Shanahan pal takes hit on coach’s digs

Former Broncos coach Mike Shanahan’s former Cherry Hills mansion sold last week for $7 million — a $10 million discount off the original asking price.
The Shanahans sold the six-bedroom, nine-bath 17,850-square-foot home at 20 Cherry Hills Park Drive in January 2007 for $16 million. The buyer was Cherry Hills LLC, headed by Steve Mooney, a Shanahan pal and a partner in the coach’s namesake restaurant in the Tech Center. Mooney’s group took the $9 million hit.
Mike and Peggy Shanahan originally sold the home to concentrate on building a 30,000-square-foot mega mansion not far from the old abode.
The Shanahans leased back the 20 Cherry Hills Park place and lived there while the new pad was being built.
The listing and selling agent was Sandy Weigand of the Kent-wood Co., who declined to talk about the sellers or the new buyers because of confidentiality agreements. She did say, however, that the Shanahans, who have a second home in Wash- ington, D.C., where Mike Shanahan now coaches the Redskins, have no intention of selling their new Cherry Hills digs.