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Mar 14, 2013

Gary Guenther, senior vice president and office specialist with Kidder Mathews, has been awarded the Society of Industrial and Office Realtors designation. The SIOR designation recognizes achievement, knowledge and ethical standards in the industry. Earning it requires more than five years of experience and recommendations. Guenther has been with Kidder Mathews since 1994. He also worked with the real estate affiliate of the Singapore government.

Redmond-based Aegis Living has hired Dr. Shirley Newell to be the company's first chief wellness officer and medical director. Newell has 30 years of experience with an emphasis on geriatric and internal medicine at the University of Washington, Providence Medical Center and Good Samaritan Hospital. She was most recently medical director at Symetra Financial. Newell will also serve on the executive steering committee. Aegis owns 28 assisted-living communities in Washington, California and Nevada.
CBRE was the highest-ranked commercial real estate company in Fortune magazine's Most Admired Companies list for the third consecutive year. It was also named the top commercial real estate brand in Lipsey Co.'s annual brand survey for the 12th consecutive year. Los Angeles-based CBRE said it is the largest commercial real estate firm in the world in terms of revenue. It has 37,000 employees in more than 300 offices worldwide.
Prudential Mortgage Capital Co. of Chicago provided a $125 million, 12-year loan to AEW Capital Management to refinance the West 8th building, which AEW bought for $278.7 million last November. Touchstone Corp. sold the 498,893-square-foot building at 2001 Eighth Ave. Prudential is a commercial and multifamily mortgage finance business with more than $72.6 billion in assets.
EMB Management, an Associa company, has named Janelle Fenton director of marketing and operations. Fenton will create, manage and track marketing projects in the Bellingham office. She previously worked in business development for a nonprofit in Atlanta. EMB provides community association management and development services.
Mar 07, 2013



Heartland, LLC, a real estate advisory and investment firm based in Seattle since 1984, said Deva Dawson, Chris Fiori and Doug Larson joined Jim Reinhardsen, Jeff Cook and Matt Anderson as principals effective Jan. 1. Dawson has been with Heartland since 2010 and is a senior investment manager in the Capital Markets Group. Fiori joined Heartland in July 2005 and is a senior project manager in the Public and Private Advisory Groups. Larson has been with the company since 2006 and is also a senior project manager in the Public and Private Advisory Groups.
Seattle-based mortgage lender HomeStreet Bank has opened its first California office in Pasadena. The lending center will be managed by Rob Levy. He was with Wells Fargo, and was the top seller of home loans nationwide in 2011 and the top producer in Southern California from 2008 to 2012. Levy will lead a staff of six brokers and assistants. HomeStreet Bank is 92 years old and has 22 retail branches and 26 lending centers in the Pacific Northwest, Hawaii and California. The company says it is the second most prolific mortgage loan producer in the Puget Sound region behind Wells Fargo.
The Department of Planning and Development and Office of Housing is organizing an advisory group to review the city's low-income housing incentive programs. Tom Tierney, former executive director of Seattle Housing Authority, will chair the committee. The committee will weigh in on renewal of the Multifamily Tax Exemption program, recommend changes to low-income housing zoning incentives and look at adjusting the amount developers pay in lieu of providing low-income housing on site. Other members of the advisory group will be announced in the coming weeks.
A conference called “For sale by owner: What you need to know to sell your home” will be offered April 10 in Seattle by The Seminar Group. The single-family home sector is finally turning around, and the conference will show sellers what it takes to market homes today. A panel will go over all the steps in selling a home. The event begins at 9 a.m. at the Washington State Convention Center. For more information, visit: http://bit.ly/13FfLA8
The Las Vegas Hotel & Casino — which recently jointed Spokane-based Red Lion Hotels' Leo Hotel Collection — is available for reservations through RedLion.com or 1-800-RED-LION. The 2,956-room hotel has 200,000 square feet of meeting space, a spa, an outdoor pool, tennis courts and access to a private golf course.