Page 5 - Security Properties News Today

/PRNewswire/ -- On October 25, 2022, Security Properties purchased Toscana Apartments, a Class-A multifamily property located in Lacey, WA. Security Properties...

/PRNewswire/ -- On October 21, 2022, a joint venture between Security Properties and STARS REI purchased 624 Yale, a trophy type-one midrise style multifamily...

Agreements between RealPage and some of the biggest apartment owners in the country drove up the cost of rent, lawsuit alleges.

A new lawsuit alleges Texas-based RealPage worked with some of the nation’s largest landlords to create a cartel to raise rents.

Renters who filed suit in California accuse RealPage and several property management firms of artificially inflating rent rates.

SAN JOSE, CA - Security Properties has teamed with Pacific Life Insurance Company and Hearthstone Housing Foundation to acquire Monte Vista Senior Apartments, a 118-unit apartment community located in San Jose, CA. The acquisition marks the seventh joint venture between Security Properties and Pacific Life since 2018. Financing was provided by Fannie Mae through Berkadia.

/PRNewswire/ -- Security Properties has teamed with Pacific Life Insurance Company and Hearthstone Housing Foundation to acquire Monte Vista Senior Apartments,...

BREMERTON, WA - CBRE announced the $48.5 million sale of the Insignia Apartments in Bremerton, Washington, to a confidential buyer. Eli Hanacek, Jon Hallgrimson, Mark Washington and Kyle Yamamoto with CBRE’s Pacific Northwest-based multifamily team represented the seller, Security Properties. Built in 2017, Insignia Apartments is a garden-style multifamily community with 12 buildings on 6.9 acres, located at 1060 Insignia Loop. One- and two-bedroom floorplans make up the 162 units with...

Nashville-based Carter-Haston pays $282.11 per unit for Duet on 31st Avenue after Music Row deal

BEND, OR - Security Properties purchased Sienna Pointe, a 168-unit, Class-B multifamily community located in Bend, OR for $49,500,000. This is Security Properties fifth acquisition in the Bend market. Sienna Pointe is conveniently located on Bend seastside just a five-minute drive from Downtown. The property is situated at the base of Bends most iconic landmark, Pilot Butte. The 114-acre Pilot Butte State Scenic Viewpoint rises nearly 500 feet above its surroundings and includes a two-mile...