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Invitation Homes Inc. (NYSE:INVH ) Q1 2025 Earnings Conference Call May 1, 2025 11:00 AM ET Company Participants Scott McLaughlin - Senior Vice President, Investor Relations Dallas Tanner - Chief Executive Officer Charles Young - President and Chief Operating Officer Jonathan Olsen - Chief Financial Officer Scott Eisen - Chief Investment Officer Conference Call Participants Michael Goldsmith – UBS Eric Wolfe – Citibank Steve Sakwa - Evercore ISI Jana Galan - Bank of America Austin Wurschmidt - KeyBanc Capital Markets Haendel St. Juste - Mizuho Securities Jamie Feldman - Wells Fargo John Pawlowski - Green Street Adam Kramer - Morgan Stanley Brad Heffern - RBC Julien Blouin - Goldman Sachs Richard Hightower – Barclays Jesse Lederman - Zelman & Associates Juan Sanabria - BMO Capital Markets Daniel Tricarico - Scotiabank Linda Tsai – Jefferies Jason Sabshon – KBW Operator Welcome to the Invitation Homes First Quarter 2025 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.