Friday August 27, 2004
Type: 160 rooms & suites, full-service corporate/leisure hotel
Seller: Sunstone OP Properties, LLC
Buyer: REEMA Hotel, LLC
Lender: Graham National Bank
Specifics: Six-story upscale hotel. Centrally located withihn a half-hour of seven world-class ski resorts, five golf courses and Lake Dillon - a year round water recreation destination. Pioneer Sport Shop located onsite. F&B include Old Chicago Restaurant and The Summit CafeFeatures convention center, ballroom, fitness center, restaurant and bar. The hotel will undergo an approximately seven million dollar renovation and will retain the Crowne Plaza brand.