{"id":501507,"date":"2021-06-07T16:22:21","date_gmt":"2021-06-07T20:22:21","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/camden-property-trust-announces-participation-in-nareits-reitweek-2021-investor-conference-and-provides-second-quarter-2021-operating-update\/"},"modified":"2021-06-07T16:22:21","modified_gmt":"2021-06-07T20:22:21","slug":"camden-property-trust-announces-participation-in-nareits-reitweek-2021-investor-conference-and-provides-second-quarter-2021-operating-update","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/camden-property-trust-announces-participation-in-nareits-reitweek-2021-investor-conference-and-provides-second-quarter-2021-operating-update\/","title":{"rendered":"Camden Property Trust Announces Participation in Nareit\u2019s REITweek 2021 Investor Conference and Provides Second Quarter 2021 Operating Update"},"content":{"rendered":"

<\/p>\n

Camden Property Trust Announces Participation in Nareit\u2019s REITweek 2021 Investor Conference and Provides Second Quarter 2021 Operating Update<\/b><\/p>\n

HOUSTON–(BUSINESS WIRE<\/a>)–
\nCamden Property Trust (NYSE: CPT) (the \u201cCompany\u201d) announced today that it will participate in Nareit\u2019s REITweek 2021 Investor Conference which is being held virtually June 8-10, 2021. Camden\u2019s roundtable discussion has been scheduled for Wednesday, June 9, 2021 at 11:45 AM Eastern Time. The event will be webcast live in a listen-only mode and can be accessed by registering for the event at Nareit REITweek 2021<\/a>.\n<\/p>\n

\nThe Company also provided operating statistics for second quarter 2021 as detailed below.\n<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

Same Property Scheduled Rents<\/b><\/p>\n<\/td>\n

\n

1Q21<\/b><\/p>\n<\/td>\n

\n

April 2021<\/b><\/p>\n<\/td>\n

\n

May 2021<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\nCollected\n<\/p>\n<\/td>\n

\n

\n98.4%\n<\/p>\n<\/td>\n

\n

\n98.5%\n<\/p>\n<\/td>\n

\n

\n98.4%\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nDeferred\/Payment Plan Arranged\n<\/p>\n<\/td>\n

\n

\n—%\n<\/p>\n<\/td>\n

\n

\n—%\n<\/p>\n<\/td>\n

\n

\n—%\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nDelinquent\n<\/p>\n<\/td>\n

\n

\n1.6%\n<\/p>\n<\/td>\n

\n

\n1.5%\n<\/p>\n<\/td>\n

\n

\n1.6%\n<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n

Same Property Occupancy<\/b><\/p>\n<\/td>\n

\n

1Q21<\/b><\/p>\n<\/td>\n

\n

April 2021<\/b><\/p>\n<\/td>\n

\n

May 2021<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\nOccupancy\n<\/p>\n<\/td>\n

\n

\n96.0%\n<\/p>\n<\/td>\n

\n

\n96.6%\n<\/p>\n<\/td>\n

\n

\n97.0%\n<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n

Same Property New Lease and Renewal Data \u2013 Date Effective(1)(2)<\/sup><\/b><\/p>\n<\/td>\n

\n

1Q21(2)<\/sup><\/b><\/p>\n<\/td>\n

\n

April 2021<\/b><\/p>\n<\/td>\n

\n

May 2021<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\nNew Lease Rates\n<\/p>\n<\/td>\n

\n

\n(2.2)%\n<\/p>\n<\/td>\n

\n

\n1.8%\n<\/p>\n<\/td>\n

\n

\n4.8%\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nRenewal Rates\n<\/p>\n<\/td>\n

\n

\n2.9%\n<\/p>\n<\/td>\n

\n

\n3.1%\n<\/p>\n<\/td>\n

\n

\n3.7%\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nBlended Rates\n<\/p>\n<\/td>\n

\n

\n0.2%\n<\/p>\n<\/td>\n

\n

\n2.4%\n<\/p>\n<\/td>\n

\n

\n4.3%\n<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n

Same Property New Lease and Renewal Data \u2013 Date Signed(3)(4)<\/sup><\/b><\/p>\n<\/td>\n

\n

1Q21(4)<\/sup><\/b><\/p>\n<\/td>\n

\n

April 2021<\/b><\/p>\n<\/td>\n

\n

May 2021<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\nNew Lease Rates\n<\/p>\n<\/td>\n

\n

\n(0.8)%\n<\/p>\n<\/td>\n

\n

\n4.6%\n<\/p>\n<\/td>\n

\n

\n8.9%\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nRenewal Rates\n<\/p>\n<\/td>\n

\n

\n3.4%\n<\/p>\n<\/td>\n

\n

\n5.0%\n<\/p>\n<\/td>\n

\n

\n6.5%\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nBlended Rates\n<\/p>\n<\/td>\n

\n

\n1.2%\n<\/p>\n<\/td>\n

\n

\n4.8%\n<\/p>\n<\/td>\n

\n

\n7.7%\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n
\n

\n(1) Average change in same property new lease and renewal rates vs. expiring lease rates when effective.\n<\/p>\n<\/td>\n<\/tr>\n

\n

\n(2) Data represents average monthly leases effective during the period.\n<\/p>\n<\/td>\n<\/tr>\n

\n

\n(3) Average change in same property new lease and renewal rates vs. expiring lease rates when signed.\n<\/p>\n<\/td>\n<\/tr>\n

\n

\n(4) Data represents average monthly leases signed during the period.\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

