Nov 21, 2014

Novinium

Cannon

Auburn-based Novinium hired Jan Cannon as chief human resources officer. She has 20 years of HR experience working for HipCricket, Sur La Table, Vulcan Northwest and Intel. Novinium works on circuit owners' infrastructure problems and cable rejuvenation.

Seattle Genetics

Seattle Genetics named Jean I. Liu general counsel and executive vice president for legal affairs, replacing Kirk Schumacher, who is retiring. Liu was vice president and general counsel at Halozyme.

Nov 20, 2014

Ishizaki makes ULI 40 Under 40 list

Ishizaki

Erin Christensen Ishizaki, an associate principal at Mithun in Seattle, is on Urban Land Magazine's list of “40 Under 40,” the best young land use professionals worldwide. The list was selected by members of the Urban Land Institute from more than 400 nominations. Christensen Ishizaki is an expert in ecodistrict planning and focuses on integrating public health and sustainability in urban planning.

NBS completes refi in 32 days

Mike Wood and Austin Johnson of NBS Financial Services arranged $5.6 million in refinancing for Opus Seaway Commerce Center, a 99,222-square-foot manufacturing building in Everett. Rainier Properties bought the building in 2011, and is the borrower. It is now 100 percent leased, with the newest tenant, Giddens Industries, set to move in January. The loan closed in 32 days, Wood said, because Rainier Properties had an existing loan set to mature soon. NBS Financial is part of NAI Norris, Beggs & Simpson, a commercial real estate company in Portland.

CBRE to manage Bellevue buildings

Equity Commonwealth tapped CBRE to manage two buildings in downtown Bellevue: The Expedia Building at 333 108th Ave. N.E. and Bellevue Corporate Plaza at 600 108th Ave. N.E. Kim Berg Jones and Beth Halvorsen of the Bellevue office will lead the team for both properties. CBRE is managing 145 Equity Commonwealth properties in 30 states and the District of Columbia. Worldwide, CBRE and its affiliates manage more than 3.5 billion square feet of commercial properties and corporate facilities.

TIAA-CREF units get Energy Star rating

Three Seattle apartment properties owned by TIAA-CREF — Aspira, Circa Green Lake and Prescott Wallingford — were among 17 existing apartment buildings to get Energy Star ratings from the EPA. Previously, only new construction could get the ratings. TIAA-CREF said its sustainability programs have saved more than $75 million since 2007. Energy Star-certified buildings use an average of 35 percent less energy and are responsible for 35 percent fewer CO2 emissions than typical buildings.

CREW lunch Dec. 11 on EB-5

Commercial Real Estate Women Seattle & Sound's December luncheon will focus on the federal EB-5 program, which allows people to obtain green cards and a path to American citizenship if they invest at least $500,000 in qualifying real estate projects. The luncheon begins at 11:30 a.m. Dec. 11 at Washington Athletic Club. The moderator will be Dan Shin of Phillips Burgess, and panelists will include Aaron Beeson of Access the USA, Stew Stone of Tri-Cities Investment District EB-5 Regional Center and Jessica Yu of the Seattle law firm Stokes Lawrence. Information and registration are at http://www.crewseattle.org/

Berkadia arranges $19M loan

Jeff Stuart of Berkadia's Seattle office arranged $19 million in financing through Freddie Mac for Affordable Housing Associates to buy Tualatin Meadows, a 240-unit affordable housing complex at 18755 S.W. 90th Ave in Tualatin, Oregon. Tualatin Meadows was built in 2000 using low income housing tax credits, and was 98 percent occupied at the time of the sale. The 11-acre complex is about 13 miles southwest of Portland, and has a gym, pool, clubhouse and playground. Berkadia is a joint venture between Berkshire Hathaway and Leucadia National Corp. that works on real estate financing, sales and research.

AIDS Healthcare Foundation

AIDS Healthcare Foundation has opened the city's first AHF Out of the Closet thrift store and moved the AHF Pharmacy to 1016 E. Pike St. from a nearby location on Capitol Hill. AHF's thrift stores and pharmacies support global AIDS care. The foundation said 96 cents of every $1 of revenue goes to HIV/AIDS programs and services.

Bank of America Merrill Lynch

Bank of America Merrill Lynch said Yafen Field will lead the global trade and supply chain finance business in the Pacific Northwest. She will be based in Seattle and provide businesses in Washington, Oregon and Idaho with services involving trade payables, trade receivables, risk mitigation and supply chain finance. Field was senior regional trade sales manager at HSBC.