Attached files
| file | filename |
|---|---|
| 8-K - 8-K - AMERICAN CAMPUS COMMUNITIES INC | a8-kxleasingstatusupdate93.htm |
Exhibit 99.1 Portfolio Overview1 Owned properties - summary Leasing Status as of Fall 2018 Rental Revenue per Leased Design September 30, September 30, Occupancy Rental Rate Revenue Bed for Academic Year2 Property Type Beds 2018 2017 Change Change Change 2018/2019 2017/2018 2019 Same Store Owned Properties 87,403 97.0% 95.4% 1.6% 2.0% 3.6% $ 767$ 752 New Owned Properties3 6,986 97.0% n/a n/a n/a n/a $ 888 n/a Total - Owned Properties 94,389 97.0% 95.4% n/a n/a n/a $ 776 n/a Note: The same store grouping presented above represents properties that will be classified as same store properties in 2019. This represents properties owned and operating for both of the entire years ended December 31, 2018 and 2019, which are not conducting or planning to conduct substantial development or redevelopment activities, and are not classified as held for sale. This same store grouping is presented for purposes of disclosing the leasing results for the 2018/2019 academic year, which will have a significant effect on our results of operations for the year ended December 31, 2019. 1. Represents leasing status for the 2018/2019 academic year as of September 30, 2018, as compared to prior academic year occupancy and rental rates as of September 30, 2017. 2. Represents average rental revenue per leased bed for the academic years presented. 3. Includes 2018 development deliveries and presale development projects.