Agree Realty Corporation (ADC) Q2 2025 Earnings Call

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WEBVTT 00:00:00.706 -- 00:00:05.911 Good morning and welcome to the AGRI Realty second quarter 2025 00:00:05.911 -- 00:00:10.076 conference call. All participants will be in a listen-only mode. 00:00:10.076 -- 00:00:14.520 Should you need assistance, please signal a conference specialist by pressing the star 00:00:14.520 -- 00:00:19.566 key followed by zero. After today's presentation, there will be an opportunity 00:00:19.566 -- 00:00:24.931 to ask questions. To ask a question, you may press star then one on your touch-tone 00:00:24.931 -- 00:00:29.140 phone. To withdraw your question, please press star then one. 00:00:29.140 -- 00:00:32.725 Please limit yourself to two questions during this call. 00:00:32.725 -- 00:00:36.551 And note, this event is being recorded. 00:00:36.551 -- 00:00:41.598 I would now like to turn the conference over to Ruben Treatment, Senior Director 00:00:41.598 -- 00:00:45.724 of Corporate Finance. Please go ahead, Ruben. 00:00:45.724 -- 00:00:50.091 Thank you. Good morning, everyone, and thank you for joining us for Agri-Realty's second 00:00:50.091 -- 00:00:54.958 quarter 2025 earnings call. Before turning the call over to Joey and Peter to discuss 00:00:54.958 -- 00:00:58.790 our results for the quarter, let me first run through our cautionary language. 00:00:58.790 -- 00:01:02.495 Please note that during this call, we will make certain statements that may be considered 00:01:02.495 -- 00:01:06.941 forward-looking under federal securities law, including statements related to our updated 00:01:06.941 -- 00:01:11.947 2025 guidance. Our actual results may differ significantly from the matters discussed 00:01:11.947 -- 00:01:15.432 in any forward-looking statements for a number of reasons. 00:01:15.432 -- 00:01:20.658 Please see yesterday's e...