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[–] lordtyp0 0 points 3 points (+3|-0) ago 

Yeah, I don't think I've run across the complete story, but it looks like she was put in position to do the expansion. Given a directive and planned budget. The waterfront property in question is interesting. A diocese put it for sale for legal defense against molestation charges. College bought for 10 mil. Was in really bad shape. Recovered to being 2M in debt.

Then the banks pulled the plug, odd in it's own right. A 1M line of credit was pulled after that big of an improvement?

I wouldn't doubt if the forced closure was more of a land grab by someone with vested interest.