Bucks Arena Financing Faces Tight Timetable... and Common Ground

Arena, Community Organizing in Milwaukee, stadium, Economic Development

Bucks Arena Financing Faces Tight Timetable... and Common Ground

Monday, April 13, 2015
Journal Sentinel of Milwaukee

....Then there is Common Ground, a community group that is opposed to the use of public money for the new arena. The group wants public money for improved playgrounds and recreational spaces in Milwaukee County.

Recently, Edens has been singled out. His Fortress Investment Group in New York largely owns Nationstar Mortgage, a mortgage-servicing company, and Common Ground said the firm is responsible for an undetermined number of blighted properties in the city. The group has demanded that Nationstar donate $25 million to the city to help rehabilitate foreclosed properties.

"We're taking the Nationstar issue very seriously," Curley said. "We hope to keep making progress with Nationstar."