O’Melveny Worldwide

O’Melveny Advises on the Restructuring and Sale of Portland’s Block 216 Tower

July 29, 2025

FOR IMMEDIATE RELEASE

NEW YORK—July 29, 2025—O’Melveny represented BDC/Washington St. Holdings, LLC in the restructuring and sale of Block 216 Tower, a mixed-use project in Portland, Oregon comprised of a 251-key Ritz-Carlton hotel, a 132-unit Ritz-Carlton Residences, 159,000 square-feet of Class-A office space, and 11,000 square-feet of retail space.
 
The O’Melveny team representing BDC/Washington St. Holdings, LLC was led by partners Julian Gurule, Malcolm Montgomery, Tim Evans, John Laco, Abby Rudzin, Peter Friedman, Alex Anderson, and Will Becker, senior counsel Diana Perez, counsel Kathryn Turner and Jordan Weber, and associates Tae Ha and Nicole Molner.

About O’Melveny

It’s more than what you do: it’s how you do it. Across sectors and borders, in board rooms and courtrooms, we measure our success by yours. And in our interactions, we commit to making your O’Melveny experience as satisfying as the outcomes we help you achieve. Our greatest accomplishment is ensuring that you never have to choose between premier lawyering and exceptional service. So, tell us. What do you want to achieve? Visit us at www.omm.com; learn more in our firm at-a-glance; and find us on LinkedIn, Facebook, Instagram, and YouTube.

Contact:

Brandon Jacobsen
O’Melveny & Myers LLP
+1 213 430 8024
bjacobsen@omm.com

# # #