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Security Properties Continues Texas Growth With Acquisition of 204-Unit Brightleaf at Lakeline Apartment Community in Austin

AUSTIN, TX - Security Properties purchased Brightleaf at Lakeline, a Class-A multifamily property located in Austin, TX in an off-market transaction. Security Properties now owns 112 assets totaling approximately 23,000 units across its portfolio, including one other 204-unit, market-rate property in Austin as they continue to grow in Texas. Brightleaf at Lakeline was completed in 2022 and consists of 304 dwelling units spread across 3 midrise buildings and 5 carriage-style buildings on 12.3...
United States Cedar Park Lakeline Plaza Davis Vaughn Parkline Shopping Center Security Properties

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Security Properties Expands Footprint in Puget Sound Market With Acquisition of 393-Unit Toscana Apartment Homes in Lacey

SEATTLE, WA - Security Properties purchased Toscana Apartments, a Class-A multifamily property located in Lacey, WA. Security Properties now owns 31 assets totaling over 6,800 units in the Puget Sound marketplace. Toscana is a Class-A, garden-style community that was delivered in two phases between 2019 and 2021. The asset consists of 393 apartment homes spread across 6 four-story and 5 three-story residential buildings and one two-story clubhouse. The unit mix features an attractive range of...
Alex Gauper Lewis Mcchord Security Properties Best Buy Toscana Apartments Puget Sound

Security Properties Completes $104 Million Acquisition of 624 Yale Midrise Apartment Community in Seattle's South Lake Union

SEATTLE, WA - A joint venture between Security Properties and STARS REI purchased 624 Yale, a trophy type-one midrise style multifamily property located in Seattles South Lake Union neighborhood for $104,000,000. This will be the second asset for this partnership, following the acquisition of Augusta Apartments in the University of Washingtons University District back in 2019. Security Properties now owns 113 assets totaling approximately 22,500 units across its portfolio. This includes 30...
Alex Gauper University Of Washington District University Of Washington Seattle South Lake Union Security Properties Lake Union

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