UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C., 20549
Form 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date Of Report (Date Of Earliest Event Reported): 2/8/05
American Campus Communities, Inc.
(Exact Name of Registrant as Specified in its Charter)
Commission File Number: 001-32265
MD 760753089
(State or Other Jurisdiction Of (I.R.S. Employer
Incorporation or Organization) Identification No.)
805 Las Cimas Parkway Suite 400
Austin, TX 78746
(Address of Principal Executive Offices, Including Zip Code)
512-732-1000
(Registrant's Telephone Number, Including Area Code)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17CFR240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act(17CFR240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act(17CFR240.13e-4(c))
Items to be Included in this Report
Item 2.01 - Completion of Acquisition or Disposition of Assets
On February 7, 2005, American Campus Communities, Inc. announced the
completion of the acquisition of four student housing communities located near
the campuses of Florida State University, the University of Florida and Florida
A&M University. The properties contain a total of 1,528 beds and were acquired
for an aggregate purchase price of approximately $47.5 million, including the
assumption of approximately $31.0 million of existing fixed-rate mortgage debt.
The acquisition of a fifth property for an aggregate purchase price of
approximately $6.0 million and assumption of approximately $4.4 million in
existing fixed-rate mortgage debt is expected to close by the end of February
2005.
The press release is furnished pursuant to Item 2.01 and shall not be
deemed "filed" for purposes of Section 18 of the Securities Act of 1934 (the
"Exchange Act"), or subject to the liabilities of that Section. The information
in this Current Report shall not be incorporated by reference in any filing
under the Securities Act of 1933 or the Exchange Act, except as shall be
expressly set forth by specific reference in such filing.
Signature(s)
Pursuant to the Requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
Undersigned hereunto duly authorized.
American Campus Communities, Inc.
By: /s/ Mark J. Hager
Date: February 8, 2005 --------------------------------------
Mark J. Hager
Executive Vice President,
Chief Financial and Accounting Officer
and Treasurer
Exhibit Index
Exhibit No. Description
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EX-99.1 Press Release Dated February 7, 2005