<body><div><figure><img src="https://img.particlenews.com/image.php?type=thumbnail_580x000&amp;url=0pAjjD_16XwHKBj00" alt="https://img.particlenews.com/image.php?url=0pAjjD_16XwHKBj00" width="605" height="917" ><figcaption>Sen. Kerry Roberts</figcaption></figure>As part of a years-long dispute over a million-dollar loan with a Knoxville-based bank, State Sen. Kerry Roberts (R-Springfield) was ordered by a judge last month to give up his historic home in Robertson County to creditors.The ruling was issued by Sumner County General Sessions Judge Kee Bryant-McCormick, who oversaw the case between Roberts and Apex Bank, due to local recusals in Robertson County.The ruling was issued in a writ of possession hearing, a court proceeding within the eviction process, where a judge decides whether to issue an order to remove a tenant from a property.Roberts has repeatedly alleged in court that Apex was a “predatory lender” that has engaged in fraud and wrongful foreclosure in the past and sought to seize his property rather than facilitate the loan. The bank has denied it was engaged in any sort of predatory lending.“I do feel like the Robertses were taken advantage of, I do,” Judge Bryant-McCormick said in her ruling from the bench. “But it’s not illegal.”“The unfortunate thing is, is it right? No. Does it feel fair? No. Do I feel that Apex took advantage and found the loophole and closed in on it? I do,” she said. “I don’t feel good about it. I don’t like it at all.”According to previous reporting from The Tennessee Journal, Roberts, along with his wife Diane, took out a $4.56 million loan in 2022 from Apex Bank, using their home and connecting Airbnb as collateral, to transform part of their property they planned to use as an event and wedding venue called Historic Beeches.While the loan originally had a maturity date of October 2027, Apex modified the loan in 2023 to move the maturity date up to January 2024, before extensions to May of that year.Roberts claimed the requests for extensions were due to a slow disbursement of funds from the bank that caused delays in the venue’s construction, which was ultimately completed by summer of 2024.In June 2024, the bank declared the loan in default and Roberts filed for Chapter 11 bankruptcy in federal court.In an April 2025 hearing in Robertson County Chancery Court, Roberts attempted to postpone the foreclosure, arguing that the sale notice violated local publication laws. Although Robertson County Chancellor Ben Dean initially granted a temporary injunction at the April hearing, he would later dismiss the case after both sides agreed to a nonsuit.The property was ultimately foreclosed in May of this year. The same month, Apex extended an offer to a third party for $5 million.Roberts plans to appeal the writ of possession and also plans to file a lawsuit in circuit court in the upcoming weeks to challenge the detainer.Roberts has been a member of the Tennessee Senate since 2011, representing the 23rd district, which includes Robertson County.This is a developing story. The Connection will continue to provide any updates on this case as they are made available.</div></body>

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As part of a years-long dispute over a million-dollar loan with a Knoxville-based bank, State Sen. Kerry Roberts (R-Springfield) was ordered by a judge last month to give up his historic home in Robertson County to creditors. The ruling was issued by Sumner County General Sessions Judge Kee Bryant-McCormick, who...

Roberts ordered to vacate Springfield home after foreclosure

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As part of a years-long dispute over a million-dollar loan with a Knoxville-based bank, State Sen. Kerry Roberts (R-Springfield) was ordered by a judge las

Roberts ordered to vacate Springfield home after foreclosure

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