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07/28/2010
ACC $29

American Campus Communities ACC 2Q 2010 FFO $0.38 v $0.33 UP +15%

ACC no guidance provided for FFO for 2010

ACC 2Q 2010 same property NOI UP +8.2%
ACC 2Q 2010 same property wholly owned portfolio occupancy 93.0% UP +3.9%

ACC new development projects to drive growth for 2011

ACC a Specialty REIT with a portfolio of student housing communities

ACC we rank 3 HOLD

ACC market cap $1.5 billion

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