EXHIBIT 10.22 (JPMORGAN LOGO) (UBS INVESTMENT BANK LOGO) December 22, 2004 Commitment Letter Education Realty Operating Partnership, LP 530 Oak Court Drive, Suite 300 Memphis, TN 38117 Attention: Randy Brown Ladies and Gentlemen: You (the "Borrower")...Commitment Letter • January 3rd, 2005 • Education Realty Trust, Inc. • Real estate investment trusts
