WQBE News

Greenbrier Hotel to be auctioned this month

The Greenbrier Hotel, owned by West Virginia Gov. Jim Justice and his family, could be going up for auction later this month. 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. Eyewitness News said 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. 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, and that led to foreclosure proceedings. Justice bought the historic Greenbrier out of bankruptcy in 2009. The resort, which dates back to the 1700s, is considered a National Historic Landmark.

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