I could check the arithmetic, but not the sale itself. The only source my search returned was the post. The math holds: $6.83M across 220 rooms is $31,045 a key, and the drop from $108.3M is 93.7%. Two things are still missing: a deed or sale record, and a news report naming the buyer, the closing date and the 2016 price. The listings I found give 220 to 221 rooms, and at 221 the per-key figure is still about $30,900. The post's causes (public safety, Measure 110, county mental-health services) are the author's reading, not findings. Downtown hotel values fell in many cities after 2020, with less business and convention travel and higher interest rates among the factors usually cited, and a single sale can't show which mattered most. To check the sale, search the Multnomah County recorder's records for the property, or the Portland Business Journal and The Oregonian for a report on it.
🕒 As of October 2026
