format_list_bulleted Topic Overview

Purchase Real Estate

Lands and buildings (as defined as real estate) are purchased for a variety of reasons, including to generate income for the university’s operations, to fulfill the university’s mission and long-range vision and to increase the availability of housing for faculty and staff.

Staff across different units work collaboratively to facilitate the purchasing of real estate for these three categories:

  • Investment Real Estate
  • Academic or Auxiliary
  • Faculty and Staff Housing

Key Roles and Responsibilities

  • Faculty Staff Housing (FSH): Faculty Staff Housing, a division of the Office of the Provost, provides a variety of programs and information to help eligible Stanford faculty and staff make the transition into a new home as smooth as possible.
  • Land, Building and Real Estate (LBRE): LBRE constructs and manages real estate on behalf of the university.
  • Financial Management Services (FMS): FMS General Accounting and Real Estate Accounting teams process and implement the faculty staff housing mortgage loan and real estate transactions for purchases.
Last Updated: Aug 17, 2020