CPT on NYSE

Camden Property Trust

Logo: https://investors.camdenliving.com/home/default.aspx, Non-free logo, via Wikipedia5

Real estate investment trust

Camden Property Trust is a publicly traded real estate investment trust that invests in apartments in the United States. As of December 31, 2023, the company owned interests in 176 apartment communities containing 59,800 apartment homes in the United States. It is the 14th largest owner of apartments in the United States.3 Its shares trade on NYSE under the symbol CPT.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1981Founded1

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  • TickerCPT on NYSE1
  • Industryreal estate investment trust1
  • HeadquartersHouston1
  • Websitewww.camdenliving.com
  • Incorporated inTX6
  • Business address2800 Post Oak Boulevard, Suite 2700, Houston, Tx 770566
  • Filer categoryLarge accelerated filer6
  • Legal formTRUST4
  • Kind of organizationTrust1
  • LEI5493002MYX22OHYJBD894
  • StatusActive4
  • LEI statusIssued and current4
  • Registered address2800 Post Oak Boulevard, 77056 Houston, United States4
  • Registered withSecurities and Exchange Commission, 00009063454

Camden Property Trust is a publicly traded real estate investment trust that invests in apartments in the United States. As of December 31, 2023, the company owned interests in 176 apartment communities containing 59,800 apartment homes in the United States. It is the 14th largest owner of apartments in the United States.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

2964.9%Net margin10
81.7%Revenue growth, 202510
8.8%Return on equity10
0.89×Debt to equity10

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue52¢$566.7M
  • Interest13¢$138.2M
  • Income tax0¢$4.0M
  • Profit35¢$384.5M

Out of $13.0M in revenue.10

Where each dollar of operating cash went, fiscal 2025

  • Dividends paid56¢$460.9M
  • Share buybacks33¢$270.7M
  • Kept or used elsewhere11¢$95.0M

Out of $826.6M of cash from operations.10

Financial statements

Revenue1112131410$13.0M in 2025+49% since 2019
0$5.0M$10.0M$15.0M2019: $8.7M$8.7M20192020: $10.8M$10.8M2020+24%2021: $10.5M$10.5M2021−2%2022: $5.2M$5.2M2022−51%2023: $3.5M$3.5M2023−33%2024: $7.1M$7.1M2024+107%2025: $13.0M$13.0M2025+82%
Net income1112131410$384.5M in 2025+75% since 2019
0$200.0M$400.0M$600.0M$800.0M2019: $219.6M$219.6M20192020: $123.9M$123.9M2020−44%2021: $303.9M$303.9M2021+145%2022: $653.6M$653.6M2022+115%2023: $403.3M$403.3M2023−38%2024: $163.3M$163.3M2024−60%2025: $384.5M$384.5M2025+135%

Every line of the income statement as filed: the last 3 fiscal years, latest first.10

Period ending2025-12-312024-12-312023-12-31
Property revenues$1.6B$1.5B$1.5B
Property operating and maintenance$369.9M$365.7M$353.9M
Real estate taxes$196.8M$193.1M$195.0M
Total property expenses$566.7M$558.8M$548.9M
Fee and asset management$13.0M$7.1M$3.5M
Interest and other income$256.0K$4.4M$879.0K
Income on deferred compensation plans$19.3M$12.6M$15.4M
Total non-property income$32.5M$24.2M$19.7M
Property management$37.5M$38.3M$33.7M
Fee and asset management$3.1M$2.2M$1.7M
General and administrative$79.3M$72.4M$62.5M
Interest$138.2M$129.8M$133.4M
Depreciation and amortization$611.0M$582.0M$574.8M
Expense on deferred compensation plans$19.3M$12.6M$15.4M
Total other expenses$888.4M$837.4M$821.5M
Impairment associated with land development activities-$12.9M-$41.0M$0
Loss on early retirement of debt$0-$921.0K-$2.5M
Gain on sale of operating properties$260.9M$43.8M$225.4M
Income from continuing operations before income taxes$398.9M$173.8M$414.2M
Income tax expense-$4.0M-$2.9M-$3.6M
Net income$394.9M$170.8M$410.6M
Net income allocated to non-controlling interests-$10.4M-$7.5M-$7.2M
Net income attributable to common shareholders$384.5M$163.3M$403.3M
Total earnings per common share basic$3.54$1.50$3.71
Total earnings per common share diluted$3.54$1.50$3.70
Weighted average number of common shares outstanding basic108.4M shares108.5M shares108.7M shares
Weighted average number of common shares outstanding diluted108.4M shares108.5M shares109.4M shares
Unrealized gain/(loss) on cash flow hedging activities$0$85.0K-$728.0K
Unrealized loss and unamortized prior service cost on post retirement obligation-$212.0K-$18.0K-$183.0K
Reclassification of net loss on cash flow hedging activities, prior service cost and net loss on post retirement obligation$1.4M$2.2M$1.4M
Comprehensive income$396.1M$173.1M$411.1M
Comprehensive income attributable to common shareholders$385.7M$165.5M$403.8M

