Camden Property Trust

Camden Property Trust Announces Participation in Citi’s 2024 Global Property CEO Conference and Provides First Quarter 2024 Operating Update

Retrieved on: 
Friday, March 1, 2024

Average change in same property new lease and renewal rates vs. expiring lease rates when effective.

Key Points: 
  • Average change in same property new lease and renewal rates vs. expiring lease rates when effective.
  • In addition to historical information, this press release contains forward-looking statements under the federal securities law.
  • Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties which are difficult to predict.
  • Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities.

NMHC Names James H. Schloemer as 2024-2026 Chair

Retrieved on: 
Thursday, February 1, 2024

The National Multifamily Housing Council (NMHC) elected James H. Schloemer, Chief Executive Officer of Continental Properties Company, to serve a two-year term as the Council’s chair at its 2024 Annual Meeting.

Key Points: 
  • The National Multifamily Housing Council (NMHC) elected James H. Schloemer, Chief Executive Officer of Continental Properties Company, to serve a two-year term as the Council’s chair at its 2024 Annual Meeting.
  • I’m looking forward to working with my fellow officers, NMHC staff, and, most importantly, our members to work with lawmakers on solutions that will lower housing costs and broaden housing equity.”
    “I couldn’t be more excited for Jim Schloemer to become NMHC Chair and to welcome Antonio as an NMHC officer,” said NMHC President Sharon Wilson Géno.
  • NMHC provides a forum for insight, advocacy and action that enables both members and the communities they help build to thrive.
  • For more information, contact NMHC at 202/974-2300, e-mail the Council at [email protected] , or visit NMHC's website at nmhc.org .

FIFTH WALL CLOSES OUT STRONG 2023; PROMOTING 10 OF ITS TEAM MEMBERS AND ADDING 14 NEW COMPANIES TO ITS PORTFOLIO

Retrieved on: 
Tuesday, January 30, 2024

NEW YORK, Jan. 30, 2024 /PRNewswire/ -- Fifth Wall—the largest asset manager focused on improving, future-proofing, and decarbonizing the built world—announced that at the end of 2023, the Firm closed an additional $340M into its climate strategy on top of the $500M raised into its inaugural Climate Fund. Additionally, the Firm promoted 10 of its team members and added 14 new portfolio companies. Fifth Wall now has more than 110 strategic Limited Partners across 20 countries—approximately 300 investors worldwide—and in excess of 145 portfolio companies, maintaining its stance as the largest fund to invest globally in Built World Technology, including Property Technology (PropTech) and Climate Technology (Climate Tech).

Key Points: 
  • Additionally, the Firm promoted 10 of its team members and added 14 new portfolio companies.
  • "Fifth Wall helped define PropTech as an investment category and continues to meaningfully drive the sector's growth.
  • Fifth Wall now holds more than 110 PropTech portfolio companies, including Industrious , VERO , VTS , Neighbor , Bilt Rewards , Tailorbird , and WiredScore , amongst others.
  • Fifth Wall is proud to congratulate the following team member on their key 2024 promotions →

Camden Property Trust Announces Tax Characteristics of 2023 Distributions

Retrieved on: 
Monday, January 22, 2024

The tax treatment of these dividends by state and local authorities may vary from the federal treatment.

Key Points: 
  • The tax treatment of these dividends by state and local authorities may vary from the federal treatment.
  • Because federal and state tax laws affect taxpayers differently, the Company cannot advise shareholders how dividends should be reported on their tax returns.
  • The Company encourages shareholders to consult their own tax advisors for the income tax consequences of the dividend payments outlined above.
  • Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities.

Camden Property Trust Announces Fourth Quarter 2023 Earnings Release and Conference Call Dates

Retrieved on: 
Thursday, January 18, 2024

Camden Property Trust (NYSE:CPT) (the “Company”) announced today that its fourth quarter 2023 earnings will be released after the market closes on Thursday, February 1, 2024.

Key Points: 
  • Camden Property Trust (NYSE:CPT) (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.
  • The complete earnings release and supplemental data will be available in the Investors section of the website.
  • Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities.

Camden Property Trust Prices $400 Million 4.900% Senior Unsecured Notes Due 2034

Retrieved on: 
Wednesday, January 3, 2024

Camden Property Trust (NYSE:CPT) today announced it has priced a $400 million offering of senior unsecured notes under its existing shelf registration.

Key Points: 
  • Camden Property Trust (NYSE:CPT) today announced it has priced a $400 million offering of senior unsecured notes under its existing shelf registration.
  • 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.
  • Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities.

Camden Property Trust Announces Fourth Quarter 2023 Dividend

Retrieved on: 
Friday, December 1, 2023

The Board of Trust Managers of Camden Property Trust (NYSE:CPT) (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.

Key Points: 
  • The Board of Trust Managers of Camden Property Trust (NYSE:CPT) (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.
  • Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities.
  • Camden owns and operates 172 properties containing 58,961 apartment homes across the United States.

Camden Property Trust Closes $500 Million 5.850% Senior Unsecured Note Offering

Retrieved on: 
Friday, November 3, 2023

Camden Property Trust (NYSE:CPT) today announced it has closed the offering of $500 million senior unsecured notes due 2026.

Key Points: 
  • Camden Property Trust (NYSE:CPT) today announced it has closed the offering of $500 million senior unsecured notes due 2026.
  • 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.
  • Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities.

Camden Property Trust Prices $500 Million 5.850% Senior Unsecured Notes Due 2026

Retrieved on: 
Tuesday, October 31, 2023

Camden Property Trust (NYSE:CPT) today announced it has priced a $500 million offering of senior unsecured notes under its existing shelf registration.

Key Points: 
  • Camden Property Trust (NYSE:CPT) 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 Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities.

Camden Property Trust Announces Third Quarter 2023 Earnings Release and Conference Call Dates

Retrieved on: 
Wednesday, October 4, 2023

Camden Property Trust (NYSE:CPT) (the “Company”) announced today that its third quarter 2023 earnings will be released after the market closes on Thursday, October 26, 2023.

Key Points: 
  • Camden Property Trust (NYSE:CPT) (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.
  • The complete earnings release and supplemental data will be available in the Investors section of the website.
  • Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities.