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