October 17 – 24, 2014

Industry Related Reports

National News

  • A Boom in Students Creates a Boom in Construction at Colleges
    “With students heading to college in record numbers, local institutions are constructing everything from new dormitories to academic buildings, hoping to attract the best and brightest students and professors. And many of the projects are emphasizing sustainable design…”
  • Benchmark Survey Finds a Continued Rise in Giving to Colleges
    “Many higher-education institutions reported sizable increases in donations in 2013 as part of The Chronicle of Philanthropy’s Philanthropy 400, a report that tallies the giving to 400 of the largest nonprofit groups in the United States. Over all, gifts rose 10.8 percent in 2013 to those listed on the survey….”
  • The Changing Profile of Student Borrowers
    “In 2012, a record share of the nation’s new college graduates (69%) had taken out student loans to finance their education, and the typical amount they had borrowed was more than twice that of college graduates 20 years ago….”
  • Charter Schools Borrow at Record Pace
    “The number of students attending will probably double in the next five to 10 years as better access to financial markets and interest in academic alternatives fuel growth, said Garey Fuqua, head of high-yield munis at Spring Mountain Capital LP, a money manager in New York….”

Local News

California

Illinois  

  • 2 Student Housing Complexes For Sale
    “Because so few student housing properties in the city have sold recently, the sales will provide some key data points for investors to measure the strength of the Chicago market. Student housing was a hot sector here during the last boom, as developers added thousands of beds to the downtown market. Though development is picking up again, the outlook for the sector is murky amid declining enrollments at some downtown colleges….”

New York   

Vermont     

  • Burlington College Considers Sale of 25 Acres for $7M
    “Twenty-five acres of Burlington College’s lakefront property would be sold to a developer by year’s end for $7 million to relieve the school of its unsustainable debt burden, under a proposal outlined Monday by interim president Michael Smith….”

World News

  • Ontario Considering Funding for Foreign Graduate Students
    “Ontario is considering funding spots for graduate students from abroad, bowing to pressure from universities that say their global competitiveness is harmed because they have to turn away qualified foreign applicants due to lack of money….”
  • Willmott Dixon Chosen for Welsh ‘Super’ School
    “In the biggest ever building commissioned by Ceredigion County Council, Willmott Dixon will create a new school that merges five schools, Ysgol Dyffryn Teifi, Aberbanc, Coedybryn, Llandysul, and Pontsian, to form the county’s second ‘all-through’ school.…”