American Campus Communities

One Call Appoints Jessie Burgess to Board of Directors

Retrieved on: 
Wednesday, January 10, 2024

JACKSONVILLE, Fla., Jan. 10, 2024 /PRNewswire/ -- One Call, a care coordination leader within the workers' compensation industry, today announced that Jessie Burgess has been appointed to the company's board of directors.

Key Points: 
  • JACKSONVILLE, Fla., Jan. 10, 2024 /PRNewswire/ -- One Call, a care coordination leader within the workers' compensation industry, today announced that Jessie Burgess has been appointed to the company's board of directors.
  • His rich experience in information technology will be a major benefit to our company and the clients we serve.
  • Burgess began his executive career after serving in the U.S. Air Force for five years as a communications and computer systems officer.
  • "One Call has such a strong history and presence in the workers' compensation industry, and yet, I see so much untapped, future potential," said Burgess.

FAVERGRAY ANNOUNCES DELIVERY OF FLAMINGO CROSSINGS VILLAGE: 10,440-BED DEVELOPMENT FOR DISNEY INTERNSHIPS & PROGRAMS PARTICIPANTS

Retrieved on: 
Thursday, October 26, 2023

The purpose of establishing this community was to cater to individuals participating in the Disney Internships Program.

Key Points: 
  • The purpose of establishing this community was to cater to individuals participating in the Disney Internships Program.
  • For more than 40 years, the Disney Internships Program has provided an exceptional professional journey for students all over the world.
  • Spanning approximately 120 acres of land, the Flamingo Crossings Village initiative occupies two sections of property located to the East and West of Flamingo Crossings Boulevard.
  • FaverGray is proud to contribute to the success of the Disney Internships Program and looks forward to seeing the positive impact Flamingo Crossings Village will have on the lives of its residents.

Disney College Program Offers College Students and Recent Graduates the Internship Experience of a Lifetime

Retrieved on: 
Wednesday, September 6, 2023

LAKE BUENA VISTA, Fla., Sept. 6, 2023 /PRNewswire/ -- Applications for the Disney College Program just opened for the spring 2024 semester, giving college students and recent graduates a unique internship opportunity to work, learn and play at Walt Disney World.

Key Points: 
  • LAKE BUENA VISTA, Fla., Sept. 6, 2023 /PRNewswire/ -- Applications for the Disney College Program just opened for the spring 2024 semester, giving college students and recent graduates a unique internship opportunity to work, learn and play at Walt Disney World.
  • Applications for the Disney College Program are open for the spring 2024 semester.
  • Since it began more than 40 years ago, the Disney College Program has kickstarted careers for many Disney leaders, community members and industry professionals.
  • In addition to the College Program, Disney offers programs for international students and culinary students as well as internships, where college students and recent graduates can work side-by-side with industry leaders in their field of study and build upon the skills they've learned in the classroom.

American Campus Communities Implements Succession Plan

Retrieved on: 
Thursday, January 12, 2023

American Campus Communities (ACC), the nation’s premier student housing manager, owner and developer, announced today that Rob Palleschi, who most recently served as the Chief Executive Officer of G6 Hospitality, will be joining the company to serve as its new Chief Executive Officer, effective January 17, 2023.

Key Points: 
  • American Campus Communities (ACC), the nation’s premier student housing manager, owner and developer, announced today that Rob Palleschi, who most recently served as the Chief Executive Officer of G6 Hospitality, will be joining the company to serve as its new Chief Executive Officer, effective January 17, 2023.
  • View the full release here: https://www.businesswire.com/news/home/20230112005164/en/
    Rob Palleschi joins ACC as CEO (Photo: Business Wire)
    “Building and leading this company has been the greatest honor and privilege of my life.
  • As we enter our 30th anniversary year, I’m excited to implement the next phase of our succession plan and to begin the next chapter at ACC,” said Bayless.
  • “It is an incredible honor for me to be entrusted to continue the legacy Bill has built at American Campus Communities,” shared Palleschi.

Julie Arrowsmith, G6 Hospitality's President and Chief Financial Officer, Appointed President and Interim Chief Executive Officer of G6

Retrieved on: 
Thursday, January 12, 2023

DALLAS, Jan. 12, 2023 /PRNewswire/ -- G6 Hospitality LLC, the parent company of Motel 6 and Studio 6 brands in the U.S. and Canada, today announced that Julie Arrowsmith, President and Chief Financial Officer of G6, has been appointed President and Interim Chief Executive Officer.

Key Points: 
  • DALLAS, Jan. 12, 2023 /PRNewswire/ -- G6 Hospitality LLC, the parent company of Motel 6 and Studio 6 brands in the U.S. and Canada, today announced that Julie Arrowsmith, President and Chief Financial Officer of G6, has been appointed President and Interim Chief Executive Officer.
  • Rob Palleschi will step down as the Company's Chief Executive Officer, effective today, as he transitions to the position of Chief Executive Officer of American Campus Communities, the nation's premier student housing manager, owner and developer.
  • Ms. Arrowsmith has served in various leadership positions across the G6 organization over her 28-year career.
  • "It has been a great honor to be CEO of G6 for the last five years," said Mr. Palleschi.

