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L&L Secures Another $911M Refi at 425 Park

L&L Secures Another $911M Refi at 425 Park
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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...

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