Blog Posts

• 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...

• 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...

• 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...

• 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...

• 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...

• 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...

• Former Resident Acquires Mt. Vernon Apartments in Spokane, WA

  

  

  Security Properties is pleased to announce the acquisition of Mt. Vernon Terrace Apartments on June 21, 2022.  Built in 1973, Mt. Vernon consists of 99 units, of which 74 benefit from a property-based housing assistance...

• Security Properties Finances Seattle High-Rise Development

  

  

  Cushman & Wakefield helped the company obtain $193 million in debt and joint venture equity for The Confidential. Construction is moving forward on The Confidential, a 29-story, 212-unit, 374,000-square-foot mixed-use...

• Security Properties Acquires Tualatin, OR River Ridge Apartments

  

  

  SEATTLE - On June 9, 2022, Security Properties purchased River Ridge , a Class A multifamily property located in Tualatin, OR for $70,000,000. Security Properties now owns 11 assets totaling over 2,800 units in the Greater...

• Security Properties welcomes The Matador to Peloton Apartments

  

  

  The Matador Is Opening Its Third Restaurant in the Boise-Eliot Neighborhood The restaurant will have a robust tequila and mezcal collection with top-shelf bottles previously unavailable elsewhere in the state. The Matador,...