| Subsidiaries                                           |   | Jurisdiction      ofincorporationof      organization |
|--------------------------------------------------------|--------|-------------------------------------------------------|
| Allen      & O’Hara Development Company, LLC |   | Delaware                                              |
| Allen      & O’Hara Education Services, Inc. |   | Delaware                                              |
| AOD/Raleigh      Residence Hall, LLC                   |   | Tennessee                                             |
| AODC/CPA,      LLC                                     |   | Delaware                                              |
| APF      EDR, LP                                       |   | Delaware                                              |
| APF      Food Services, LP                             |   | Delaware                                              |
| Cape      Place (DE), LLC                              |   | Delaware                                              |
| Carrollton      Place, LLC                             |   | Georgia                                               |
| Clayton      Place (DE), LLC                           |   | Delaware                                              |
| EDR      Athens I, LLC                                 |   | Delaware                                              |
| EDR      Auburn, LLC                                   |   | Delaware                                              |
| EDR      Berkeley Place GP, LLC                        |   | Delaware                                              |
| EDR      Berkeley Place Limited Partnership            |   | Delaware                                              |
| EDR      BG GP, LLC                                    |   | Delaware                                              |
| EDR      BG, LP                                        |   | Delaware                                              |
| EDR      C Station, LLC                                |   | Delaware                                              |
| EDR      Carbondale, LLC                               |   | Delaware                                              |
| EDR      Cayce Manager, Inc.                           |   | Delaware                                              |
| EDR      Cayce, LLC                                    |   | Delaware                                              |
| EDR      Clemson I GP, Inc.                            |   | Delaware                                              |
| EDR      Clemson I Limited Partnership                 |   | Delaware                                              |
| EDR      Clemson Place GP, LLC                         |   | Delaware                                              |
| EDR      Clemson Place Limited Partnership             |   | Delaware                                              |
| EDR      Columbia Limited Partnership                  |   | Delaware                                              |
| EDR      Columbia, Inc.                                |   | Delaware                                              |
| EDR      Columbia, LLC                                 |   | Delaware                                              |
| EDR      Columbus Limited Partnership                  |   | Delaware                                              |
| EDR      Columbus, Inc.                                |   | Delaware                                              |
| EDR      Columbus, LLC                                 |   | Delaware                                              |
| EDR      Gainesville GP, LLC                           |   | Delaware                                              |
| EDR      Gainesville Limited Partnership               |   | Florida                                               |
| EDR      Greensboro, LLC                               |   | Delaware                                              |
| EDR      Isla Vista JV Investor, LLC                   |   | Delaware                                              |
| EDR      Isla Vista JV Manager, LLC                    |   | Delaware                                              |
| EDR      Isla Vista Services Investor, LLC             |   | Delaware                                              |
| EDR      Isla Vista Services Manager, LLC              |   | Delaware                                              |

----

| Subsidiaries                           |   | Jurisdiction      ofincorporationof      organization |
|----------------------------------------|--------|-------------------------------------------------------|
| EDR      Knoxville Limited Partnership |   | Delaware                                              |
| EDR      Knoxville, Inc.               |   | Delaware                                              |
| EDR      Knoxville, LLC                |   | Delaware                                              |
| EDR      Lawrence Limited Partnership  |   | Delaware                                              |
| EDR      Lawrence, Inc.                |   | Delaware                                              |
| EDR      Lawrence, LLC                 |   | Delaware                                              |
| EDR      Limpar, LLC                   |   | Delaware                                              |
| EDR      Lubbock Limited Partnership   |   | Delaware                                              |
| EDR      Lubbock, Inc.                 |   | Delaware                                              |
| EDR      Lubbock, LLC                  |   | Delaware                                              |
| EDR      Manager, LLC                  |   | Delaware                                              |
| EDR      Murfreesboro, LLC             |   | Delaware                                              |
| EDR      Norman, LLC                   |   | Delaware                                              |
| EDR      Orlando Limited Partnership   |   | Delaware                                              |
| EDR      Orlando, Inc.                 |   | Delaware                                              |
| EDR      Orlando, LLC                  |   | Delaware                                              |

