Photo courtesy of: Greg Land

As Schools Look Into The Future, Many Contemplate What To Do With Their Campus Real Estate

April 24, 2024

Planning ahead yields the best results whether it’s growth, mergers and acquisitions, downsizing or closure being considered

With an increasing dynamic higher education marketplace, many campuses are in the midst of significant change. Some are in growth mode, which can include acquisitions and mergers.  Others, however, are retrenching, which brings a variety of difficult decisions.

Recently the Chronicle of Higher Education spoke with Brailsford & Dunlavey’s Executive Vice President Brad Noyes about steps a school can take when faced with having to close its doors.  Noyes said that thinking ahead is key to having the most options.  “A number of buyers for a whole campus that fully value the campus itself is just very low.” He added, “a unique aspect of higher education is the interconnectedness between a local community and an institution, which is material and also needs to be considered.”

To read the full article in the Chronicle of Higher Education, click here.

"The leadership and information from B&D, and the clarity with which they provide it, brings added credibility to the process and ensures that a range of university stakeholders, including senior leadership and our board, are fully informed for – and confident in – their required decision making.”

B.J. Crain, Former Interim Vice President for Finance and Administration
Texas Woman’s University

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