Camden Property Trust · NYSE:CPT
Camden Property Trust — Debt Investor Presentation (March 2025)
8 slides from Camden Property Trust's debt investor presentation, March 2025
Slide 1: Fixed Income Investor Presentation March 2025
Fixed Income Investor Presentation March 2025 Camden Long Meadow Farms Richmond, TX
Slide 2: Disclaimer
Camden Long Meadow Farms Richmond, TX Disclaimer This presentation is not, and does not constitute, an offer to sell or the solicitation, invitation or recommendation to purchase any securities and neither this presentation nor anything contained herein shall form the basis of any contract or commit
Slide 3: 4Q24 Highlights
4Q24 Highlights • Reported Core FFO per diluted share of $6.85 and Core AFFO per diluted share of $5.88 for 2024 • Reported Same property revenue growth for 2024 of 1.3% and NOI growth of 1.1% • Continued leasing activity at three development communities • Camden Durham, a 420-unit community in Durh
Slide 4: Strong Capital Structure
Strong Capital Structure ($ in millions – as of 02/28/25) Total Market Cap = $17B • $0.7B available under $1.2B unsecured credit facility Unsecured Senior Term Loans • Unencumbered asset pool of $40 Unsecured Notes approximately $17B $2,939 Unsecured • 91.2% unsecured debt Credit • 73.2% fixed rate
Slide 5: Manageable Debt Maturities
Manageable Debt Maturities ($ in millions – as of 02/28/25) Future Scheduled Maturities* $1,600 $1,450 $1,200 $800 $570 $532 $600 $400 $175 $0 2025 2026 2027 2028 2029 2030+ Unsecured Debt Secured Debt *Excluding Unsecured Credit Facility Percentage of Total 0.0% 17.1% 5.3% 16.0% 18.0% 43.6% Maturit
Slide 6: Covenants, Ratios, & Ratings
Covenants, Ratios, & Ratings Unsecured Bond Covenants & Ratios 4Q24 3Q24 2Q24 1Q24 Covenant Total Consolidated Debt to Total Asset Value 25% 25% 26% 26% ≤ 60% Total Secured Debt to Total Asset Value 2% 2% 2% 2% ≤ 40% Total Unencumbered Asset Value to Total Unsecured Debt 391% 394% 381% 377% ≥ 150% C
Slide 7: Non-GAAP Financial Measures Definitions & Reconciliations
Non-GAAP Financial Measures Definitions & Reconciliations This document contains certain non-GAAP financial measures management believes are Net Operating Income (NOI) useful in evaluating an equity REIT's performance. Camden's definitions and calculations of NOI is defined by the Company as propert
Slide 8: Camden
CAMDEN.™
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