Aug 20, 2015

New president at Associa EMB

Bellevue-based Associa EMB Management named Nicole Washington president. Washington was national training director for a real estate firm in Dallas. Washington has more than 18 years of experience in real estate with an emphasis on apartments, condos and single-family rentals. Associa EMB Management is an affiliate of the Dallas-based housing management company Associa, which has more than 9,000 employees in 170 offices in the U.S., Mexico, Canada, United Arab Emirates and South Africa.

NAIOP offers Point Ruston tour

On Sept. 10, the Washington chapter of NAIOP will offer a tour of Point Ruston, a 97-acre site along the Tacoma-Ruston waterfront that could eventually house up to 3,000 people. Two million square feet of shopping, entertainment and recreation space are planned. The tour begins at 3:30 p.m. at Copperline Apartments, 5005 Ruston Way. For more information, or to register, visit: https://goo.gl/lbLaqo

Candalla new ED for Wesley Homes

Candalla

Alexander Candalla has been named executive director of Wesley Homes Des Moines, a senior housing provider. He will oversee redevelopment of the 45-acre campus. Today it has three apartment buildings, units for independent and assisted living, and a skilled nursing and rehab center. Candalla was executive director of a retirement community in California. Wesley Homes was founded in 1944 and is affiliated with the Pacific Northwest Conference of United Methodist Church. Wesley Homes operates a senior housing complex in Auburn and provides home health services.

Aug 13, 2015

Berkadia works on Colorado deal

Photo courtesy of Berkadia [enlarge]

Louis Weisman, managing director of Berkadia's Seattle office, secured $26.3 million in financing for two apartment properties in Colorado Springs, Colorado. Epernay Apartments and Quail Run Apartments were built in 1985 and total 360 units. The 10-year loans are for FW Group of Mercer Island through Berkadia's Freddie Mac Program. Entities related to FW Group acquired the properties in 2008 for $25.8 million.

CCIM speaker will be Jeff Johnson

Jeff Johnson, president of Spokane-based Black Commercial, will speak at CCIM Institute's Washington State Chapter luncheon Sept. 9 at Seattle Yacht Club, 1807 E. Hamlin St. Johnson has worked in real estate for more than 35 years and his company is one of Spokane's largest commercial real estate and property management firms. For more information, or to register, visit: http://goo.gl/LYNsRL

Seminar on development agreements

Law Seminars International will hold an all-day conference Sept. 25 at Seattle's Hotel 1000 on development agreements. It will cover the legal basics of agreements as well as financing, maintenance and foreclosure issues related to CC&Rs, which are restrictions put in place by a builder, developer, or homeowners association. For more information, or to register, visit: http://goo.gl/fRsWdF

Dylan Welch joins JLL industrial team

Welch

Dylan Welch has joined Jones Lang LaSalle's Bellevue industrial team as an associate on the tenant portfolio. Welch recently graduated from Washington State University with a degree in economics and interned at Enterprise Holdings. JLL has more than 230 offices in 80 countries and employs 58,000 people.