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.
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Education Realty remains its best idea, says RW Baird Baird said Education Realty remains its best idea following its investor day tours. The firm cited expected growth from the modernization of on campus housing and a disciplined balance sheet. Shares are Outperform rated with a $12 price target.