CHARLOTTE, N.C., Feb. 25, 2016 /PRNewswire/ -- Campus Crest Communities, Inc. (the "Company") (NYSE: CCG) today announced the tax reporting information (Federal 1099) for the Company's 2015 distributions to shareholders. The 2015 distribution characteristics are as follows:

Common Stock - CUSIP Number 13466Y105:



       Record                     Payment                  Cash Distribution            Ordinary Taxable            Qualified Dividend            Capital Gain            Unrecaptured             Return of Capital
        Date                        Date                       Per Share                    Dividend                   (Box 1b) (1)                 (Box 2a)              Section 1250                  (Box 3)
                                                                                            (Box 1a)                                                                      (Box 2b) (2)



     12/19/2014                              1/29/2015                       $0.0900000                  $0.0000000                    $0.0000000              $0.0000000               $0.0000000                       $0.0900000


                                               Totals:                       $0.0900000                  $0.0000000                    $0.0000000              $0.0000000               $0.0000000                       $0.0900000

                                          Percentages:                        100.0000%                    0.0000%                      0.0000%                0.0000%                 0.0000%                       100.0000%


                (1) Included in Ordinary Taxable Dividend.

                (2) Included in Capital Gain.

Series A Preferred Stock - CUSIP Number 13466Y204:



       Record                     Payment                  Cash Distribution            Ordinary Taxable            Qualified Dividend            Capital Gain            Unrecaptured Section 1250         Return of Capital
        Date                        Date                       Per Share                    Dividend                   (Box 1b) (1)                 (Box 2a)                    (Box 2b) (2)                     (Box 3)
                                                                                            (Box 1a)



     12/19/2014                              1/15/2015                       $0.5000000                  $0.0000000                    $0.0000000              $0.0000000                        $0.0000000                       $0.5000000


                                               Totals:                       $0.5000000                  $0.0000000                    $0.0000000              $0.0000000                        $0.0000000                       $0.5000000

                                          Percentages:                        100.0000%                    0.0000%                      0.0000%                0.0000%                          0.0000%                       100.0000%


                (1) Included in Ordinary Taxable Dividend.

                (2) Included in Capital Gain.

The Company did not incur any foreign taxes. This information represents final income allocations.

In accordance with IRS Code Section 6045B, the company has posted Form 8937, "Report of Organizational Actions Affecting Basis of Securities," which is available on our website at http://www.campuscrest.com. This form will provide detailed information on the return of capital portion of the common share distributions.

About Campus Crest Communities, Inc.

Campus Crest Communities, Inc. is a leading owner and manager of high-quality student housing properties located close to college campuses in targeted markets. It has ownership interests in 79 student housing properties with over 42,000 beds across North America. Additional information can be found on the Company's website at http://www.campuscrest.com.

Forward-Looking Statements

Forward-looking statements involve risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements. Please refer to the documents filed by Campus Crest Communities, Inc. with the SEC, specifically the most recent reports on Forms 10-K and 10-Q, which identify important risk factors which could cause actual results to differ from those contained in the forward-looking statements.

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SOURCE Campus Crest Communities, Inc.