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