Lisa Prasad, Principal of U3Ventures, has over 20 years experience working with higher education institutions. She is a noted expert both in the fields of University real estate and retail development and in the financial management of colleges and universities.
At U3 Ventures, Ms. Prasad is responsible for leading advisory client interactions and project delivery, and guiding the development of real estate assets. Her advisory focus is on creating strategies for economic development and real estate investment in communities surrounding colleges and universities. She is responsible for interacting with executive level university clients to define projects, ensuring the delivery of high quality analytical and strategic services, and defining financial and organizational implications of recommended approaches. Her projects have included real estate and economic development strategies for major anchor institutions including The Ohio Higher Education System, University of Chicago, Temple University, and the University of Colorado-Denver.
Ms. Prasad was formerly an Associate Vice President at the University of Pennsylvania Facilities and Real Estate Services Division. In this capacity, she oversaw the division’s $350 million annual capital and operating expenditures related to developing and maintaining Penn’s physical assets, both institutional and commercial. She also had leasing oversight for the University’s 380,000 square feet retail portfolio that generates an estimated $100 million in annual sales.
During her tenure at Penn, Ms. Prasad also served as the Chief of Staff to Penn’s Executive Vice President. In that capacity, she was key in coordinating the University’s West Philadelphia Initiatives, a comprehensive neighborhood and real estate redevelopment strategy that was awarded the 2003 Urban Land Institute Award for Excellence.
Ms. Prasad came to Penn from the Higher Education Consulting Practice of Coopers and Lybrand where she led a team of consultants providing advisory services to colleges and universities in the areas of finance, business services, and facilities management.
Ms. Prasad received her Bachelor of Arts degree from the University of Michigan and her Master’s degrees in Government Administration and Political Science both from the University of Pennsylvania.