Austin, Texas — American Campus Communities (ACC) has provided a COVID-19 interim update on universities’ planned delivery of curriculum for the fall, leasing for the 2020-2021 academic year and progress on rent collections. University Announcements Forty-seven of the 68 universities
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Austin, Texas — American Campus Communities (ACC) has announced financial results for the first quarter of 2020 and provided an update on pre-leasing for the upcoming academic year. The company reported a net income of $80.9 million or $0.58 per
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Austin, Texas— American Campus Communities (ACC) has sold The Varsity, a 901-bed student housing community located near the University of Maryland in College Park, to an undisclosed buyer for $148 million. The company also released a COVID-19 statement, outlining efforts to
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Austin, Texas — American Campus Communities (ACC) has hired Jason Taylor as vice president of public-private partnerships. In his new role, Taylor’s responsibilities will include identifying future university partners and development opportunities, and assisting university leaders in the evaluation of
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Boston — A public-private partnership between American Campus Communities (ACC) and Northeastern University resulted in the opening of LightView in September of this year. The 20-story development is targeting Platinum certification from The U.S. Green Building Council (USGBC), the highest
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Irvine, Calif. — A public-private partnership between American Campus Communities (ACC) and the University of California – Irvine has opened Plaza Verde, a 1,441-bed, on-campus residential tower. The community offers fully furnished units and shared amenities including state-of-the-art fitness centers,
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Austin, Texas — American Campus Communities (ACC) has provided an interim financial update and leasing results for the 2019-2020 academic year. The company anticipates that 2019 Funds from Operations (FFO) will be in the range of $2.61 to $2.63 and
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Riverside, Calif. — The University of California, Riverside (UCR) and American Campus Communities (NYSE: ACC) have broken ground on North District, a mixed-use community anchored by new student housing buildings. The project will be situated on the university’s campus in Riverside, a
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Boston — A public-private partnership between American Campus Communities (ACC) and Northeastern University has opened LightView, an 825-bed residence hall located adjacent to the southeastern border of the university’s campus in Boston. The 20-story development offers four-bedroom units with shared
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Austin, Texas — American Campus Communities has announced financial results for the second quarter of 2019. The company reported a net income attributable to ACC of $10.4 million or $0.07 per fully diluted share, versus $46 million or $0.33 per
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