The major assets of the beleaguered San Group are under contract to be sold, awaiting only court approval. The monitor overseeing the credit-protection process has applied to the courts for approval of the sale. A court date is set for this week. …The largest creditors support the sales, despite the fact “they will suffer a significant shortfall on their debt.” The main properties in question are the Coulson manufacturing sawmills and San Group’s value-added facility in Port Alberni. There is also a mill in Langley and an adjacent agricultural parcel. The Surrey-based Fraserview Cedar has agreed to buy the Coulson facility in Port Alberni. The group has said it expects to have the mill up and running this year if the deal closes. A numbered BC company has entered into an agreement to buy the value-added facility. The buyers will lease the site to Ucluelet-based IGV Housing, which specializes in manufacturing scalable housing that combines pre-fab and on-site processes.