American Campus Communities Recognized for Five Pillars of the Industry Awards from NAHB
20 January 2017 - 6:12AM
Business Wire
American Campus Communities (NYSE:ACC), the nation’s largest
developer, owner and manager of high-quality student housing, today
announced that the company received the National Association of
Home Builders’ 2016 Multifamily Pillars of the Industry Award for
the Best Repositioning of a Multifamily Asset for The Castilian in
Austin, TX. The company was also recognized as one of two finalists
for the Multifamily Development Firm of the Year, as well as a
finalist for Best Corporate Website and Best Student Housing Rental
Apartment Community. The faculty housing community developed and
owned by ACC on the campus of Princeton University also won the
award for Best Workforce Housing Community.
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Merwick Stanworth, Princeton University
(Photo: Business Wire)
American Campus Communities has been recognized at NAHB’s
Pillars of the Industry Awards on 24 occasions since 2005, 13 of
which are first place awards, including the Multifamily Development
Firm of the Year in 2013.
“We are honored to have been recognized once again at this
year’s Pillars of the Industry Awards,” said William Talbot, ACC
chief investment officer. “We are passionate about creating
communities Where students love living, and it’s exciting to see
our successful redevelopment of the Castilian honored among all
multi-family housing by the reputable National Association of Home
Builders.”
ACC’s individual awards are:
- Best Repositioning of a Multifamily
Asset: The Castilian, Austin, TX – American Campus Communities
renovated this aging campus icon, located across the street from
the heart of The University of Texas campus, into a modern,
high-quality student housing community.
- Multifamily Development Firm of the
Year – Finalist
- Best Corporate Website
– Finalist
- Best Student Housing Rental
Apartment Community – Finalist: Plaza on University, Orlando,
FL – The Plaza on University is a 1,313-bed, off-campus, mixed-use
student housing community located directly across from the main
entrance to the University of Central Florida.
- Best Workforce Housing
Community: Merwick Stanworth, Princeton University – This
faculty and staff community was developed in partnership with the
University under an equity transaction structure called ACE
(American Campus Equity®) and is LEED® Gold certified.
The NAHB Multifamily Pillars of the Industry Awards program is
held annually, highlighting creativity and innovation in the
apartment and condo marketplace. This year’s awards program was
held on January 10 at the NAHB International Builders’ Show in
Orlando, FL.
About American Campus Communities
American Campus Communities, Inc. is the largest owner, manager
and developer of high-quality student housing communities in the
United States. The company is a fully integrated, self-managed and
self-administered equity real estate investment trust (REIT) with
expertise in the design, finance, development, construction
management and operational management of student housing
properties. As of September 30, 2016, American Campus Communities
owned 170 student housing properties containing approximately
105,300 beds. Including its owned and third-party managed
properties, ACC's total managed portfolio consisted of 205
properties with approximately 133,600 beds.
Visit www.americancampus.com.
About National Association of Home Builders
The National Association of Home Builders is a Washington-based
trade association representing more than 140,000 members involved
in home building, remodeling, multifamily construction, property
management, subcontracting, design, housing finance, building
product manufacturing and other aspects of residential and light
commercial construction. NAHB is affiliated with 700 state and
local home builders associations around the country.
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American Campus Communities, Inc.Gina Cowart, 512-732-1000Media
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