Jason Reilley | AvalonBay Communities, Inc. |
Timothy J. Naughton | AvalonBay Communities, Inc. |
Sean J. Breslin | AvalonBay Communities, Inc. |
Matthew H. Birenbaum | AvalonBay Communities, Inc. |
Kevin P. O'Shea | AvalonBay Communities, Inc. |
[0B8FLS-E Nick Joseph | |
Juan C. Sanabria | Bank of America |
Rich Allen Hightower | Evercore ISI |
Nick Yulico | UBS Securities LLC |
Austin Wurschmidt | KeyBanc Capital Markets, Inc. |
John P. Kim | BMO Capital Markets (United States) |
Drew T. Babin | Robert W. Baird & Co., Inc. |
Wes Golladay | RBC Capital Markets LLC |
Hardik Goel | Zelman & Associates |
John William Guinee | Stifel, Nicolaus & Co., Inc. |
Richard Hill | Morgan Stanley & Co. LLC |
Alexander Goldfarb | Sandler O'Neill & Partners LP |
Omotayo Tejumade Okusanya | Jefferies LLC |
Conor Wagner | Green Street Advisors, LLC |
Richard Anderson | Mizuho Securities USA, Inc. |
Jeffrey Pehl | Goldman Sachs & Co. LLC |
Michael Jason Bilerman | Citigroup Global Markets, Inc. |
Good morning and welcome to the AvalonBay Communities' Third Quarter 2017 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Following remarks by the company, we will conduct a question-and-answer session.
Your host for today's conference call is Mr. Jason Reilley, Senior Director of Investor Relations.