Dec 09, 2010

Veer Lofts sells out

Vulcan Real Estate, developer of Veer Lofts, says it has sold all the condos in the 99-unit project at 401 Ninth Ave. N. in Seattle. According to public documents, sale prices ranged from $226,000 to $572,000. The average per square foot sales price was $444, according to Vulcan. Matrix Real Estate marketed the condos, which were completed two years ago. Johnson Architecture & Planning designed Veer, and Walsh Construction was the general contractor.

CB Richard Ellis

CB Richard Ellis hired Whitney Haucke to oversee Valuation and Advisory Services in Seattle and Portland. The division's 20 employees provide property valuations, market/feasbility studies, consulting services, rent surveys, site inspections, appraisal reviews and expert testimony.

HomeStreet Bank

HomeStreet Bank will open a new home loan center early next year in Lynnwood at 19405 44th Ave. W. Rich Bennion, residential lending director for the bank, said Seattle-based HomeStreet plans to open more home loan centers over the next 18 months.

Colliers International

Seattle-based Colliers International acquired a controlling interest in The Winbury Group in Kansas City. The firm will operate as Colliers International Kansas City. This is the ninth local commercial real estate firm in the country to be acquired and rebranded by Colliers in the past year, according to CoStar Group. Winbury has more than 100 staff members. The company had been a Grubb & Ellis affiliate.

CBA Real Estate Insights

The Commercial Brokers Association's 14th annual Commercial Real Estate Insights breakfast starts at 7 a.m. tomorrow in the Seattle Grand Hyatt, 721 Pine St. The theme is “Cluster-Based Economic Influences: The Key to Regional Economic Growth and Health.” Speakers are Dr. Corey Casper of the Fred Hutchinson Cancer Research Center, Bill Pettit of R.D. Merrill Co., Allen Shoup of Long Shadows Vintners and John Swanson of Umpqua Bank. Register at commercialmls.com or by e-mailing margec@commercialmls.com or calling (800) 275-2522.

Dec 02, 2010

Flinn Ferguson

Seattle commercial real estate company Flinn Ferguson promoted Matt Hermsen to principal. He will lead the company's presence in the South Puget Sound market. He began his career in 2002 at Flinn Ferguson, which exclusively represents tenants in lease negotiations with landlords.

Skanska

Kris Beason, a project executive in Skanska's Seattle office, has been elected as a director on Commercial Real Estate Women's Network 2001 national board. She is president of CREW's Seattle & Sound Chapter.

Seattle King County Realtors

Claudia Crowell, director of business practices for Seattle King County Realtors, has earned the certified executive designation from the National Association of Realtors for experience, initiative and professional development.

NorthMarq Capital

Bob Spiro of NorthMarq Capital's Bellevue office arranged a $4.28 million first mortgage for Beau Rivage 78, a 78-unit multi-family property in Spokane. Financing was based on a 10-year term with a 30-year amortization schedule. NorthMarq arranged the deal for the borrower through its seller-servicer relationship with Freddie Mac. Earlier this year, NorthMarq helped the owners arrange financing for another project: Beau Rivage 115.

Colliers

Seattle-based Colliers International acquired the majority interest in an Amsterdam-based commercial real estate firm, Boer Hartog Hooft, which will rebrand as Colliers International.

Cole Real Estate Investments

Phoenix-based Cole Real Estate Investments named Mitchell Sabshon executive vice president and chief operating officer. He's in charge of corporate finance activities and will work on portfolio strategy, mergers and acquisitions, asset management and other initiatives. He previously worked at Goldman Sachs. Earlier this year, Cole bought City Center Plaza, an office tower in downtown Bellevue.

McCarthy GMAC Real Estate

McCarthy GMAC Real Estate of Kenmore joined Real Living, and changed its name to Real Living Northwest Realtors. This is the Seattle area's first Real Living franchise. Keoki McCarthy is the broker-owner of Real Living Northwest Realtors.

Keller Williams Realty

Real estate broker Roland Bolman joined Keller Williams Realty's Seattle Metro West Market Center in West Seattle. The office has more than 60 associates.

NAIOP topic: Downtown renaissance

Commercial real estate group NAIOP's Dec. 15 breakfast will feature a panel discussion about what led to the revitalization of Seattle's retail core in the 1990s. Matt Griffin, principal of Pine Street Group, one of the companies involved in the $500 million, three-block redevelopment that was key to downtown's renaissance, will talk about the project's defining moment. Other panelists are former Seattle Mayor Norm Rice and Nordstrom President Blake Nordstrom. Tom Abbott of CB Richard Ellis will moderate. The 7:30 a.m. program will be at the Sheraton Seattle, 1400 Sixth Ave. The program kicks off the NAIOP chapter's new series called Defining Moment. Register at naiopwa.org.

CREW topic: Retailing in 2011

The CREW Seattle & Sound Dec. 9 chapter luncheon meeting will be on “Retailing 2011 and Beyond: How do you intend to capture more business in this current economy?” The panel discussion will be at the Washington Athletic Club, 1325 Sixth Ave., starting with registration at 11:30 a.m. Yves Mizrahi, president for Callison Real Estate Strategies, will be the moderator. The panelists are Richard Ellis, former VP of real estate and store development for Starbucks; Jill Spratt, lululemon athletica; Debra Coates of T-Mobile and J'Amy Owens of Bill the Butcher. For more information or to register go to http://www.crewseattle.org.