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Canadian Apartment Properties Real Estate Investment Trust (CAR.UN:CA) Q1 2026 Earnings Call Transcript
2026-05-09 · via All Articles on Seeking Alpha

Canadian Apartment Properties Real Estate Investment Trust (CAR.UN:CA) Q1 2026 Earnings Call May 8, 2026 9:00 AM EDT

Company Participants

Nicole Dolan - Director of Investor Relations
Mark Kenney - CEO, President & Trustee
Stephen Co - Chief Financial Officer

Conference Call Participants

Jonathan Kelcher - TD Cowen, Research Division
Khing Shan - RBC Capital Markets, Research Division
Bradley Sturges - Raymond James Ltd., Research Division
Kyle Stanley - Desjardins Securities Inc., Research Division
Mario Saric - Scotiabank Global Banking and Markets, Research Division
Matt Kornack - National Bank Financial, Inc., Research Division
Sairam Srinivas - ATB Cormark Capital Markets Inc., Research Division
Dean Wilkinson - CIBC Capital Markets, Research Division

Presentation

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