Financial Data and Key Metrics Changes - The company reported funds from operations (FFO) for Q4 2022 of $191.6 million or $1.74 per share, a 15% increase per share from Q4 2021 [96] - The expected FFO per share for 2023 is projected to be in the range of $6.70 to $7.00, with a midpoint of $6.85, representing a $0.26 increase from 2022 results [97] - The company anticipates same-store revenue growth of 5.1% for 2023, down from the record 11.2% growth in 2022 [63][84] Business Line Data and Key Metrics Changes - Same-property revenue growth was 9.9% for Q4 2022 and 11.2% for the full year 2022, with nine markets exceeding 10% revenue growth for the quarter [118] - The company expects same-store expense growth of 5.5% in 2023, driven primarily by increases in property taxes and insurance [15][122] Market Data and Key Metrics Changes - Occupancy averaged 95.8% during Q4 2022, down from 96.6% in the previous quarter and 97.1% in Q4 2021 [71] - The company projects a 100-basis-point decline in economic occupancy due to increased supply, leading to a 5.5% rental income growth forecast for 2023 [48][148] Company Strategy and Development Direction - The company plans to maintain a balanced approach with $250 million in acquisitions offset by $250 million in dispositions, expecting no net accretion or dilution [16][151] - The company is focusing on markets with strong demand, particularly in Florida, while being cautious about markets like Houston and LA due to varying economic conditions [64][117] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about continued demand for apartments in 2023, citing high mortgage rates and consumer reluctance to transition to homeownership [65][83] - The macroeconomic environment remains uncertain, with potential job growth or losses being a wildcard for the year [88] Other Important Information - The company noted that rental rates for Q4 had signed new leases up 4% and renewals up 8.4%, indicating a blended rate of 6.1% [94] - The company highlighted a significant increase in insurance expenses due to global losses, projecting a 12.5% increase in insurance costs [49] Q&A Session Summary Question: What is the outlook for blended spreads and concessions? - Management indicated they do not expect new leases to go negative in the next six to nine months, despite a significant negative second derivative on growth [40][41] Question: What is the outlook for Houston and LA markets? - Management noted that Houston's outlook is improving due to energy sector strength, while LA remains stable but cautious due to higher delinquencies [117][70] Question: How does the company view the transaction market? - Management acknowledged a wide bid-ask spread in the transaction market, indicating a standoff until buyers and sellers adjust their valuation expectations [81][154]

| --- | --- | --- | --- | --- | |-----------------|------------|----------------------|---------------------|---------------------| | | | | | | | Total Portfolio | A- GRADE | Moderating OUTLOOK | 4% - 6% REVENUE | 200,000 COMPLETIONS | EXPECTED GRADE OUTLOOK REVENUE | --- | --- | --- | --- | --- | |-------------------|-------|------------|-----------|--------| | Orlando | A+ | Moderating | 6% - 8% | 12,000 | | Southeast Florida | A+ | Moderating | 6% - 8% | 11,000 | | Tampa | A+ | Moderating | 6% - 8% | 6,0 ...

Camden Property Trust (NYSE:CPT) Q3 2022 Earnings Conference Call October 28, 2022 11:00 AM ET Company Participants Kim Callahan - Senior Vice President, Investor Relations Ric Campo - Chairman & Chief Executive Officer Keith Oden - Executive Vice Chairman & President Alex Jessett - Chief Financial Officer Conference Call Participants Jeff Spector - Bank of America Nicholas Joseph - Citi Austin Wurschmidt - KeyBanc Capital Markets Neil Malkin - Capital One Securities Rich Anderson - SMBC Alexander Goldfarb ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to _______________ Commission file number: 1-12110 CAMDEN PROPERTY TRUST (Exact Name of Registrant as Specified in Its Ch ...

Camden Property Trust (NYSE:CPT) Q2 2022 Earnings Conference Call July 29, 2022 11:00 AM ET Company Participants Kim Callahan - Senior Vice President, Investor Relations Ric Campo - Chairman and CEO Keith Oden - Executive Vice Chairman and President Alex Jessett - Chief Financial Officer Conference Call Participants Austin Wurschmidt - KeyBanc Nicholas Joseph - Citi Derek Johnston - Deutsche Bank Neil Malkin - Capital One John Kim - BMO Rich Anderson - SMBC Alexander Goldfarb - Piper Sandler Joshua Dennerle ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to _______________ Commission file number: 1-12110 CAMDEN PROPERTY TRUST (Exact Name of Registrant as Specified in Its Charter ...

Camden Property Trust (NYSE:CPT) Q1 2022 Earnings Conference Call April 29, 2022 11:00 AM ET Company Participants Kim Callahan - Senior Vice President, Investor Relations Ric Campo - Chairman & Chief Executive Officer Keith Oden - Executive Vice Chairman & President Alex Jessett - Chief Financial Officer Conference Call Participants Nick Joseph - Citi Derek Johnston - Deutsche Bank Neil Malkin - Capital One Securities Rob Stevenson - Janney Rich Anderson - SMBC Joshua Dennerlein - Bank of America Haendel St ...

Featured Community: Camden Southline • Charlotte, NC • 266 Apartment Homes • Year Built 2015 Living Excellence 1Q22 Earnings Release & Supplemental Financial Information 11 Greenway Plaza • Houston TX 77046 • (713) 354-2500 • camdenliving.com Investor Relations Contact • Kim Callahan • (713) 354-2549 Community Table 30 CAMDEN TABLE OF CONTENTS | --- | --- | |------------------------------------------------------------------|-------| | | Page | | Press Release Text | 3 | | Financial Highlights | 6 | | Operat ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to _______________ Commission file number: 1-12110 CAMDEN PROPERTY TRUST (Exact Name of Registrant as Specified in Its Charte ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-12110 CAMDEN PROPERTY TRUST (Exact name of registrant as specified in its charter) Texas 76-6088377 (State or other ...