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Shalhevet looks for financial security in property sale

URL: http://www.jewishjournal.com/los_angeles/article/shalhevet_looks_for_financial_security_in_property_sale

Shalhevet high school is close to finalizing a deal to sell more than half of its 2.4 acres to a property developer who plans to build an apartment complex on the lot at the corner of Fairfax Avenue and San Vicente Boulevard. The plan will put Shalhevet on firmer financial footing, head of school Ari Segal told the Boiling Point, Shalhevet’s school newspaper. The school currently carries heavy debt and has limited funds for capital improvements and programming, Segal said.

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