Block 216, home to Portland Ritz-Carlton, faces foreclosure threat
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Lender weighs foreclosure of Block 216 tower that houses Portland’s Ritz-Carlton
A lender is considering foreclosing on a more than $500 million construction loan backed by Block 216, the opulent home of ...
Willamette Week2d
How Walt Bowen’s Big Bet on a Ritz-Carlton Hotel and Condos Crapped Out
Bowen cashed in on the boom. He built a nine-story tower in the Pearl District and sold it for $87.5 million, setting a city ...
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Ritz-Carlton building in downtown Portland in trouble? Lender may foreclose, documents state
The Ritz-Carlton Hotel in downtown Portland may be in trouble and potentially facing foreclosure, financial records say.
Willamette Week9d
Murmurs: Lender Signals Repo of Ritz Tower
The lender to Block 216, Walter Bowen’s gleaming West End skyscraper, sounded an ominous note about the property in an ...
KGW88d
Block 216, home to Portland Ritz-Carlton, faces foreclosure threat
Downtown Portland's Block 216 tower, home of the Ritz-Carlton hotel ... RC), which acquired $503 million in debt on the 35-story building, said in a quarterly earnings call this week it was ...