Stay up to date with current news and trends from within the Higher Education industry.
P3s can help historically black colleges and universities (HCBUs) finance their capital projects and, in turn, support increasing enrollment. JLL’s Herman Bulls offered his perspective in NACUBO’s Business Officer Magazine.
16 June 2017 - Carbon neutrality is about to go primetime in college campuses across the country. Already, a handful of smaller-sized colleges like Colby College, Middlebury College, and Green Mountain College have become carbon-neutral, while many more have goals to reach neutrality in the near future, including large institutions like the University of California system, which plans to reach carbon neutrality by 2025.
Read more at TriplePundit.
21 April 2017 - For university leaders, committing to a carbon-neutral campus can be easier said than done. While carbon neutrality is an ambitious goal, global commercial real estate services firm JLL’s new report reveals that it is achievable for U.S. universities.
Read more at FM Link.
2 February 2017 - Successful cities need a skilled workforce to help them – and the businesses they’re home to – compete on a global level. Nurturing talent, both working age employees and those coming up through the education system is key in giving cities a valuable edge.
Read more at JLL Real Views.
23 January 2017 - P3s can bridge funding gaps and make college campus development possible, without full privatization. JLL's Kevin Wayer dissects five common myths surrounding higher education and public private partnerships.
Read more at University Business.
22 December 2016 - JLL's David Houck: "Universities are vulnerable to pressures common in the business world, such as raising capital and intensifying competition. They are turning to private sector experts for operational expertise and financial solutions that allow them to focus on their core mission of educating students."
Read more at FMLink.
12 December 2016 - "Universities are vulnerable to pressures common in the business world, such as raising capital and intensifying competition," said David Houck, Managing Director and national leader of JLL's Higher Education practice.
23 October 2016 - The education sector remains one of the biggest in terms of nonresidential construction put in place. But Census’ August 2016 estimate for this sector—$86.1 billion—is still 35% below the peak spending for this sector in the first quarter of 2009.
Read more at Building Design + Construction.
19 July 2016 - Traditional sources of construction funds are in question as some state universities have drawn heavily on their bonding capacity and are receiving little in the way of new public money for major projects. Many private institutions likewise find themselves searching for cash to fuel development, looking for ways to pull off increasingly complex construction projects without overtaxing their resources. Enter public-private partnerships, or P3s.
Read more at Inside Higher Ed.