In the latest episode of the NAREIT Podcast, Bill Bayless, president and CEO of American Campus Communities, Inc. (NYSE: ACC), discussed the start of the student housing REIT’s 100th property and looked at the evolution of the sector.
American Campus broke ground in July on its 100th property, U Club Sunnyside at West Virginia University. The new facility will house 536 beds for university students.
“It’s a special milestone for the company,” Bayless said.