Camden Property Trust filings document the reporting profile of a Texas real estate investment trust with common shares of beneficial interest traded under CPT. The company’s 8-K reports cover operating and financial results, including EPS, FFO, Core FFO and Core AFFO, along with material agreements tied to an at-the-market common share program, an unsecured credit facility, senior notes and other capital-structure actions.
Proxy and annual meeting filings cover the Board of Trust Managers, executive compensation, auditor ratification, share incentive plans, employee share purchase plans and shareholder voting results. These records also identify registered securities, exchange listings, governance amendments and disclosure matters associated with Camden’s multifamily apartment portfolio and development activity.
Camden Property Trust Chief Accounting Officer Michael P. Gallagher reported an open-market sale of 169 common shares at $108.43 per share. According to the footnote, the sale was made to pay a liability incurred when restricted shares vested. After this transaction, he directly owns 39,640 common shares, which includes 213 shares acquired through the company’s Employee Share Purchase Plan.
Camden Property Trust executive vice president and chief operating officer Laurie Baker reported open-market sales of a total of 2,168 common shares on February 18, 2026, at prices of about $108.40 and $108.47 per share. After these transactions, Baker directly owns 94,468 common shares.
Camden Property Trust is offering $600,000,000 aggregate principal amount of 4.900% Notes due February 28, 2036. Interest accrues from February 19, 2026 and is payable semi‑annually on February 28 and August 28, beginning August 28, 2026.
The Notes are direct, senior, unsecured obligations that rank equally with other unsecured indebtedness and are effectively subordinated to secured debt and subsidiary liabilities. Camden expects net proceeds of approximately $594.0 million, which it intends to use to repay a portion of its unsecured revolving credit facility and commercial paper program and for general corporate purposes. The Notes may be redeemed, in whole or in part, at Camden’s option at the redemption prices described in the prospectus supplement.
Camden Property Trust plans a new offering of senior unsecured notes. The notes will pay interest semi-annually, be issued in $2,000 minimum denominations, and rank equally with the company’s other unsecured, unsubordinated debt while being effectively subordinated to secured borrowings and subsidiary obligations.
Camden intends to use the net proceeds to repay portions of its $1.2 billion unsecured revolving credit facility and amounts outstanding under its $600 million commercial paper program, as well as for general corporate purposes such as property acquisitions, development, capital expenditures and working capital. The notes may be redeemed at Camden’s option before maturity and are not expected to be listed on any securities exchange, so liquidity will depend on any trading market that develops.
Camden Property Trust is a multifamily-focused REIT owning or developing 175 communities with 59,921 apartment homes across U.S. Sunbelt and coastal markets. As of December 31, 2025, 172 operating properties averaged 95% occupancy and an average monthly rent of $2,006.
For 2025, same store revenue grew about 0.8% and same store NOI rose 0.3%, supported by higher utility and ancillary income, better occupancy, and lower bad debt. Net income attributable to common shareholders increased to $384.5 million, largely driven by $260.9 million of gains on property sales and a smaller $12.9 million land impairment.
The company remains active in capital recycling and development, acquiring four operating properties for $422.9 million and selling five for $374.5 million. It has three projects under construction totaling 1,162 homes, with an estimated remaining cost of $213.8 million, plus a sizeable development pipeline and land bank.
Camden ended 2025 with approximately $3.9 billion of debt, strong investment grade ratings, and interest coverage of 6.6x. It added a $600 million commercial paper program, had roughly $1.2 billion available on its unsecured revolver, and left a $500 million at-the-market equity program unused.
Capital return is a priority: the Board declared a first-quarter 2026 dividend of $1.06 per share (annualized $4.24) and the company repurchased 2.53 million shares for $270.7 million in 2025, plus another 1.10 million shares in January 2026. A new $600 million repurchase authorization was approved in February 2026.
Camden Property Trust reported solid fourth quarter and full-year 2025 results with modest underlying growth and active capital allocation. Q4 diluted EPS rose to $1.44 from $0.37, including about $0.12 per share of land impairment charges and a sizable gain on property sales. Per share FFO increased to $1.73 from $1.68 and Core FFO to $1.76 from $1.73, while Core AFFO held flat at $1.46. Same-property NOI was essentially unchanged year over year, with revenue up 0.5%, expenses up 1.5%, and occupancy at 95.2%.
The company acquired a 322-home Orlando community for about $85.2 million and sold three communities totaling 979 homes for about $201.0 million, recognizing an approximately $128.0 million gain. Camden repurchased 2.1 million shares in the quarter for $220.6 million and 2.5 million shares year-to-date for $270.6 million, then bought an additional 1.1 million shares after quarter end and authorized a new $600.0 million repurchase program. Liquidity at December 31, 2025 was about $635.2 million, with $213.8 million remaining to fund its development pipeline.
For 2026, guidance calls for diluted EPS of $0.40–$0.70, FFO of $6.46–$6.76 per share, and Core FFO of $6.60–$6.90 per share, with same-property NOI growth guided between (2.50)% and 1.50% at the midpoint of (0.50)%. The Board declared a first quarter 2026 dividend of $1.06 per share.
BlackRock, Inc. filed an amended Schedule 13G reporting beneficial ownership of 9,872,008 shares of Camden Property Trust common stock, representing 9.3% of the outstanding class as of 12/31/2025. BlackRock reports sole voting power over 9,265,958 of these shares and sole dispositive power over all 9,872,008 shares, with no shared voting or dispositive authority.
The filing explains that the reported holdings are aggregated across certain BlackRock business units and exclude other units whose ownership is disaggregated under SEC guidance. BlackRock states that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Camden Property Trust.
Camden Property Trust director reports small share sale
A director of Camden Property Trust reported selling 101 common shares on 01/05/2026 at a price of $109.692 per share. After this transaction, the director beneficially owns 7,872 Camden Property Trust common shares in direct ownership.
The shares sold had been held for the director’s benefit in the issuer’s executive deferred compensation plan. According to the disclosure, distribution of these shares from the plan became irrevocable after 2024, and the sale was carried out under a further irrevocable election made by the director in December 2025 in accordance with Section 409A of the Internal Revenue Code.
Camden Property Trust's Executive Vice President and Chief Operating Officer reported several equity transactions. On 01/05/2026, the officer exercised an option to repurchase and acquired 1,162 common shares at $10.513 per share, then reported multiple open-market sales. These included sales of 147 shares at $109.692, 384 shares at $109.821 on 01/05/2026, and 150 shares at $110.206 on 01/06/2026.
After these transactions, the officer beneficially owned 96,636 common shares directly, which includes 209 shares acquired through the issuer's employee share purchase plan. The filing also notes outstanding options to repurchase common shares at an exercise price of $10.513, originally granted between 2004 and 2005 and vesting over multiple annual installments.