Recent sale of the dirt underneath Rae’s is confused in wild gossip that Rae’s Lakeview Lounge is for sale
Despite far-reaching rumor and misinformation, Rae’s Lakeview Lounge is not selling or closing up after four and a half years. Halfway through a brutal winter, Rae’s received the surprise information that their Arizona-based landlord was selling off several of their properties and that the Rae’s real estate was among them. A few weeks ago, the NW property was sold to a local Portland partnership, along with the rock-solid lease that Rae’s continues to maintain, including renewal options for years to come.
“The previous property owner had nothing to do with our business ownership or operation, and neither does the new one,” said owner/chef Todd Morey, creator of Rae’s food, drink, style and approach. “The property sale was advertised heavily online and through social media, and we think perception became entangled with hearsay. Even our own staff freaked out for a minute. Now, weeks after gaining a new, better landlord, weird rumors are still circulating. It’s been super distracting”
In contrast to being closed, Rae’s just unveiled in April a new seasonal dinner menu, relying on their Northwest comfort food standards and bulking up their locally famous burger selection in the nighttime hours, like the new Burger Asado with roasted red pepper and Chimichurri. During the Springtime months, Pasta Riviera and Duck Confit grace the dinner menu every night until 9pm, as well as their renowned French Dip and Rae’s Reuben.
Rae’s continues to be an iconic Northwest Portland brunch destination each weekend, still pouring $1 mimosas to the thirsty masses, and is currently nominated in two of Willamette Week’s ‘Best of Portland’ categories: Best Mimosa and Best Bloody Mary in Portland. Rae’s will be open for brunch during the upcoming Memorial Day Monday from 9am to 2pm, rain or shine.