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Feb 16, 2005
American Home Equity Mortgage's new name is American Equity Mortgage. The change is part of an effort to align the St. Louis-based company's affiliates with its corporate name. American Equity Mortgage specializes in debt consolidation and has local offices in Bellevue.
Feb 10, 2005
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Whit Hamlin is leaving Vulcan Inc., to become a senior associate at Meriwether Partners, a Seattle commercial real estate company. At Vulcan Hamlin focused on acquisitions, dispositions and development of the South Lake Union portfolio. At Meriwether he will work on investment and occupancy services. He has an MBA from the Wharton School of the University of Pennsylvania and has worked in project management at GLY and Baugh construction companies.
Robert Arron is the new director of real estate marketing and leasing for Vulcan Inc. He will have a particular focus on the South Lake Union neighborhood. Arron was a vice president with Kearny Real Estate Co., the West Coast operating partner of the Morgan Stanley Real Estate Fund in Los Angeles. In Seattle, he has worked for Trammell Crow and the Norman Co. He has an MBA from the University of Southern California.
The multi-family market is the topic of NAIOP's 7 a.m. Wednesday breakfast meeting at the Grand Hyatt Hotel, 721 Pine St. Panelists are Frank Bosl of CB Richard Ellis, Brian Fritz of Trammell Crow Residential, George Petrie of Goodman Real Estate and Brian O'Connor of O'Connor Consulting Group. It's $30 for National Association of Industrial and Office Properties members and $45 for others. To register, telephone (206) 382-9121 or see http://www.naiopwa.org.
Feb 07, 2005
W. Scott Wert joined the Seattle office of Stoel Rives and practices in the real estate group. He has represented U.S. and foreign groups in asset and stock acquisitions, and corporate and commercial issues. Stoel Rives is a business law firm with 375 lawyers in Oregon, Washington, California, Utah and Idaho.
Feb 03, 2005
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The Seattle Housing Authority has selected Cascade Partners to represent SHA in selling some multi-family properties. The authority plans to buy new sites better suited to residents. Cascade Partners President Michael Rooney said there are about 145 properties in the scattered-site portfolio, which includes single-family and multi-family. Cascade will market the multi-family sites. Rooney said the authority has listed three multi-family properties, with the largest accommodating six units. The authority could sell about 40 multi-family properties over the next three years, according to Rooney. Cascade specializes in the marketing apartments up to 20 units in greater Seattle.
Seattle-based Goodman Real Estate is developing a $300 million lifestyle center in Rogers, Ark., with The Nelson and Beaty Co. of Fort Smith, Ark. Urban Retail Properties Co. of Chicago has joined the project as retail consultant on Centre Pointe at Pleasant Grove, which will total 184 acres. Liberty Bank of Arkansas provided acquisition financing, and the Rogers City Council approved the necessary zoning, according to the developers. Construction is set to start this summer. The first phase calls for 350,000 square feet of retail, 70,000 square feet of other commercial space, a hotel and more than 180 condos.
Equity Office has named Michael Phillips general manager of the 76-story Bank of America Tower in Seattle. He was vice president at Tower Realty Management Corp., the asset management division of the Government of Singapore Investment Corp. He also worked on acquisitions, dispositions and repositioning projects nationally and overseas.
Lori Hill of Pacific Real Estate Partners is 2005 president of the Seattle chapter of Commercial Real Estate Women. Other directors are President-elect Patricia Parsons, First American Title; Secretary/Treasurer Peggy Emerson, Metropolitan Improvement District; Program Director Kelly Beckley, Egis Real Estate Services; Membership Director Patricia Loveall, GVA Kidder Mathews; Community Outreach Director Cathleen Meyer, RREEF; Publicity Director Tina Pappas, Egis; Education/Scholarship Director Lori Mason Curran, Vulcan Inc.; Communications Director Linda Larabee, AMB Property Corp./R.J. Hallisey; and Network Committee and National Delegate Shawn Rush, Group Mackenzie. The 200-member CREW Seattle is 20 years old and is hosting the CREW national convention this fall; 1,000 people are expected.
Personnel changes that Bedford Property Investors announced last spring have become official. Stephen M. Silla has been promoted to executive vice president and chief operating officer. Former COO James R. Moore Jr. will continue as president until his June 30 retirement. Rod Diehl has been promoted to senior VP of acquisitions of Bedford, a Lafayette, Calif.-based real estate investment trust that owns nearly 694,000 square feet of office and flex space in the Puget Sound region.
Bryce Taylor is NAIOP's 2004 Member of the Year. Taylor, a project manager with Lease Crutcher Lewis, is chairman of the National Association of Industrial and Office Properties' Community Enhancement Committee.
Windermere redesigned the Intranet site used by the company's nearly 7,000 agents, office owners and staff members. They now can maintain contacts, add and edit listings, and build market analyses from a central database. Agents also can view clients' favored listings and remotely correspond with them about properties. Holly Rose has joined the Windermere Magnolia office as a sales associate. She was an agent at The Landmark Group in Seattle.
Barbara McMahon, picked by Seattle Magazine and Northwest Home and Garden as a Five-Star Real Estate Agent in 2004, has joined the John L. Scott Edmonds office. Also joining the Edmonds office are agents are Debra Conway, John Mueller and Morrie Tacher. Other new agents are Elina Belyayeva and Eric Olsen, Federal Way; Travis Defoor, Redmond; Andrea Engholm, formerly of Prudential, Silverdale; Tami Marinakis and Robert Steele, Lynnwood Center; Susan Corkrey, Bellevue; and Arnel Margen, Port Orchard.