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翻訳と辞書　辞書検索 [ 開発暫定版 ] スポンサード リンク Security Properties ： ウィキペディア英語版 Security Properties Security Properties, founded in 1969 by Paul Pfleger, is a multi-family residential investment, development, and operating organization based in Seattle, WA. == History == From 1969-1986, Security Properties was engaged in syndicating investor capital for passive investments in affordable multifamily housing and managing the real estate assets. The syndication made use of the subsidy programs of the National Housing Act of 1934, which lent multifamily developers construction funds from the federal government at an interest rate of 3%, and allowed developers to borrow through non-government channels and receive an interest reduction subsidy that brought the effective interest rate down to 1.00%. This development also took advantage of the allowed accelerated depreciation and interest deductions from passive real estate investments. When the Tax Reform Act of 1986 limited passive activity losses and credits, the firm converted its organization from private capital syndicator and real estate manager to full-time real estate manager and operator. From 1986 to 1993, the firm operated its real estate assets and served as property management agent through its affiliate management, Security Management Inc. Security Management Inc. was sold to Insignia Financial Group in 1993, after which Security Properties entered into long term contracts for property and asset management with Insignia Financial Group. In 2011, the firm separated the connection, and reestablished its affiliated property management firm, Madrona Ridge Residential.〔Security Properties Establishes Property Management Firm. January 12, 2011. MHN Online. Available from http://www.multihousingnews.com/newsinbrief/security-properties-establishes-property-management-firm Retrieved September 19, 2011.〕 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Security Properties」の詳細全文を読む スポンサード リンク 翻訳と辞書 : 翻訳のためのインターネットリソース Copyright(C) kotoba.ne.jp 1997-2016. All Rights Reserved.