CST Finalizes Sale of Historic Campus, Reduces Debt, and Relocates to Los Angeles
Los Angeles, CA — The Claremont School of Theology (CST) has officially closed escrow on the sale of its historic 16.4-acre campus in Claremont, California, marking a pivotal moment in its 138-year history. The finalized sale, which provides $7.7 million in funds, has been used to significantly reduce the school’s debt, enabling CST to focus on its mission and move forward with a renewed sense of purpose.
“This milestone represents both the conclusion of a decade-long legal and financial struggle and the beginning of a transformative new chapter,” said CST president Grant Hagiya. “Though the sale did not yield the market value we believed the property deserved, it has allowed us to resolve debt and strategically reposition ourselves for the future,” Hagiya said.
The sale follows a protracted legal battle stemming from a restrictive 1957 property agreement with the Claremont Colleges. The arbitration-determined price fell far below the property’s estimated market value of $40–$60 million, but the transaction brings closure to a period of uncertainty and unlocks opportunities for growth.
The relocation to Westwood in Los Angeles symbolizes more than just a physical move—it represents CST’s resilience and vision. “While we let go of our beloved Claremont campus, we carry forward the memories of transformative education, worship, and community. This transition enables us to redirect resources and focus on building a sustainable future,” the school’s president said.
Situated in one of the most vibrant cultural and academic hubs in the country, CST’s new location positions the school to expand its reach and enhance its impact. Already, the institution is rolling out forward-thinking programs designed to address contemporary challenges and prepare leaders for meaningful service.
Key initiatives in development include:
- Global PhD Program Expansion: Positioning CST as a leader in international theological education.
- Korean-context Doctor of Ministry (DMin) and Doctor of Professional Counseling Programs: Serving the needs of Korean-speaking students and communities.
- Innovative Doctor of Ministry Tracks and New Doctor of Spirituality Degree: Launching in Fall 2025 (pending accreditor approval), these programs emphasize adaptive leadership, creative ministry models, and spiritual direction.
- Master of Arts with a Concentration in Education and Certificate Programs: Designed to support leaders in both ordained and non-ordained contexts.
“CST’s commitment to justice, inclusivity, and academic excellence remains steadfast,” Hagiya emphasized. “This moment is not just about adapting to change but leading it, ensuring that CST continues to be a force for good in the world.”
The proceeds from the sale have gone entirely toward debt reduction, alleviating financial pressures but leaving work to be done to secure the institution’s long-term financial sustainability. With innovative partnerships and strategic initiatives underway, CST is poised to shape the future of progressive theological education and expand its impact in Los Angeles and beyond.
For more information about the Claremont School of Theology and its programs, visit www.cst.edu.
###
Established in 1885, Claremont School of Theology is fully recognized and approved as one of thirteen official theological schools of The United Methodist Church, with close relationships with other Protestant denominations, as well as many interreligious partnerships. CST offers graduate level programs, including Master of Arts, Master of Divinity, Doctor of Ministry, and Doctor of Philosophy degrees in religion and practical theology. It is located in Los Angeles, CA.