TRT Holdings Buys Greenbrier Resort Debt
Charleston West Virginia News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
TRT Holdings, parent of Omni Hotels, acquires Greenbrier Resorts first-lien debt, owned by Senator Jim Justice. The resort, with 700 rooms and 4 golf courses, has a $209.48 million debt. TRT paid $289.48 million, ending a contentious relationship with Carter Bank. Jill Justice, resort president, and TRTs CEO, Blake Rowling, discuss future plans, aiming for regional synergies. The resort faces financial challenges, including a JPMorgan loan default and unpaid sales taxes.
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