Blog Posts
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Security Properties Acquires 432-Unit Arches At Hidden Creek Apartments In Chandler, Arizona
CHANDLER, AZ - Security Properties purchased Arches at Hidden Creek, a 432-unit multifamily property located in Chandler, AZ for $55 million. Security Properties now own five assets in the Phoenix marketplace. Arches...
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Security Properties Acquires Avanti Apartments
LAS VEGAS—Security Properties has purchased Avanti Apartments, a 414-unit, class A multifamily property located in Las Vegas for $57.5 million. It is the Seattle-based firm’s fourth purchase in the Las Vegas market....
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At $9,350 A Month, This Apartment Is Far From The Regionâs Most Expensive
Ten years ago the chatter in Seattle was about who had the most expensive condo. Today it's about who's got swankiest apartment. There's a new luxury entry on Seattle's First Hill with the re-opening of the Panorama,...
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Major Rehab Includes A Tiki Lounge For 1960s-Era First Hill Apartments
Security Properties has opened Panorama Apartments after a year-long renovation of the 18-story, 179-unit complex on First Hill. Security bought the 1962 building at 1100 University St. in September 2014. It paid...
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Security Properties Acquires Lakemont Multifamily
BELLEVUE, WA—Security Properties and Pacific Life Insurance Company have purchased Overlook at Lakemont, a 400-unit, class B multifamily property located here, for $118 million. The May 25 deal was Security Properties’...
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Security Properties Teamed With College On Nashville Apartment Buys; Gets Loan From Guardian Life
Security Properties, which paid $53.7 million for a pair of Nashville, Tenn., apartment properties, invested in them in a venture with Loma Linda University's endowment. The venture paid $34.4 million, or...
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REI To Move Headquarters To The Spring District In Bellevue
Recreational Equipment Inc. (REI) on Tuesday said it is moving its headquarters from Kent to Bellevue. The 77-year-old outdoor gear cooperative said it has signed a non-binding letter of intent to develop eight acres...
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UNDER CONSTRUCTION: PEARL BLOCK 136
Construction has begun on Pearl Block 136, which will be located on the site of the former PNCA Goodman building. The project consists of two buildings separated by a publicly accessible courtyard: a 5 story office...
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Security Properties And JLL Preserve Affordable Housing Property: The Team Secures $25 Million In New Bridge-To-Resyndication Financing
JLL Capital Markets officials announced the firm has secured a $25 million Freddie Mac Bridge-to-Resyndication loan for Security Properties to acquire and rehabilitate Heatherstone Apartments, an existing 455-unit...
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188-Unit DuPont Community Sold To Seattle Real Estate Firm
The Clock Tower Village in DuPont has sold to a Seattle real estate firm. Security Properties bought the 188-unit property for $30 million, the company announced Thursday. The community is near Joint Base Lewis...