The Manor House, the historic center of Ken-Caryl, is in foreclosure, according to information provided by the Jefferson County public trustee.
Property owner T&T LLC, a rent-to-own business created in part by Michael Shinn, owes $1,234,081.11 on a $1.8 million loan it secured from Horizon Banks in March 2006. Shinn acquired the Manor House nearly two years ago with the initial intent to turn it into a headquarters for T&T LLC, which his sons now operate. However, the Manor House was ultimately restored to a high-end restaurant and event center, reopening in October 2006.
Larry Griewisch, founder of Jackson’s All-American Sports Grill, was first to operate the restaurant. He terminated that lease not long after, as it was contingent on improvements made to the Manor House, which was built in 1914 by ranch owner and newspaperman John Shaffer.
The restaurant continued operating after Griewisch’s departure. Shinn attempted to renovate the building, and even proposed an expansion along its west and north sides, which he said was necessary to remain competitive. Those proposals sparked a debate with the Ken-Caryl Ranch Master Association and several residents as to whether anyone should alter the building.
“If you’re going to keep it as a restaurant — which is what the community wants — you’ve got to make it viable,” Shinn said in a March 2007 interview.
T&T LLC placed the Manor House on the market in August 2007. Brokers Patrick Velasquez and Chris Pflueger with RE/MAX Alliance DTC established the website www.1manorhouseroad.com to show off the property to prospective buyers. Shinn bought the Manor House for $2.4 million in 2006.
Denver law firm Hatch Jacobs LLC filed an affidavit of outstanding principal balance due and owing on behalf of T&T LLC on Dec. 18. The public trustee information shows that legal notice will be published Jan. 17.