Camden Property Trust is a Texas real estate investment trust (REIT) primarily engaged in the ownership, management, development, reposition, redevelopment, acquisition, and construction of multifamily apartment communities. The company focuses on producing consistent earnings growth through property operations, development, and acquisitions. Camden relies on sophisticated property management capabilities and innovative operating strategies to maximize the earnings potential of its communities. The company operates in core markets with a strong base of properties to benefit from personnel allocation and market strength. Camden also selectively disposes of properties and redeploys capital for strategic reasons. The company aims to maximize capital appreciation by investing in markets with strong economic growth, household formation, job growth, and an attractive quality of life.

• Employees: 1,640 (as of December 31, 2023)
• Geographic Footprint: United States
• Headquarters: Houston, Texas
• Founded: May 25, 1993
• Number of locations/facilities: 176 multifamily properties
• Revenue: Not explicitly stated, see Key Financial Metrics
• Market Share: Not explicitly stated
• Key Subsidiaries/Brands: Camden Property Trust and its consolidated subsidiaries

• CEO: Richard J. Campo (Chairman of the Board of Trust Managers and Chief Executive Officer)
• Executive Vice Chairman: D. Keith Oden (Executive Vice Chairman of the Board of Trust Managers and President)
• CFO: Alexander J. Jessett (Executive Vice President - Chief Financial Officer and Assistant Secretary)
• Senior Vice President - Chief Accounting Officer: Michael P. Gallagher

The 10-K does not provide specific tenure or background information for the executives listed.

• Annual Revenue: Not explicitly stated in a single location, see Property Revenues in the Financial Statements
• Net Income: $403.3 million (FY2023)
• Market Cap: $11,576,082,431 (based on a June 30, 2023 share price of $108.87)
• Total Assets: $9,383.7 million (as of December 31, 2023)
• Number of Employees: 1,640 (as of December 31, 2023)
• Key Financial Highlights: Same store revenues increased approximately 5.1% for the year ended December 31, 2023, as compared to the same period in 2022. Net income attributable to common shareholders was $403.3 million for the year ended December 31, 2023.

Camden primarily focuses on multifamily apartment communities. The company’s offerings include:

• Apartment Homes: A variety of apartment homes across the United States.
• Community Amenities: A range of amenities common to multifamily rental properties.

Camden operates in a single reportable segment which includes the ownership, management, development, reposition, redevelopment, acquisition, and construction of multifamily apartment communities. The company does not distinguish or group its consolidated operations based on geography, size, or type.

Camden's strategy is focused on consistent earnings growth through property operations, development, and acquisitions. Key strategic initiatives include:

• Real Estate Investments and Market Balance: Concentrating growth efforts toward selective opportunities to enhance a geographically diverse portfolio of assets that meet the requirements of residents.
• Sophisticated Property Management: Delivering quality services, promoting resident satisfaction, and retaining residents through a professional staff.
• Operations: Ensuring customer satisfaction, increasing rents as market conditions allow, maximizing rent collections, and controlling operating costs.
• Financial Strength: Maintaining a strong balance sheet and preserving financial flexibility by focusing on core fundamentals, maintaining appropriate debt levels and leverage ratios, and controlling overhead costs.

The company intends to meet short-term and long-term liquidity requirements through a combination of cash flows, draws on unsecured revolving credit facility, debt and equity offerings, proceeds from property dispositions, and other borrowings.

Camden operates within the multifamily real estate industry. The company competes with other multifamily properties, condominiums, single-family homes, and third-party providers of short-term rentals. Key market trends affecting the business include economic conditions, job growth, household formation, and demand for multifamily housing. The competitive environment could have a material adverse effect on the ability to lease apartment homes or on the rents realized at the company's present properties or any newly-developed or acquired property.

• Market Position: Not explicitly stated
• Key Competitors: Other multifamily properties, condominiums, single-family homes, and third-party providers of short-term rentals.
• Industry Trends: Economic conditions, job growth, household formation, and demand for multifamily housing.

• Market Risks: Volatility in capital and credit markets, unfavorable changes in economic conditions, oversupply of apartments, declines in market rental rates, and regional economic downturns.
• Operational Risks: Development, repositions, redevelopment, and construction risks, inability to lease apartments, and risks associated with land holdings.
• Financial Risks: Significant debt, insufficient cash flows, inability to renew or refinance debt, rising interest rates, and failure to maintain current credit ratings.
• Regulatory Risks: Changes in rent control or rent stabilization laws and regulations, failure to qualify as a REIT, and changes in tax laws.
• Cybersecurity Risks: Cybersecurity incidents and other technology disruptions.