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ouston, September 5, 2024 - (BUSINESS WIRE) - Camden Property Trust (NYSE:CPT), a renowned real estate company, has announced its participation in the BofA Securities 2024 Global Real Estate Conference scheduled for September 10-12, 2024. The company's presentation has been scheduled for Tuesday, September 10, 2024, at 12:45 PM Eastern Time. The event will be webcast live in a listen-only mode on 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.
In addition to this announcement, Camden Property Trust has provided operating statistics for third quarter 2024. The company's Same Property Occupancy for Q1, Q2, and Q3 of 2024 is 95.0%, 95.3%, and 95.6% respectively. The Same Property New Lease and Renewal Data – Date Signed (1) for Q1, Q2, and Q3 of 2024 are 4.1%, 1.8%, and 2.4% respectively for New Lease Rates, while Renewal Rates are 3.4%, 3.7%, and 3.7% respectively. The Blended Rates for Q1, Q2, and Q3 of 2024 are 0.9%, 0.8%, and 0.4% respectively. The Same Property New Lease and Renewal Date – Date Effective (2) for Q1, Q2, and Q3 of 2024 are 4.4%, 2.6%, and 1.9% respectively for New Lease Rates, while Renewal Rates are 3.8%, 3.3%, and 3.8% respectively. The Blended Rates for Q1, Q2, and Q3 of 2024 are 1.1%, 0.0%, and 1.0% respectively.
Camden Property Trust is an S&P 500 Company that primarily engages in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. The company owns interests in and operates 172 properties containing 58,250 apartment homes across the United States. Upon completion of 5 properties currently under development, the Company’s portfolio will increase to 59,996 apartment homes in 177 properties. Camden has been recognized as one of the 100 Best Companies to Work For® by FORTUNE magazine for 17 consecutive years, most recently ranking #24.
For more information, please contact Camden’s Investor Relations Department at (713) 354-2787 or visit our website at camdenliving.com.
View the source version on businesswire.com: https://www.businesswire.com/news/home/en/ContactsKim Callahan, 713-354-2549
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