April 26, 2017 7:01 AM ET

Equity Real Estate Investment Trusts (REITs)

Company Overview of Campus Crest Communities, Inc.

Company Overview

Campus Crest Communities, Inc., a real estate investment trust (REIT), engages in the ownership, development, building, and management of student housing properties under the Grove brand name in the United States. The company rents student housing properties; offers student housing services; and provides construction, development, and management services. As of July 06, 2012, it owned interests in 33 student housing properties containing approximately 6,324 apartment units and 17,064 beds. The company has elected to be treated as a REIT under the Internal Revenue Code of 1986. As a REIT, it would not be subject to federal income taxes, provided it distributes at least 90% of its taxable inco...

2100 Rexford Road

Charlotte, NC 28211

United States

Founded in 2004

632 Employees





Key Executives for Campus Crest Communities, Inc.

Interim Chief Executive Officer
President and Chief Investment Officer
Interim Chief Financial Officer
Chief Accounting Officer, Senior Vice President and Secretary
Senior Vice President of Human Resources
Compensation as of Fiscal Year 2016.

Campus Crest Communities, Inc. Key Developments

Campus Crest Communities Delisted From NYSE

As previously announced, on October 16, 2015, Campus Crest Communities, Inc. (the “Company”), HSRE Quad Merger Parent, LLC, (“Parent”), HSRE Quad Merger Sub, LLC, , and CCGSR, Inc. entered into an Agreement and Plan of Merger (the “Merger Agreement”). Parent is an affiliate of Harrison Street Real Estate Capital, LLC (“Harrison Street”). On February 26, 2016, the Company notified the New York Stock Exchange (the “NYSE”) of the proposed consummation of the Merger and requested that the NYSE file with the SEC an application on Form 25 to delist and deregister the Common Stock and the Series A Preferred Stock under Section 12(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). As a result of the consummation of the Merger and such notification and request, the last day of trading of the Common Stock on the NYSE was March 2, 2016. The Company intends to file a Form 15 with the SEC requesting the deregistration of the Common Stock and the Series A Preferred Stock and the suspension of the Company’s reporting obligations under Sections 13 and 15(d) of the Exchange Act.

Campus Crest Communities, Inc.(NYSE:CCG) dropped from CRSP US Total Market Index

Campus Crest Communities, Inc.(NYSE:CCG) dropped from CRSP US Total Market Index

Campus Crest Communities, Inc.(NYSE:CCG) dropped from MSCI Acwi + Frontier Markets(acwi Fm) All Cap Index

Campus Crest Communities, Inc.(NYSE:CCG) dropped from MSCI Acwi + Frontier Markets(acwi Fm) All Cap Index

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Recent Private Companies Transactions

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