Attached files
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| 8-K - FORM 8-K - Campus Crest Communities, Inc. | d265144d8k.htm |
Exhibit 99.1
Campus Crest Communities, Inc. (NYSE:CCG), a leading developer, builder, owner and manager of high-quality, purpose-built student housing, today provided an update on its portfolio leasing status for the 2012/2013 academic year. The following table contains the leasing status as of November 30, 2011.
PORTFOLIO LEASING STATUS FOR 2012/2013 ACADEMIC YEAR
(as of November 30)
| 2012-2013 Leases | 2011-2012 Leases | |||||||||||||||||||||||||||
| Property |
Number of Properties |
Units | Beds | Signed(1) | % | Signed(1) | % | |||||||||||||||||||||
| Wholly-Owned |
21 | 3,920 | 10,528 | 2,190 | 20.8 | % | 1,645 | 15.6 | % | |||||||||||||||||||
| Joint Venture Properties |
6 | 1,128 | 3,052 | 580 | 19.0 | % | 568 | 18.6 | % | |||||||||||||||||||
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| Sub Total All Operating Properties |
27 | 5,048 | 13,580 | 2,770 | 20.4 | % | 2,213 | 16.3 | % | |||||||||||||||||||
| 2011 Deliveries |
6 | 1,276 | 3,484 | 722 | 20.7 | % | 0 | 0.0 | % | |||||||||||||||||||
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| Total Portfolio |
33 | 6,324 | 17,064 | 3,492 | 20.5 | % | 2,213 | 13.0 | % | |||||||||||||||||||
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| (1) | As of November 30, 2011 and November 30, 2010, respectively |