FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person *   Henneman Michael J 2. Date of Event Requiring Statement (Month/Day/Year) 03/01/2006 3. Issuer Name and Ticker or Trading Symbol AMERICAN CAMPUS COMMUNITIES INC [ACC] (Last) (First) (Middle) 805 LAS CIMAS PARKWAY, SUITE 400 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) AUSTIN, TX 78746 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Units of ltd prtnrship interest in ACC Oper. Partnership LP	  (1)	  (1)	Common Stock	457,490	$ (1)	D	Â
Units of ltd prtnrship interest in ACC Oper. Partnership LP	  (1)	  (1)	Common Stock	68,075	$ (1)	I	By Henneman Family Trust
Units of ltd prtnrship interest in ACC Oper. Partnership LP	  (1)	  (1)	Common Stock	6,698	$ (1)	I	By HSW Properties LLC

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Henneman Michael J 805 LAS CIMAS PARKWAY, SUITE 400 AUSTIN, TX 78746	  X	Â	Â	Â

Signatures

/s/ Michael J. Henneman		03/06/2006
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	There is no exercise date or expiration date for these securities. Each security is redeemable commencing March 1, 2007 for cash equal to the fair market value of the common stock, or at the option of American Campus Communities Operating Partnership LP, one share of common stock.

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