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Eastern Michigan University Turns to the Private Sector

  YPSILANTI, MI – The Board of Regents for Eastern Michigan University (EMU), which already contracts out its dining and parking services, recently approved a 35-year, $200 million agreement with Gilbane Developers that will essentially lease all of EMU’s student housing stock to a private developer for at least the duration of the contract. It’s the …

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School’s Out At Hundreds Of Closing College Campuses, But Real Estate Is In Session

WASHINGTON, DC –Time was of the essence at the former Johnson & Wales campus outside Denver.  The campus was shutting down last year as the Rhode Island-based nonprofit university navigated financial instability, and nonprofit developer Urban Land Conservancy saw an opportunity. “It was a very aggressive timeline,” said Aaron Martinez, vice president of operations and sustainability at Urban …

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Looking Ahead—2022 Housing P3 “State of the Industry” Report (presentation)

This presentation, given by B&D’s Brad Noyes, at the 2022 ACUHO-I Conference & Expo, provides a brief summary of current trends in higher education public-private partnerships ahead of our annual State of the Industry report due out this fall. This presentation also spotlights housing at the University of South Carolina, with updates from its Associate …

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Wentworth Selects Partner for Transformative Project on Sweeney Field

BOSTON, MA – Wentworth Institute of Technology today announced it has selected Huntington Development Group (HDG) to develop a mixed-use life sciences project at 500 Huntington Avenue. Huntington Development Group is a joint venture of The Fallon Company, Owens Companies, and Waldwin Development Company. “This project will play a key role in securing the university’s future …

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Regents OK negotiations for Murray State University’s construction partnership

The Murray Ledger & Times published an article highlighting the results of the Murray State University Board of Regents’ quarterly meeting. The article, which can be found here on their site, highlights the board’s decision to allow negotiations for hiring a partner to assist with the construction of new residence halls and dining facilities.  (March …

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Affordable Housing Project Near George Mason University Reaches Financial Close

Student Housing Business has published an article about an affordable housing development near George Mason University that has recently reached financial close. The article, which can be found here on their site, dives into various details about this unique project, dubbed One University, such as the mix of units, financing for the project, types of …

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Innovation District P3s—The New “Town-Gown” Partnerships (presentation)

This presentation, given by B&D’s Jeff Turner at the 2021 Higher Education P3 Summit, gives a brief history of innovation districts and covers what they look like today. This presentation also features case studies on the University of California Riverside’s OASIS Hub project and the University of California Davis’ Aggie Square project. Mr. Turner was …

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2021 State of the P3 Higher Education Industry (presentation)

This presentation was given by B&D’s Jeff Turner at the 2021 P3 Higher Education Summit as the keynote presentation along with Angel Rivera of Servitas, Barbara Lloyd of IMPACTS USA, and Jason Doyle of the University of Redlands. This presentation begins with an overview of B&D’s 2021 Higher Ed P3 State of the Industry report …

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Higher Ed P3 2021 “State of the Industry” Report (download available)

The full Higher Education P3 2021 “State of the Industry” report is available for download. The report highlights Brailsford & Dunlavey’s findings from its fourth annual survey of higher education P3 transactions from 2020, which you can imagine was a much different, more challenging year due to circumstances no one could have imagined. This State …

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Energy P3s: Snapshots of 4 projects across the country, Part 1

By Jessica Rosenberg, Brailsford & Dunlavey     Energy P3s have received ample attention in recent years, especially the one at Ohio State University. While they’re not yet pervasive in higher education, they’re more common than you might expect. And they’re taking place at all sorts of institutions—public 4-years, private 4-years, public 2-years; schools with …

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