EDR also manages student housing communities for college and
university systems across the country.
The properties are all less than three years in age and of a high asset
quality, consistent with the Company's student housing portfolio
characteristics.
The Company has commenced initial groundwork at the site, and expects
actual construction to begin in August with completion targeted for August
2006, concurrent with the beginning of the 2006-2007 academic year.

studying finders

The portfolio, consisting of
an aggregate of 1,712 beds/444 units , will be acquired for an approximate
purchase price of $48.2 million of
new debt with respect to one of the properties., GMH Communities
Trust (NYSE: GCT) through its student housing division , College Park
Communities, has completed the purchase of a 61-acre land parcel located at
the entrance of the University of Maine campus in Orono, Maine.


rented backpackers

For a discussion of such risks and uncertainties, which
could cause actual results to differ from those contained in the
forward -looking statements, see the "Risk Factors" section of EDR's
final prospectus for its initial public offering.gmhcommunities.

backpackers roommate

(NYSE: EDR) today announced it has acquired Campus Creek
Apartments in Oxford , Mississippi, home of the University of
Mississippi, on an all-cash basis at a net purchase price of $24
million.2 million. The debt carries an interest rate of
4. The
Company is based in Newtown Square, PA and employs more than 1,200 people
throughout the United States.

rented roommate

92%. The property is currently
owned by the Dinerstein Group of Houston, which was the developer.
Sterling University Riverside offers amenities including a free
shuttle bus to campus, a sand volleyball court, a basketball court , a
fitness center, a pool with sundeck, and hot tub.


military
residing at installations throughout the country.
Joseph M. These forward-looking statements are subject to risks and
uncertainties, including the ability to finalize terms with construction and
development partners on terms acceptable to the Company and to manage project
timing and costs, as well as the risk factors discussed in the Company's
periodic reports as filed with the Securities and Exchange Commission .

landlords rented

Its other property in
the state, The Reserve at Clemson, is located near Clemson University. Forward -looking
statements speak only as of the date on which they are made, and EDR
undertakes no obligation to update publicly or revise any
forward-looking statement, whether as a result of new information ,
future developments, or otherwise."

GMH Communities Trust (http://www. Coyle, President of the Company's student housing division
commented, "Orchard Trails Apartments provides us with a terrific opportunity
to develop a first-class student housing community that will retain and
preserve the natural beauty of the land.

backpackers hassle

75 acre site., GMH Communities
Trust (NYSE: GCT) announced today that it is finalizing due diligence on a
portfolio of three Class A student housing properties currently under
contract, located near the campuses of University of Nebraska, West Virginia
University and Bowling Green State University. The
Company is in the process of finalizing discussions with an institutional
joint venture partner to assist in financing the development of the project. The Company is based in Newtown
Square, PA and employs more than 1,400 people throughout the United States .

"Safe Harbor" Statement under the Private Securities Litigation Reform Act
of 1995: Statements in this press release that express the current beliefs and
expectations of our management are "forward -looking statements," such as the
anticipated timing and terms of the development plans for the Orchard Trails
Housing project, including plans to enter into a joint venture development
arrangement .

apartment hassle


Sterling University Riverside will provide EDR with properties at
both of South Carolina's premier universities. EDR will elect to be taxed as a real estate investment trust. We are excited about this transaction which will enable us to acquire
three high-quality student apartment communities in targeted higher education
markets while offering significant upside potential. The land parcel, acquired for a purchase price of
approximately $1. With solid demographics, limited
competition within the market and strong student enrollments at the University
of Maine, this has all the attributes of a successful project.

roomates apartment

Built in 2002, it is located 2.
Campus Creek is EDR's first property in Mississippi.

falmouth spacious

7 million and assumption of
existing debt of $11. The property
is located one mile from the University of Mississippi (Ole Miss)
campus, and is situated on an 18.

GMH Communities Trust Announces Development Parcel Acquisition Located Near University of Maine

townhomes falmouth




NEWTOWN SQUARE, Pa.0 million, has received final zoning and development and
construction approvals by the City of Orono and the State of Maine. We are a self-advised,
self-managed, specialty housing company focused on providing housing to
college and university students residing off-campus and to members of the U.

proposed vremco


"The acquisition of Campus Creek is consistent with our philosophy
of acquiring quality assets in close proximity to vital and growing
universities.7 million.5 million of existing fixed rate mortgage debt with respect
to two of the properties, and the placement of approximately $9. The transaction is expected
to close by late February 2005, subject to customary closing conditions ,
including completion of the lender's agreement to the assumption of the
existing debt and the successful placement of the new debt.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act
of 1995: Statements in this press release regarding GMH Communities Trust's
business which are not historical facts are "forward-looking statements,"
including statements regarding the anticipated closing date for the portfolio,
the aggregate purchase price of the portfolio , the satisfaction of customary
closing conditions, including the receipt of lender approval on the assumption
of existing debt and the placement of new debt, as well as management's view
that the portfolio offers significant upside potential.

