Security Properties Closes $400.8 Million Acquisition

Security Properties Closes $400.8 Million Acquisition

The Sale Marks One of the Single Largest Multifamily Transaction in the Seattle Area in 2025 SEATTLE, Sept. 17, 2025 /PRNewswire/ -- Security Properties, the leading real estate investment firm in the Pacific Northwest, has completed one of the largest multifamily acquisitions in the Seattle area so far this year, purchasing a five-property, 903-unit Seattle portfolio from Washington Holdings for $400.8 million. The sale includes Liza Eastlake, …

Security Properties Acquires 903-Unit Residential Portfolio in Seattle for $400.8MM

The Sale Marks One of the Single Largest Multifamily Transaction in the Seattle Area in 2025 (Editor’s Note: According to King County public records, The Hemlock traded for $124 million, or about $417,508 per unit, The Hayes on Stone Way was sold for $58 million, or approximately $467,741 per unit, and Carter on the Park was acquired for $70.5 million, or about $391,666 per unit.)SEATTLE, Sept. 17, 2025 — Security Properties, the leading real es…