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Guardian snaps up downtown Portland apartment tower at steep discount

Multifamily operator teams with PCCP to buy Ladd Tower
The 23-story Ladd Tower near Park Blocks in downtown Portland just sold for over $63 million. (Guardian Real Estate)
The 23-story Ladd Tower near Park Blocks in downtown Portland just sold for over $63 million. (Guardian Real Estate)

Guardian Real Estate Services and national investor PCCP bought the 23-story Ladd Tower in downtown Portland, Oregon, for a more than 20% discount to its last sale price in 2010.

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