Education Realty Trust, Inc. is a self-administered, self-managed real estate investment trust that owns, develops and manages high-quality student housing communities throughout the United States. Led by a team with over 200 years of shared industry experience, EDR is one of America’s largest owners and operators of collegiate student housing. The Company has ownership and management interests in 65 properties with 38,143 beds in a total of 21 states. Here are the stats:
Yield: 4%+ (after recent cut, so it’s likely safe)
Size: $275 million
Volume: 450,000
Beta: 1.5
Owned: 86% institutional
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