Feb 21, 2019
Kinzer Partners has hired Jena Thornton, who'll join the capital markets team to build the firms hospitality practice. The 25-year industry veteran led her own firm, Magnetic ERV. Craig Kinzer said in a statement, “Jena's experience across all aspects of the hospitality industry gives her a competitive advantage in the field that's hard to match.”
Seattle-based Indigo Real Estate Services has a new president: Chris McEver. He was vice president. McEver will oversee the multi-family property management firm, and focus on new opportunities in luxury high-rise, metro and suburban market-rate housing, as well as affordable housing for low-income and senior households. Indigo employs 324 people and manages 87 complexes with 10,948 units in Washington, Hawaii, Illinois and Montana. Indigo said it will open six new projects this year with 1,403 units.
CREW's March 14 luncheon will start at 11:30 a.m. at Motif, 1415 Fifth Ave. in Seattle, and the topic is “The Evolution of Modern Tech Space.” Lori Noto of Sugar Mountain will moderate the panel: Tony Castillo of BNBuilders, Julia Park of Google, Susana Covarrubias of Gensler and Laura Lohman of Seneca Group. Companies want a creative environment that inspires people, and makes them happy and productive. The panel will talk about the how tech workplaces have changed in the Seattle area and what's next. On March 27, the South Sound Luncheon will be held at Hotel Murano in Tacoma, with a panel talking about specific projects and Tacoma's future growth. Register at http://www.crewseattle.org.
Feb 14, 2019
The 75th annual Seattle Home Show runs Feb. 23 through March 3 at CenturyLink Field Event Center. Displays will include home tech, tiny houses, Habitat for Humanity, remodeling and more. SHS executive director Mike Kalian said in a statement, “Seattle Home Show is the largest single gathering of the Northwest's top building professionals open to the public.” Details and info: SeattleHomeShow.com.
Seattle Housing Authority
Seattle Housing Authority's board has approved the acquisition of up to 500 units of affordable housing. Rents will be restricted to people earning between 10 and 80 percent of area median income. The acquisition includes last November's $15 million purchase of the 69-unit Spring Lake Apartments in Lake City. Three other properties are under contract — one in North Seattle, and two in Southeast Seattle — bringing the total to 331 units. SHA says that, after renovations, some rents may actually decrease. SHA currently has about 8,000 units and 400 properties in its portfolio, which serves about 35,000 residents.
Curious about joining NAIOP? Here's your chance to meet current members at a no-pressure cocktail hour. It begins at 4:30 p.m. Tuesday, March 5 at Coughlin Porter Lundeen's offices in the Norton Building, 801 Second Ave. Details and registration: naiop.org.