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Justice Family Secures $500M Hotel Deal
Description
The Justice family’s grip on The Greenbrier is tightening as they secure a $500M loan from Kennedy Lewis Investment Management — a New York firm managing $30B+ — to settle debts and fund upgrades. The deal stems from a $300M debt TRT Holdings (owners of Omni hotels) bought up, leading them to court to force receivership and oust the Justice family, who’ve owned the property since 2009. A potential auction for the Greenbrier Sporting Club was also floated to recover funds, but details remain murky.
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