The owner of the Kemble Inn in Lenox, a Gilded Age mansion that had undergone recent renovations, has filed for bankruptcy, days ahead of a scheduled foreclosure auction. U.S. Bankruptcy Court Judge Elizabeth Katz scheduled an emergency hearing on the case for Thursday. EAGLE FILE PHOTO
LENOX â The historic Kemble Inn, a downtown Gilded Age landmark built in 1881 as a seasonal home, has filed for bankruptcy protection at the U.S. Bankruptcy Court, District of Massachusetts, in Worcester.
The legal action Monday by owner Scott Shorttâs company, the Frederick LLC, cancels a foreclosure auction for the property previously scheduled for Wednesday.
11th hour save for Kemble Inn? Vacation rental group eyes purchase as auction looms
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Historic Kemble Inn in Lenox set to be sold at auction
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LENOX â Another historic inn has changed hands, reflecting an upsurge of interest among potential purchasers buying into the bed-and-breakfast segment of the hospitality industry.
The 28-room, three-building Cornell Inn, a short distance from the downtown business center, has been sold by Tim and Nell McCaffery, owners since 2012, to Kurt Inderbitzen, who formed Cornell Inn Holdings LLC for the transaction.
First listed last February by The B&B Team, Inn Consultants LLC, a hospitality consultancy and brokerage firm based in Kennebunk, Maine, and other locations, the asking price was just under $2.6 million. The three buildings on the site date to the 18th and 19th centuries.