“The most difficult part of this journey is knowing that things could have turned out so differently,” The Pad’s founders say.
Lender forecloses on Silverthorne hostel after sale effort dropped
Silverthorne
Half-off sale of $20M Silverthorne hostel is halted after objections
Instead, The Pad will likely be sold through foreclosure next month.
Bankrupt Silverthorne hostel could be sold for less than construction cost
An investor from Steamboat Springs wants to buy The Pad, although a judge will have to sign off.
State says Silverthorne hostel The Pad should be foreclosed on
It isn’t paying its taxes and it can’t restructure, the Department of Revenue claims.
