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Aug 08, 2005
Houtchens
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Callahan
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Hanley
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Aug 04, 2005
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Uusitalo
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Shephard
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Berg
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KeyBank Real Estate Capital has launched Key Commercial Mortgage Direct, a loan program aimed at individual investors seeking to purchase commercial property ranging from $600,000 to $6.5 million. Over the next 18 months, Key's goal is to originate $500 million in loans through the program. Targeted property types include office, retail, multi-family, mobile-home park, self-storage, warehouse, industrial and mixed-use. Loan sizes will range from $500,000 to $5 million.
Vulcan Inc. and Pemco Insurance hired Seattle-based HSC Real Estate to manage the residences of Alley24, now under construction in the South Lake Union neighborhood. Vulcan and Pemco are joint venture partners. The project has 172 apartments, 185,000 square feet of office and 28,000 square feet of retail and restaurants. HSC, which manages more than 20,000 apartment units in the Northwest and California, will begin pre-leasing the apartments early next year.
Christian McLaughlin, a former pilot with Alaska Airlines and the U.S. Navy, is a new sales associate at Windermere Real Estate's Queen Anne office.
The National Association of Industrial and Office Properties is seeking nominations of individuals and projects for the local chapter's annual awards program. Categories are Developer of the Year, Industrial Deal, Industrial Development, Office Deal, Office Development, Redevelopment/Renovation, Sustainable Development, and Technology Space Development, which covers biotech, high-tech and flex-tech. The deadline for nominations has been extended to Aug. 12. Awards will be announced at the chapter's Nov. 4 Night of the Stars in Seattle. For details see the Night of the Stars link under events at www.naiopwa.org or call (206) 382-9121.
The Downtown Seattle Association is hosting a breakfast forum about how the city plans to manage and coordinate a decade of transportation construction. Grace Crunican, director of the city's Department of Transportation, and consultant Alinda Page will speak at the 7:30 a.m. Wednesday forum at the Grand Hyatt, 721 Pine St. It's $35 for DSA members and $45 for others. Register at downtownseattle.com or call (206) 623-0340.
Registration is open for the National Association of Industrial and Office Properties' national convention Oct. 18-21 in Hollywood, Fla. Journalist Bob Woodward is the keynote speaker. Registration before Sept. 15 costs $955 for NAIOP members. Register at www.naiop.org.