Page 15 - Security Properties News Today : Breaking News, Live Updates & Top Stories | Vimarsana

SEATTLE, WA - A partnership between Security Properties and an affiliate of Rockwood Capital closed on a three-property portfolio acquisition, the companies announced. The acquisition consists of The Ardea, a 323-unit Class-A multifamily high-rise located in Portland, OR; Windward, a 200-unit Class-A+ mixed-use project in Lake Oswego, OR; and The Metro, a 415-unit Class-A- asset in Denver, CO. According to Davis Vaughn, Senior Director at Security Properties, "This is one of the most exciting acquisitions in our company's 50+ year history. Off-market acquisitions of this scale are extre...

Security Properties, Rockwood Acquire 938-Unit Portfolio The partnership purchased three assets in Oregon and Colorado. Dec162020 Image courtesy of Security Properties Security Properties and an affiliate of Rockwood Capital have expanded their Western U.S. footprint with the off-market acquisition of two assets in Oregon and one in Colorado totaling 938 units. The firms did not disclose the seller of the portfolio or the prices paid for the assets—The Ardea, a 323-unit Class A high-rise located in Portland, Ore.; Windward, a 200-unit Class A+ missed-use project in Lake Oswe...