New Business Launches and Updates in May 2024

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The Greene Responds to Lawsuit: Open for Business and Negotiating with Lender

The Greene Town Center in Beavercreek is facing a lawsuit from Wells Fargo Bank, claiming that the popular outdoor mall, apartment, and office complex owes tens of millions of dollars in loan payments. However, representatives of The Greene have responded, stating that they are actively negotiating with their lender in good faith to find a reasonable resolution.

In a statement released on Tuesday evening, a spokesperson for The Greene said, “While we are disappointed with the recent actions of the lender, it is our intention to continue to work with them to find a resolution.” The spokesperson also mentioned that The Greene remains open for business and is excited to announce new tenants coming to the Dayton market.

The ongoing negotiations between The Greene and Wells Fargo Bank highlight the challenges faced by businesses during these uncertain times. Despite the legal battle, The Greene is determined to find a solution and continue serving the community. Stay tuned for further updates on this developing story.