EdR to Buy New Collegiate Community Adjacent to Florida Int'l University

EdR

, a leader in the ownership, development and management of collegiate housing, announced today its commitment to acquire a collegiate housing development directly across the street from the Florida International University (FIU) campus for $43.5 million from a Miami-area developer. FIU is the second largest university in Florida and the seventh largest in the U.S. with a 2012 total enrollment of 50,394 consisting of approximately 36,000 undergraduate and 14,000 graduate students. ^ Classified as a top-tier research university by the Carnegie Foundation, FIU also is a first-tier research university as designated by the Florida legislature.