U3 Advisors is a nationally recognized consulting practice that provides real estate and economic development solutions to the institutions that anchor our communities.


U3 Advisors advises our clients on a wide variety of real estate issues so that they can better understand how their real estate portfolio can best serve their institutional core mission. Universities and non-profit organizations may wish to determine whether there are opportunities to consolidate their real estate assets and operate more efficiently. They may also ask whether it is better to own or lease facilities.
U3 Advisors believes that anchor institutions - universities, medical centers, and non-profit and civic organizations – are important economic engines that can be leveraged to regenerate and strengthen their surrounding neighborhoods.
U3 Advisors assists organizations and institutions in planning for new facilities – from a single building to an entire master-planned campus. We also have expertise in many specialized types of facilities, including student and faculty housing, laboratories and teaching facilities, performance venues, and hotels.
U3 Advisors' planning strategies are based on the core philosophy that anchor institutions – universities, medical centers, and non-profit and civic organizations – provide critical economic and social support for the communities of which they are part.

Featured Projects

  • U3 Advisors was engaged by a consortium of foundations in Detroit including The Kresge Foundation and Hudson-Webber Foundation to create a strategy for Midtown Detroit that leverages major anchor institutions – Wayne State University, Detroit Medical Center, and Henry Ford Health System – to revitalize their shared district that is rich with institutional uses but lacking in vitality. Over a period of three years, U3 Advisors worked with the Anchors to create and implement institutional programs, advance a midtown community development organization, facilitate a physical development plan for the Woodward-Cass Corridor, and put in place strategic initiatives that forward the development of Midtown.

  • U3A’s New York office has served since 2005 as real estate consultant to Princeton University’s Office of the Vice President for Facilities, working on a variety of planning and analytical projects. In addition to assisting Princeton to launch a campus planning initiative and master planning process, U3A has undertaken several major analyses of the University’s real estate holdings and helped to implement an off-campus real estate strategy.

News + Ideas


Striking A Grand (Local) Bargain: How cities and anchor institutions can work together to drive growth and prosperity

U3 Advisors' Co-CEO, Omar Blaik, and Vice President, George Smith, contributed to the National Resource Network's September 2015 report on the need for a "grand bargain" between anchor institutions and cities to further economic development for community benefit . Read more about the challenges and opportunities for city/anchor partnerships here.

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Detroit Free Press: Housing deals boost Midtown's revival in Detroit

The Detroit Free Press reports on the initial results of a five year effort to encourage people to move into areas in and around Detroit's MidtownU3 Advisors has been engaged in the district for the past five years, assisting philanthropic and anchor partners with the coordination, integration, and leveraging of multiple initiatives in the region. Read more about U3 Advisors' engagement in Midtown Detroit here

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U3 Advisors is hiring an Associate in New York

U3 Advisors (U3A) is a nationally recognized consulting practice with offices in New York, Philadelphia, and Detroit that provides real estate and economic development solutions to the institutions that anchor our communities. We are proud to serve as development managers, advisors, and strategists to a wide and diverse range of mission-driven clients. Current clients include Cornell University, Princeton University, Johns Hopkins University, the Stevens Institute of Technology, Manhattan College, the Brooklyn Public Library, the New Jersey Performing Arts Center, and many others. 

The New York City Associate will work with senior staff providing project management, research, and analytic support for a wide range of clients and assignments. 

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Live6 Alliance to Advance Neighborhood Revitalization in Livernois/McNichols Corridor

Leading community partners in Detroit announced this week the formation of the Live6 Alliance.  The Alliance will coordinate and promote the revitalization efforts along the Livernois Avenue and McNichols Road commercial corridor in Northwest Detroit. Funders have committed a total of $700,000 over two years to facilitate the Live6 Alliance’s work.  U3 Advisors' Co-CEO Omar Blaik, Vice President George Smith, and Lauren Hood - Acting Director of Live6 - were on hand for the announcement.  Read the full article here .

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