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8-K - AMERICAN CAMPUS COMMUNITIES, INC. 8-K - AMERICAN CAMPUS COMMUNITIES INC | a51190840.htm |
nhat AMERICAN CAMPUS COMMUNITIES PORTFOLIO OVERVIEW1 Wholly-owned properties – summary Design Design September 28, September 30, Occupancy Revenue Property Type Units Beds 2015 2014 Change Change 2015/2016 2014/2015 Q4 2015 Same Store Wholly-owned Properties 26,216 80,447 97.7% 97.7% 0.0% 2.9% 2.9% $ 661 $ 643 New Wholly-owned Properties 2,610 8,348 89.9% n/a n/a n/a n/a $ 789 n/a Total - Wholly-owned Properties 28,826 88,795 96.9% 97.7% n/a n/a n/a $ 672 n/a Rental Revenue per leased Bed for Academic Year2 Fall 2015 Final Rental Change Leasing Status as of Note: The same store grouping presented above represents properties that will be classified as same store properties during the fourth quarter 2015 (the first full quarter of operations in the 2015/2016 academic year.) This same store grouping is presented for purposes of disclosing the pre-leasing status for the 2015/2016 academic year, which will have a significant effect on our results of operations for the year ended December 31, 2016. 1. Represents leasing status for the 2015/2016 academic year as of September 28, 2015, as compared to prior academic year final occupancy and rental rates as of September 30, 2014. 2. Represents average rental revenue per leased bed for the academic years presented. Exhibit 99.1