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EX-99.2 - EXHIBIT 99.2 PRESS RELEASE DATED SEPTEMBER 27, 2016 - Education Realty Trust, Inc.exhibit992pressrelease2016.htm
8-K - 8-K - Education Realty Trust, Inc.a8-k2016x2017leasing.htm
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FALL 2016 FINAL LEASING RESULTS


 
 
 
Opening Occupancy
 
 
Year Over Year Change In
 
Design Beds
 
2016
 
2015
 
 
Occupancy
 
Rate
 
Total Revenue
 
 
 
 
 
 
 
 
 
 
 
 
 
Same-Communities - by Tier
 
 
 
 
 
 
 
 
 
 
 
 
     Prior Year Occupancy Below 90% (Tier 1)
2,000

 
79.9
%
 
82.5
%
 
 
(2.6
)%
 
0.3
%
 
(2.3
)%
     Prior Year Occupancy 90% to 96.9% (Tier 2)
4,558

 
96.9
%
 
95.2
%
 
 
1.7
 %
 
2.1
%
 
3.8
 %
Prior Year Occupancy 97% and Above (Tier 3)
20,979

 
98.2
%
 
99.8
%
 
 
(1.6
)%
 
3.8
%
 
2.2
 %
Total Same-Communities
27,537

 
96.7
%
 
97.8
%
 
 
(1.1
)%
 
3.4
%
 
2.3
 %
Total New-Communities
4,685

 
88.8
%
 
 
 
 
 
 
 
 
 
Total Communities
32,222

 
95.6
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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 2016/2017 leasing cycle.