EdR Reportedly In Talks With PE Firms

Memphis, Tenn. — The Wall Street Journal has reported that EdR (NYSE:EdR), one of two public student housing REITs, is in potential talks with private equity firms to explore a possible transaction that would take the company private.

The article stresses that “there is no guarantee that the talks will result in a potential sale of the company.” The talks come at a time when foreign capital and private equity funds have made increasingly larger investments in the student housing industry. EdR is the fourth largest owner of student housing in the U.S., with more than 38,000 beds owned and 46,000 beds under management. 

SHB will be following any developments

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