Westmont Faculty Housing
Project Management Services
Westmont has completed construction of 13 condominiums and expanded our portfolio of affordable faculty housing. Known as Tejado Grove, the condos are near downtown Santa Barbara and offer an alternative to the single-family homes found adjacent to campus in Las Barrancas. The college has now built 54 affordable homes for our professors and their families.
After an extensive search process, Westmont has hired Vanguard to serve as the investment manager for the college’s endowment. The company brings significant expertise in managing investments and supporting back-office technology. Through efficiencies in these and other areas, the college stands to save $500,000 per year in investment-related costs. This means more money will stay invested to support scholarships, endowed faculty chairs and other programs.