Attached files
file | filename |
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8-K - 8-K - Education Realty Trust, Inc. | edr-form8xkforprexleasings.htm |
Preleasing Update Summary |
Preleasing at June 2, | ||||||||||||
Community Type | Design Beds | 2013 | 2012 | Projected Rate Increase | ||||||||
Same-communities | ||||||||||||
Communities with Prior Year Occupancy Below 95% | 13,164 | 68.1 | % | 63.9 | % | 1.2 | % | |||||
Communities with Prior Year Occupancy 95% to 97.9% | 1,087 | 94.4 | % | 41.3 | % | 3.8 | % | |||||
Communities with Prior Year Occupancy 98% and Above | 7,440 | 82.1 | % | 87.4 | % | 3.1 | % | |||||
Total Same-communities | 21,691 | 74.2 | % | 70.8 | % | 2.2 | % | |||||
New-Communities (1) | ||||||||||||
2013 Developments | 2,750 | 80.5 | % | |||||||||
2012 Acquisitions | 3,309 | 75.8 | % | |||||||||
Total New-Communities | 6,059 | 77.9 | % | |||||||||
Total Owned-Communities | 27,750 | 75.0 | % | |||||||||
(1) New communities include those that have been purchased or developed since September of 2012.
Note: The redevelopment of 3949 at Saint Louis University, which was damaged by fire on July 17, 2012, is underway. The community is expected to be fully reopened this summer. The redevelopment costs are covered by insurance proceeds. Therefore, the leasing data for this community is not included in the numbers shown above.
June 2013 Preleasing Update | 1 |