Jul 30, 2015
Cheri Kilty is Attain Housing's new executive director. Kilty previously worked as executive director of YWCA of Bellingham. She also served as east King County regional director for YWCA where she worked on a 144-unit affordable housing project in the Issaquah Highlands. One of Kilty's biggest priorities will be planning the organization's annual Wish Upon a Star dinner and auction event. The event will be at 5:30 p.m. Sept. 26 at The Westin Bellevue. Kirkland-based Attain Housing homeless people find stable housing. It formed in 2013 as a result of a merger between KITH and Housing at the Crossroads.
Gov. Jay Inslee appointed Wendy Lawrence and Ken Larsen to the Washington State Housing Finance Commission. Lawrence is housing director for the Makah Tribe of the Olympic Peninsula. She worked on a 51-acre mixed-use, mixed-income development called Sail River Heights in Neah Bay. Larsen is mortgage banking director and senior vice president for Banner Bank in Bellingham. During the recession he implemented a program called the Great Northwest Home Rush, which matches potential homebuyers with housing contractors. WSHFC said it has created or preserved affordable housing for more than 307,000 people statewide.
Prudential Olympia Realtors has joined Berkshire Hathaway HomeServices and will be called Berkshire Hathaway HomeServices Sound Realtors. Alec Johnston, Arnie Henrickson, Kimberly Rucker and Roberta Rudnick own the brokerage. They said Berkshire Hathaway already has a big presence in Seattle and Portland, and now it is trying to gain more influence in the cities in between the two metro areas. Since its launch in September 2013, Berkshire Hathaway HomeServices has grown to more than 38,000 agents and 1,100 offices in 47 states.
The Washington chapter of NAIOP has chosen YMCA Camp Terry in Preston for its annual community enhancement project. The event will be from 7:30 a.m. to 4:30 p.m. Oct. 3 at the camp, 31112 S.E. 85th Pl. in Preston. NAIOP is looking for sponsors, donations of materials and volunteers for the event. For more information, visit: goo.gl/HxnyFH
Seattle Housing Authority said it has received a $678,000 grant from The Kresge Foundation for an art master plan as part of the redevelopment of Yesler Terrace. SHA will use the money to bring in artists to create and support art projects and programs throughout the neighborhood. SHA will expand an existing partnership with Seattle University to train young filmmakers. A team of faculty and students will evaluate and assess the impact of art in the neighborhood.
Jul 23, 2015
HFF hired Nick Kassab as a director in the Portland office, focusing on office and retail sales in the Pacific Northwest. Kassab has more than eight years of experience in commercial real estate, and last worked at Capacity Commercial Group where he closed nearly $200 million in office and retail transactions. HFF provides real estate services in 22 offices nationwide.
San Francisco-based Hamilton Zanze said it completed 14 transactions in the first half of the year totaling close to $285 million. Four of the acquisitions were in the Puget Sound area, and totaled 480 units. They are: Arbor Square in Olympia, 135 units; Maple Glen in Mountlake Terrace, 106 units; Pointe East in Fife, 124 units; and Aravia Apartments in Tacoma, 115 units. Hamilton Zanze said it owns 87 multifamily properties in nine states with 17,778 units.
Dave Carter has joined Tarragon as a construction manager. Carter has more than 20 years of experience, focusing on multifamily projects for general contractors and developers. He spent 13 years with Carino Homes doing apartments and condos. Tarragon develops residential, industrial, office and retail projects in Washington, California and Nevada.
RLJ Lodging Trust of Bethesda, Maryland, bought Homewood Suites by Hilton Hotel in Lynnwood for $37.9 million. RLJ paid about $223,000 per room for the 170-room hotel at 18123 Alderwood Mall Pkwy. RLJ owns 126 hotels with about 20,800 rooms in 22 states and Washington D.C. It has two other sites that will be converted to hotels.