{"id":11690,"date":"2019-11-01T20:15:54","date_gmt":"2019-11-01T15:15:54","guid":{"rendered":"http:\/\/umang.pk\/2019\/11\/camden-chief-says-houstons-apartment-market-is-not-as-robust-as-hed-like\/"},"modified":"2019-11-01T20:15:54","modified_gmt":"2019-11-01T15:15:54","slug":"camden-chief-says-houstons-apartment-market-is-not-as-robust-as-hed-like","status":"publish","type":"post","link":"https:\/\/umang.pk\/ur\/2019\/11\/01\/camden-chief-says-houstons-apartment-market-is-not-as-robust-as-hed-like\/","title":{"rendered":"Camden chief says Houston&#8217;s apartment market is not as robust as he&#8217;d like"},"content":{"rendered":"<div>\n        <!-- hearst\/article\/types\/story_body_r2.tpl --><\/p>\n<p><!-- gallery --><\/p>\n<div class=\"asset_gallery\" data-config-asset-position=\"1\" data-gid=\"gallery\"><!-- gallery float --><\/p>\n<p>                        <!-- hearst\/gallery\/main.tpl --><\/p>\n<div class=\"hst-resgallery-container non-grid three-wide\" data-id=\"article-gallery-14798321\" data-title=\"Camden chief says Houston's apartment market is not as robust as he'd like\" data-gallery-mode=\"standard\">\n<div class=\"hst-resgallery-wedge\">\n<ul class=\"hst-resgallery non-grid\">\n<li class=\"hst-resgalleryitem \" data-item-id=\"photo-16733715\" data-frame-index=\"0\">\n<div class=\"img-wrap landscape\">\n        \n    <\/div>\n<div class=\"caption \">\n        <!-- design\/gallery\/caption_redesign.tpl --><\/p>\n<div class=\"caption-full\">\n<p>Camden McGowen Station Apartments by Midtown Park in Houston on Sunday, January 6, 2019.<\/p>\n<\/div>\n<div class=\"caption-truncated\">\n<p>Camden McGowen Station Apartments by Midtown Park in Houston on Sunday, January 6, 2019.<\/p>\n<\/div>\n<p>    <!-- e design\/gallery\/caption_redesign.tpl --><\/p>\n<p>        <!-- design\/gallery\/caption_redesign.tpl --><br \/>\n                                                                <span class=\"credit\">                                                                                                                                                                                                                                                Photos: Marie D. De Jes\u00fas, Houston Chronicle \/ Staff Photographer<br \/>\n                                                    <\/span><\/p>\n<p>    <!-- e design\/gallery\/caption_redesign.tpl --><\/p><\/div>\n<\/li>\n<\/ul><\/div>\n<div class=\"hst-resgallerynav small hidden\">\n<div class=\"carousel\">\n<ul class=\"clearfix\">\n<li class=\"thumb selected\" data-frame-index=\"0\"><img decoding=\"async\" src=\"http:\/\/umang.pk\/wp-content\/uploads\/2019\/11\/1572825385_886_Camden-chief-says-Houstons-apartment-market-is-not-as-robust.jpg\" class=\"icon-thumb\" alt=\"Picture\" title=\"\"><\/li>\n<\/ul><\/div>\n<\/p><\/div>\n<div class=\"control-panel\">\n\t\t<span id=\"gallerySection\" data-gallery-section=\"\"\/><\/p>\n<div class=\"control-panel-inner\">\n<div class=\"control-bar\">\n<div class=\"control-bar-left\">\n<p>\n                                                    <!-- design\/gallery\/caption_redesign.tpl --><br \/>\n                                                                <span class=\"credit\">                                                                                                                                                                                                                                                Photos: Marie D. De Jes\u00fas, Houston Chronicle \/ Staff Photographer<br \/>\n                                                    <\/span><\/p>\n<p>    <!-- e design\/gallery\/caption_redesign.tpl --><\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"caption\">\n<div class=\"caption-remote\">\n                                            <!-- design\/gallery\/caption_redesign.tpl --><\/p>\n<div class=\"caption-full\">\n<p>Camden McGowen Station Apartments by Midtown Park in Houston on Sunday, January 6, 2019.<\/p>\n<\/div>\n<div class=\"caption-truncated\">\n<p>Camden McGowen Station Apartments by Midtown Park in Houston on Sunday, January 6, 2019.<\/p>\n<\/div>\n<p>    <!-- e design\/gallery\/caption_redesign.tpl --><br \/>\n<!