PORTLAND, ORE. — Waterton has acquired The Parker, a 177-unit community in Portland. The Parker rises six stories in the Pearl District, one mile north of Downtown Portland. The community offers one- and two-bedroom apartments, as well as amenities including an outdoor courtyard with grilling stations, a fitness center, a dog wash station, bike storage and a community room with a kitchen and business center. Waterton plans to renovate units with new backsplashes and flooring, lighting and plumbing fixtures, cabinets, shades and mirrors.

Waterton acquired The Parker in Portland, Ore. for an undisclosed price. Waterton plans to renovate units with new backsplashes and flooring, lighting and plumbing fixtures, cabinets, shades and mirrors.