American Campus Communities Opens $110 Million Third-Party Development at the University of California, Irvine.AUSTIN, Texas -- American Campus Communities, Inc. (NYSE NYSE See: New York Stock Exchange :ACC See adaptive cruise control. ), one of the largest owners, managers and developers of high-quality student housing properties in the U.S., today announced the grand opening ceremony for Vista del Campo Vista del Campo (VDC), also known as East Campus Apartments, is a student apartment community built on University of California, Irvine(UCI) land, and managed by American Campus Communities (ACC). Norte, an on-campus student community at the University of California The University of California has a combined student body of more than 191,000 students, over 1,340,000 living alumni, and a combined systemwide and campus endowment of just over $7.3 billion (8th largest in the United States). , Irvine. The ceremony will occur today, October 3, 2006 at 4 p.m. PST PST Paroxysmal supraventricular tachycardia, see there . Vista del Campo Norte is the second phase of American Campus' $214.5 million project on the UCI UCI University of California, Irvine UCI Union Cycliste Internationale (International Cycling Union) UCI Unidad de Cuidados Intensivos UCI United Cinemas International (UK) campus consisting of 3,052 total beds. The company also provides on-going management for both phases. "We are very pleased with the student acceptance of our second phase, as both Vista Del Campo and Vista Del Campo Norte are 100 percent leased for the 2006/07 academic year," said Bill Bayless, American Campus CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Our partnership with UC Irvine has been a national model for the delivery of quality, modern student housing." Vista del Campo Norte is an extension of Vista del Campo, which was named "2005 Best Student Housing Apartment Community" by the National Association of Home Builders The National Association of Home Builders (NAHB) is one of the largest trade associations in the United States. Headquartered in Washington, DC, the association organizes one of the largest conventions in North America, The International Builders' Show, which draws more than . The development includes an undergraduate community with a total of 1,309 beds consisting of three-bedroom/two-bath units and one-bedroom/one-bath units. Amenities for the undergraduate community include a game room, fitness center, caf[c], social lounge, offices, laundry areas, wireless internet in entire community and a courtyard with pool view. The development also includes a 255-bed graduate community consisting of two-bedroom/two-bath units and one-bedroom/one-bath units. Graduate community amenities include study rooms, a fitness center, business center, offices, wireless internet in the entire community and a courtyard. All units are fully furnished with full kitchens. Graduate units are also equipped with washer/dryers. About American Campus Communities, Inc. American Campus Communities, Inc. is one of the largest publicly traded REITs solely focused on student housing in the United States. American Campus Communities is a fully integrated, self-managed and self-administered equity REIT with expertise in the acquisition, design, finance, development, construction management, and leasing and management of student housing properties. The company owns and manages 38 high-quality student housing properties containing approximately 22,700 beds. Including its owned properties, the company provides management and leasing services at a total of 53 properties, representing approximately 32,000 beds located on or near college and university campuses. Additional information is available at www.americancampuscommunities.com. |
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