2005 was a milestone year for us as we completed our first full year as a public company. Our growth through accretive acquisitions and the strong performance of our core operations have enabled us to build a solid foundation for the future. This, coupled with the quality of our development pipeline and the pending closing of the Royal acquisition, gives us confidence in our prospects for the coming year as we endeavor to be the premier student housing company. |
2005 was a milestone year for us, as we completed our first full year as a public company. Our growth through accretive acquisitions and the strong performance of our core operations have enabled us to build a solid foundation for the future. |
These assets have rental rates at a very attractive price point and have yielded strong historical growth due to their excellent location in major university markets. This portfolio meets our stringent investment criteria and fits well with our existing portfolio. |