February 10, 2006

DePaul U. Sells Former Barat College Campus to Developer

By AUDREY WILLIAMS JUNE

A Chicago developer is the new owner of the Barat College campus.

DePaul University, the college's former owner, announced last month that it had sold the 102-year-old campus, in Lake Forest, Ill. It will be converted into a residential community called Barat Woods.

Terms of the deal were not disclosed.

Barat, which merged with DePaul in 2001, closed at the end of the 2004-5 academic year. DePaul shut down the institution because the cost of upgrading Barat's facilities

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