HOUSTON--(BUSINESS WIRE)--
Camden Property Trust (NYSE:CPT) announced today that it has been ranked
#7 on FORTUNE Magazine’s 14th annual “100 Best Companies to
Work For” list. This marks the fourth consecutive year that Camden has
been included on FORTUNE’s list, and Camden’s second consecutive year in
the top 10. The Company was also ranked #3 in the “small company”
category. The full list and related stories will appear in the February
7, 2011 issue of FORTUNE and can be accessed online now at www.fortune.com/bestcompanies.
“We are honored to be recognized once again 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 nearly 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.
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.
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 185 properties containing 63,168 apartment homes across
the United States. Upon completion of three properties under
development, the Company's portfolio will increase to 63,885 apartment
homes in 188 properties.
Source: Camden Property Trust
Contact:
Camden Property Trust
Investors:
Kim Callahan, 713-354-2549
or
Media:
Cindy
Scharringhausen, 713-354-2500