Prosper Portland
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,...
Prosper Portland Launches $800K Grant Program to Fill Vacant Storefronts as Vacancy Nears 40%
Facing a combined 39 percent vacancy rate across its central city, Portland is offering matching grants of up to $100,000 to grocery stores,...
6.44-Acre Gateway Development Site in Portland Listed for $19.99MM
SVN Imbrie is marketing the 31-parcel, shovel-ready assemblage with completed street infrastructure and zoning for buildings up to 120 feet tall, pitching it...
James Beard Public Market Secures Construction Permit for 2027 Portland Opening
A construction permit from the City of Portland clears the James Beard Public Market to enter its next building phase, advancing a $35...
Portland Committee Advances 3,000-Seat Broadway Venue at PSU, Backs Keller Auditorium Downsizing
A divided Portland City Council committee voted Tuesday to advance a $137.5 million plan for a new Broadway venue at Portland State University...
Mortenson’s Portland Chief Presses Case for Public-Private Deals as $573MM Moda Center Package Stalls
Mortenson Vice President and General Manager Mike Clifford, whose firm built two of the region’s marquee public-private projects, argued in a Portland Business...
Alaska Airlines Breaks Ground on $150MM, 185,000-SQFT Maintenance Hangar at Portland International Airport
Alaska Airlines has started construction on a $150 million aircraft maintenance hangar at Portland International Airport, the carrier’s largest signal yet that it...
PSU Selects Colas Development Group for $70MM Hotel, Conference Center in Downtown Portland
A privately financed 150-key hotel and conference center anchors the commercial bet on PSU’s Performing Arts + Culture Center as the project’s fate...
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...
Oregon’s Retail Sector Bleeds Jobs at Five Times the National Rate as Portland’s Urban Core Falters
State retail employment has cratered nearly 6 percent since 2019 while the rest of the country barely flinched, exposing a localized contraction that...
WellQuest Living Acquires 293-Unit Russellville Park Senior Community in Portland for $81.28MM
The Salt Lake City-based senior living operator expands into the Pacific Northwest with the purchase of a full-continuum retirement community from Portland developer...
Portland City Council Explores Vacancy Fee on Landlords as Downtown Struggles With Record-High Empty Space
Councilors have commissioned a $62,520 study to explore how a long-term vacancy fee might be structured The Portland City Council is exploring whether...
