>>>>>On February 21, 2017, American Campus Communities, Inc. (the “Company”) issued a press release (the “Earnings Release”) announcing, among other things, earnings for the quarter ended December 31, 2016. The text of the Earnings Release is included as Exhibit 99.1 to this Current Report.

>>>>>The Earnings Release is furnished to Item 2.02 and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”), or subject to the liabilities of that Section. The information in this Current Report shall not be incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

ITEM 7.01 REGULATION FD DISCLOSURE

>>>>On February 21, 2017, the Company disclosed a supplemental analyst package in connection with its earnings conference call for the quarter ended December 31, 2016 which will take place on February 22, 2017. A copy of the supplemental analyst package is attached hereto as Exhibit 99.2.

>>>>>The supplemental analyst package is furnished to Item 7.01 and shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or subject to the liabilities of that Section. The information in this Current Report shall not be incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

The list of exhibits is incorporated herein by reference to the Exhibit Index.

(S)

About AMERICAN CAMPUS COMMUNITIES, INC. (NYSE:ACC)

American Campus Communities, Inc. is a self-managed and self-administered equity real estate investment trust. The Company’s segments include Wholly-Owned Properties, On-Campus Participating Properties, Development Services, and Property Management Services. It is engaged in the acquisition, design, financing, development, construction management, leasing and management of student housing properties. The Wholly-Owned Properties segment consists of off-campus properties, which are generally located in close proximity to the school campus. The On-Campus Participating Properties segment includes on-campus properties that are operated under long-term ground/facility leases with university systems. The Development Services segment consists of development and construction management services that it provides through one of its taxable REIT subsidiaries (TRSs) for third-party owners. The Property Management Services segment includes revenues generated from third-party management contracts.

AMERICAN CAMPUS COMMUNITIES, INC. (NYSE:ACC) Recent Trading Information

AMERICAN CAMPUS COMMUNITIES, INC. (NYSE:ACC) closed its last trading session up +0.61 at 50.22 with 510,984 shares trading hands.