Apartment Income REIT Corp (NYSE:AIRC) Q2 2023 Earnings Call Transcript July 28, 2023 2:00 PM ET
Company Participants
Lisa Cohn - President and General Counsel, AIR Communities
Terry Considine - CEO
Keith Kimmel - President of Property Operations
John McGrath - Co-CIO and Chairman of Investment Committee
Paul Beldin - CFO
Conference Call Participants
Eric Wolfe - Citi
Robert Stevenson - Janney
Haendel St. Juste - Mizuho
John Kim - BMO Capital Markets
Operator
Welcome and thank you for attending today's AIR Communities Second Quarter 2023 Earnings Conference Call. My name is Jaybee and I will be your moderator for today's call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions]
I would now like to pass the conference over to Lisa Cohn, President and General Counsel of AIR Communities. You may proceed.
Lisa Cohn
Thank you, Jaybee, and good day. My name is Lisa Cohn, I am President and General Counsel of AIR Communities. During this conference call, forward-looking statements we make are based on management's judgment, including projections related to our 2023 expectations. These statements are subject to certain risks and uncertainties, a description of which can be found in our SEC filings. Actual results may differ materially from what may be discussed today.
We will also discuss certain non-GAAP financial measures such as FFO. These are defined and are reconciled to the most comparable GAAP measures in the supplemental information that is part of the full earnings release published on AIR's website. Prepared remarks today come from Terry Considine, our CEO; Keith Kimmel, our President of Property Operations; John McGrath, our Co-Chief Investment Officer and Chairman of our Investment Committee; and Paul Beldin, our Chief Financial Officer. Other members of management are also present. All of us will be available during the question-and-answer session, which will follow our prepared remarks.
I will now turn the call to Terry Considine. Terry?
Terry Considine
Thank you, Lisa and happy 21st anniversary at AIR. Thank you for your leadership of so many functions that are the foundation of what we do. On another call, we should spend more time discussing their important and all that you do so well.
Thank you to everyone on this call for your interest in AIR. AIR was organized to build a business based on its comparative advantage in property operations. Today I plan to comment on our progress during the second quarter by addressing six subjects with more detailed reporting to follow from my colleagues.