Maryland School for the Blind sells Westminster Inn to YMCA
Baltimore, MD-August 28, 2007:
The Maryland School for the Blind (MSB) has sold The Westminster Inn to The YMCA of Central Maryland for $1 million. The property was donated to the school in 2005. The proceeds from the sale will fund essential programs at the school.
The Maryland School for the Blind is a non-profit school that serves students across the state who are blind, visually impaired, or multiply disabled. MSB sought another mission-oriented, non-profit organization to negotiate the sale. John K. Holey, President and CEO of the YMCA Central Maryland states, "This opportunity became attractive to us because it allows us to provide programs and services, including health and wellness, and child care, in a location central and convenient to a larger percentage of Carroll County's families that we are currently serving".
We were delighted to negotiate a transaction where the Y is able to expand their services, and provide services to the residents of Carroll County> "> , said Steven Koren, board member of MSB Enterprises, LLC.
The property, located at 5 North Center St. in Westminster, MD, was formerly a full service inn, and also housed a restaurant and fitness facility. The sale was negotiated by MSB Properties and MSB Enterprises, LLC.
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Located in the northeast corner of Baltimore, The Maryland School for the Blind (MSB) is a private, nonprofit school dedicated to educating children and youth from infancy to age 21 who are blind, visually impaired, and multiply disabled. Each year, the school serves more than 800 students throughout the state. In addition to the traditional classroom education, MSB offers comprehensive services including; residential, braille and low-vision instruction, travel training, transition, health and therapy services, career education, and outreach.
MEDIA CONTACT
Taiisha L. Pinkney
Public Relations Manager
The Maryland School for the Blind
Taiishap AT mdschblind.org
(410) 319-5722p (410) 319-5755f
www.marylandschoolfortheblind.org
