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May 05, 2011
Kidder Mathews is partnering with Northwest Energy Efficiency Alliance to develop energy standards and tools for its property management business. NEEA will later offer them to other Northwest firms. The goal is to improve internal operations and understand how sustainability affects the business. NEEA is supported by public and private utilities in Washington, Oregon, Idaho and Montana.
Offers Network of Duvall has a new mobile application, viewalisting.com, that lets buyers find a property through a multiple-listing search and by connecting with brokers, and share feedback on listings with others in real time. It is free and available on any web-enabled device. Viewalisting tracks shopper's interest and provides real-time information for real estate professionals. Torrey Russell, Offers Network's CEO, said in a prepared statement, “Meeting with clients at the office and going out for a drive around to see properties has become a thing of the past.”
The 21st annual Washington state conference on ending homelessness is May 11-13 at the Three Rivers Convention Center in Kennewick. The Washington State Coalition for the Homeless presents the conference with the Washington State Low Income Housing Alliance and Building Changes. Speakers include Ken Kraybill of the Homelessness Resource Center, Fred Karnas of the U.S. Department of Housing and Urban Development and Rachael Myers, executive director of the state Low Income Housing Alliance. Register at endhomelessnesswa.org.
Apartment development is the topic of Commercial Real Estate Women Seattle & Sound's May 12 lunch at the Washington Athletic Club in Seattle. It starts at 11:30 a.m. Developers Doug Daly of Harbor Properties and Tom Parsons of Holland Development and architect Blaine Weber of Weber Thompson will talk about the market, design and other subjects. Register at crewseattle.org.
The next local NAIOP breakfast and spring seminar is at 7:30 a.m. May 18 at the Grand Hyatt Seattle. Bill Pollard of Talon Real Estate Capital, Richard Leider of Trinity Real Estate, Jonas Sylvester of Unico and other experts will speak. Topics include positioning properties to maximize value, cost analysis and renovation. Four Washington real estate continuing education credits will be awarded for attending the seminar. Register at naiopwa.org.
Apr 28, 2011



David Dufenhorst, Security Properties' managing director of Income Properties, is now also chief investment officer and will focus on acquiring multifamily properties. John Gleason is now managing director of Asset Management, and Jason Book-Symons is now director of Investments. Security Properties recently has acquired five U.S. apartment communities with 665 units and valued at approximately $80 million. This year, the company is targeting nearly $150 million in acquisitions. Security Properties has nearly 64,000 units in more than 40 states.


Derrick Urquhart joined Kidder Mathews' Tacoma office, where he specializes in industrial leasing and sales. Urquhart was the manager of industrial real estate at the Port of Tacoma, where he led acquisitions worth more than $180 million. He began his career at Schuler Properties. Ryan Haddock joined the Olympia office as an associate vice president, specializing in retail leasing and sales, and land development. He was with Pacific Real Estate Partners and Sound Advisors in Olympia.
Six members of the Washington State CCIM Chapter earned the Certified Commercial Investment Member designation from the CCIM Institute: Chad Anderson, Chad Anderson Group; Chad Gleason, Gleason & Co.; Matthew J. Geise, Phillips Real Estate Services; Michael Armanious, KW Commercial; Christopher Napier, Foster Pepper; and Jason Wilcox, Re/Max Eastside Brokers.
Raymond James Tax Credit Funds and Nationwide are providing nearly $10 million in Low Income Housing Tax Credit for a project in Kirkland. Francis Village Apartments will have 61 units, 75 percent of them for formerly homeless people under the set-aside requirements of the Washington State Housing Finance Commission. The first phase will be a five-story building with studio, one- and two-bedroom units. Social service providers will offer training and coaching services to tenants. Saint Andrew's Housing Group is developer. It has developed 10 properties in King County.
The 520 Pike Tower is LEED gold certified, according to building owner Tishman Speyer. Fixtures in the 29-story Seattle building were replaced, reducing water costs by 36 percent. Other changes will result in annual electricity savings of 100,000 kilowatt hours. Tishman Speyer expects payback in less than three years.
Three lenders with offices in Seattle are among 18 selected for a two-year pilot program that offer qualified borrowers low-cost loans backed by the Federal Housing Administration to make energy improvements to their homes. They are Enterprise Cascadia, HomeStreet and Paramount Equity. PowerSaver loans will offer homeowners up to $25,000 for insulation, duct sealing, new doors and windows, HVAC systems, water heaters, solar panels, and geothermal systems.
Sustainable development expert Ed McMahon will speak at 6:30 p.m. today at Envision Skagit 2060 at Lincoln Theater, 712 S. First St. in Mount Vernon. McMahon is a senior resident fellow at the Urban Land Institute, and will talk about how residents can identify and protect what they value in their communities. He'll also talk about how to create mixed-use town centers and expand sustainable tourism. The event is free. More information is at http://www.skagitcounty.net.
The Real Estate Investment Forum is at 1:30 p.m. May 6 at the Bellevue Hyatt Regency. Panelists are: Scott Baklenko of Triad Capital Partners; Bill Pollard, Talon Private Capital; Martin Stever, Pacific West Land; Campbell Kidd, Red Hills Acquisitions; Richard Gollis, The Concord Group; and Todd Gooding, Scanlan Kemper Bard. They'll discuss trends and investment opportunities, including credit markets, short sales and land development. The cost is $45 for pre-registration and $60 at the door. Register at investmentforum.org or by contacting Nathan McDonald at Nathan@investmentforum.org or (206) 255-8870.