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mahatmakanejeeves

(60,915 posts)
Thu Aug 1, 2024, 11:37 PM Aug 2024

Iconic Greenbrier Hotel listed for public auction due to defaulted loan

Iconic Greenbrier Hotel listed for public auction due to defaulted loan

by STAFF REPORTS
Thursday, Aug 1st 2024

WHITE SULPHUR SPRINGS, W.Va. (WCHS) —
The Greenbrier Hotel, owned by West Virginia Gov. Jim Justice and his family, could be going up for auction later this month, according to a legal advertisement placed in a Lewisburg newspaper.

The Notice of Trustee’s Sale placed in the West Virginia Daily News calls for a public sale on the Greenbrier County Courthouse steps at 2 p.m. on Aug. 27 due to a loan declared to be in default.

The governor’s family and JPMorgan had been working in good faith under a mutual agreement since 2021 to successfully reduce the debt by $9.4 million, according to a statement from the Justice family.

At the beginning of July, the governor said his family was notified by JPMorgan that their loan, originally for $142 million, had been sold to Beltway Capital who immediately declared the loan to be in default, the statement said.

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Iconic Greenbrier Hotel listed for public auction due to defaulted loan (Original Post) mahatmakanejeeves Aug 2024 OP
The owner his an R behind his name RainCaster Aug 2024 #1
inJustice is running for U.S. Senate now! k8conant Aug 2024 #2
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