MEMPHIS, Tenn., Sept. 21, 2017 /PRNewswire/ -- EdR (NYSE: EDR), one of the nation's largest developers, owners and managers of high quality collegiate housing communities, announces the opening on August 23 of a new third-party residence hall development on the campus of Texas A&M University-Commerce in Commerce, Texas. In 2017, EdR will add nearly $300 million in assets to its owned portfolio and deliver nearly $100 million in third-party developments.

"We are very excited to add this new residence hall for our students and it will be a wonderful addition, ensuring that we continue to put our students first by increasing the available on-campus living options," said Alicia Currin, Texas A&M-Commerce's vice president of business and administration.

The approximately 137,000 square-foot, 490-bed community is a freshman-only residence hall designed to foster a sense of community for first-year college students. It provides private study rooms, several communal areas, laundry facilities (with smartphone app monitoring capabilities), robust internet and Wi-Fi throughout the building.

"The latest phase of on-campus housing at Texas A&M University-Commerce will certainly help solidify the university's already stellar reputation in the Dallas-Fort Worth Metroplex," said EdR president Tom Trubiana. "With the latest features in high-quality student housing, as well as double and single-bedroom units and centralized private bathrooms, the newest phase of housing will definitely enhance the collegiate experience for current and future Texas A&M-Commerce students."

Founded in 1889, Texas A&M University-Commerce is comprised of five colleges awarding degrees in 100 fields of study. Its enrollment has grown nearly 31 percent over the last decade due to its academic programs and convenient location to the Dallas-Fort Worth Metroplex.

About EdR
EdR (NYSE: EDR) is one of America's largest owners, developers and managers of collegiate housing. EdR is a self-administered and self-managed real estate investment trust that owns or manages 87 communities with more than 46,000 beds serving 54 universities in 26 states. EdR is a member of the Russell 2000 Index, the S&P MidCap 400 and the Morgan Stanley REIT indices. For details, please visit the company's Web site at www.EdRtrust.com.

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SOURCE EdR