Form 10-Q · Quarterly report
Camden Property Trust 10-Q, filed Jul 31, 2026
- Filed
- CIK
- 0000906345
- Accession no.
- 0001628280-26-051327
Summary
Camden Property Trust reported second-quarter 2026 net income attributable to common shareholders of $18.8 million, down from $80.7 million a year earlier, and disclosed a $53.0 million settlement of the RealPage revenue-management class action. The multifamily REIT also completed a leadership transition naming Alexander J. Jessett chief executive, with Richard J. Campo becoming executive chairman, and sold 11 California properties in July 2026 for about $1.6 billion.
Key points
- Camden Property Trust owned, operated or was developing 179 multifamily properties totaling 60,838 apartment homes as of June 30, 2026, with three properties under construction.
- Net income attributable to common shareholders fell to $18.8 million in the second quarter of 2026 from $80.7 million a year earlier, and to $61.2 million for the first half from $119.5 million.
- Camden agreed to pay $53.0 million to settle the RealPage revenue-management software class action, with the second $26.5 million installment due in the third quarter of 2026.
- Camden acquired five operating properties for about $449.3 million in the first half of 2026 and two more in July for about $196.1 million.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. Management's Discussion Executive Summary Camden Property Trust and all consolidated subsidiaries are primarily engaged in the ownership, management, development, reposition, redevelopment, acquisition, and construction of multifamily apartment communities. We focus on investing in markets characterized by high-growth economic conditions, strong employment, and attractive quality of life which we believe leads to higher demand for our apartments and retention of our residents. As of June 30, 2026, we owned interests in, operated, or were developing 179 multifamily properties comprised of 60,838 apartment homes across the United States. …
An excerpt of the text as filed with the SEC, cut for length.
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