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Feb 02, 2012




Seneca Group promoted Debi Hudacek to principal. She is a licensed architect and joined the real estate advisory and development management company in 2004. Her projects include the Bill & Melinda Gates Foundation and Lakeside School. Chris Jones, Peter McAuliffe and Rob Stephenson have become shareholders.
As the result of a recent acquisition by C-III Capital Partners, NAI Global's local offices will enter the property management business and expand its services in investment and office tenant representation. NAI Global will continue to operate as a separate company under its current management. NAI Puget Sound Properties has been a part of NAI Global for more than six years. During this time, the company has almost tripled in size to 37 brokers, and opened offices in Seattle and Tacoma. It also has a Bellevue office. Financial terms of the acquisition weren't disclosed.
Chad Gleason of Real Estate Investment Services in Kent was quoted in an article on using social media to build your business in Commercial Investment Real Estate, a magazine produced by the CCIM Institute. You can read the article at http://tiny.cc/rknn3.
Stuart Oswald of NorthMarq Capital's Bellevue office arranged a first mortgage/bridge loan of nearly $20.1 million for a two-property senior housing portfolio in Oregon totaling 136 units. Financing is through an institutional bridge lender.
The 7:30 a.m. Feb. 15 NAIOP breakfast program will feature a panel discussion about the Bullitt Center, a “living building” under construction on Capitol Hill. The program will be at the Sheraton Seattle at 1400 Sixth Ave. Panelists are Chris Faul and Joe David, both of Point32, Bullitt's development partner; and architect Brian Court of The Miller Hull Partnership; and Casey Schuchart, whose company is the general contractor. Vulcan Real Estate's Sharon Coleman is the moderator. Register at http://tiny.cc/v1n8h.
Jan 26, 2012

Heather Nix joined Colliers' Puget Sound area Real Estate Management Services division as a senior portfolio manager.

For the second year in a row, Seattle magazine named Kent Realtor Marti Reeder of John L. Scott a Five Star Professional Real Estate Agent. Fewer than 6 percent of agents in the area were named to the list, which is based on customer satisfaction, feedback from mortgage and title companies, and other criteria. Reeder has received the President's Award from JLS every year since 2007, won top producer and top resale awards at JLS last year, and was voted Best of Kent Realtor by the Kent Reporter three years in a row.
Office brokers Michael Dash and Matt Walters joined CBRE's Seattle office from Cushman & Wakefield|Commerce. Dash was the Society of Industrial and Office Realtors' 2010 office broker of the year and has executed more than 5 million square feet of deals in the Seattle area. He has managed Expedia's global leased portfolio since 2007. Other clients include Isilon Systems and Accenture. Walters was global account manager for Russell Investments and regional account representative for New York Life and DA Davidson. He was Cushman's rookie of the year in 2006 and was among the company's top five producers in the region last year. Earlier this month, John R. Miller, the head of Cushman's Seattle-areas offices, moved to CBRE to oversee regional brokerage operations.
Harvard & Highland, a 38-unit luxury condo project on Capitol Hill, hired Realogics Sotheby's International Realty to sell the last eight units. Realogics said it will market them to local and international buyers to capitalize on what it says is a rise in second home ownership. Units range from about 1,625 to 2,365 square feet. List prices are between $995,000 and just under $2 million. Asking prices were reduced in April. Melissa Camp, who recently joined the brokerage, is the sales director for the project. She said median sales prices for downtown condos actually rose 5 percent in 2011, and sales of downtown condos above $1 million grew nearly 20 percent.
Bellevue-based EMB, which manages residential projects, added three communities to its portfolio: the 140-unit Campen Springs in Renton, the 135-unit Enso in Seattle and the 204-unit Vuecrest in Bellevue.
NAI Puget Sound Properties brokers Doug Smith and Hugh Winskill are having a symposium about the South Puget Sound market from 8:15 a.m. to 3:30 p.m. tomorrow at Carwein Auditorium at the University of Washington Tacoma. Industry and government experts will talk about investing in uncertain times. Registration is required, and seating is limited. For more information and to register, see http://tiny.cc/tzxxf.