American campus communities announces $13 billion transaction with blackstone funds

Austin, texas & new york--(business wire)--american campus communities, inc. (nyse: acc) (“acc” or the “company”), the largest developer, owner and manager of high-quality student housing communities in the united states, today announced that it has entered into a definitive agreement under which blackstone core+ perpetual capital vehicles, primarily comprised of blackstone real estate income trust, inc. (“breit”), alongside blackstone property partners (“bpp”), will acquire all outstanding sha
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