TAMPA, FL—Marcus & Millichap Real Estate Investment Services recently announced that Dorothy Jackman, vice president, investments, and Travis Prince, a senior associate in the local office, were selected by the Growth Group, a consulting organization for higher education institutions, to participate in The Higher Education Monetization Consortium (HEMC).

The consortium consists of education leaders and finance experts to assist universities with real estate monetization strategies. It formed last year, Jackman tells GlobeSt.com for obvious reasons. “Universities have suffered just as any business in the recession. Enrollments are down, endowments are down. Increasingly, they are considering turning to real estate to fill gaps in the budget.” Unlike other industries, though, higher education does not have that much experience in monetization its real estate.

GlobeSt.com: First, let’s define what we mean by monetization.


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