Campus Crest Communities Provides Corporate Update
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Campus Crest Communities (CCG) Plans to Trim Joint Venture Exposure; Updates on Auditor Selection Process
June 18, 2015 9:18 AM EDTCampus Crest Communities (NYSE: CCG) announced the recent signing of several transaction agreements to further reduce the Company's joint venture exposure and updates pertaining to the selection of a new auditor.
Joint Venture Reduction
Campus Crest has entered into a series of agreements as part of the Company's previously stated commitment to reduce its exposure to joint ventures. Should all of these transactions close as planned during the third quarter, the Company's joint venture exposure will be reduced to just six assets, compared to 50 assets last year in November when the Company announced its... More
