APP. E4				REGULATION OF
INVESTMENT ADVISORS

CUSIP No._133131102	13G
			Page______of______Pages
_____________________________________________________
___________________
1.  NAME OF REPORTING PERSON
     S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
		CRA Real Estate Securities, LP
		232802869
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)____
(b)____
3. SEC USE ONLY

4. CITIZENSHIP OR PLACE OF ORGANIZATION
259 N. Radnor Chester Road, Suite 205 Radnor, PA
19087

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH


5. SOLE VOTING POWER
1,020,515 shares, sole voting power
6. SHARED VOTING POWER
No shares under shared voting power
7. SOLE DISPOSITIVE POWER
1,534,775 shares, sole dispositive power
8. SHARED DISPOSITOVE POWER
47,700 shares, shared dispositive power


9. AFFREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
1,582,475 shares
10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES*

11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
3.9%
12.  TYPE OF REPORTING PERSON*
IA


















SCHEDULE 13G						APP.
E4

			              UNITED STATES
		  SECURITIES AND EXCHANGE COMMISSION
			WASHINGTON, D.C.  20549



				SCHEDULE 13G

			Under the Securities Exchange Act
of 1934
				(Amendment No _______)*
			      Camden Property Trust
				(Name of Issuer)
				Common Stock
			          (Title of Class of
Securities)
				     133131102
				(Cusip Number)

Check the following box if a fee is being paid with
this statement ____.
(A fee is not required only if the filing person: (1)
has a previous statement
on
file reporting beneficial ownership of more than five
percent of the class of
securities
described in Item 1 and 2 has filed no amendment
subsequent thereto reporting
beneficial ownership of five percent or less of such
class.)  (See Rule 13d-7).

The remainder of this cover page shall be filled out
for a reporting person's
initial
filing on this form with respect to the subject class
of securities, and for any
subsequent
amendment containing information which would alter
the disclosures provided in a
prior
cover page.

The information required in the remainder of this
cover page shall not be deemed
to be
filed for the purpose of Section 18 of the Securities
Exchange Act of 1934
Act or
otherwise subject to the liabilities of that section
of the Act but shall be
subject to all other
provisions of the Act (however, see the Notes).












Sec 1745 (6-88)



					E4-1



Items
Item 1
(a) Camden Property Trust
(b)  3 Greenway Plaza, Suite 1300
       Houston, Texas 77046


Item 2
(a) CRA Real Estate Securities, L.P.
(b) 259 N. Radnor-Chester Road, Suite 205
Radnor, PA  19087
(c) N/A
(d) Common Stock
(e) 133131102

Item 3
(e) Investment Adviser registered under section 203
of the Investment
(f) Advisers Act of 1940

Item 4
(a) 1,582,475 shares
(b) 3.9%
(c)
(i.) 1,020,515 shares, sole voting power
(ii.) No shares under shared voting power
(iii.) 1,534,775 shares, sole dispositive power
(iv.) 47,700 shares, shared dispositive power

Item 5
N/A

Item 6
N/A

Item 7
N/A

Item 8
N/A

Item 9
N/A

Item 10
T. Ritson Ferguson, President