-- design\/gallery\/caption_redesign.tpl --><br \/>\n                                                                <span class=\"credit\">                                                                                                                                                                                                                                                Photos: Marie D. De Jes\u00fas, Houston Chronicle \/ Staff Photographer<br \/>\n                                                    <\/span><\/p>\n<p>    <!-- e design\/gallery\/caption_redesign.tpl --><\/p><\/div>\n<\/p><\/div>\n<p>            <!-- hearst\/ads\/medium_rectangle_ad_gallery.tpl --><\/p>\n<p><!-- e hearst\/ads\/medium_rectangle_ad_gallery.tpl -->\t\t<\/div>\n<\/p><\/div>\n<div class=\"gallery-overlay-outer gallery-overlay-outter lights-on hidden\">\n<div class=\"gallery-overlay-inner\">\n<div class=\"gallery-overlay-title-container\">\n<p>Camden says Houston&#39;s apartment market is not as powerful as it wants.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p><!-- e hearst\/gallery\/main.tpl -->                                    <\/div>\n<p><!-- \/gallery float --><br \/>\n                                <!-- fixed --><\/p>\n<p>                        <!-- text --><\/p>\n<p>Ric Campo, chairman and CEO of the apartment developer Camden Property Trust in Houston, said that this year, the local apartment market was not as good as expected.<\/p>\n<p>    <!-- text --><\/p>\n<p>He said the country&#39;s immigration rate dropped significantly despite job growth and unemployment.<\/p>\n<p>    <!-- text --><\/p>\n<p>\u201cThe unemployment rate is low everywhere,\u201d Campo called at the Friday morning conference to discuss the company&#39;s third quarter financial performance with investors. This week, Camden&#39;s third-quarter net income was $ 43.6 million (44 cents per share), compared with $ 389 million (40 cents) a year earlier.<\/p>\n<p>    <!-- zone --><\/p>\n<p>                    <!-- text --><\/p>\n<p>Campo said that, thanks to this trend, many new jobs here were filled with people with homes or apartments already living in Houston.<\/p>\n<p>    <!-- fixed --><\/p>\n<p>            <!-- fixed --><br \/>\n                                <!-- hearst\/ads\/duplicatable.tpl --><\/p>\n<p><!-- \/ hearst\/ads\/duplicatable.tpl -->            <!-- text --><\/p>\n<p><strong>Related: Heinz Acquires Landmark Office Tower<\/strong><\/p>\n<p>    <!-- text --><\/p>\n<p>About 11{7be40b84a6a43fc4fae13304fce9a2695859798abfc41afd127b9f8b21c5f9c5} of Camden&#39;s portfolio is in Houston, and Campo calls it &quot;the big long-term market.&quot;<\/p>\n<p>    <!-- text --><\/p>\n<p>The Real Estate Investment Trust owns and operates a stake in 165 multi-family properties of 56,271 homes across the United States. Seven properties are under development, including 271 towers in downtown Houston.<\/p>\n<p>    <!-- text --><\/p>\n<p>Campo said downtown and Green Way Plaza Mayors were &quot;slug fests.&quot; The landlord will give you at least 1 month free rent in your area.<\/p>\n<p>    <!-- text --><\/p>\n<p>&quot;We will definitely be in the same concession market,&quot; he said.<\/p>\n<p>    <!-- text --><\/p>\n<p><strong>Related: Allen Parkway Tower Breaks Ground<\/strong><\/p>\n<p>    <!-- text --><\/p>\n<p>Camden leases 100 units to evade possession. <strong>Short term home operator Why Hotel<\/strong>.<\/p>\n<p><!-- e hearst\/article\/types\/story_body_r2.tpl -->    <\/div>\n<\/pre>\n<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Camden McGowen Station Apartments by Midtown Park in Houston on Sunday, January 6, 2019. Camden McGowen Station Apartments by Midtown Park in Houston on Sunday, January 6, 2019. Photos: Marie D. De Jes\u00fas, Houston Chronicle \/ Staff Photographer Photos: Marie D. De Jes\u00fas, Houston Chronicle \/ Staff Photographer Camden McGowen Station Apartments by Midtown Park [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11691,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11690","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/posts\/11690","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/comments?post=11690"}],"version-history":[{"count":0,"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/posts\/11690\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/umang.pk\/ur\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/media?parent=11690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/categories?post=11690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/umang.pk\/ur\/wp-json\/wp\/v2\/tags?post=11690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}