Camden Property Trust (NYSE:CPT) announced today that it has been ranked #11 on FORTUNE Magazine’s 17th annual “100 Best Companies to Work For” list. This marks the seventh consecutive year that Camden has been included on FORTUNE’s list. The full list and related stories will appear in the February 3, 2014 issue of FORTUNE and can be accessed online now at www.fortune.com/bestcompanies.
“We are honored to be recognized for the seventh consecutive year as one of the best workplaces in America,” said Keith Oden, President of Camden Property Trust. “Our inclusion on this list is a tribute to the hard work and dedication of our 1,800 Camden associates.” To pick the 100 Best Companies to Work For, FORTUNE partners with the Great Place to Work Institute to conduct the most extensive employee survey in corporate America. Two-thirds of a company's score is based on the results of the Institute's Trust Index survey, which is sent to a random sample of employees from each company. The survey asks questions related to their attitudes about management's credibility, job satisfaction, and camaraderie. The other third of the scoring is based on the company's responses to the Institute's Culture Audit, which includes detailed questions about pay and benefit programs and a series of open-ended questions about hiring practices, internal communications, training, recognition programs and diversity efforts.
Camden Property Trust, an S&P 400 Company, is a real estate company engaged in the ownership, development, acquisition, management and disposition of multifamily apartment communities. Camden owns interests in and operates 170 properties containing 59,899 apartment homes across the United States. Upon completion of 12 properties under development, the Company’s portfolio will increase to 63,543 apartment homes in 182 properties.
In addition to historical information, this press release contains forward-looking statements under the federal securities law. These statements are based on current expectations, estimates and projections about the industry and markets in which Camden operates, management's beliefs, and assumptions made by management. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties which are difficult to predict.