\nIn addition, the Company acquired a recently constructed, 328-home apartment community in the Nashville, TN metro area for approximately $105 million in early June 2021.\n<\/p>\n

\nCamden\u2019s complete investor presentation is available in the Investors section of the Company\u2019s website at camdenliving.com<\/a>.\n<\/p>\n

\nCamden Property Trust, an S&P 400 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 168 properties containing 57,179 apartment homes across the United States. Upon completion of 8 properties currently under development, the Company\u2019s portfolio will increase to 59,787 apartment homes in 176 properties. Camden has been recognized as one of the 100 Best Companies to Work For\u00ae by FORTUNE magazine for 14 consecutive years, most recently ranking #8.\n<\/p>\n

\nFor additional information, please contact Camden\u2019s Investor Relations Department at (713) 354-2787 or access our website at camdenliving.com<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210607005712\/en\/<\/a><\/span><\/p>\n

\nKim Callahan, 713-354-2549\n<\/p>\n

KEYWORDS:<\/b> Texas United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Residential Building & Real Estate Construction & Property REIT<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
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<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Camden Property Trust Announces Participation in Nareit\u2019s REITweek 2021 Investor Conference and Provides Second Quarter 2021 Operating Update HOUSTON–(BUSINESS WIRE)– Camden Property Trust (NYSE: CPT) (the \u201cCompany\u201d) announced today that it will participate in Nareit\u2019s REITweek 2021 Investor Conference which is being held virtually June 8-10, 2021. Camden\u2019s roundtable discussion has been scheduled for Wednesday, June 9, 2021 at 11:45 AM Eastern Time. The event will be webcast live in a listen-only mode and can be accessed by registering for the event at Nareit REITweek 2021. The Company also provided operating statistics for second quarter 2021 as detailed below. Same Property Scheduled Rents 1Q21 April 2021 May 2021 Collected 98.4% 98.5% 98.4% Deferred\/Payment Plan Arranged —% —% —% Delinquent 1.6% … <\/p>\n

Continue reading “Camden Property Trust Announces Participation in Nareit\u2019s REITweek 2021 Investor Conference and Provides Second Quarter 2021 Operating Update”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-501507","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCamden Property Trust Announces Participation in Nareit\u2019s REITweek 2021 Investor Conference and Provides Second Quarter 2021 Operating Update - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/camden-property-trust-announces-participation-in-nareits-reitweek-2021-investor-conference-and-provides-second-quarter-2021-operating-update\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Camden Property Trust Announces Participation in Nareit\u2019s REITweek 2021 Investor Conference and Provides Second Quarter 2021 Operating Update - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Camden Property Trust Announces Participation in Nareit\u2019s REITweek 2021 Investor Conference and Provides Second Quarter 2021 Operating Update HOUSTON–(BUSINESS WIRE)– Camden Property Trust (NYSE: CPT) (the \u201cCompany\u201d) announced today that it will participate in Nareit\u2019s REITweek 2021 Investor Conference which is being held virtually June 8-10, 2021. Camden\u2019s roundtable discussion has been scheduled for Wednesday, June 9, 2021 at 11:45 AM Eastern Time. The event will be webcast live in a listen-only mode and can be accessed by registering for the event at Nareit REITweek 2021. The Company also provided operating statistics for second quarter 2021 as detailed below. 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Camden\u2019s roundtable discussion has been scheduled for Wednesday, June 9, 2021 at 11:45 AM Eastern Time. The event will be webcast live in a listen-only mode and can be accessed by registering for the event at Nareit REITweek 2021. The Company also provided operating statistics for second quarter 2021 as detailed below. Same Property Scheduled Rents 1Q21 April 2021 May 2021 Collected 98.4% 98.5% 98.4% Deferred\/Payment Plan Arranged —% —% —% Delinquent 1.6% … Continue reading \"Camden Property Trust Announces Participation in Nareit\u2019s REITweek 2021 Investor Conference and Provides Second Quarter 2021 Operating Update\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/camden-property-trust-announces-participation-in-nareits-reitweek-2021-investor-conference-and-provides-second-quarter-2021-operating-update\/","og_site_name":"Market Newsdesk","article_published_time":"2021-06-07T20:22:21+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210607005712r1&sid=flmnd&distro=nx&lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/camden-property-trust-announces-participation-in-nareits-reitweek-2021-investor-conference-and-provides-second-quarter-2021-operating-update\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/camden-property-trust-announces-participation-in-nareits-reitweek-2021-investor-conference-and-provides-second-quarter-2021-operating-update\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Camden Property Trust Announces Participation in Nareit\u2019s REITweek 2021 Investor Conference and Provides Second Quarter 2021 Operating Update","datePublished":"2021-06-07T20:22:21+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/camden-property-trust-announces-participation-in-nareits-reitweek-2021-investor-conference-and-provides-second-quarter-2021-operating-update\/"},"wordCount":402,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/camden-property-trust-announces-participation-in-nareits-reitweek-2021-investor-conference-and-provides-second-quarter-2021-operating-update\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210607005712r1&sid=flmnd&distro=nx&lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/camden-property-trust-announces-participation-in-nareits-reitweek-2021-investor-conference-and-provides-second-quarter-2021-operating-update\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/camden-property-trust-announces-participation-in-nareits-reitweek-2021-investor-conference-and-provides-second-quarter-2021-operating-update\/","name":"Camden Property Trust Announces Participation in Nareit\u2019s REITweek 2021 Investor Conference and Provides Second Quarter 2021 Operating Update - 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