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Trailhead Lodge LLC was the subject of foreclosure filing Thursday. The group owes Bank of America primarily, $41.7 million of the original $57.36 million.

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Foreclosure filed for Trailhead Lodge in Steamboat

Unpaid debt tops $41.7M for development near ski area

The office of the Routt County Public Trustee has confirmed that Bank of America has filed foreclosure proceedings on Trailhead Lodge, a luxury condominium project near the base of Steamboat Ski Area. The action affects the remaining 57 unsold luxury condominiums in Trailhead Lodge.

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