Mid-America Apartment Communities, Inc. (NYSE:MAA) Q1 2025 Earnings Conference Call May 1, 2025 10:00 AM ET

Company Participants

Andrew Schaeffer – SVP, Treasurer and Director, Capital Markets
Brad Hill – President and CEO
Tim Argo – EVP and, Chief Strategy and Analysis Officer
Clay Holder – EVP and CFO

Conference Call Participants

Eric Wolfe – Citigroup
Daniel Tricarico – Scotiabank
Cooper Clark – Wells Fargo
Jana Galan – Bank of America
Adam Kramer – Morgan Stanley
Michael Goldsmith – UBS
Julien Blouin – Goldman Sachs
John Kim – BMO Capital Markets
Wes Golladay – Baird
Alexander Goldfarb – Piper Sandler
Rob Stevenson – Janney Montgomery Scott
Ann Chan – Green Street
Doug Horne – Raymond James
Alex Kim – Zelman & Associates
Brad Heffern – RBC Capital Markets

Operator

Good morning, ladies and gentlemen, and welcome to the MAA First Quarter 2025 Earnings Conference Call. During the presentation, all participants will be in a listen-only mode. Afterward, the company will conduct a question-and-answer session. As a reminder, this conference call is being recorded today, May 1st, 2025.

I will now turn the call over to Andrew Schaeffer, Senior Vice President, Treasurer and Director of Capital Markets of MAA for opening comments.

Andrew Schaeffer

Thank you, Regina, and good morning, everyone. This is Andrew Schaeffer, Treasurer and Director of Capital Markets for MAA. Members of the management team participating on the call this morning are Brad Hill, Tim Argo, Clay Holder, and Rob DelPriore.

Before we begin with prepared comments this morning, I want to point out that as part of this discussion, company management will be making forward-looking statements. Actual results may differ materially from our projections. We encourage you to refer to the forward-looking statements section in yesterday’s earnings release and our 1934 Act filings with the SEC, which describe risk factors that may