The company has not filed an annual or quarterly report since its Q1 FY2022 10-Q, filed May 5, 2022. Its latest SEC filing is a 15-12G from Aug 19, 2022.
10-Q for Q1 FY2022, filed May 5, 2022
The sections below describe the company as of the FY2021 annual report.
Owns, develops, and manages student housing communities for college students, and provides development and management services to universities and colleges.
10-K for FY2021, filed Feb 28, 2022American Campus Communities, Inc. (“ACC”) is a real estate investment trust (“REIT”) that commenced operations effective with the…View ↗
Our third-party services consist of development services and management services and are typically provided to university and college…View ↗
Development Services: Our Development Services segment consists of development and construction management services that we provide through…View ↗
Property Management Services: Our Property Management Services segment includes revenues generated from third-party management contracts in…View ↗
Residents pay rent in monthly installments for student housing. Universities and other owners pay for development and management work; development fees are earned over the contract, while on-campus agreements also provide a share of net cash flows and management fees tied to gross receipts.
10-K for FY2021, filed Feb 28, 2022Unique Leasing Characteristics: Student housing properties are typically leased by the bed on an individual lease liability basis, unlike…View ↗
On-Campus Participating Properties: Our On-Campus Participating Properties ("OCPPs") segment includes six on-campus properties that are…View ↗
Development Services: Our Development Services segment consists of development and construction management services that we provide through…View ↗
Property Management Services: Our Property Management Services segment includes revenues generated from third-party management contracts in…View ↗
The Company recognizes development and construction revenues over the life of the contract using a time-based measure of progress. An…View ↗
$942.4M
10-K for FY2021, filed Feb 28, 2022
$942.4M ↗
Students and parents rent beds at ACC communities directly; universities, colleges, charitable foundations, and other property owners hire ACC for development and management services.
10-K for FY2021, filed Feb 28, 2022Unique Leasing Characteristics: Student housing properties are typically leased by the bed on an individual lease liability basis, unlike…View ↗
Owned Properties: Our off-campus properties are generally located in close proximity to the school campus, generally with pedestrian…View ↗
Our third-party services consist of development services and management services and are typically provided to university and college…View ↗
Development Services: Our Development Services segment consists of development and construction management services that we provide through…View ↗
Property Management Services: Our Property Management Services segment includes revenues generated from third-party management contracts in…View ↗
Yes. It kept 4 cents of every revenue dollar as net income in FY2021.
10-K for FY2021, filed Feb 28, 2022
10-Q for Q1 FY2022, filed May 6, 2022
$39.2MView ↗
8-K, filed Aug 9, 2022
Austin, Texas and New York – August 9, 2022 – Blackstone (NYSE: BX) today announced that Blackstone Core+ perpetual capital vehicles…View ↗
Grew. Revenue grew 18% in 4 years, from $796.4M in FY2017 to $942.4M in FY2021, about 4% a year.
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