Security Properties Acquires Lacey’s Martingale Apartments for $92MM

SEATTLE, Dec. 22, 2021 -- On December 14, 2021, Security Properties purchased Martingale, a Class A multifamily property located in Lacey, WA for $92,000,000. Security Properties now owns 27 assets totaling over 5,900 units in the Puget Sound marketplace. Martingale was constructed in 2020 and consists of 240 units spread out across 10 residential buildings and 11.2 acres. […]