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 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.

Name thesis:degree_name

Master

Department dc:contributor.department

Massachusetts Institute of Technology. Center for Real Estate. Program in Real Estate Development.

Grantor dc:publisher

Massachusetts Institute of Technology

Year dc:date.issued

2021

Author dc:creator

• Maroti, David

Advisor dc:contributor.advisor

• Geltner, David

Statement dc:rights

• In Copyright - Educational Use Permitted
• Copyright retained by author(s)

Licence dc:rights.uri

• https://rightsstatements.org/page/InC-EDU/1.0/

Handle dc:identifier.uri

https://hdl.handle.net/1721.1/139319

OAI identifier oai:identifier

oai:dspace.mit.edu:1721.1/139319