Leaders of a Reisterstown synagogue facing foreclosure said Tuesday that they had reached an agreement with lender Susquehanna Bank to allow the sale of the building on Cockeys Mill Road.
"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.
The congregation is exploring options for a new location, Wolf said. Members plan to gather in late June to remove the Torah scrolls from the building and install them in an interim home.
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.Copyright © 2015, The Baltimore Sun