To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The owner of the Block 216 tower ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Ready Capital's CEO discussed ...
A lender who helped finance the Block 216 tower, home of Portland’s Ritz-Carlton hotel, alleges it’s being cut out of a deal to avoid a foreclosure on the property. Broadway EB-5 Fund loaned $49 ...
A new and prominent addition to the Portland skyline appears headed for sale. The high-end mixed-use Block 216, aka the Ritz-Carlton Tower, beset with challenges since its construction, has ...
This story comes from the Portland Business Journal, a KGW news partner. The full story is here. A lender has taken control of the downtown building that's home to Portland's Ritz-Carlton hotel. The ...
Barclay Grayson struck an insider deal to place himself in the very firmament of Portland’s cityscape. In August 2023, Grayson signed a contract to buy one of four penthouses on the 35th floor topping ...
Ready Capital holds a $400+ million construction loan secured by the Ritz-Carlton Portland and an adjacent office tower. The loan has not been impaired despite 70% vacancy in the office building, ...
The lender to Block 216, Walter Bowen’s gleaming West End skyscraper, sounded an ominous note about the property in an earnings report Monday. New York-based Ready Capital said the best strategy for ...