Security Properties
St. Luke’s Episcopal Church’s Proposal for 206-Unit Residential Development in Seattle Gains Approval in Design Review
By Kate Snyder A church in Seattle has hopes to bring more housing to the city’s Ballard neighborhood, and after gaining approval from...
Busy Times Ahead for Portland’s Multifamily Market, Suggests Kidder Mathews’ Q4 2022 Report
By Jack Stubbs The multifamily market in Portland saw an active period in the final quarter of last year, with several metrics suggesting...
Hyperion Realty Capital Acquires 125,540 SQFT Meridian Place Shopping Center in Puyallup for $29.4MM
By Kate Snyder With several sales transactions already recorded in the past month, Puyallup is continuing its streak of attention from investors as...
147-Unit Brookstone at Edgewater Townhomes in Puyallup Trades in $54MM Equity Deal
By Kate Snyder Another apartment complex has traded hands in Puyallup recently. The 147-unit Brookstone at Edgewater Townhomes was sold for $54 million,...
Security Properties Acquires Toscana Apartment Homes for $124MM in Lacey
(Editor’s Note: According to Thurston County public records, the property sold for $124 million, or about $315,521 per unit.) SEATTLE — On October...
Portland’s Multifamily Market Begins to Slow Due to Economic Factors, Finds Colliers Q3 Multifamily Report
By Jack Stubbs Portland’s multifamily market has slowed down in recent months, according to Colliers’ recently released third quarter multifamily market report, with...
Security Properties Announces Construction Begins on 219-Unit Splash Apartments in Portland
PORTLAND, OR – Oct 26, 2022 – Commercial real estate developer Security Properties (“SP”) today announced that construction has commenced on the Splash...
Abacus Capital Spends $92MM on 316-Unit Everett Apartment Community
By Vladimir Bosanac There has been a healthy amount of interest in Everett apartment communities in the last year or so, and a...
Security Properties Buys 206-Unit Mixed-Use Building in Seattle for $104MM
By Kate Snyder In a continuance of its recent activity in the Pacific Northwest, Seattle-based Security Properties has purchased for $104 million, or...
Security Properties, Urban Renaissance Group Plans Second Phase of 341-Unit Mixed-Use Project in Portland
PORTLAND, OR – Oct. 18, 2022 – The second, larger phase of the Press Blocks development in Portland’s Goose Hollow neighborhood has been...
Security Properties Sells 347-Unit One Jefferson in Lake Oswego for $124MM
PORTLAND – Oct. 7, 2022 – CBRE arranged the sale of One Jefferson, a 347-unit multifamily community in Lake Oswego, Ore., to an...
Security Properties Sells 162-Unit Apartment Community in Bremerton for $48.5MM
SEATTLE –– CBRE announced the $48.5 million sale of the Insignia Apartments in Bremerton, Washington, to a confidential buyer. Eli Hanacek, Jon Hallgrimson,...
