Jun 28, 2012

Wallace Properties

Bob Bencze joined Wallace Properties. He specializes in REO, special asset disposition, investments and land sales. He previously worked at NAI Puget Sound Properties and Colliers International.

Coldwell Banker Bain|Seal

Debra Trappen, chief experience officer at Coldwell Banker Bain|Seal, is leaving to start a business consulting with real estate and other business professionals on social media. She was nominated in 2011 for Inman's Top 100 Most Influential Real Estate Leaders.

Keller Williams

Keller Williams Wallingford office has 13 new residential agents: George Brain, Edith Brown, Kellie Edmunds, John Monger, Thaison Nguyen, Linda Nielsen, Gerald Overbeck, Michael Pearce, Ravi Rao, CarolAnn Sinclair, Darren Taylor, Robert Ward and Natalie Warner. Christian Kolmodin and Shane O'Sullivan are new commercial brokers. New business brokers are Mike Carney, Enes Grabovica and Michal Radka. Helene Rubens is a new residential and business broker. Christine Wier is a new member of the commercial real estate team.

The Sanctuary

The Sanctuary, which converted a Capitol Hill church into condos, has sold out. The average price per square foot on pending and closed sales is $339, or $2 less than the list price, said Dean Jones, whose company, Realogics Sotheby's International Realty, handled marketing and sales. The 12 units sold for about $10.24 million. Developers began converting the Beaux Arts-style First Church of Christ, Scientist before the recession. The loan was sold to Pathfinder Partners, and a court appointed Resource Transition Consultants as receiver to complete the project. Unit prices were cut by 40 percent, but prices rose as demand increased. Other members of the team were Runberg Architecture Group; Robin Chell Design, interiors; Balfor Property Restoration, contractor; Justen Co., construction representative; and Ragen & Associates, landscaping.

Columbia Hospitality

The Seattle-based hospitality management and consulting company Columbia Hospitality has a new management and operational agreement with The Lake House at Chelan. The Lake House is a 40-unit property in downtown Chelan. This is Columbia Hospitality's fourth property management acquisition in a year.