RAY HUNT SPENT $35 FOR SMU

The Daily Campus breaks the story:

Ray Hunt, a prominent Dallas businessman and member of the SMU Board of Trustees, gave the university $35 million in November 2005 to purchase Park Cities Plaza, the shopping center at Mockingbird Lane and Central Expressway adjacent to the campus. According to depositions taken Aug. 3 and 7 from the previous owners of the shopping center, Hunt wired the money to a title company Nov. 15, closing the sale.

Nice work, kids.

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