Deal Snapshot
SECURITY PROPERTIES ACQUIRES VILLAS AT KENNDY CREEK IN WASHINGTON STATE
Wednesday 18 September 2019

Seattle, US-based real estate investment, development, and operating company Security Properties has acquired Villas at Kennedy Creek, a class A townhome-style multifamily property located in Tumwater, Washington for USD 28.15m, the company said.
Security Properties now owns 120 assets totaling approximately 24,000 units across its portfolio. This includes over 5,000 units in the Puget Sound marketplace. Villas at Kennedy Creek was originally constructed in 2008 and consists of 118 units spread out across 16 residential buildings and approximately 12 acres.


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Details
Date Published: 18/09/2019
Target: Villas at Kennedy Creek
Country: USA
Sector: Construction/Real Estate
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Security Properties
Comment:
Terms of the deal were not disclosed

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