Aug 07, 2014

Mack Urban hires Galassini

Galassini

Mack Urban hired Louisa Galassini as an associate development manager in the Seattle office. Galassini will work on residential and mixed-use projects including site acquisition, permitting, design and construction services. Galassini recently graduated from the University of Washington with degrees in architecture and real estate. Mack Urban is a West Coast real estate company that does transit-oriented development, high rise housing, mixed-use, adaptive reuse, and student and senior housing.

John Lo joins JLL

Lo

Jones Lang LaSalle's capital markets division hired John Lo to lead real estate investment banking in Washington and Oregon. Lo will work on loans, financing and joint venture equity investments. Lo was a founding partner at Bluewater Realty Capital, a mortgage banking firm in the Pacific Northwest. He also worked for Intervest Mortgage, Wells Fargo Real Estate Group and as a real estate investment banker. Over his career, Lo has completed more than $5 billion in debt and equity closings.

Transportation expert to speak at ULI

Gabe Klein, former transportation chief in Chicago and Washington, D.C., will talk about transportation and land use at a Urban Land Institute Northwest meeting at 7:30 a.m. Aug. 13 at Motif Seattle, 1415 Fifth Ave. ULI said Klein has a “people-first” philosophy when it comes to transit planning. In Chicago, he worked on financing and construction planning for the waterfront park and an elevated bike trail that will traverse four neighborhoods and add open space. Register by Aug. 11 at http://Northwest.uli.org or by phone at 1-800-321-5011.

NorthMarq secures $32.5M for Quail Park

Stuart Oswald of NorthMarq Capital's Seattle office arranged $32.5 million in financing for Quail Park of Lynnwood, a three-story senior housing building with 85 assisted-living units and 45 memory care units. The refinancing loan allows the borrowers to pay off the original construction loan and generate cash. NorthMarq says it is the largest private commercial real estate financial intermediary in the U.S., with more than $10 billion in financing secured annually and a loan portfolio of more than $42 billion.

NBS gets $21M loan for Esterline

NBS Financial Services' Mike Wood and Austin Johnson arranged $20.75 million in financing for the Esterline building, a 216,180-square-foot manufacturing building in Everett. NBS Financial represented the lender, State Farm Insurance Co. An entity related to Capstone Partners is the borrower. Capstone built the structure in 2009 for Korry Electronics, a division of Esterline Corp. NBS Financial is the financing arm of NAI Norris, Beggs & Simpson, a commercial real estate company in Portland.

The Partners Group

Bonville

The Partners Group Employee Benefits Division hired Mike Bonville to expand into the Mountain States. Bonville will open an office in Bozeman, Montana, for the Portland-based firm and also work for clients in Idaho and Utah. He has experience in the benefits industry including sales, marketing, brokerage sales and policy administration, and was sales manager in Oregon and Montana for LifeMap Assurance.

Symbios Consulting

Will Lutgen and Scott M. Lindsay have formed Symbios Consulting in Vancouver to provide business counseling, industry marketing and government affairs services involving energy and technology in the Pacific Northwest, Alaska, California, Nevada, Montana and Idaho. Lutgen recently retired from Northwest Public Power Association and Lindsay was NWPPA's director of government relations and regulatory affairs.

Dollar Sense Financial Coaching

Financial advisor Julie Blanchard recently completed a certification program through The Institute for Divorce Financial Analysts that she says will help clients avoid common financial pitfalls of divorce.