Apartment Investment & Management Co (NYSE:AIV)
$ 8.27 0.07 (0.85%) Market Cap: 1.17 Bil Enterprise Value: 2.70 Bil PE Ratio: 0 PB Ratio: 4.93 GF Score: 69/100

Q2 2020 Apartment Investment and Management Co Earnings Call Transcript

Aug 04, 2020 / 04:00PM GMT
Operator

Good day, and welcome to the Aimco Second Quarter 2020 Earnings Conference Call. (Operator Instructions) Please note, this event is being recorded.

I would now like to turn the conference over to Lisa Cohn. Please go ahead.

Lisa R. Cohn
Apartment Investment and Management Company - Executive VP, General Counsel & Secretary

Thank you, and good day. During this conference call, the forward-looking statements we make are based on management's judgment, including projections related to 2020 expectations. These statements are subject to certain risks and uncertainties, a description of which can be found in our SEC filings. Actual results may differ materially from what may be discussed today.

We will also discuss certain non-GAAP financial measures, such as AFFO and FFO. These are defined and are reconciled to the most comparable GAAP measures in the supplemental information that is part of the full earnings release published on Aimco's website.

Prepared remarks today come from Terry Considine, our Chairman and CEO; Keith Kimmel,

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