Sculptor Capital Acquires 506-Room Portland Marriott Downtown Waterfront for $30MM in Distressed Sale

The landmark waterfront hotel at 1401 S.W. Naito Parkway traded at approximately $59,300 per room — a 64 percent discount from its $82.7 million sale in 2013 — after DiNapoli Capital Partners defaulted on a $71 million Bank of America loan and the property was placed into receivership. The Portland Marriott Downtown Waterfront, a 506-room […]