Jun 04, 2010

Infinity Rehab

Infinity Rehab, a Wilsonville, Ore. provider of physical, occupational and speech therapy, promoted Carolyn Staples to rehab director in Washington; Stacey Turner to regional director of operations of Oregon, Utah, southern Idaho and Colorado; and JoLynn Munro to regional director of operations of Washington, Alaska, Illinois and northern Idaho. Staples was director of rehab at Sullivan Park and Good Sam Spokane Valley, both located in Spokane. Turner will manage five area rehab directors and oversee 70 facilities. Munro will manage 54 facilities and has been on the Infinity Rehab team for three years.

Total Living Choices

Total Living Choices, a health care technology company in Seattle, announced a partnership with the California Association of Health Facilities, a nonprofit that represents more than 1,250 longterm care providers in California. CAHF members now have access to TLC's online family programs including Care Interpreter, Facility Finder and Home Care Finder.

Kuni Foundation

The Wayne D. Kuni & Joan E. Kuni Foundation elected new officers for its board of advisors. Carolyn Miller, an attorney practicing in Washington and Oregon, was elected president and Sean Kuni, a businessman from Vancouver, was elected secretary. The foundation awards grants for clinical cancer research, and supported housing and socialization for educable mentally retarded adults, with particular emphasis on older people.

Jun 03, 2010

Estate Planning Council

The Estate Planning Council of Seattle named new officers for 2010-2011. Rick Conrad, senior vice president with Wells Fargo's Private Bank and Wealth Management Group in Seattle, has been elected president. Joining Conrad is immediate past president Donald Kurth, with the Seattle CPA firm Hagen Kurth Perman & Co., and president-elect Mitchell Maurer, a chartered life underwriter with AXA Advisors in Bellevue. Patricia Char, a lawyer with K&L Gates in Seattle, is treasurer and Joan Albee, a CPA with Wellspring Group in Bellevue is secretary.

CTS International

CTS International of Bellevue said Mark Schultz, senior vice president of talent acquisition and business development, will lead the new Charleston office. The office positions CTS to support Boeing in hiring hundreds of employees for the 787 Dreamliner assembly plant. CTS finds and fills highly technical jobs.

King County Housing Authority

King County Executive Dow Constantine appointed Richard Mitchell to serve as a King County Housing Authority commissioner. Mitchell will complete the unexpired term of KCHA Commissioner Doreen Marchione, who was elected to the Kirkland City Council in November of 2009. His term will end in May 2012, when he will be eligible for reappointment. He is a partner at Summit Law Group and was general counsel to Gov. Chris Gregoire.

Live auction of commercial loans

Northwest Auctions will sell a variety of troubled loans at a live auction July 19 in Seattle. A live auction of non-performing loans is rare, according to the company's project manager, Paul Thomas. Such auctions typically are conducted online. Thomas said at live auctions participants can see they're competing against actual bidders, not phantom ones who are in place only to drive prices up. Northwest expects market-value bids, not discounts, because target bidders are well-funded investors who are not averse to paying full price or more for loans that pencil out. Loans in the auction have a balance of $300,000 to $6 million and include a non-performing construction loan on 14 unfinished Seattle condos, a $2.4 million loan to Mastro Properties secured by two King County commercial properties, and a $5.9 million troubled loan secured by a Kitsap County retail center. June 11 is the deadline for getting loans into the auction. The location will be posted at nwauctions.com.

CBRE survey: Retailers optimistic

A new national survey by brokerage CB Richard Ellis shows almost 70 percent of retailers across the country think the economy is improving. Ninety-two percent plan to open more stores. Retail executives surveyed think retail rents will fall or remain flat for the rest of this year. Nearly three-quarters of retailers said they were able to negotiate tenant improvements with their landlords in the past year; 65 percent of them said rent reductions were the most common incentive, followed by limited improvements and the right to terminate early.

Mid-year broker forecast

NAIOP will host a mid-year forecast breakfast at 7:30 a.m. June 16 at the Seattle Sheraton, 1400 Sixth Ave. The program will cover the retail, investment, office and industrial sectors. Chris Hughes of Pacific Real Estate Partners (PREP) will moderate the discussion by panelists Susie Detmer of Cushman & Wakefield Commerce, Tom Pehl of CB Richard Ellis, Steve Schwartz of PREP and Doug Klein of GVA Kidder Mathews. Register at naiopwa.org.

ICSC forecast June 21

Port of Seattle CEO Tay Yoshitani will be the keynote speaker at an International Council of Shopping Center's economic forecast lunch June 21 in Seattle at the Washington Athletic Club, 1325 Sixth Ave. There also will be a discussion by panelists Rick Jarvis, who heads the state Department of Financial Institutions, and Arun Raha, executive director of the state Economic Revenue and Forecast Council. Register at icsc.org.

CREW lunch June 10

Bonnie Dunbar, president and CEO of the Museum of Flight, will be the luncheon speaker at the June 10 CREW Seattle & Sound meeting at the Washington Athletic Club, starting at 11:30 a.m. with registration. She will talk about piloting the shuttle's next mission. Dunbar has spent more than 50 days in orbit and is a native of Sunnyside. To register go to http://www.crewseattle.org.