“It’s not the type of business we think of often, but it’s still a business,” he said.
He's right about that!
Two hundred dorm rooms? Eight classrooms? Training facility? Sounds logical on the surface, but I smell something fishy here. More likely improve the property with free labor from the friends and flip it in a couple years for mucho profit to add to the WT investment portfolio.
Somebody above suggested nursing home, seriously? When they can easily ship old GB members or Bethelites off to regular homes and let Medicare/Medicaid foot the bill?