American Campus Communities Provides COVID-19 Update and Announces Completion of Planned Disposition
American Campus Communities Inc (ACC)
Last american campus communities inc earnings: 4/20 04:15 pm
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US:NYSE Investor Relations:
ir.americancampus.com
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Source: Business Wire
AUSTIN, Texas--(BUSINESS WIRE)--American Campus Communities, Inc. (NYSE: ACC), the nation’s largest owner and manager of high-quality student housing properties, today provided an update regarding the novel coronavirus (COVID-19) and announced the completion of the disposition of The Varsity for $148.0 million.COVID-19 UpdateThe company recently released a COVID-19 Statement, which outlines efforts to support its residents and employees impacted by the pandemic, including:Waiving all late fees and financial-related eviction proceedings temporarily and working with residents and families who endure financial hardship on a case by case basis.Ensuring our residents continue to have housing in an environment conducive to academic success as the universities we serve temporarily move toward on-line and alternate methods of delivering the academic curriculum to complete the spring semester.Adopting relevant guidelines regarding social distancing issued by the CDC and communicated all gu
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