Sidley represented BofA Securities and Wells Fargo Securities in connection with Camden Property Trust’s public offering of 2.9 million common shares, for gross proceeds of approximately US$491 million, with an option for the underwriters to buy up to 435,000 additional shares. Camden Property Trust (NYSE: CPT) is a publicly-traded real estate investment trust (REIT) primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities.
The Sidley team was led by partners James O'Connor and Jason A. Friedhoff and senior managing associate Alexander E. Csordas. The Sidley tax team assisting on the transaction was led by partner Dr. Christian Brause and associate Dr. Galya Savir.