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Stock impact report

Camden looks to become more aggressive in 2025 [Yahoo! Finance]

Camden Property Trust (CPT) 
Last camden property trust earnings: 1/30 04:20 pm Check Earnings Report
US:NYSE Investor Relations: investors.camdenliving.com
Company Research Source: Yahoo! Finance
Once again, the executives at Camden Property Trust began their quarterly earnings call with a song. In their meeting with analysts earlier this month to discuss fourth-quarter 2024 results , the Houston-based REIT's leaders went with “Time to Move On” by Tom Petty. As always, there was a message behind the song choice. “After a few years of waiting, somewhat impatiently, for better investment opportunities in our markets, we believe 2025 is the year for Camden to move on,” CEO Ric Campo said. With new supply pressure subsiding, it should set the stage for a return to improved revenue and net operating income growth, according to Campo. “As the headwinds in recent years turn into tailwinds in 2025 and beyond, there are attractive opportunities for us to continue development starts and to pursue acquisitions,” he said. Campo compared this period to the time following the global financial crisis of 2007-2009 when the REIT acquired $2.7 billion in apartments with an average age of Show less Read more
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