MEMPHIS, Tenn., Oct. 3, 2016 /PRNewswire/ -- EdR (NYSE: EDR), one
of the nation's largest developers, owners and managers of high
quality collegiate housing, today announced the appointment of
John T. Thomas to the Company's
Board of Directors, effective immediately. Thomas will serve as an
independent director of the company.
"John's business acumen, knowledge of REITs and legal matters
will benefit EdR. He will be a valuable resource to our board and
management team," said Randy
Churchey, EdR's chief executive officer.
Thomas has been the president, chief executive officer and
member of the board of trustees of Physicians Realty Trust (NYSE:
DOC) since August 2013. DOC is an
internally managed healthcare REIT with a focus on acquiring and
managing medical office buildings and other healthcare facilities
that has invested $2.4 billion in 222
properties across 30 states since its IPO in 2013.
Prior to that Thomas was executive vice president – medical
facilities group for Health Care REIT Inc. from January 2009 to July
2012. Under his guidance, the total net investments of HCN's
medical facilities group grew from $2.3
billion in assets to approximately $5
billion.
Thomas received his J.D. from Vanderbilt
University Law School and his B.S. in Economics from
Jacksonville State University, where he
was a scholarship letterman on the football team and a member of
the Academic All-Conference Team. Thomas graduated with Distinction
and Special Honors in Economics.
About EdR
EdR (NYSE:EDR) is one of America's largest owners, developers
and managers of collegiate housing. EdR is a self-administered and
self-managed real estate investment trust that owns or manages 86
communities with more than 44,000 beds serving 53 universities in
24 states. EdR is a member of the Russell 2000 Index, the S&P
MidCap 400 and the Morgan Stanley REIT indices. For details, please
visit the company's Web site at www.EdRtrust.com.
For more information, contact:
J. Drew Koester, Senior Vice
President, Capital Markets and Investor Relations
901-259-2523 dkoester@EdRtrust.com
For media information or photography, contact:
Craig Wack, PR
Coordinator
901-252-6809 cwack@EdRtrust.com
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995
Statements about the company's business that are not historical
facts are "forward-looking statements." Forward-looking statements
are based on current expectations. You should not rely on our
forward-looking statements because the matters they describe are
subject to known and unknown risks and uncertainties that could
cause the company's future results, performance, or achievements to
differ significantly from the results, performance, or achievements
expressed or implied by such statements. Such risks are set forth
under the captions "Item 1A. Risk Factors" and "Forward-Looking
Statements" in our annual report on Form 10-K and under the caption
"Item 2. Management's Discussion and Analysis of Financial
Condition and Results of Operations" (or similar captions) in our
quarterly reports on Form 10-Q, and as described in our other
filings with the Securities and Exchange Commission.
Forward-looking statements speak only as of the dates on which they
are made, and the company undertakes no obligation to update
publicly or revise any guidance or other forward-looking statement,
whether as a result of new information, future developments, or
otherwise, unless required by law.
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SOURCE EdR