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  People & Companies

May 21, 2015

Bartell Drugs turns 125 this year

Just before its 125th anniversary party, Bartell Drugs is opening its 63rd store, this one at 2518 196th St. S.W. in Lynnwood. Lance Mueller & Associates designed the store, and Abbott Construction is the general contractor. The anniversary celebration will be May 30 at the new Lynnwood store, which is Bartell's 15th in Snohomish County. The event is from 11 a.m. to 3 p.m. and includes free food, discounted or free health screens, live music and a cookout. The family-owned Seattle company was founded in 1890.

Baseler named First Citizen

Ted Baseler, president and CEO of Chateau Ste. Michelle Wine Estates, is the 77th Seattle-King County Realtors First Citizen. Baseler is being honored for his contributions to the wine industry, higher education, medical care for children, economic development and tourism. There will be a banquet to celebrate Baseler May 28 at Fairmont Olympic Hotel in Seattle. Speakers will include former Gov. Christine Gregoire, Seattle advertising executive Ron Elgin, Washington State University President Dr. Elson Floyd and Bob Betz, founder of Betz Family Winery.

May 14, 2015

NBS arranges apartment financing

Westlakes Apartments in Olympia has 181 units.

Mike Wood and Austin Johnson of NBS Financial Services arranged $19.4 million in financing for two apartment complexes: the 181-unit Westlakes Apartments in Olympia and the 110-unit Poplar Lanes Apartments in Lynnwood.

Funding was provided by Fannie Mae through NBS Financial's relationship with Walker & Dunlop. NBS Financial represented both borrower and lender.

NBS Financial is part of NAI Norris, Beggs & Simpson, a real estate company based in Portland.

Valeri Pate joins WSHFC

Pate

Washington State Housing Finance Commission hired Valeri Pate to lead its asset management and compliance division. She will oversee a team that monitors more than 900 affordable housing properties across the state. Pate worked at the commission from 2002 to 2006 managing its tax credit division. Since then she has worked at Enterprise Community Partners, Key Bank and Catholic Housing Services. The commission's staff of about 12 monitors more than 934 properties and 75,000 units, and inspects more than 250 properties annually.

Seminar on transportation June 5

Transportation issues and policy will be the focus of an all-day event June 5 at Hilton Seattle put on by The Seminar Group. There will be sessions on funding, long-term planning, land use and alternative forms of transportation. For more information or to register, visit: goo.gl/pgtovd

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