Campus Crest buys Copper Beech for $262M

02/28/2013 | Bloomberg Businessweek

Campus Crest Communities is acquiring a 48% stake in student housing operator Copper Beech Townhome Communities for $262 million. The deal includes the option to acquire the rest of the company by mid-2016. The REIT will issue 22.2 million shares to raise up to $312 million to help fund the acquisition.

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