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Ladd Tower in Downtown Portland
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Ladd Tower

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In May 2026, Guardian acquired the Ladd Tower, a 23-story, 332-unit residential high-rise, with plans to implement an $8 million capital improvement program over the next three years.

Built in 2009 and LEED Gold certified, Ladd Tower includes more than 255,000 square feet of residential space and a full suite of amenities, positioning it competitively within the downtown high-rise segment. Nestled in the vibrant the South Park Blocks, the Ladd offers access to retail, dining, cultural institutions, and major employment centers.

Guardian plans to restore the value of the nearly 20-year-old building through a strategic capital improvement plan focused on modernizing the unit interiors and enhancing amenity spaces to align with evolving renter needs.

In The News

May 11, 2026|The Registry

Guardian and PCCP Acquire 332-Unit Ladd Tower for $63.3MM in Downtown Portland, 20% Below 2010 Trade

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May 11, 2026|Portland Business Journal

Guardian snags downtown Portland tower at 20% discount

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May 10, 2026|The Oregonian

Great Recession-era Portland tower sells for 20% less than in 2010

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Finance Partners

PCCP