An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
HOUSTON--(BUSINESS WIRE)--
Camden Property Trust (NYSE: CPT) (the “Company”) announced today that it will participate in Nareit’s REITweek 2023 Investor Conference which is being held June 6-8, 2023.
The Company also provided operating statistics for second quarter 2023 as detailed below.
Same Property Occupancy
1Q23
April 2023
May 2023
Occupancy
95.3%
95.4%
95.5%
Same Property New Lease and Renewal Data – Date Signed(1)
1Q23
April 2023
May 2023
New Lease Rates
1.8%
2.7%
3.6%
Renewal Rates
6.7%
6.0%
6.0%
Blended Rates
4.0%
4.2%
4.8%
Same Property New Lease and Renewal Data – Date Effective(2)
1Q23
April 2023
May 2023
New Lease Rates
1.7%
1.6%
3.4%
Renewal Rates
7.6%
7.1%
6.4%
Blended Rates
4.5%
3.9%
4.9%
(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’s complete investor presentation is available in the Investors section of the Company’s website at camdenliving.com.
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 58,702 apartment homes across the United States. Upon completion of 6 properties currently under development, the Company’s portfolio will increase to 60,652 apartment homes in 178 properties. Camden has been recognized as one of the 100 Best Companies to Work For® by FORTUNE magazine for 16 consecutive years, most recently ranking #33.
For additional information, please contact Camden’s Investor Relations Department at (713) 354-2787 or access our website at camdenliving.com.
our culture, our way of life, the camden way camden is recognized by fortune® magazine as one of the "100 best companies to work for" in the country! we are the only multifamily company to ever be included on fortune's famous list . continuously motivated by our core values, camden’s dynamic culture is at the heart of our success, and at the heart of our culture are our people. within camden our highest priority is the successful growth of every camden associate, as that is the foundation for building focused, effective teams and creating an exciting and impactful work environment. we offer exceptional benefits geared toward each employee’s professional development, which includes training programs, mentoring, networking, committee opportunities, community service and team events. our engagement with our employees in addition to our shared values (including our commitment to fun!) directly affects our success, making camden an industry leader and one of the nation’s best employers .
