Ready Capital Lands $141MM C-PACE Loan for Portland’s Block 216 Ritz-Carlton Tower

The financing, arranged by Peachtree Group and described by the firm as its second-largest C-PACE deal to date, gives Ready Capital a long-dated, non-recourse tool to recapitalize a tower it took control of last summer after the original developer defaulted on more than $500 million in construction debt. Ready Capital has secured $141 million in […]