$9.8M: Biscuit Run Sold to Virginia For 78% Less Than 2005 Price...But Story's Not Over

*Updated at bottom

The PR rep for Hunter Craig and Forest Lodge LLC stated,  “the investors will not come out whole and no one is getting a windfall,” after the announcement that the Commonwealth paid $9.8M for the property for which Forest Lodge LLC paid $46.2M in 2005, $36.4M or 78+% less.

However, the issue of tax credits, which may be sold, remains to be determined in the future.  From the