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 2012/2013 academic year. The following table contains the leasing status as of June 10, 2012.

PORTFOLIO LEASING STATUS FOR 2012/2013 ACADEMIC YEAR

							2012-2013 Leases					2011-2012 Leases
Property	Properties		Units		Beds		Signed(1)		%			Signed(1)		%
Wholly-Owned - Operating		27		5,156		13,884		9,969		71.8	%		9,551		68.8	%
Joint Venture - Operating		6		1,168		3,180		1,975		62.1	%		2,132		67.0	%
Sub Total All Operating Properties		33		6,324		17,064		11,944		70.0	%		11,683		68.5	%
Wholly-Owned - 2012 Deliveries		3		620		1,804		1,663		92.2	%		0		0.0	%
Joint Venture - 2012 Deliveries		3		662		1,856		1,125		60.6	%		0		0.0	%
Sub Total 2012 Deliveries		6		1,282		3,660		2,788		76.2	%		0		0.0	%
Total Portfolio		39		7,606		20,724		14,732		71.1	%		11,683		68.5	%
Wholly-Owned Portfolio		30		5,776		15,688		11,632		74.1	%		9,551		68.8	%

⁽¹⁾As of June 10, 2012 and June 9, 2011, respectively