"We were able to achieve the goal of allowing the congregation to emerge on a stronger financial foundation for future growth," Arthur Wolf, president of the Synagogue Adat Chaim, said in a statement.
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115 Cockeys Mill Rd, Reisterstown, MD 21136, USA
The bank filed to foreclose on Adat Chaim in March in Baltimore County Circuit Court.
The synagogue opened its facility in 1993 but has seen membership decline.
Foreclosures on houses of worship have jumped to record numbers nationally in the past two years.