e424b3
 

Filed Pursuant to Rule 424(b)(3)
Registration No. 333-126046
Prospectus Supplement
To Prospectus Dated July 13, 2005
CAMDEN PROPERTY TRUST
1,871,887 Common Shares of Beneficial Interest
     This prospectus supplement updates the prospectus of Camden Property Trust, dated July 13, 2005, relating to the potential sale from time to time of up to 1,871,887 common shares of beneficial interest by the selling shareholders identified in this prospectus supplement.
     The following table sets forth the number of units or shares held by the selling shareholders as of May 25, 2006, and the maximum number of common shares that may be sold by the selling shareholders. The amounts set forth below are based on information provided to us by the selling shareholders, or on our records, and are accurate to the best of our knowledge. Each unit may be exchanged for one common share, subject to adjustment. In lieu of issuing common shares upon the exchange of the units, we may, at our option, issue cash in an amount equal to the market value of an equivalent number of common shares.
                 
            Maximum Number
    Number of   of Common Shares
Selling Shareholder   Units/Shares Held   to be Sold
Jeffery B. Allen
     57,062       57,062  
Francis Jack Aschinger
     767       767  
Glenn August
     5,427       5,427  
Richard A. Beard, III (1)
     50,892       50,892  
Jerry J. Bonner
     35,262       35,262  
Robert J. Branson
     6,402       6,402  
Cardinal’s Stewardship Appeal (2)
     108       108  
Bernard J. Carl
     6,244       6,244  
William R. Cooper (3)
     358,653       358,653  
Cooper Partners Limited (3)
     38,457       38,457  
Kathy DeGuardiola
     16,000       16,000  
Marjorie Delatour
     16,452       16,452  
Thomas R. Delatour Jr.
     22,164       22,164  
Daniel Doctoroff
     5,427       5,427  
Shannon A. Fairbanks
     5,400       5,400  
Elizabeth E. Fleetwood
     650       650  
Fulcor Investments (4)
     21,899       21,899  
John P. Grayken
     655       655  
Allen Gilbert
     743       743  
Jewish Comunal Fund
     5,427       5,427  
William S. Janes
     26,824       26,824  
Brian F. Lavin
     4,000       4,000  
Little Flower Catholic Church (5)
     50       50  
Lewis A. Levey (6)
     67,805       67,805  
Lewis A. Levey Revocable Trust (6)
     291,887       291,887  
Paragon Gnty Services Ltd Partnership (3)
     30,000       30,000  
Pieces, LLC (4)
     26,955       26,955  
RAB Holdings (1)
     31,479       31,479  
Don Shine
     763       763  
St. Albans Risk Program (7)
     27       27  

 

 

                 
            Maximum Number
    Number of   of Common Shares
Selling Shareholder   Units/Shares Held   to be Sold
Stanford University (9)
     180,074       180,074  
Washington Cathedral (2)
     21       21  
White Oak Royalty Company (8)
     113,193       113,193  
WRC Holdings (3)
     364,829       364,829  
 
                
Total
     1,791,998       1,791,998  
 
                
 
(1)   RAB Holdings is controlled by Richard A. Beard, III.
 
(2)   Controlled by the Archdiocese of Washington.
 
(3)   WRC Holdings, Cooper Partners Limited and Paragon Gnty Services Ltd. Partnership are controlled by William R. Cooper.
 
(4)   Controlled by Bonnie Fuller.
 
(5)   Controlled by its council and pastor.
 
(6)   The Lewis A. Levey Revocable Trust is controlled by Lewis A. Levey.
 
(7)   Controlled by its board of trustees and administrators.
 
(8)   A wholly-owned subsidiary of Metropolitan Life Insurance Company.
 
(9)   Controlled by its board of trustees and administrators.
     This prospectus supplement is not complete without, and may not be delivered or utilized except in connection with, the prospectus dated July 13, 2005, and we have not authorized anyone to deliver or use this prospectus supplement without the prospectus.
The date of this prospectus supplement is May 26, 2006
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