Camden Property Trust Q3 2020 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Neil Lawrence Malkin - Capital One Securities, Inc., Research Division - Analyst : I know Los Angeles/Orange County are some of your tougher markets, but don't worry. I'm sure miraculously they will all open up November 4. First question, with technology that you guys have employed just with the mobile apps and leaned on more heavily because of COVID in terms of how people are leasing and viewing your apartment homes, are there things that maybe you can talk about today that you think that you can bring forward with you when COVID is behind us to sort of gain more efficiency, maybe increase a long-term margin that isn't maybe like onetime in nature?

Question: Neil Lawrence Malkin - Capital One Securities, Inc., Research Division - Analyst : I appreciate that. And maybe just going back to one of Austin's question on development or maybe as a whole, I guess, transaction markets in that context. You obviously started 3 projects. I don't want to call out the end what your completion schedule looks like for your current pipeline. But what's your comfort in accelerating the development, just given the -- what looks like to be a favorable 2022 for deliveries? And then how does that -- I guess what does the transaction market look like from a disposition standpoint just given very favorable pricing with high demand and low interest rates?