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McMillen, Liz – Chronicle of Higher Education, 1988
The Real Estate Investment Trust, a companion organization to the Common Trust, allows colleges to commit as little as $50,000 for investments in commercial properties at minimum risk, which could protect endowments while providing returns comparable to those of the stock market. (MSE)
Descriptors: College Administration, Cooperative Programs, Higher Education, Intercollegiate Cooperation
McMillen, Liz; Mangan, Katherine S. – Chronicle of Higher Education, 1989
In an effort to diversify their investments, colleges are pouring money into hotels, shopping centers, research parks, and apartment buildings. Institutional involvement in real estate takes a variety of forms, some considered risky, and has resulted in both profit and public-relations problems. (MSE)
Descriptors: Campus Planning, Case Studies, College Administration, Economic Development