Education Realty create joint venture for Minnesota university housing community EdR has executed agreements with GEM Realty Capital and Schenk Realty Group to jointly develop and own new off- campus collegiate housing at the University of Minnesota in Minneapolis. EdR will be a 50% owner and will manage the community on behalf of the joint venture.
News For EDR From The Last 14 Days
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Education Realty increases dividend by 9% to 12c EdR announced that its board has approved a quarterly cash dividend of 12c per share of common stock. This represents a 9% increase in EdRís dividend and, based on the companyís recent stock price, represents an annual yield of approximately 4.5%. The dividend will be payable August 15 to shareholders of record as of July 31.