Compare Camden Property Trust with another company

Corporate structure

Camden Property Trust sits at the top of its group. 6 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Camden Property Trust

  • FMR LLC Filed SCHEDULE 13G/A on Camden Property Trust, latest May 6, 2026 (2 filings since Nov 5, 2025)
  • VANGUARD CAPITAL MANAGEMENT LLC Filed SCHEDULE 13G on Camden Property Trust, latest Apr 29, 2026
  • VANGUARD PORTFOLIO MANAGEMENT LLC Filed SCHEDULE 13G on Camden Property Trust, latest Apr 29, 2026
  • VANGUARD GROUP INC Filed SCHEDULE 13G/A on Camden Property Trust, latest Mar 26, 2026 (4 filings since Feb 9, 2022)
  • BlackRock Filed SCHEDULE 13G/A on Camden Property Trust, latest Jan 21, 2026 (8 filings since Jan 26, 2022)
  • Cohen & Steers Filed SC 13G/A on Camden Property Trust, latest Feb 14, 2024 (3 filings since Sep 12, 2022)
  • State Street Corporation Filed SC 13G/A on Camden Property Trust, latest Jan 29, 2024 (3 filings since Feb 10, 2022)
  • PRICE T ROWE ASSOCIATES INC /MD/ Filed SC 13G/A on Camden Property Trust, latest Feb 14, 2023 (2 filings since Feb 14, 2022)
  • Camden Property Trust Houston, Texas, United States
    • CPT COMMUNITY OWNER, LLC Houston, Texas, United States
    • 1. Camden Operating, L.P. Subsidiary · Delaware, United States
    • 2. Camden USA, Inc. Subsidiary · Delaware, United States
    • 3. Camden Development, Inc. Subsidiary · Delaware, United States
    • 4. Camden Summit Partnership, L.P. Subsidiary · Delaware, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Camden Property Trust reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Land$1.8B10 Dec 31, 2025$1.7B10 Dec 31, 2024+3.8%
Operating-lease assets (leased space)$11.0M10 Dec 31, 2025$2.5M10 Dec 31, 2024+340.0%

Real estate and locations

ItemLatestA year beforeChange
Real estate accumulated depreciation$5.3B10 Dec 31, 2025$4.9B10 Dec 31, 2024+8.8%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$25.2M10 Dec 31, 2025$21.0M10 Dec 31, 2024+19.8%

Properties, in its own words

The Properties

Our properties typically consist of mid-rise buildings or two and three-story buildings in a landscaped setting, as well as high-rise buildings, and provide residents with a variety of amenities common to multifamily rental properties.

The rest of Item 2

The 172 operating properties in which we owned interests and operated at December 31, 2025 averaged 967 square feet of living area per apartment home. For the year ended December 31, 2025, no single operating property accounted for greater than 1.5% of our total revenues. Our stabilized operating properties had a weighted average occupancy rate of approximately 95% for each of the years ended December 31, 2025 and 2024, an average monthly rental rate per apartment home of $2,006 and $1,997 for the same periods, respectively and our average resident lease terms are approximately fourteen months.

