This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Campus Crest Accepts Department Of Energy’s Better Buildings Challenge

Campus Crest Communities, Inc. (“Campus Crest” or the “Company”) (NYSE:CCG) today announced its participation in the U.S. Department of Energy’s (DOE) Better Buildings Challenge, an initiative that brings together corporations, universities and municipalities to make significant commitments to energy efficiency and waste reduction in their facilities. Campus Crest has committed to reduce energy consumption across its student housing portfolio by 20 percent or more over 10 years.

On Dec. 3, the DOE and the Department of Housing and Urban Development (HUD) expanded the Better Buildings Challenge to include the multifamily residential sector. This expansion is part of President Obama's Climate Action Plan, which was announced in June and recognizes the role that increased efficiency can play in reducing energy use and carbon pollution from this sector.

“At Campus Crest we believe in a balanced approach to business – balancing economics with environmental and social stewardship,” said Ted W. Rollins, chairman and chief executive officer of Campus Crest Communities. “The Better Buildings Challenge is a great way for us to participate on a national level with the U.S. Department of Energy and help lead a transformation in the multifamily industry towards greater energy efficiency.”

As a participant in the Better Buildings Challenge, Campus Crest will showcase strategies to boost energy efficiency and implement a portfolio-wide plan to achieve lasting energy savings, including lighting improvements, water efficient landscaping and indoor water efficiency, heating and cooling system upgrades, installation of energy efficient appliances and equipping buildings for solar energy installations.

The Better Buildings Challenge aligns with Campus Crest’s NEXT initiative, a business approach that balances economic success with social and environmental stewardship. To promote building innovation, a key component of the initiative, Campus Crest proactively partnered with Colorado State University’s Institute for the Built Environment to incorporate energy efficient design and operations across its portfolio. In 2012, the Company partnered with SolarCity to install more than 9,000 solar panels on three of its student housing communities.

About Campus Crest Communities, Inc.

Campus Crest Communities, Inc. is a leading developer, builder, owner and manager of high-quality student housing properties located close to college campuses in targeted markets. Pro forma for the Copper Beech restructure, the Company has ownership interests in 82 student housing properties and over ~44,000 beds across North America, of which 74 are operating and 8 are development or redevelopment properties. The Company is an equity REIT that differentiates itself through its vertical integration and consistent branding across the portfolio through three unique brands targeting different segments of the college student population. The Grove® brand offers more traditional apartment floor plans and focuses on customer service, privacy, on-site amenities and a proprietary residence life program. The Copper Beech brand and townhome product offers more residential-type living to students looking for a larger floor plan with a front door and back porch. The evo brand provides urban students with a luxury student housing option with all the conveniences of city living. Additional information can be found on the Company's website at http://www.campuscrest.com/.



1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,122.01 +15.31 0.09%
S&P 500 2,000.12 +0.10 0.00%
NASDAQ 4,569.6210 -1.0160 -0.02%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs