Banking & Finance  August 24, 2020

Johnstown Comfort Suites hit with $6.4M foreclosure notice

JOHNSTOWN — The Comfort Inn and Suites in Johnstown is at risk of foreclosure after its lender said it was behind on its remaining loan of just under $6.4 million.

The hotel at 4851 Thompson Parkway. was originally issued a $6.72 million loan from FirstBank with 5.1% interest in March 2016, according to foreclosure documents. No other liens or claims have been made on the property, according to Larimer County records.

The property is owned by a subsidiary company of Fort Collins-based hotel builder and operator Spirit…

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