Earnings Call Excerpt
BRE Properties Inc. (BRE)
Q3 2009 Earnings Call
November 3, 2009 11:00 am ET
Executives
Constance Moore - President and CEO
Ed Lange - EVP and COO
John Schissel - EVP and CFO
Steve Dominiak - EVP and CIO
Analysts
Dave Bragg - ISI
Rob Stevenson - Fox-Pitt Kelton
Swaroop Yalla - Morgan Stanley
Jay Habermann - Goldman Sachs
Michael Salinsky - RBC Capital Markets
Michelle Ko - Bank of America/Merrill Lynch
Michael Levy - Macquarie
David Todi of Citi
Jeffrey Donnelly - Wells Fargo
James Wilson - JMP Securities
Jim Cowan - Morgan Stanley
Presentation
Operator
Good morning. My name is Paula and I'll be your conference operator today. At this time, I would like to welcome everyone to the third quarter 2009 earnings release conference call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will a question-and-answer session. (Operator Instructions).
Thank you. I would now like to turn the call over to Ms. Constance Moore, President and Chief Executive Officer. You may being your conference.
Constance Moore
Thank you, Paula. Good morning, everyone. Thank you for joining BRE's third quarter 2009 earnings call. If you're joining us on the Internet today, please feel free to email your questions to ask BRE@breproperties.com at anytime during this morning's call.
Before we being our conversation, I'd like to remind listeners that comments and answers to your questions may include both historical and future references. We do not make statements we do not believe are accurate and fairly represents BRE's performance and prospects given everything that we know today. But when we use words like expectation, projections or outlook, we are using forward-looking statements, which, by their very nature, are subject to risk and uncertainty. We strongly encourage listeners to read BRE's Form 10-K for a full description of potential risk factors and our 10-Qs for interim updates.
This morning, management's commentary will cover our financial and operating results for the quarter, the investment environment, our financial position and other reporting items. Ed, John Schissel, our new CFO and I will provide the prepared commentary. Steve Dominiak, our Chief Investment Officer, is on the call and will be available during the Q&A session.
Before I begin, I want to say how pleased we are to have John join our executive team. John has joined us at a very busy time for BRE and he has jumped in with both feet. Many of you will be at (inaudible) next week and we look forward to introducing you to John, or for many of you getting reacquainted with John as you knew him from his banking days.
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