David Striph | Executive Vice President |
Paul Layne | Chief Executive Officer |
David O'Reilly | Chief Financial Officer |
Alexander Goldfarb | Piper Sandler |
Alex Barron | Housing Research Center |
Vahid Khorsand | BWS Financial. |
Peter Abramowitz | Jefferies |
Good morning, and welcome to the Howard Hughes Corporation Fourth Quarter 2019 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. Instructions will be given at that time. Please note today's event is being recorded.