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FOR IMMEDIATE RELEASE
Contact: Shirley Freyer
Concordia Lutheran Ministries
Tel: 1-724-352-1571 x8266
sfreyer@concordialm.org

Concordia Purchases Saxony Farm Estate

Cabot, PA – Today, Concordia Lutheran Ministries acquired the distinguished 500-acre Saxony Farm estate located in Saxonburg, PA. This property features 3.5 miles of frontage on three roads in Jefferson and Winfield townships. The historic horse farm includes a tree-lined entrance, full size racetrack, miles of trails, a lake surrounded by mature woodlands and picturesque pastures, all enclosed by over three miles of white fencing. The property is located just one mile south of Concordia’s main campus in Cabot and borders the quaint town of Saxonburg. 

Concordia’s Board of Directors approved the purchase of the park-like setting to further enhance opportunities for Concordia’s mission and future. Although the development plans are still in progress, Keith Frndak, president and CEO said, “This magnificent property is a rare opportunity. We envision expanding new types of living options on this property to complement services already available on our main campus. Concordia’s many friends will enjoy the look and feel of the estate, which is so close to Concordia’s support and service headquarters.”

The purchase was made possible by a $1 million gift of equity by the former owner, the Raymond Lassinger Family Trust. The Lassingers noted that since they purchased the property ten years ago that they have entertained potential buyers on a monthly basis. Mr. Lassinger is the owner of Associated Ceramics in Sarver, Pa.

 

Photo Courtesy of The Gateway Engineers, Inc.

   
 
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