Non-Profits Taking Advantage Of Hot Real Estate To Cash In (Or Out)

“Investors and developers, even those who were historically not sellers, have taken advantage of the market to sell their assets rather than refinance or allow cash flow to accumulate. Nonprofits have followed suit, many feeling that the value of some longstanding locations are replaceable by other locations combined with consolidation of services and residences is a positive arbitrage that results in a stronger balance sheet.”