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The Marygrove Conservancy is seeking a Chief Operating Officer

The Marygrove Conservancy, a nonprofit organization that manages operations and stewards the 53-acre Marygrove College campus in northwest Detroit, is seeking a Chief Operating Officer (COO). The mission of the Conservancy is to stabilize and preserve the historic campus – which has served as an educational anchor in Detroit for more than 90 years – while identifying high-quality uses in the community. A major initiative of the conservancy is managing a landmark partnership to create a cradle-to-career (P-20) educational campus on the site. The P-20 campus is being designed to be an educational, economic and civic anchor in the revitalization efforts of the Livernois-McNichols community. The campus will integrate academic experiences from early childhood to college and career with community-driven services, so that students are empowered and equipped to define their own future and that of their communities.

The COO will be responsible for addressing the day-to-day activities on the campus, planning and coordinating future projects and initiatives, and monitoring income and expenditures for the non-profit organization. The COO will be employed by U3 Advisors, a strategic partner to the Conservancy, as a salaried employee with full benefits, while reporting to an executive committee representing the Conservancy’s Board of Directors.  

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News

Memphis Medical District: the power of anchor institutions to improve sense of place and the economy in surrounding neighborhoods

"Memphis Medical District demonstrates the power of anchor institutions to improve sense of place and the economy in surrounding neighborhoods, while avoiding displacement. U3 Advisors, a real estate and economic development consultant for anchor institutions, were the conceptual architects—along with philanthropic organizations—of MMDC" -- The work of the Memphis Medical District Collaborative, led by Tommy Pacello, with support from U3 Advisors, philanthropic and community stakeholders is featured in Public Square: A CNU Journal. Read the full article here



 

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Ideas

U3 Advisors responds to Forbes Real Estate Council CommunityVoice, December 19, 2018 “Three Reasons Real Estate Pros Should Get Smart About Investing in Educational Institutions”

U3 Advisors responds to Forbes Real Estate Council CommunityVoice, December 19, 2018 “Three Reasons Real Estate Pros Should Get Smart About Investing in Educational Institutions,” cautioning that the interests of institutional real estate investors may not always align with the mission, resources, expertise, and time horizon of community colleges or other higher education institutions. 

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Ideas

U3A Authors "Value Capture In The Commons" Toolkit

U3A authored the Value Capture in the Commons toolkit for Reimagining the Civic Commons, a national initiative to foster engagement, equity, environmental sustainability, and economic development in our cities. The goal of this effort is to give community leaders a set of established and emerging tools to both sustain ongoing operations of shared civic assets and benefit existing neighbors. Download the toolkit from here

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Ideas

U3A's Jaime Flaherty Co-Authored Article Featured In New Book On "Rethinking The University And Development In South Africa".

U3 Advisors Managing Director & CFO Jaime Flaherty's co-authored article - “Integrating the Edges: University of Pretoria’s Neighbourhood Anchor Strategy” - has been reprinted as part of "Anchored In Place - Rethinking Higher Education and Development in South Africa", edited by Leslie J. Bank, Nico Cloete & François van Schalkwyk.

The article highlights the significant initiatives UP is undertaking to lead an urban renewal and social transformation project around its Hatfield campus in the City of Tshwane, South Africa. U3 Advisors worked on developing the framework strategy for UP and drew upon their deep experience with anchor institution strategies in the United States. The article grew out of Jaime’s presentation at the University-City Building Conference in Cape Town (October 2016) which hosted experts and key stakeholders around higher education initiatives in South Africa.

Learn more about U3 Advisors' work with the University of Pretoria here

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Press

Universities Look to Strengthen the Places They Call Home

U3 Advisors' CEO Omar Blaik offers our perspective on universities and local communities in the New York Times article, "Universities Look to Strengthen the Places They Call Home" -- “You really cannot thrive as an institution by starving the neighborhood around you and being so singularly focused on your own goals,” said Omar Blaik, a former vice president at the University of Pennsylvania, now the chief executive of the consulting firm U3 Advisors. “You advance your own goals in an enlightened self-interest way by advancing goals of the neighborhood and the city.”

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News

U3 Advisors CEO Omar Blaik at AUB discusses how how higher-ed institutions can foster livable and equitable neighborhoods

U3 Advisors' CEO Omar Blaik, visiting American University of Beirut (AUB) , participated in a public discussion with Mona Hallak of the AUB Neighborhood Initiative on how higher-ed institutions can foster livable and equitable neighborhoods in the city. Read more about U3A's previous engagements with AUB here. 

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News

U3 Advisors works with Lafayette College and the Dyer Center for Innovation and Entrepreneurship to organize its first real estate case competition

U3 Advisors worked with long-standing client Lafayette College and the Dyer Center for Innovation and Entrepreneurship to organize its first real estate case competition focused on student housing development. The goal of the competition was to teach students how to evaluate investment opportunities, assess risk, and make a pitch to executive leadership. U3A's Todd Stern and Danielle Robins wrote the case study and organized a “bootcamp” to educate participants about real estate. Todd and Danielle also facilitated a day-long bootcamp to teach students about student housing development in particular. 

U3A saw the competition as a unique opportunity to educate the next generation of real estate professionals and impart lessons learned from its own experience over the last 20+ years working with colleges and non-profits on complex real estate projects. The competition exposed students to the wide variety of roles within real estate, including advisory, development, debt/equity, architecture, and legal, among others, demonstrating the collective effort it takes to implement a project. 

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