Seeing this really doesn’t surprise me considering the age of the tree, the impact of climate change and thousand cankers on walnut in our area, and the impacts (however minimal) that occured on this site. Another huge walnut that Kevin has been caring for near this site (I’ve pruned it twice) has similar issues at the base.
Also, nefarious deeds are not always done by tree owners and or developers but are sometimes done by others who seemingly have no stake in whether a tree lives or dies. Personally, if it were found to be poisoning, I would look upslope to see who’s view was blocked or gains the most view by the loss.
Sad to see another big one biting the dust in Portland. It seems that big old trees are having a tough go of staying standing in that city.