The Stanley Hotel Is Being Sold to an Arizona Non-Profit

An iconic fixture in Colorado could soon be sold to an Arizona non-profit. According to reports, The Stanley Hotel in Estes Park will be sold to Community Finance Corporation, which works with governments to build and maintain various real estate projects.

The Grand Heritage Hotel Group has owned the hotel since buying it out of bankruptcy in the '90s.

Now, there aren't a lot of other details regarding the sale outside of the Community Finance Corporation wanting to issue up to $475 million in bonds to purchase The Stanley Hotel, as well as pay off any existing debt, renovations, and more.

The Stanley Hotel is perhaps best known for being the inspiration behind Stephen King's horror classic The Shining.

*This is an ongoing story and will be updated as we learn more. Refresh for the latest!

Kristina Shriver

Director of Our Community Now. When not writing or reading, Kristina likes to dance like no one is watching and enjoys speaking in vague movie references/quotes, which only a select few in her circle truly understand. A huge nerd, she loves attending comic book conventions (in costume, of course!) and engaging in geek-fueled conversations with anyone who is willing to listen to her ramble. She also dedicates her spare time to supporting various mental health organizations.