Prosper Portland Considers Taking Back Two Old Town Buildings via Deed-in-Lieu of Foreclosure After $7MM Loan Default

The city's economic development agency expects to assume control of 208 and 234 NW Fifth Avenue this week, ending a controversial 14-month bet on an ambitious 323,000-square-foot footwear and apparel manufacturing campus that fell short of its funding objectives despite signed leases from global brands. Prosper Portland's board is scheduled to vote Wednesday on a […]