HOUSTON, TX - Camden Property Trust announced 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