Kennedy Lewis and Justice Family Form JV for The Greenbrier
A joint venture between Kennedy Lewis and the Justice Family brings new capital and leadership to the historic West Virginia resort.
The short answer
Kennedy Lewis Investment Management and the Justice Family Group have formed a joint venture to fund and operate The Greenbrier. Former MGM executive Lloyd Nathan steps in as board chairman while resort and casino operations remain fully open.
The short version
- Kennedy Lewis Investment Management and Justice Family Group formed a joint venture for The Greenbrier.
- Lloyd Nathan, formerly of MGM Resorts International, was named chairman of the board of directors.
- West Virginia Lottery Commission authorized uninterrupted casino operations during its transaction review.
The Justice Family Group and Kennedy Lewis Investment Management have established a joint venture to own and operate The Greenbrier resort in West Virginia [1]. The agreement delivers long-term financial resources, strategic support, and new board governance led by former MGM Resorts International executive Lloyd Nathan while keeping all hotel and casino operations active without disruption [1].
What are the terms of The Greenbrier joint venture?
The transaction creates a partnership between property owner Justice Family Group and alternative investment firm Kennedy Lewis Investment Management [1]. As Hotel Business reported, the collaboration aims to provide the historic resort with capital resources and institutional expertise for long-term investments in facilities and guest operations [1]. The arrangement pairs the local ownership presence of the Justice family with the financial scale of Kennedy Lewis [1].
Leadership structures will shift immediately under the new agreement. Kennedy Lewis appointed Lloyd Nathan as chairman of The Greenbrier's board of directors to oversee the property's operational direction and future development plans [1].
| Entity | Role in Joint Venture | Leadership / Key Representative |
|---|---|---|
| Justice Family Group | Property Partner & Local Operations | Jill Justice, Director of Operations |
| Kennedy Lewis Investment Management | Capital Partner & Financial Platform | David Chene, Managing Partner |
| The Greenbrier Board of Directors | Corporate Governance & Oversight | Lloyd Nathan, Chairman |
Who will lead governance and operations under the new structure?
Lloyd Nathan takes charge as chairman of the board, bringing extensive background in gaming, hospitality, large-scale development, and real estate [1]. Nathan previously spent nearly a decade in executive roles at MGM Resorts International [1]. His appointment places an experienced gaming and resort operator at the head of the governing board [1].
Jill Justice continues in her role as director of operations for the Justice Family Group [1]. David Chene, managing partner at Kennedy Lewis Investment Management, confirmed that the platform intends to merge operational resources with the Justice family's existing footprint in the state [1].
How does the transaction affect casino and daily resort operations?
The Greenbrier remains fully open and operational throughout the transition [1]. The West Virginia Lottery Commission granted authorization for The Greenbrier to maintain casino operations while regulatory authorities review the joint venture details [1]. Resort officials confirmed they are actively collaborating with the commission as it evaluates the new ownership structure for final approval [1].
Daily guest activities, group meetings, corporate conferences, and weddings proceed as scheduled [1]. Existing room bookings and event contracts remain completely unaffected by the management and ownership updates [1].
What are the long-term investment priorities for the property?
The joint venture focuses on property maintenance, facility improvements, and preserving the resort's legacy as a major regional economic anchor [1]. Jill Justice explained that the transaction injects the capital strength necessary to protect the property's historic standing within West Virginia [1]. Nathan noted that capital deployment will emphasize upgrading facilities rather than altering the historic features that define the property [1].
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This article was written from the following reporting. Follow the links for the original coverage.
- [1]Kennedy Lewis and Justice Family Form JV for The Greenbrier— Hotel Business
Frequently asked
+Who is the new chairman of The Greenbrier?
Kennedy Lewis appointed Lloyd Nathan as chairman of The Greenbrier's board of directors. Nathan brings extensive background in gaming, hospitality, and real estate, including nearly a decade with MGM Resorts International.
+Will The Greenbrier casino remain open during the ownership change?
Yes. The West Virginia Lottery Commission authorized The Greenbrier to continue casino operations uninterrupted while completing its formal regulatory review of the joint venture transaction.
+Are guest bookings and scheduled conferences affected?
No. The property remains fully operational throughout the transition, with all existing room reservations, corporate conferences, meetings, and weddings continuing exactly as planned.
+What is the primary purpose of the joint venture?
The partnership between Kennedy Lewis and Justice Family Group provides long-term financial resources and expertise to upgrade resort facilities and preserve The Greenbrier's market position.
+Who represents the Justice family in the ongoing operations?
Jill Justice serves as the director of operations for the Justice Family Group, maintaining local leadership alongside the new board structure.
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