– USA, TN – EdR (NYSE:EDR), a leader in the ownership, development and management of quality collegiate housing, today announced the appointment of Kimberly K. (Kim) Schaefer to the company’s Board of Directors, effective immediately. Schaefer will serve as an independent director of the company.

“With her 20 years’ experience in real estate, hospitality management and finance, Kim brings a strong business acumen to our board,” said Randy Churchey, EdR’s chief executive officer. “Additionally, her creativity and experience in establishing and refining the Great Wolf Resorts brand into a premier family entertainment brand will make her a valuable addition to EdR’s leadership.”

Schaefer has served as Chief Executive Officer of Great Wolf Resorts, Inc. — the brand leader in the waterpark resort industry — since January 2009 and has been a member of the company’s Board of Directors since February 2009. For nearly 15 years prior to her advancement to CEO, Schaefer served at various times as Chief Operating Officer and Chief Brand Officer, and was involved in site selection as well as producing a strong and successful operations record.

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 80 communities with nearly 42,000 beds serving 51 universities in 23 states. EdR is a member of the Russell 2000 Index and the Morgan Stanley REIT indices.

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