Camden Property Trust

Company facts

Industry

Real Estate Investment Trusts

Headquarters

Houston, Texas

Most recent report

8-K, filed Aug 3, 2026

Incorporated

Texas

Filings on record

1,000+ filings

On EDGAR

CIK 906345

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 2 of 13 sections worth reading, with 0 positive, 6 notable, and 5 negative flags.

• Financial Statements (Item 1) Core financial statements and notes with large earnings drop, legal accrual, buybacks, and asset sale.
  Notable

  • New $600M share repurchase plan authorized in Feb 2026; $297.9M remained at June 30.
  • Renewed ATM program for up to $500M; no shares sold to date.
  • 11 California properties classified as held for sale ($625M assets), sold in July 2026 for $1.6B.
  • Issued $600M of 4.90% senior unsecured notes due 2036, increasing total debt to $4.85B from $3.9B.
  • Credit facility amended and extended to March 2030; removed $300M term loan.
  Negative

  • Floating rate debt increased to $1.5B at June 30, 2026 from $1.1B at Dec 31, 2025.
  • H1 2026 other non-operating expenses were $61.3M vs $3.9M in H1 2025, due to $58.8M legal settlement accrual.
• Management's Discussion (Item 2) Multiple company-specific events: $53M settlement, $1.6B sale, same-store NOI decline, aggressive buyback.
  Notable

  • Entered $350M 364-day term loan facility on July 8, 2026, adding short-term borrowing capacity.
  Negative

  • $53.0M class action settlement for RealPage software claims, first $26.5M paid in Q2, second due in Q3 2026.
  • Same store property NOI fell 1.4% in Q2 and 1.1% in H1 2026, driven by higher expenses.
  • Operating cash flow fell to $359.7M for H1 2026 from $378.9M, partly due to the $26.5M settlement payment.

What changed: Jun 2026 vs. Mar 2026

About 13% of CPT's Jun 2026 10-Q is new information. 40 paragraphs were added, 138 changed, and 46 removed. Below are the most important lines SECSift identified.

• Item 1 71
• Item 2 71
• Item 6 6