Jan 18, 2001
The 16-story Edmond Meany Hotel in Seattle's University District has become a Best Western, according to the latest quarterly hotel market report by Jinneman, Kennedy & Associates. The hotel is now called Best Western University Tower Hotel. Former hotel brokers Craig Schafer and Alan Battersby bought the 155-room landmark last summer for $11.5 million from Starwood Hotels & Resorts.
Tom Sager rose to principal at Seattle-based Seneca Real Estate Group, which provides commercial development services. Sager joined Seneca in 1998 and his most recent assignment was managing development of Metzler North America's Lakeridge Square office complex in Redmond that Microsoft leased.
Coldwell Banker Bain added 10 new residential sales associates to six of the firm's offices through its October merger with Preferred Properties. In Bellevue East, the new associates are Michael Miller, Sheri Avery and Tracy Dale. In Edmonds: Alex Munoz. In Issaquah: Nicole Jacobsen and Randy Street. In Mercer Island: Suzi Parker. In Redmond: Johna Wassil and Kirsten Strand. In Capitol Hill: Jennifer Braun.
Angela L. Humphreys became corporate counsel for Seattle-based Tarragon Development. Humphreys' seven years of experience in real estate law consists of four years with Colorado Bankers Mortgage and three years with the Nathanson Group, a Seattle law firm where she helped health-care providers conduct real estate transactions. Meanwhile, Dan Morrison joined Tarragon as project manager in charge of construction of Lakeland Town Center in Auburn.
Retail broker Tim O'Kane joined the Bellevue office of Kidder Mathews & Segner, coming over from Northwest Retail Partners. O'Kane has 14 years of real estate experience and is a University of Oregon graduate.
Frank Keenan and Gretchan Young merged their appraisal firm of Schueler McKown Keenan & Young into Shorett Kidder Mathews & Segner, which will operate as Shorett KMS Valuation Advisory Group.
Keenan has been appraising commercial property since the late 1970s and has developed a niche of evaluating golf course. He also appraises marinas and airport-related facilities. Kidder President Jeffrey Lyons said Keenan is one of only 18 golf course appraisers in the country.
Young has been appraising since the late 1980s, specializing in office, retail and apartment properties.
The non-profit Housing Development Consortium of Seattle-King County added three new members: Parkview Services, United Way of King County and the Washington State Housing Finance Commission. Parkview provides housing and other services for people with developmental disabilities.
Jan 11, 2001
became manager of Kidder Mathews & Segner's Seattle office, replacing Curt Gahn,
who continues working as an office broker in the Seattle branch. The manager job doesn't pay a substantial amount and is considered largely "voluntary," said the firm's full-time manager for all of its offices, executive vice president Gordon Buchan.
Gahn brokered deals while serving as office manager for the past three years. Osterhout, a close-in Seattle industrial broker, will do the same. The change raises Osterhout's title to senior vice president. Gahn's goes from senior vice president back to vice president. Osterhout joined Kidder two years ago after a long stint with CB Richard Ellis.
and Lynn Riggs
joined Seattle-based Harbor Properties as apartment managers. Blue, who spent the past nine years managing the Carillon Heights Apartments and One Carillon Point Condominiums in Kirkland, manages Harbor's 25-story McGuire, which nears the finish of construction in Belltown. The McGuire totals 272 apartments. Riggs, who previously managed athletic, social and golf clubs, oversees operations of Harbor Steps, which nears completion of its second phase. When that phase is built, the four-tower, downtown Seattle, luxury complex will total 739 apartments, an inn, a day-care and restaurants. Riggs previously managed the Glendale Country Club in Bellevue, the Woman's Athletic Club in Chicago and the Spotlight Recreation Club in Hong Kong. Her career began as athletic director for the Bellevue Club from 1980-1989.
Dana Behar has returned to HAL Real Estate Investments, the Dutch-owned firm based in Seattle, after eight months in the start-up tech scene. "Dana resumes his position as vice president with responsibilities for acquisitions and asset management," HAL said. The firm also promoted N.J. Tolton to vice president in acquisitions and asset management, and six-year employee Dierdre Africa to executive assistant. "Further expansion of the Seattle office will take place as it will become the head office for (publicly traded parent company HAL Holding N.V.'s) U.S. operations, effective May 1," the firm said.
Eric Brown joined Fannie Mae's Puget Sound partnership office in Seattle as a community development manager. Brown, who was a vice president in community development lending for Bank of America in Seattle, is responsible for spearheading "catalytic investments designed to strengthen neighborhoods throughout the Seattle area as part of Fannie Mae's America's Living Communities goal to help revitalize 300 communities nationwide," Fannie Mae said. Before BofA, Brown served five years as executive director for St. Andrews Housing Group in Bellevue, a non-profit housing developer, and Common Ground, a Seattle non-profit low-income housing development consultancy.
The huge, Seattle-based, nationwide apartment management company Pinnacle Realty named three executives to leadership roles in its Central region, each to the title of regional vice president. Jeffrey V. Hoster Jr.,
who has worked for Pinnacle since 1995, became responsible for North Texas, working out of Dallas. Jack Cornachio,
new to Pinnacle from senior vice president at Lend Lease/Boston Financial Group, heads the Midwest, based in Cleveland, Ohio. Jim Marfuggi
became responsible for Pinnacle's Gulf Coast area, working out of Houston, where he had headed Hartex Properties' office. Pinnacle said it now manages 105,000 apartments and 9 million square feet of commercial space.