Golden Gate Seminary sells campus, plans for relocation

MILL VALLEY, Calif. (TAB) — After years of attempting to sell its campus, located on prime Californian real estate in Mill Valley near San Francisco, Golden Gate Baptist Theological Seminary has reached a sale agreement with North Coast Land Holdings. President Jeff Iorg announced that the sale agreement, unanimously approved by the board of trustees, would provide resources for a new primary campus in the Orange County/Los Angeles area, a new commuter campus in the Bay Area and “a substantial addition to the seminary’s endowment.” The seminary will remain fully operational during the transition that may take at least two more academic years. Iorg assured students that their degree programs would not be interrupted as the school has a lease-back agreement for the current campus.
–30–

To read more, visit www.thealabamabaptist.org.

Advertisements

About thealabamabaptist

State Baptist newspaper serving Baptists in Alabama, providing information, inspiration and interpretation as well as challenging readers to serve and find opportunities for ministry that further the kingdom of God.
This entry was posted in Home and tagged , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s