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RE: LeoThread 2025-11-11 03-09

in LeoFinance6 days ago

Part 3/10:

CEO Jeff Swickard, known for his background in telecommunications and automotive industries, purchased the building outright with cash. He views this deal as part of a larger strategy to revive Portland’s downtown, aiming to bring back the city's former energy, creativity, and optimism. The city’s leadership, including Mayor Keith Wila, welcomed the sale, hailing it as a positive sign and a sign of renewed commitment to downtown revitalization.

The Reality of Market Conditions: Vacancy and Value Woes