AvalonBay Communities (AVB) Q2 2017 Results - Earnings Call Transcript

8/4/17

AvalonBay Communities, Inc. (NYSE:AVB)

Q2 2017 Earnings Call

August 03, 2017 1:00 pm ET

Executives

Jason Reilley - AvalonBay Communities, Inc.

Timothy J. Naughton - AvalonBay Communities, Inc.

Sean J. Breslin - AvalonBay Communities, Inc.

Matthew H. Birenbaum - AvalonBay Communities, Inc.

Kevin P. O'Shea - AvalonBay Communities, Inc.

Analysts

Nicholas Joseph - Citigroup Global Markets, Inc.

Nick Yulico - UBS Securities LLC

Richard Allen Hightower - Evercore ISI

Juan Sanabria - Bank of America Merrill Lynch

Andrew T. Babin - Robert W. Baird & Co., Inc.

Austin Wurschmidt - KeyBanc Capital Markets, Inc.

Dennis Patrick McGill - Zelman & Associates

Wes Golladay - RBC Capital Markets LLC

Alexander Goldfarb - Sandler O'Neill & Partners LP

Vincent Chao - Deutsche Bank

Conor Wagner - Green Street Advisors, LLC

Richard Hill - Morgan Stanley & Co. LLC

Robert Stevenson - Janney Montgomery Scott LLC

Operator

Good morning, ladies and gentlemen, and welcome to AvalonBay Communities Second Quarter 2017 Earnings Conference Call. At this time, all participants are in a listen-only mode. Following remarks by the company, we will conduct a question-and-answer session.

Your host for today's conference call is Mr. Jason Reilley, Senior Director of Investor Relations. Mr. Reilley, you may begin your conference.

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