Apr. 23 at 3:02 AM
$RC At time of Q4 earnings call, Ritz Carlton Portland, 25 condos were under contract or reservation. Since then 27 sales have closed for gross amount of
$31M at an average of
$1.17m each. Closed 8 in the last 14 days. As inventory shrinks demand should pick up. In addition, 3 condos that were in the name of the original developer have been transferred to RC REO. I show 94 left to be sold.
