Cooper Clark

this is Cooper Clark on for Jamie

Could you provide us with an update on the multifamily dispo pipeline today and how much product you may consider bringing to the market over the course of the year

I wanted to talk about the multifamily development and also ongoing recycling plan. Curious how much more peripheral multifamily you could potentially market for sale this year

Curious how Annapolis is funded and how that ties into the $0.01 accretion for 4Q

where some of your future development pipeline sits today in terms of expected yields versus where they would need to be to start construction

can you talk about which one of those options looks most attractive and where you're seeing the best opportunity

Could you provide any early thoughts and color about how we should be thinking about the pace of a recovery into '26 from an earnings perspective within the context of the $110 million guide implie...

Could you talk about the strong OpEx performance in 1Q and how much, if any, of the lower growth was timing related

could you walk through where yields are today if you were to start those projects?

how the opportunity set looks like today in terms of larger portfolio deals rather than one-off transactions

along with thoughts on your appetite for potentially larger deals in 2026?

Curious what types of private buyers you're finding yourself competing with on new deals?

I'm curious kind of what the expectation for new lease rate growth is in the current embedded guidance? And what gives you confidence in the updated range given continued volatility from the lease-...

Is it fair to say your incremental dollar will continue to be away from more of the mature Sunbelt markets and into your Midwest and small-format Sunbelt markets like your Charleston's or Savannah'...

it's fair to say that there's more upside to urban here over the next few years as supply normalizes

Could you talk about the cost side of development and how much is more or less locked in when you begin construction?

you could talk about the portfolio trends you have seen historically during periods of higher oil prices

Could you provide color on how we should think about the mix between ground-up development spend and redevelopment within the $325 million guide?

how should we be thinking about the potential on development and redevelopment starts into next year

Could you provide thoughts on further portfolio style deals from here and where you're seeing portfolio cap rates versus single asset transactions

could talk about the yields you see right now across development, wholly owned acquisitions and JV acquisitions

Does this represent a shift into more of an opportunistic approach and is the likely funding here just going to be through capital recycling