The Business Journals

Block 216 lender alleges it was cut out of discussion over Portland tower's ownership

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min A lender that funded the ...
Oregonian

Lender sues over Block 216 transfer deal to avoid foreclosure

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 ...
Hosted on MSN

Ritz-Carlton's Portland building taken over by its lender

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 ...
The Business Journals

Block 216, home to Portland Ritz-Carlton, faces foreclosure threat

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 ...
Hosted on MSN

Portland’s newest skyscraper, home to Ritz-Carlton, turned over to lender

A 35-story high-rise that brought the storied Ritz-Carlton brand to Portland has gone back to the lender. Ready Capital announced the long-expected transfer Tuesday evening, saying it had taken ...
Oregonian

Insider deal for Portland Ritz-Carlton penthouse prompts infighting — and a lawsuit

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 ...
Willamette Week

Lender to Ritz-Carlton Tower Says Foreclosure Best Option for $503 Million Loan

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 ...