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PORTLAND-Local developer Paul Brenneke and the main lender on his Avalon Hotel & Spa property are negotiating an extension of the first mortgage loan on the property, the main piece of a reorganization plan that Brenneke must file with the US Bankruptcy Court in early August en route to a hearing in late September.
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May 12, 2026
However, leasing dropped by eight percent.
May 12, 2026
Debt funds and mortgage REITs take the majority share while banks and CMBS pull back.
May 12, 2026
GlobeSt. will recognize those that drive the sector's performance as the 2026 Influencers in Industrial. Nominate a candidate before the submission deadline on May 27!