U.S. markets open in 5 hours 56 minutes
  • S&P Futures

    3,713.50
    +4.50 (+0.12%)
     
  • Dow Futures

    29,709.00
    +40.00 (+0.13%)
     
  • Nasdaq Futures

    11,403.75
    +27.00 (+0.24%)
     
  • Russell 2000 Futures

    1,689.30
    +3.20 (+0.19%)
     
  • Crude Oil

    78.34
    -0.40 (-0.51%)
     
  • Gold

    1,653.90
    -1.70 (-0.10%)
     
  • Silver

    18.72
    -0.19 (-1.03%)
     
  • EUR/USD

    0.9693
    +0.0005 (+0.05%)
     
  • 10-Yr Bond

    3.6970
    0.0000 (0.00%)
     
  • Vix

    31.66
    +4.31 (+15.76%)
     
  • GBP/USD

    1.0749
    -0.0108 (-1.00%)
     
  • USD/JPY

    143.7640
    +0.4440 (+0.31%)
     
  • BTC-USD

    18,853.54
    -243.38 (-1.27%)
     
  • CMC Crypto 200

    431.91
    -12.63 (-2.84%)
     
  • FTSE 100

    7,049.36
    +30.76 (+0.44%)
     
  • Nikkei 225

    26,431.55
    -722.28 (-2.66%)
     

Camden Property Trust Announces Participation in Bank of America Securities 2022 Global Real Estate Conference and Provides Third Quarter 2022 Operating Update

·2 min read

HOUSTON, September 07, 2022--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (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.

The Company also provided operating statistics for third quarter 2022 as detailed below.

Same Property Occupancy

2Q22

Jul 2022

Aug 2022

Occupancy

96.9%

96.7%

96.7%

Same Property New Lease and Renewal Data – Date Signed(1)

2Q22

Jul 2022

Aug 2022

New Lease Rates

16.2%

13.3%

12.2%

Renewal Rates

14.4%

12.6%

11.2%

Blended Rates

15.2%

12.9%

11.8%

Same Property New Lease and Renewal Date – Date Effective(2)

2Q22

July 2022

Aug 2022

New Lease Rates

15.2%

15.5%

14.9%

Renewal Rates

13.3%

14.5%

14.4%

Blended Rates

14.2%

15.0%

14.6%

(1) Average change in same property new lease and renewal rates vs. expiring lease rates when signed.

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

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 interests in and operates 171 properties containing 58,425 apartment homes across the United States. Upon completion of 5 properties currently under development, the Company’s portfolio will increase to 60,267 apartment homes in 176 properties. Camden has been recognized as one of the 100 Best Companies to Work For® by FORTUNE magazine for 15 consecutive years, most recently ranking #26.

For additional information, please contact Camden’s Investor Relations Department at (713) 354-2787 or access our website at camdenliving.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220907006206/en/

Contacts

Kim Callahan, 713-354-2549