Hospitality & Tourism  February 16, 2023

Best Western in Loveland sold for less than seller paid

LOVELAND — The Best Western Plus Loveland Inn, at one time known as the Coach House Resort at U.S. Highway 34 and Interstate 25, has sold for less than the previous owner paid for it 10 years ago.

Larimer County property records show that Bucephalus LLC sold the property on Feb. 1 for $7.5 million. Bucephalus bought the hotel in 2013 for $9 million.

The buyer was a company called Ouro Loveland LLC, which lists an address of 818 Scott Blvd., Santa Clara, California. That’s a residential address for Kartiki Parekh, who according to her LinkedIn profile worked most recently in the…

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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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