Camden Property Trust (CPT) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.177 Good morning and welcome to Camden Property Trust's fourth quarter 2025 earnings conference 00:00:05.177 -- 00:00:09.763 call. I'm Kim Callahan, Senior Vice President of Investor Relations. 00:00:09.763 -- 00:00:14.909 Joining me today for our prepared remarks are Rick Campo, Camden's Chairman and Chief 00:00:14.909 -- 00:00:20.455 Executive Officer, Keith Oden, Executive Vice Chairman, and Alex Jessett, 00:00:20.455 -- 00:00:25.541 President and Chief Financial Officer. We also have Lori Baker, Chief Operating 00:00:25.541 -- 00:00:30.753 Officer, and Stanley Jones, Senior Vice President of Real Estate Investments, available 00:00:30.753 -- 00:00:35.759 for the Q&A portion of our call. Today's event is being webcast through the Investors 00:00:35.759 -- 00:00:39.003 section of our website at camdenliving.com, 00:00:39.003 -- 00:00:43.187 and a replay will be available shortly after the call ends. 00:00:43.187 -- 00:00:46.171 And please note, this event is being recorded. 00:00:46.171 -- 00:00:50.135 Before we begin our prepared remarks, I would like to advise everyone that we will be 00:00:50.135 -- 00:00:54.858 making forward-looking statements based on our current expectations and beliefs. 00:00:54.858 -- 00:00:59.884 These statements are not guarantees of future performance and involve risks and uncertainties 00:00:59.884 -- 00:01:04.330 that could cause actual results to differ materially from expectations. 00:01:04.330 -- 00:01:08.776 Further information about these risks can be found in our filings with the SEC and we 00:01:08.776 -- 00:01:13.882 encourage you to review them. Any forward-looking statements made on today's call represent 00:01:13.882 -- 00:01:19.369 management's current opinions and the company assumes no obl...