JACKSON, Wyo., Aug. 24, 2020 -- Waterton, a Chicago-based national real estate investor and operator, today announced it has completed the acquisition of the iconic Virginian Lodge and adjacent RV Park as part of a joint venture with Jackson, Wyoming-based Orion Companies. Built in the 1960s and located at 750 W. Broadway in downtown Jackson, the 170-key lodge will undergo a repositioning that will fill a need for a unique lifestyle experience in this adventure travel-oriented market. Planned renovations to rooms, amenities, common areas, retail spaces and food and beverage operations will begin late 2020.