| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
141 |
| Employees |
900 |
| Revenues (TTM) (Millions $) |
983 |
| Net Income (TTM) (Millions $) |
66 |
| Cash Flow (TTM) (Millions $) |
39 |
| Capital Exp. (TTM) (Millions $) |
70 |
Business Description
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.
Company Address: 12700 Hill Country Blvd. Austin 78738 TX
Company Phone Number: 732-1000 Stock Exchange / Ticker: NYSE ACC
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