The good news was they had a buyer.
Glorieta Conference Center, owned by the Southern Baptist Convention's LifeWay Christian Resources, is one of the largest and best-known Christian conference facilities in the country, sitting on 2,100 acres near Santa Fe, New Mexico. But for 24 of the last 25 years it has drained money from the organization.
"There's just not a demand for the kinds of things that we do and used to do at Glorieta," said LifeWay spokesman Marty King. So, last September, LifeWay's trustees decided to investigate selling the campus. The plan was to sell to the Baptist Convention of New Mexico for the nominal price of $1. However, the convention said the cost of upgrading Glorieta and potential environmental liability made acquisition unattractive.
Then came an offer from San Franciscoâ€“based Olivet University. (The school has no connection to Illinois-based Olivet Nazarene ...