{{titleBar.title}}

{{titleBar.tagline}}

 

 

Texas student housing occupancy 98% plusTexas student housing occupancy 98% plushttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=40592014-06-03T11:42:00Z2014-06-03T00:00:00Z

TEXAS - American Campus Communities (ACC) has released fourth quarter 2013 statistics for their student housing properties across the U.S.

The chart below shows only Texas' final fall 2013 occupancy of 98 percent or greater.

4Q 2013 Same Store Properties with Final Fall 2013 Occupancy of 98% or Greater
  Design
Beds*
Final Fall
2013 Occ.**
Initial Proj.
Rate Inc.***
Current Proj.
Rate Inc.***
26 West — Austin 1,026 99.5% 4.8% 5.4%
The Callaway House Austin &
The Penthouse at Callaway — Austin
753 99.5% 5.0% 4.9%
Vintage and Texan West Campus — Austin 311 98.7% 3.9% 4.7%
The Callaway House — College Station 538 103.9% 4.3% 4.3%
U Club Townhomes on Marion Pugh —
College Station
640 99.4% 3.5% 3.6%
City Parc at Fry Street — Denton 418 98.3% 2.8% 3.1%
University View — Prairie View 336 100.0% 3.0% 3.0%
University Village Northwest —
Prairie View
144 100.0% 3.0% 3.0%
Callaway Villas — College Station 704 99.7% 2.8% 2.8%
Union — Waco 120 98.3% 2.9% 2.8%
Aggie Station — Bryan 450 100.0% 1.8% 1.8%
Sanctuary Lofts — San Marcos 487 98.2% -1.1% 1.0%
Campus Edge on UTA Boulevard —
Arlington
488 99.6% 0.7% 1.0%
The Outpost — San Marcos 486 99.2% -2.1% -2.1%

*Design beds include beds for staff accommodations. 
** As of September 30, 2013
*** Projected rate increase reflects projected rental rates anticipated to be achieved through the end of the company's leasing cycle, up to targeted occupancy.

See American Campus Communities for more information.

Securities and Exchange Commission
Texas
Multifamily
http://www.sec.gov/archives/edgar/data/1283630/000115752314001487/a50848725-ex992.htmlRead more at {Source}

 Search NewsTalk Texas