Type Public Products Apartment Homes Number of employees 1,974 Founded 1993 | Area served United States Website www.camdenliving.com Founder Richard J Campo | |
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Traded as NYSE: CPT
S&P 400 Component Industry Real Estate Investment Trust Headquarters Houston, Texas, United States Stock price CPT (NYSE) US$ 81.34 -0.35 (-0.43%)6 Mar, 4:00 PM GMT-5 - Disclaimer CEO Richard J Campo (May 1993–) Subsidiaries Camden USA Inc, Camden Operating, L.P. Profiles | ||
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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, it owns 180 apartment communities made up of 62,266 units.
Contents
Camden property trust celebrates 20 years of trading
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. 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.