Jul 28, 2005

Downtown Seattle Association

Willard

The Downtown Seattle Association has hired Dave Willard as Metropolitan Improvement District safety manager. Willard will manage a program that provides concierge and safety services to 225 square blocks of downtown Seattle. He worked in the Navy as an operations and safety manager, and was stationed on aircraft carriers.

City of Seattle

Surratt

Lutz

Laura Lutz was promoted to business development director at the city of Seattle's Office of Economic Development. Lutz joined the office two years ago after working as a management consultant with Deloitte. Brian K. Surratt has joined the Office of Economic Development to manage industry sectors, and was a public affairs manager at First & Goal and the Seattle Seahawks.

Mobile Marketing Association

Mobile Marketing Association selected Laura Marriott to be executive director and manage global operations. She has 14 years of experience in the high-tech industry, including working on messaging as Intrado's director of mobility marketing. Mobile Marketing Association is headquartered in Bellevue.

Tarragon

McCullough

Murphy McCullough is a new senior development manager of commercial projects at Tarragon and is responsible for the developer's 2000 Third Avenue high-rise residential project. He has more than 12 years of construction and real estate development experience. McCullough previously worked for Hines and SDL McCarthy, where he worked on entitling, designing and constructing more than 4.5 million square feet of residential, office, retail, institutional and healthcare, including the IDX Tower, Harbor Steps and University Village. He completed his bachelor's studies in building construction and the commercial real estate program, both at the University of Washington.

Windermere/Realty Network Team

Realty Network Team, which a Vietnamese immigrant started three years ago, has affiliated with Windermere Real Estate in Seattle's International District. Windermere Real Estate/Realty Network Team, 321 10th Ave. S., has 25 full-time agents who provide residential and commercial real estate services in the Puget Sound region. The husband-wife team of Michael Lai and Veeny Van are the owners. The company offers financial services through its in-house mortgage company, The Home Point Mortgage. Lai, the son of a Vietnamese soldier and prisoner of war who fought alongside U.S. forces, was born in a coastal town in central Vietnam. He embarked on a journey to the U.S. that spanned three years and several countries where he became fluent in several Asian languages.

CB Richard Ellis

The city of Seattle has selected CB Richard Ellis as the property manager of the 990,500-square-foot Seattle Municipal Tower. The city rebids the contract every five years.

JER Partners of Los Angeles has bought Covington Farms, a 352-unit apartment property near Everett Mall, from Covington Associates LLC of Seattle for $25.65 million, or $72,869 per unit. Jim Claeys of CB's Seattle office represented the buyer and seller. He says the property was priced below the estimated replacement value more than $125,000 per apartment. Covington Farms has indoor and outdoor pools, an indoor basketball court and weight room.

Hendricks & Partners

MSK Fairfield Compton Woods LLC of San Diego sold Bridlewood, a 120-unit apartment property at 13210 97th Ave. N.E. in Kirkland, for $12.95 million to Newport Beach, Calif.-based Bridlewood Apartment Co. Kenny Dudunakis of the Seattle office of Hendricks & Partners negotiated the transaction.

S-J Management

Michael Sauter, CEO of Seattle-based S-J Management, says the company has had a strong response to its latest investment program, MonteViejo Associates LLC, which is buying the 480-unit MonteViejo Apartments in Phoenix. S-J has received subscriptions equal to 90 percent of the investment funds needed before closing. The closing has been moved up to Sept. 10. Sauter said that means capital contributions will need to be received before Aug. 31. Earlier this summer, S-J announced the $50.5 million purchase price will require approximately $11.5 million in equity capital. S-J is a privately held real estate company that acquires, manages and sells mostly large multifamily properties in Washington and Arizona.

John L. Scott

New sales associates at John L. Scott are Luis LaForteza at the Lynnwood Center office; Milly Sablok, Kent; Loretta Hanon, Kingston; and Vasi Rusu, Redmond.