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American Campus Communities

American Campus Communities Plans for Returning Students

Mar 12, 2021 by Matthew DiLallo

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Despite the negative financial impacts to our business in 2020, we were encouraged by students' strong desire to be physically present in their college environment, demonstrating that the desired educational experience is much more than simply attending a classroom lecture. Ultimately, fall 2020 enrollment levels at Tier 1 universities we serve remained relatively consistent with 2019, and most students returned to their college towns for the fall term, regardless of whether their university was holding in-person classes or providing them online. This was evidenced by the fact that our portfolio achieved approximately 90% occupancy for the fall of 2020, with the sector as a whole being over 88% occupied.

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