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

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...

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

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 Seattle's 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 Washington's University District back in 2019. Security Properties now owns 113 assets totaling approximately 22,500 units across its portfolio. This includes 30...

Security Properties Acquires Toscana Apartment Homes in Lacey, WA - Vimarsana News

Security Properties Acquires Toscana Apartment Homes in Lacey, WA

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

Security Properties Acquires 624 Yale in Seattle, WA - Vimarsana News

Security Properties Acquires 624 Yale in Seattle, WA

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

Security Properties Completes $49.5 Million Acquisition of 168-Unit Sienna Pointe Apartment Community in Bend, Oregon - Vimarsana News

Security Properties Completes $49.5 Million Acquisition of 168-Unit Sienna Pointe Apartment Community in Bend, Oregon

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 Bend's 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...