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City Office REIT's (CIO) CEO Jamie Farrar on Q1 2018 Results - Earnings Call Transcript

May 04, 2018 12:24 PM ETCity Office REIT, Inc. (CIO)
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City Office REIT, Inc. (NYSE:CIO) Q1 2018 Earnings Conference Call May 4, 2018 11:00 AM ET


Jamie Farrar - CEO

Tony Maretic - CFO, Corporate Secretary and Treasure


Rob Stevenson - Janney Montgomery

Craig Kucera - B. Riley FBR

Barry Oxford - D.A. Davidson


Good morning and welcome to the City Office REIT Inc. First Quarter 2018 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].

It is now my pleasure to introduce you to Tony Maretic, the company's Chief Financial Officer, Treasurer and Corporate Secretary. Thank you. Mr. Maretic, you may begin.

Tony Maretic

Good morning. Before we begin, I would like to direct you to our Web site at cityofficereit.com, where you can download our first quarter earnings press release and a supplemental information package. The earnings release and the supplemental package both include a reconciliation of non-GAAP measures that will be discussed today to their most directly comparable GAAP financial measures. Certain statements made today that discuss the company's beliefs or expectations, or that are not based on historical fact, may constitute forward-looking statements within the meaning of the Federal Securities laws. Although the company believes that these expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that these expectations will be achieved.

Please see the forward-looking statements disclaimer in our first quarter earnings press release and the company's filings with the SEC for factors that could cause material differences between forward-looking statements and actual results. The company undertakes no obligation to update any forward-looking statements that may be made in the course of this call. I will review our financial results after Jamie Farrar, our Chief Executive Officer, discusses some of the quarter's operational

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