Mar 21, 2013

Wood Partners

Yoon

Steve Yoon has joined Wood Partners' Northwest regional office as vice president of development. Yoon was a senior development manager for Harbor Urban in Seattle and its predecessor company, Harbor Properties. He managed several construction projects and stabilized residential assets. He has eight years of experience in the real estate industry. Atlanta-based Wood Partners started 5,000 units in 21 complexes nationwide last year. In Seattle, Wood is building a 27-story, 298-unit complex at 225 Cedar St. in Belltown. Wood Partners said it hopes to break ground on a second project in the Puget Sound region this year.

Valbridge Property Advisors

Bellevue-based Allen Brackett Shedd has merged with 41 other appraisal firms to form Valbridge Property Advisors. The new company says it is one of the three largest commercial real estate valuation and advisory firms in the country. Murray Brackett, Darin Shedd and Greg Goodman lead the Bellevue office. Valbridge is based in Naples, Fla., and it has 600 staff members in 59 locations.

Churchill Mortgage

Churchill Mortgage will open its first branch in Washington with a location in Gig Harbor. Tane Cabe, who has more than 20 years of experience in the industry, will run the new office. Cabe was the managing director at Security One Lending, and managed his own mortgage company for 11 years. Churchill Mortgage is based in Brentwood, Tenn., and has branches in 26 states.

Vulcan

Vulcan Real Estate announced two fitness companies, Heroics and The Fitness Outlet, are moving into its properties in South Lake Union. Heroics will open this summer at 2200 Westlake Ave. N., offering personal training and life coaching services. It has been in Bellevue since 2008. The Fitness Outlet has opened at 251 Yale Ave. N. in the Alley24 building. It sells treadmills, elliptical trainers, pilates equipment and weight machines. The South Lake Union location is the company's seventh store, with two in California and four others in Washington, including Bellevue and Tacoma.

Mar 14, 2013

Kidder Mathews

Guenther

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.

Aegis Living

Newell

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

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

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

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.