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 ...

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 ...

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 ...

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, ...

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 ...

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 ...