3 Apartment REITs to Buy for Passive Income Before July Ends
Multifamily supply is falling off a cliff, and three apartment REITs are paying dividends this month before most investors notice the setup has changed.
Headquartered in Houston, TX Fiscal year ends December NYSE: CPT camdenliving.com
Camden Property Trust is an S&P 500 real estate investment trust (REIT) primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities across the United States. The company owns and operates 167 properties containing 56,695 apartment homes, with 3 properties currently under development that will expand the portfolio to 57,857 apartment homes in 170 properties. Camden's markets include major Sun Belt and growth markets such as Houston, Dallas, Austin, Phoenix, Atlanta, Southeast Florida, Orlando, Tampa, Denver, Charlotte, Raleigh, Nashville, and the D.C. Metro area. In July 2026, the company completed the sale of its entire California portfolio of 11 communities for approximately $1.625 billion, refocusing its geographic footprint. The company also maintains an active development pipeline of four future communities totaling 2,095 projected homes at an estimated cost of $868 million. Camden holds investment-grade credit ratings (A-/A3/A-) with stable outlooks from Fitch, Moody's, and Standard & Poor's. Camden trades on the NYSE under the ticker CPT. Updated
Multifamily supply is falling off a cliff, and three apartment REITs are paying dividends this month before most investors notice the setup has changed.
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Camden Property Trust is an S&P 500 real estate investment trust (REIT) primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities across the United States.
The Wall Street consensus 12-month price target for CPT is $115.42.