Jun 05, 2014

Dermody hires Phillip Wood

Wood

Reno, Nevada-based industrial developer Dermody Properties hired Phillip Wood as a partner in the Northwest office. Wood will manage development, acquisitions, build-to-suits and other projects. He has more than 30 years of experience, most recently at Jones Lang LaSalle and Trammell Crow Co. Dermody Properties has offices in Seattle, Chicago, Philadelphia and Phoenix, and has developed and leased out more than 40 million square feet of space over 50 years.

Realtors name Norm Rice First Citizen

Former Seattle Mayor Norman Rice is Seattle-King County Realtors' First Citizen. There will be a June 11 banquet to honor Rice, who is retiring as president and CEO of The Seattle Foundation. Rice served as mayor from 1990 to 1997, and is the 76th recipient of the award, which honors community involvement, volunteerism and philanthropy.

TeamBuilder KW hires Dennis Folk

Folk

TeamBuilder KW, a Kirkland-based affiliate of Keller Williams Realty, added Dennis Folk as a managing director in charge of south King, Pierce and Thurston counties. Folk was vice president of sales with Compass Team Northwest, a Puyallup real estate company. TeamBuilder provides sales and marketing services to Northwest builders and developers.

Terry Wilson joins Kidder Mathews

Kidder Mathews hired Terry Wilson in its Olympia office. Wilson last worked with Green Real Estate Group. Kidder Mathews has 450 employees in nine offices in Washington, Oregon and California. The firm said it does $2.9 billion in transactions, manages 29 million square feet of space, and conducts 1,300 appraisals annually.

June 12 CREW meeting on WSCC expansion

Washington State Convention Center President and CEO Jeff Blosser will talk about the convention center's expansion plans at a Commercial Real Estate Women Seattle and Sound luncheon at 11:30 a.m. June 12 in the Washington Athletic Club. Blosser will talk about what is driving the expansion, funding, and plans for hiring an architect and general contractor. For more information, or to register, visit: http://bit.ly/1x4RuAd

ULI panel looks at crowdfunding June 11

A panel discussion on “Creative Financing: Alternative Financial Mechanics for Vertical Development” will be held from 4:30 to 6:30 p.m. at the GGLO Space at Harbor Steps, 1301 First Ave. The panelists will look at non-traditional funding sources and how banks are responding. They will share experiences with different approaches such as crowdfunding and community-based co-ops. The moderator will be John Bliss of Urban Renaissance Group. Panelists will be Katlin Jackson from the crowdfunding company Fundrise; Mark Knoll from Blueprint Capital, which is a residential construction lender for smaller urban projects; and Joan Broughton from Craft3, a nonprofit lender that specializes in non-traditional approaches. The cost is $25 for ULI members and $35 for non-members and includes refreshments. Register online at Northwest.uli.org or by phone at (800) 321-5011.

May 29, 2014

Cox new CEO at EMB Management

EMB Management, which provides services to homeowner associations and developers, hired Ed Cox as chief executive officer. Cox recently worked on developing housing at Atlantis Resort in the Bahamas. EMB Management was founded in 1991 and is based in Bellevue. It is owned by Dallas-based Associa, which says it is North America's largest homeowner association management firm, with 8,000 employees and more than 150 offices in the U.S., Canada and Mexico.

Kilroy adds two board members

Gary Stevenson and Peter Stoneberg joined Los Angeles-based Kilroy Realty Corp.'s board of directors. Stevenson is president and managing director of MLS Business Ventures, the business division of Major League Soccer. Stoneberg is managing partner of Velocity Ventures, a merchant banking firm he founded 14 years ago. Kilroy owns more than 13.3 million square feet of office space in Seattle, San Francisco, Los Angeles, Orange County and San Diego. In March Kilroy paid $106.1 million — a record $754 per square foot — for the Institute for Systems Biology building at 401 Terry Ave. N. in South Lake Union.

Meet Chinese investors June 4-5

World Trade Center Tacoma will hold the International Matchmaking Conference, an event to connect Chinese investors with local companies, June 4 and 5 at Hotel Murano in Tacoma. The focus is on real estate, investment, wine and food. World Trade Center Tacoma is part of New York-based World Trade Centers Association, a nonprofit global trade association that connects business leaders around the world. Register at http://wtcta.org/event.

NAIOP Night of Stars

The Washington chapter of NAIOP will hold its annual Night of the Stars gala at 6 p.m. Nov. 7 at the Hyatt Regency Bellevue. The event honors some of the year's best real estate projects and deals as well as top developers, brokers and public officials. NAIOP is taking nominations now for this year's awards. The nomination form is at http://www.naiopwa.org under night-of-the-stars-overview.