Jan 28, 2010

BOMA

Earl Wayman, senior property manager for GVA Kidder Mathews' Bellevue office, won the Outstanding Service Award from the Building Owners and Managers Association of Seattle-King County for 2009. Wayman is a board member and was selected to join the BOMA Executive Committee. He also chairs the Education Committee.

GVA Kidder Mathews

Shelley Ryan, a property manager with GVA Kidder Mathews' South Seattle office, has been awarded the Real Property Administrator designation by the Building Owners and Managers Institute. It requires completing eight courses, and three years of property management experience.

Keller Williams

Shari Blackwood, a real estate associate broker in Seattle, joined the Keller Williams Realty Seattle Metro West Market Center as CEO and team leader. She has a background in real estate and business development, and more than 15 years of experience in the corporate relocation industry. The office is on California Avenue Southwest and has 68 associates.

Seattle Mortgage Bankers Association

The Seattle Mortgage Bankers Association's next dinner meeting is Feb. 23 at the Broadmoor Country Club. Joe Garrett and Mike McAuley from Garrett, Watts & Co. will be the main speakers, talking about trends in mortgage lending. The next Income Property Lunch will be March 2 at the Washington Athletic Club. The topic: “Financing Alternative Available to You and Your Borrower — MAP (Multifamily Accelerated Processing,” with a panel moderated by Tom Peters of CW Capital that includes Renee Greenman, director of the multifamily hub for HUD; Raelee Jones, Wells Fargo; and John Taylor of CB Richard Ellis. For information go to http://www.seattlemba.org.

Washington Mortgage Professionals

The Washington Association of Mortgage Professionals named its 2010 board of directors: President Craig Goebbel, Cascade Pacific Mortgage; President-Elect George Charles, LoanCentral; Vice President Marty Lough, Cascade Pacific Mortgage; and King County Chapter President Mike Young, Cascade Pacific Mortgage.

RHA Economic Forecast Feb. 3

The Rental Housing Association of Puget Sound will hold its Economic Forecast Breakfast Feb. 3 from 8 to 10:30 a.m. at the Red Lion Hotel in Bellevue. Cost is $30 and includes breakfast and parking. The speaker will be Jim Hebert of Hebert Research Institute. To register go to http://www.rha-ps.com. Hebert will look at trends affecting the rental housing industry, including vacancy rates; employment, revenue and wage indexes; population growth; building permits; and forecasted home sales/prices. For information contact Holly Clausen at (206) 905-0605.

John L. Scott Real Estate

John L. Scott Real Estate said Brigitte Pascutoi will be the new managing broker in the Issaquah office. She has more than 20 years in real estate and experience as a business coach and real estate trainer. Pascutoi returns to John L. Scott after working with Keller Williams where she served as a team leader, productivity coach and associate broker.

Jan 21, 2010

Queen Anne apartments sold

The Edge Apartments, a 21-unit property at 620 Ward St. on Queen Anne, sold for $3.82 million, according to GVA Kidder Mathews. That is $181,905 per unit, representing a 5.88 percent CAP rate on current income. Marty Leith, Eric Davis and Ron Davis with GVA Kidder Mathews represented the seller, a limited liability company. The California buyer was in a 1031 exchange.

Lane Powell

Lane Powell is offering a breakfast program called “2009 Year In Review for the Built Environment: Looking Back to Plan Ahead” on Jan. 27. It will look at the design, construction and environmental industries in light of the economic slowdown, regulatory issues and important legal decisions, with a panel of attorneys from the firm's Construction and Environmental Practice Group. The event starts at 7:30 a.m. with registration and a breakfast. It will be held in the US Bank Centre, 1420 Fifth Ave. Cost is $20 if you prepay online or $25 at the door. For information contact Lani Holmes at (206) 223-5496 or holmesl@lanepowell.com.

Enterprise Community Partners

Enterprise Community Partners named M.A. Leonard vice president and Impact Market leader for the Pacific Northwest. Enterprise said it has invested more than $1 billion in community development in the past 20 years in Washington and Oregon, most of that in low-income housing tax credits for rental properties. Leonard worked as a consultant to community development groups working on affordable housing in Oregon and Washington. She was regional vice president with the National Equity Fund, and managed acquisition and portfolio activities in Washington, Oregon, Idaho, Montana, Wyoming, Utah, Colorado and Alaska.

NAIOP South Sound forecast Feb. 4

The sixth annual NAIOP South Sound Real Estate Forecast Lunch will be held Feb. 4 in the Tacoma Convention Center. Attendees will get tips and predictions from south sound developers. Lynn Michaelis, formerly chief economist for Weyerhaeuser, will speak and Mike Ruhl will moderate the panel: Jeff Lyon, GVA Kidder Mathews; Ted Johnson, Simon Johnson; Jeff Davis, Davis Property & Investment; and James Bach, CBRE Melody Capital Markets. It starts at 11 a.m. with registration. Cost is $35 for members and $50 for non-members. To register go to http://www.naiopwa.org