American Campus Communities Wins Best Student Housing Rental Apartment Community Multifamily Pillars of the Industry Award fr...
January 12 2018 - 3:43PM
Business Wire
American Campus Communities (NYSE:ACC), the nation’s largest
developer, owner and manager of high-quality student housing, today
announced that the company’s highly acclaimed The Summit at
University City received the National Association of Home Builders’
2017 Multifamily Pillars of the Industry Award for Best Student
Housing Rental Apartment Community. ACC projects were also
recognized as finalists for Best Example of Green Building
Concepts, Best Student Housing Rental Apartment Community and Best
Mixed-Use Community.
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The Summit at University City, Best
Student Housing Rental Apartment Community, NAHB 2017 Pillars of
the Industry Awards (Photo: Business Wire)
American Campus Communities has been recognized at NAHB’s
Pillars of the Industry Awards on 28 occasions since 2005, 14 of
which are first place awards, including the Multifamily Development
Firm of the Year in 2013.
“This honor kicks off a special year for American Campus
Communities, as we are celebrating our 25th anniversary in 2018,”
said Bill Bayless, ACC CEO. “We’re proud to have been recognized by
the National Association of Home Builders, and look forward to
continuing to drive innovation in the student housing
industry.”
ACC’s individual awards are:
- Best Student Housing Rental
Apartment Community: The Summit at University City,
Philadelphia, PA – The Summit at University City is an on-campus
community serving Drexel University students, and the third phase
in the Drexel-ACC public-private partnership delivered in the fall
of 2015. The community houses 1,315 residents and provides an Urban
Eatery for residents and the surrounding neighborhood. The Summit
has also received accolades from Philadelphia’s Business Journal as
2015 Best Real Estate Deals and 2016 Student Housing Business
Innovator Award for Best Implementation of Mixed-Used.
- Best Mixed-Use Community –
Finalist: The Summit at University City
- Best Student Housing Rental
Apartment Community – Finalist: U Club on 28th, Boulder, CO – U
Club on 28th is a modern, 398-bed, off-campus student community,
developed in 2016.
- Best Example of Green Building
Concepts – Finalist: Fairview House, Butler University – A
LEED® Silver community, Fairview House is an on-campus, modern
student housing community serving more than 630 residents.
The NAHB Multifamily Pillars of the Industry Awards program is
held annually, highlighting creativity and innovation in the
apartment and condo marketplace. This year’s awards program was
held on January 9 at the NAHB International Builders’ Show in
Orlando, FL.
About American Campus Communities
American Campus Communities, Inc. is the largest owner, manager
and developer of high-quality student housing communities in the
United States. The company is a fully integrated, self-managed and
self-administered equity real estate investment trust (REIT) with
expertise in the design, finance, development, construction
management and operational management of student housing
properties. As of September 30, 2017, American Campus Communities,
Inc. owned 166 student housing properties containing approximately
102,500 beds. Including its owned and third-party managed
properties, ACC's total managed portfolio consisted of 204
properties with approximately 131,300 beds.
Visit www.americancampus.com.
About National Association of Home Builders
The National Association of Home Builders is a Washington-based
trade association representing more than 140,000 members involved
in home building, remodeling, multifamily construction, property
management, subcontracting, design, housing finance, building
product manufacturing and other aspects of residential and light
commercial construction. NAHB is affiliated with 700 state and
local home builders associations around the country.
Forward-Looking Statements
In addition to historical information, this press release
contains forward-looking statements under the applicable federal
securities law. These statements are based on management’s current
expectations and assumptions regarding markets in which American
Campus Communities, Inc. operates, operational strategies,
anticipated events and trends, the economy, and other future
conditions. Forward-looking statements are not guarantees of future
performance and involve certain risks and uncertainties, which are
difficult to predict.
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American Campus Communities, Inc.Gina Cowart, 512-732-1000Media
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