The $500 million dream behind Portland’s most luxurious tower has hit a major roadblock. The 35-story Block 216, home to the Ritz-Carlton Portland, has been surrendered to lender Ready Capital amid slow condo sales, weak office leasing, and financial strain.

The $500 million dream behind Portland’s most luxurious tower has hit a major roadblock. The 35-story Block 216, home to the Ritz-Carlton Portland, has been surrendered to lender Ready Capital amid slow condo sales, weak office leasing, and financial strain.

The $500 million dream behind Portland’s most luxurious tower has hit a major roadblock. The 35-story Block 216, home to the Ritz-Carlton Portland, has been surrendered to lender Ready Capital amid slow condo sales, weak office leasing, and financial strain.

Ritz-Carlton Portland Surrendered to Lender | $500M Block 216 Deal Unravels

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Dedicated to providing Alternative News and Unbiased Reporting for those tired of the mainstream media. Our Real Stories, Live Coverage, and Pressing News cover topics from social unrest to true crime. We feature Documentary Pieces and In-Depth Interviews that the media avoids, embracing Citizen Journalism and highlighting under-reported events. Tune in to our channel for daily updates on the most pressing news, and become a part of our growing community that values truth and transparency. Don't forget to subscribe and hit the notification bell to never miss an episode!

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Ritz-Carlton Portland Surrendered to Lender | $500M Block 216 Deal Unravels

Ritz-Carlton Portland Surrendered to Lender | $500M Block 216 Deal Unravels

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