Real Estate Management in PHPBB Top List Directory

Home » Business » Real Estate and Property » Real Estate Management » Camden Property Trust


Camden Property Trust in PHPBB Business Shopping Directory

 

Camden Property Trust (NYSE:CPT) is one of the largest multifamily companies in the nation. WE own, develop and manage high-quality apartment homes across the lower half of the United States. We also provide expertise in the acquisition, disposition and redevelopment of apartment communities; and in the consulting, building and construction services for commercial and multifamily developers and builders. Camden was founded in 1982 by two individuals who believed that by creating a Company based on a set of core values they could create long-term value for their customers. Originally focused on high-rise condominiums, we purchased our first apartment community in 1987 in Houston, Texas. In 1993, the founding partners, Ric Campo and Keith Oden, took the Company public and proceeded to expand the organization through three strategic mergers and the development of more than $1.3 billion in Camden flagship communities. Since Camden's initial public offering in 1993, we have grown from 310 employees and 6,000 apartments in Texas to the nearly 2,000 employees and almost 70,000 apartments nationwide that it has today. The Company's FFO per share has grown from $1.86 in 1993 to $3.47 in 2005; the dividend from $1.60 to $2.64 in 2006; and the stock price has more than tripled from $22.00 in 1993 to an all-time high of $78.34 on September 13, 2006. We believe that the reasons for our success can be attributed to our commitment from the very beginning to hire and retain the best people - people who share our values and our desire to be the best - and by focusing on six key strategies; strategies that have stood the test of time. These strategies guided our decisions at our IPO in July 1993, and they keep us grounded as we maneuver through the dynamic real estate environment of today. Most importantly, they will continue to direct our future decisions, helping us make the right moves each day - moves that enhance our residents' living experience, our employees' work experience and our shareholders' value. Camden Property Trust owns interest in and operates 185 communities, consisting of 63,449 apartment homes, geographically dispersed throughout the Mid-Atlantic, Sunbelt and Midwestern markets from Washington, D.C. to Los Angeles. Through the ownership of land parcels and development rights in promising markets, we are uniquely prepared for future growth. Our development pipeline is substantial, with over $1.4 billion in current and future projects. Upon completion of thirteen communities under development, our portfolio will increase to 67,911 apartment homes and 198 communities.

 

Address: 3 Greenway Plaza, Suite 1300, Houston, Texas 77046.
Telephone: (713) 354-2500
Website: http://www.camdenliving.com/

 

Sponsored Listings