Security Properties Buys Redmond Asset for $78.7MM

Seattle-based Security Properties just spend $78.7 million to acquire The Heights at Bear Creek, a 226-unit apartment complex located at 17771 NE 90th St. in Redmond last week, according to public records. The sale comes to approximately $348,230 per unit. The purchase was done in partnership with insurer Cigna. Security Properties confirmed this, but they […]