HUD considers a house to be affordable if the cost of the total rent or mortgage plus utilities are ~30% or lower of the household’s annual income. This relates to a family of four earning at or below 80% of the area median income.
Camden Property Trust’s portfolio occupancy rate inched up marginally by 0.1% year-over-year, reaching 96% in 3Q15. In 4Q15, its occupancy rate may likely be around the same level.
ETFs are a convenient way for investors to build a portfolio that meets specific asset allocation needs. Camden Property Trust (CPT) sees allocation in most of the REIT-specific ETFs.
Camden’s strategic initiatives include selective opportunities to enhance its geographically diverse portfolio of assets that meets the requirements of its residents.
Camden Property Trust’s (CPT) focus on property acquisitions and dispositions bodes well for its healthy growth. Its average monthly revenue has improved significantly over the past several years.
The distribution of properties in the attractive US markets reflects Camden Property Trust’s geographic diversification strategy to take advantage of the growth in prime regional markets.
Camden Property Trust has restructured its portfolio over the past four years through strategic capital recycling and internal growth from its operating portfolio.
Camden Property Trust (CPT) is the fifth largest apartment REIT in the United States. At the end of fiscal 2014, it had 181 multifamily properties comprised of 63,163 apartment homes.
AIMCO’s (AIV) EV-EBITDA multiple shows that it’s in line with its historical valuation. Over the last seven years, its EV-EBITDA was 10.5 to 18.2x, with a current EV-EBITDA multiple of 16.9x.
Historically, a lower-than-average price-to-FFO multiple for AIMCO (AIV) shows it couldn’t provide consistent capital value return to investors in spite of a higher dividend yield than some of its peers.
At the end of fiscal 2014, AIMCO’s (AIV) consolidated debt was $4.1 billion, down 5.8% over 2013. Over the last five years, AIMCO’s total debt has declined from $5.2 billion.
AIMCO has a diversified renter base. The average age of AIMCO’s residents is 36 years. Around 38% of AIMCO’s renters are between the ages of 18 and 30 years.
Apartment Investment & Management Company (or AIMCO) (AIV) is a self-administered, self-managed REIT. It’s one of the largest owners and operators of apartment communities in the United States.
A closer look at UDR’s EV/EBITDA multiple shows that, over the last seven years, UDR’s EV/EBITDA was 12.9x–23.8x. Its current EV/EBITDA is around 22.3x.
ETFs are a convenient way for portfolio diversification across a number of asset classes. ETFs mirror the performance of an entire market in a single trade.
Essex Property Trust merged with BRE Properties for the opportunity to acquire a highly complementary apartment portfolio concentrated in its target markets.
AvalonBay Communities acquired ~40% of Archstone’s assets and liabilities, which the company saw as an opportunity to expand its presence across major US markets.
A higher price-to-FFO multiple for AvalonBay Communities meant that it provided consistent capital value return along with reliable dividend yield to investors.
AvalonBay Communities is a REIT focused on developing, redeveloping, acquiring, and managing high-quality apartment communities in high barrier-to-entry US markets.
ETFs allow investors to build a portfolio that meets specific asset allocation needs. Investors can obtain portfolio diversification across a number of asset classes.
Equity Residential’s debt-to-equity ratio reached its high of 1.96 in 2008. Since then, it has fallen consistently from 1.72 in 2009 to 0.96 as of June 2015.