The following table sets forth certain information with respect to our 172 operating properties at December 31, 2025:

Location · Number of Operating Properties · Number ofHomes · Average HomeSize (Sq. Ft.) · AverageOccupancy (1) · AverageMonthly RentalRate perHome (2)

Atlanta, Georgia · 14 · 4,270 · 1,036 · 95.4 · 1,901

Austin, Texas · 12 · 4,038 · 900 · 94.9 · 1,569

Charlotte, North Carolina · 15 · 3,510 · 936 · 95.1 · 1,796

Dallas/Fort Worth, Texas · 14 · 5,940 · 920 · 95.2 · 1,699

Denver, Colorado · 9 · 2,873 · 957 · 95.9 · 2,139

Houston, Texas · 23 · 8,207 · 986 · 94.8 · 1,746

Los Angeles/Orange County, California · 5 · 1,812 · 942 · 95.1 · 2,883

Nashville, Tennessee · 3 · 1,193 · 891 · 93.9 · 2,090

Orlando, Florida · 12 · 4,276 · 952 · 95.9 · 1,907

Phoenix/Scottsdale, Arizona · 13 · 4,094 · 1,012 · 94.9 · 1,975

Raleigh, North Carolina · 11 · 4,041 · 992 · 95.3 · 1,649

San Diego/Inland Empire, California · 6 · 1,797 · 1,009 · 95.8 · 2,808

Southeast Florida · 9 · 3,050 · 1,065 · 95.3 · 2,688

Tampa/St. Petersburg, Florida · 9 · 3,464 · 1,003 · 95.4 · 2,322

Washington, D.C. Metro · 17 · 6,194 · 913 · 96.8 · 2,364

(1)Represents the average physical occupancy for the year except for development properties, where average occupancy is calculated from the date the property exceeded 90% occupancy through December 31, 2025, and for acquisitions, where average occupancy is calculated from the acquisition date.

(2)The average monthly rental rate per home incorporates vacant units and resident concessions calculated on a straight-line basis over the life of the lease.

Our operating properties were constructed and placed in service as follows:

Year Placed in Service · Number of Operating Properties

2021-2025 · 12

2016-2020 · 29

2011-2015 · 20

2006-2010 · 31

2001-2005 · 31

Prior to 2001 · 49

Item 2 of the 10-K filed Feb 12, 2026.19

The story

In 1981, Richard J. Campo and D. Keith Oden bought the failing Houston condominium business of their employer and reorganized it into a REIT.

In 1993, the company became a public company via an initial public offering.

In 1997, the company acquired Paragon Group, which owned 17,000 apartment units, in a $615 million transaction.

In 1998, the company acquired Oasis Residential for $542 million in stock and the assumption of $430 million in debt.

In 2005, the company acquired Summit Properties in a $1.1 billion transaction.

In 2011, the company acquired 8 properties in Texas for $261 million.

In 2012, the company purchased the 80% interest held by a joint venture partner in 12 communities for $99.5 million.

In 2016, the company sold its portfolio of properties in Nevada, which included 15 communities with 4,918 apartment units, for $630 million.

Read the full text

In 2022, the company acquired the remaining ownership interests in its joint venture with Teacher Retirement System of Texas.

From Wikipedia’s article on Camden Property Trust, shared under CC BY-SA 4.0.7

Leadership

Who has led Camden Property Trust, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (30)

Products and brands

  • apartment

Listed on Wikidata.1

Subsidiaries and ownership

Subsidiaries (GLEIF)

Subsidiaries (Exhibit 21)

  • 1. Camden Operating, L.P. Delaware8
  • 2. Camden USA, Inc. Delaware8
  • 3. Camden Development, Inc. Delaware8
  • 4. Camden Summit Partnership, L.P. Delaware8

Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record. The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

  1. Aug 31, 20268-K Entered a material agreement; Executive or director change58
  2. Aug 3, 20268-K Executive or director change59
  3. Jul 30, 20268-K Results of operations60
  4. Jun 11, 20268-K Executive or director change61
  5. May 8, 20268-K Shareholder vote62
  6. Apr 30, 20268-K Entered a material agreement63
  7. Apr 30, 20268-K Results of operations64
  8. Apr 9, 20268-K Entered a material agreement; Regulation FD disclosure65
  9. Mar 27, 20268-K Entered a material agreement; Executive or director change; Bylaws or fiscal year changed66
  10. Mar 19, 20268-K Entered a material agreement; New debt or obligation67
  11. Feb 19, 20268-K Entered a material agreement; New debt or obligation68
  12. Feb 5, 20268-K Results of operations69
  13. Jan 12, 2006New chief executive Richard J. Campo becomes CEO20
  14. Jul 22, 1993Went public Listed on NYSE1
  15. 1981Founded Founded1

