Blog Posts

• Inside The Deal: New Spring District Apartment Complex Sparks $150M Sale

  

  Sparc Apartments, the new five-building apartment complex in Bellevue's Spring District, traded hands Thursday for $150 million.  Sieg Fischer , a California businessman better known for publishing than real...

• Security Properties Acquires 420-Unit The Grove At City Center Apartment Community In Aurora, Colorado

  

  Security Properties and funds managed by Oaktree Capital Management purchased The Grove at City Center, a 420-unit, Class-B garden style property located in Aurora, CO. This was Security Properties' fourth joint...

• Security Properties Acquires 440-Unit Arbor Creek Apartments For $84.3 Million In Portland Market

  

  Security Properties purchased Arbor Creek, a 440-unit, Class-B garden-style community located in Beaverton, OR for $84,300,000. This is Security Properties' ninth asset in the Portland market. Sitting 25 minutes west...

• Security Properties Acquires 364-Unit Stoneridge Farms At The Hunt Club In Tennessee For $55 Million

  

  Security Properties and ReCap, a Reinsurance Group of America (RGA) company, purchased Stoneridge Farms at the Hunt Club, a 364-unit, Class-B+ garden-style community located in Gallatin, TN for $55,000,000. This is...

• Invesco Joins Seattle Companies On Ambitious Portland Development

  

  Global real estate investment manager Invesco Real Estate has been busy in the Pacific Northwest in recent years and has joined the Seattle team bringing a three-building development to the Portland's Goose Hollow...

• Security Properties Acquires Avalon Kirkland In Kirkland, WA

  

  On September 27, 2018, Security Properties and an affiliate of Rockwood Capital purchased Avalon Kirkland, a 131-unit multifamily property located in Kirkland, WA. The property was originally built in two phases in 1968...

• Security Properties And Pacific Life Acquire Spokane Affordable Housing Community

  

  On August 31, 2018, Security Properties and Pacific Life, in partnership with Hearthstone Housing Foundation, closed on the acquisition of Deer Run at Northpointe, a 222-unit affordable housing community located in...

• Security Properties Acquires Tessera At Orenco Station In Hillsboro, OR

  

  On September 5, 2018, Security Properties and Pacific Life Insurance Company purchased Tessera at Orenco Station, a 304-unit multifamily property built in 2014 and located in Hillsboro, OR for $85,000,000. Security...

• Security Properties Acquires 162-Unit Insignia Apartments In Puget Sound Market For $29.5 Million

  

  Security Properties and a university endowment purchased Insignia, a 162-unit, newly constructed multifamily asset located in Bremerton, WA for $29,500,000. Security Properties now owns 19 assets totaling over 4,000 units...

• Security Properties Acquires Seasons At Farmington In Bend, OR

  

  On July 16, 2018 , Security Properties and a university endowment purchased Seasons at Farmington , a 228-unit, Class-A multifamily community located in Bend, OR for $45,500,000 . This is Security Properties' first...