“U-M regents meeting minutes do not explain why the university, which has an $11.9 billion endowment, invested in Detroit real estate or how the deal came together.” UM invested $30 million in Detroit Renaissance Real Estate Fund, which is owned by FDR Investments LLC. Read more from The Bridge.
NEWS BRIEFS: Detroit Foreclosure Notices Linked to University of Michigan Investment
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Future U
Established in 2015, this website was conceived by current and former Michigan State University faculty members. The purpose is to be declarative about the pernicious impacts of neoliberalism on higher education and society at large. With new articles posted daily, there is a rotating set of features, perspectives, news stories, and other materials of interest. (NOTE: This site is not affiliated with Michigan State University or any other institution, higher education or otherwise.)
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