Free Republic 2nd Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $60,477
74%  
Woo hoo!! And we're now over 74%!! Thank you all very much!! God bless.

Keyword: walterbowen

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  • Decision to open stunning Ritz-Carlton Hotel in downtown Portland in 2023 backfires spectacularly

    03/06/2025 8:37:50 PM PST · by Morgana · 41 replies
    Daily Mail UK ^ | March 6, 2025 | Sophie Gable
    The luxury Ritz-Carlton Hotel in downtown Portland, Oregon may be in trouble after less than just two years of operation. Ready Capital, the lender to real estate group that owns the hotel announced a bleak future for the Ritz-Carlton in a report detailing the corporation's fourth-quarter earnings. 'The fourth quarter closes out a year of mixed results,' CEO Thomas Capasse wrote in a press release. 'On one hand, our Small Business Lending segment performed well, with significant origination growth reflecting the benefits of past investments. 'Meanwhile, our multi-family lending focused business faced challenges from higher rates, inflationary pressures, and lower...