May 01, 2020

Skagit County

Dr. Connie Davis is the newest member of the Skagit County Board of Health. Davis has over 30 years of health care experience and joined Skagit Regional Health in 2012 as chief medical officer. Prior to that, she was director of the Kidney Care Line and co-director of the Kidney & Pancreas Transplant program at the University of Washington. The health board convenes quarterly to discuss health issues of concern to Skagit County.

Kount

Boise, Idaho-based Kount hired Vikram Dhawan as vice president of product. Dhawan was senior director of product management for fraud and identity solutions at LexisNexis. He has 15 years of experience in the fraud and risk management industry. Kount provides identity trust and fraud prevention products and solutions.

Thurston EDC

The state Department of Commerce and the Thurston Economic Development Council are offering a new version of the EDC's ScaleUp program aimed at helping small business owners move through the COVID-19 crisis. The free program provides up to 100 owners with virtual classroom training, connection to a peer network, and access to resources and mentors. Daryl Murrow teaches the online course, which is based on Kauffman Family Foundation's curriculum. Applications are being accepted at http://bit.ly/wa-scaleup and online training runs May 6-July 8.

Amazon

Seattle-based Amazon reached a multi-year agreement with the National Football League to renew their partnership to livestream 11 Thursday Night Football games on Amazon Prime Video and Twitch. The games will also be broadcast on FOX television and run on cable through the NFL Network. Additionally, Amazon will globally stream one Saturday game in the second half of the 2020 season that will only be televised in the two teams' home markets.

Summit Bank

Eugene, Oregon-based Summit Bank is offering $5 million in stock at $10 per share. The offering is open for 30 days to new and existing shareholders, with a minimum investment of $25,000 and maximum of $1 million. The bank says the new capital is needed to strengthen its balance sheet in relation to significant growth in Paycheck Protection Program loans associated with the coronavirus pandemic, as well as projected growth in conventional loans. Summit specializes in loans to professionals and medium-sized businesses. It has offices in Eugene, Portland and central Oregon.

Apr 30, 2020

Thayer Manca lands $27M for refi in Lacey

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Local firm Thayer Manca Residential has secured a $26.8 million loan from Fannie Mae to refinance the recently purchased Callen Apartments in Lacey. A TMR partnership bought the 189-unit property two years ago for an undisclosed price, and has since invested $3.7 million in renovations. The 10-year, 2.99% fixed-rate loan includes full-term, interest-only debt service.

Elion hires Amazon logistics exec

Lambert

Elion Partners of Miami announced that new hire James Lambert will oversee its West Coast logistics division. He makes the move from Amazon, where he was in charge of logistics real estate. He'll remain in Seattle. Elion is invested in over 135 properties, including more than 10 million square feet of industrial space, and values its portfolio at more than $1.5 billion.

Elion's Shlomo Khoudari said in a statement referencing coronavirus, “With consumers forced to stay home, e-commerce has seen an acceleration in sales, placing a strain on inventory levels and supply chains. This catalytic shift in consumer behavior is driving logistics real estate to serve as the infrastructure to answer that demand.”

(Editor's note: Details about the firm's portfolio have been corrected.)

CBRE promotes Beaudine

Beaudine

David Beaudine, an 18-year veteran with CBRE, has been promoted to managing director of local market project management business for Washington state. He's a past specialist in project management for public schools, including districts all over the state. Future projects will include the Port of Seattle's North Satellite Modernization, Spokane International Airports Terminal Renovation and Expansion (aka TREX) and Yakima's Convention Center Expansion.

Traction Guest

Phillips

Seattle-based Traction Guest hired Brian Phillips as director of global security strategy. Phillips has over 14 years of experience leading security operations at health care, life sciences and Fortune 500 companies. He previously led global security for Thermo Fisher Scientific. Prior to that, he developed Alexion Pharmaceuticals' first physical security program, which leverages technology to keep employees safe. Traction Guest operates a cloud-based visitor management service.

Avalyn Pharma

Seattle-based Avalyn Pharma secured $35.5 million in Series B financing led by Norwest Venture Partners. Others participating in the financing included Pivotal bioVenture Partners, F-Prime Capital, Novo Holdings, RiverVest Venture Partners and TPG Biotech. Concurrent with the financing, venture capitalists Dr. Robert Mittendorff of Norwest and Dr. Heather Preston of Pivotal joined Avalyn's board. Avalyn is working on therapeutic programs for pulmonary fibrosis and chronic lung allograft dysfunction.

Amazon Web Services

Amazon Web Services opened data centers in Milan to boost cloud computing in Italy. In the Europe region, AWS also operates data centers in Dublin, Frankfurt, London, Paris and Stockholm. It plans to develop more in Indonesia, Japan and Spain. AWS is a company of Seattle-based Amazon.com.

Fresco Logic

Parade Technologies said it will acquire Portland-based Fresco Logic for $37.5 million in cash. Fresco is a fabless semiconductor company focusing on high-speed data transport and I/O aggregation chips and technology. San Jose, California-based Parade supplies integrated circuits for displays and high-speed interfaces used in computers and consumer electronics. The deal is expected to close during the second quarter of fiscal 2020.