Nov 20, 2020

LegitScript

Portland-based LegitScript appointed Scott Roth as chief executive officer. Roth joined LegitScript as president earlier this year. He previously was CEO at Jama Software. John Horton, who has served as CEO since founding the company in 2007, will shift to executive chairman and will serve as the company's chief strategy officer. LegitScript provides merchant and product certification and monitoring for internet and payment companies.

TrueBlue

TrueBlue announced that Taryn Owen, Jill Quinn and Loree Lynch have been named to Staffing Industry Analysts' Global Power 150 — Women in Staffing list. The list recognizes female leaders from around the world and spotlights the contributions and influence of women in the staffing industry. Owen is president of TrueBlue's industrial staffing segment, PeopleReady, which puts nearly 300,000 people to work each year. Quinn serves as president of Centerline Drivers, a driver staffing services company employing over 4,000 drivers annually. Quinn took on the additional role of executive leader of PeopleReady Skilled Trades in September 2020. Lynch serves as the senior vice president of operations for Staff Management/SMX, which specializes in on-site management of workforces across North America. TrueBlue is a provider of specialized workforce solutions.

Lighthouse

Seattle-based Lighthouse has been ranked No. 364 on Deloitte's Technology Fast 500, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences and energy tech companies in North America. In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 and current-year operating revenues of at least $5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America. For 25 years, Lighthouse has provided software and services to manage data for compliance and legal teams.

MTI

Mobile Technologies Inc. hired Craig Parietti as chief financial officer and Tony Woods as vice president of human resources. In addition, Vicki VanValin, who joined MTI in 2012, was promoted to vice president, global sales; and Parbin Chand was promoted to vice president, production and supply chain. MTI partners with enterprises to develop, build and support in-person interactive experiences in industries like retail, hospitality and health care. MTI is headquartered in Hillsboro, Oregon, with offices in Dublin, Hong Kong, and London.

Nov 19, 2020

Savills adds duo to Seattle office

Kelly

Lonergan

Savills announced a recent addition to its Seattle team. Eric Lonergan and Brian Kelly are joining the firm as executive managing directors; they made the jump from Washington Partners, after 20 years with that firm. Richard Schuham of Savills said in a statement, “Eric and Brian have sterling reputations and will not only bring exceptional client service skills but also a proven track record of building and maintaining a positive and productive culture.” They're bringing along associates Justin Johnson, Colton Teglovic and Trixie Tubb. The team is known for commercial tenant advisory services, with past clients including T-Mobile, Wells Fargo, Brooks Sports and Expedia. Said Lonergan, “Joining Savills enables us to provide our clients with a wider range of relevant consulting resources, access to innovative technologies and thought leadership and a global reach.”

Berkadia nabs six from CBRE

Berkadia recently announce the move from CBRE of six top performers: Jay Timpani, Mitchell Belcher, Steven Chattin, Chad Blenz, Robert Doxsee and Michael Manolides. The first four bring ample experience in investment sales, while the latter two specialize in mortgage banking. Berkadia's Keith Misner said in a statement, “Seattle and the Northwest remain among the most dynamic and robust multifamily markets in the country. This is how we'll continue to expand our footprint, particularly with clients looking for private capital opportunities, where Jay, Mitchell and Steven truly excel.”

Executive changes at URG

Simo

Bliss

Urban Renaissance Group announced the retirement of chief investment officer John Bliss, who'll be succeeded in that role by Matthew Simo. The changeover will take place in January. Company CEO Patrick Callahan said in a statement, “John's leadership has been critical to URG's growth and current position in the marketplace. He has played a major role in URG's success.” During his 11 years with the firm, Bliss helped with deals including 2014 acquisition of Touchstone. He'll remain on the board of URG. Simo's been with the firm since 2006, when it was founded. He said, “I look forward to deepening our capital relationships and furthering URG's track record of making strategic investments that positively benefit the company and communities we invest in.”

