Madrona Ridge Residential

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Security Properties Acquires 2 Portland Assets
Security Properties acquired two properties totaling 228 units located near downtown Portland. The company plans to implement a renovation plan for The Commons in order to preserve the long-term affordability of the building.
Portland
Madrona Ridge Changes Leadership
As part of the integration, the company added Mike Voorhees as a president for its Seattle office. He brings more than 23 years of experience in residential real estate management.
Seattle
Security Properties Expands in Seattle
The company acquired a Bellevue, Wash., community for $28 million. The building offers studio, penthouses, one- and two-bedroom units. Madrona Ridge Residential will manage the property.
Seattle

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