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Security Properties Acquires Trax in DuPont

SEATTLE, Nov. 1, 2017 - On October 27, 2017, Security Properties purchased Trax, a 178-unit property built in 2012 and located in DuPont,...

Seattle, Trax at DuPont Station, Security Properties, Garco Construction, Intercontinental Real Estate Corporation, Cigna Investment Management
FinanceResidential

Security Properties Buys 178-unit Trax at DuPont Station Apartments for $32.25MM

By Jack Stubbs Security Properties, a national real estate investment, development, and operating company based in Seattle, last week added another residential property...

FinanceResidential

Bridges at 11th Apartments in Seattle’s University District Sells for $64.4MM

By Jack Stubbs On Wednesday October 12th, the Bridges at 11th Apartments in Seattle’s University District sold for $64.4 million, or $350,000 per...

News Releases

Security Properties Acquires Apartment Community in Suisun City for $42.5MM

SEATTLE, Oct. 4, 2017 - On September 28, 2017, The Henley Apartment Homes, a 240-unit multifamily property located in Suisun City, CA, was...

News Releases

Security Properties Acquires Sycamore Terrace in Sacramento for $57.4MM

SEATTLE, Sept. 22, 2017 - On September 20, 2017, Security Properties purchased Sycamore Terrace, a 244-unit property built in 2006 and located in Sacramento, CA for $57,400,000. The property...

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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...

Industry NewsNews Releases

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...

News Releases

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....

News Releases

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...

News Releases

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,...

Industry NewsNews Releases

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...

Industry NewsNews Releases

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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