In a recent article written by Michael Keating titled “Here’s Hoping Congress Comes Up with a New Infrastructure Plan,” A&M Managing Director Jay Brown weighs in on the potential for bipartisan cooperation on a new infrastructure package following the 2018 midterm elections:
Jay Brown, managing director at Alvarez & Marsal’s (A&M) Public Sector Services group is bullish on infrastructure in the near term. His firm provides leadership, problem solving and value creation for companies, governments and other organizations globally.
“I believe there will be more infrastructure projects in 2019 than in 2018, particularly for social infrastructure due to the significant need for capital improvements in this asset class and the significant momentum that is building in the municipal and higher education Public Private Partnership (P3) spaces,” Brown says.
Brown defines social infrastructure to include schools, courthouses, criminal justice facilities, libraries, civic buildings and workforce housing. He believes that sector offers the most growth potential, "due to the volume of need and the smaller capital requirements, which attracts a wider group of developers and capital sources.”
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