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Camden Property Trust
Camden Property Trust

Real estate / REIT Apartments

At a Glance | Core Facts | Company Due Diligence: | Industry Due Diligence: | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | Web
Overview
Camden Property Trust is a real estate investment trust (REIT) that specializes in the management, ownership, development, and acquisition of multifamily apartment communities. The company was founded in 1982 and is headquartered in Houston, Texas.
As of 2021, Camden Property Trust owns and operates over 165 apartment communities with over 56,000 apartment homes across the United States. These properties are primarily located in the Sun Belt region, including Texas, Florida, Arizona, and California.
The company's mission is to provide high-quality, comfortable, and affordable living spaces for its residents while delivering sustainable long-term value for its shareholders. Camden Property Trust prides itself on a strong commitment to sustainability and has received recognition for its green initiatives, including ranking as one of the top green real estate companies by the Global Real Estate Sustainability Benchmark.
In addition to its focus on sustainability, Camden Property Trust also prioritizes community involvement and philanthropy. The company has a dedicated employee volunteer program and partners with various organizations to support affordable housing, education, and other community initiatives.
Camden Property Trust is listed on the New York Stock Exchange under the ticker symbol CPT. The company has consistently ranked as one of the top REITs in the Multifamily category by industry publications such as National Real Estate Investor and Multifamily Executive.
What is special about the company?
1. Focus on sustainability and green initiatives: Camden Property Trust is committed to environmental responsibility and has implemented various green initiatives in their properties, such as energy-efficient lighting and recycling programs.
2. Strong company culture: The company has a strong focus on creating a positive work environment for its employees, with a culture of teamwork, respect, and transparency.
3. High-quality properties: Camden Property Trust owns and operates luxury apartment communities in prime locations, offering a high standard of living for its residents.
4. Financial stability and performance: The company has a track record of strong financial performance, with steady revenue growth and a solid balance sheet.
5. Customer-centric approach: Camden Property Trust prioritizes customer satisfaction and has a dedicated customer service team to address any concerns or issues.
6. Commitment to corporate social responsibility: The company is involved in various philanthropic and community outreach programs, demonstrating its commitment to giving back to the communities in which it operates.
7. Innovative technology: Camden Property Trust utilizes cutting-edge technology in its properties, such as smart home features and online services for residents.
8. Industry recognition: The company has received numerous awards and recognition for its excellence in property management and sustainability efforts.
9. Experienced leadership: Camden Property Trust has a highly experienced and knowledgeable leadership team with a proven track record in the real estate industry.
10. Strong growth potential: With a focus on strategic acquisitions and development, Camden Property Trust has a strong potential for continued growth and long-term success.
What the company's business model?
Camden Property Trust is a real estate investment trust (REIT) that owns and operates multifamily apartment communities in the United States. Their business model revolves around acquiring, developing, and managing high-quality apartment communities in fast-growing and dynamic markets. The company's focus is on providing residents with high-quality living spaces, exceptional customer service, and sustainable practices.
Their revenue is primarily generated through rental income from their apartment communities, while their expenses include property management, maintenance, and general administrative costs. Camden also aims to maintain a strong financial position and grow their portfolio through strategic acquisitions and development projects. They also offer various amenities and services to attract and retain residents, such as fitness centers, swimming pools, social events, and 24-hour maintenance services.
In addition, Camden values sustainable practices and incorporates them into their properties to reduce operating costs and promote environmental responsibility. This includes energy-efficient appliances, water-saving fixtures, and recycling programs. Overall, Camden's business model is centered around providing high-quality living spaces and experiences for their residents while maintaining the financial stability and growth of their company.
Interesting facts about the company
1. Camden Property Trust was founded in 1982 by Richard J. Campo and D. Keith Oden with the purchase of a single apartment complex in Houston, Texas.
2. The name Camden was chosen for the company because it was the street where the first property was located.
3. As of 2021, Camden Property Trust has over 56,000 apartment units across the United States.
4. The company is headquartered in Houston, Texas and has regional offices in Atlanta, Dallas, and Tampa.
5. Camden Property Trust is the largest publicly traded multifamily REIT (Real Estate Investment Trust) in the United States.
6. The company has a strong commitment to sustainability and has been recognized for its efforts in energy efficiency and sustainability.
7. In 2012, Camden Property Trust was named one of the 100 Best Companies to Work For by Fortune Magazine.
8. In addition to its multifamily residential properties, Camden Property Trust also owns and manages commercial real estate including office and retail spaces.
9. Camden Property Trust is actively involved in community outreach and charitable giving through its Camden Cares program.
10. As of 2021, the company has been recognized as one of the Most Ethical Companies by the Ethisphere Institute for 13 consecutive years.
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