Word: reals
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Dates: during 2010-2019
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Reducing the size of the real estate portfolio also improves liquidity, but such sales involve risks as well...
...value of Harvard’s real estate portfolio fell by over 50 percent in the year ending June 30, 2009, according to the 2009 HMC Endowment Report published in September...
According to sources cited in yesterday’s report in the Journal, officials at Harvard grew concerned over real estate and private equity holdings that are difficult to sell and require future cash commitments—the types of holdings that make the University more vulnerable to economic downturns...
...Harbor—have much in common with their ex-antagonist country’s Angry Young Men. They’re deeply dissatisfied with the status quo. They think (justifiably) that nobody takes them seriously. They lack any theoretically rigorous suggestions. And yet their frustrations point to a real complaint with the way things are being done, one that deserves far deeper engagement than it’s being given...
What really defines our political era, as Ronald Brownstein notes in his book The Second Civil War, is not the polarization of Americans but the polarization of American government. In the country at large, the disputes are real but manageable. But in Washington, crossing party lines to resolve them has become excruciatingly rare...