Articles from Camden Property Trust
Camden Property Trust Announces Tax Characteristics of 2024 Distributions
Camden Property Trust (NYSECPT) announced today the income tax characteristics of its 2024 distributions paid to shareholders as they will be reported on Form 1099-DIV. The Company is releasing information at this time to aid banks, brokerage firms, and institutional investors that are required to issue Forms 1099 to their account holders. The final classifications of the distributions for 2024 are as follows:
By Camden Property Trust · Via Business Wire · January 21, 2025
Camden Property Trust Announces Fourth Quarter 2024 Earnings Release and Conference Call Dates
Camden Property Trust (NYSECPT) (the “Company”) announced today that its fourth quarter 2024 earnings will be released after the market closes on Thursday, February 6, 2025. Management will host a conference call on the following day, Friday, February 7, 2025, at 10:00 AM Central Time.
By Camden Property Trust · Via Business Wire · January 13, 2025
Camden Property Trust Provides Update on Los Angeles Wildfires
Camden Property Trust (NYSECPT) (the “Company”) announced today that its apartment communities located in the Los Angeles area have not sustained damage from the recent wildfires and the Company stands ready to assist those affected in need of housing.
By Camden Property Trust · Via Business Wire · January 10, 2025
Camden Property Trust Issues Response to Department of Justice Lawsuit
Camden Property Trust (NYSECPT) disagrees with the allegations made in the amended complaint against RealPage, which added Camden and others as defendants. Camden will vigorously defend itself against these claims and intends to move for dismissal.
By Camden Property Trust · Via Business Wire · January 7, 2025
Camden Property Trust Announces Fourth Quarter 2024 Dividend
The Board of Trust Managers of Camden Property Trust (NYSECPT) (the “Company”) declared a fourth quarter cash dividend of $1.03 per share to holders of record as of December 18, 2024 of its Common Shares of Beneficial Interest. The dividend is to be paid on January 17, 2025.
By Camden Property Trust · Via Business Wire · December 4, 2024
Camden Property Trust Announces Third Quarter 2024 Operating Results
Camden Property Trust (NYSECPT) (the "Company") announced today operating results for the three and nine months ended September 30, 2024. Net Income Attributable to Common Shareholders (“EPS”), Funds from Operations (“FFO”), Core Funds from Operations ("Core FFO"), and Core Adjusted Funds from Operations (“Core AFFO”) for the three and nine months ended September 30, 2024 are detailed below. A reconciliation of EPS to FFO, Core FFO, and Core AFFO is included in the financial tables accompanying this press release.
By Camden Property Trust · Via Business Wire · October 31, 2024
Camden Property Trust Provides Update on Hurricanes Helene and Milton
Camden Property Trust (NYSECPT) announced today that preliminary reports indicate only minor damage to the Company's apartment communities located in the southeastern United States from Hurricanes Helene and Milton. The Company will provide additional information or updates in the event of a material change in this situation.
By Camden Property Trust · Via Business Wire · October 11, 2024
Camden Property Trust Announces Third Quarter 2024 Earnings Release and Conference Call Dates
Camden Property Trust (NYSECPT) (the “Company”) announced today that its third quarter 2024 earnings will be released after the market closes on Thursday, October 31, 2024. Management will host a conference call on the following day, Friday, November 1, 2024, at 10:00 AM Central Time.
By Camden Property Trust · Via Business Wire · October 7, 2024
Camden Property Trust Announces Third Quarter 2024 Dividend
The Board of Trust Managers of Camden Property Trust (NYSECPT) (the “Company”) declared a third quarter cash dividend of $1.03 per share to holders of record as of September 30, 2024 of its Common Shares of Beneficial Interest. The dividend is to be paid on October 17, 2024.
By Camden Property Trust · Via Business Wire · September 16, 2024
Camden Property Trust Announces Participation in BofA Securities 2024 Global Real Estate Conference and Provides Third Quarter 2024 Operating Update
Camden Property Trust (NYSECPT) (the “Company”) announced today that the Company will participate in the BofA Securities 2024 Global Real Estate Conference to be held September 10 – 12, 2024. Camden’s presentation has been scheduled for Tuesday, September 10, 2024, at 12:45 PM Eastern Time. The event will be webcast live in a listen-only mode at camdenliving.com in the Investors section, and an audio archive will be available on the Company’s website shortly after the event concludes. A copy of Camden’s most recent investor presentation will also be available in the Investors section of the Company’s website.
By Camden Property Trust · Via Business Wire · September 5, 2024
Camden Property Trust Announces Second Quarter 2024 Operating Results
Camden Property Trust (NYSECPT) (the "Company") announced today operating results for the three and six months ended June 30, 2024. Net Income Attributable to Common Shareholders (“EPS”), Funds from Operations (“FFO”), Core Funds from Operations ("Core FFO"), and Core Adjusted Funds from Operations (“Core AFFO”) for the three and six months ended June 30, 2024 are detailed below. A reconciliation of EPS to FFO, Core FFO, and Core AFFO is included in the financial tables accompanying this press release.
