HENRICO COUNTY, Va. -- A last minute deal has helped a local hotelier avoid losing ownership of one of its flagship Richmond properties. Shamin Hotels confirmed Thursday it has reached an agreement with the lender on its Hilton Richmond Hotel & Spa at 12042 W. Broad St. in Short Pump to stave off a foreclosure auction that had been scheduled for Sept. 28 on the steps of the Henrico County Courthouse. Click here to continue reading on Richmond BizSense.

Richmond BizSense
The Hilton Richmond Hotel & Spa at 12042 W. Broad St. is headed to a public foreclosure auction Sept. 28.

Posted
and last updated
Copyright 2021 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Entertainment
Watch 'The Jennifer Hudson Show' weekdays at 3 p.m. on CBS 6!
📱 Download CBS 6 News App
The app features breaking news alerts, live video, weather radar, traffic incidents, closings and delays and more.