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AUSTIN-A successful lease-up for the 2012-2013 school year combined with same-store NOI growth had executives at American Campus Communities‘ Q3 2012 earnings call excited about the numbers. The numbers reported at the Oct. 23 called included a same-store NOI that increased by 4.1% year-over-year, which was the result of a 2.8% revenue increase and an increase in operating expenses of less than 2%.

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