By Camden Property Trust · Via Business Wire · August 1, 2024
Camden Property Trust Announces Second Quarter 2024 Earnings Release and Conference Call Dates
Camden Property Trust (NYSECPT) (the “Company”) announced today that its second quarter 2024 earnings will be released after the market closes on Thursday, August 1, 2024. Management will host a conference call on the following day, Friday, August 2, 2024, at 10:00 AM Central Time.
By Camden Property Trust · Via Business Wire · July 8, 2024
Camden Property Trust Announces Second Quarter 2024 Dividend
The Board of Trust Managers of Camden Property Trust (NYSECPT) (the “Company”) declared a second quarter cash dividend of $1.03 per share to holders of record as of June 28, 2024 of its Common Shares of Beneficial Interest. The dividend is to be paid on July 17, 2024.
By Camden Property Trust · Via Business Wire · June 14, 2024
Camden Property Trust Announces Participation in Nareit’s REITweek 2024 Investor Conference and Provides Second Quarter 2024 Operating Update
Camden Property Trust (NYSECPT) (the “Company”) announced today that it will participate in Nareit’s REITweek 2024 Investor Conference which is being held June 3-6, 2024.
By Camden Property Trust · Via Business Wire · May 31, 2024
Camden Property Trust Announces First Quarter 2024 Operating Results
Camden Property Trust (NYSECPT) (the "Company") announced today operating results for the three months ended March 31, 2024. Net Income Attributable to Common Shareholders (“EPS”), Funds from Operations (“FFO”), Core Funds from Operations ("Core FFO"), and Core Adjusted Funds from Operations (“Core AFFO”) for the three months ended March 31, 2024 are detailed below. A reconciliation of EPS to FFO, Core FFO, and Core AFFO is included in the financial tables accompanying this press release.
By Camden Property Trust · Via Business Wire · May 2, 2024
Camden Property Trust Announces Executive Changes
Camden Property Trust (NYSECPT) today announced its Board of Trust Managers has appointed D. Keith Oden from Executive Vice Chairman of the Board and President to Executive Vice Chairman of the Board, and Alex J. Jessett from Executive Vice President-Chief Financial Officer to President and Chief Financial Officer. Mr. Oden will retain his current role of providing strategic leadership and communicating and implementing the Company’s mission. Mr. Jessett will continue to report to Mr. Oden and will retain his current responsibilities for overseeing the Company’s financial, legal, real estate investment, and construction related functions, and will now also oversee the Company’s operational functions. Additionally, the Board of Trust Manager has appointed Ben Fraker from Vice President-Finance and Treasurer to Senior Vice President-Finance and Treasurer.
By Camden Property Trust · Via Business Wire · April 17, 2024
Camden Property Trust Named One of Fortune’s 100 Best Companies to Work For®
Camden Property Trust (NYSECPT) (the “Company”) announced today that it has been ranked 24th on Fortune’s 27th annual 100 Best Companies to Work For list. The full list and related stories will appear in the April/May issue of Fortune and can be accessed online now here.
By Camden Property Trust · Via Business Wire · April 4, 2024
Camden Property Trust Announces First Quarter 2024 Earnings Release and Conference Call Dates
Camden Property Trust (NYSECPT) (the “Company”) announced today that its first quarter 2024 earnings will be released after the market closes on Thursday, May 2, 2024. Management will host a conference call on the following day, Friday, May 3, 2024, at 10:00 AM Central Time.
By Camden Property Trust · Via Business Wire · April 4, 2024
Camden Property Trust Announces Participation in Citi’s 2024 Global Property CEO Conference and Provides First Quarter 2024 Operating Update
Camden Property Trust (NYSECPT) (the “Company”) announced today that the Company will participate in Citi’s 2024 Global Property CEO Conference. Camden’s roundtable discussion has been scheduled for Monday, March 4, 2024, at 10:15 AM Eastern Time. The event will be webcast live in a listen-only mode at camdenliving.com in the Investors section, and an audio archive will be available on the Company’s website shortly after the event concludes. A copy of Camden’s most recent investor presentation will also be available in the Investors section of the Company’s website.
By Camden Property Trust · Via Business Wire · March 1, 2024
Camden Property Trust Announces 2023 Operating Results, 2024 Financial Outlook, and First Quarter 2024 Dividend
Camden Property Trust (NYSECPT) (the "Company") announced today operating results for the three and twelve months ended December 31, 2023. Net Income Attributable to Common Shareholders (“EPS”), Funds from Operations (“FFO”), Core Funds from Operations ("Core FFO"), and Core Adjusted Funds from Operations (“Core AFFO”) for the three and twelve months ended December 31, 2023 are detailed below. A reconciliation of EPS to FFO, Core FFO, and Core AFFO is included in the financial tables accompanying this press release.
