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After deciding to shut down at the end of May, the Holy Names University (HNU) Board of Trustees has just sold the 58-acre campus in the Oakland hills to a Los Angeles-based real estate firm, BH Properties, a company with minimal connection to education or to Oakland. Though the price was not revealed, previous reports said the asking price was $70 million. | By Ken Epstein After deciding to shut down at the end of May, the Holy Names University (HNU) Board of Trustees has just sold the 58-acre campus in the Oakland hills to a Los Angeles-based real estate firm, BH Properties, a company with m...

Holy Names University's hillside campus in Oakland has officially been bought for more than $60 million in a deal that the new owner says will preserve educational activities at the scenic complex.

Holy Names University's hillside campus in Oakland has officially been bought for more than $60 million in a deal that the new owner says will preserve educational activities at the scenic complex.

Purchase of 57-acre campus for unknown price avoids a foreclosure auction scheduled later this month.

The Oakland campus of Holy Names University has a new owner. Los Angeles based BH Properties has purchased the 58-acre site.