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Business court grants receiver control of Cedars project

The stalled Cedars Lodge & Spa project is now in the hands of a receiver after a North Carolina Business Court judge on June 24 granted the primary lender’s motion for the appointment. [AMY B. MCCRAW/Hendersonville Lightning]

By Bill Moss, Published: July 1, 2026

A North Carolina Business Court judge last week quickly granted a request by the main lender of the Cedars Lodge & Spa development to force the stalled luxury condo project into receivership, giving a court-appointed overseer control over the assets and the future of the property.

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