I think they buy property around campus as it becomes available. Many big institutions do that, to avoid becoming land-locked. Someone told me they bought some of the really destroyed little houses, probably a good deal for everyone.
This is in the minutes for the IHL USM – Approved the purchase of property located at 596 North 25th Avenue . . . . does anyone know what this will be used for?
I wouldn't be surprised if that house didn't serve as a new home for Psych
I believe that this property will be deeded to the foundation and a hospitality center for honor club members will be constructed. This center will be used primarily for tailgating functions and because of ownership liquor will be allowed. Faculty honor club members will be welcome .
That some of the Foundation Trustees that have been added since SFT's coronation are encouraging the addition of a faculty club, to offer an olive branch. Just FWIW-