Camden Property Trust ( CPT)

Q3 2011 Earnings Call

November 4, 2011, 12:00 p.m. ET


Kim Callahan – VP, IR

Ric Campo –Chairman and CEO

Keith Oden – President

Dennis Steen – CFO


Eric Wolfe – Citi

Alex Goldfarb – Sandler O’Neill

Jay Habermann – Goldman Sachs

Dave Bragg – Zelman & Associates

Richard Anderson – BMO Capital Markets

Paula Poskon – Robert. W. Baird & Co.

Mike Salinsky – RBC Capital Markets



Good afternoon, and welcome to the Camden Property Trust Third Quarter 2011 Earnings Conference Call and Webcast. 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, VP Investor Relations. Ms. Callahan, please go ahead.

Kim Callahan

Good morning, and thank you for joining Camden’s third quarter 2011 earnings conference call.

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.

As a reminder, Camden’s complete third quarter 2011 earnings release is available in the Investor Relations section of our website at and it includes reconciliations to non-GAAP financial measures, which will be discussed on this call.

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