Facilities Funding Thaws? Really?

"Frozen capital markets had a chilling effect on new construction in 2009. But, some resources are still flowing, with developer-financed housing projects, bundled mixed-use facilities, and other creative deals on the rise" is how Business Officer describes this new article by Roger Bruszewski, Sam Jung, and Jeffrey Turner. It's a good resource with lots of brief vignettes, and includes some nice photographs as well as informative side bars.

Due to the changes in the financial market, funding options that worked only a few years ago are simply not possible in today's environment. But, the freeze in some funding areas has created new, unique development structures that allow for freer flow of dollars that make such projects attractive and beneficial to institutions.

Despite these changes, it is clear that institutions will continue to rely on the private sector to meet some of their important capital project needs. While private partners have also been affected by the downturn in the economy, they remain committed to working with institutions that must move their mission-critical projects forward both effectively and efficiently. The ingenuity of the private sector will continue to help colleges grow and adapt to changes in the higher education marketplace for years to come.

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Regional SCUP Events! Enjoy the F2F company of your colleagues and peers at one of three SCUP regional conferences this spring:

• March 14–16: Baltimore, MD
• March 24–26: Cambridge, MA
• April 5–7, San Diego, CA