New York and L.A. investors buy Portland waterfront hotel

A hotel on the downtown Portland waterfront that tumbled into financial tumult has sold for $30.1 million, less than half its prior sale price.

The Portland Marriott Downtown Waterfront sold last month to New York City-based Sculptor Capital Management and Los Angeles-based Tamarack Capital Partners.

Representatives from Sculptor and Tamarack declined to comment Monday…

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