May 18, 2026
PORTLAND, OR - Guardian, a Pacific Northwest-based multifamily owner, operator and developer, has acquired Ladd Tower, a 23-story, 332-unit residential high-rise located at 1300 S.W. Park Avenue in Portland, Oregon. The deal was completed in partnership with PCCP for $63 million.
The Ladd Tower acquisition reflects Guardian's conviction in Portland’s urban core. With institutional capital broadly retreating from downtown markets, Guardian's continued confidence in high-quality, well-located urban housing positioned the firm to acquire this asset at a highly attractive basis.
Built in...