Blog Posts

• Security Properties Announces Transition of Bob Krokower to Vice Chair of the Board

  

  

  Security Properties, a leading real estate investment and development firm, is pleased to announce the transition of Bob Krokower from his role as CEO and CFO to Vice Chair of the Board. This strategic move ensures stability and...

• St. Luke’s Episcopal Church’s Proposal for 206-Unit Residential Development in Seattle Gains Approval in Design Review

  

  

  A church in Seattle has hopes to bring more housing to the city’s Ballard neighborhood, and after gaining approval from the Northwest Design Review Board during a recent recommendation meeting, it’s even closer to that goal. The...

• Security Properties Closes its Sixth Co-GP Multifamily Real Estate Fund

  

  

    Security Properties completed its final Capital Call for Security Properties Multifamily Fund VI (“Fund VI”), a $200 million moderately leveraged, geographically diversified private equity real estate fund that...

• Security Properties Acquires Hickory Hollow Towers in Antioch, TN and Colony Square Apartments in Smyrna, TN

  

  

  Security Properties and Enterprise Community Investment partnered to acquire Hickory Hollow Towers and Colony Square Apartments on January 31st, 2023. This acquisition marks the 10th and 11th joint venture between Security and...

• Multifamily Leadership Recognizes the Best Places to Work in Multifamily® for Women

  

  

  Multifamily Leadership  is thrilled to announce the national ranking of the Best Places to Work Multifamily® for Women. This list recognizes organizations that have created positive and supportive cultures for women and have...

• Security Properties Acquires Brightleaf at Lakeline in Austin, TX

  

  

  Security Properties purchased Brightleaf at Lakeline, a Class-A multifamily property located in Austin, TX in an off-market transaction. Security Properties now owns 112 assets totaling approximately 23,000 units across its...

• Seattle team starts construction on 24-story Portland development

  

  

  Construction has begun on the mixed-use portion of the Press Blocks development in Portland's Goose Hollow neighborhood, bringing new shape to the former Oregonian printing and distribution site near Providence Park....

• Security Properties Acquires Toscana Apartment Homes in Lacey, WA

  

  

  On October 25, 2022, Security Properties purchased Toscana Apartment Homes , a Class-A multifamily property located in Lacey, WA. Security Properties now owns 31 assets totaling over 6,800 units in the Puget Sound marketplace....

• Security Properties Acquires 624 Yale in Seattle, WA

  

  

  SEATTLE - On October 21, 2022, a joint venture between Security Properties and STARS REI purchased 624 Yale , a trophy type-one midrise style multifamily property located in Seattle’s South Lake Union neighborhood for...

• Security Properties buys affordable apartments in Citrus Heights, Sacramento for $50 million

  

  

  A multifamily investment company out of Seattle has scooped up two affordable housing properties locally, paying nearly $50 million combined. According to records, Security Properties bought the Arborelle Apartments in Citrus...