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ID
Former SDC Properties Repossessed by Lender at Auction
['Meredith Melland']
Urban Milwaukee
Forward Community Investments bid $3,107,646.36 for the properties, which is the total amount SD Properties owed in the money judgment.
SD Properties could still attempt to redeem the properties before then.
Zerwer said he expects Forward Community Investments will market the properties for sale in the near future following the confirmation hearing.
Jorge Franco, the interim CEO of SDC and chair of the SDC board, is also on the SD Properties board.
Former SDC properties repossessed by lender at auction was originally published by Milwaukee Neighborhood News Service