Sunnyside Supper Club opened at 2915 W. 44th Ave. in Denver in late 2021. (Google Maps)
A Sunnyside restaurant has shuttered and its building is in foreclosure.
Sunnyside Supper Club, which opened at 2915 W. 44th Ave. in December 2021, closed for good last month. And on Oct. 22, a lender filed to foreclose on its roughly 5,700-square-foot structure, records show.
The property is owned by an entity affiliated with Mighty Hospitality Group, the restaurant group formed by Brendan McManus and James Samara that operated Sunnyside Supper Club.
They bought the building in October 2021 for $3.1 million, records show. And they financed the deal with a $2.55 million loan from Flatirons Bank, which has locations in Boulder and Longmont.
The loan agreement called for it to be paid off in full one year later, but that didn’t happen. The maturity date was later pushed back to this March. But in filing for foreclosure last month, Flatirons Bank said it is still owed all $2.55 million in principal on the 2021 loan.
Mighty Hospitality has been trying to sell the property. It listed it in January, asking nearly $400,000 less than it paid. The price has since dropped to $2.5 million.
NAI Shames Makovsky broker Dorit Fischer, who is marketing the building alongside colleague Hayden Hirschfeld, noted it was renovated in 2019 and has parking.
“It’s gorgeous,” Fischer told BusinessDen. “It’s really in beautiful condition, and it’s a great neighborhood.”
McManus and Samara didn’t respond to requests for comment on Tuesday.
Sunnyside Supper Club served pizza and a handful of entrees, such as chicken parm and a house-made rigatoni, with most prices around $20. Before Mighty Hospitality bought the building, it was home to Ernie’s Pizza & Bar and the short-lived Earnest Hall.
Mighty Hospitality Group also operates Lucky Pie Pizza & Taphouse in Louisville, Sunnyside Mexican restaurant El Jefe and The Mighty Burger in Arvada.
Attorney Lisa Shimel of Otteson Shapiro is representing the lender.
Sunnyside Supper Club opened at 2915 W. 44th Ave. in Denver in late 2021. (Google Maps)
A Sunnyside restaurant has shuttered and its building is in foreclosure.
Sunnyside Supper Club, which opened at 2915 W. 44th Ave. in December 2021, closed for good last month. And on Oct. 22, a lender filed to foreclose on its roughly 5,700-square-foot structure, records show.
The property is owned by an entity affiliated with Mighty Hospitality Group, the restaurant group formed by Brendan McManus and James Samara that operated Sunnyside Supper Club.
They bought the building in October 2021 for $3.1 million, records show. And they financed the deal with a $2.55 million loan from Flatirons Bank, which has locations in Boulder and Longmont.
The loan agreement called for it to be paid off in full one year later, but that didn’t happen. The maturity date was later pushed back to this March. But in filing for foreclosure last month, Flatirons Bank said it is still owed all $2.55 million in principal on the 2021 loan.
Mighty Hospitality has been trying to sell the property. It listed it in January, asking nearly $400,000 less than it paid. The price has since dropped to $2.5 million.
NAI Shames Makovsky broker Dorit Fischer, who is marketing the building alongside colleague Hayden Hirschfeld, noted it was renovated in 2019 and has parking.
“It’s gorgeous,” Fischer told BusinessDen. “It’s really in beautiful condition, and it’s a great neighborhood.”
McManus and Samara didn’t respond to requests for comment on Tuesday.
Sunnyside Supper Club served pizza and a handful of entrees, such as chicken parm and a house-made rigatoni, with most prices around $20. Before Mighty Hospitality bought the building, it was home to Ernie’s Pizza & Bar and the short-lived Earnest Hall.
Mighty Hospitality Group also operates Lucky Pie Pizza & Taphouse in Louisville, Sunnyside Mexican restaurant El Jefe and The Mighty Burger in Arvada.
Attorney Lisa Shimel of Otteson Shapiro is representing the lender.
