Camden Property Trust Announces Participation in BofA Securities 2024 Global Real Estate Conference and Provides Third Quarter 2024 Operating Update
The Company also provided operating statistics for third quarter 2024 as detailed below.
Same Property Occupancy |
1Q24 |
2Q24 |
3Q24* |
Occupancy |
95.0% |
95.3% |
95.6% |
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Same Property New Lease and Renewal Data – Date Signed(1) |
1Q24 |
2Q24 |
3Q24* |
New Lease Rates |
(4.1)% |
(1.8)% |
(2.4)% |
Renewal Rates |
3.4% |
3.7% |
3.7% |
Blended Rates |
(0.9)% |
0.8% |
0.4% |
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Same Property New Lease and Renewal Date – Date Effective(2) |
1Q24 |
2Q24 |
3Q24* |
New Lease Rates |
(4.4)% |
(2.6)% |
(1.9)% |
Renewal Rates |
3.8% |
3.3% |
3.8% |
Blended Rates |
(1.1)% |
0.0% |
1.0% |
(1) Average change in same property new lease and renewal rates vs. expiring lease rates when signed. |
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(2) Average change in same property new lease and renewal rates vs. expiring lease rates when effective. |
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* 3Q24 data through 8/31/24. |
For additional information, please contact Camden’s Investor Relations Department at (713) 354-2787 or access our website at camdenliving.com.
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