Press Release

April 10, 2013

Educational Housing Services, INC. Announces the Election of New Board Member Dale Anne Reiss

Reiss brings 30+ years of professional leadership to the EHS Board of Directors

BROOKLYN, NY (April 10, 2013): Educational Housing Services, Inc. (EHS) has announced the election of new Board Member Dale Anne Reiss, effective immediately. Reiss joins five other newly-appointed EHS Board Members: The Honorable Jerry Hultin, Samara Barend, William Cockrum III, John Randolph II, and Donald Sheets.

Reiss brings over 30+ years of professional leadership to the EHS Board of Directors, including an extensive knowledge of global strategy, financial and technological management, investment and governance issues as well as experience on public and private company boards.

Mr. Jeffrey Lynford, President and CEO of EHS commented: "I am pleased to announce the election of Ms. Reiss as our sixth board member, whose extensive experience will no doubt be a strong asset to the future of EHS.”

Ms. Dale Anne Reiss is a graduate of the Illinois Institute of Technology (BSc) and the University of Chicago (MBA). Ms. Reiss served as Global and Americas Director of Real Estate at Ernst & Young LLP until June 30, 2008, where she was also a Senior Partner from 1995 to 2008. She founded the Chicago office of Kenneth Leventhal & Company in 1985 and served as its Managing Partner until 1995. Ms. Reiss coordinated Ernst & Young LLP's activities across a broad array of related services around the world. She has been an Independent Director of iStar Financial Inc. and Post Properties Inc., since 2008 and also serves as a Trustee of Urban Land Institute. In 2002, the New York Women Executives in Real Estate named her Woman of the Year and her name appeared on the prestigious Women of Influence list published by Real Estate New York magazine. She is a Certified Public Accountant.

Reiss has impressive experience holding board and leadership positions at organizations such as Artemis Advisors, Brock Capital Group, Pension Real Estate Association, and The University of Chicago Graduate School of Business.

About Educational Housing Services

Educational Housing Services Inc. is a not-for-profit organization that has provided safe and convenient off-campus housing in New York City for college students and interns since 1987. The organization works with many academic institutions and corporations to provide housing for over 10,000 students and interns annually, and also leases to individual students. EHS operates eight student residences in Manhattan and Brooklyn, each of which offers fully-furnished and amenity-rich accommodations that include 24-hour security, a live-in residential staff, laundry rooms, fitness facilities, and an active student life program. For details visit http://www.studenthousing.org.

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Cancellation deadlines by semester:

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CANCELLATION POLICY:

To ensure the integrity of your reservation, all cancellation requests MUST be received by EHS through DocuSign or sent via certified or registered mail (to 55 Clark Street, Brooklyn, NY 11201, Attention: Director of Leasing). Your request MUST be processed by DocuSign by 11:59 pm New York City Time, or postmarked on or before the cancellation deadlines set forth above. Cancellation requests processed or postmarked after the deadline or sent via a different method will result in NO REFUND of monies paid.

If there is a guarantor (required for 9 and 12 month reservations), the guarantor will be responsible to guarantee payment pursuant to the License Agreement and the Guaranty.

The client also understands that the Membership Fee is NONREFUNDABLE and NONTRANSFERABLE.

All refunds are processed via check within 8-10 weeks and mailed to the client.

To request a cancellation form via DocuSign, please contact an EHS housing advisor by phone at 1-800-297-4694.

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Cancellation deadlines by semester:

Fall Only Reservations -

July 15th
9 and 12-month Reservations -

July 15th
Spring Only Reservations -

Nov 15th
Summer Only Reservations -

April 15th

CANCELLATION POLICY:

To ensure the integrity of your reservation, all cancellation requests MUST be received by EHS through DocuSign or sent via certified or registered mail. To be eligible for a refund, your request MUST be processed by DocuSign by 11:59 pm Eastern Standard Time, or postmarked on or before the cancellation deadline. Cancellation requests processed or postmarked after the deadline or sent via another method will result in NO REFUND of monies paid. To request a cancellation form via DocuSign, please contact an EHS housing advisor by phone at 1-800-297-4694.

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Press Release

Educational Housing Services, INC. Announces the Election of New Board Member Dale Anne Reiss

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