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Cheyenne Mountain Resort sold to former cardiologist



Cheyenne Mountain Resort, a 316-room resort that covers more than 17 acres at 3225 Broadmoor Valley Road, was sold on Sept. 21 to a former cardiologist, Kiran Patel, who has built an empire of hotels and other real estate after investing in health plans, the Gazette reported.

No sales price was disclosed, but the El Paso County Assessor's Office website values the resort, which opened in 1984, at $26.2 million. The facility will be operated by Dolce Hotel and Resort, a division of Wyndham Hotel Group.

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