Jenna Gallon
Analyst, Bank of America
Replay available
Essential Properties Realty Trust, Inc. (NYSE: EPRT) Q2 2025 earnings conference call, held 2025-07-24. Replay captured from the company's public earnings webcast.

Analyst, Bank of America
Analyst, Scotiabank
Analyst
President and Chief Executive Officer
Chief Financial Officer
Analyst, Mizuho
Chief Investment Officer
Analyst, BMO Capital Markets
Analyst, Green Street
Analyst, Goldman Sachs
Head of Corporate Finance and Strategy
Analyst, Truist
Analyst, Barclays
Analyst, UBS
Chief Operating Officer
Please stand by, your program is about to begin. Good morning, ladies and gentlemen, and welcome to Essential Properties Realty Trust's second quarter 2025 earnings conference call. At this time, all participants are in a listen-only mode. Later, you will have the opportunity to ask questions during the question and answer session. You may register to ask questions by pressing the star and 1 on your telephone keypad. You may remove your question by pressing star 2. This conference call has been recorded and a replay of the call will be available 3 hours after the completion of the call for the next 2 weeks. The dial-in details for the replay can be found in yesterday's press release. Additionally, there will be an audio webcast available on Essential Properties website at .essentialproperties.com, an archive of which will be available for 90 days. On the call this morning are Pete Mavoudis, President and Chief Executive Officer, Mark Patton, Chief Financial Officer, Max Jenkins, Chief Operating Officer, AJ Peel, Chief Investment Officer, and Rob Salisbury, Head of Corporate Finance and Strategy. It is now my pleasure to turn the call over to Rob Salisbury. Please go ahead. Thank you, Operator. Good morning, everyone, and thank you for joining us today for Essential Properties' second quarter 2025 earnings conference call. During this conference call, we will make certain statements that may be considered forward-looking statements under federal securities law. The company's actual future results may differ significantly from the matters discussed in these forward-looking statements, and we may not release revisions to those forward-looking statements to reflect changes after the statements were made. Factors and risks that could cause actual results to differ materia...