By Camden Property Trust · Via Business Wire · February 1, 2024
Camden Property Trust Announces Tax Characteristics of 2023 Distributions
Camden Property Trust (NYSECPT) announced today the income tax characteristics of its 2023 distributions paid to shareholders as they will be reported on Form 1099-DIV. The Company is releasing information at this time to aid banks, brokerage firms, and institutional investors that are required to issue Forms 1099 to their account holders. The final classifications of the distributions for 2023 are as follows:
By Camden Property Trust · Via Business Wire · January 22, 2024
Camden Property Trust Announces Fourth Quarter 2023 Earnings Release and Conference Call Dates
Camden Property Trust (NYSECPT) (the “Company”) announced today that its fourth quarter 2023 earnings will be released after the market closes on Thursday, February 1, 2024. Management will host a conference call on the following day, Friday, February 2, 2024, at 10:00 AM Central Time.
By Camden Property Trust · Via Business Wire · January 18, 2024
Camden Property Trust Prices $400 Million 4.900% Senior Unsecured Notes Due 2034
Camden Property Trust (NYSECPT) today announced it has priced a $400 million offering of senior unsecured notes under its existing shelf registration. These 10-year notes were issued at 99.638% of par value with a coupon of 4.900%. Interest on the notes is payable semi-annually on January 15 and July 15, with the first payment becoming due and payable on July 15, 2024, and the notes will mature on January 15, 2034. Camden expects to use the net proceeds of approximately $394.8 million to repay the outstanding balance on its $300 million unsecured term loan and for general corporate purposes, which may include property acquisitions and development in the ordinary course of business, capital expenditures and working capital. Settlement is scheduled for January 5, 2024, subject to customary closing conditions.
By Camden Property Trust · Via Business Wire · January 3, 2024
Camden Property Trust Announces Fourth Quarter 2023 Dividend
The Board of Trust Managers of Camden Property Trust (NYSECPT) (the “Company”) declared a fourth quarter cash dividend of $1.00 per share to holders of record as of December 15, 2023 of its Common Shares of Beneficial Interest. The dividend is to be paid on January 17, 2024.
By Camden Property Trust · Via Business Wire · December 1, 2023
Camden Property Trust Closes $500 Million 5.850% Senior Unsecured Note Offering
Camden Property Trust (NYSECPT) today announced it has closed the offering of $500 million senior unsecured notes due 2026. These three-year notes were issued at 99.997% of par value with a coupon of 5.850%. After giving effect to deducting the underwriting discounts and other expenses of the offering, the effective interest rate on the notes is 6.08% per annum. In connection with the offering of the notes, Camden initiated a forward interest rate swap agreement with an aggregate notional amount of $500 million. Under the interest rate swap agreement, the Company receives a fixed rate of 5.85% and pays a floating interest rate of daily compounded SOFR plus 1.12%.
By Camden Property Trust · Via Business Wire · November 3, 2023
Camden Property Trust Prices $500 Million 5.850% Senior Unsecured Notes Due 2026
Camden Property Trust (NYSECPT) today announced it has priced a $500 million offering of senior unsecured notes under its existing shelf registration. These three-year notes were issued at 99.997% of par value with a coupon of 5.850%. Interest on the notes is payable semi-annually on May 3 and November 3, with the first payment becoming due and payable on May 3, 2024, and the notes will mature on November 3, 2026. Camden expects to use the net proceeds of approximately $496.9 million to repay a portion of the outstanding balance on its unsecured revolving credit facility and for general corporate purposes, which may include property acquisitions and development in the ordinary course of business, capital expenditures and working capital. Settlement is scheduled for November 3, 2023, subject to customary closing conditions.
By Camden Property Trust · Via Business Wire · October 31, 2023
Camden Property Trust Announces Third Quarter 2023 Operating Results
Camden Property Trust (NYSECPT) (the "Company") announced today operating results for the three and nine months ended September 30, 2023. Net Income Attributable to Common Shareholders (“EPS”), Funds from Operations (“FFO”), Core Funds from Operations ("Core FFO"), and Core Adjusted Funds from Operations (“Core AFFO”) for the three and nine months ended September 30, 2023 are detailed below. A reconciliation of EPS to FFO, Core FFO, and Core AFFO is included in the financial tables accompanying this press release.
By Camden Property Trust · Via Business Wire · October 26, 2023
Camden Property Trust Announces Third Quarter 2023 Earnings Release and Conference Call Dates
Camden Property Trust (NYSECPT) (the “Company”) announced today that its third quarter 2023 earnings will be released after the market closes on Thursday, October 26, 2023. Management will host a conference call on the following day, Friday, October 27, 2023, at 10:00 AM Central Time.
