CPT · 10-Q · 2026Q3 · Full report

Development Pipeline

CAMDEN PROPERTY TRUST · 2026-11-06 · Importance 52 · Surprise 42 · Matches filing data

At September 30, 2026, Camden had four properties under construction totaling 1,560 apartment homes, with an estimated total cost of $618.0 million. The projects are in Charlotte, North Carolina; Nashville, Tennessee; and Morrisville, North Carolina, with estimated completion dates ranging from the second quarter of 2027 to the fourth quarter of 2029. Two additional Tampa, Florida communities were undergoing development activities, with 1,121 projected homes and estimated total costs of $362.0 million. Camden also had two land parcels held for future development, while it had stopped development activities on two other projects for the foreseeable future.

Key facts

• Camden expected to incur approximately $29 million to $35 million of the remaining construction costs during the remainder of 2026, with the balance in 2027 and 2028. source
• During the nine months ended September 30, 2026 and 2025, expenditures for new development were $190.2 million and $146.8 million, respectively. source
• At September 30, 2026, Camden's balance sheet included approximately $402.8 million related to properties under development and land; $289.6 million related to projects under construction and $113.2 million primarily invested in land held for future development and land holdings. source
• As of September 30, 2026, Camden estimated approximately $209.3 million of additional costs to complete construction of four properties. source
• Camden stopped development activities for the foreseeable future on two developments in Q3 2026 and recorded approximately $85.2 million of impairment charges on the land parcels. source
• As of September 30, 2026, estimated additional construction costs for four properties were approximately $209.3 million. source
• At September 30, 2026, Camden had approximately $113.2 million invested primarily in land, including $54.1 million in land held for future development and $59.1 million in other land holdings. source
• Camden recognized an $86.4 million impairment charge associated with land development activities in Q3 2026. source

Impact estimates