includes acquiring or developing nearly 80,000 residential units at
a cost of $5.3 billion across 530 assets. We have sold over 63,300
residential units exceeding $3.4 billion in cost across 432
Below is a sample of our current apartment assets in our target markets.
Through our property management company, Security Properties Residential (SPR), we are committed to building value and delivering exceptional service to our communities and residents. SPR specializes in a hands-on approach that draws upon more than 50 years of ownership knowledge and management experience.
Total Units: 22,354
We purchase core-plus, value-add, and opportunistic multifamily assets that produce attractive investment returns. We seek deals that are either off-market or thinly marketed, and that have significant upside potential through physical enhancements or improved management.
Total Units: 13,761
With current target markets in the greater Seattle metropolitan area and Portland, SP's Development group focuses on urban mixed-use buildings in key "town center" locations that emphasize walkability, sustainability and public art.
Total Units: 1,138
We utilize a variety of funding sources and execution strategies to meet the needs of underserved populations. Our success has been driven by a collaborative approach that leverages the expertise of our own team, as well as that of our public, private, and non-profit partners.