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AUSTIN-American Campus Communities Inc. has acquired fouroff-campus student housing developments, totaling 2,639 beds inKentucky, Michigan, Ohio and West Virginia. The assets, selling intwo separate transactions, cost $127.6 million to bed down.

The Austin-based American Campus picked up a portfolio fromColumbus, OH-based Edwards Communities for $102 million and aone-off from Pyramid Properties LLC in Huntington, WV for $26.5million. The portfolio consists of the 858-bed Newtown Crossing at351 Foreman Ave. near the University of Kentucky in Lexington;550-bed Olde Towne University Square at 1746 N. Westwood Ave. nearthe University of Toledo; and 479-bed Pensinsular Place at 1000 N.Huron River Dr. near East Michigan University in Ypsilanti. Theone-off is the 752-bed Courtyard by Pyramid at 2101 6th Ave. nearMarshall University in Huntington, WV.