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Home Finance Amaterra Hospitality Group Buys 85-Key RiverPlace Hotel for $11MM in Portland
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Amaterra Hospitality Group Buys 85-Key RiverPlace Hotel for $11MM in Portland

July 24, 20262 Mins read677
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A Portland wine group best known for its West Hills tasting room has made an unusual leap into hospitality, buying one of the city's most recognizable waterfront hotels for roughly $129,000 a key — a price that underscores just how far downtown Portland's hotel values have fallen since the pandemic. Amaterra Hospitality Group, parent of […]

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