Question · Q4 2025
Yann Gallen asked for clarification on the timing of 1031 exchange acquisitions and share buyback activity, particularly in the context of the Southern California portfolio sale, to understand the net capital deployment for the year.
Answer
President and CFO Alex Jessett clarified that the California sale, $1.1 billion Sun Belt redeployment, and $650 million share repurchases are expected to be net neutral to 2026 guidance. He anticipates the California sale and redeployment mid-year, with share repurchases front-loaded due to the stock's perceived value.
Ask follow-up questions
Fintool can predict
CPT's earnings beat/miss a week before the call