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Value of Mercyhurst North East comes into focus as new assessment set

Value of Mercyhurst North East comes into focus as new assessment set
goerie.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from goerie.com Daily Mail and Mail on Sunday newspapers.

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Mercyhurst wants North East campus value lowered to match sales price

Mercyhurst wants North East campus value lowered to match sales price
goerie.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from goerie.com Daily Mail and Mail on Sunday newspapers.

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Mercyhurst North East: Baltimore-based Blue Ocean in talks to buy school campus

The parent company of S.P.I.R.E. Institute, a sports training and education mega-facility in Geneva, Ohio, has been in talks for months to buy the Mercyhurst North East campus, an 84-acre historic property that was once home to St. Mary s Seminary.
If the sides can finalize a deal, Baltimore-based Blue Ocean Investments, a real estate investment and management company, could acquire the campus in the heart of North East less than two years after Mercyhurst University announced plans to close it.
We’re currently conducting some feasibility studies around the property, and evaluating its potential, Blue Ocean President and CEO Jonathan Ehrenfeld said in a statement to the Erie Times-News. We’re grateful for the support and enthusiasm from the community at large and hope we can be a part of the continued preservation and growth of the Mercyhurst campus.” ....

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