Sep 09, 2004

John L. Scott

John L. Scott Real Estate, Reserve Tristar and Pacific Land Investment donated $360,000 to Seattle Children's Hospital and Regional Medical Center. Admissions from this summer's Quality Street Showcase of Exceptional Homes tour went to the hospital. Agent Robin M. Tomazic of the Burien office has been awarded the Accredited Buyer Representation designation by the National Association of Realtors' Real Estate Buyer's Agent Council. Bill Blanchard and Jeannette Lim are new agents at John L. Scott's Bellevue Place office.

Hendricks & Partners

Following up on its record deal several weeks ago, Grosvenor Capco Limited of Vancouver, B.C., bought the 90-unit Chateau Creste apartments, 12062 Slater Ave. N.E., Kirkland for $7.55 million from Chateau Holdings LLC of Puyallup. Tim Ufkes of Hendricks & Partners handled the sale. Grosvenor made its first Puget Sound-area investment last month when it bought the Chelsea at Juanita Village, a mixed-use project in Kirkland. It paid $41.5 million for the residential portion that includes 196 units. The $211,735 per-unit price set an Eastside record.

Gubernatorial forum

NAIOP and the Washington Construction Industry Council are hosting a gubernatorial forum at 7:30 a.m. Sept. 22 at the Grand Hyatt, 721 Pine St., Seattle. Republican Dino Rossi and the winner of the Christine Gregoire-Ron Sims Democratic primary will speak. Cost is $30 for National Association of Office and Industrial Properties members and $45 for others. Reservations are due by noon Sept. 17 at www.naiopwa.org or by phoning (206) 382-9121.

CREW Seattle

CREW Seattle's annual Rooftop Soiree is at 6 p.m. Sept. 23 at Cairncross and Hempelmann's office, Suite 500, 524 Second Ave., Seattle. Cost is $30. Reservations are due by 5 p.m. Sept. 20 and can be made by phoning Commercial Real Estate Women at (206) 417-5580, writing info@crewseattle.org or at www.crewseattle.org.

Bellevue Downtown Association

Commercial real estate experts will discuss how to make downtown Bellevue's office market less volatile at the Bellevue Downtown Association's 7:30 a.m. Sept. 28 breakfast at the Seastar Restaurant & Raw Bar, 205 108th Ave. N.E.Jim DeLisle, chairman of the UW's Runstad School of Real Estate, will moderate a discussion by David Lindahl of Kennedy & Associates; Susan Sigl of Seapoint Ventures; Jim Melby of Kemper Development; and Allyn Close of Symetra Financial. Cost is $25 for DBA members and $30 for others. Reservations are required (425) 453-1223.

Sep 02, 2004

Kennedy Associates Real Estate Counsel

Robert A. Ratliffe is Kennedy Associates Real Estate Counsel Inc.'s new senior vice president — capital markets. He will be responsible for developing new business relationships with institutional investors and capital sources across the country, as well as serving existing clients and their consultants. He joined the Seattle-based institutional real estate investment adviser a year ago. Previously, he was a principal at Eagle River Investments, a private equity fund that Craig McCaw formed to invest in telecommunications.

MILA

Schwed

Taylor

MILA Inc., a Mountlake Terrace-based wholesale mortgage banking company, appointed Douglas Schwed general counsel. The Gonzaga University School of Law graduate has more than 20 years experience as a lawyer. MILA appointed Mike Taylor, who has 30 years of industry experience, as manager of its loan servicing department. He previously came from Citigroup, where he was the vice president of loan servicing.

City of Tacoma

Developers have until 5 p.m. Sept. 25 to apply for $4.6 million worth of federal tax deductions for projects in Tacoma's Renewal Community Zone. It includes most of downtown, the port area and part of the Eastside. Projects must be job creators and be new construction or substantially rehabilitated structures. Tacoma has received an annual allocation from the U.S. Department of Housing and Urban Development after it was named one of 28 national renewal communities in 2002. Applications can be obtained by e-mailing Shari Hart at shart@cityoftacoma.org or phoning (253) 591-5208.

Federal Home Loan Bank of Seattle

The Federal Home Loan Bank of Seattle has filed an application with the Federal Housing Finance Board to purchase mortgage securities from its cooperative bank members and re-sell them to bank system members, other Federal Home Loan banks and investors outside the system. Bank officials say that if the application is approved, it would give the bank a greater role in offering a secondary market alternative for mortgages. It would also enable the bank to more effectively manage financial risk.

John L. Scott

Shaw

Patty Shaw has been appointed John L. Scott's director of Washington Residential Administration. The company's Belltown office, now called the Seattle Center office, has moved into a larger location at 2601 Fourth Ave. The Sammamish Plateau office has seven new agents: Diane Kooy, Dora Krupanics, Tran Tran, Carol Brooks, Samantha Flynn, Alice Friess-Thompson and Holly Harvey-Smith. Debbie Custer has joined the Laurelhurst office.

Quadrant Homes

Quadrant Homes promoted Lindsay Waymire to merchandising manager, Amy Kennedy to new home showroom manager and BreAnn Kraetsch to sales operations manager. The company hired Jennifer Peroyea as budget administrator.

Bedford Properties

Bedford Properties Investors acquired the Phoenix Technology Center, a two-building, 196,501-square-foot office property in Arizona, for $31 million, or $159 per square foot. Bedford is a California-based real estate investment trust that has office and service center/flex holdings in the Puget Sound region.