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Church Property Sales on the Rise

2013-08-07 16:07:00| National Real Estate Investor

The Roman Catholic Church has made headlines in recent years for closing parishes across the country from New York to Detroit in a major effort to restructure its archdioceses. Yet the mass closings reflect a broader shift impacting a variety of religious organizations. The downsizing stems from declining revenues, shifting demographics and high costs associated with maintaining aging facilities. read more

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