ULI has announced the participants in the sixth cohort of the ULI/Randall Lewis Health Mentorship Program, which is supported by ULI Foundation governor Randall Lewis and managed by ULI Building Healthy Places. Since 2017, the Health Mentorship Program has supported professional network building, learning, and exchange between students and ULI member experts working at the intersection of health and the built environment.
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Security Properties, Rockwood Acquire 938-Unit Portfolio
The partnership purchased three assets in Oregon and Colorado. Dec162020
Image courtesy of Security Properties
Security Properties and an affiliate of Rockwood Capital have expanded their Western U.S. footprint with the off-market acquisition of two assets in Oregon and one in Colorado totaling 938 units.
The firms did not disclose the seller of the portfolio or the prices paid for the assets The Ardea, a 323-unit Class A high-rise located in Portland, Ore.; Windward, a 200-unit Class A+ missed-use project in Lake Oswego, Ore.; and The Metro, a 415-unit Class A- asset in Denver. However, Yardi Matrix lists the most recent owner of both The Ardea and The Metro as Multi-Employer Property Trust (MEPT), a BentallGreenOak fund that is an open-end commingled real estate equity fund investing in a diversified core portfolio of institutional-quality real estate assets in the United States.