U3 Advisors is a nationally recognized consulting practice that provides real estate and economic development solutions to the institutions that anchor our communities.

Services

U3 Advisors advises our clients on a wide variety of real estate issues so that they can better understand how their real estate portfolio can best serve their institutional core mission. Universities and non-profit organizations may wish to determine whether there are opportunities to consolidate their real estate assets and operate more efficiently. They may also ask whether it is better to own or lease facilities.
U3 Advisors believes that anchor institutions - universities, medical centers, and non-profit and civic organizations – are important economic engines that can be leveraged to regenerate and strengthen their surrounding neighborhoods.
U3 Advisors assists organizations and institutions in planning for new facilities – from a single building to an entire master-planned campus. We also have expertise in many specialized types of facilities, including student and faculty housing, laboratories and teaching facilities, performance venues, and hotels.
U3 Advisors' planning strategies are based on the core philosophy that anchor institutions – universities, medical centers, and non-profit and civic organizations – provide critical economic and social support for the communities of which they are part.

Featured Projects

  • U3 Advisors was engaged by the Hyde Family Foundations beginning in 2014 to understand the economic and physical impact of eight major anchor institutions in the Memphis Medical District including Baptist College of Health Sciences, Memphis Bioworks Foundation, Methodist/LeBonheur, Regional One Health, Southern College of Optometry, Southwest Tennessee Community College, St. Jude Children’s Research Hospital/ALSAC, and the University of Tennessee Health Science Center. Together, these anchors employ 16,000 people, educate 8,000 students, have $1.2 billion in collective purchasing, and control 250 acres of property. U3 Advisors found that despite the significant size of these anchors, their potential impact within the Medical District has not been fully realized.

  • Beginning in fall, 2014, U3 Advisors was engaged by JTS as the lead project manager and real estate advisor to undertake an ambitious project to reshape JTS’ campus in Morningside Heights. U3A worked closely with JTS leadership to complete an intensive programming phase with its selected architect, execute the land transaction with a third-party developer, and navigate the construction management process. In addition, U3 Advisors led a solicitation processes to select a world-class design architect for the development site. 

News + Ideas

Press

Milkboy ArtHouse restaurant will open on May 2 in College Park

"Great cities are not made of few large projects but of many unique smaller projects. We believe Milkboy will be just that." MilkBoy ArtHouse, a collaboration between MilkBoy, a Philadelphia-based music and entertainment company, and the University of Maryland's Clarice Smith Performing Arts Center will feature multiple bars, restaurant areas with seating and two stages for artists to perform. U3A worked with the various university and community stakeholders to help bring MilkBoy to College Park. Since 2009, U3 Advisors has served the University of Maryland in College Park, advising on a variety of real estate and place-based economic development initiatives. 

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Press

Towson University seeks to improve downtown through stronger bonds with neighbors

The Baltimore Sun reports on U3A's work with Towson University to deepen connections between the University's campus and the surrounding community.
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Press

Two locally owned businesses find their biggest customers in the Memphis Medical District

“What we’re trying to do is really strengthen the core of the city—Downtown, the Medical District, and the areas around it. ” U3 Advisors Vice President Alex Feldman featured in High Grounds profile of the winners of the Operation Opportunity Challenge. The Operation Opportunity Challenge was presented by the Memphis Medical District Collaborative, U3 Advisors and the EPIcenter. The competition kicked off in late October 2016; winners were announced by mid-December.

Since 2014, U3 Advisors has been working closely with local partners to launch a series of initiatives aimed at revitalizing the Memphis Medical District. Read more about U3 Advisors' work in the Medical District here

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Press

Cornell Tech unveils details about its Roosevelt Island campus hotel

Cornell Tech released new details regarding its hotel on Cornell's Roosevelt Island campus. The Graduate Roosevelt Island, developed by AJ Capital Partners as part of their Graduate portfolio of boutique hotels, will offer 196 rooms, as well as a full-service restaurant, rooftop bar, and 5,200 square feet of “flexible meeting and event facilities.” Snøhetta will design the hotel.

U3A served as consultant to Cornell in the University’s successful quest to win the Bloomberg administration’s competition to attract a world-class applied sciences and engineering campus to New York City, and continues to serve as real estate advisor in implementing the 2 million square foot campus. 

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