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Justice family announces successful refinancing of Beltway debt and continued commitment to The Greenbrier Resort and Glade Springs Resort

Mountain Media, LLC by Mountain Media, LLC
October 18, 2024
in Local News
0

The Justice family is pleased to announce that it has completely satisfied its obligations to Beltway Capital and that the Beltway Capital indebtedness has been paid in full. This significant achievement comes as part of the family’s ongoing commitment to ensure the long-term stability and prosperity of their holdings, including The Greenbrier Resort, America’s Premier Resort.

The complete satisfaction of all obligations owed to Beltway Capital follows the previously announced settlement agreement between the Justices and Beltway, pursuant to which the Justices made all required payments well in advance of their due dates under the settlement agreement. This proactive approach has not only strengthened the Justice family’s financial position, but also reaffirmed their dedication to the future of The Greenbrier Resort and Glade Springs Resort.

As a result of the payment in full, the auction sale of The Greenbrier Resort scheduled for Oct. 25, has been cancelled and fully withdrawn, allowing the Justice family to focus on enhancing the guest experience and operational excellence at this iconic destination. Having completed this process, the Justices will be in a position to provide extended stability for The Greenbrier’s operations, enabling continued investment in the resort’s facilities and services. The Justice family remains committed to upholding the legacy of The Greenbrier as a premier destination for guests from around the world.

“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.”

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