GREEN BAY, WI (WTAQ) – A receiver has been appointed to oversee the renovations and finances of the Hotel Northland project.
Paul Swanson says he will start the process of reviewing all claims, liens, and unpaid bills.
Remodeling work began years ago, but construction has been halted by several financial problems.
The goal is to turn the former Schroeder Hotel into an upscale, botique hotel.
The judge also approved having Octagon Credit Partners buyout one of the project’s other lenders and provide the needed capital.
