March 4, 2022

Courtyard of Loveland wins 2 lawsuits by default

LOVELAND — The owners of The Courtyard of Loveland senior living facility have received a judgment, by default, in a case in which they alleged that a general partner and facility manager improperly diverted money from Courtyard operations to entities that the manager controlled.

Ownership of The Courtyard of Loveland Senior Living LP and The Courtyard of Loveland Leasing LLC filed two lawsuits in October 2021 in Denver District Court in which they said that a management company and a leasing company acted improperly to the detriment of the owners of the facility.

Sued were Grandtag Madison LLC, Cornerstone Longwood Leasing…

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Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
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