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Greg Ryan

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Articles

Debt-Laden Boston Suburb Weighs Buying Closed College Campus

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By Greg Ryan 
| Bloomberg Tax
Tom Koch, the mayor of Quincy, Massachusetts, is trying to buy the campus that Eastern Nazarene College abandoned when it shuttered last year. With 27 acres in a historic, tree-lined neighborhood close to the coast, the site would be perfect for the Boston suburb to expand its reach — and ensure no commercial developers get their hands on the land. The problem? Quincy would have to borrow $22.5 million from the municipal bond market at a time when its budget is already strained.
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Debt-Laden Boston Suburb Weighs Buying Closed College Campus Original

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By Elizabeth Rembert , Greg Ryan 
| Bloomberg Government
Tom Koch, the mayor of Quincy, Massachusetts, is trying to buy the campus that Eastern Nazarene College abandoned when it shuttered last year. With 27 acres in a historic, tree-lined neighborhood close to the coast, the site would be perfect for the Boston suburb to expand its reach — and ensure no commercial developers get their hands on the land. The problem? Quincy would have to borrow $22.5 million from the municipal bond market at a time when its budget is already strained.
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Colleges Facing Closure May Get Relief From Easier Mergers (1)

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By Liam Knox , Greg Ryan 
| Bloomberg Government
The US Department of Education wants to grease the wheels for college mergers and acquisitions, a rare Trump administration proposal with broad support from university leaders who see the policy helping the sector withstand a wave of financial distress. The agency aims to expedite and simplify M&A reviews within the next year, according to Under Secretary Nicholas Kent, the top federal official overseeing higher education.
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