University of California Investments Buys NDNU, Water Dog Lake in Belmont
Summary by San Mateo Daily Journal
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University of California Investments buys NDNU, Water Dog Lake in Belmont
Belmont’s Notre Dame de Namur University is selling its 97-acre property to University of California's investment arm after Stanford University dropped out of long-standing plans to develop the campus.
·San Mateo, United States
Read Full ArticleUC Investments Acquires Belmont University Campus in Sale-Leaseback - Connect CRE
Notre Dame de Namur University (NDNU) in Belmont is selling its 97-acre property to University of California Investments. Terms weren’t disclosed. The sale-leaseback deal, which also includes Water Dog Lake, comes a few months after Stanford University dropped out of longstanding plans to develop the campus. UC Investments will lease the existing campus facilities back to NDNU for up to five years, allowing the university to continue in-person i…
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