Camden Property Trust (NYSE:CPT) Q3 2023 Earnings Conference Call October 27, 2023 11:00 AM ET

Company Participants

Kim Callahan – Senior Vice President-Investor Relations

Ric Campo – Chairman and Chief Executive Officer

Keith Oden – Executive Vice Chairman and President

Alex Jessett – Chief Financial Officer

Conference Call Participants

Michael Goldsmith – UBS

Brad Heffern – RBC Capital Markets

Haendel St. Juste – Mizuho

Austin Wurschmidt – KeyBanc Capital Markets

Eric Wolfe – Citi

Joshua Dennerlein – Bank of America

Steve Sakwa – Evercore ISI

John Kim – BMO Capital Markets

Rich Anderson – Wedbush

Connor Mitchell – Piper Sandler

Wes Golladay – Baird

Robin Lu – Green Street

Operator

Good day, and welcome to the Camden Property Trust’s Third Quarter 2023 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the conference over to Kim Callahan, Senior Vice President of Investor Relations. Please go ahead.

Kim Callahan

Good morning and welcome to Camden Property Trust third quarter 2023 earnings conference call. I’m Kim Callahan, Senior Vice President of Investor Relations. Joining me today are Ric Campo, Camden’s Chairman and Chief Executive Officer; Keith Oden, Executive Vice Chairman and President; and Alex Jessett, Chief Financial Officer. Today’s event is being webcast through the Investors section of our website at camdenliving.com, and a replay will be available this afternoon.

We will have a slide presentation in conjunction with our prepared remarks and those slides will also be available on our website later today or by email upon request. All participants will be in listen-only mode during the presentation with an opportunity to ask questions afterward. Before we begin our prepared remarks, I would like to advise everyone that we will be making forward-looking statements based on our current expectations and beliefs. These statements are not guarantees of future performance and involve risks and uncertainties that could cause actual results to differ materially from expectations.

Further information about these risks can be found in our filings with the SEC, and we encourage you to review them. Any forward-looking statements made on today’s call represent management’s current opinions, and the company assumes no obligation to update or supplement these statements because of subsequent events. As a reminder, Camden’s complete third quarter 2023 earnings release is available in the Investors section of our website at camdenliving.com, and it includes reconciliations to non-GAAP financial measures, which will be discussed on this call. We would like to respect everyone’s time and complete our call within one hour, as there are other multifamily companies hosting calls later today. Please limit your initial question to one, then rejoin the queue if you have additional items to discuss. If we are unable to speak with everyone in the queue today, we’d be happy to respond to additional questions by phone or email after the call concludes.