Attached files
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| 8-K - FORM 8-K - Campus Crest Communities, Inc. | d327726d8k.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 April 2, 2012.
PORTFOLIO LEASING STATUS FOR 2012/2013 ACADEMIC YEAR
| 2012-2013 Leases |
2011-2012 Leases |
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| Property |
Properties | Units | Beds | Signed (1) | % | Signed (1) | % | |||||||||||||||||||||
| Wholly-Owned - Operating |
27 | 5,156 | 13,884 | 7,334 | 52.8 | % | 6,863 | 49.4 | % | |||||||||||||||||||
| Joint Venture - Operating |
6 | 1,168 | 3,180 | 1,375 | 43.2 | % | 1,518 | 47.7 | % | |||||||||||||||||||
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| Sub Total All Operating Properties |
33 | 6,324 | 17,064 | 8,709 | 51.0 | % | 8,381 | 49.1 | % | |||||||||||||||||||
| Wholly-Owned - 2012 Deliveries |
3 | 620 | 1,804 | 1,237 | 68.6 | % | 0 | 0.0 | % | |||||||||||||||||||
| Joint Venture - 2012 Deliveries |
3 | 662 | 1,856 | 761 | 41.0 | % | 0 | 0.0 | % | |||||||||||||||||||
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| Sub Total 2012 Deliveries |
6 | 1,282 | 3,660 | 1,998 | 54.6 | % | 0 | 0.0 | % | |||||||||||||||||||
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| Total Portfolio |
39 | 7,606 | 20,724 | 10,707 | 51.7 | % | 8,381 | 49.1 | % | |||||||||||||||||||
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| Wholly-Owned Portfolio |
30 | 5,776 | 15,688 | 8,571 | 54.6 | % | 6,863 | 49.4 | % | |||||||||||||||||||
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| (1) | As of April 2, 2012 and April 3, 2011, respectively |