Crystal Cathedral picks Chapman University as its buyer
Chapman University has been picked by the board of the bankrupt Crystal Cathedral as the preferred buyer of the Garden Grove property.
Under the plan, Chapman University would purchase the campus for $50 million and allow the church ministry to lease and eventually buy back its core buildings.
Chapman President James L. Doti said he had not spoken to the board about the decision, but believes it is the right one for the ministry, founded by Robert H. Schuller in 1955.