Education Realty Trust Shows a Profit

Memphis based education REIT, Education Realty Trust turned a profit in the the fourth quarter in 2008 according to the Thursday, February 28, 2008, Commercial Appeal. The company reported earnings of $683,000 for the forth quarter - as opposed to a $762,000 loss in the same period in 2006. That's a 1.3 million dollar turn around year to year. Way to go guys. Always great to see local companies doing well.