CPT · 8-K · 20261105PR071117

Acquisition / Partnership / Divestiture

CAMDEN PROPERTY TRUST · 2026-11-05 · Importance 71 · Surprise 60 · From source text

During the third quarter of 2026, Camden acquired three apartment communities in Tampa, Florida; Charlotte, North Carolina; and Nashville, Tennessee, for a combined $305.2 million, and purchased a Tampa land parcel for approximately $18.3 million. On July 29, 2026, it sold its California portfolio of 11 communities and 3,620 homes for approximately $1.6 billion, recognizing a gain of about $1.0 billion. Approximately $0.9 billion of the proceeds repaid balances under its unsecured revolving credit facility and commercial paper program. After quarter-end, Camden sold 2.6 acres of Los Angeles land for approximately $10.7 million.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
net_incomepositiverealized+259.5%On July 29, 2026, Camden sold its California portfolio of 11 operating communities with 3,620 apartment homes for approximately $1.6…
assetspositiverealized—During 3Q26, Camden acquired Camden Brandon, a 296-apartment-home community in Tampa, Florida; Camden LoSo, a 343-apartment-home community…
cashnegativerealized—During 3Q26, Camden acquired Camden Brandon, a 296-apartment-home community in Tampa, Florida; Camden LoSo, a 343-apartment-home community…
cashpositiverealized—On July 29, 2026, Camden sold its California portfolio of 11 operating communities with 3,620 apartment homes for approximately $1.6…
assetsnegativerealized—On July 29, 2026, Camden sold its California portfolio of 11 operating communities with 3,620 apartment homes for approximately $1.6…