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Jan 17, 2013


Texas-based Keller Williams Realty hired Realtors Kris Murphy and Daniela Dombrowski in its Seattle/Wallingford office. Both received recognition as top producers during their tenure at John L. Scott from 2006 to 2011. Keller Williams Realty is the second-largest real estate franchise operation in the United States.

Joan Probala, a managing broker at Windermere Real Estate's Issaquah branch, will be the 2013 president of the Seattle King County Realtors. Probala is vice chair of the Issaquah Planning Policy Commission, chair of the Issaquah Arts Commission, and survivor chair for the Issaquah Relay for Life. She is a past president of the Issaquah Chamber of Commerce and Issaquah Kiwanis. Vice presidents of the realty group include Tyler McKenzie and William O'Brien of John L. Scott Real Estate and Patti Hill of Windermere Real Estate.
Jones Lang LaSalle brokers Stuart Williams, managing director, Laura Ford, senior vice president, and David Abbott, vice president, are the new leasing agents for 1201 Third Avenue. Clarion Partners and MetLife bought the downtown office building for $549 million last fall. According to officespace.com, the building has more than 1.1 million square feet, with 266,918 square feet available.
The Cross Institute is offering a workshop for real estate instructors Jan. 29 and 30 in Bellevue, and March 6 and 13 in Marysville. Participants can brush up on presentation skills, earn qualifications and get 15 clock hours of continuing education credit. Day one runs from 9:30 a.m. to 5 p.m., and day two is 9:30 a.m. to 3 p.m. Cost is $249. The Cross Institute is a certified real estate school and a division of Carla Cross Seminars. For more information visit: http://bit.ly/XNAsHP
National Association of Realtors Chief Economist Dr. Lawrence Yun will speak at the Washington Realtors Legislative Day Jan. 23 at the Olympia Red Lion Inn. More than 300 members will meet with legislators as part of the event. Dr. Yun prepares forecasts and reports for the national organization. For more information, contact Barbara J. Lally at 360-561-4848.
Jan 10, 2013
Seattle-based Security Properties teamed with Real Estate Capital Partners of New York to purchase Redwood Park, a 156-unit apartment complex in Santa Rosa, Calif., for $24.5 million. This is the 13th purchase the company has made using its multifamily fund. Security Properties said it has made investments in properties worth $270 million since mid 2011 using the fund. Security Properties will upgrade the complex, which was built in 1986, and use its inhouse property management company, Madrona Ridge Residential. Security Properties said it has bought and developed 66,651 units at a cost of $3.35 billion. The company has sold 50,494 units valued at more than $2.75 billion.
The Washington chapter of NAIOP will hold its ninth annual South Sound Economic Forecast at 11 a.m. Jan. 31 in Tacoma at the Greater Tacoma Convention and Trade Center. Dr. Lynn Michaelis will give a 2013 forecast for commercial real estate and moderate a panel tackling the question “How optimistic should we be?” Speakers will discuss multifamily, industrial and investment property. Cost is $35 for members and $60 for nonmembers. For more information, visit http://bit.ly/WtAspD