diff --git a/CHANGELOG.md b/CHANGELOG.md
index e7a5eb06..9f1dfaf5 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,7 +5,14 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
-## [Unreleased](https://github.com/HubSpot/hubspot-api-python/compare/v7.4.0...HEAD)
+## [Unreleased](https://github.com/HubSpot/hubspot-api-python/compare/v7.5.0...HEAD)
+
+
+## [7.5.0](https://github.com/HubSpot/hubspot-api-python/compare/v7.4.0...v7.5.) - 2023-03-02
+
+ ### Added
+
+- Update models for `crm.properties` API client
 
 
 ## [7.4.0](https://github.com/HubSpot/hubspot-api-python/compare/v7.3.1...v7.4.) - 2023-02-20
diff --git a/VERSION b/VERSION
index ba7f754d..18bb4182 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-7.4.0
+7.5.0