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(CCG)


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  • PR Newswire9 months ago

    Harrison Street Completes the Acquisition of Campus Crest

    CHARLOTTE, N.C., March 2, 2016 /PRNewswire/ -- Campus Crest Communities, Inc. (CCG) (the "Company" or "Campus Crest"), today announced that it successfully closed its previously announced merger with an affiliate of Harrison Street Real Estate Capital, LLC ("Harrison Street"). Holders of shares of Campus Crest's common stock will receive $7.018 in cash for each share of common stock held as of the closing.  Prior to the closing, all of the escrowed monies related to the previously disclosed sale of the Company's Montreal joint venture interests were released from escrow. Additionally, at the closing, the Company set aside sufficient funds for the redemption of the Company's 8.0% Series A Cumulative Redeemable Preferred Stock, which will be redeemed on March 3, 2016, at a redemption price of $27.256, consisting of the par value of $25.00 per share, plus $2.256 per share of accrued but unpaid dividends.

  • PR Newswire9 months ago

    Campus Crest Merger Closing Scheduled For Wednesday, March 2, 2016

    CHARLOTTE, N.C., Feb. 29, 2016 /PRNewswire/ -- Campus Crest Communities, Inc. (CCG) (the "Company" or "Campus Crest"), today announced that it expects the closing of its previously announced merger with an affiliate of Harrison Street Real Estate Capital, LLC ("Harrison Street") to occur on Wednesday, March 2, 2016, subject only to customary closing deliveries and conditions being satisfied at the closing. As of the close of business on the closing date, all of Campus Crest's common stock will be delisted from the New York Stock Exchange. In connection with the closing of the transaction, holders of shares of Campus Crest's common stock will receive $6.987 per share in cash, and holders of shares of the Company's 8.0% Series A Cumulative Redeemable Preferred Stock will be redeemed at a par value of $25.00 per share, plus $2.256 per share of accrued but unpaid dividends.

  • PR Newswire9 months ago

    Campus Crest Communities, Inc. Announces Tax Reporting Information for 2015 Dividends

    CHARLOTTE, N.C., Feb. 25, 2016 /PRNewswire/ -- Campus Crest Communities, Inc. (the "Company") (NYSE: CCG) today announced the tax reporting information (Federal 1099) for the Company's 2015 distributions ...