Campus Crest Communities (CCG) Misses Q2 FFO by 7c/Share

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CCG Releases Second Quarter 2015 Results

September 29, 2015 7:00 AM EDT

CHARLOTTE, N.C., Sept. 29, 2015 /PRNewswire/ -- Campus Crest Communities, Inc. (NYSE: CCG) (the "Company" or "Campus Crest"), an owner and manager of high-quality student housing properties, today announced results for the three months ended June 30, 2015.

"We have successfully concluded the pre-leasing for the 2015/2016 academic year with the total portfolio ending up 320 basis points over the 2014/2015 leasing results. The portfolio effective rental rates increased over 200 basis points," stated David Coles, Interim Chief Executive Officer. "As part of our continued efforts to... More