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Camden Property Trust (CPT)

  • Dec. 4, 2013, 10:17 AM
    • A check of other multi-family REITs amid news of a $5B bid for BRE Properties (BRE +12.8%) by Essex (ESS -1.8%).
    • Equity Residential (EQR +2.2%), AvalonBay (AVB +2.5%), UDR (UDR +2.5%), Apartment Investment and Management (AIV +4%), Camden (CPT +3.2%), Home Properties (HME +3.3%), Mid-America (MAA +1.7%), Post (PPS +4.7%).
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  • Jan. 11, 2012, 7:07 PM
    Camden Property Trust (CPT) drops 2.6% AH after announcing it will acquire the 80% interest it currently doesn't own in 12 JVs involving apartment communities in the southwestern U.S for $372.1M ($99.5M in cash and the assumption/repayment of $272.6M in debt). Camden will finance the purchases by issuing 5.75M shares.
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Company Description
Camden Property Trust, a Texas real estate investment trustengaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities.
Sector: Financial
Country: United States