Calendar

Coming up

  1. Nov 5, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $1.70 a share, on Nov 6, 2025.70

When it reported results

  1. Jul 30, 2026Reported quarterly or annual results60
  2. Apr 30, 2026Reported quarterly or annual results64
  3. Feb 5, 2026Reported quarterly or annual results69
  4. Nov 6, 2025Reported quarterly or annual results71
  5. Jul 31, 2025Reported quarterly or annual results72
  6. May 1, 2025Reported quarterly or annual results73
  7. Feb 6, 2025Reported quarterly or annual results74
  8. Oct 31, 2024Reported quarterly or annual results75

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

265 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 50 major events, 129 insider forms, 24 large holders, 42 other. The latest 20:

  1. Aug 31, 20268-K EDGAR
  2. Aug 7, 2026S-8 EDGAR
  3. Aug 3, 20268-K EDGAR
  4. Jul 31, 202610-Q EDGAR
  5. Jul 30, 20268-K EDGAR
  6. Jul 6, 20264 EDGAR
  7. Jul 6, 20263 EDGAR
  8. Jun 11, 20268-K EDGAR
  9. Jun 5, 2026144 EDGAR
  10. Jun 5, 20264 EDGAR
  11. May 12, 20264 EDGAR
  12. May 12, 20264 EDGAR
  13. May 12, 20264 EDGAR
  14. May 12, 20264 EDGAR
  15. May 12, 20264 EDGAR
  16. May 12, 20264 EDGAR
  17. May 12, 20264 EDGAR
  18. May 12, 20264 EDGAR
  19. May 8, 20268-K EDGAR
  20. May 6, 2026SCHEDULE 13G/A EDGAR

The 265 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

46 open-market trades by officers, directors and large owners since October 2021: 0 buys and 46 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jun 5, 2026CAMPO RICHARD JExecutive ChairmanSale30,000$112.42$3.4MForm 4
Feb 18, 2026Gallagher Michael PChief Accounting OfficerSale169$108.43$18.3KForm 4
Feb 18, 2026Baker LaurieEVP - Chief Operating OfficerSale2,168$108.40$235.0KForm 4
Jan 6, 2026Baker LaurieEVP - Chief Operating OfficerSale150$110.21$16.5KForm 4
Jan 6, 2026CAMPO RICHARD JExecutive ChairmanSale5,600$110.21$617.2KForm 4
Jan 5, 2026Benito JavierDirectorSale101$109.69$11.1KForm 4
Jan 5, 2026Baker LaurieEVP - Chief Operating OfficerSale531$109.78$58.3KForm 4
Jan 5, 2026WESTBROOK KELVIN RDirectorSale2,225$109.69$244.1KForm 4
Jan 5, 2026Brunner Heather J.DirectorSale2,104$109.69$230.8KForm 4
Jan 5, 2026CAMPO RICHARD JExecutive ChairmanSale38,021$109.77$4.2MForm 4
Jan 5, 2026Jessett Alexander J.President & CFOSale5,627$109.69$617.2KForm 4
Jan 2, 2026WEBSTER STEVEN ADirectorSale154$109.18$16.8KForm 4
May 16, 2025WEBSTER STEVEN ADirectorSale1,200$118.76$142.5KForm 4
May 7, 2025CAMPO RICHARD JExecutive ChairmanSale15,428$119.53$1.8MForm 4
May 6, 2025CAMPO RICHARD JExecutive ChairmanSale5,572$119.50$665.9KForm 4
Mar 10, 2025Gallagher Michael PChief Accounting OfficerSale135$122.18$16.5KForm 4
Feb 19, 2025Baker LaurieEVP - Chief Operating OfficerSale2,308$118.38$273.2KForm 4
Feb 11, 2025CAMPO RICHARD JExecutive ChairmanSale45,000$119.07$5.4MForm 4
Jan 8, 2025Brunner Heather J.DirectorSale264$110.06$29.1KForm 4
Jan 8, 2025CAMPO RICHARD JExecutive ChairmanSale1,043$110.06$114.8KForm 4

