Operator

Hello, everyone, and thank you for joining the Canadian Apartment Properties REIT's First Quarter 2026 Results Conference Call. My name is Claire, and I'll be coordinating your call today. [Operator Instructions]

I will now hand over to Nicole Dolan, Investor Relations at Canadian Apartment Properties REIT, to begin. Please go ahead.

Nicole Dolan
Director of Investor Relations

Thank you, operator, and good morning, everyone. Before we begin, let me remind everyone that during our conference call this morning, we may include forward-looking statements about expected future events and the financial and operating results of CAPREIT, which are subject to certain risks and uncertainties. We direct your attention to Slide 2 and our other regulatory filings for important information about these statements.

I will now turn the call over to Mark Kenney, President and CEO.

Mark Kenney
CEO, President & Trustee

Thanks, Nicole, and good morning, everyone. Joining me this morning is Stephen Co, our Chief Financial Officer.

Before we begin, I'd like to take a moment to personally announce my retirement as President and CEO of CAPREIT. And I am pleased to announce Brad Cutsey as my successor effective July 2. I have greatly enjoyed the nearly