Manatt Real Estate partner Grace Winters and associate Elizabeth Levin authored an article for Inside Higher Ed on the significant financial challenges the COVID-19 pandemic has created for many higher education institutions, and how these institutions can consider monetizing the institution’s real estate assets. In the article, the authors note that the physical campuses of colleges and universities may help these institutions absorb the new costs associated with building virtual campuses, saying, “administrators may be able to turn to creative real estate ownership structures, common in the commercial real estate world, to create an infusion of cash for the institution without selling a cherished piece of the campus to an unknown developer to turn into an office park.”
Read the article here.