He still has a place to rest his head.
Landmark Hotel owner Halsey Minor’s Fox Ridge Farm property in Albemarle was auctioned off this afternoon on the steps of the Albemarle County Circuit Courthouse.
The foreclosure sale was initially set for December 21, but due to the record-breaking snow storm, the auction was rescheduled.
The winning bid was $1.3 million, bought on behalf of Minor by his Charlottesville attorney, but the sale is subject to a $6.8 million lien from the first lender, First Republic Bank.
The cost of the sale amounted to about $30,000, which includes about $16,000 in real estate taxes. The closing is set for February 3.
Reached for comment, the never media-shy Minor said in an e-mail to C-VILLE, “[Lender] Mark Giles created a news story for himself. Nothing has changed. I would hope that in 2010 Lee [Danielson, his onetime partner in the Landmark project] and Mark leave me and my family out of the press.”
Minor had two loans to finance his 204.6-acre Fox Ridge Farm estate in Albemarle County. The second was in contention today.
