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8-K - FORM 8-K - Education Realty Trust, Inc.v308274_8k.htm

 

 

                               
                               
2012/2013 PreLeasing Update                            
                           

 

  2012-2013   2011-2012   Projected       September 30, 2011  
  Leases1 %   Leases1 %   Rate Increase   Design Beds   Opening Occupancy  
                             
Same-communites          10,442   50.3%          10,236   49.3%   4.0%           20,761   94.9%  
New-communities            1,5612   40.5%              4643   39.8%3 NM             3,8532   90.1%  
Total          12,003   48.8%          10,700   48.8%   4.0%           24,614   94.7%  
                             

 

  

1 As of March 29, 2012 and 2011 for the current year and prior year, respectively.
   
2 Includes the following properties: Westminster House purchased in the second quarter of 2011, University Village Towers purchased in the third quarter of 2011 from a joint venture in which we previously held a 10% interest, Lotus Lofts, Irish Row, GrandMarc at Westberry Place and 3494 Lindell  all purchased in the fourth quarter of 2011 and The Reserve on Stinson purchased in the first quarter of 2012 from a joint venture in which we previously held a 10% interest. Also includes 3 communities currently under construction and anticipated to open for occupancy in Summer 2012.
   
3 Includes University Village Towers and The Reserve on Stinson which were purchased from joint ventures in which we previously held a 10% interest and were managed by EdR in 2011.