Streamlining Utility Data Across a National Student Housing Portfolio
A Benchmarking
Buildings Case Study
American Campus Communities
American Campus Communities partnered with MD Energy Advisors to modernize utility data management across 205 properties and 133,700 beds. By implementing a software solution to centralize invoice processing and utility analytics, they eliminated late fees, improved operational efficiency, and empowered data-driven energy strategies portfolio-wide.
Energy Problem
Texas-based American Campus Communities (NYSE:ACC) is the nation’s largest developer, owner and manager of student housing communities. Their expansive portfolio includes 205 properties with approximately 133,700 beds. ACC identified a need to update their systems to better manage the thousands of monthly invoices and data points across their expanding portfolio.
Our Solution
MD Energy Advisors worked with ACC to find the best software partner who had the capacity to gather the nationwide data, organize and analyze it to prioritize their energy efforts. By managing the invoice payment process, the new partner has generated operational efficiencies for ACC's property managers and corporate A/P staff while providing detailed utility data and eliminating late fees.
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