PORTLAND, Ore. — This story comes from the Portland Business Journal, a KGW News partner. Find the original story here.
A distressed waterfront hotel in downtown Portland sold for $30 million.
The Portland Marriott Downtown Waterfront hotel at 1401 S.W. Naito Pkwy. was purchased by Portland Waterfront Hotel Acquisition LLC, an entity that appears to be tied to New York-based asset manager Sculptor, per public records…