Richard Campo, chairman and CEO of Houston-based Camden Property Trust (NYSE: CPT), is no stranger to national disasters. As the head of one of the largest multifamily companies in the country, he’s seen disruptions caused by everything from hurricanes to ice storms. But he’s never seen anything like the ongoing COVID-19 coronavirus outbreak.

Camden Property Trust (NYSE:CPT) last week reported its latest quarterly results, which makes it a good time for...

A new tracker studying on-time rent payments showed a noticeable dip in the number of Charlotte households that paid their rent on time, underscoring the struggles felt nationally as unemployment claims soar and the economy drops amid the COVID-19 pandemic.

Camden Property Trust (NYSE:CPT) (the "Company") announced today it has implemented a range of policies to protect and support its residents and employees during the COVID-19 pandemic. Camden’s top priority remains the health and safety of its residents and team members during this unprecedented time.

Camden Property Trust (NYSE:CPT) (the "Company") announced today that its first quarter 2020 earnings will be released after the market closes on Thursday, May 7, 2020. Management will host a conference call on the following day, Friday, May 8, 2020 at 10:00 AM Central Time.

Camden Property Trust (NYSE:CPT) (the "Company") today announced due to the emerging public health impact of the coronavirus outbreak (COVID-19) and to support the health and well-being of its shareholders, the time and location of the Annual Meeting of shareholders has been changed. As previously announced, the Annual Meeting will be held on Wednesday, May 13, 2020 but will be held at 10:00 a.m. CDT. In light of public health concerns regarding the coronavirus outbreak, the Annual Meeting will be held in a virtual meeting format only. Shareholders will not be able to attend the Annual Meeting physically.

Camden (CPT) delivered FFO and revenue surprises of 3.05% and 0.21%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Ric Campo became the CEO of Camden Property Trust (NYSE:CPT) in 1993. This report will, first, examine the CEO...

CPT earnings call for the period ending March 31, 2020.

Lennar, PulteGroup, M/I Homes, and Toll Brothers look like buys, says a researcher who foresaw the housing crash that fueled the financial crisis. Why she has Sells on three real estate investment trusts.

Camden Property (CPT) withdraws 2020 guidance, and updates on operating and financial position amid coronavirus crisis.

Camden Property Trust (NYSE:CPT) (the "Company") announced today operating results for the three months ended March 31, 2020. Net Income Attributable to Common Shareholders ("EPS"), Funds from Operations ("FFO"), and Adjusted Funds from Operations ("AFFO") for the three months ended March 31, 2020 are detailed below. A reconciliation of EPS to FFO is included in the financial tables accompanying this press release.

Out-of-work residents living in one of Houston-based Camden Property Trust’s multifamily communities will soon have access to a new source of funds to help pay their bills.

Camden Property Trust (NYSE:CPT) (the "Company") announced today it has established a $5 million Resident Relief Fund for Camden residents experiencing financial losses caused by the COVID-19 pandemic. "While the full impact of COVID-19 on our country is still unknown, we want to assist residents experiencing hardship as a result of the COVID-19 pandemic and social distancing mandates," said Richard J. Campo, Camden’s Chairman and Chief Executive Officer.

Camden Property Trust (NYSE:CPT) today announced it has priced a $750 million offering of senior unsecured notes under its existing shelf registration. These 10-year notes were issued at 99.929% of par value with a coupon of 2.800%. Interest on the notes is payable semi-annually on May 15 and November 15, with the first payment becoming due and payable on November 15, 2020, and the notes will mature on May 15, 2030. Camden expects to use the net proceeds of approximately $743.1 million to repay the outstanding balance on its unsecured line of credit and for general corporate purposes, which may include property acquisitions and development in the ordinary course of business, capital expenditures and working capital. Settlement is scheduled for April 20, 2020, subject to customary closing conditions.

Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Camden Property Trust and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]

Q1 2020 Camden Property Trust Earnings Call

Camden Property Trust (NYSE:CPT) ("the Company") today provided a COVID-19 business update. "Despite the current challenging circumstances, Camden continues its mission of providing a great place to live for our residents and a great place to work for our team members," said Richard J. Campo, Camden’s Chairman and Chief Executive Officer. "Camden entered this time of uncertainty with an experienced management team, a sound business plan, and a strong balance sheet with solid credit metrics."

It took just 16 minutes for residents to exhaust a $5 million relief fund set up by a Houston-based apartment company to help those who lost income as a result of the coronavirus pandemic.