All 46 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025D. Keith OdenExecutive Vice Chairman of the Board69$764.9K$8.3M84
2025Richard J. CampoExecutive Chairman of the Board71$764.9K$8.3M84
2025Alexander J. JessettChief Executive Officer51$646.6K$5.2M84
2025Laurie A. BakerPresident and Chief Operating Officer61$584.3K$3.9M84
2024D. Keith OdenExecutive Vice Chairman of the Board69$742.6K$7.2M84
2024Richard J. CampoExecutive Chairman of the Board71$742.6K$7.2M84
2024Alexander J. JessettChief Executive Officer51$627.8K$4.2M84
2024Laurie A. BakerPresident and Chief Operating Officer61$567.3K$3.3M84
2023D. Keith OdenExecutive Vice Chairman of the Board69$721.0K$6.9M84
2023Richard J. CampoExecutive Chairman of the Board71$721.0K$6.9M84
2023Alexander J. JessettChief Executive Officer51$609.5K$3.9M84
2023Laurie A. BakerPresident and Chief Operating Officer61$550.8K$3.2M84

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.10,704,750$1.2B0.0%+573,618
Vanguard Portfolio Management LLC8,344,506$955.4M0.0%−479,502
Fmr LLC7,725,471$884.5M0.0%+658,251
State Street Corp6,503,833$751.5M0.0%−252,869
Vanguard Capital Management LLC6,560,670$751.1M0.0%−151,163
Viking Global Investors LP4,513,303$516.7M1.5%−202,091
Invesco Ltd.3,840,027$439.6M0.0%−221,382
Victory Capital Management Inc3,471,862$397.5M0.2%+524,252
Centersquare Investment Management LLC2,961,148$339.0M2.9%+312,976
Geode Capital Management, LLC2,895,749$331.0M0.0%−51,949
Charles Schwab Investment Management Inc1,723,319$197.3M0.0%+41,725
Maverick Capital Ltd1,707,280$195.5M1.8%−160,586
Dimensional Fund Advisors LP1,575,043$180.3M0.0%−23,628
Nuveen, LLC1,533,529$175.6M0.0%−2,145
Northern Trust Corp1,450,326$166.0M0.0%−397,548
Deutsche Bank Ag\1,326,825$151.9M0.0%+51,563
Two Sigma Investments, LP1,324,625$151.7M0.1%+197,354
Jpmorgan Chase & Co1,291,318$151.3M0.0%+311,111
Norges Bank1,281,428$146.7M0.0%New
Goldman Sachs Group Inc1,221,476$139.8M0.0%−1,959,153
Jennison Associates LLC1,178,945$135.0M0.1%−27,909
Morgan Stanley1,177,352$134.8M0.0%−139,882
Jacobs Levy Equity Management, Inc1,148,871$131.5M0.5%+22,382
Holocene Advisors, LP993,727$113.8M0.3%−424,710
Cbre Investment Management Listed Real Assets LLC733,484$84.0M1.2%−37,674

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

3 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Mar 27, 2026Alan ArmstrongRepublican, SenateBuy$1,001 - $15,000−20.0%Report
Apr 1, 2025Julie JohnsonDemocratic, HouseSale$1,001 - $15,000+56.7%Report
Apr 10, 2023Daniel S. GoldmanDemocratic, HouseSale$15,001 - $50,000+94.3%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Camden Property Trust is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARCAMDEN PROPERTY TRUST2
  • CIK0000906345
  • Employer ID (EIN)76-608837719
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company19
  • Incorporated inTexas19
  • Fiscal year endsDecember 312
  • Industry code (SIC)6798 Real Estate Investment Trusts2
  • SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance2
  • Business address2800 Post Oak Boulevard, Suite 2700, Houston, TX 770562
  • Phone71335425002
  • Shares outstanding100,539,350 as of Jul 24, 202616
  • Public float$12.0B as of Jun 30, 202519
  • AuditorDELOITTE & TOUCHE LLP, Houston, Texas PCAOB ID 34; it also attests to the company’s internal control over financial reporting19
  • On EDGAR sinceFeb 9, 19952
  • Filings1,732 in all: 4 (838), 8-K (264), SC 13G/A (108), 10-Q (92), 424B5 (47), SC 13G (46), 424B3 (41), 10-K (30)2
    All 42 form types

