Student Housing REIT American Campus Communities Fortifying Balance Sheet
Bill Bayless, president and CEO of American Campus Communities (NYSE: ACC), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
American Campus Communities develops, owns and manages student housing communities at 96 campuses throughout the United States.
American Campus Communities CEO Sees Growing Demand for Study Space
Bill Bayless, president and CEO of American Campus Communities, Inc. (NYSE: ACC), joined REIT.com for a CEO Spotlight video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.
In August, American Campus celebrated its 100th student housing development with the construction of U Club Sunnyside, an off-campus community serving students attending West Virginia University (WVU). Bayless said the event had special significance for him because he graduated from WVU.
Campus Crest Agrees to Sale to Private Equity Firm
Student housing REIT Campus Crest Communities, Inc. (NYSE: CCG) announced Oct. 16 that it has agreed to be purchased by affiliates of the private equity firm Harrison Street Real Estate Capital, LLC in a deal valued at approximately $ 1.9 billion.
American Campus Breaks Ground on 100th Property
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.