Camden Property Trust (CPT) Presents at BofA Securities 2025 Global Real Estate Conference

Jana Galan
Research Analyst

Good morning. Welcome to Bank of America’s 2025 Global Real Estate Conference. I’m Jana Galan, and I cover the residential REITs at BofA. We’re very excited to have with us Camden’s President and CEO, Alex Jessett, and Senior Vice President of Investor Relations, Kim Callahan.

I’ll turn it over to them to start with a few opening remarks, and then happy to take Q&A from the room, or I can go through a list, I’ve got prepared.

Alexander Jessett
President, CFO & Assistant Secretary

Thanks, Jana. So good morning, and thank you for joining us today. Since we only have about 30 minutes for our discussion, I’ll keep my prepared remarks brief to allow as much time as possible for Q&A. An updated investor presentation is available on our website and includes much of the information we’ll cover today.

For those of you not familiar with Camden, we are a multifamily REIT with nearly 60,000 apartment homes located in 15 major markets across the U.S. We are an S&P 500 company with a total market cap of $16 billion and have been operating as a public company for over 30 years. Approximately 75% of our portfolio is located in Sunbelt markets, with the remainder in Washington, D.C. Metro, Southern California and Denver.

And within our markets, roughly 60% of our assets are located in suburban submarkets and just over 60% would be considered Class B versus Class A and price point. Our markets lead the nation in job growth, population growth, in-migration and overall demand for apartment homes, which has supported record levels of