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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