CPT · 10-Q · 2026Q3 · Full report
Acquisition and Portfolio Dispositions
CAMDEN PROPERTY TRUST · 2026-11-06 · Importance 58 · Surprise 42 · No source text
During the nine months ended September 30, 2026, Camden acquired eight operating properties for approximately $754.5 million and three land parcels for future development for approximately $63.3 million. In July 2026, it sold 11 operating properties in Los Angeles/Orange County and San Diego/Inland Empire, California, for approximately $1.6 billion, using about $0.9 billion of proceeds to repay revolving-credit and commercial-paper balances. It also sold an operating property in Irving, Texas, for approximately $77.0 million in February and approximately 2.6 acres of Los Angeles land for $10.7 million in October. Management intends to continue pursuing acquisitions and development while selectively disposing of properties and redeploying capital as market conditions and opportunities warrant.
Key facts
- Camden recognized a $973.0 million gain on operating property sales in Q3 2026, compared with $85.6 million in Q3 2025. source
- For the nine months ended September 30, 2026, Camden recognized $1.0 billion of gains on operating property sales, compared with $132.9 million in the same 2025 period. source
- In July 2026, Camden sold 11 operating properties comprising 3,620 homes in Los Angeles/Orange County and San Diego/Inland Empire, California, for approximately $1.6 billion and recognized an approximately $973.0 million gain. source
- During the nine months ended September 30, 2026, Camden received approximately $1.7 billion in net proceeds from selling 12 operating properties. source
- During the nine months ended September 30, 2026, Camden acquired eight operating properties for an aggregate purchase price of approximately $754.5 million. source
- During the nine months ended September 30, 2026, Camden acquired eight operating properties for approximately $749.6 million. source
- Net cash from investing activities was approximately $555.5 million for the nine months ended September 30, 2026, compared with $478.6 million of net cash used in the same period in 2025. source
- Camden planned to continue selective property dispositions and redeploy capital as market conditions and opportunities warrant. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | positive | realized | +19810.4% | For the nine months ended September 30, 2026, Camden recognized $1.0 billion of gains on operating property sales, compared with $132.9… |
| cash | positive | realized | +17.8% | During the nine months ended September 30, 2026, Camden received approximately $1.7 billion in net proceeds from selling 12 operating… |
| cash | positive | realized | +10.8% | Net cash from investing activities was approximately $555.5 million for the nine months ended September 30, 2026, compared with $478.6… |
| assets | positive | realized | +7.9% | During the nine months ended September 30, 2026, Camden acquired eight operating properties for an aggregate purchase price of… |
| cash | negative | realized | -7.8% | During the nine months ended September 30, 2026, Camden acquired eight operating properties for an aggregate purchase price of… |