Camden Property Trust Announces Participation in BofA Securities 2024 Global Real Estate Conference and Provides Third Quarter 2024 Operating Update
The Company also provided operating statistics for third quarter 2024 as detailed below.
Same Property Occupancy |
1Q24 |
2Q24 |
3Q24* |
Occupancy |
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Same Property New Lease and Renewal Data – Date Signed(1) |
1Q24 |
2Q24 |
3Q24* |
New Lease Rates |
(4.1)% |
(1.8)% |
(2.4)% |
Renewal Rates |
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Blended Rates |
(0.9)% |
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Same Property New Lease and Renewal Date – Date Effective(2) |
1Q24 |
2Q24 |
3Q24* |
New Lease Rates |
(4.4)% |
(2.6)% |
(1.9)% |
Renewal Rates |
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Blended Rates |
(1.1)% |
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(1) Average change in same property new lease and renewal rates vs. expiring lease rates when signed. |
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(2) Average change in same property new lease and renewal rates vs. expiring lease rates when effective. |
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* 3Q24 data through 8/31/24. |
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 172 properties containing 58,250 apartment homes across
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/20240905064117/en/
Kim Callahan, 713-354-2549
Source: Camden Property Trust