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American Campus Communities Inc's Business Segments
American Campus Communities Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q1 FY2022
Reportable Segments
5
Largest Segment
Owned Properties
Total Revenue
$ 274
Regions Reported
-
Revenue Share by Reportable Segment - Q1 FY2022
- Owned Properties92.6%
- On Campus Participating Properties3.9%
- Development Services2.5%
- Property Management Services1.1%
- Corporate and Unallocated0.1%
Revenue by Reportable Segment - Q1 FY2022
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Owned Properties | $ 253 | 92.6% |
| On Campus Participating Properties | $ 11 | 3.9% |
| Development Services | $ 7 | 2.5% |
2 more segments available
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Revenue by Product & Service Category - Q1 FY2022
- Management Service1.1%
Revenue by Product & Service Category - Q1 FY2022
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Management Service | $ 3 | 1.1% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of American Campus Communities Inc
American Campus Communities Inc is a publicly-traded real estate investment trust (REIT) that specializes in building, managing, and owning student housing communities and related facilities on or near college or university campuses across the United States. It was founded in 1993 and is headquartered in Austin, Texas.
The company's portfolio includes over 200 properties, including both on and off-campus housing options, offering a range of living arrangements from traditional dorm-style rooms to apartments and townhouses. Many of these properties are developed through partnerships or joint ventures with universities or college foundations.
American Campus Communities Inc has a focus on sustainability and environmentally conscious development, with many properties incorporating energy-efficient features and using sustainable materials in construction. The company also invests in amenities and programs aimed at enhancing students' academic, social, and personal growth while they attend college.
Apart from student housing, American Campus Communities Inc also owns and operates branded properties such as Copper Beech Townhomes, The Grove, and UCentre, that cater to the different demographics of millennial renters without compromising on the company's core mission of developing properties that inspire academic achievement, foster a sense of community, and offer quality living.
The company's revenue is largely derived from leasing fees and ancillary services such as dining plans, utilities, and parking. It targets both undergraduate and graduate students and leases properties through its own management teams or third-party management companies. Its clientele includes universities, students, parents, and third-party developers.
The leadership team of American Campus Communities Inc comprises professionals from the real estate, finance, and education industries, and they have set a long-term vision of becoming the leading provider of student housing in the US. The company's success in achieving this vision has earned it a spot on the Forbes Global 2000 List and various accolades in the real estate industry.
The company's portfolio includes over 200 properties, including both on and off-campus housing options, offering a range of living arrangements from traditional dorm-style rooms to apartments and townhouses. Many of these properties are developed through partnerships or joint ventures with universities or college foundations.
American Campus Communities Inc has a focus on sustainability and environmentally conscious development, with many properties incorporating energy-efficient features and using sustainable materials in construction. The company also invests in amenities and programs aimed at enhancing students' academic, social, and personal growth while they attend college.
Apart from student housing, American Campus Communities Inc also owns and operates branded properties such as Copper Beech Townhomes, The Grove, and UCentre, that cater to the different demographics of millennial renters without compromising on the company's core mission of developing properties that inspire academic achievement, foster a sense of community, and offer quality living.
The company's revenue is largely derived from leasing fees and ancillary services such as dining plans, utilities, and parking. It targets both undergraduate and graduate students and leases properties through its own management teams or third-party management companies. Its clientele includes universities, students, parents, and third-party developers.
The leadership team of American Campus Communities Inc comprises professionals from the real estate, finance, and education industries, and they have set a long-term vision of becoming the leading provider of student housing in the US. The company's success in achieving this vision has earned it a spot on the Forbes Global 2000 List and various accolades in the real estate industry.
American Campus Communities Inc. (ACC) is a leading provider of student housing and related services, dedicated to meeting the diverse needs of college and university students throughout the United States. The company focuses not only on delivering high-quality housing solutions but also on creating an overall collegiate experience that enhances the lives of students. Below is an extensive overview of the key segments, products, and services offered by ACC:
1. Off-Campus Housing
American Campus Communities Inc. provides a myriad of off-campus housing options that cater to students who desire independence while studying. These options include:
- Apartments: Fully furnished units that come in various sizes, from studios to multi-bedroom apartments, designed to suit different student preferences and budgets.
- Townhomes: Spacious multi-story living spaces that often include individual entrances and private amenities, appealing to students who might want a more homelike environment.
- Houses: Full homes are available for groups of students seeking to live together, often equipped with essential appliances and amenities for a convenient experience.
These off-campus residences are strategically located near major universities, ensuring easy access to classes and local amenities.
On-Campus Housing
ACC also specializes in on-campus housing solutions, which are pivotal for students who want to fully immerse themselves in the university community. The company offers:
- Residence Halls: Traditional dormitory-style living arrangements, often including shared rooms and communal bathrooms, fostering a sense of community.
- Apartments: Designed for those who desire a more private living environment, these on-campus units offer one- to four-bedroom configurations.
- Suites: A blend of residence hall and apartment living, suites typically feature shared common areas and private or semi-private bedrooms, appealing to both undergraduates and graduate students.
Each on-campus housing option is equipped with essential services and facilities that enhance student life, such as communal lounges and study spaces.
Corporate Leases
Recognizing that not only students require housing, ACC also provides corporate leasing options for businesses and organizations. These solutions include:
- Fully Furnished Apartments: Short-term leases for corporate clients looking to house employees temporarily. These apartments come with all essential furnishings and amenities.
- Townhomes and Houses: Offering more spacious accommodations for groups or families, such as those relocating for work assignments or project-based initiatives.
Resident Services
To ensure a high-quality living experience, ACC provides a comprehensive suite of resident services, including:
- Maintenance and Repair Services: Prompt response teams to handle repairs and maintenance issues, ensuring a hassle-free living environment.
