American Campus Communities Promotes William Talbot to Chief Investment Officer

  American Campus Communities Promotes William Talbot to Chief Investment

Business Wire

AUSTIN, Texas -- November 13, 2012

American Campus Communities, Inc. (NYSE:ACC), the largest owner, manager and
developer of high-quality student housing properties in the U.S., today
announced that the company’s board of directors has promoted William Talbot to
chief investment officer. In this role, Talbot will provide strategic
direction and executive oversight of the investment platform, which includes
acquisition and development activity, as well as dispositions and asset
management, for the Austin-based company with $4.5 billion in gross assets.

Talbot has served American Campus for more than 11 years, most recently as
executive vice president of investments. Talbot joined ACC in 2001 as the
director of investments when the company’s total assets were approximately
$250 million. Over the years, his career advanced as the director of asset
management and investments, the vice president of acquisitions, and as the
senior vice president of acquisitions/investments. Since 2004, including those
projects currently under contract, Talbot has been involved with the
acquisition of more than 130 properties totaling approximately $4.0 billion
including the public merger of GMH Communities Trust and the portfolio
acquisitions of Royal Properties, Campus Acquisitions and 19 properties from
Kayne Anderson scheduled to close during the fourth quarter.

“William Talbot’s strategic leadership, transaction acumen and collaboration
within the organization have been instrumental in creating value for the
company,” said Bill Bayless, American Campus CEO. “He is the right person to
lead the investment team during a time of industry consolidation and
high-quality growth for the company.”

About American Campus Communities

American Campus Communities, Inc. is the largest developer, owner and manager
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. American Campus Communities owns 141 student housing properties
containing approximately 86,800 beds. Including its owned and third-party
managed properties, ACC’s total managed portfolio consists of 168 properties
with approximately 109,300 beds.

Forward-Looking Statements

In addition to historical information, this press release contains
forward-looking statements under the federal securities law. These statements
are based on current expectations, estimates and projections about the
industry and markets in which American Campus Communities operates,
management's beliefs, and assumptions made by management. Forward-looking
statements are not guarantees of future performance and involve certain risks
and uncertainties, which are difficult to predict.


American Campus Communities, Inc., Austin
Gina Cowart, 512-732-1000
Investor Relations
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