ASPEN REAL ESTATE – The 90-room Sky Hotel near the base of Aspen Mountain is for sale.The Sky’s Washington, D.C.-based ownership group, Northridge Capital, bought the property in March 2001 for $14.1 million, according to Pitkin County records. There’s no particular reason it’s trying to sell, said Sky executives.The hotel is not having financial challenges nor is the attempted sales a result of tough economic times, said Sky General Manager Corey Enlowe, who added that the owners have held the hotel longer than they normally would a real estate asset.There is no list price on the Sky, said Enlowe. “They’re just doing a call for offers.”The Pitkin County assessor currently values the property at $30.5 million.Eastdil Secured, a real estate investment banking company, is handling the sales effort. Enlowe said the property is being marketed through the company’s internal network. A call to Eastdil wasn’t returned on Monday.
By Catherine Lutz, July 2, 2010 Aspen Daily News

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