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Jan 13, 2005
The Chambers Group, a Seattle-based hospitality consulting and management company, has secured management contracts with the Ramada Inn Downtown Seattle and the Holiday Inn in Everett, formerly the Everett Pacific/Howard Johnson Plaza. The 249-room Holiday Inn is Everett's largest hotel. Chambers Group Principal John McCracken says his company is overseeing a multi-million dollar renovation, including updating the exterior, lobby, guestrooms, meeting spaces and restaurants. The hotel is scheduled to reopen in June. The Ramada Inn, 2200 Fifth Ave., has 120 rooms. At each hotel The Chambers Group handles day-to-day operations, including staff management, sales and marketing, and financial performance.
Jenamar Communities, developer of Jubilee at Hawks Prairie in Lacey, had sold 162 homes by year's end. Sales started in the fall of 2003. Jubilee is a master-planned community for adults 55 "or better," according to a press release. Jubilee will have approximately 900 homes when completed in about five years. The Olympia Master Builder Tour of Homes named a Jubilee model home its Best of Show winner. The home also was named the Best Home Between $250,000 and $400,000. Jenamar of Granite Bay, Calif., is building another project near Jubilee. Heritage at Edgewater will have 69 single-family, two-story homes. From October to the end of the year, 19 sold.
DHI Mortgage, a subsidiary of homebuilder D.R. Horton, has named Omeed Salashoor branch manager for the Puget Sound region. He was senior loan officer with the company and was ranked top loan officer in the region, obtaining a 100 percent customer satisfaction rating. Before re-joining DHI, he was a senior loan officer with Wells Fargo Home Mortgage.
Susan Hayes has joined the Magnolia office of Windermere Real Estate as a sales associate.
NAIOP's 2005 Leasing Forecast Breakfast will be at 7 a.m. Jan. 19 at the Grand Hyatt Hotel, 721 Pine St., Seattle. Larry Blackett of GVA Kidder Mathews will discuss the Seattle office market; Tom Dillon of First Western, retail; Don Fosseen of CB Richard Ellis, investment; Steve Schwartz of Pacific Real Estate Partners, Eastside office; and Wilma Warshak of Colliers International, industrial. Cost is $30 for National Association of Industrial and Office Properties members and $45 for others. Register at www.naiopwa.org or by calling (206) 382-9121.
Jan 06, 2005
Lynn M. Owen-Bushnell has joined Glacier Management as a principal, and Eva Gordon has joined the Seattle-based property management and consulting company as an asset manager. Owen-Bushnell is an 18-year veteran of the industry. Her current management portfolio includes what Glacier officials say are numerous high-profile residential communities and more than 500,000 square feet of industrial and mixed-use properties. She is secretary of the Washington State Multi-Family Housing Association. She previously was a partner in the development of Etico Management Co. Gordon has 15 years' property and asset management in the residential and commercial sectors.
David Milloy, who has exclusively represented Microsoft during its Eastside real estate expansion, has returned to CB Richard Ellis to co-manage the Puget Sound office. Milloy will assume Art Wahl's role as co-manager with Senior Managing Director Jim Bowles. Milloy has completed more than 5 million square feet of transactions for Class A office space on the Eastside, and he has participated in property acquisitions totaling more than $300 million. His team also helped Puget Sound Energy develop a strategic plan resulting in the 340,000-square-foot consolidation into new offices in Bellevue. Wahl, who started with CB Richard Ellis in the late 1960s, is on sabbatical and will return to the firm as a full-time broker in the spring. Four years ago, Wahl offered to help Bowles manage the brokerage for a year or so. In a prepared statement Bowles said he is "very appreciative of the extended commitment" Wahl has made.
Tom Ripley of Egis Real Estate Services in Seattle has earned accreditation from the U.S. Green Building Council as a LEED Version 2.1 professional. LEED stands for Leadership in Energy & Environmental Design. Version 2.1 is an administrative update of the LEED 2.0 rating system for new commercial construction, major renovations and high-rise residential buildings. LEED-accredited professionals facilitate the sustainable design and LEED application processes.