4 million.
"Safe Harbor" Statement under the Private
Securities Litigation Reform Act
of 1995: Statements in this press release that express the current
beliefs and
expectations of our management are "forward-looking statements.org.
correct do
GMH Communities Trust
Announces Acquisition of Luxury Student Housing Property Serving California State University in Sacramento
The property serves the California State University located in Sacramento,
California and
was previously identified as a property under letter of intent
in the Company's final prospectus
relating to its recent initial public
offering.
Following a successful first year in which
Naviance client schools have
been electronically preparing and submitting Common Application school
reports and teacher recommendations through Counselor's Office from
Naviance, this expanded functionality
marks the first time that high school
students and counselors will move to an entirely paperless
application
process.year libraries
NEWTOWN SQUARE, Pa.gmhcommunities.
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residing at installations
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The
Company is based in Newtown Square, PA and employs approximately 1,200
people
throughout the United States.
At the height of the college admissions
process, as
students everywhere await the verdict on their carefully
prepared applications, Naviance and the
Common Application announce
expanded functionality that will enable high school counselors to
electronically
submit transcripts and school profiles to Common Application
member colleges and universities next
fall.
According to Rob Killion, Executive Director of the Common Application,
almost three
-quarters of a million applications will be submitted during
this admission cycle.library have
"
GMH
Communities Trust (http://www.
"We receive the vast majority of our applications on-line
through the
Common Application. Giving high schools the option of delivering
transcripts and
recommendations electronically is an exciting development
that will benefit everyone," he said.naviance
.commonapp.not do
4
million in new fixed-rate debt."
Eric Kaplan, Dean of Admission and Financial
Aid at Lehigh University,
agrees. Membership is limited to colleges and universities that evaluate
students using a holistic selection process.parts provide
Now Naviance and Common Application extend this capability
to
counselors and teachers," said Stephen M.4
million students in schools across the U.S.instead university
Coyle
, President of the Company's
student housing division, said, "This acquisition is a tremendous complement
to our existing portfolio and is consistent with our long-term growth strategy
to acquire properties
that meet our acquisition criteria and enhance portfolio
diversification by geography and university
segment.This category is to provide links to other parts of the directory that have college and university
library sites.
colleges here
GMH Communities also
provides property management services to third party owners
of student
housing, including colleges, universities, and other private owners. Forward-looking
statements speak only as
of the date on which they are made, and we undertake no obligation to update
publicly or revise any of the forward-looking statements.x q
x category
here have
Monica Inzer, Dean of Admission
and Financial Aid at Hamilton College,
said, "I love technology, and I think anything that can help
schools and
counselors work more closely with admissions offices as partners on behalf
of students
is a great improvement to the process.instead library
" These
forward-looking statements are subject to risks and
uncertainties that could
cause our future results, performance or achievements to differ significantly
from the results, performance or achievements expressed or otherwise implied
by such forward-looking
statements.
About the Common Application
The Common Application is a not-for-profit organization
that serves
students and member institutions by providing an admission application --
on-line
and in print -- that students may submit to any of their 300
members.
submit universities
The property is a
newly-developed luxury student housing community located
within a mile of the University with resort
-style amenities including a
swimming pool and spa, state-of-the-art fitness center, video library
,
internet connectivity in every bedroom, fully furnished units, sand and
basketball courts and
a student services center.PRESS RELEASE Naviance and the Common Application Forge New Ground in College
Application Technology
About Naviance
Naviance is the leading provider of planning
and advising systems for
secondary schools. For more
information, visit www.com.colleges archives
, GMH Communities
Trust (NYSE: GCT) announced today that its student housing division, College
Park Communities
, has acquired Jefferson Commons, a 288 unit/792 bed Class A
student housing property, for a purchase
price of approximately $51. Instead, submit to the correct category at Reference: Education: Colleges
and Universities.
two instead
It is a self-advised, self-
managed specialty housing company focused on providing
housing to college and
university students residing off-campus and to members of the U. Do not submit
here.
q here
For more information, visit
www.z libraries
com) is a publicly traded
Maryland real estate investment
trust (REIT).
"Students have enjoyed the convenience of on-line college applications for
a
decade. More than 13,000 educators and counselors serving 1.correct library
Smith, CEO of Naviance.provide do
The purchase
price included the placement of approximately $31.
Commenting on the transaction, Joseph M.S
.here instead
and in more than 25 countries
use Naviance products to manage academic and post-secondary advising
,
communicate with students and families, and analyze data.universities do
A community sponsored library.
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