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Renovated Hotel in Bend, Oregon, Sold as Rural Demand Rises

Central Oregon Town Saw Population, Investor Interest Grow During Pandemic

The Riverhouse on the Deschutes, a hotel in Bend, Oregon, was sold in April for $59 million. (CoStar)
The Riverhouse on the Deschutes, a hotel in Bend, Oregon, was sold in April for $59 million. (CoStar)

A hotel in Bend, a picturesque boomtown in Central Oregon, has been sold as demand has increased and the town's population has grown as suburban and rural communities gained favor during the pandemic.

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