Flagship Communities Real Estate Investment Trust (MHC.U) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, ladies and gentlemen. Thank you for standing by. Welcome to the Flagship Communities REIT second quarter's 2026 earnings call. At this time, all participants are on a listen-only mode. Following the presentation, we will hold a brief question and answer session for analysts and institutional investors. I would like to remind everyone that this conference call is being recorded. Today's presenters are Kurt Keeney, Flagship's President and Chief Executive Officer, Nathan Smith, Chief Investment Officer, and Eddie Carlisle, 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 these risk and uncertainties, please consult the company's relevant filings on CDAR+. These documents are also available on Flagship's website at FlagshipCommunities.com. Flagship has also prepared a corresponding PowerPoint presentation, which it encourages you to follow along with during this call. and now I'll pass the call over to Kurt Keeney. Kurt. Thank you, operator. Good morning, everyone. Thank you for joining us today. Flagship delivered another strong quarter of operating and financial results driven by the continued success of our core business and the MHC industry. In the second quarter, we experienced higher overall occupancy and higher same community occupancy as well as increases in our same community financial metrics. When we see improvements of this nature, it speaks to the strong demand for affordable housing and the overall strength in the MHC sector. In our almost six years as a public REIT and over 30 years in the MHC space, we have proven ou...