Camden

What Camden does

Camden Property Trust (NYSE: CPT) is a publicly traded, S&P 500–constituent Real Estate Investment Trust that owns and operates approximately 170 multifamily apartment communities containing roughly 58,000 apartment homes across 15 major U.S. metropolitan markets, with strategic concentration in Sun Belt cities including Houston, Atlanta, Austin, Charlotte, Dallas/Fort Worth, Denver, Orlando, Phoenix, Raleigh, Tampa, Nashville, Southeast Florida, Washington D.C., and select Southern California holdings that the company is actively divesting. Founded in 1982 and taken public in 1993, Camden serves individual apartment renters — working professionals, families, and households seeking premium multifamily housing — through a direct-to-consumer model that combines on-site leasing offices, the Camden Living consumer web platform (camdenliving.com), third-party apartment listing aggregators, and the MyCamden resident portal that handles lease management, rent payment, and maintenance requests.

Revenue is generated almost entirely from recurring monthly apartment rentals, with unit pricing varying materially by market and floor plan (entry-level units in Houston markets starting near $1,119 and luxury three-bedroom units above $2,500). The company supplements rental income through ancillary partnerships — notably CORT Furniture for furnished apartment packages and 3V Infrastructure for capex-free EV charging installations across hundreds of sites in 17 states. Operationally, Camden runs property management and revenue management software in-house and maintains a hub-and-spoke structure with district offices in Atlanta, Austin, Charlotte, Dallas, Denver, Orlando, Phoenix, Raleigh, and Southeast Florida, plus regional operations centers in Houston, Tampa, Mission Viejo (California), and Fairfax (Mid-Atlantic). Camden is recognized for sustained workplace excellence (19 consecutive years on Fortune's 100 Best Companies to Work For, ranked #13 in 2026) and for ESG benchmarks including 51 Energy Star–certified communities and GRESB public disclosure participation.

Recent strategic activity centers on a major portfolio reallocation: in June 2026, Camden announced the sale of approximately 11 California properties (~3,600 units) valued at $1.5–2 billion, with roughly 60% of proceeds earmarked for 1031-exchange reinvestment into Sun Belt markets and the remainder funding share repurchases. Concurrent with this repositioning, the company underwent a planned CEO succession in March 2026, with Alexander J. Jessett promoted to CEO, Laurie A. Baker to President/COO, and Benjamin D. Fraker to CFO; co-founders Ric Campo and Keith Oden transitioned to Executive Chairman and Executive Vice Chairman, respectively. Camden settled a $53 million multidistrict class-action antitrust case in 2026 related to algorithmic rent coordination via RealPage's revenue management software, paid in two $26.5 million installments.

Name

Camden

Legal name

Camden Property Trust

Website

https://camdenliving.com

Company type

Public

Founded year

1982

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Camden Property Trust (NYSE: CPT) is an S&P 500 multifamily REIT that owns and operates approximately 170 apartment communities with roughly 58,000 homes across 15 major U.S. Sun Belt and metropolitan markets, serving individual renters through direct-to-consumer leasing offices and digital platforms.

Ownership category

akta.pro rank

Product category

Multifamily Residential REIT

NAICS

Lessors of Real Estate (5311)

SIC

Real Estate Investment Trusts (6798)

akta.pro primary industry

REITs & Listed Real Estate Securities (FSAAAKAD)

akta.pro secondary industry

Core Real Estate (Stabilized/Core-Plus) (FSAAAKAA)

Keywords

• Multifamily residential properties
• Apartment rental services
• Real estate investment trust
• Luxury apartment leasing
• Property management services

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices13 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Apartment Rental Revenue: Camden Property Trust generates the majority of its revenue from monthly apartment rentals across its portfolio of 170+ apartment communities containing 58,000+ apartment homes across the United States. Revenue is driven by occupancy rates, rental rate growth, and the size of the operating portfolio.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Camden Property Trust is a publicly traded multifamily REIT that owns, leases, manages, and maintains approximately 170+ apartment communities containing 58,000+ apartment homes across 15 major US metropolitan markets. Its core offering is monthly rental housing — furnished and unfurnished — supported by on-site leasing offices, the Camden Living website, and the MyCamden resident portal for online leasing, rent payment, and maintenance requests.

Product overview

Camden Property Trust operates as a single unified REIT platform offering luxury multifamily apartment rentals through a portfolio of 170+ owned and operated communities across 15 U.S. markets. The company provides a consumer-facing web platform (Camden Living), a resident services portal (MyCamden), and branded apartment communities. The offering is structured as a direct-to-consumer property management business rather than a modular software platform—residents access apartments via the Camden Living website, manage their tenancy through MyCamden, and live in individually branded Camden communities featuring consistent amenities and services.

