CPT · News · 20260807N
Acquisition / Partnership / Divestiture
CAMDEN PROPERTY TRUST · 2026-08-07 · Importance 71 · Surprise 60 · In source text
Camden sold 11 multifamily properties in Southern California for approximately $1.6 billion to an entity managed by BlackRock Inc. The portfolio contained 3,620 units and was 96% occupied at the time of sale. The transaction included a $566.6 million agency loan arranged for the buyer’s acquisition of seven properties, while Camden is reallocating activity toward Sunbelt assets.
Key facts
- Camden reported the sale of California properties for $1.625 billion as a key financial activity in its Q2 2026 earnings discussion. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | realized | — | Camden reported the sale of California properties for $1.625 billion as a key financial activity in its Q2 2026 earnings discussion. |