Campus Crest Communities 8-K Regulation FD Disclosure

Exhibit 99.1

Campus Crest Communities, Inc. (NYSE:CCG), a leading developer, builder, owner and manager of high-quality, purpose-built student housing, today provided an update on its portfolio leasing status for the 2011/2012 academic year. The following table contains the leasing status as of June 6, 2011.

CAMPUS CREST COMMUNITIES

PORTFOLIO LEASING STATUS FOR 2011/2012 ACADEMIC YEAR
(as of June 6)

					2011-2012 Leases					2010-2011 Leases					Fall 2010			Current
Property	Units		Beds		Signed1		%			Signed1		%			Occupancy2			Occupancy3
| | | | | | | |
Wholly-Owned		3,920		10,528		7,447		70.7	%		6,139		58.3	%		88.5	%		88.6	%
Joint Venture Properties		1,128		3,052		2,185		71.6	%		2,100		68.8	%		89.1	%		90.8	%
Sub Total — All Operating Properties		5,048		13,580		9,632		70.9	%		8,239		60.7	%		88.6	%		89.1	%
New Developments (2011 Deliveries)		1,276		3,484		1,855		53.2	%		n/a		n/a			n/a			n/a
Total Portfolio		6,324		17,064		11,487		67.3	%		8,239		60.7	%		88.6	%		89.1	%

1	As of June 6, 2011 and 2010
2	As of September 30, 2010
3	As of June 6, 2011