BRT Apartments Corp. (MD) (BRT) Q1 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, and welcome to the BRT Apartment Corporation's first quarter earnings conference call. Today's conference is being recorded. At this time, I would like to turn the floor over to Mr. Tripp Sullivan of Investor Relations. Thank you. You may begin. Thank you for joining us today. On the call are Jeffrey Gould, President and Chief Executive Officer, George Swire, Chief Financial Officer, and Ryan Baltimore, Chief Operating Officer, as well as David Kalish, Senior Vice President. I'd like to remind everyone this conference call contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are based on management's current expectations, assumptions, and beliefs. Listeners should not place undue reliance on any forward-looking statement and are encouraged to review the company's SEC filings, including its Form 10-Q, for more complete discussion of risk and other factors that can affect these forward-looking statements. Except as required by law, BRT does not undertake any obligation to publicly update or revise any forward-looking statements. This call also includes a discussion of non-GAAP measures, including FFO, AFFO, NOI, combined portfolio NOI, and information regarding our pro rata shared revenues, expenses, NOI, assets, and liabilities of BRT's unconsolidated subsidiaries. All the non-GAAP information discussed today has certain limitations and should be used with caution and in conjunction with the GAAP data presented in our supplemental earnings release in our report spot with the SEC. Please see these reports and filings for the definitions of each non-GAAP measure. As a reminder, the company's supplemental information and earnings release have been posted on the Investor Relations section of BRT's we...