Juan Sanabria | VP, IR |
Debra Cafaro | Chairman and CEO |
Bob Probst | EVP and CFO |
John Cobb | EVP and CIO |
Pete Bulgarelli | EVP of Office |
Nicholas Joseph | Citi |
Nick Yulico | Scotiabank |
Vikram Malhotra | Morgan Stanley |
John Kim | BMO Capital Markets |
Michael Carroll | RBC Capital Markets |
Joshua Dennerlein | Bank of America Merrill Lynch |
Daniel Bernstein | Capital One |
Rich Anderson | SMBC Nikko |
Tayo Okusanya | Jefferies |
Todd Stender | Wells Fargo |
Lukas Hartwich | Green Street |
Karin Ford | MUFG Securities |
Jordan Sadler | KeyBanc Capital Markets |
Michael Mueller | JPMorgan |
Chad Vanacore | Stifel Nicolaus |
Derek Johnston | Deutsche Bank |
Jonathan Hughes | Raymond James |
Good day, ladies and gentlemen and welcome to the First Quarter 2019 Ventas Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session, and instructions will follow at that time. [Operator Instructions] As a reminder, this conference call is being recorded. I would now like to introduce your host for today's conference, Mr.