Welcome to the second quarter 2025 webcast for National Healthcare Properties, Inc.. All participants will be in a listen-only mode. Please note this event is being recorded. Also note that certain statements and assumptions in this webcast presentation, which are not historical facts, will be forward-looking and are being made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain assumptions and risk factors, which could cause the company's actual results to differ materially from the forward-looking statements. The company refers you to its SEC filings, including its most recent Form 10-K, for a detailed discussion of the risk factors that could cause these differences and impacts in its business. During today's call, the company will also discuss certain non-GAAP financial measures. These measures should not be considered in isolation or as a substitution for the financial results prepared in accordance with GAAP. The company will provide a reconciliation of these measures to the most directly comparable GAAP measures as part of its second quarter 2025 materials on its website at www.nhpreit.com. You may submit questions during today's webcast by typing them in the box on the screen, and a member of the company's investor relations team will follow up upon the conclusion of this presentation. Please note that a copy of this presentation and replay of the webcast will be available on the company's website later today. I would now like to turn the call over to Michael Anderson, Chief Executive Officer and President, and Scott Lappetito, Chief Financial Officer. Please go ahead, Michael. Good afternoon, and thank you for joining us today. Since our internalization of management in late 2024, we've been focused on preparing NHP for a public listing. This includes increasing the transparency of our disclosures, reducing corporate leverage, and disposing of assets that fail to meet our standards of portfolio quality. Also includes an internal emphasis on performance. I'm pleased to share that we're continuing momentum on each of these fronts. During the second quarter, NHP's portfolio delivered year-over-year cash NOI growth of 8.5% on a same-store basis, headlined by same-store growth of 17.3% of our seniors housing operating properties, or SHOP portfolio. This exceptional growth is driven by continued expansion of both occupancy and rate across both of our independent living and assisted living facilities. Annual cash NOI growth within our outpatient medical facilities, or OMF portfolio, was also excellent at 4.4%, benefiting from the resumption of operations at the repositioned asset that we discussed last quarter. This operating strength led to across-the-board improvement from both funds from operations and enterprise net leverage. Scott Lappetito will dive deeper into the numbers in a moment. Before then, I'd like to speak about the work we've done during the quarter to further position the company for successful public listing. In June, our team attended the Nareit conference in New York City, hosting meetings with dozens of investment bankers and equity research analysts. We've continued conversations with each of these important counterparties with a focus on the origination of an unsecured corporate credit facility. It's too early to share any particulars on the size or economics of the facility, but this critical step will enhance corporate liquidity and provide NHP with the ability to fund the acquisition of new assets on an unsecured basis. We anticipate closing for the facility during the fourth quarter. Once that's complete, we expect to begin the process of designating lead IPO banks and confidentially filing our Form S-11 with the SEC. It's important to remember that the timing of this process is highly dependent on market factors outside of our control. That said, we'll make every effort to keep our existing and future investors informed during the listing process. Another important component of our pre-IPO work is the production of a REIT standard quarterly supplemental. For those who are not familiar, the supplemental will disclose meaningful KPIs on our portfolio performance and financial health and is generally viewed as a priority document for prospective public market investors. We will furnish the supplemental on our website. In closing, we believe that healthcare real estate generally, and seniors housing in particular, continues to represent a generational opportunity for investors. I couldn't be more excited about the road ahead. Scott, could you please take us through the quarterly financial performance? Thanks, Michael. During the second quarter, the company generated Nareit-defined funds from operation of $5.4 million or $0.19 per share, which was an increase of $0.05 over the prior quarter. Adjusted funds from operations of $9.1 million or $0.32 per share, which was an increase of $0.01 over the prior quarter. These increases were driven primarily by same-store NOI growth. The SHOP portfolio continues to perform exceptionally, with same-store NOI growth totaling a remarkable 17.3% on a year-over-year basis. This growth was driven by strength in both census and rate. Same-store occupancy within the SHOP portfolio increased 170 basis points relative to the prior quarter, to an average rate of 82.8%. Momentum is expected to continue in the third quarter, with June spot occupancy coming in at 83%. On the rate side, quarterly RevPAR was $5,990, a 3.4% increase over the same period last year. The OMF portfolio delivered same-store NOI growth of 4.4% relative to the prior year, which compares to our portfolio average rent escalator of 2.3%. The team also remains focused on increasing annual escalators across the portfolio, with 80% of our executed 2025 leases containing an average rent increase of 2.85%. Recurring CapEx investments for the quarter totaled $10.6 million. As a reminder, we report CapEx as it is spent. A majority of this figure related to leases signed in 2023 and 2024, when we executed long-term lease extensions with our top two OMF tenants. Turning to the balance sheet, net debt to annualized adjusted EBITDA decreased to 9.3x. This change was driven by organic portfolio earnings growth. As previously announced, we've initiated a buyback program of our preferred stock, repurchasing approximately 125,000 preferred shares during the second quarter at an effective yield of 12.8%. This activity is tremendously accretive to FFO and takes advantage of a pricing inefficiency in our preferred stock during a time when awareness of our company is low. I would now like to turn the call back to Michael for his closing remarks. Thank you, Scott. Before ending the call, I'd like to share a couple of housekeeping items for the benefit of our shareholders and their financial advisors. First, over the years, we have invested significant resources working with our transfer agent, Computershare, to build a dedicated online Investor Center that allows both shareholders and their financial advisors to access their account statements, complete transactions using online forms, and update contact and other information. We strongly encourage you to register with Investor Center, which will allow you to fulfill many of your requests in a quick and efficient manner. A link to the Investor Center has been included at the end of this presentation. Second, with the second quarter account statements already sent to shareholders in July, going forward, we will only mail out account statements once a year in early April after the latest net asset value per share has been announced, unless there are any special events that require a separate statement. In recent years, the quarterly account statements often do not provide much new information as the net asset value is only updated once a year. However, the production and mailing of such statements have created significant administrative expenses for the company without much incremental benefit for our shareholders. As we continue to carefully manage our expenses and balance sheet, we believe this administrative change is in the best interest of the company and our shareholders. We are confident that through our dedicated online Investor Center and the call center support of Computershare, we can address shareholders' needs without producing and mailing redundant and costly paper statements. Thank you to all of our investors for joining us today. Please keep an eye on our website for further updates as available.