OAKLAND — A private university in the Bay Area that’s been jolted by financial woes including a real estate loan default has been officially put up for sale even as it prepares to close its doors this year.
Holy Names University, including the buildings and the Oakland site’s land, has wound up on the sales block in a property offering that’s being handled CBRE, a commercial real estate firm.
The 58.6-acre campus, nestled in the East Bay hills at 3500 Mountain Boulevard in Oakland, is scheduled to shut down after the school year is complete this spring.
The most recent among numerous brutal financial challenges that face Holy Names University