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EdR Announces Leasing Results for 2015/2016 Lease Term 3.8% Growth in Same-Community Revenue

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MEMPHIS, Tenn.--(BUSINESS WIRE)--EdR (NYSE:EDR), a national leader in the ownership, development and management of collegiate housing, today announced leasing results for the 2015/2016 lease term. EdR’s same-community portfolio opened the 2015/2106 lease term 97.0% occupied, compared to an opening occupancy of 96.6% in the prior year. In addition, same-community net rental rates increased 3.4% over the prior year for a total rental revenue growth of 3.8%. These results continue EdR’s strong sam

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