Brian Dugan, Edgemoor Infrastructure & Real Estate

P3s: An Innovative Solution for Delivering New University Facilities—Not Just for Student Housing (Part 2 of 2)

By Brian Dugan, Director at Edgemoor Infrastructure & Real Estate. Bio below. This article is Part 2 of a 2-Part series. Part 1 looked at trends and challenges in higher education, and P3s as a tool to address these challenges.   CASE STUDIES One of the common misperceptions is that university public-private partnerships (P3s) are …

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5 Key Takeaways from the P3 Higher Education Summit – Part 2

By Eric Iravani, president of P3C Media, and executive director of the P3 Higher Education Summit. Bio below.   This fall, we brought together more than 750 higher education and public-private partnership (“P3”) industry professionals at the annual P3 Higher Education Summit. Professionals from across the country engaged in thoughtful, energetic conversation via multiple days …

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P3s: An Innovative Solution for Delivering New University Facilities—Not Just for Student Housing (Part 1 of 2)

By Brian Dugan, Director at Edgemoor Infrastructure & Real Estate. Bio below. This article is Part 1 of a 2-Part series. Part 2 features several case studies in which universities used P3s to deliver and manage facilities.   Higher education is rapidly changing—politically, physically, and especially financially. After states cut funding following the Great Recession, …

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The Student Union P3 Experience at the University of Kansas

By David Mucci, Director of the KU Memorial Union. Bio below.   In the spring of 2015, the KU Memorial Union was invited to join a $350 million public/private partnership (3P) development that was transforming the University of Kansas (KU) landscape. The Union at KU operates as an auxiliary responsible for dining, retail and student …

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Financing a P3 Using Privately Issued Tax-Exempt Bonds: An Introduction to the New American Approach

By John Finke, President, Public Facilities Group. Bio below.   The UW Medicine South Lake Union (pictured above) is a $500 Million Multi-Phased Biomedical Research Campus development project that used privately issued tax exempt debt and The New American Approach which is among the most frequently employed Public-Private Partnership (P3) models in the United States. …

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5 Key Takeaways from the P3 Higher Education Summit – Part 1

By Eric Iravani, president of P3C Media, and executive director of the P3 Higher Education Summit. Bio below. This fall, we brought together more than 750 higher education and public-private partnership (“P3”) industry professionals at the annual P3 Higher Education Summit. Professionals from across the country engaged in thoughtful, energetic conversation via multiple days of …

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The Tax Reform Scare of 2017 (How the P3 Higher Education Industry Lived to Tell About It)

This is the first in a series of articles by Michael R. Baird, Managing Director, RBC Capital Markets (bio below). The series addresses current issues impacting the P3 Higher Education Industry.   On November 2, 2017, the U.S. House of Representatives Committee on Ways and Means released its Tax Cuts and Jobs Act proposal to …

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If You Are Worried About the 5 Ws, the Answer to “How” May Be a P3

By Jack Shaw, Assistant Vice President for Auxiliary Enterprises, Shepherd University. Bio below.   In fall 2014, Shepherd University faced declining on-campus occupancy, falling from a historical average in the mid-90%s to 80%. The problem was not a mystery, with the campus’s aging housing stock averaging over 30 years old—some without air conditioning—and with substantial …

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The Tax Reform Bill: Is This the End of Tax-Exempt Bonds for Private Colleges & Universities?

By Lee White, Executive Vice President, George K. Baum & Company; Brad Gysin, Associate, George K. Baum & Company. Bios below.   In the early-morning hours of Saturday, December 2, 2017, the Senate passed its version of the tax reform bill. Although the Senate bill still must be reconciled with the House version, the proposed …

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