Omega Healthcare Investors, Inc.

I would now like to turn the conference over to Michelle Reber. You may begin.

Thank you, and good morning. With me today is Omega's CEO, Taylor Pickett, COO, Dan Booth, CFO, Bob Stevenson, and Megan Krull, Senior Vice President of Operations. Comments made during this conference call that are not historical facts may be forward-looking statements, such as statements regarding our financial projections, potential transactions, operator prospects, and outlook generally. Factors that could cause actual results to differ materially from those in the forward-looking statements are detailed in the company's filings with the SEC. During the call today, we will refer to some non-GAAP financial measures, such as NAVREAD FFO, adjusted FFO, FAD, and EBITDA. Reconciliations of these non-GAAP measures to the most comparable measure under generally accepted accounting principles are available in the quarterly supplement. In addition, Certain operator coverage and financial information that we discuss is based on data provided by our operators that has not been independently verified by Omega. I will now turn the call over to Taylor.

Thanks, Michelle. Good morning, and thank you for joining our third quarter 2024 earnings conference call. Today, I will discuss our third quarter financial results and certain key operating trends. Third quarter FAD, funds available for distribution of 70 cents per share. was better than expected and it should continue to improve as several portfolios are in the process of being transitioned, which will result in fat upside over the next few quarters. Our dividend payout ratio is now 96% and should continue to drop into the low 90% range in the upcoming quarters. As a result of our year-to-date portfolio transitions and acquisitions, we've again narrowed and increased our 2024 AFFO guidance to a range of $2.84 and $2.86 per share. We have issued a significant amount of equity to fund our robust pipeline, which has bolstered our liquidity and further delivered the balance sheet. As Dan will discuss, key tenant occupancy and rent coverage metrics are strong, while the under one times EBITDA coverage operator metric has no material risks or concerns. During the first three quarters of 2024, we have issued over $800 million in equity. And year to date, we've invested over $900 million. The pipeline remains very active. Our annual revenue run rate now exceeds $1.1 billion, with 25% of that revenue coming from our large and growing senior housing portfolio. We are well positioned to continue to deploy capital accretively increasing our revenue, AFFO, FAD, and dividend coverage. I will now turn the call over to Bob.