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American Campus Communities company history timeline

1993

Beginning his career as a Resident Assistant at West Virginia University, Bill went on to co-found American Campus Communities in 1993.

American Campus Communities was founded in Austin, Texas, in 1993 as American Campus Lifestyles Companies (ACLC) by Bill Bayless, who had been a resident dormitory adviser at West Virginia University; Joseph Domberger, a student housing owner; and Wayne Senecal, an entrepreneur.

1996

Late 1996 also saw ACLC win a contract to manage student housing at the new Texas A&M International University in Laredo.

In 1996, Prairie View A&M University became the company's first university partner with the development of on campus, University Village, opening with 100 percent occupancy and 400 students on the waitlist.

1997

In the summer of 1997 the firm sold a 76 percent ownership stake for $15 million to Reckson Opportunity Partners, L.P., an affiliate of Reckson Associates Realty Corp.

1998

In 1998 ACC won contracts worth $52.5 million to build three new housing projects at Texas A&M, Iona College, and Prairie View, and began construction of an $18 million, 620-bed apartment complex at the State University of New York at Buffalo.

1999

In the spring of 1999 the firm acquired a 444-bed complex at Arizona State University in Tempe, and in the summer it added townhouses and apartments at the University of Georgia in Athens, which could accommodate more than 1,100.

2000

In July 2000 an apartment complex called The Village at Alafaya Club, in Orlando, Florida, was acquired.

2001

In 2001 ACC bought a 288-unit facility in Blacksburg, Virginia, for $25.7 million, as well as a 732-bed one in Orlando, Florida.

2002

For 2002 the firm recorded revenues of $55 million and a loss of $2.1 million.

2003

ACC was also building a housing complex near the University of Colorado in Boulder, which would open in the fall of 2003 with 495 beds and add 499 more a year later.

2005

Sechler, Bob, "American Campus CEO Sees Growth Opportunity, 4Q on Track," Dow Jones News Service, February 25, 2005.

2006

ACC would subsequently manage the facility, which was slated to open in the fall of 2006.

2007

In January 2007 construction began on a $138 million, 1,866-bed complex at Arizona State University, which was the first part of a three-phase project that would eventually encompass 5,100 beds and a student center, classrooms, faculty offices, and a dining hall.

2008

Slated to open in the fall of 2008, it was the most ambitious partnership between a college and ACC to date.

In 2008, the company acquired the student housing division of GMH Communities Trust in a $1.4 billion transaction that doubled the size of the company.

2013

In 2013, ACC entered the Ivy League with Princeton's Merwick Stanworth faculty and staff housing community was its first project at an Ivy League university.

2016

In 2016, ACC broke ground on its 100th development, U Club Sunnyside at WVU, CEO Bill Bayless’ alma mater.

2017

In 2017, ASU opened the Tooker House, the largest engineering residential college.

2018

In 2018, ACC began construction on an approximately $615 million residential community for participants of the Disney College program, now known as Disney Internships & Programs, through an American Campus Equity translation.

2020

In 2020, ACC collaborated with RB, the makers of Lysol, to set a formalized approach to cleanliness and disinfection at its student housing communities in response to the COVID-19 pandemic.

2022

ACC Earns MHN Excellence Award for Best Property Managemet Company FEBRUARY 2022

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American Campus Communities competitors

Company nameFounded dateRevenueEmployee sizeJob openings
UMH Properties1968$186.1M42030
Equity Commonwealth2014$60.5M41-
American Community Properties Trust Inc-$49.0M217-
Peak Campus2011$45.0M3,00086
SmartStop Asset Management2015$3.0M300-
The Scion Group1999$20.0M6213
Independence Realty Trust Inc2009$640.0M444-
Realogy2006$5.7B9,435-
Campus Advantage2003$21.4M60075

American Campus Communities history FAQs

Zippia gives an in-depth look into the details of American Campus Communities, including salaries, political affiliations, employee data, and more, in order to inform job seekers about American Campus Communities. The employee data is based on information from people who have self-reported their past or current employments at American Campus Communities. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by American Campus Communities. The data presented on this page does not represent the view of American Campus Communities and its employees or that of Zippia.

American Campus Communities may also be known as or be related to American Campus Communities, American Campus Communities Inc. and American Campus Communities, Inc.