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Portland's Ritz Carlton disaster: $85 million underwater and sinking fast. Yet another example of liberal leadership watching as their crown jewel drowns in a sea of bad decisions. This video exposes how a luxury development meant to revitalize downtown Portland has become a financial catastrophe, with hundreds of millions in investment evaporating while gun-toting criminals and protesters run wild in the streets below.
We break down the $600 million construction cost versus the pathetic $425 million current valuation, the empty condos nobody wants, and the desperate lenders fighting over the scraps. Is anyone surprised that putting a Ritz Carlton in a city where Antifa and homelessness dictate downtown policy turned out to be a terrible investment?
By Sean Reynolds4.4
8787 ratings
Portland's Ritz Carlton disaster: $85 million underwater and sinking fast. Yet another example of liberal leadership watching as their crown jewel drowns in a sea of bad decisions. This video exposes how a luxury development meant to revitalize downtown Portland has become a financial catastrophe, with hundreds of millions in investment evaporating while gun-toting criminals and protesters run wild in the streets below.
We break down the $600 million construction cost versus the pathetic $425 million current valuation, the empty condos nobody wants, and the desperate lenders fighting over the scraps. Is anyone surprised that putting a Ritz Carlton in a city where Antifa and homelessness dictate downtown policy turned out to be a terrible investment?

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