University Follows BREIT Deal With $2 Billion Real Estate Plan
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The university is proposing to deploy $2 billion to buy or finance buildings near its 10 campuses, including dorms, faculty housing, classrooms and lab space. The properties would be “strictly investment assets, acquired at market rates” and managed by an in-house team, according to a summary prepared for Thursday’s meeting of the university’s Board of Regents.
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