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Lender weighs foreclosure of Block 216 tower that houses Portland’s Ritz-Carlton
Lender weighs foreclosure of Block 216 tower that houses Portland’s Ritz-Carlton
Lender weighs foreclosure of Block 216 tower that houses Portland’s Ritz-Carlton

Published on: 03/04/2025

This news was posted by Oregon Today News

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Description

A lender is considering taking ownership of the Portland Ritz-Carlton tower in downtown Portland.

A lender is considering foreclosing on a more than $500 million construction loan backed by Block 216, the opulent home of Portland’s Ritz-Carlton hotel.

News Source : https://www.oregonlive.com/business/2025/03/lender-weighs-foreclosure-of-block-216-tower-that-houses-portlands-ritz-carlton.html

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