Your future retirement home: On the campus where you spent your student loans
This SUNY college is the latest to capitalize on the demand from retirees to live near or at universities.
By Martin Z. Braun|July 10, 2018 at 12:29 PM
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(Bloomberg) –A growing number of retirees are opting to spend their Golden Years living close to a university campus. Or, in the case of Purchase College, on it.
Later this month, a non-profit organization affiliated with Purchase plans to sell $14.5 million in unrated tax-exempt notes to begin development of a 385-unit retirement community on its 500-acre campus. Known as Broadview, the community is on a 40-acre parcel near the college’s performing arts center and Neuberger Museum of Art.
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