By Camden Property Trust · Via Business Wire · October 4, 2023
Camden Property Trust Announces Third Quarter 2023 Dividend
The Board of Trust Managers of Camden Property Trust (NYSECPT) (the “Company”) declared a third quarter cash dividend of $1.00 per share to holders of record as of September 29, 2023 of its Common Shares of Beneficial Interest. The dividend is to be paid on October 17, 2023.
By Camden Property Trust · Via Business Wire · September 15, 2023
Camden Property Trust Announces Participation in BofA Securities 2023 Global Real Estate Conference and Provides Third Quarter 2023 Operating Update
Camden Property Trust (NYSECPT) (the “Company”) announced today that the Company will participate in the BofA Securities 2023 Global Real Estate Conference to be held September 12 – 13, 2023. Camden’s presentation has been scheduled for Tuesday, September 12, 2023, at 3:40 PM Eastern Time. The event will be webcast live in a listen-only mode at camdenliving.com in the Investors section, and an audio archive will be available on the Company’s website shortly after the event concludes. A copy of Camden’s most recent investor presentation will also be available in the Investors section of the Company’s website.
By Camden Property Trust · Via Business Wire · September 7, 2023
Camden Property Trust Announces Second Quarter 2023 Operating Results
Camden Property Trust (NYSECPT) (the "Company") announced today operating results for the three and six months ended June 30, 2023. Net Income Attributable to Common Shareholders (“EPS”), Funds from Operations (“FFO”), Core Funds from Operations ("Core FFO"), and Core Adjusted Funds from Operations (“Core AFFO”) for the three and six months ended June 30, 2023 are detailed below. A reconciliation of EPS to FFO, Core FFO, and Core AFFO is included in the financial tables accompanying this press release.
By Camden Property Trust · Via Business Wire · August 3, 2023
Camden Property Trust Announces Second Quarter 2023 Earnings Release and Conference Call Dates
Camden Property Trust (NYSECPT) (the “Company”) announced today that its second quarter 2023 earnings will be released after the market closes on Thursday, August 3, 2023. Management will host a conference call on the following day, Friday, August 4, 2023, at 10:00 AM Central Time.
By Camden Property Trust · Via Business Wire · July 6, 2023
Camden Property Trust Announces Second Quarter 2023 Dividend
The Board of Trust Managers of Camden Property Trust (NYSECPT) (the “Company”) declared a second quarter cash dividend of $1.00 per share to holders of record as of June 30, 2023 of its Common Shares of Beneficial Interest. The dividend is to be paid on July 17, 2023.
By Camden Property Trust · Via Business Wire · June 15, 2023
Camden Property Trust Announces Participation in Nareit’s REITweek 2023 Investor Conference and Provides Second Quarter 2023 Operating Update
Camden Property Trust (NYSECPT) (the “Company”) announced today that it will participate in Nareit’s REITweek 2023 Investor Conference which is being held June 6-8, 2023.
By Camden Property Trust · Via Business Wire · June 2, 2023
Camden Property Trust Retires $185.2 Million of Secured Variable Rate Debt
Camden Property Trust (NYSECPT) (the “Company”) announced today that it utilized its unsecured revolving credit facility to retire approximately $185.2 million of secured variable rate debt with a current weighted average interest rate of approximately 7.1%. The Company will recognize charges in conjunction with this early retirement of debt of approximately $2.5 million. As of May 31, 2023, 91.3% of the Company’s debt is now unsecured.
By Camden Property Trust · Via Business Wire · May 31, 2023
Camden Property Trust Announces First Quarter 2023 Operating Results
Camden Property Trust (NYSECPT) (the "Company") announced today operating results for the three months ended March 31, 2023. Net Income Attributable to Common Shareholders (“EPS”), Funds from Operations (“FFO”), Core Funds from Operations ("Core FFO"), and Core Adjusted Funds from Operations (“Core AFFO”) for the three months ended March 31, 2023 are detailed below. A reconciliation of EPS to FFO, Core FFO, and Core AFFO is included in the financial tables accompanying this press release.
By Camden Property Trust · Via Business Wire · April 27, 2023
Camden Property Trust Announces First Quarter 2023 Earnings Release and Conference Call Dates
Camden Property Trust (NYSECPT) (the “Company”) announced today that its first quarter 2023 earnings will be released after the market closes on Thursday, April 27, 2023. Management will host a conference call on the following day, Friday, April 28, 2023 at 10:00 AM Central Time.
By Camden Property Trust · Via Business Wire · April 5, 2023
Camden Property Trust Named One of Fortune’s 100 Best Companies to Work For®
Camden Property Trust (NYSECPT) (the “Company”) announced today that it has been ranked 33rd on Fortune’s 26th annual 100 Best Companies to Work For list. The full list and related stories will appear in the April/May issue of Fortune and can be accessed online now here.
