Mar
29

Charleston’s Restoration on King Hotel Could Be Headed for Foreclosure

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– postandcourier.com

The Restoration on King, a boutique hotel that Southern Living magazine in January dubbed the South’s best new romantic stay, could be headed for foreclosure.

An attorney representing Synovus Bank recently filed a legal notice with the Charleston County Court of Common Pleas that precedes a formal foreclosure lawsuit.

The bank’s attorney, Tom Harper, said in an email to The Post and Courier that his client “is working with the owner in an effort to avoid that.”

“It’s too early to speculate whether litigation will eventually be necessary, but nobody wants that,” Harper said.

ARTICLE SHORTENED DUE TO LENGTH….

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