Deborah J. Caruso, trustee for ITT Educational Services Inc. filed a motion in the US Bankruptcy Court for the sale of its certain assets on August 13, 2018. The debtor seeks the Court’s approval for the sale of its certain assets to Renewing Management Inc., the stalking horse bidder, for a purchase price of $1.80 million in cash pursuant to the asset purchase agreement dated August 6, 2018. The purchase price consists of $1.795 million for the real estate and $0.005 million for personal property. The debtor’s assets include real estate located in Indianapolis, Indiana and certain personal property. To qualify as a qualified bidder, interested parties should submit their bids by September 19, 2018. The debtor has scheduled an auction on September 25, 2018. The sale hearing is scheduled for September 26, 2018. A&G Realty, real estate broker, and Tiger Capital, auctioneer, are entitled to receive a commission of 1.95% and 13% of the gross sale proceeds, respectively.