By Camden Property Trust · Via Business Wire · April 4, 2023
Camden Property Trust Announces Participation in Citi’s 2023 Global Property CEO Conference and Provides First Quarter 2023 Operating Update
Camden Property Trust (NYSECPT) (the “Company”) announced today that the Company will participate in Citi’s 2023 Global Property CEO Conference. Camden’s roundtable discussion has been scheduled for Tuesday, March 7, 2023, at 2:20 PM Eastern Time. The event will be webcast live in a listen-only mode at camdenliving.com in the Investors section, and an audio archive will be available on the Company’s website shortly after the event concludes. A copy of Camden’s most recent investor presentation will also be available in the Investors section of the Company’s website.
By Camden Property Trust · Via Business Wire · March 3, 2023
Camden Property Trust Announces 2022 Operating Results, 2023 Financial Outlook, and First Quarter 2023 Dividend
Camden Property Trust (NYSECPT) (the "Company") announced today operating results for the three and twelve months ended December 31, 2022. Net Income Attributable to Common Shareholders (“EPS”), Funds from Operations (“FFO”), and Adjusted Funds from Operations (“AFFO”) for the three and twelve months ended December 31, 2022 are detailed below. A reconciliation of EPS to FFO is included in the financial tables accompanying this press release.
By Camden Property Trust · Via Business Wire · February 2, 2023
Camden Property Trust Announces Tax Characteristics of 2022 Distributions
Camden Property Trust (NYSECPT) (the “Company”) announced today the income tax characteristics of its 2022 distributions paid to shareholders as they will be reported on Form 1099-DIV. The Company is releasing information at this time to aid banks, brokerage firms, and institutional investors that are required to issue Forms 1099 to their account holders. The final classifications of the distributions for 2022 are as follows:
By Camden Property Trust · Via Business Wire · January 24, 2023
Camden Property Trust Announces Fourth Quarter 2022 Earnings Release and Conference Call Dates
Camden Property Trust (NYSECPT) (the “Company”) announced today that its fourth quarter 2022 earnings will be released after the market closes on Thursday, February 2, 2023. Management will host a conference call on the following day, Friday, February 3, 2023 at 10:00 AM Central Time.
By Camden Property Trust · Via Business Wire · January 6, 2023
Camden Property Trust Announces Fourth Quarter 2022 Dividend
The Board of Trust Managers of Camden Property Trust (NYSECPT) (the “Company”) declared a fourth quarter cash dividend of $0.94 per share to holders of record as of December 16, 2022 of its Common Shares of Beneficial Interest. The dividend is to be paid on January 17, 2023.
By Camden Property Trust · Via Business Wire · December 1, 2022
Camden Property Trust Announces Third Quarter 2022 Operating Results
Camden Property Trust (NYSECPT) (the "Company") announced today operating results for the three and nine months ended September 30, 2022. Net Income Attributable to Common Shareholders (“EPS”), Funds from Operations (“FFO”), and Adjusted Funds from Operations (“AFFO”) for the three and nine months ended September 30, 2022 are detailed below. A reconciliation of EPS to FFO is included in the financial tables accompanying this press release.
By Camden Property Trust · Via Business Wire · October 27, 2022
Camden Property Trust Provides Update on Projected Expenses Related to Hurricane Ian
Camden Property Trust (NYSECPT) announced today that it expects to incur approximately $1.0 million in expenses during the third quarter of 2022 as a result of Hurricane Ian. These projected expenses relate primarily to cleanup and repairs for water intrusion, roofing, and landscaping at the Company’s apartment communities located in Florida and North Carolina. Camden will provide an update to its full-year 2022 earnings guidance in conjunction with its 3Q22 earnings release scheduled for late October 2022.
By Camden Property Trust · Via Business Wire · October 10, 2022
Camden Property Trust Announces Third Quarter 2022 Earnings Release and Conference Call Dates
Camden Property Trust (NYSECPT) (the “Company”) announced today that its third quarter 2022 earnings will be released after the market closes on Thursday, October 27, 2022. Management will host a conference call on the following day, Friday, October 28, 2022 at 10:00 AM Central Time.
By Camden Property Trust · Via Business Wire · October 6, 2022
Camden Property Trust Provides Update on Hurricane Ian
Camden Property Trust (NYSECPT) (the “Company”) announced today that preliminary reports indicate only minor damage from Hurricane Ian to the Company's apartment communities located in Florida. The Company will provide additional information or updates in the event of a material change in this situation.
By Camden Property Trust · Via Business Wire · September 30, 2022
Camden Property Trust Announces Third Quarter 2022 Dividend
The Board of Trust Managers of Camden Property Trust (NYSECPT) (the “Company”) declared a third quarter cash dividend of $0.94 per share to holders of record as of September 30, 2022 of its Common Shares of Beneficial Interest. The dividend is to be paid on October 17, 2022.