    DEF 14A (30), 5 (25), 3 (24), UPLOAD (23), 425 (22), CORRESP (13), DEFA14A (13), FWP (13), 4/A (12), 144 (8), S-3 (8), S-3/A (8), S-3ASR (8), S-8 (7), 8-K/A (6), POS AM (5), ARS (4), S-4 (4), 10-K/A (3), PRE 14A (3), S-4/A (3), S-8 POS (3), SCHEDULE 13G (3), SCHEDULE 13G/A (3), 15-12B (2), 8-A12B (2), RW (2), SC 13D (2), SC 13D/A (2), 5/A (1), CERT (1), EFFECT (1), NO ACT (1), PRER14A (1)

  • Latest filingsAnnual report (10-K) Feb 12, 2026
    Quarterly report (10-Q) Jul 31, 2026
    Proxy statement (DEF 14A) Mar 27, 2026
    Latest 8-K (8-K) Aug 31, 2026

Securities registered for trading

ClassSymbolExchange
Common Shares of Beneficial Interest, $.01 par valueCPTNew York Stock Exchange

From the cover page of the 10-K filed Feb 12, 2026 (Section 12(b) of the Exchange Act).19

Risk factors and legal proceedings

The risks Camden Property Trust names in Item 1A of its 10-K filed Feb 12, 2026: 21 risks under these headings, as written.19

  • Risks Associated with Capital Markets, Credit Markets, and Real Estate
  • Volatility in capital and credit markets, cost increases, or other unfavorable changes in economic conditions, either nationally or regionally in one or more of the markets in which we operate, could adversely impact us.
  • Short-term leases could expose us to the effects of declining market rents.
  • We could be negatively impacted by the risks associated with land holdings and related activities.
  • Risks Associated with Our Operations
  • Development, repositions, redevelopment and construction risks could impact our profitability.
  • Our acquisition strategy may not produce the cash flows expected.
  • Changes in rent control or rent stabilization laws and regulations could adversely affect our operations and property values.
  • Failure to qualify as a REIT could have adverse consequences.
  • Tax laws may continue to change at any time and any such legislative or other actions could have a negative effect on us.
  • A cybersecurity incident and other technology disruptions could negatively impact our business.
  • Risks Associated with Our Indebtedness and Financing
The other 12 risks
  • We have significant debt, which could have adverse consequences.
  • Insufficient cash flows could limit our ability to make required payments for debt obligations or pay distributions to shareholders.
  • Issuances of additional debt may adversely impact our financial condition.
  • We may be unable to renew, repay, or refinance our outstanding debt.
  • Failure to maintain our current credit ratings could adversely affect our cost of funds, related margins, liquidity, and access to capital markets.
  • Risks Associated with Our Shares
  • Share ownership limits and our ability to issue additional equity securities may prevent takeovers beneficial to shareholders.
  • The form, timing, and amount of dividend distributions in future periods may vary and be impacted by economic and other considerations.
  • General Risk Factors
  • Litigation risks could affect our business.
  • Damage from catastrophic weather and other natural events could result in losses.
  • Competition could adversely affect our ability to acquire properties.
  • We could be adversely impacted due to our share price fluctuations.
  • Rising interest rates could increase our borrowing costs, lower the value of our real estate, and decrease our share price, leading investors to seek higher yields through other investments.

Legal proceedings

We incorporate by reference into this Item our litigation disclosures made in Note 13. "Commitments and Contingencies" to our Consolidated Financial Statements.

The opening of Item 3, Legal Proceedings.19

Sources

The numbers on this page point here. Each one links to the record it came from.

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