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

from News For Reasonable People · host Sean Reynolds

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.

Episode metadata supplied by the publisher feed · Published Aug 2, 2025

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

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