This Day On The Street
Continue to site
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

CCG Updates 2014/2015 Pre-leasing Before NAREIT Conference

Campus Crest Communities, Inc. (NYSE:CCG) announces that it will be attending the NAREIT REITWeek Conference in New York, NY June 3 rd – 4 th. Ted W. Rollins, Chairman and Chief Executive Officer, will give a company presentation on Tuesday, June 3 th from 3:00 – 3:45 p.m. EST. The live webcast will be available online in the Investor Relations section of the company's website at on the day of the conference. An online replay of the webcast will be available for 90 days.

Also, in conjunction with the conference, the Company is providing an update on its portfolio leasing status for the 2014/2015 academic year. The following table contains the leasing status as of May 29, 2014 and 2013:
2014/2015 Academic Year Leasing Summary

2014 - 2015 Leases

2013 - 2014 Leases
Rental Rate
Property     Properties       Units       Beds       Signed (3)       %           Signed (3)       %       Change       Change      
Operating (1)
Wholly-Owned 32 6,400 17,476 13,312 76.2% 12,490 71.5% 4.7% n/a
HSRE Joint Venture     9       1,870       5,148       3,177       61.7%           3,022       58.7%       3.0%       n/a      
Total Operating 41 8,270 22,624 16,489 72.9% 15,512 68.6% 4.3% 1.0% - 2.0%
Copper Beech Portfolio 28 5,047 13,177 10,882 82.6% 11,391 86.4% (3.8%) 0.0% - 1.0%
Total Operating Portfolio     69       13,317       35,801       27,371       76.5%           26,903       75.1%       1.4%       n/a      
Total 2014 Deliveries (2)     10       3,128       7,455       2,569       34.5%           n/a       n/a       n/a       n/a      
(1) Includes 2013 deliveries.
(2) Includes both wholly-owned and joint venture 2014 deliveries; excludes the redevelopment at Toledo, OH.
(3) As of May 29, 2014 and 2013, respectively.

“We are pleased with the direction of our pre-leasing and the markets we serve. Our Copper Beech investment integration continues to make steady progress and our evo brands are preparing for their inaugural year,” remarked Ted W. Rollins, Chairman and Chief Executive Officer. “Our teams are stronger than they have been in our history and we are poised to continue to maximize our operating portfolio to yield the best returns.”

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs