Thank you, Sherry, and welcome to AvalonBay Communities Fourth Quarter 2024 Earnings Conference Call. Before we begin, please note that forward-looking statements may be made during this discussion.

Deputy Director for the Asia and Pacific Department, Mission Chief for Japan, IMF ...

Bruce Thames; President, Chief Executive Officer, Director; Thermon Group Holdings Inc Jan L. Schott; Senior Vice President, Chief Financial Officer; Thermon Group Holdings Inc Greetings and welcome ...