Blog Posts
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Security Properties Buys Bothell Complex For $26M
The 124-unit Bordeaux Apartments at 16520 North Rd. sold for $26 million. The sale was recorded last week in Snohomish County records. Jeff Williams and Tim Brown of Moran & Co. arranged the deal. The sellers were...
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Sparc Opening Marks Arrival Of Bellevueâs Spring District
Security Properties today celebrated the opening of Sparc Apartments in Bellevue’s Spring District. Sparc will be the first project to open in Bellevue’s emerging Spring District neighborhood. Sparc consists of five...
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Security Properties Buys Bordeaux Apartments In Bothell For $26M
BOTHELL, WASH. — Security Properties has purchased the 124-unit Bordeaux Apartments in Bothell for $26 million. The community is located at 16520 North Road. Bordeaux Apartments has access to all three of the region’s...
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Top 10 Companies Completing Acquisitions In 2016
Company Info: SECURITY PROPERTIES 701 Fifth Ave., Suite 5700; Seattle, WA 98104 (206) 622-9900 www.securityproperties.com Security Properties specializes in the acquisition of senior and family...
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Security Properties To Rehab Illinois Community
The Seattle-based company closed on University Village, a 534-unit affordable housing development in DeKalb, Ill. The new owner will renovate the property, which will maintain its affordable status for at least the next 15...
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Accelerating Demand, Deliveries Set The Tone For Nashvilleâs Apartment Market
The Nashville multifamily market’s roll continued through the end of 2016 with nearly 6,400 units absorbed, a 10 percent increase compared to 2015, according to Axiometrics. This demand was fueled by steady employment...
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Security Properties Set To Rehab Illinois Development
University Village, a large affordable housing development in DeKalb, Ill., will undergo a major rehabilitation after being recapitalized by Security Properties. The development is a key source of affordable housing in...
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Security Properties Acquires Affordable Las Vegas Asset For $27M
The portfolio offers two adjacent properties—Sunrise Palms, comprises 122 units of senior living, and Orchard Club, which provides 220 units of low-income housing. Security Properties purchased Orchard Club, an...
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SPARC Apartments Opens At Bellevueâs Innovative Spring District
Bellevue’s emerging Spring District is pioneering exciting changes on the eastside. Leading that charge is Sparc Apartments, a 309-unit, five-building community that opened its doors in February 2017. The Spring District...
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News Blogs Webcasts Press Releases Directory Videos Events Apartments Security Properties Acquires 267-Unit Apartment Community For $35.2 Million In Lakewood, Washington
SEATTLE, WA - Security Properties purchased Beaumont Grand, a 267-unit, Class B multifamily property located in Lakewood, WA for $35,200,000. The property was originally developed in 1995 and consists of 23 two and three...