IPO Profile

American Campus Communities
805 Las Cimas Parkway, Suite 400Austin, TX 78746
Tel: 512-732-1000
Web:
Ticker: ACC
Stock Exchange: New York Stock Exchange
Shares Issued: 12,100,000.00
Price Offered: $17.50
Amount Raised: $211,750,000.00

Underwriters:
Citigroup Global Markets
Deutsche Bank Securities
J.P. Morgan
UBS Investment Bank
KeyBanc Capital Markets

Company Description:
We are one of the largest private owners, managers and developers of high quality student housing properties in the United States in terms of beds owned and under management. We are a fully integrated, self-managed and self-administered equity REIT with expertise in the acquisition, design, finance, development, construction management, leasing and management of student housing properties. We own 16 high quality student housing properties, which include 201 buildings containing approximately 3,900 apartment units and 11,800 beds, including three properties which are scheduled to be completed and opened in August 2004 and are currently in their initial lease-up stages.