Security Properties and Tokyu Land Completes $78.5 Million Acquisition of 248-Unit Summit Riverside Apartments in Littleton, Colorado
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 Tokyu's 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...
Source: multifamilybiz.com