American Campus Communities
American Campus Communities
Industry
About American Campus Communities
American Campus Communities (ACC) is the nation's largest developer, owner, and manager of high-quality student housing communities. Founded in 1993, the company specializes in providing purpose-built living environments that support students' academic and personal success.
ACC partners with universities to develop, manage, and finance both on-campus and off-campus housing. They offer a range of living arrangements from traditional dorm-style rooms to apartments and townhouses.
As of March 31, 2021, ACC owned 166 student housing properties with approximately 111,900 beds, including both owned and third-party managed properties. The company's total managed portfolio consists of 207 properties with approximately 142,400 beds.
ACC's portfolio includes off-campus facilities, on-campus properties, and American Campus Equity program properties. The company focuses on sustainability and environmentally conscious development, incorporating energy-efficient features and sustainable construction materials.
Additionally, ACC invests in amenities and programs aimed at enhancing students' academic, social, and personal growth while they attend college.
In 2022, American Campus Communities was acquired by Blackstone Real Estate Income Trust, Inc., transitioning it from a publicly traded company to a privately held entity under Blackstone's portfolio.
Headquarters and Locations
The company is headquartered in Austin, Texas, and serves students across 93 campuses nationwide.
Key locations include:
- San Francisco, California: Offers student housing communities providing convenient and comfortable living options near universities.
- Mesa, Arizona: Provides student housing solutions catering to students attending local universities.
Mission
ACC's mission is to consistently provide every resident with an environment conducive to healthy living, personal growth, academic achievement, and professional success.