- Security Services: 24/7 security personnel and surveillance systems to provide residents with peace of mind regarding their safety.
- Concierge Services: Support services that assist residents with various needs, including package delivery and coordination of maintenance requests.
Technology Services
Understanding the importance of connectivity and technology for today’s students, ACC incorporates advanced technology services into their living spaces:
- High-Speed Internet: Reliable internet access throughout their properties to support academic and personal usage.
- Cable TV Services: Entertainment options available in common areas and individual units, providing students with access to local and national programming.
- Phone Services: Options for digital telecommunications to keep residents connected.
Energy Management Solutions
Sustainability is a core value at ACC, and they offer energy management solutions aimed at reducing environmental impact:
- Energy-Efficient Appliances: All housing units are equipped with energy-efficient appliances to reduce energy consumption and costs.
- Lighting: LED lighting solutions that lower energy usage while providing optimal luminosity for study and relaxation.
- Heating and Cooling Systems: Modern, energy-efficient systems designed to minimize energy expenditure while ensuring comfort throughout the year.
Retail Space Leases
In addition to housing, ACC recognizes the need for retail services on or near campus, offering:
- Retail Space Leases: Available to businesses seeking to serve the collegiate community. Options include:
- Storefronts: Ideal for larger retail operations or eateries that draw significant foot traffic.
- Kiosks: Smaller spaces for businesses that wish to provide grab-and-go options, ideal for convenience.
- Food Trucks: Opportunities for mobile food vendors to reach a diverse student population, promoting a vibrant campus atmosphere.
Conclusion
American Campus Communities Inc. stands as a comprehensive provider of student housing solutions, focusing on delivering safe, convenient, and supportive living environments for college and university students. With a strong commitment to sustainability and innovation, ACC continues to evolve its approaches to better serve the dynamic and unique needs of students and educational institutions across the United States. Through its extensive array of housing options, resident services, and retail offerings, ACC enriches student life and fosters a strong sense of community.
1. Off-Campus Housing
American Campus Communities Inc. provides a myriad of off-campus housing options that cater to students who desire independence while studying. These options include:
- Apartments: Fully furnished units that come in various sizes, from studios to multi-bedroom apartments, designed to suit different student preferences and budgets.
- Townhomes: Spacious multi-story living spaces that often include individual entrances and private amenities, appealing to students who might want a more homelike environment.
- Houses: Full homes are available for groups of students seeking to live together, often equipped with essential appliances and amenities for a convenient experience.
These off-campus residences are strategically located near major universities, ensuring easy access to classes and local amenities.
On-Campus Housing
ACC also specializes in on-campus housing solutions, which are pivotal for students who want to fully immerse themselves in the university community. The company offers:
- Residence Halls: Traditional dormitory-style living arrangements, often including shared rooms and communal bathrooms, fostering a sense of community.
- Apartments: Designed for those who desire a more private living environment, these on-campus units offer one- to four-bedroom configurations.
- Suites: A blend of residence hall and apartment living, suites typically feature shared common areas and private or semi-private bedrooms, appealing to both undergraduates and graduate students.
Each on-campus housing option is equipped with essential services and facilities that enhance student life, such as communal lounges and study spaces.
Corporate Leases
Recognizing that not only students require housing, ACC also provides corporate leasing options for businesses and organizations. These solutions include:
- Fully Furnished Apartments: Short-term leases for corporate clients looking to house employees temporarily. These apartments come with all essential furnishings and amenities.
- Townhomes and Houses: Offering more spacious accommodations for groups or families, such as those relocating for work assignments or project-based initiatives.
Resident Services
To ensure a high-quality living experience, ACC provides a comprehensive suite of resident services, including:
- Maintenance and Repair Services: Prompt response teams to handle repairs and maintenance issues, ensuring a hassle-free living environment.
- Security Services: 24/7 security personnel and surveillance systems to provide residents with peace of mind regarding their safety.
- Concierge Services: Support services that assist residents with various needs, including package delivery and coordination of maintenance requests.
Technology Services
Understanding the importance of connectivity and technology for today’s students, ACC incorporates advanced technology services into their living spaces:
- High-Speed Internet: Reliable internet access throughout their properties to support academic and personal usage.
- Cable TV Services: Entertainment options available in common areas and individual units, providing students with access to local and national programming.
- Phone Services: Options for digital telecommunications to keep residents connected.
Energy Management Solutions
Sustainability is a core value at ACC, and they offer energy management solutions aimed at reducing environmental impact:
- Energy-Efficient Appliances: All housing units are equipped with energy-efficient appliances to reduce energy consumption and costs.
- Lighting: LED lighting solutions that lower energy usage while providing optimal luminosity for study and relaxation.
- Heating and Cooling Systems: Modern, energy-efficient systems designed to minimize energy expenditure while ensuring comfort throughout the year.
Retail Space Leases
In addition to housing, ACC recognizes the need for retail services on or near campus, offering:
- Retail Space Leases: Available to businesses seeking to serve the collegiate community. Options include:
- Storefronts: Ideal for larger retail operations or eateries that draw significant foot traffic.
- Kiosks: Smaller spaces for businesses that wish to provide grab-and-go options, ideal for convenience.
- Food Trucks: Opportunities for mobile food vendors to reach a diverse student population, promoting a vibrant campus atmosphere.
Conclusion
American Campus Communities Inc. stands as a comprehensive provider of student housing solutions, focusing on delivering safe, convenient, and supportive living environments for college and university students. With a strong commitment to sustainability and innovation, ACC continues to evolve its approaches to better serve the dynamic and unique needs of students and educational institutions across the United States. Through its extensive array of housing options, resident services, and retail offerings, ACC enriches student life and fosters a strong sense of community.
