Mecklenburg Times: News for Mecklenburg, Union and Iredell counties Real Estate, Development, Construction, and Community News in the Charlotte area and throughout Mecklenburg, Union and Iredell counties
Campus Crest Communities today said it had a net loss of $474,000 in the first quarter, or 2 cents per share, down from a net loss of $3.2 million in the same quarter last year before the company went public.
The Charlotte-based student housing owner, developer and manager had $23.8 million in revenue in the quarter, down from $28.5 million a year ago.
Campus Crest Communities owns, manages and operates 17,064 beds and 6,324 units, including those at properties under construction.