| EDR      Oxford, LLC                         |   | Delaware |
|----------------------------------------------|--------|----------|
| EDR      Riverside, LLC                      |   | Delaware |
| EDR      State College Limited Partnership   |   | Delaware |
| EDR      State College, Inc.                 |   | Delaware |
| EDR      State College, LLC                  |   | Delaware |
| EDR      Statesboro, LLC                     |   | Delaware |
| EDR      Stillwater Limited Partnership      |   | Delaware |
| EDR      Stillwater, Inc.                    |   | Delaware |
| EDR      Stillwater, LLC                     |   | Delaware |
| EDR      Syracuse, LLC                       |   | Delaware |
| EDR      Tallahassee I, LLC                  |   | Delaware |
| EDR      Tallahassee Limited Partnership     |   | Delaware |
| EDR      Tallahassee, Inc.                   |   | Delaware |
| EDR      Tallahassee, LLC                    |   | Delaware |
| EDR      Tampa Limited Partnership           |   | Delaware |
| EDR      Tampa, Inc.                         |   | Delaware |
| EDR      Tampa, LLC                          |   | Delaware |
| EDR      Tucson I, LLC                       |   | Delaware |
| EDR      Tucson Phase II Limited Partnership |   | Delaware |
| EDR      Tucson, Inc.                        |   | Delaware |
| EDR      Tucson, LLC                         |   | Delaware |
| EDR      Wabash Limited Partnership          |   | Delaware |
| EDR      Wabash, Inc.                        |   | Delaware |
| EDR      Wabash, LLC                         |   | Delaware |

----

| Subsidiaries                                     |   | Jurisdiction      ofincorporationof      organization |
|--------------------------------------------------|--------|-------------------------------------------------------|
| EDR      Western Michigan Limited Partnership    |   | Delaware                                              |
| EDR      Western Michigan, Inc.                  |   | Delaware                                              |
| EDR      Western Michigan, LLC                   |   | Delaware                                              |
| Education      Realty Limited Partner, LLC       |   | Delaware                                              |
| Education      Realty OP GP, Inc.                |   | Delaware                                              |
| Education      Realty OP Limited Partner Trust   |   | Maryland                                              |
| Education      Realty Operating Partnership, LP  |   | Delaware                                              |
| Education      Realty Trust, LLC                 |   | Delaware                                              |
| Jacksonville      Place (DE), LLC                |   | Delaware                                              |
| Macon      Place (DE), LLC                       |   | Delaware                                              |
| Martin      Place (DE), LLC                      |   | Delaware                                              |
| Murray      Place (DE), LLC                      |   | Delaware                                              |
| River      Place (DE), LLC                       |   | Delaware                                              |
| Statesboro      Place, LLC                       |   | Georgia                                               |
| Salisbury      Student Apartment Developers, LLC |   | Maryland                                              |
| Troy      Place (DE), LLC                        |   | Delaware                                              |
| University      Towers Building, LLC             |   | North      Carolina                                   |
| University      Towers OP GP, LLC                |   | Delaware                                              |
| University      Towers Operating Partnership, LP |   | Delaware                                              |
| University      Towers Raleigh, LLC              |   | North      Carolina                                   |
| University      Towers Raleigh Services, LLC     |   | North      Carolina                                   |
| University      Village – Greensboro, LLC  |   | Delaware                                              |
| WEDR      Riverside Investors V, L.L.C.          |   | Delaware                                              |
| WEDR      Riverside Mezz Investors V, L.L.C.     |   | Delaware                                              |
| WEDR      Stinson Investors V, L.L.C.            |   | Delaware                                              |
| Western      Place, LLC                          |   | Georgia                                               |

----

| ULAD      LLC,                                   |   | Kentucky            |
|--------------------------------------------------|--------|---------------------|
| University      Towers Building, LLC             |   | North      Carolina |
| University      Towers Operating Partnership, LP |   | Delaware            |
| University      Towers OP GP, LLC                |   | Delaware            |
| University      Towers Raleigh, LLC              |   | North      Carolina |
| University      Towers Raleigh Services, LLC     |   | North      Carolina |
| University      Village — Greensboro, LLC  |   | Delaware            |
| WEDR      Riverside Investors V, L.L.C.          |   | Delaware            |
| WEDR      Riverside Mezz Investor V, L.L.C.      |   | Delaware            |
| WEDR      Stinson Investors V, L.L.C.            |   | Delaware            |
| Western      Place, LLC                          |   | Georgia             |

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