Education Realty Trust Promotes Thomas Trubiana to Executive Vice President and Chief Investment Officer


MEMPHIS, Tenn., March 26, 2010 (GLOBE NEWSWIRE) -- Today Education Realty Trust Inc. (NYSE:EDR) announced the promotion of Thomas Trubiana to Executive Vice President and Chief Investment Officer.

A large part of Mr. Trubiana's 30-plus years in the student housing industry has been spent at Education Realty Trust. He began his career as a Resident Assistant for Allen & O'Hara, a wholly-owned subsidiary of EDR, and most recently was Senior Vice President and Chief Investment Officer for the Company. He has been involved in the development and/or management of more than 90 student housing properties representing more than 60,000 beds.

Considered one the nation's leading student housing experts, Trubiana held numerous senior management positions for Cardinal/Lexford Realty Services, Inc., one of the nation's largest multi-family real estate investors and managers. He also served as President and Chief Executive Officer of American Campus Communities from July 1997 until October 2003 where he led that company through their significant period of pre-IPO growth. 

"Tom has a network of contacts and a reputation that attracts business and investment opportunities," said Randy Churchey, President and Chief Executive Officer of EDR. "His relationships with universities, lenders and others in the student housing industry are important to our success."

About Education Realty Trust

Education Realty Trust (NYSE:EDR) is a self-administered, self-managed real estate investment trust that owns, develops and manages high-quality collegiate student housing communities throughout the United States. EDR is one of America's largest owners and operators with current ownership and management interests in 64 communities in 22 states with 37,835 beds. For more information please visit the Company's website at www.educationrealty.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 date 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.



            

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