American Campus Communities, the largest student housing company in the U.S., owns 166 student housing properties with about 111,900 beds. Including third-party managed properties, the company's managed portfolio encompasses 201 properties with 137,900 beds. ACC's housing is considered more modern and comfortable than older college dormitories and privately owned apartments. Amenities include gyms and spacious rooms. The company is a self-managed and self-administered equity real estate investment trust (REIT). ACC shares are included in the S&P Midcap 400 Index.