Flagship Communities Real Estate Investment Trust (MHC.U) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, ladies and gentlemen. Thank you for standing by. Welcome to the flagship communities read second quarter 2025 earnings call. At this time, all participants are in a listen only mode. Following the presentation, we will hold a brief question and answer session for analysts and institutional investors. To ask a question during the session, you will need to press star 1-1 on your telephone. I would like to remind everyone that this conference call is being recorded. Today's presenters are Kurt Kinney, flagship president and chief executive officer, Nathan Smith, chief investment officer, and Eddie Carlyle, chief financial officer. Please note that comments made on today's call may contain forward looking information. And this information by its nature is subject to risk and uncertainties. Actual results may differ materially from the views expressed today. For further information on this risk and uncertainties, please consult the company's relevant filings on Cedar. These documents are also available on flagship's website at flagshipcommunities.com. Flagship has also prepared a corresponding PowerPoint presentation, which encourages you to follow along with during this call. And now I'll pass the call over to Kurt Kinney. Kurt. Thank you, operator. Good morning, everyone. Thank you for joining us today. In the second quarter, our operations continue to perform according to plan, which has set us up well to have another great year in 2025. Our strong performance also showcases our ability to continue growing occupancy levels, rental revenue, and FFO in addition to same community metrics. Our solid financial performance speaks to the strength of our business model throughout all economic cycles. We have been able to improve our portfolio in a number of ways. The fi...