Security Properties
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,...
Security Properties Spends $49.5MM on 168-Unit Sienna Pointe Apartments in Bend, Ore.
BEND, Ore. – Aug. 9, 2022 – CBRE has arranged $31.4 million in financing for the $49.5 million ($294,642 per unit) acquisition of Sienna...
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...
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...
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...
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...
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 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...
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 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...
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...
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...