American Campus Communities Promotes Kim Voss as New Chief Financial Officer

Retrieved on: 
Monday, November 14, 2022

American Campus Communities (ACC), the nations largest student housing manager, owner and developer has announced the promotion of Kim Voss to Chief Financial Officer (CFO).

Key Points: 
  • American Campus Communities (ACC), the nations largest student housing manager, owner and developer has announced the promotion of Kim Voss to Chief Financial Officer (CFO).
  • We are so excited to have Kim Voss step into the role of CFO, marking the continued progression of her career at American Campus Communities and expanding upon the meaningful impact shes already had on the company over the past 18 years, said Bill Bayless, chief executive officer at American Campus Communities.
  • As ACCs Chief Financial Officer, Voss will be responsible for all aspects of the companys financial operations including accounting, treasury, debt and capital markets, tax, risk management, financial planning and reporting, financial systems and internal controls.
  • American Campus Communities, a Blackstone portfolio company, is the largest owner, manager and developer of high-quality student housing communities in the United States.

Student Housing Companies Create College Student Mental Wellness Advocacy Coalition to Help Destigmatize Mental Health Issues

Retrieved on: 
Monday, October 3, 2022

For the past four years, the nonprofit and ACC have conducted a College Student Fall Mental Wellness Survey.

Key Points: 
  • For the past four years, the nonprofit and ACC have conducted a College Student Fall Mental Wellness Survey.
  • The Coalition will build on the learnings from this past survey and training experiences to provide new, leading resources for members.
  • The Coalition and JED intend to use the survey data to create initiative benchmarks aimed at strengthening university resource connectionsultimately, creating a mental health safety net to help save lives.
  • To learn more about the new College Student Mental Wellness Advocacy Coalition, please visit www.thrivingcollegestudents.org.

Blackstone Funds Complete $13 Billion Acquisition of American Campus Communities

Retrieved on: 
Tuesday, August 9, 2022

Blackstone (NYSE: BX) today announced that Blackstone Core+ perpetual capital vehicles, primarily comprising Blackstone Real Estate Income Trust, Inc. (BREIT) and Blackstone Property Partners (BPP), have completed the previously announced acquisition of all of the outstanding shares of common stock of American Campus Communities, Inc. (ACC), the largest developer, owner and manager of high-quality student housing communities in the United States, for approximately $12.8 billion, including the assumption of debt.

Key Points: 
  • Blackstone (NYSE: BX) today announced that Blackstone Core+ perpetual capital vehicles, primarily comprising Blackstone Real Estate Income Trust, Inc. (BREIT) and Blackstone Property Partners (BPP), have completed the previously announced acquisition of all of the outstanding shares of common stock of American Campus Communities, Inc. (ACC), the largest developer, owner and manager of high-quality student housing communities in the United States, for approximately $12.8 billion, including the assumption of debt.
  • Jacob Werner, Co-Head of Americas Acquisitions for Blackstone Real Estate, said, We are pleased to complete this transaction and welcome the American Campus Communities team to Blackstone.
  • American Campus Communities, Inc. is the largest owner, manager and developer of high-quality student housing communities in the United States.
  • As of June 30, 2022, American Campus Communities owned 166 student housing properties containing approximately 111,900 beds.

American Campus Communities’ Stockholders Approve Acquisition by Blackstone Funds

Retrieved on: 
Thursday, August 4, 2022

American Campus Communities, Inc. (NYSE:ACC), the largest owner, manager and developer of high-quality student housing properties in the U.S., today announced that, at the concluded special meeting of stockholders held today, its stockholders approved the acquisition of the company by Blackstone Core+ perpetual capital vehicles, primarily comprised of Blackstone Real Estate Income Trust, Inc., alongside Blackstone Property Partners L.P.

Key Points: 
  • American Campus Communities, Inc. (NYSE:ACC), the largest owner, manager and developer of high-quality student housing properties in the U.S., today announced that, at the concluded special meeting of stockholders held today, its stockholders approved the acquisition of the company by Blackstone Core+ perpetual capital vehicles, primarily comprised of Blackstone Real Estate Income Trust, Inc., alongside Blackstone Property Partners L.P.
  • American Campus Communities, Inc. is the largest owner, manager and developer of high-quality student housing communities in the United States.
  • As of June 30, 2022, American Campus Communities owned 166 student housing properties containing approximately 111,900 beds.
  • These statements are based on managements current expectations and assumptions regarding markets in which American Campus Communities, Inc. (the Company) operates, operational strategies, anticipated events and trends, the economy, and other future conditions.

American Campus Communities Announces Proxy Advisory Firm Glass Lewis Joins ISS in Recommending Stockholders Vote “FOR” Proposed Acquisition by Blackstone Funds

Retrieved on: 
Monday, July 25, 2022

All stockholders of record as of the close of business on June 14, 2022 are entitled to vote at the Special Meeting.

Key Points: 
  • All stockholders of record as of the close of business on June 14, 2022 are entitled to vote at the Special Meeting.
  • The companys stockholders are reminded that their vote is extremely important, no matter how many shares they own.
  • To follow the recommendations of ISS and our Board of Directors, stockholders should vote FOR the proposed merger today.
  • American Campus Communities, Inc. is the largest owner, manager and developer of high-quality student housing communities in the United States.