By Camden Property Trust · Via Business Wire · September 15, 2022
Camden Property Trust Announces Participation in Bank of America Securities 2022 Global Real Estate Conference and Provides Third Quarter 2022 Operating Update
Camden Property Trust (NYSECPT) (the “Company”) announced today that the Company will participate in the Bank of America Securities 2022 Global Real Estate Conference to be held September 13 – 14, 2022. Camden’s presentation has been scheduled for Tuesday, September 13, 2022, at 2:55 PM Eastern Time. The event will be webcast live in a listen-only mode at camdenliving.com in the Investors section, and an audio archive will be available on the Company’s website shortly after the event concludes. A copy of Camden’s most recent investor presentation will also be available in the Investors section of the Company’s website.
By Camden Property Trust · Via Business Wire · September 7, 2022
Camden Property Trust Announces Second Quarter 2022 Operating Results
Camden Property Trust (NYSECPT) (the "Company") announced today operating results for the three and six months ended June 30, 2022. Net Income Attributable to Common Shareholders (“EPS”), Funds from Operations (“FFO”), and Adjusted Funds from Operations (“AFFO”) for the three and six months ended June 30, 2022 are detailed below. A reconciliation of EPS to FFO is included in the financial tables accompanying this press release.
By Camden Property Trust · Via Business Wire · July 28, 2022
Camden Property Trust Announces Second Quarter 2022 Earnings Release and Conference Call Dates
Camden Property Trust (NYSECPT) (the “Company”) announced today that its second quarter 2022 earnings will be released after the market closes on Thursday, July 28, 2022. Management will host a conference call on the following day, Friday, July 29, 2022 at 10:00 AM Central Time.
By Camden Property Trust · Via Business Wire · July 6, 2022
Camden Property Trust Announces Second Quarter 2022 Dividend
The Board of Trust Managers of Camden Property Trust (NYSECPT) (the “Company”) declared a second quarter cash dividend of $0.94 per share to holders of record as of June 30, 2022 of its Common Shares of Beneficial Interest. The dividend is to be paid on July 15, 2022.
By Camden Property Trust · Via Business Wire · June 15, 2022
Camden Property Trust Announces Participation in Nareit’s REITweek 2022 Investor Conference and Provides Second Quarter 2022 Operating Update
Camden Property Trust (NYSECPT) (the “Company”) announced today that it will participate in Nareit’s REITweek 2022 Investor Conference which is being held June 7-9, 2022.
By Camden Property Trust · Via Business Wire · June 6, 2022
Camden Property Trust Announces First Quarter 2022 Operating Results
Camden Property Trust (NYSECPT) (the "Company") announced today operating results for the three months ended March 31, 2022. Net Income Attributable to Common Shareholders (“EPS”), Funds from Operations (“FFO”), and Adjusted Funds from Operations (“AFFO”) for the three months ended March 31, 2022 are detailed below. A reconciliation of EPS to FFO is included in the financial tables accompanying this press release.
By Camden Property Trust · Via Business Wire · April 28, 2022
Camden Property Trust Named One of Fortune’s 100 Best Companies to Work For®
Camden Property Trust (NYSECPT) (the “Company”) announced today that it has been ranked 26th on Fortune’s 25th annual 100 Best Companies to Work For list. The full list and related stories will appear in the April/May issue of Fortune and can be accessed online now at https://fortune.com/best-companies/.
By Camden Property Trust · Via Business Wire · April 11, 2022
Camden Property Trust Announces Pricing of Common Shares
Camden Property Trust (NYSECPT) today announced it has priced a public offering of 2,900,000 common shares for gross proceeds of approximately $493 million. The offering is expected to close on April 12, 2022, subject to customary closing conditions. BofA Securities and Wells Fargo Securities, the joint book-running managers for the offering, have been granted a 30-day option to purchase up to an additional 435,000 common shares. The underwriters may offer the common shares from time to time for sale in one or more transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices. Camden intends to use the net proceeds to reduce borrowings under its $900 million unsecured line of credit incurred to fund the acquisition from Teacher Retirement System of Texas of its 68.7% interest in two of Camden’s investment funds and for general corporate purposes, which may include financing for acquisitions and funding for development activities.
By Camden Property Trust · Via Business Wire · April 7, 2022
Camden Property Trust Announces Public Offering of Common Shares
Camden Property Trust (NYSECPT) today announced it is offering 2,900,000 common shares in an underwritten public offering. Camden intends to use the net proceeds to reduce borrowings under its $900 million unsecured line of credit incurred to fund the acquisition from Teacher Retirement System of Texas of its 68.7% interest in two of Camden’s investment funds and for general corporate purposes, which may include financing for acquisitions and funding for development activities. All of the shares are being offered by Camden and will be issued under Camden’s currently effective shelf registration statement filed with the Securities and Exchange Commission.
