A big real estate deal has erased $4.2 million in short-term debt held by Southwestern Baptist Theological Seminary, President David Dockery told the Dallas Morning News. The Fort Worth, Texas-based school, one of six seminaries owned by the Southern Baptist…
City of Fort Worth to buy Southwestern Seminary housing units for $11 million
Southwestern Baptist Theological Seminary could get an $11 million infusion of cash if a planned sale of 15 acres of property to the City of Fort Worth goes through. The sale of most of its Carroll Park student housing complex,…
Land deals have been part of Southwestern Seminary’s story from the beginning
Real estate has been at the heart of Southwestern Baptist Theological Seminary’s story from the beginning and now once again could offer a financial lifeline. Faced with an unspecified but clearly significant financial problem, the Fort Worth, Texas, seminary has…
Southwestern Seminary lists 24-acre parcel for sale
Southwestern Baptist Theological Seminary has listed for sale a student housing village that encompasses nearly 24 acres of prime multi-housing real estate currently appraised at more than $11 million. Carroll Park apartments encompasses 184 one- and two-bedroom units arrayed in…