Camden Property Trust owns and operates apartment communities concentrated in Sunbelt markets across the southern and southwestern United States, including cities like Houston, Dallas and Atlanta. As a real estate investment trust, the company distributes most of its taxable income to shareholders as dividends, generating revenue from apartment rental income across its portfolio of owned communities. Camden's Sunbelt market focus differs from apartment REITs concentrated in expensive coastal gateway cities, instead targeting markets that have generally seen stronger population and job growth alongside relatively more affordable housing costs. The company's rental income and property values are sensitive to population migration trends toward Sunbelt states, job growth in its target metropolitan markets, and broader interest rate trends that affect both its cost of capital and the relative attractiveness of renting versus homeownership for its tenant base.