Dec 17, 2020

Oak View Group

Holowaty

Dishington

The local office for Oak View Group, which is currently constructing and will operate Climate Pledge Arena, just announced two new hires. Adrian Dishington will be VP of hospitality and retail. Jacque Holowaty will be VP of employee and guest experience. The latter made the move from Spectra, and she said in a statement, “It feels like a once in a lifetime opportunity to bring my passion for the employee and guest experience to an organization that values inclusivity and innovation.” Dishington jumps from Sodexo/Centerplate, where he oversaw T-Mobile Park. He said, “I've always had a passion for the hospitality industry, not to mention, sports.” The 800,000-square-foot arena is slated to open in fall 2021, in time for hockey season and the Seattle Kraken's debut.

NW Natural Holdings

Northwest Natural Holding's board of directors has elected two new board members, Karen Lee and Nathan Partain. For the past 10 years, Lee has served as CEO of Pioneer Human Services, a nonprofit social-enterprise business based in Seattle. Partain is president and co-chief investment officer of Duff & Phelps Investment Management. Lee and Partain were also elected to the board of directors of Northwest Natural Gas, the company's wholly owned subsidiary. NW Natural Holdings is headquartered in Portland, and through its subsidiaries has been doing business for over 160 years in the Pacific Northwest.

PeopleReady

PeopleReady has received a silver Brandon Hall Excellence in Technology Award for Best Advance in Workforce Management Technology for its JobStack app. The app provides a platform for companies to instantly select qualified local workers and manage their entire staffing process. PeopleReady supports a wide range of blue-collar industries, and operates more than 600 branch offices across all 50 states, Puerto Rico and Canada.

KeyBank

KeyBank distributed more than $340,000 to small businesses, non-profits and families across its national footprint, as part of the an $18 million commitment KeyBank has made for COVID-19 response. In Seattle, KeyBank teamed with Mariners outfielder Kyle Lewis to make a $12,500 donation to the University District League Food Bank and a $10,000 donation to Friends of Children Seattle, as well as donating $50 gift cards to customers of various small businesses around Seattle. The small businesses that joined in the effort in Seattle were Likelihood Boutique, That Brown Girl Cooks, Kona Kitchen and Ezell's Famous Chicken. KeyBank purchased gift cards to these small business and then donated them as a way to provide additional support to both the business and local families.

Parent Trust for Washington Children

Parent Trust for Washington Children announced the appointment of three new board members, Craig Brauff, Dorothy Miller and Konrad Miernowski. Brauff is managing Partner of Emerald Investment Group, which focuses on technology and real estate investments. Miller is director of public policy and partnerships with Merck, where she works on health policy and public health issues. Miernowski is an attorney at Lasher Holzapfel Sperry & Ebberson, where he focuses his practice on advising businesses on a variety of matters including formations, governance, mergers, acquisitions, and succession planning. All of Parent Trust's programs are online and include a parent coaching call-in line, developmental screenings, childbirth and new parent classes, parenting groups, stress reduction training for families, and support groups for parents recovering from substance addiction.

Pastakia starts on Fireside

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Pastakia + Associates announced the recent groundbreaking for its 102-unit Fireside Flats, near the future Roosevelt Station, and a concurrent construction loan from Bank of the Ozarks. Terms for the latter were not disclosed. With general contractor Compass Construction, Pastakia intends to complete the six-story project at 841 N.E. 68th St. by the fall of 2022. (The light rail station, about five minutes away, will open next fall.) Tejal Pastakia said in a statement, “Our vision is to create a thriving community for future residents at Fireside Flats that furthers pedestrian activity and public transit usage in the Roosevelt neighborhood.” The project name is a nod to President Franklin D. Roosevelt's fireside chats during the Great Depression and World War II. (The neighborhood, of course, is named for a different president and Roosevelt: Theodore.) The Fireside team also includes Encore Architects, Vida Design (interiors) and SR Investment Group.

Doke joins brokerage

NAI Puget Sound Properties recently announced the addition of Derek Doke to its asset and property management services team. The designated CCIM was previously with Brighton Jones Financial Services. As executive VP of his new team, he succeeds Lee Shephard, who keeps his title but will focus on current clients and new business development. Doke said in a statement, “I have known the people at NAI Puget Sound Properties for many years, and have always respected the way the conduct their business.”

M&T Realty Capital Corp.

Roach

Schneider

The local office of M&T Realty Capital Corp. announced that it recently secured nearly $40.5 million in federally backed loans for three multifamily properties in the Tri Cities, which have 612 units. The buildings and their San Francisco owner weren't named. M&T's Jim Schneider and Madeleine Roach secured the market-rate funding: one loan via Fannie Mae, under its DUS Choice Refinance program; and two via the U.S. Department of Housing and Urban Development's 223(f) insurance program. The loan package features a fixed rate of 2.25% with a 35-year term. Roach said in a statement, “Properties in Washington state represent less than 1% of HUD loan volume. We hope the success of these transactions will encourage other owner/operators to consider using this program here in Seattle.” M&T Bank, of Baltimore, is the corporate parent to MTRCC, which last year originated $5.2 billion in loans. Funding sources include Fannie Mae, Freddie Mac, FHA and HUD.

Gantry lands $7M loan for Tacoma retail

Gantry's Brian Bonipart and Joyce Chen recently secured a $7 million loan for the owners of 6th Avenue Plaza, in Tacoma. Genworth provided the 10-year permanent loan for a 140,000-square-foot retail center that's 94% leased, says Gantry. The nearly 12-acre property was developed in 1986; it's near Tacoma Community College and state Route 16.

Davis adds asset manager

Jason Sullivan has joined the asset management team at Davis Property & Investment, the company announced. He's a 28-year industry veteran who'll focus on development management, says Davis, which currently has five medical and industrial projects in its pipeline. The firm now counts about 5 million square feet in our state and Oregon.