RCA in the commercial property press:

Colleges Resume Buying Ahead of Expected Rise in Pricing

Arizona Daily Star reports: According to the Arizona Daily Star, colleges across the country are taking advantage of the buyers’ market in commercial real estate property and land. Dan Fasulo, managing director of Real Capital Analytics, supports the Daily Star’s findings, stating that, “universities were very much shut out of the market at its top…you really couldn’t compete with private investors who were scooping up properties in their neighborhoods.” Now, colleges appear to be buying up property and land at bargain basement prices while private and other public buyers remain on the sidelines. Their purchases may even remain vacant or leased to outside parties for years to come, as enrollment growth dictates their use of the space.

For recent deals involving university buyers and other comments on this topic, please see the full article on the Daily Star’s website.

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Posted by: Nina Turner

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