Blog Posts

• Security Properties Acquires Tria Apartments in Newcastle, WA

  

  

  SEATTLE - On October 28, 2021, Security Properties purchased  Tria Apartments , a Class-A podium-style multifamily property located in Newcastle, WA for $26,750,000. Security Properties now owns 117 assets totaling approximately...

• Security Properties Buys Kent’s Midtown 64 Apartments for $141.1MM

  

  

  Security Properties has once again added to its already prolific Washington property portfolio. In a deal that closed yesterday, the firm purchased Kent’s Midtown 64 Apartments for $141.1 million, or about 386,575 per unit....

• Security Properties Recapitalizes Taluswood Apartments in Mountlake Terrace, WA with Intercontinental Real Estate Corporation

  

  

  n August 26, 2021 , a partnership between Security Properties and Intercontinental Real Estate Corporation ("Intercontinental") purchased Taluswood , a 512-unit multifamily property located in Mountlake Terrace, WA. The...

• Magnolia project on to new phase: DRB signs off on grocery, housing developmenas (as published in Queen Ann and Magnolia News)

  

  

  Developers for the proposed Magnolia grocery and condominium project can begin the next phase of the development after the neighborhood Design Review Board recommended the city issue the master use permit, last week. The...

• Oklahoma City multi-housing portfolio totaling 512 units sold

  

  

  OKLAHOMA CITY, May 18, 2021 – JLL Capital Markets announced today it closed the sale of a three-property portfolio totaling 512 units located throughout the Oklahoma City area in Oklahoma. JLL represented the seller,...

• Security Properties Named in NMHC's List of Top 50 Largest Apartment Owners

  

  

  Security Properties was again recognized by the National Multifamily Housing Council's (NMHC) 2021 NMHC Top 50, the annual ranking of the nation's largest apartment owners and managers. Security Properties rose in the...

• Security Properties Moves Forward with Designs for 138-Unit Magnolia Neighborhood Mixed-Use Project

  

  

  After seven months spent working through the early design review process, a new, mixed-use project in Seattle’s Magnolia neighborhood has received the green light from the West Design Review Board to move forward. At the end of...

• Security Properties, Rockwood Acquire 938-Unit Portfolio

  

  

  Security Properties and an affiliate of Rockwood Capital have expanded their Western U.S. footprint with the off-market acquisition of two assets in Oregon and one in Colorado totaling 938 units. The firms did not disclose...

• Security Properties Enters NMHC's List of Top 50 Largest Apartment Owners

  

  

  Security Properties was recognized by the National Multifamily Housing Council's (NMHC) 2020 NMHC Top 50, the annual ranking of the nation's largest apartment owners and managers. Security Properties ranked #44 largest...

• Security Properties Acquires Oregon Community

  

  

  Outlook at Pilot Butte, a Class A apartment community in Bend, Ore., has been purchased  by Security Properties and a university endowment for $52 million. The 205-unit property at the base of Bend landmark Pilot Butte is the...