BEAVERCREEK — The Greene Town Center has been granted an extension to respond to a foreclosure complaint filed by Wells Fargo Bank last month.
In a filing submitted last week in Greene County Common Pleas Court, the Greene Town Center LLC was granted a 30-day extension, making their new deadline July 15.
>> ORIGINAL COVERAGE: Bank files foreclosure notice on The Greene for nearly $113 million in unpaid debt
As News Center 7 has previously reported, Wells Fargo Bank filed a foreclosure notice for the shopping center in May. They claim The Greene still owes nearly $113 million of the $137 million in loans they took out in 2013.
After the bank filed the foreclosure complaint, The Greene told News Center 7 it was “open for business as usual.”
>> PREVIOUS COVERAGE: Real estate lawyer explains what’s next for The Greene after bank files foreclosure
A real estate lawyer who reviewed the lawsuit told News Center 7 that the people who live, work, own businesses, shop, and eat at The Greene won’t notice any difference in the day-to-day operations.
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