May 27, 2022

NAVEX

Thompson

Portland-based NAVEX, an integrated risk and compliance management software firm, announced that Sean Thompson has been appointed as the company's new president and chief executive officer. Thompson, an experienced SaaS technology leader, will succeed CEO Bob Conlin, who will assume the role of NAVEX's executive chairman. Thompson joined NAVEX as president and chief operating officer in September of 2021. Thompson's professional experience prior to NAVEX includes ten years at Microsoft, where he held a variety of roles, culminating with group product management for its database business, followed by a series of leaderships roles at SAP, where he rose to the position of executive vice president for the company's business network. Thompson was also the founder of a successful AI startup, Nuiku, which sold to Nortek in 2016. He began his career at Deloitte Consulting.

Daybreak

James Westmoreland, president and chief executive officer, announced that Daybreak Oil and Gas has completed its acquisition of Reabold California, which is now a wholly-owned subsidiary of Daybreak. Daybreak Oil and Gas is an independent crude oil and natural gas company currently engaged in the exploration, development and production of onshore crude oil and natural gas in the United States. The company currently operates in California's Kern, Contra Costa, and Monterrey counties, and owns a 3-D seismic survey in an oil producing area in Montcalm County, Michigan. Daybreak is headquartered in Spokane Valley, Washington with an operations office in Friendswood, Texas.

Summit Bank

Summit Bank promoted Brian Thomas to senior vice president, commercial banking team leader for the bank's Portland and Southwest Washington team. The announcement was made by Craig Wanichek, chief executive officer and president of Summit Bank. Thomas has more than 13 years of experience in commercial lending with a focus on local manufacturers, wholesalers, distributors, and professional service providers. He will take a key role in building out the bank's community-based business, commercial real estate, and manufacturing client base. Summit Bank has offices in Eugene, Central Oregon, and downtown Portland.

May 26, 2022

CBRE arranges $32M for SLU reno

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As the DJC first reported in April, Swift Real Estate Partners paid nearly $40 million for a 40-year-old office building in South Lake Union — generally called 425 Pontius. CBRE represented the seller in that deal, and now the broker has announced an additional $32.5 loan for renovations to the exterior lobby, elevators, and common areas. (No architect or contractor have been tipped.) Jeff Henderson secured the loan, working with Mike Walker and Brad Zampa in CBRE's San Francisco office. Bank of the West made the loan. Walker said in a statement, “We were thrilled to partner with Swift Real Estate again, as they add to an already impressive portfolio of well-located office buildings throughout the Pacific Northwest.”

Seyfarth

Sutton

Seim

Seyfarth announced that two attorneys formerly with Summit Law Group have joined the firm. Both have long experience in real estate matters. Courtney Seim is a specialist in eminent domain, easement issues, title disputes and practices environmental law. Ian Sutton focuses mainly on commercial real estate transactions and development. Paul Mattingly leads Seyfarth's real estate department. He said in a statement, “Courtney and Ian are tremendously skilled lawyers with substantial experience in all of the environmental facets of property development. As we continue to see more development projects across the country, their practices will flourish on Seyfarth's premier platform.”

New tenants for Village at Totem Lake

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CenterCal Properties recently named some new tenants coming to its renovated, expanded Village at Totem Lake. Some have been previously announced. The roster now includes Serious Pie (the pizza operation of Tom Douglas), the restaurant hanoon, LaserAway, Purple, Rion Fine Jewelry, Pure Barre, Rudy's and Umigawa Sushi. Ray Chavez manages the 26-acre mixed-use development. He said in a statement, “We are excited to welcome many new businesses. We're now nearly 90% leased, and look forward to welcoming even more guests this summer.”

Panattoni

Goodsell

David Goodsell has been elevated to Seattle development manager at Panattoni, the firm recently announced. The portfolio for the industry veteran will include land procurement, entitlements, leasing and management.

Skagit County

The Economic Development Alliance of Skagit County (EDASC) has hired Jorge Estefan as its new bilingual business advisor, responsible for increasing entrepreneurial opportunities and success for small business owners in Skagit County. In this role, he'll provide culturally aware one-to-one business support, lead classes and workshops, and advise on policy and programmatic work. He speaks English and Spanish fluently. Estefan joins EDASC after most recently running his own real estate business. Estefan lived in Mexico City, where he earned a bachelor of science in business administration and marketing, until 2010 before moving to the U.S. Estefan brings with him 18 years of experience in sales and management roles. He is also a current Leadership Skagit facilitator.

YouthCare

YouthCare, a Seattle-based nonprofit focused on ending youth homelessness, announced Degale Cooper as its new chief executive officer. Cooper has been YouthCare's chief program officer since 2018. YouthCare's CEO search committee worked with national search firm Kittleman and Associates and engaged community leaders and staff in defining agency needs. More than 50 individuals applied and seven candidates from across the country engaged in an interview process. As YouthCare's CEO, Cooper will be charged with working in close partnership with the board, while leading the staff to further YouthCare's strategic direction and programming in support of youth experiencing homelessness. Cooper has more than 30 years of experience meeting the needs of children and families in the Puget Sound region. Cooper held leadership positions at the YWCA, Youth Eastside Services, Treehouse and the Mockingbird Society. Colleen Echohawk has served as interim CEO since September 2021. Echohawk has recently accepted the role as CEO of Eighth Generation, a Seattle-based art and lifestyle brand owned by the Snoqualmie Tribe. Echohawk will continue to serve as a member of YouthCare's board of directors. Founded in 1974, YouthCare was one of the first shelters to serve runaway and homeless youth on the West Coast. Since then, YouthCare has expanded to offer 19 programs at 16 locations serving more than 1,500 youth every year.

Crelate

Crelate, a flexible recruitment platform for the talent industry, has added two new hires. Leigh Haydon will serve as senior vice president of revenue, and Gabe Hicks will serve as vice president of engineering. With over 15 years of sales and account management leadership across a range of successful B2B SaaS companies, Haydon will lead all sales and go-to-market functions to accelerate growth for the Crelate platform. Haydon's recent experience includes serving as vice president of investmentmanagement at Real Page, chief revenue officer at Investor Management Services, and as an advisor to early-stage SaaS B2B companies. Hicks, a technology veteran, will lead the engineering team in driving platform scale and innovation. He previously served as CTO to both Dev9 and Nortal. Earlier this year, Crelate announced new funding from Five Elms to support additional strategic growth, including key hires as the company scales. Located in the Seattle area, Crelate was founded in 2012.