The second part of a two-part article addresses four key issues for higher education administrators to consider as they investigate real estate opportunities. They are (1) market feasibility; (2) development strategy; (3) financing; and (4) governance. Guidelines for innovative real estate projects even during the potentially difficult early 1990s…

Argues that trustees, finance officers, and other leaders of institutions of higher education must redefine and expand their traditional interactions beyond discussion of budgets and balance sheets if they are to guide change instead of being controlled by it. University leaders need to focus on their roles, share information differently, use…