Owner of Spirit Hospitality-developed Thornton hotel files for bankruptcy

THORNTON and FORT COLLINS — Owners of the Hilton Garden Inn in Thornton have filed for Chapter 11 bankruptcy protection, a week after another hotel managed by Fort Collins hotel developer and operator Spirit Hospitality LLC filed for bankruptcy protections.

In documents filed with the U.S. Bankruptcy Court for the District of Colorado Tuesday, the Fort Collins-based Spirit declared between $10 million and $50 million in both assets and liabilities, but does not fully list those two out or provide specific totals.

The majority of the 20 largest creditors for the bankruptcy are listed as construction…