Exhibit 8.1
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 | | | | Dentons US LLP 2000 McKinney Avenue Suite 1900 Dallas, TX 75201-1858 United States dentons.com |
April 12, 2022
Camden Property Trust
11 Greenway Plaza, Suite 2400
Houston, Texas 77046
Ladies and Gentlemen:
We are acting as counsel for Camden Property Trust, a Texas real estate investment trust (the “Company”), connection with the issuance and sale by the Company of 2,900,000 common shares of beneficial interest (the “Underwritten Shares”), par value $0.01 per share (the “Common Shares”), and an additional 435,000 Common Shares (together with the Underwritten Shares, the “Shares”) pursuant to an option granted by the Company pursuant to the Underwriting Agreement (as defined below), pursuant to the prospectus supplement dated April 7, 2022 (the “Prospectus Supplement”) supplementing the prospectus dated May 14, 2020 (the “Base Prospectus”) that forms part of the Company’s Registration Statement on Form S-3 (File No. 333-238249) (the “Registration Statement”) filed by the Company with the Securities and Exchange Commission (the “SEC”) under the Securities Act of 1933, as amended (the “Securities Act”). The Shares are to be sold pursuant to the Underwriting Agreement (the “Underwriting Agreement”) dated April 7, 2022 between the Company, on one hand, and BofA Securities, Inc. and Wells Fargo Securities, LLC, on the other hand.
These opinions are delivered to you in our capacity as counsel to Camden Property Trust (the “Company”) in connection with the issuance and sale by the Company of 2,900,000 common shares of beneficial interest, par value $0.01 per share (the “Common Shares”), and an additional 435,000 Common Shares pursuant to an option granted by the Company pursuant to the Underwriting Agreement dated April 7, 2022 between the Company, on one hand, and BofA Securities, Inc. and Wells Fargo Securities, LLC, on the other hand, pursuant to the prospectus supplement dated April 7, 2022 supplementing the prospectus dated May 14, 2020 that forms part of the Company’s Registration Statement on Form S-3 (File No. 333-238249) (the “Registration Statement”) filed by the Company with the Securities and Exchange Commission under the Securities Act of 1933, as amended.
In rendering the following opinions, we have examined the Declaration of Trust and Bylaws of the Company and such other records, certificates and documents as we have deemed necessary or appropriate for purposes of rendering the opinions set forth herein.
We have relied upon the factual representations of officers of the Company that the Company has been and will be owned and operated in such a manner that the Company has and will continue to satisfy the requirements for qualification as a REIT under the Code. We assume that the Company has been and will be operated in accordance with applicable laws and the terms and conditions of applicable documents. In addition, we have relied on certain additional facts and assumptions described below.
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