Attached files
file | filename |
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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. | ||||||||||||||||||