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Occupancy declines in ACC’s student housing portfolio

​AUSTIN – American Campus Communities Inc. (ACC) has reported a decrease in occupancy in its student housing portfolio.

ACC’s portfolio-wide occupancy rate fell 7.1 percent from September 2019 to 90.3 pe​rcent in September 2020.

Occupancy across properties that primarily serve first-year students dropped 16 percent year over year. 

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​Source: REBusiness Online

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