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Four projects hit big milestones: A look at deals in our covid-impacted world, Part 2 – NJIT

By Jessica Rosenberg, Brailsford & Dunlavey     This is the second article in a two-part series. Part 1 on Palmer College is available here. As detailed in Part 1, four projects in the higher education sector have recently reached big milestones (e.g., financial close)—milestones the industry hasn’t seen much of since Covid began. The …

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Four projects hit big milestones: A look at deals in our covid-impacted world, Part 1 – Palmer College

By Jessica Rosenberg, Brailsford & Dunlavey     In the last couple months, four projects in the higher education sector have reached big milestones (e.g., financial close)—milestones the industry hasn’t seen much of since Covid began. Like bright green poking through the dark soil at the beginning of spring, these projects symbolize the dawning of …

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Early, Practical Steps for Public Owners to Build Better Partnerships and Support Successful P3 Project Delivery (Part 3)

By Racquel Muindi, Ballard Spahr LLP. Full bio below  The first and second parts of this series discussed how a public owner can identify thoughtful goals to frame project delivery and the prospective partnership and set the right tone with industry participants through thoughtful engagement in pre-procurement interactions. The third, and final part of the …

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P3 Housing: Trends & Perspective (video)

Ryan Jensen (B&D) recently co-presented a webinar on P3 housing trends for GLACUHO (Great Lakes Association of College and University Housing Officers). He shared observations of how Covid-19 has impacted higher education and P3s, and highlighted what he expects to see moving forward. He was joined by Susan Teggatz, the Director of Campus Housing at the …

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The US K12 sector sees its first Alternative Construction Finance program

In January 2021, Prince George’s County Public Schools (Maryland) and its private partners announced they had reached financial close. The deal—a first of its kind in the US—will deliver 8,000 seats across 6 new schools. PGCPS will save approximately $174 in deferred maintenance and construction costs, and will benefit from a drastically reduced delivery time. …

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Flexible facilities help navigate new challenges

By Jack Shaw, Vice President for Campus Services, Shepherd University. Bio below. A really solid plan tends to be scalable and applicable to other challenges. In fall of 2017, Shepherd University opened Potomac Place, a 5-story, 298-bed, 81,000-square-foot, multi-use residence hall. The bedrooms are in a modified suite format with a 2:1 resident to bathroom …

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Campus energy transition, Part 1: Two current trends

By Rob McKenna and Dave Karlsgodt, directors in B&D’s Management Advisory Services practice group. Bios below. This article is the first in a two-part series. It analyzes two trends in energy management on college and university campuses—technology trends and the decarbonization movement. Part 2 will examine why schools looking to improve their energy programs might consider …

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Higher Ed P3 2020 “State of the Industry” Report (download available)

The full Higher Education P3 2020 “State of the Industry” report is available for download. The report highlights Brailsford & Dunlavey’s findings from its third annual survey of higher education P3 transactions. This State of the Industry report focuses on housing and housing-anchored mixed-use projects from B&D’s database of higher education P3 projects that achieved …

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A Guide to Higher Ed P3s (download available)

“A Guide to Higher Education Public-Private Partnerships,” presented by Brailsford & Dunlavey, is available for download. This seven-part series on P3s in the higher education space is intended to educate readers on this dynamic market—its history, opportunities, misconceptions, and more. It should be noted that every P3 deal is unique and this document is only …

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