Names of STAR Academy property agreement purchasers announced

CUSTER, S.D. — After Governor Noem signed the STAR Academy purchase and approved the sale, the names of the purchasers has been released.

The purchasers are Paul and Haylee Vershure and Mark Neilsen and Kim Neilsen, who own a home building company and excavating company in Custer respectively.

According to Ryan Brunner, the Commissioner of School and Public Lands, closing on the property is still a few months out, but the sale has been approved.

Brunner says that the two parties will form a new company or LLC for the project.

Reality company Faith Lewis and Keller Williams Realty in Custer is represented both companies.

This is a developing story that NewsCenter1 will provide updates to as they become available.