Camden Property Trust

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Camden Property Trust
Type Public
Traded as NYSECPT
Industry Real Estate Investment Trust
Headquarters Eleven Greenway Plaza
Houston, Texas, U.S.
Area served USA
Products Apartment Homes
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[edit]

Position Name
CEO Richard J. Campo
President D. Keith Oden
COO H. Malcolm Stewart
SVP - Finance and CFO Alexander Jessett
SVP - Construction Stephen R. Hefner
SVP - HR Cynthia B. Scharringhausen
SVP - Real Estate Investments William W. Sengelmann
SVP - Strategic Services Kristy Simonette

History[edit]

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[edit]

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

Recognitions[edit]

  • In 2008, it was recognized by Fortune Magazine as #50 in the 100 Best Companies To Work For[4] list.
  • In 2009, it was recognized by Fortune Magazine as #41 in the 100 Best Companies To Work For[5] list.
  • In 2010, it was recognized by Fortune Magazine as #10 in the 100 Best Companies To Work For[6] list.
  • In 2011, it was recognized by Fortune Magazine as #7 in the 100 Best Companies To Work For[7] list.

References[edit]