Apartment landlord gives $5M to struggling renters

By Rebekah L. Sanders | The Republic

A major U.S. apartment landlord with complexes across the Valley offered $5 million in assistance Monday to residents struggling financially during the coronavirus crisis.

It was snapped up in 16 minutes.

The $2,000-per-person donations went to more than 2,500 tenants around the country who applied for help, said Ric Campo, Camden Property Trust chief executive.

The company operates 159 apartment buildings, including a dozen in Arizona such as Camden Copper Square in downtown Phoenix, Camden Chandler and Camden Old Town Scottsdale.

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