Saint Augustine’s University is working on finalizing a 99-year land-lease agreement with development firm 50 Plus 1 Sports.
The revamped deal would no longer require the approval of the state Attorney General’s Office, which had expressed “serious ...
Saint Augustine's University has modified its request to sell property to shore up its finances in hopes of getting the state ...
According to the proposal, obtained by The N&O, St. Augustine’s could lose access to all of its land for the full 99-year term of the lease if it defaults on an additional agreement included in the ...
After running into obstacles with a state review of a proposed lease and development deal, Saint Augustine’s University is restructuring an agreement to lease its campus, INDY Week reported.
A land deal that Saint Augustine's says is critical to its survival is in jeopardy over concerns about the company that says ...
Saint Augustine’s University needs to shore up its finances ahead of an accreditation vote next month. But state officials ...
The private HBCU has $32 million in debt, an ongoing battle with the IRS, and an upcoming appeal hearing to maintain its ...
The university will lease less than half its property to a developer rather than all 105 acres, as was originally planned.
The letter outlines specific reasons why the Office of the Attorney General could not approve a multi-million dollar funding deal from Florida-based 50-Plus-1 Sports.
SAU Interim President Dr. Marcus Burgess said the university has suspended in-person classes to take care of deferred ...
As St. Augustine’s prepares to appeal another decision to strip the university of its accreditation, leaders are betting on a loan and land deal. But that’s raising concerns among some alumni.