Blog Posts

• Oct 25, 2022

  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...

• Oct 17, 2022

  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...

• Oct 12, 2022

  Security Properties Sells 347-Unit One Jefferson in Lake Oswego for $124MM

  

  

  CBRE arranged the sale of One Jefferson, a 347-unit multifamily community in Lake Oswego, Ore., to an undisclosed buyer for $124 million ($357,348 per unit). CBRE’s Josh McDonald, Joe Nydahl and Phil Oester represented the...

• Oct 04, 2022

  Carter-Haston Buys $176M, Three-Property Nashville Multifamily Portfolio

  

  

  Nashville, TN-based Carter-Haston has purchased three multifamily properties in the Nashville area for an aggregate price of $175.6 million. Russ Oldham, Brett Kingman and Robbie O’Bryan of Walker & Dunlop enabled the sale of the...

• Sep 27, 2022

  Security Properties Acquires Monte Vista Senior Apartments in San Jose, CA

  

  

    Security Properties has teamed with Pacific Life Insurance Company and Hearthstone Housing Foundation to acquire Monte Vista Senior Apartments, a 118-unit apartment community located in San Jose, CA. The acquisition was...

• Sep 19, 2022

  CBRE Brokers $48.5M Sale of Bremerton Insignia Apartments

  

  

  CBRE’s Pacific Northwest-based multifamily real estate team of Eli Hanacek, Jon Hallgrimson, Mark Washington and Kyle Yamamoto has represented Security Properties in the sale of the Insignia Apartments in Bremerton, WA. The...

• Sep 16, 2022

  West End Park apartment buildings sell for $61.5M

  

  

  Nashville-based Carter-Haston pays $282.11 per unit for Duet on 31st Avenue after Music Row deal Nashville-based real estate firm Carter-Haston has paid $61.5 million for the two-building, West End corridor-located Duet...

• Aug 04, 2022

  Security Properties Acquires Sienna Pointe in Bend, OR

  

  

  Security Properties purchased Sienna Pointe, a 168-unit, Class-B multifamily community located in Bend, OR for $49,500,000. This is Security Properties’ fifth acquisition in the Bend market. Sienna Pointe is conveniently...

• Jul 21, 2022

  Security Properties Acquires Littleton, CO Summit Riverside Apartments

  

  

  Security Properties and Tokyu Land US Corporation purchased Summit Riverside, a multifamily property located in Littleton, CO for $78,500,000. Security Properties now owns five market-rate assets totaling over 1,500 units in...

• Jun 30, 2022

  Security Properties’ Latest Acquisition Hits Home

  

  

  Security Properties has acquired a 99-unit multifamily housing development that holds special meaning for one of its executives. Bryon Gongaware, managing director of affordable housing at the company, lived at the Mt. Vernon...