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Camden Property Trust: Low Yield, But Good Value
CPTCamden(CPT) Seeking Alpha·2024-06-12 20:42

Svetlana123/iStock via Getty Images Camden Property Trust (NYSE:CPT), incorporated in 1993 and headquartered in Houston, TX, is a REIT that owns and manages multifamily apartment communities across multiple states. While the outlook for residential real estate properties is not as attractive as with other markets right now, Camden's portfolio is concentrated in attractive markets and has growth potential. The dividend yield is low, but the shares are trading at a discount to fair value, creating an opportun ...