TMR gets $26M refi for New Mexico units

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Local firm Thayer Manca Residential has secured a little over $26 million in refinancing for its Circ Apartments in Albuquerque, the firm announced. The 10-year Freddie Mac loan caries a fixed rate of 285%, with full-term, interest-only debt service. TMR acquired the 264-unit property two years ago for an undisclosed amount. Previously called Ventana Canyon, the Circ has undergone $4.1 million in renovations. Joe Manca said in a statement, “The New Mexico market continues to show great economic strength. We are excited to continuing providing inspired workforce housing for this dynamic community.” TMR also recently acquired the 200-unit Ottavo Apartments and the 280-unit Mirabella Heights.

Weingarten lands dental tenant in Uptown

Weingarten Realty Investors of Houston recently announced that it has secured new tenant Pacific Dental Services for its Queen Anne Marketplace in the Uptown neighborhood. Terms were not announced. The practice opened in its new 2,388-square-foot space this week, replacing a prior medical clinic. PDS is based in California, and led by Stephen Thorne; it now has about 800 offices in 23 states. The local lease was negotiated by Weingarten's Andy Armstrong and, on the tenant side, David Merisko of Mattis Partners. The popular Lower Queen Anne shopping complex is anchored by Bartell and Metropolitan Market.

Kudos for WMFHA

The Washington Multifamily Association said that was recently honored by the National Apartment Association for its efforts in member engagement. In its NAA nomination packet, the WMFHA cited efforts last year including “easy ways for members to use their voice for advocacy efforts, roadshows to bring information directly to associates on the front lines of our industry, a member orientation program, and a new Leadership Lyceum program aimed at building up future leaders of our industry.” Membership grew by nearly 19,000 units and 132 member organizations during 2019. Facebook likes were also up 26% year-over-year.

Bill Frame adds industry laurels

Frame

Puget Sound Business Journal has named Kidder Mathews' Bill Frame as one of its “Power 100.” This summer he transitioned from president and COO to chief executive officer. The industry veteran has been with KM for 28 years. The Power 100 spans all industries, and its honorees also include Satya Nadella, Bill Gates, Jeff Bezos, Erik Nordstrom and Howard Schultz.

PEMCO

Cole

Seattle-based PEMCO Mutual Insurance named Philip Cole as director of underwriting operations and analytics. Cole brings extensive industry experience in property and casualty insurance to his new role with PEMCO. He's previously held leadership positions with GE Insurance Solutions, Rockhill Insurance, State Auto and most recently at Guide One, where he served as senior vice president and chief underwriting officer.

Eagle Beverage

Danimer Scientific, a developer and manufacturer of biodegradable materials, and Eagle Beverage Products announced they will produce biodegradable drinking straws for the quick service restaurant industry. The straws will degrade in environments ranging from industrial composting facilities to home compost units and oceans without leaving behind microplastics. Eagle Beverage will manufacture the straws using Danimer Scientific's proprietary biopolymers. The straws are expected to be available for Eagle's customers to purchase in early 2021. Eagle Beverage Products has manufactured specialty beverage products in Kent since 1970.

Geoverse

Bellevue-based Geoverse hired Bob Gault as its new chief commercial officer. Gault will be responsible for the sales and marketing activities across Geoverse. He previously was chief revenue officer for Extreme Networks. Gault also worked at Cisco for 17 years and was responsible for worldwide go-to-market plans for service providers, system integrators, and managed services partners. Geoverse is a mobile operator that provides in-building cellular solutions to enable users and devices to roam across public carrier networks.

Standard Insurance

Standard Insurance (The Standard) announced that Lauren Canfield has been promoted to assistant vice president and actuary, Actuarial Transformation. Canfield joined The Standard in 2006 and has held actuarial positions in the commercial mortgage division and the corporate actuarial team, most recently, as second vice president of Corporate Actuarial and Risk Management. In business since 1906, The Standard is a provider of financial protection products and services for employers and individuals.