American Campus Communities buys 19 properties for $862.8 million

11/6/2012 | CoStar Group

American Campus Communities is acquiring 19 student housing properties for $862.8 million. The sellers of the 12,049-bed portfolio are Kayne Anderson Capital Advisors LP affiliates. ACC will assume close to $396.2 million in outstanding debt and $466.6 million in available cash.

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