Bank forecloses on The Greene for nearly $113 million in unpaid debt

A bank has filed foreclosure for a popular mall in Greene County and claims it owes millions of dollars in loans.

News Center 7′s John Bedell dives deeper into the foreclosure filing for The Greene TONIGHT on News Center 7 at 6:00.

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News Center 7′s John Bedell found that Wells Fargo claims The Greene Town Center defaulted on a loan after paying less than a fifth of the total by the deadline.

Court filings claim The Greene owes nearly $113 million.

The original loans taken out in 2013 were for more than $137 million, according to the court documents.

Community members want to know what’s next for the place where they shop, eat, and spend their cash after learning the mall owes so much of it.

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“We don’t want to see any, any, place like this go out of business or go downhill because the bills aren’t paid,” Beavercreek resident Jim Derksen said.

News Center 7′s John Bedell reached out to The Greene’s management, its parent company, and The City of Beavercreek for comment.

The City of Beavercreek declined to provide a comment and The Greene’s parent company has acknowledged the request but has yet to respond.