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

Services

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

News

K. Backus & Associates and U3 Ventures Merge, Creating Industry-Leading Real Estate and Economic Development Firm For Institutions

The new firm – U3 Advisors – serves the universities, medical centers, nonprofits and civic stakeholders that anchor our communities.

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Ideas

The Role of the Private Sector in Placemaking: Creative Placemaking Forum

U3 Advisors Co-CEO Omar Blaik discusses the role of the Private Sector at the ArtPlace America Creative Placemaking Forum in Milwaukee. 

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Press

Developer unveils plans for 4-star hotel at University of Maryland in College Park

U3 Advisors' Co-CEO discusses the proposed 4-star hotel at the University of Maryland College Park in the Washington Post. 

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Press

U3 Advisors proposes private development on UMass Amherst Campus

U3 Advisors' Vice Presidents George Smith and Steve Jacobs discuss the potential for private development at UMass Amherst. 

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