Campus Crest Accepts Department of Energy’s Better Buildings Challenge

  Campus Crest Accepts Department of Energy’s Better Buildings Challenge

  -Commits to reducing energy consumption across its portfolio by 20 percent
                                through 2023 -

 - Continues to demonstrate leadership in sustainable building among student
                              housing industry -

Business Wire

CHARLOTTE, N.C. -- December 16, 2013

Campus Crest Communities, Inc. (“Campus Crest” or the “Company”) (NYSE:CCG)
today announced its participation in the U.S. Department of Energy’s (DOE)
Better Buildings Challenge, an initiative that brings together corporations,
universities and municipalities to make significant commitments to energy
efficiency and waste reduction in their facilities. Campus Crest has committed
to reduce energy consumption across its student housing portfolio by 20
percent or more over 10 years.

On Dec. 3, the DOE and the Department of Housing and Urban Development (HUD)
expanded the Better Buildings Challenge to include the multifamily residential
sector. This expansion is part of President Obama's Climate Action Plan, which
was announced in June and recognizes the role that increased efficiency can
play in reducing energy use and carbon pollution from this sector.

“At Campus Crest we believe in a balanced approach to business – balancing
economics with environmental and social stewardship,” said Ted W. Rollins,
chairman and chief executive officer of Campus Crest Communities. “The Better
Buildings Challenge is a great way for us to participate on a national level
with the U.S. Department of Energy and help lead a transformation in the
multifamily industry towards greater energy efficiency.”

As a participant in the Better Buildings Challenge, Campus Crest will showcase
strategies to boost energy efficiency and implement a portfolio-wide plan to
achieve lasting energy savings, including lighting improvements, water
efficient landscaping and indoor water efficiency, heating and cooling system
upgrades, installation of energy efficient appliances and equipping buildings
for solar energy installations.

The Better Buildings Challenge aligns with Campus Crest’s NEXT initiative, a
business approach that balances economic success with social and environmental
stewardship. To promote building innovation, a key component of the
initiative, Campus Crest proactively partnered with Colorado State
University’s Institute for the Built Environment to incorporate energy
efficient design and operations across its portfolio. In 2012, the Company
partnered with SolarCity to install more than 9,000 solar panels on three of
its student housing communities.

About Campus Crest Communities, Inc.

Campus Crest Communities, Inc. is a leading developer, builder, owner and
manager of high-quality student housing properties located close to college
campuses in targeted markets. Pro forma for the Copper Beech restructure, the
Company has ownership interests in 82 student housing properties and over
~44,000 beds across North America, of which 74 are operating and 8 are
development or redevelopment properties. The Company is an equity REIT that
differentiates itself through its vertical integration and consistent branding
across the portfolio through three unique brands targeting different segments
of the college student population. The Grove® brand offers more traditional
apartment floor plans and focuses on customer service, privacy, on-site
amenities and a proprietary residence life program. The Copper Beech brand and
townhome product offers more residential-type living to students looking for a
larger floor plan with a front door and back porch. The evo brand provides
urban students with a luxury student housing option with all the conveniences
of city living. Additional information can be found on the Company's website
at http://www.campuscrest.com/.

Contact:

Investors
Thomas Nielsen, 704-496-2571
Investor.Relations@CampusCrest.com
or
Media
Hayley Cook, 203-682-8254
Hayley.Cook@icrinc.com
 
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