American Campus Communities Earns Great Place to Work® Certification
AUSTIN, Texas -- American Campus Communities (NYSE: ACC), the nation’s largest owner, manager and developer of high-quality student housing properties in the U.S., announced today that the company was certified as a great workplace by the independent analysts at Great Place to Work®. American Campus Communities earned this credential based on extensive ratings provided by its employees in anonymous surveys.
Great Place to Work Certification involves an extensive survey process, requiring employees to review a variety of categories reflecting the company’s environment and culture. A total of 254 American Campus Communities employees submitted reviews, resulting in 91% of employees saying that their workplace is great, 97% saying ACC has a great atmosphere, and 97% saying there is great pride in the work done at ACC.
"We applaud American Campus Communities for seeking certification and releasing its employees' feedback," said Kim Peters, Executive Vice President of Great Place to Work's Certification Program. "These ratings measure the company’s capacity to earn its own employees' trust and create a great workplace - critical metrics that anyone considering working for or doing business with American Campus Communities should take into account as an indicator of high performance."
ACC employees gave positive feedback on the company’s workplace environment, including:
- 95% of employees say management is honest and ethical in its business practices.
- 94% of employees say people here are willing to give extra to get the job done.
- 94% of employees say they feel good about the ways ACC contributes to the community.
- 95% of employees say people celebrate special events at ACC.
- 95% of employees say they are given the resources and equipment to do their jobs.
“It’s an honor to have earned the Great Place to Work Certification,” said Bill Bayless, ACC CEO. “Our company was founded on the premise that our people are our strength, and this accomplishment shows that we’re still delivering on that principle today. With our 25th anniversary coming up in 2018, we’re especially proud to receive this honor, and will continue to create a rewarding culture for years to come. A positive, motivating environment attracts and retains talented employees, and our exceptional team is the foundation to the success of American Campus Communities.”
Great Place to Work research shows that list winners keep outperforming the stock market, beating industry rivals when it comes to talent retention and demonstrating higher levels of productivity than peers. A summary of ACC’s ratings can be found at http://reviews.greatplacetowork.com/american-campus-communities.
About American Campus Communities
American Campus Communities, Inc. is the largest owner, manager and developer of high-quality student housing communities in the United States. The company is a fully integrated, self-managed and self-administered equity real estate investment trust (REIT) with expertise in the design, finance, development, construction management and operational management of student housing properties. As of September 30, 2017, American Campus Communities owned 166 student housing properties containing approximately 102,500 beds. Including its owned and third-party managed properties, ACC's total managed portfolio consisted of 204 properties with approximately 131,300 beds. Visit www.americancampus.com.
About Great Place to Work®
Great Place to Work® is the global authority on high-trust, high-performance workplace cultures. Through proprietary assessment tools, advisory services, and certification programs, including Best Workplaces lists and workplace reviews, Great Place to Work® provides the benchmarks, framework, and expertise needed to create, sustain, and recognize outstanding workplace cultures. In the United States, Great Place to Work® produces the annual Fortune "100 Best Companies to Work For®" list and a series of Great Place to Work® Best Workplaces lists including lists for Millennials, Women, Diversity, Small and Medium Companies and over a half dozen different industry lists.
In addition to historical information, this press release contains forward-looking statements under the applicable federal securities law. These statements are based on management’s current expectations and assumptions regarding markets in which American Campus Communities, Inc. (the “Company”) operates, operational strategies, anticipated events and trends, the economy, and other future conditions. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. For discussions of some risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the forward-looking statements, please refer to our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2016 under the heading “Risk Factors” and under the heading “Business - Forward-looking Statements” and subsequent quarterly reports on Form 10-Q. We undertake no obligation to publicly update any forward-looking statements, including our expected 2017 operating results, whether as a result of new information, future events, or otherwise.
American Campus Communities, Inc.
Gina Cowart, 512-732-1000
Source: American Campus Communities, Inc.