Blog Posts
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Mission Unaffordable: Here's Why Housing In Seattle Will Stay Out-Of-Reach
From his downtown Seattle office, Stephen Whyte runs 93 low-income housing complexes across the nation. Whyte should be a key player in solving what Seattle Mayor Ed Murray calls “our worst housing affordability crisis...
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DEAL OF THE DAY: Location Proves Key In Latest Security Properties Buy
Henderson, Nev.—A 2007-built Class A asset in Henderson, Nev., has changed hands. Seattle-based Security Properties grabbed Verona Apartment Homes for $40 million. The 275-unit purchase represents the firm’s second...
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Bellevue's Mega Spring District Lands Microsoft/UW Venture GIX As First Major Tenant
Among the biggest winners of the decision to site the Global Innovation Exchange, or GIX, in Bellevue are two Seattle firms: Wright Runstad & Co., and Security Properties. Wright Runstad, in conjunction with...
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Concentrated Construction: Two Big Projects Are Rising On Same Denny Triangle Block
There’s no shortage of places in the Puget Sound region where extraordinary amounts of construction are occurring, but one block in the Denny Triangle area of downtown Seattle is particularly busy. Construction started...
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Spring District Apartments Starting
Security Properties broke ground this week on its first two apartment buildings in the 36-acre Spring District in Bellevue. They will have a total of 79 units, and should open late next year or in early 2017....
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What If They Built A 40-Story Tower In Seattle And No One Noticed?
Security Properties this spring started construction of a downtown Seattle high-rise with no hoopla, but unlike the quiet launch the uniquely shaped building itself will stand out on the skyline. The 40-story apartment...
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CFO Of The Year: Bob Krokower Manages The Risk In Real Estate At Security
Bob Krokower not only knows numbers, he knows people, too. These traits have earned the CFO of Security Properties, a Seattle-based national investor and developer of apartments, high praise from his colleagues....
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Security Properties CFO Wins 2015 CFO Of The Year
The Puget Sound Business Journal's CFO of the Year Awards are presented to financial professionals in Washington for outstanding performance in their roles as corporate financial stewards. See below for a list of 2015...
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Security Properties Finds TOD Value Along D.C.âS Silver Line Expansion
Ashburn, Va.—Security Properties has completed its first acquisition in the Northern Virginia/Washington D.C. area with the purchase of The Grove at Flynn’s Crossing. A location three blocks from the Metrorail’s Silver...
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Design Perspectives: Angeline Apartments Will Feed Columbia City
Columbia City has a long history, but it has waited a long time for Angeline. Now a big package of sorely needed urban goods is being delivered, on a very tough site. Security Properties is developing the mixed-use...