Camden Property Trust

Camden Property Trust

Type	Public
Traded as	NYSE: CPT
Industry	Real Estate Investment Trust
Headquarters	Eleven Greenway Plaza Houston, Texas, U.S.
Area served	United States
Products	Apartment Homes
Number of employees	1,974 (2013)[1]
Website	www.camdenliving.com

Camden Property Trust is a Houston, TX based Real Estate Investment Trust that owns and operates apartment communities in the United States. According to the company's website,^[2] it owns 180 apartment communities made up of 62,266 units.^[3]

Management

History

In 1982, Ric Campo and Keith Oden, founded what is now Camden Property Trust. The company focused on the booming Houston condominium market. When the Houston real estate market imploded in the mid-1980s due to the great oil bust, the development company converted the condominiums as apartments. In 1993, Camden completed their Initial Public Offering.^[1] In 1997, Camden acquired Paragon Group, Inc. In 1998, Camden acquired Oasis Residential, Inc. In 2005, Camden acquired Summit Properties, Inc.

Purpose

Camden buys and develops land, builds apartment homes, and manages apartment communities.

Recognitions

• In 2008, it was recognized by Fortune Magazine as #50 in the 100 Best Companies To Work For^[5] list.
• In 2009, it was recognized by Fortune Magazine as #41 in the 100 Best Companies To Work For^[6] list.
• In 2010, it was recognized by Fortune Magazine as #10 in the 100 Best Companies To Work For^[7] list.
• In 2011, it was recognized by Fortune Magazine as #7 in the 100 Best Companies To Work For^[8] list.

References