Security Properties affiliate Madrona Ridge Residential is being rebranded as Security Properties Residential. Many of Security Properties’ Seattle acquisitions are being managed by Madrona. The company also added Mike Voorhees as president.
“I look forward to building on the talent, experience and systems that have allowed Security Properties Residential to reach the point where it is today and to help expand the platform to serve the needs of our residents, partners and investors,” Mike Voorhees, said in a statement.
Extensive residential experience
Voorhees has more than 23 years of experience in residential real estate management and 14 years of experience at Holland Partner Group as a regional vice president for the Washington/Arizona region where he supervised the renovation of 2,700 units and a total infusion of $18 million in capital improvements.
Prior to joining Holland Residential, Voorhees served as an investment manager for Pinnacle, overseeing 14 properties with a capitalization value of approximately $225 million. Throughout his career, he has become known for his leadership and commitment to growing and supporting his on-site associates. Voorhees attended Washington State University and studied business administration. Additionally, he is a managing broker in Washington State.
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