Blog Posts

• In $46.5MM Transaction, Security Properties Places 267-Unit Lakewood Apartment Asset With Equity Partner

  

  Seattle-based Security Properties, a national multifamily developer and investor, has placed the 267-unit Beaumont Grand Apartment Complex in Lakewood, Wash., with an LLC related with the company. The transaction, which...

• Pearl District Office Building Sale Likely Shatters Portland's High-Water Deal Mark

  

  Seattle's Security Properties Development Company wasted little time in selling the office portion of its Heartline project in the Pearl District, unloading the five-story building just a year after vacation rental...

• Mile High Opportunity

  

  Untold Returns: Adventures in Impact Investing episode 3 travels to Northglenn, CO, once named, “the most perfectly planned community in North America,” by Life Magazine. A close suburb of Denver, Northglenn is...

• Security Properties Acquires Highlands At Red Hawk Apartment Community In Castle Rock, Colorado

  

  Security Properties purchased Highlands at Red Hawk, a 56-unit, Class-A, garden-style apartment community located in Castle Rock, CO for $16,500,000. Security Properties now owns 12 assets in Colorado totaling 2,393 units....

• Security Properties Acquires 182-Unit Sanctuary Apartment Community In Portland For $58.3 Million

  

  Security Properties and Tokyu Land US Corporation, a fully-integrated real estate investment and development firm, purchased Sanctuary, a 182-unit, Class-A, mid-rise apartment community located in Portland, OR for...

• New Owners Of Kennewick Apartments To Invest $19.8M To Overhaul 455 Units

  

  A massive remodel totaling $19.8 million in improvements is underway at the Heatherstone Apartments in Kennewick, where work will continue through late spring 2020. All 38 residential buildings will receive interior...

• 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...