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Section 1: 8-K (8-K)

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported): April 5, 2017
AMERICAN CAMPUS COMMUNITIES, INC.
AMERICAN CAMPUS COMMUNITIES OPERATING PARTNERSHIP LP
(Exact name of Registrant as specified in its Charter)
Maryland
Maryland
001-32265
333-181102-01
76-0753089
56-2473181
(State or other jurisdiction of
incorporation or organization)
(Commission file number)

(I.R.S. Employer
Identification Number)

12700 Hill County Blvd., Suite T-200, Austin, Texas 78738
(Address of Principal Executive Offices) (Zip Code)

Registrant's telephone number, including area code: (512) 732-1000

Not applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))





ITEM 7.01 REGULATION FD DISCLOSURE
 
American Campus Communities, Inc. (NYSE:ACC), the largest owner, manager and developer of high-quality student housing properties in the U.S., today released  an interim leasing update for the 2017-2018 academic year in connection with the Interface Student Housing Conference held in Austin, TX April 5 - April 7, 2017. A copy of such information is attached hereto as Exhibit 99.1.

Such information is furnished pursuant to Item 7.01 and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, or subject to the liabilities of that Section. The information in this Current Report shall not be incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such filing.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

     (d)       Exhibits

The list of exhibits is incorporated herein by reference to the Exhibit Index.


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SIGNATURES
 
Pursuant to the Requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
AMERICAN CAMPUS COMMUNITIES, INC.
 
 
 
 
 
 
 
 
Date: April 5, 2017
 
By: 
/s/ Kim K. Voss
 
 
 
 
 
Kim K. Voss
 
 
 
 
 
Executive Vice President, Chief Accounting Officer
 
 
 
 
 
 
 
 
 
 
AMERICAN CAMPUS COMMUNITIES
 
 
 
 
OPERATING PARTNERSHIP LP
 
 
 
 
 
 
 
 
 
 
 
 
By:
American Campus Communities Holdings
 
 
 
 
 
LLC, its general partner
 
 
 
 
 
 
 
 
 
 
 
 
 
By:
American Campus Communities, Inc.,
 
 
 
 
 
 
its sole member
 
 
 
 
 
 
 
 
 
 
 
 
By: 
/s/ Kim K. Voss
 
 
 
 
 
 
 
Kim K. Voss
 
 
 
 
 
 
 
Executive Vice President, Chief Accounting Officer


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Section 2: EX-99.1 (EXHIBIT 99.1)

leasestatusupdate8k
2017 / 2018 Leasing Status Current Year Prior Year Applications + Rentable % of Rentable % of Rentable Design Final Fall 2016 Applications + Leases Leases1 Beds2 Beds Beds Beds Occupancy3 2018 Same Store Wholly-owned Properties Final Fall 2016 occupancy of 98% or greater 45,488 53,029 85.8% 86.1% 53,154 99.8% Final Fall 2016 occupancy between 95% and 98% 6,713 9,055 74.1% 75.3% 9,086 96.9% Final Fall 2016 occupancy less than 95% 10,028 16,280 61.6% 54.3% 16,391 88.5% Total 2018 Same Store Wholly-owned Properties 62,229 78,364 79.4% 78.3%4 78,631 97.1% New Wholly-owned Properties5 4,187 7,383 56.7% n/a 7,454 n/a Total - Wholly-owned Properties 66,416 85,747 77.5% n/a 86,085 n/a Current Year Prior Year Initial Current Rentable % of Rentable % of Rentable Design Final Fall 2016 Projected Rate Projected Rate Leases Leases1 Beds2 Beds Beds Beds Occupancy3 Increase Increase6 2018 Same Store Wholly-owned Properties Final Fall 2016 occupancy of 98% or greater 41,857 53,029 78.9% 80.2% 53,154 99.8% Final Fall 2016 occupancy between 95% and 98% 6,170 9,055 68.1% 62.8% 9,086 96.9% Final Fall 2016 occupancy less than 95% 8,698 16,280 53.4% 49.3% 16,391 88.5% Total 2018 Same Store Wholly-owned Properties 56,725 78,364 72.4% 71.9%4 78,631 97.1% 2.9% 2.9% New Wholly-owned Properties5 3,557 7,383 48.2% n/a 7,454 n/a n/a n/a Total - Wholly-owned Properties 60,282 85,747 70.3% n/a 86,085 n/a 2.9% 2.9% Note: The same store grouping presented above for purposes of disclosing the pre-leasing status for the upcoming 2017/2018 academic year represents properties that will be classified as same store properties in 2018. This represents properties properties owned and operating for both of the entire years ended December 31, 2017 and 2018, which are not conducting or planning to conduct substantial development or redevelopment activities, and are not classified as held for sale as of December 31, 2016. 1. As of March 31, 2017 for current year and March 31, 2016 for prior year. 2. Rentable beds exclude beds needed for on-site staff. 3. As of September 30, 2016. 4. Properties not owned or under ACC management during the prior year, or properties whose leasing progress is not comparable to the prior year as a result of plans to renovate or redevelop the property, are excluded for purposes of calculating the prior year percentage of rentable beds. 5. Properties currently under construction with an anticipated delivery date of Fall 2018 are not included because these properties will not begin undertaking leasing activities until Fall 2017. 6. Projected rate increase reflects projected rental rates anticipated to be achieved through the end of the company's leasing cycle, up to targeted occupancy. Exhibit 99.1


 
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