CPT · News · 20260808N

Acquisition / Partnership / Divestiture

CAMDEN PROPERTY TRUST · 2026-08-08 · Importance 71 · Surprise 60

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

• Royal Bank of Canada reduced its stake in Camden by 35.6% during the first quarter, selling 84,807 shares and retaining 153,641 shares. source
• Reinhart Partners LLC acquired an additional 9,576 shares, increasing its holding by 18.9% to a total of 60,264 shares valued at $6.9 million. source
• Institutional ownership in Camden Property Trust was reported at 97.22%. source