In a statement released tonight at 9:39pm, the Justice Companies announced that they have paid a debt to Beltway Capital in full, thereby halting the announced auction of The Greenbrier Hotel.
“We are excited to have successfully paid in full our obligations to Beltway Capital and look forward to the future of The Greenbrier and Glade Springs,” said Dr. Jill Justice and Jay Justice. “This will allow us to invest further in our operations and enhance the experiences we provide to our guests. We appreciate the continued support from our partners, the patience of our valued team members, for whom we know this was a stressful period, and we look forward to welcoming visitors for many years to come.”
In August, Beltway gave public notice of their intention to auction the historic hotel to satisfy a debt. Several weeks later, the Justice Companies announced an agreement to pay the debt by October 24 and halt the auction…