WSU real estate investigation: See the full report from the Ohio Inspector General

Wright State University is using a proxy agency to purchase the former Wright-Patt Credit Union headquarters in Fairborn, expand its lake campus and issue a no-bid contract for a high-profile salt barn, according to records obtained by the Dayton Daily News. All of this is being done through a non-profit called Double Bowler Properties, which the university created last year. The non-profit has secured an $18 million line of credit from Fifth-Third Bank, according to county records. TY GREENLEES / STAFF

Wright State University is using a proxy agency to purchase the former Wright-Patt Credit Union headquarters in Fairborn, expand its lake campus and issue a no-bid contract for a high-profile salt barn, according to records obtained by the Dayton Daily News. All of this is being done through a non-profit called Double Bowler Properties, which the university created last year. The non-profit has secured an $18 million line of credit from Fifth-Third Bank, according to county records. TY GREENLEES / STAFF
Business
By Max Filby and Holly Shively
July 2, 2019
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An investigation by the Ohio Inspector General has found wrongdoing conducted by a Wright State University nonprofit real estate corporation.

Read the full report below:

 

MORE STORIES ON DOUBLE BOWLER 

» State investigation finds wrongdoing by Wright State’s real estate nonprofit

» Non-profit used to expand Wright State’s footprint

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About the Authors

Max Filby
Holly Shively