$53.0 Million RealPage Class Action Settlement
Camden executed a definitive settlement agreement to resolve the RealPage class action litigation for $53.0 million, paying the first installment of $26.5 million in Q2 FY2026 and scheduling the remaining $26.5 million installment for Q3 2026.
Substantial Portfolio Repositioning and $1.6B California Asset Sale
In the six months ended June 30, 2026, Camden acquired five operating properties for $449.3M and sold one operating property in Irving, TX for $77.0M (recognizing a $67.9M gain). Additionally, 11 California properties with net real estate assets of $625.3M were held for sale at quarter-end and subsequently sold in July 2026 for approximately $1.6B.
Development Pipeline and Construction Commitments
Camden had three properties under construction comprising 1,162 apartment homes with a total estimated cost of $492.0M ($351.9M incurred through June 30, 2026, leaving $140.1M remaining to complete).