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FinanceIndustry NewsResidential

Acacia Capital Corporation Pays $204.3MM for 400-Unit Bellevue Apartment Community

By Catherine Sweeney The Puget Sound region has seen no shortage of apartment deals in recent months. In one such sale, The Overlook...

Timberlane Partners, CBRE, Seattle, Portland, San Francisco, San Jose, Oakland, Los Angeles, Orange County, San Diego
FinanceIndustry NewsNews ReleasesResidential

Three Tacoma Apartment Deals Fetch $73MM in Combined Sales and $57.7MM in Financing

BELLEVUE, Wash., IRVINE, Calif. and SEATTLE – June 15, 2022 – Berkadia announced today the $73.425 million in combined sales and the $57.72 million...

FinanceIndustry NewsPortlandResidential

Security Properties Acquires Tualatin, OR River Ridge Apartments for $70MM

SEATTLE, June 14, 2022 — On June 9, 2022, Security Properties purchased River Ridge, a Class A multifamily property located in Tualatin, OR for $70,000,000 ($388,888 per unit). Security Properties...

Seattle, Cushman & Wakefield, The Confidential, Security Properties, Bank OZK, Belltown, MetLife Investment Management
AECFinanceIndustry NewsNews ReleasesResidential

Security Properties Receives $115MM Construction Financing for Mixed-Use Development in Seattle’s Belltown Neighborhood 

SEATTLE, Wash., ––  Cushman & Wakefield announced the firm served as the exclusive advisor to Security Properties, Inc. in the procurement of a...

FinanceIndustry NewsResidential

Security Properties Pays $120MM to Acquire Everett’s 352-Unit Olin Fields Apartments

By Vladimir Bosanac As the first half of 2022 slowly dissipates, interest in multifamily properties across the region continues to gain momentum. In...

Security Properties, Tacoma, Wilshire United, Terra Heights
FinanceIndustry NewsResidential

Security Properties Sells Tacoma Multifamily Asset for $54MM

By Meghan Hall One of the largest owners of multifamily real estate in the country has sold off a local asset. In a...

FinanceIndustry NewsResidential

Security Properties Sells Bellevue Apartment Complex for $175MM

By Meghan Hall An apartment community in Bellevue’s growing Spring District has traded hands, adding to the list of deals already solidified in...

St. Luke’s, Ballard, VIA Architecture, Security Properties, BRIDGE Housing, Seattle
AECCommercialIndustry NewsResidential

St. Luke’s Episcopal Church & Project Team Present Plans for 292-Unit Mission-Based Development in Seattle’s Ballard Neighborhood

By Meghan Hall As Seattle’s development landscape has changed, numerous faith-based organizations have begun to reevaluate the potential of their long-held real estate...

FinanceIndustry NewsNews ReleasesResidential

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...

FinanceIndustry NewsNews ReleasesPortlandResidential

Kennedy Wilson Spends $121MM on 348-Unit Tigard Apartment Property

(EDITOR’S NOTE: The seller of the 348-unit community was Seattle-based Security Properties.) BEVERLY HILLS, Calif. (December 17, 2021) – Kennedy Wilson Fund VI (“Fund...

FinanceIndustry NewsResidential

Pacific Urban Buys Seattle’s Panorama House Apartments for $120MM

By Meghan Hall Pacific Urban Residential has made a big investment into Seattle’s First Hill neighborhood, acquiring the Panorama Apartments at 1100 University...

FinanceIndustry NewsResidential

Interstate Equities Purchases 106-Unit Apartment Building in Mountlake Terrace for $30.8MM

By Catherine Sweeney  Multifamily properties have been a valuable asset to many investors in the Pacific Northwest, with numerous transactions in the sector...

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