Camden Property Trust Q1 2026 Earnings Call Summary
Camden Property Trust reported first-quarter outperformance due to expense savings and reduced bad debt. The company is exiting Southern California, reinvesting proceeds into Sunbelt markets via 1031 exchanges and share repurchases. Management expects a recovery in the second half of 2026 as new supply declines.
Tickers: $CPT
Topics: apartment_rentals operational_performance real_estate strategic_exit