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BRE Properties's CEO Discusses Q4 2011 Results - Earnings Call Transcript

BRE Properties, Inc. ( BRE)

Q4 2011 Earnings Call

February 7, 2012 12:00 pm ET

Executives

Constance B. Moore – President & Chief Executive Officer

John A. Schissel – Executive Vice President, Chief Financial Officer

Scott A. Reinert – Executive Vice President, Operations

Stephen C. Dominiak – Executive Vice President, Chief Investment Officer

Analyst

Jeffrey Donnelly – Wells Fargo Securities, LLC

David Bragg – Zelman & Associates, LLC

Michael Salinsky – RBC Capital Markets

Swaroop Yalla – Morgan Stanley

Robert Stevenson – Macquarie Research Equities

Ross Nussbaum – UBS

Eric Wolfe – Citigroup Inc.

Jana Galan – Bank of America/Merrill Lynch

Presentation

Operator

Good morning. My name is Leah and I will be your conference operator today. At this time, I would like to welcome everyone to the BRE Properties Fourth Quarter 2011 Earnings Conference Call. (Operator Instructions) I would now like to turn the call over to Ms. Constance Moore, President and Chief Executive Officer. Please go ahead.

Constance B. Moore

Thank you, Leah, and good morning everyone. Thank you for joining BRE's year-end 2011 earnings call. Before we begin our conversation, I'd like to remind listeners that our comments and answers to your questions may include both historical and future references. We do not make statements we do not believe are accurate and fairly represent BRE's performance and prospects, given everything we know today. But when we use words like expectation, projections or outlook, we are using forward-looking statements, which, by their very nature, are subject to risk and uncertainty.

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