Real Estate Distress on College Campuses: Case Study on Liquidity through Public Private Partnerships and Portfolio Right-Sizing

The impact of COVID-19 will have a long-run effect on our institutions and academic facilities. How universities adjust their portfolios of real estate assets is a major determinant of their longterm success. This thesis seeks to establish an overview of the financial distress faced by colleges and...

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Main Author: Maroti, David
Other Authors: Geltner, David
Format: Thesis
Published: Massachusetts Institute of Technology 2022
Online Access:https://hdl.handle.net/1721.1/139319
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author Maroti, David
author2 Geltner, David
author_facet Geltner, David
Maroti, David
author_sort Maroti, David
collection MIT
description The impact of COVID-19 will have a long-run effect on our institutions and academic facilities. How universities adjust their portfolios of real estate assets is a major determinant of their longterm success. This thesis seeks to establish an overview of the financial distress faced by colleges and universities in light of the pandemic, and a review of the hardest hit universities. In light of expected closures in the near future, this thesis uses the potential acquisition of a campus closure in the Philadelphia CBD market as a feasibility test to an investment thesis on forced seller distress.
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spelling mit-1721.1/1393192022-01-15T03:34:34Z Real Estate Distress on College Campuses: Case Study on Liquidity through Public Private Partnerships and Portfolio Right-Sizing Maroti, David Geltner, David Massachusetts Institute of Technology. Center for Real Estate. Program in Real Estate Development. The impact of COVID-19 will have a long-run effect on our institutions and academic facilities. How universities adjust their portfolios of real estate assets is a major determinant of their longterm success. This thesis seeks to establish an overview of the financial distress faced by colleges and universities in light of the pandemic, and a review of the hardest hit universities. In light of expected closures in the near future, this thesis uses the potential acquisition of a campus closure in the Philadelphia CBD market as a feasibility test to an investment thesis on forced seller distress. S.M. 2022-01-14T15:03:49Z 2022-01-14T15:03:49Z 2021-06 2021-09-03T16:20:18.759Z Thesis https://hdl.handle.net/1721.1/139319 In Copyright - Educational Use Permitted Copyright retained by author(s) https://rightsstatements.org/page/InC-EDU/1.0/ application/pdf Massachusetts Institute of Technology
spellingShingle Maroti, David
Real Estate Distress on College Campuses: Case Study on Liquidity through Public Private Partnerships and Portfolio Right-Sizing
title Real Estate Distress on College Campuses: Case Study on Liquidity through Public Private Partnerships and Portfolio Right-Sizing
title_full Real Estate Distress on College Campuses: Case Study on Liquidity through Public Private Partnerships and Portfolio Right-Sizing
title_fullStr Real Estate Distress on College Campuses: Case Study on Liquidity through Public Private Partnerships and Portfolio Right-Sizing
title_full_unstemmed Real Estate Distress on College Campuses: Case Study on Liquidity through Public Private Partnerships and Portfolio Right-Sizing
title_short Real Estate Distress on College Campuses: Case Study on Liquidity through Public Private Partnerships and Portfolio Right-Sizing
title_sort real estate distress on college campuses case study on liquidity through public private partnerships and portfolio right sizing
url https://hdl.handle.net/1721.1/139319
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