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FinanceHospitalityIndustry NewsPortland

Portland’s Historic Hotel deLuxe Heads to Foreclosure as Appraisal Drops 66% to $16MM

Special servicer Rialto Capital Advisors has pushed the 130-room Hotel deLuxe in Portland's Goose Hollow neighborhood toward a foreclosure sale after a fresh...

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FinanceIndustry NewsResidential

Blackstone’s 432-Unit Ascent and Marlowe in Seattle’s South Lake Union Caught Up as $518MM Portfolio Loan Hits Special Servicing

Ascent South Lake Union and Marlowe, the 432-unit pair Blackstone bought for about $302.8 million in 2021, are now two of the last...

Portland, Vancouver, Marcus & Millichap, Damascus, Canby, Amazon, Pacific Northwest,
FinanceIndustry NewsPortlandResidential

Clackamas’ 234-Unit Townhomes with a View Lands in Special Servicing as Expenses Squeeze $24MM CMBS Loan

A $24.1 million CMBS loan on NBP Capital's 234-unit Townhomes with a View in Clackamas, Ore., has moved to special servicer Rialto Capital...

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CommercialFinanceIndustry NewsLeasingResidential

Rialto Weighs Housing Sale for 289,000 SQFT Former Frontier Office Campus in Everett

Rialto Capital weighs a housing sale for the former Frontier office campus in Everett after its value fell from $38.6MM to $9.3MM.

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FinanceIndustry NewsRetail

Olympia’s Capital Mall Among Five in $437MM Starwood Portfolio Back in Special Servicing

Capital Mall in Olympia is one of five regional malls backing a $436.9 million CMBS loan that tumbled back into special servicing on...

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