BSR Real Estate Investment Trust (HOM.U) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, everyone, and welcome. My name is Jim, and I will be your conference operator today. At this time, I'd like to welcome everyone to the BSR REIT Q4 2025 Financial Results Conference Call. All lines have been placed on mute to prevent any background noise, and after management's prepared remarks, there will be a question and answer session. If you would like to ask a question during that time, simply press star and 1 on your telephone keypad. Removing yourself from the queue is just as simple. Just repeat the steps of star and one. I would now like to turn our conference over to Mr. Spencer Andrews, Vice President of Investor Relations and Marketing. Please go ahead, sir. Thank you, Jim. And good morning, everyone. Welcome to BSR Reads Conference Call to discuss our financial results for the fourth quarter and year-ending December 31st, 2025. I'm joined on the call today by our CEO, Dan Oberstein, our Chief Financial Officer, Tom Service, and our Chief Operating Officer, Susie Rosenbaum, who are all available to answer your questions after our prepared remarks. Before we begin, I want to remind listeners that certain statements made on this conference call about future events are forward-looking in nature. Any such information is subject to risks, uncertainties, and assumptions that could cause actual results to differ materially. In addition, we will reference certain non-GAAP financial measures that we believe are useful supplemental information about our financial performance. For more information, please refer to the cautionary statements on forward-looking information and a description of our non-GAAP financial measures in our news release and MD&A dated March 11, 2026. Dan, over to you. Thanks, Spencer. Our 25 financial performance reflects a REIT in tr...