Camden property trust

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  • Publié le : 22 septembre 2010
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I – Introduction
A – Brief History
Structured as a Real Estate Investment Trust (REIT) in 1993, Camden Property Trust is an American company which owns, develops, rents, and manages multifamilyresidential apartment communities, in ten different states within the USA. Thanks to a merger on April 1997, Camden Property Trust acquired Paragon Group, Inc, a Real Estate Investment Trust based inDallas. In the following year, the company kept growing and completed a merger with Oasis Residential Inc. After completed a countrywide marketing alliance with Compaq that allowed Camden to purchasecomputer hard and software at lower prices in 1999, the company engaged in a similar contract with At&t. Therefore, all Camden residents could benefit from At&t communication services in the Camden’sleasing offices. In 2003, Camden property Trust celebrated its ten-year anniversary as a public company. Two years later, the company announced a merger with the Summit Property, Inc, specialized in themanagement of luxury apartment communities. In 2007, Camden acquired two new properties: Camden South congress located in Austin, Texas and Camden Royal Palm in Brandon, Florida. These 252 and353-appartment home community contributed to a significant extension of the company’s business portfolio. As Internet has a great ability to deliver qualified leads, Camden property trust invested $1millionin on July, 2, 2009. This new partnership will allow Camden to reduce its marketing and operating cost while making people’s rental search easier, faster and more interactive.

B-Location of Corporate Headquarters
Camden’s head office is located in Houston, Texas. 3 Greenway Plaza Suite. 1300 Houston, TX 77046 United States.

C- Structure of the company
As mentioned earlier,Camden Property Trust is a large public decentralized company structured as a Real Estate Investment Trust and headquartered in Houston, Texas. Camden’s business portfolio consists of 182 middle to...
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