A federal judge appointed a receiver Friday to take control of the assets of Notre Dame College, clearing a major hurdle for the sale of the 40-acre campus in South Euclid after the college closed in May 2024.

Judge Charles Esque Fleming signed the order appointing Aurora Management Partners and David Baker as the receiver for the property. Bank of America, the college's creditor, had sought the order earlier this year, alleging Notre Dame College had defaulted on roughly $20 million it owed. The debt relates to a bond the college took out in 2008 to pay for facilities work on campus, court records show.

The order excludes the receiver from tapping into the college's endowment fund, or any other money that might be owed to the state related to a lawsuit filed by the Ohio Attorney General

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