By Camden Property Trust · Via Business Wire · April 7, 2022
Camden Property Trust Announces First Quarter 2022 Earnings Release and Conference Call Dates
Camden Property Trust (NYSECPT) (the “Company”) announced today that its first quarter 2022 earnings will be released after the market closes on Thursday, April 28, 2022. Management will host a conference call on the following day, Friday, April 29, 2022 at 10:00 AM Central Time.
By Camden Property Trust · Via Business Wire · April 5, 2022
Camden Property Trust Completes Acquisition of Fund Partnership Interests and Joins S&P 500
Camden Property Trust (NYSECPT) (the “Company”) announced today the acquisition of all outstanding partnership interests in its two discretionary investment funds from Teacher Retirement System of Texas (“TRS”) effective April 1, 2022. The assets involved in this transaction included 22 multifamily communities with 7,247 apartment homes with an average age of 12 years, primarily located in Sunbelt markets across Camden’s portfolio. The purchase price was based upon a gross asset valuation of the Funds of approximately $2.1 billion. Camden previously owned 31.3% of the Funds’ interests and acquired the remaining 68.7% interests through this transaction. Total consideration for the acquisition of TRS’ interests, after adjusting for the assumption of approximately $520 million of secured mortgage debt, was approximately $1.1 billion and was funded through cash on hand and borrowings under the Company’s $900 million unsecured line of credit.
By Camden Property Trust · Via Business Wire · April 4, 2022
Camden Property Trust Announces Acquisition of Fund Partnership Interests
Camden Property Trust (NYSECPT) (the “Company”) announced today the planned acquisition of all outstanding partnership interests in its two discretionary investment funds (the “Funds”) from Teacher Retirement System of Texas (“TRS”). The purchase price is based upon a gross asset valuation of the Funds of approximately $2.1 billion. Camden currently owns 31.3% of the Funds’ interests and will acquire the remaining 68.7% interests through this transaction. Total consideration for the acquisition of TRS’ interests, after adjusting for approximately $520 million of existing secured mortgage debt of the Funds (which will remain outstanding after closing), is approximately $1.1 billion and will be initially funded through cash on hand and borrowings under the Company’s $900 million unsecured line of credit. This transaction is anticipated to close early in the 2nd quarter of 2022.
By Camden Property Trust · Via Business Wire · March 18, 2022
Camden Property Trust Announces 2021 Operating Results, 2022 Financial Outlook, and First Quarter 2022 Dividend
Camden Property Trust (NYSECPT) (the "Company") announced today operating results for the three and twelve months ended December 31, 2021. Net Income Attributable to Common Shareholders (“EPS”), Funds from Operations (“FFO”), and Adjusted Funds from Operations (“AFFO”) for the three and twelve months ended December 31, 2021 are detailed below. A reconciliation of EPS to FFO is included in the financial tables accompanying this press release.
By Camden Property Trust · Via Business Wire · February 3, 2022
Camden Property Trust Appoints Javier E. Benito to Board of Trust Managers
Camden Property Trust (NYSECPT) (the “Company”) announced today the appointment of Javier E. Benito to the Company's Board of Trust Managers effective February 1, 2022. Mr. Benito will serve as an independent Trust Manager of the Company.
By Camden Property Trust · Via Business Wire · February 1, 2022
Camden Property Trust Announces Tax Characteristics of 2021 Distributions
Camden Property Trust (NYSECPT) announced today the income tax characteristics of its 2021 distributions paid to shareholders as they will be reported on Form 1099-DIV. The Company is releasing information at this time to aid banks, brokerage firms, and institutional investors that are required to issue Forms 1099 to their account holders. The final classifications of the distributions for 2021 are as follows:
By Camden Property Trust · Via Business Wire · January 19, 2022
Camden Property Trust Announces Fourth Quarter 2021 Earnings Release and Conference Call Dates
Camden Property Trust (NYSECPT) (the “Company”) announced today that its fourth quarter 2021 earnings will be released after the market closes on Thursday, February 3, 2022. Management will host a conference call on the following day, Friday, February 4, 2022 at 10:00 AM Central Time.
By Camden Property Trust · Via Business Wire · January 10, 2022
Camden Property Trust Announces Fourth Quarter 2021 Dividend
The Board of Trust Managers of Camden Property Trust (NYSECPT) (the “Company”) declared a fourth quarter cash dividend of $0.83 per share to holders of record as of December 16, 2021 of its Common Shares of Beneficial Interest. The dividend is to be paid on January 18, 2022.
