Washington Real Estate Investment Trust Accelerates Transformation into Multifamily REIT with Agreement to Sell Office Portfolio to Brookfield Asset Management Inc Transcript

Feb 10, 2024

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Jun 15, 2021 / 12:00PM GMT
Wade Drew Hammond - Washington Real Estate Investment Trust - VP, CAO & Treasurer

Welcome to the Washington Real Estate Investment Trust investor presentation, accelerating our transformation into a multifamily REIT. As a reminder today's presentation and webcast is being recorded. I am Drew Hammond, Vice President, Chief Accounting Officer and Treasurer, and would like to share the following information before we get started. Please note that forward-looking statements may be made during this discussion. Such statements involve known and unknown risks and uncertainties, including those related to our strategic transactions, which may cause actual results to differ materially, and we undertake no duty to update them as actual events unfold. We refer to certain of these risks in our SEC filings. There is no assurance that we will execute the described transactions and strategies, including the expected dispositions, repayment of debt and redeployment of proceeds into additional multifamily assets on the terms and timing anticipated or at all.

Reconciliations of the GAAP and non-GAAP financial

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