Camden Property reports Q4 FFO $1.74, consensus $1.74

AFFO for the quarter was $1.48. Same property revenues were up 9.9%. As of December 31, 2022, Camden had nearly $1.2 billion of liquidity comprised of approximately $10.7 million in cash and cash equivalents, and over $1.1 billion of availability under its unsecured credit facility. At quarter-end, the Company had $306.7 million left to fund under its existing wholly-owned development pipeline.