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8-K - 8-K - Education Realty Trust, Inc.a8-k2015x2016leasing.htm
EX-99.2 - EXHIBIT 99.2 PRESS RELEASE DATED SEPTEMBER 28, 2015 - Education Realty Trust, Inc.exhibit992pressrelease2015.htm
FALL 2015 FINAL LEASING RESULTS


 
 
 
Opening Occupancy
 
 
Year Over Year Change In
 
Design Beds
 
2015
 
2014
 
 
Occupancy
 
Rate
 
Total Revenue
 
 
 
 
 
 
 
 
 
 
 
 
 
Same-Communities - by Tier
 
 
 
 
 
 
 
 
 
 
 
 
     Prior Year Occupancy Below 90% (Tier 1)
2,906

 
86.9
%
 
81.6
%
 
 
5.3
 %
 
2.6
%
 
7.9
%
     Prior Year Occupancy 90% to 94.9% (Tier 2)
2,063

 
94.0
%
 
92.2
%
 
 
1.8
 %
 
2.1
%
 
3.9
%
     Prior Year Occupancy 95% to 97.9% (Tier 3)
5,772

 
97.9
%
 
97.4
%
 
 
0.5
 %
 
3.7
%
 
4.2
%
Prior Year Occupancy 98% and Above (Tier 4)
15,996

 
98.8
%
 
99.7
%
 
 
(0.9
)%
 
3.6
%
 
2.7
%
Total Same-Communities
26,737

 
97.0
%
 
96.6
%
 
 
0.4
 %
 
3.4
%
 
3.8
%
Total New-Communities
3,557

 
95.5
%
 
 
 
 
 
 
 
 
 
Total Communities
30,294

 
96.8
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Note: The same-community designation for leasing purposes is different than for financial statement purposes. A community is considered same-community for leasing when the Company has managed the leasing process for at least two leasing cycles, including the 2015/2016 leasing cycle.