Friday, June 2, 2017

Stevenson University, state close in on Rosewood property deal after seven years

Stevenson University is nearing a final agreement to acquire the former Rosewood Hospital Center site in Owings Mills, a deal that has been more than seven years in the making with the state. Under the deal, Stevenson will purchase 117 of the 178 acres at the former state-run institution for the developmentally disabled. The deal would provide three state-sponsored bond loans totaling $16 million to the university to help pay for an environmental remediation of the land. Stevenson would need to…



from http://www.bizjournals.com/baltimore/news/2017/06/02/stevenson-university-state-close-in-on-rosewood.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/161361282837

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