Apartment Investment and Management Company (AIV) Q2 2020 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and welcome to the ANCA second quarter 2020 earnings conference call. All participants will be in a listen-only mode. To continue assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star, then one on your touchtone phone. To withdraw your question, please press star, then two. Please note, this event is being recorded. I would now like to turn the conference over to Lisa Kell. Please go ahead. Thank you, and good day. During this conference call, the forward-looking statements we make are based on management's judgment, including projections related to 2020 expectations. These statements are subject to certain risks and uncertainties, a description of which can be found in our SEC filing. Actual results may differ materially from what may be discussed today. We will also discuss certain non-GAAP financial measures, such as AFFO and FFO. These are defined and are reconciled to the most comparable GAAP measures in the supplemental information that is part of the full earnings release published on AIMCO's website. Prepared remarks today come from Terry Considine, our Chairman and CEO, Keith Kimmel, Executive Vice President in Charge of Property Operations, Wes Powell, Executive Vice President in Charge of Redevelopment, and Paul Belden, our Chief Financial Officer. Other members of management are present and will be available during our question and answer session, which will follow our prepared remarks. I will now turn the call to Kerry Considine. Kerry? Thank you, Lisa, and thanks to all of you on this call for your interest in AIMCO. The second quarter economic contraction was the most abrupt and most severe in ...