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UCLA buys former Marymount California campuses for $80M

UCLA buys former Marymount California campuses for $80M

Higher Ed Dive

Natalie Schwartz
September 27, 2022
Dive Brief: 
  • The University of California, Los Angeles announced Tuesday that it is buying two sites from the defunct Marymount California University for $80 million.
  • UCLA said the land acquisition — the largest in its history — will expand access to education at the university. The purchase will enable UCLA to add almost 1,000 students, and the sites may be able to host academic programs next year.
  • With the purchase, UCLA will own Marymount California University’s 24.5-acre main campus in Rancho Palos Verdes. It will also own an 11-acre residential site in San Pedro. Both sites are about 30 miles south of UCLA’s campus.
Dive Insight: 
Purchasing the two sites could enable UCLA to grow enrollment and expand its housing capacity. The university has been under pressure to do both, but has been limited by its 419-acre campus in Westwood — the smallest among the undergraduate institutions in the University of California System.
Still, the UC system is hoping to increase enrollment by 20,000 students across its 10 campuses by 2030. UCLA had about 46,000 students in fall 2021, accounting for about 16% of the system’s overall enrollment.  Far more students apply to the university than it can accommodate, admitting only 11% of freshmen applicants last fall.
“As demand for our academic offerings continues to grow, this acquisition will allow us to expand student access in line with UC’s 2030 goals, strengthen our connections to the greater L.A. region, and deepen our institution’s research and public service impact,” UCLA Chancellor Gene Block said in a statement.
Marymount California announced in April that it was shutting down after a merger with fellow Catholic institution Saint Leo University fell through. Officials said years of falling enrollment, rising operating costs and pandemic-related challenges all contributed to the closure.
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