AvalonBay Communities, Inc. (AVB) Q4 2024 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.035 Good morning, ladies and gentlemen, and welcome to Avalon Bay Community's second quarter 00:00:04.035 -- 00:00:09.842 2024 earnings conference call. At this time, all participants are in a listen-only mode. 00:00:09.842 -- 00:00:13.886 Following remarks by the company, we will conduct a question and answer session. 00:00:13.886 -- 00:00:17.590 You may enter the question and answer queue at any time during this conference by pressing 00:00:17.590 -- 00:00:19.813 star 1. 00:00:19.813 -- 00:00:23.177 If your question has been answered or you wish to remove yourself from the queue, you 00:00:23.177 -- 00:00:27.641 may press star 2. If you are using a speakerphone, please lift the handset before asking 00:00:27.641 -- 00:00:31.776 your question, and we ask that you refrain from typing and having your cell phones turned 00:00:31.776 -- 00:00:34.238 off during the question and answer session. 00:00:34.238 -- 00:00:39.284 Your host for today's conference is Mr. Jason Riley, Vice President of Investor Relations. 00:00:39.284 -- 00:00:43.046 Mr. Riley, you may begin your conference call. 00:00:43.328 -- 00:00:48.474 Thank you, Paul, and welcome to Avalon Bay Community's second quarter 2024 earnings conference 00:00:48.474 -- 00:00:52.598 call. Before we begin, please note that forward-looking statements may be made during 00:00:52.598 -- 00:00:56.743 this discussion. There are a variety of risk and uncertainties associated with forward-looking 00:00:56.743 -- 00:01:00.038 statements, and actual results may differ materially. 00:01:00.038 -- 00:01:03.323 There's a discussion of these risks and uncertainties in yesterday afternoon's press 00:01:03.323 -- 00:01:09.351 release, as well as in the company's Form 10-K and Form 10-Q, followed with t...