Camden Property Trust (CPT) risk factors, FY2025 10-K

Camden Property Trust's FY2025 10-K, filed Feb 12, 2026, lists 24 risk factors. Against the prior year's 24: 5 substantially reworded.

Risk factors listed
240 groups
New this year
0vs 24 last year
Dropped
0since the prior 10-K
Substantially reworded
5of those kept
Section length
4k wordsItem 1A

What the changes say

  • Total debt grew from $3.5 billion to $3.9 billion.
  • Projected 2026 development and construction costs were updated.

What changed since the prior 10-K

Reworded

  • 53% rewritten

    A cybersecurity incident and other technology disruptions could negatively impact our business

    Expanded cybersecurity risk disclosures to include potential non-compliance with applicable laws regarding generative artificial intelligence and other advancing technologies.

  • 31% rewritten

    Development, repositions, redevelopment and construction risks could impact our profitability

    Updated 2026 projected costs for three construction projects at $135 million to $155 million, new development at $50 million to $60 million, repositions at $77 million to $81 million, and recurring capital expenditures at $113 million to $117 million.

  • 27% rewritten

    Rising interest rates could increase our borrowing costs, lower the value of our real estate, and decrease our share price, leading investors to seek higher yields through other investments

    Added a commercial paper program as a source of variable rate debt alongside the existing unsecured revolving credit facility.

  • 25% rewritten

    Other weakened economic conditions, including job losses, high unemployment levels, stock market volatility, and uncertainty about the future, could adversely affect rental rates and occupancy levels. Unfavorable changes in economic conditions may have a material adverse impact on our cash flows and operating results

    General wording adjustment regarding increased operating costs and drivers impacting market conditions.

  • 25% rewritten

    We have significant debt, which could have adverse consequences

    Updated total outstanding debt figure to approximately $3.9 billion as of December 31, 2025, and added a commercial paper program to debt restrictions.

All 24 risk factors

Headings as the filing states them, in filing order.

Other

  1. 01Risks Associated with Capital Markets, Credit Markets, and Real Estate
  2. 02Volatility in capital and credit markets, cost increases, or other unfavorable changes in economic conditions, either nationally or regionally in one or more of the markets in which we operate, could adversely impact us
  3. 03Other weakened economic conditions, including job losses, high unemployment levels, stock market volatility, and uncertainty about the future, could adversely affect rental rates and occupancy levels. Unfavorable changes in economic conditions may have a material adverse impact on our cash flows and operating results25% rewritten
  4. 04Short-term leases could expose us to the effects of declining market rents
  5. 05We could be negatively impacted by the risks associated with land holdings and related activities
  6. 06Development, repositions, redevelopment and construction risks could impact our profitability31% rewritten
  7. 07Our inability to successfully implement our development, repositions, redevelopment, and construction strategy could adversely affect our results of operations and our ability to satisfy our financial obligations and pay distributions to shareholders
  8. 08Our acquisition strategy may not produce the cash flows expected
  9. 09Changes in rent control or rent stabilization laws and regulations could adversely affect our operations and property values
  10. 10Failure to qualify as a REIT could have adverse consequences
  11. 11Tax laws may continue to change at any time and any such legislative or other actions could have a negative effect on us
  12. 12A cybersecurity incident and other technology disruptions could negatively impact our business53% rewritten
  13. 13We have significant debt, which could have adverse consequences25% rewritten
  14. 14Insufficient cash flows could limit our ability to make required payments for debt obligations or pay distributions to shareholders
  15. 15Issuances of additional debt may adversely impact our financial condition
  16. 16We may be unable to renew, repay, or refinance our outstanding debt
  17. 17Failure to maintain our current credit ratings could adversely affect our cost of funds, related margins, liquidity, and access to capital markets
  18. 18Share ownership limits and our ability to issue additional equity securities may prevent takeovers beneficial to shareholders
  19. 19The form, timing, and amount of dividend distributions in future periods may vary and be impacted by economic and other considerations
  20. 20Litigation risks could affect our business
  21. 21Damage from catastrophic weather and other natural events could result in losses
  22. 22Competition could adversely affect our ability to acquire properties
  23. 23We could be adversely impacted due to our share price fluctuations
  24. 24Rising interest rates could increase our borrowing costs, lower the value of our real estate, and decrease our share price, leading investors to seek higher yields through other investments27% rewritten

Other Camden Property Trust 10-Ks

  • FY2024 10-K risk factors
    24 risks

    Capital market volatility and economic conditions impact apartment rental rates and occupancy levels.

    Filed Feb 20, 2025

About this page

The headings are the filing's own. The one-line readings and the overview are automated and can be wrong: read Item 1A of the 10-K for the exact wording.