By Camden Property Trust · Via Business Wire · December 1, 2021
Camden Property Trust Announces Third Quarter 2021 Operating Results
Camden Property Trust (NYSECPT) (the "Company") announced today operating results for the three and nine months ended September 30, 2021. Net Income Attributable to Common Shareholders (“EPS”), Funds from Operations (“FFO”), and Adjusted Funds from Operations (“AFFO”) for the three and nine months ended September 30, 2021 are detailed below. A reconciliation of EPS to FFO is included in the financial tables accompanying this press release.
By Camden Property Trust · Via Business Wire · October 28, 2021
Camden Property Trust Announces Third Quarter 2021 Earnings Release and Conference Call Dates
Camden Property Trust (NYSECPT) (the “Company”) announced today that its third quarter 2021 earnings will be released after the market closes on Thursday, October 28, 2021. Management will host a conference call on the following day, Friday, October 29, 2021 at 10:00 AM Central Time.
By Camden Property Trust · Via Business Wire · October 4, 2021
Camden Property Trust Announces Participation in the 2021 Bank of America Global Real Estate Conference
Camden Property Trust (NYSECPT) (the “Company”) announced today that the Company will participate in the Bank of America Global Real Estate Conference to be held virtually September 21 – 22, 2021. Camden’s presentation has been scheduled for Wednesday, September 22, 2021, at 10:30 AM Eastern Time. The event will be webcast live in a listen-only mode at camdenliving.com in the Investors section, and an audio archive will be available on the Company’s website shortly after the event concludes. A copy of Camden’s most recent investor presentation will also be available in the Investors section of the Company’s website.
By Camden Property Trust · Via Business Wire · September 20, 2021
Camden Property Trust Announces Third Quarter 2021 Dividend
The Board of Trust Managers of Camden Property Trust (NYSECPT) (the “Company”) declared a third quarter cash dividend of $0.83 per share to holders of record as of September 30, 2021 of its Common Shares of Beneficial Interest. The dividend is to be paid on October 18, 2021.
By Camden Property Trust · Via Business Wire · September 15, 2021
Camden Property Trust Announces Second Quarter 2021 Operating Results
Camden Property Trust (NYSECPT) (the "Company") announced today operating results for the three and six months ended June 30, 2021. Net Income Attributable to Common Shareholders (“EPS”), Funds from Operations (“FFO”), and Adjusted Funds from Operations (“AFFO”) for the three and six months ended June 30, 2021 are detailed below. A reconciliation of EPS to FFO is included in the financial tables accompanying this press release.
By Camden Property Trust · Via Business Wire · July 29, 2021
Camden Property Trust Announces Second Quarter 2021 Earnings Release and Conference Call Dates
Camden Property Trust (NYSECPT) (the “Company”) announced today that its second quarter 2021 earnings will be released after the market closes on Thursday, July 29, 2021. Management will host a conference call on the following day, Friday, July 30, 2021 at 10:00 AM Central Time.
By Camden Property Trust · Via Business Wire · July 6, 2021
Camden Property Trust Announces Second Quarter 2021 Dividend
The Board of Trust Managers of Camden Property Trust (NYSECPT) (the “Company”) declared a second quarter cash dividend of $0.83 per share to holders of record as of June 30, 2021 of its Common Shares of Beneficial Interest. The dividend is to be paid on July 16, 2021.
By Camden Property Trust · Via Business Wire · June 15, 2021
Camden Property Trust Announces Participation in Nareit’s REITweek 2021 Investor Conference and Provides Second Quarter 2021 Operating Update
Camden Property Trust (NYSECPT) (the “Company”) announced today that it will participate in Nareit’s REITweek 2021 Investor Conference which is being held virtually June 8-10, 2021. Camden’s roundtable discussion has been scheduled for Wednesday, June 9, 2021 at 11:45 AM Eastern Time. The event will be webcast live in a listen-only mode and can be accessed by registering for the event at Nareit REITweek 2021.
By Camden Property Trust · Via Business Wire · June 7, 2021
Camden Property Trust Announces Participation in the Janney Virtual Real Estate and Lodging Conference
Camden Property Trust (NYSECPT) (the “Company”) announced today that the Company will participate in the Janney Virtual Real Estate and Lodging Conference. Camden’s presentation has been scheduled for Tuesday, May 25, 2021 at 11:15 AM Central Time. The event will be webcast live in a listen-only mode at camdenliving.com in the Investors section, and an audio archive will be available on the Company’s website shortly after the event concludes.
By Camden Property Trust · Via Business Wire · May 24, 2021
Camden Property Trust Announces First Quarter 2021 Operating Results
Camden Property Trust (NYSECPT) (the "Company") announced today operating results for the three months ended March 31, 2021. Net Income Attributable to Common Shareholders (“EPS”), Funds from Operations (“FFO”), and Adjusted Funds from Operations (“AFFO”) for the three months ended March 31, 2021 are detailed below. A reconciliation of EPS to FFO is included in the financial tables accompanying this press release.
By Camden Property Trust · Via Business Wire · April 29, 2021