N@N

American Campus Communities Announces Interactive Annual Review

^{Published on 2011-04-13 14:20:28 - Market Wire}
 

AUSTIN, Texas--([ BUSINESS WIRE ])--American Campus Communities, Inc. (NYSE:ACC), one of the largest owners, managers and developers of high-quality student housing properties in the U.S., announced today the online availability of its 2010 Annual Review.

"We also committed to delivering external growth--expanding our portfolio and creating value under our diversified investment platform. And we met this goal, adding 21 new properties through acquisition and development totaling $605 million."

The "Exceeding Expectations" interactive micro-site showcases a year of positive results achieved through ACCa™s diligent execution of its investment and operational strategies.

aLast year we said wea™d increase internal value. And we did--growing same-store occupancy by nearly 250 basis points, improving rental rates, and increasing same-store NOI by nearly 7%,a said Bill Bayless, ACC president and CEO. aWe also committed to delivering external growth--expanding our portfolio and creating value under our diversified investment platform. And we met this goal, adding 21 new properties through acquisition and development totaling $605 million.a

This is the companya™s third year producing the interactive review, which targets investors and university clients. To view and share the micro-site, visit [ www.americancampus.com ] and click on the Featured Video.

About American Campus Communities

American Campus Communities, Inc. is one of the largest developers, owners and managers of high-quality student housing communities in the United States. The company is a fully integrated, self-managed and self-administered equity real estate investment trust (REIT) with expertise in the design, finance, development, construction management, and operational management of student housing properties. American Campus Communities owns 103 student housing properties containing approximately 64,600 beds. Including its owned, joint venture and third-party managed properties, ACC's total managed portfolio consists of 138 properties with approximately 89,400 beds. Visit [ www.americancampus.com ].

Forward-Looking Statements

In addition to historical information, this press release contains forward-looking statements under the federal securities law. These statements are based on current expectations, estimates and projections about the industry and markets in which American Campus operates, management's beliefs, and assumptions made by management. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict.