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This episode is part of our “Bridging Campuses: Legal Insights on Education Industry Consolidation” series, where we discuss trends in higher education consolidation and closures, and outline common characteristics of at-risk institutions.
In today’s episode, we focus on real estate and tax in education consolidation. We discuss the value and marketability of excess real estate, and factors to consider in consolidation transactions such as zoning, historic preservation, and local real estate market dynamics. We also discuss tax issues, including transfer taxes, property tax exemptions, and more.
Bill Rhodes, a partner in Ballard Spahr's Public Finance Group and leader of the firm's Education Industry Team, hosts the discussion. Bill is joined by Chris Jones, a partner and leader of the firm’s Tax Team and co-leader of the firm's Exempt Organizations Team, and Sara McCormick, a partner in the firm’s Real Estate Department.
A transcript of the recording will be available soon.
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