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Security Properties Acquires PepsiCo Facility “Superblock” Site on Portland’s Sandy Boulevard

Pacific Northwest development company will proceed with creating an urban village in Portland’s booming Eastside PORTLAND – (Sept. 7, 2017) – A joint...

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Security Properties Concludes $392.5MM Asset Sale for First Fund

SEATTLE, Sept. 6, 2017 — Security Properties today announced that it has sold the last of the 17 assets that comprised its first...

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Security Properties Acquires 3-property Portfolio in Phoenix MSA

SEATTLE, July 26, 2017 — On July 19, 2017, a joint venture between Security Properties and funds managed by Oaktree Capital Management, L.P....

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Security Properties and Housing Up Acquire Two District of Columbia Affordable Housing Communities

WASHINGTON, July 24, 2017 — On June 30th, 2017 Hedin House Apartments, a 48-unit affordable housing community located in Washington, D.C., was acquired...

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Security Properties Acquires The Commons and 5819 Glisan in Portland, OR

PORTLAND, Ore., July 18, 2017 — On June 30th, 2017, Security Properties acquired The Commons and 5819 Glisan, two apartment complexes in Portland,...

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Madrona Ridge Residential to be Fully Integrated Into Security Properties Under New Leadership

SEATTLE, July 10, 2017 — On July 10, 2017, Madrona Ridge Residential, an affiliate of Seattle-based Security Properties, is being fully integrated into...

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Security Properties Acquires Bellevue Soma Apartments for $28MM

SEATTLE, June 27, 2017 — On June 23, 2017, Security Properties and Cigna Investment Management purchased Soma Apartments, a 74-unit multifamily property located...

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Security Properties and Intercontinental Real Estate Corporation Acquire Echo Lake Apartments in Shoreline, WA

SEATTLE, June 6, 2017 — On May 31, 2017, Security Properties and Intercontinental Real Estate Corporation (“Intercontinental”) purchased Echo Lake Apartments, a 289-unit...

FinanceResidential

Security Properties Buys Echo Lake Apartment Complex for $85.5MM

By Vladimir Bosanac In a transaction that closed on May 31, 2017, Seattle-based Security Properties continued its buying spree by spending $85.5 million...

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Security Properties Acquires Andante Apartments in Phoenix for $85.25MM

SEATTLE, May 25, 2017 — On May 22, 2017, Security Properties and Pacific Life Insurance Company purchased Andante Apartments, a 576-unit multifamily property...

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Sparc Opening Marks Arrival of Bellevue’s Spring District

BELLEVUE, Wash. – (May 18, 2017) – Security Properties today celebrated the opening of Sparc Apartments in Bellevue’s Spring District. Sparc will be...

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Security Properties Acquires Bothell, WA Bordeaux Apartments

SEATTLE, May 17, 2017 — On May 12, 2017, Security Properties purchased Bordeaux Apartments, a 124-unit multifamily property built in 1989 and located...

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