Property

Camden Property Belief Publicizes Participation in Nareit’s REITweek 2021 Investor Convention and Supplies Second Quarter 2021 Working Replace

HOUSTON–(BUSINESS WIRE)–Camden Property Belief (NYSE: CPT) (the “Firm”) introduced in the present day that it’ll take part in Nareit’s REITweek 2021 Investor Convention which is being held nearly June 8-10, 2021. Camden’s roundtable dialogue has been scheduled for Wednesday, June 9, 2021 at 11:45 AM Jap Time. The occasion shall be webcast stay in a listen-only mode and might be accessed by registering for the occasion at Nareit REITweek 2021.

The Firm additionally offered working statistics for second quarter 2021 as detailed under.

Similar Property Scheduled Rents

1Q21

April 2021

Could 2021

Collected

98.4%

98.5%

98.4%

Deferred/Cost Plan Organized

—%

—%

—%

Delinquent

1.6%

1.5%

1.6%

 

 

 

 

Similar Property Occupancy

1Q21

April 2021

Could 2021

Occupancy

96.0%

96.6%

97.0%

 

 

 

 

Similar Property New Lease and Renewal Knowledge – Date Efficient(1)(2)

1Q21(2)

April 2021

Could 2021

New Lease Charges

(2.2)%

1.8%

4.8%

Renewal Charges

2.9%

3.1%

3.7%

Blended Charges

0.2%

2.4%

4.3%

 

 

 

 

Similar Property New Lease and Renewal Knowledge – Date Signed(3)(4)

1Q21(4)

April 2021

Could 2021

New Lease Charges

(0.8)%

4.6%

8.9%

Renewal Charges

3.4%

5.0%

6.5%

Blended Charges

1.2%

4.8%

7.7%

(1) Common change in similar property new lease and renewal charges vs. expiring lease charges when efficient.

(2) Knowledge represents common month-to-month leases efficient throughout the interval.

(3) Common change in similar property new lease and renewal charges vs. expiring lease charges when signed.

(4) Knowledge represents common month-to-month leases signed throughout the interval.

As well as, the Firm acquired a lately constructed, 328-home condominium group within the Nashville, TN metro space for about $105 million in early June 2021.

Camden’s full investor presentation is offered within the Traders part of the Firm’s web site at camdenliving.com.

Camden Property Belief, an S&P 400 Firm, is an actual property firm primarily engaged within the possession, administration, growth, redevelopment, acquisition, and development of multifamily condominium communities. Camden owns pursuits in and operates 168 properties containing 57,179 condominium properties throughout america. Upon completion of 8 properties at the moment beneath growth, the Firm’s portfolio will enhance to 59,787 condominium properties in 176 properties. Camden has been acknowledged as one of many 100 Greatest Corporations to Work For® by FORTUNE journal for 14 consecutive years, most lately rating #8.

For added data, please contact Camden’s Investor Relations Division at (713) 354-2787 or entry our web site at camdenliving.com.

Related posts

Ayrshire Property: Ayr villa on web site of Outdated Racecourse on sale

admin

Each Upcoming MCU Property Captain America May Return In

admin

Rescue removes greater than 75 canines from Mingo County property

admin

Leave a Comment