capstone student



Business Editors

MEMPHIS, Tenn. EDR
expects to close on this acquisition around March 15, 2005. Student amenities
featured at Campus Creek include a fitness center, tanning domes, a
pool plaza with water volleyball, and a computer center. Enrollment at Ole Miss has grown 26% over the past 10
years, and is projected to continue to grow," said Paul O. NEWTOWN SQUARE, Pa. These
risks and uncertainties could cause our future results, performance or
achievements to differ significantly from the results, performance or
achievements expressed or otherwise implied by such forward-looking
statements.

landlord capstone

S. GMH Communities also provides property management services to
third party owners of student housing properties, including colleges,
universities , and other private owners.

vremco townhomes

Bower, EDR
chairman, chief executive officer, and president. GMH Communities also
provides property management services to third party owners of student
housing, including colleges, universities, and other private owners.

apartment roommates

com) is a publicly traded
Maryland real estate investment trust (REIT).
Construction of the complex will include 12 three-story residence buildings
and a one-story clubhouse that will feature a fitness center, game room, DVD
theater, tanning booth, computer lounge and leasing offices.
military and their families residing on or near installations throughout the
United States.

landlords apartment

Education Realty Trust Acquires Student Apartments Near Ole Miss Campus; Signs Purchase Agreement for South Carolina Property

The Company
also announced plans to develop a 144-unit/576-bed purpose-built student
housing community on the site that will be named College Park -- Orchard
Trails Apartments. Student-oriented
recreational amenities will include individual bedroom leases, fully furnished
units, high-speed Internet access in each bedroom, and sports courts .

housing apartment

"

About Education Realty Trust

Education Realty Trust owns, manages, and develops student housing
communities located near university campuses throughout the United
States.
"Safe Harbor " Statement under the Private Securities Litigation
Reform Act of 1995: Statements in this press release regarding
Education Realty Trust's business that are not historical facts are
"forward-looking statements. These forward-looking
statements are subject to risks and uncertainties, including the Company's
ability to complete the acquisition of the portfolio within the anticipated
timeframe or at all or for the anticipated purchase price, to obtain lender's
approval of its assumption of existing debt or successfully negotiate the
placement of new debt on terms acceptable to the Company or at all, and to
achieve anticipated returns on the properties in line with management's
estimates ."

GMH Communities Trust (http://www. Forward-looking statements speak only as of the date on which they
are made, and the Company undertakes no obligation to update publicly or
revise any of the forward-looking statements.

antwerp landlord

gmhcommunities. It is a self-advised, self-
managed specialty housing company focused on providing housing to college and
university students residing off-campus and to members of the U.

capstone sublet

The Sterling University Riverside property includes 144
apartments and 480 beds. The purchase includes the assumption of
approximately $26. A
50-acre open green space with hiking trails connected to the Orono Land Trust
trail network is planned for the project.com ) is a publicly traded
Maryland real estate investment trust (REIT).

apartment townhomes


The Company also announced it has signed an agreement to purchase
Sterling University Riverside apartments, serving the University of
South Carolina in Columbia, for $13. Additionally, all of the properties have the advantage of
being in close proximity to each of the university's campus and offer resort-
style amenities such as fitness centers, computer labs, swimming pools,
tanning beds and furnished units.

falmouth comfortable

The property
is 92% leased for the current academic year." Forward-looking statements are based on
current expectations and involve a number of known and unknown risks
and uncertainties that could cause EDR 's future results, performance,
or achievements to differ significantly from the results, performance ,
or achievements expressed or implied by such forward-looking
statements.

apartment backpackers

5 miles from
the University of South Carolina campus.

GMH Communities Trust To Acquire Three Student Housing Properties in Nebraska West Virginia and Ohio

College Park Management, LLC, the student
housing division of GMH Communities Trust that operates and manages on and off
campus student housing communities in 36 major college /university markets,
would manage the properties upon completion of the acquisition.S.

Find in this category international web sites with listings for apartment rentals proposed by individuals or real estate agencies; including roommate finders.

apartment roomates

----Education Realty
Trust, Inc. Opened in 2004, Campus Creek includes six three-story
apartment buildings containing 192 units and 636 beds. The property
was purchased from Foundation Development, an affiliate of PRS
Companies based in Roswell, Georgia .

townhomes backpackers

The property is 92%
leased for the current academic year. "Sterling University
Riverside is also a solid fit for our portfolio of modern, well-built,
highly-amenitized properties, and we are in the process of evaluating
many other similar opportunities in markets across the country.
Joseph M. Coyle, President of Company's student housing division, said,
"We continue to diligently execute our strategic plan as outlined during our
IPO.

townhomes hassle

 You Are Here:  > Start > Business_and_Employment > Real_Estate > Residential > Rentals > Students    ( Viewing: Main Section )
Working overtime to stay the Web's best reference!
Search the Web
 
-> Show SiteSeek's List of Web Sites For This Topic (Not Yet Peer Reviewed)

- -
kjjkjk


Loading...

(Note: These pages use the Atlas Content Safeguard System (ACSS) and require that Javascript is enabled for viewing.)