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New A143 crossing signs after death of Bungay grandmother
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New A143 crossing signs after death of Bungay grandmother | East Anglian Daily Times
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Colleges are selling bonds again for new dormitories, signaling optimism for the student housing sector. Bloomberg | May 12, 2021
(Bloomberg) Colleges all across America are betting big on the resurrection of American campus life. So are bondholders.
After a year of declining enrollment, online classes and vacant quads, schools have started selling bonds again for new dormitories, signaling optimism that the impact of the pandemic will be short-lived.
Tufts University, a private school near Boston, took on $250 million of debt to build a new residence hall to allow more students to live on campus. Stockton University raised money to build apartments for its Atlantic City campus. Even a company that has seen several of its dorm projects fall into financial distress during the pandemic was easily able to sell bonds to build another at a college in Boca Raton, Florida.
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Long-time sweethearts Raymond E. and Valerie Hanks spent their Cinco de Mayo sitting side-by-side Wednesday outside of the adjoining senior living facilities in Bankers Hill they call home.
In normal years, it wouldn’t be strange for the married couple of 55 years to spend an afternoon in the shared courtyard of St. Paul’s Nursing and Rehabilitation Center and St. Paul’s Manor.
But after a year kept largely apart due to the COVID-19 pandemic, the afternoon felt special.
When Valerie, 76, first moved into St. Paul’s Nursing four years ago because of her worsening dementia and multiple sclerosis, it was difficult for Raymond, 82, as he adjusted to her absence. He soon moved into the adjoining Manor an independent living facility to be closer to her, and they would visit about six times a day either in his apartment, the courtyard or at the nursing home.
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