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Essex Property Trust's CEO Discusses Q4 2011 Results - Earnings Call Transcript

Essex Property Trust, Inc. ( ESS)

Q4 2011 Earnings Conference Call

February 2, 2012 14:30 ET

Executives

Michael Schall – President and Chief Executive Officer

Erik Alexander – Senior Vice President and Divisional Manager

Mike Dance – Chief Financial Officer and Executive Vice President

Analysts

Swaroop Yalla – Morgan Stanley

Jana Galan – Bank of America/Merrill Lynch

Eric Wolfe – Citigroup

Alex Goldfarb – Sandler O'Neill

Gautam Garg – Credit Suisse

Ross Nussbaum – UBS

David Harris – Imperial Capital

Rich Anderson – BMO Capital Markets

Paula Poskon – Robert W. Baird

Michael Salinsky – RBC Capital Markets

Dave Bragg – Zelman & Associates

Tayo Okusanya – Jefferies

Presentation

Operator

Greetings, and welcome to the Essex Property Trust Fourth Quarter 2011 Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. (Operator Instructions) As a reminder, this conference is being recorded.

Statements made on this conference call regarding expected operating results and other future events are forward-looking statements that involve risks and uncertainties. Forward-looking statements are made based on current expectations, assumptions, and beliefs as well as information available for the company at this time. A number of factors could cause actual results to differ materially from those anticipated. Further information about these risks can be found in the company’s filings with the SEC.

It is now my pleasure to introduce your host, Mr. Michael Schall, President and Chief Executive Officer of Essex Property Trust. Thank you, sir. You may begin.

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