Jun 07, 1996

Fisher Properties Inc.

Fisher Properties Inc. has announced that David R. Grein was elected to the position of vice president - Real Estate Investment at the annual meeting of the Board of Directors held on May 16. "This new position recognized David's increased accountabilities in overseeing and directing the investment activities of the company," said Mark A. Weed, president and CEO.

Coldwell Banker Bain

Principals of two influential real estate brokerages, Coldwell banker Bain Associates and the Lakemont Company, have announced a merger of the two companies. The merger was effective on June 1. "The merger teams the Lakemont Company's nine associates with the approximately 15 agents in our Coldwell Banker Bain Issaquah office. With the growth we anticipate, the new, combined team should result in even greater effectiveness for Issaquah area re-sales, new construction and land sales," said Bill Riss, president of Coldwell Banker Bain Associates.

Citizens Mortgage Inc.

Citizens Mortgage Inc. has announced the addition of Emmett L. Hoyt to their commercial/residential loan staff. Hoyt brings with him experience in finance and business.

Lynnwood Mortgage Corp.

The Lynnwood Mortgage Corporation has added two loan officers, Lynda Gunderson and Bill Papac, to its Northgate branch. The branch opened May 6. Gunderson has five years experience in mortgage banking, most recently as a loan officer at Westwood Mortgage. Papac has been a loan officer for three and a half years and worked previously for Cornerstone Mortgage and Westwood Mortgage.

Berkshire Mortgage Finance

Berkshire Mortgage Finance and G.P. Realty Finance have announced the closing of and $11 million loan to refinance the Sterling Park Assisted Living Facility in Redmond, at a 7-year fixed rate of 7.99%. Constructed in 1990, Sterling Park Assisted Living consists of 162-units in a two-and three-story building and provides three levels of assisted living care and two levels of special needs care. The property is located in the Overlake area of Redmond, just three blocks from Highway 520. Jack White Real Estate receives National Service Award. Jack White Real Estate received the PHH Relocation Service Award at the 1996b PHH Real Estate Network International Conference held in Palm Desert, California this Spring. The Award recognizes the highest levels of customer service and satisfaction for 1995. Jack White is one of two companies in the nation to receive this award.

Seattle Economists Club

The Seattle Economists Club's June meeting will be held at noon on June 19, at the Holiday Inn Crowne Plaza Hotel, 6th & Seneca, Downtown Seattle. David W. Berson, vice president and chief economist, Fannie Mae, will be the speaker for "The Outlook for Housing: 1996 and Beyond." The luncheon is $14 for members and $20 for non-members. For more information call (206) 467-8404.

Road to successful homebuying

The Cornerstone Home Loan Center is offering free home buying seminars entitled "The Road to Successful homebuying." Attendees will learn about the homebuying process form mortgage, real estate, title, appraisal, and escrow professionals. The seminar will be held on June 20, from 6:30 to 8:30 p.m. at the Cornerstone Home Loan Center, 906 Everett Mall Way, 4th Floor, Everett. For more information call (206) 290-9400.

Jun 04, 1996

Brownfields workshop this week

The Duwamish Coalition, the Washington Environmental Industry Association and the Environmental Coalition of South Seattle will present a workshop on how to clean up and redevelop brownfields from 7 a.m. to 1 p.m. Thursday at the Aerospace Machinists District Lodge, 9125 15th Place S., Seattle. Brownfields are abandoned, idled or under-used industrial and commercial properties where redevelopment is complicated by real or perceived contamination. Until recently, the redevelopment of brownfields was nearly impossible. Today, new federal, state and local initiatives are spurring more flexible standards for cleanup and future use of brownfields. Called "Duwamish Brownfields Environmental Technologies '96," Thursday's workshop is designed for property owners, business owners, bankers, real estate brokers and anyone else interested in buying, selling, redeveloping or remediating brownfields. Tips will be shared on how to maximize property values and minimize risks. The technologies to be discussed at the workshop include: site capping; thermal desorption; in situ metals fixation; bioremediation; subsurface air movement; solidification; and soil washing. King County Councilmember Cynthia Sullivan and Seattle City Councilmember Martha Choe will speak at the workshop, as will representatives from the banking and insurance industries. The event will include a continental breakfast, exhibitor displays and a Geoprobe demonstration by Summit Envirosolutions. The workshop fee is $20 per person. To register, call the Washington Environmental Industry Association at (206) 528-3410.