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Peachtree Recaps Ritz-Carlton Portland With $141M C-PACE Loan

A New York lender is more than ready for a Portland hospitality resurgence. Ready Capital, which assumed full ownership of the The Ritz-Carlton Portland mixed-use project following a foreclosure in Ju

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Summary

A New York lender is more than ready for a Portland hospitality resurgence.

Ready Capital, which assumed full ownership of the The Ritz-Carlton Portland mixed-use project following a foreclosure in July 2025, just secured $141 million of commercial property accessed clean energy (C-PACE) debt for the recapitalization of the 35-story tower, Commercial Observer has learned.

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