Differentiator

Problem solved

Functional benefit

Products and services

• Camden Apartment Communities (Multifamily Apartment Rentals) Luxury multifamily apartment rental communities across 15 US markets (Houston, Atlanta, Austin, Charlotte, Dallas/Fort Worth, Denver, LA/Orange County, Nashville, Orlando, Phoenix, Raleigh, San Diego, Southeast Florida, Tampa, Washington D.C.) offering 1-3 bedroom floor plans with resort-style amenities including pools, fitness centers, EV charging, and pet-friendly features, leased on monthly terms to individual residents.
• Camden Living Platform (camdenliving.com) Consumer-facing web platform for browsing Camden's apartment portfolio, viewing floor plans and pricing, taking virtual tours, scheduling property visits, and completing online lease applications across all Camden markets.
• MyCamden Resident Portal Resident-facing online portal enabling current residents to manage their lease, pay rent, submit and track maintenance requests, and access community information; also serves as the online leasing interface for prospective residents.
• Furnished Apartments (via CORT partnership) Move-in ready furnished apartment homes offered through Camden's partnership with CORT Furniture, allowing residents to lease fully furnished units for short- or long-term flexibility.

Quantifiable outcome

• Achieved 95.4% occupancy rate in Q1 2026
• +2 more outcomes

Named customers4 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature1 record

Partnerships

One partnership is on record.

• Cort FurnitureminorStrategic or Co-development PartnerFurnished apartment homes are available at Camden through CORT, allowing residents to lease move-in ready furnished apartments for flexibility and convenience.

Scale indicators9 records

Recent moves1 record

Expansion highlights5 records

Direct peers

• Equity Residential: Equity Residential (NYSE: EQR) is a leading apartment REIT owning ~85,000 units concentrated in urban and high-density coastal markets. Comparable to Camden in scale, S&P 500 status, and operational metrics, though with a different geographic tilt toward coastal gateway cities.
• UDR, Inc. UDR (NYSE: UDR) is a diversified apartment REIT with ~60,000 units across coastal and Sun Belt markets. It competes directly with Camden for institutional capital, joint ventures, and operational benchmarking, with overlapping markets in DC, Tampa, Dallas, and Orlando.
• Independence Realty Trust: IRT (NYSE: IRT) is a Sun Belt-focused apartment REIT with ~36,000 units across the Midwest and Southeast. Smaller than Camden but a direct peer in geography and resident demographic, often compared on Sun Belt rent growth and same-store metrics.
• Veris Residential: Veris Residential (NYSE: VRE) is a class A multifamily REIT operating ~8,500 units primarily in New Jersey and New York. Smaller and geographically distinct, but comparable in operating class A garden and mid-rise apartments and institutional ownership profile.
• Essex Property Trust: Essex (NYSE: ESS) owns ~62,000 apartments concentrated on the West Coast (California, Seattle). It is comparable to Camden in size, apartment REIT structure, and class A focus, and represents the primary institutional owner in markets Camden is exiting.
• AvalonBay Communities: AvalonBay (NYSE: AVB) is one of the largest publicly traded apartment REITs with a portfolio of ~310 properties and ~93,000 apartment homes across coastal high-growth markets. It directly competes with Camden for institutional multifamily capital, investment-grade debt access, and high-quality renter demand, with a similar class A apartment focus.
• Mid-America Apartment Communities: MAA (NYSE: MAA) is the largest Sun Belt-focused apartment REIT, operating ~102,000 units across the Southeast, Southwest, and Texas. It is Camden's closest direct peer in geography and strategy, competing for tenants, acquisitions, and capital in many of the same Sun Belt markets.

Broad incumbents

• Invitation Homes: Invitation Homes (NYSE: INVH) is the largest single-family rental REIT with ~84,000 homes. While a different property type, it is a broad residential rental incumbent that competes with Camden for the same renter pool and institutional capital allocation.
• American Homes 4 Rent: AMH (NYSE: AMH) is a major single-family rental REIT with ~59,000 homes across the Sun Belt. It is a broader residential rental incumbent and overlaps with Camden in Sun Belt geographic strategy and renter demographic.

Emerging players

• NexPoint Residential Trust: NexPoint (NYSE: NXRT) operates ~14,000 value-add apartment units primarily in the Sun Belt. It overlaps with Camden's market geography but at a smaller, more value-add-focused scale, making it a relevant Sun Belt peer for market-level benchmarking.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/user/CamdenTV
• Facebookfacebook.com/CamdenLiving
• LinkedInlinkedin.com/company/camden-property-trust
• Instagraminstagram.com/camdenliving
• Pinterestpinterest.com/camdenliving
• Xx.com/camdenliving

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds3 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Camden