Page 6 - Security Properties News Today

Nashville-based Carter-Haston paid $305.8K per unit for Note 16 on 16th Avenue South

SEATTLE, WA - Security Properties and Tokyu Land US Corporation purchased Summit Riverside, a multifamily property located in Littleton, CO for $78,500,000. Security Properties now owns five market-rate assets totaling over 1,500 units in Colorado, having successfully sold two prior assets in 2020 & 2021. The Property is Tokyus first investment in the Denver MSA. Summit Riverside consists of 248 units spread out across 21 residential buildings located directly adjacent to the South Platte...

/PRNewswire/ -- On July 29, 2022, Security Properties purchased Sienna Pointe, a 168-unit, Class-B multifamily community located in Bend, OR for $49,500,000....

TUALATIN, OR - Security Properties purchased River Ridge, a Class A multifamily property located in Tualatin, OR for $70,000,000. Security Properties now owns 11 assets totaling over 2,800 units in the Greater Portland MSA. River Ridge was delivered in two phases from 2015 – 2017 and consists of 180 units spread out across 14 residential buildings and approximately 9 acres. The residential units are a mix of one, two and three-bedroom floorplans with an average unit size of 977 SF. The...

Phoenix’s Alliance plans development at Bransford Avenue site of Mrs. Grissom’s Salads

/PRNewswire/ -- Security Properties is pleased to announce the acquisition of Mt. Vernon Terrace Apartments on June 21, 2022. Built in 1973, Mt. Vernon...

/PRNewswire/ -- On June 9, 2022, Security Properties purchased River Ridge, a Class A multifamily property located in Tualatin, OR for $70,000,000. Security...

/PRNewswire/ -- Grace Hill, the innovator of the real estate industrys only talent management solution covering policies, training and assessment that is...

SEATTLE, WA - CBRE has completed the sale of 207 East, a newly constructed apartment community in Edgewood, Wash., to Security Properties. Jon Hallgrimson, Eli Hanacek, Mark Washington and Kyle Yamamoto with CBRE Pacific Northwest Multifamily group in Seattle represented the seller, The Wolff Company. Built in 2020, 207 East has 288 apartment homes with one-, two- and three-bedroom floor plans and an average unit size of 892 sq. ft. The property has 14 buildings on 16 acres. Community...

SEATTLE, WA - Security Properties purchased Martingale, a Class A multifamily property located in Lacey, WA for $92,000,000. Security Properties now owns 27 assets totaling over 5,900 units in the Puget Sound marketplace. Martingale was constructed in 2020 and consists of 240 units spread out across 10 residential buildings and 11.2 acres. The residential units are a mix of studio, one and two-bedroom floorplans with an average unit size of 849 SF. Originally established as a suburb of...