In its first such move, the $60 million Stonehill College endowment fund, North Easton, Mass., may invest in office and other types of real estate, said Edward Casieri, vice president-finance and treasurer. The fund could allocate 5% of its assets to the area; a decision could come in September. Prime Buchholz is assisting in a study.
The endowment has 5% of its assets in timberland, its only real estate investment.
