Welcome to Caliber's Third Quarter 2024 Earnings Call. [Operator Instructions]. I would now like to turn the call over to Maura Conlon, Investor Relations for Caliber. Please go ahead.

Maura Conlon

Thank you, Camille. Good afternoon everyone, and thanks for joining us for Caliber's third quarter 2024 financial results conference call. I'm here today with Chris Loeffler, Chief Executive Officer, and Co-Founder and Jade Leung, Chief Financial Officer. Please note that we have a quarterly earnings presentation which will serve as a supplement to today's prepared remarks. You can access the presentation on the investor relations section of our website at www.caliberco.com. After management's commentary, we will open the call up to your questions. As a reminder, the information discussed today may include forward looking statements that involve risks and uncertainties, words like believe, accept and anticipate refer to our best estimates as of this call, and there can be no assurances that these will actually take place. So our actual future results could differ significantly from these statements. Further information on the company's risk factors is contained in the company's quarterly and annual reports and filed with the Securities and Exchange Commission.

It is now my pleasure to turn the call over to Chris. Chris, please go ahead.

Chris Loeffler

Thank you Maura, and thank you everyone for joining the call today. For those of you who are new to Caliber, we are a real estate asset manager in the business of investing in developing and managing real estate through private funds and similar vehicles. We generate income through recurring asset management fees and one