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EdR recently broke ground on SouthSide Commons with Lehigh University in Bethlehem, Pa.

MEMPHIS, TN–There have been numerous media reports that a private equity company or companies — in particular, according to the Wall Street Journal, Greystar Real Estate Partners LLC — is in serious talks with the student housing REIT Education Realty Trust to take it private. The Journal reports  that an announcement will be made this week, presumably today, that Greystar is acquiring EdR for $3.1 billion, or $41.50 a share, give or take.

Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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