Apr 21, 2016

Wallace hires John Rochford

Wallace Properties added John Rochford as a vice president focused on office and industrial leasing. Rochford brings 28 years of experience in real estate and technology. He last worked at Coast Sperry Van Ness, and began his real estate career in the Baltimore/Washington, D.C., area in 1988, before moving to Seattle in 1992 and working in the technology industry for 13 years. In 2005, he joined NAI Puget Sound Properties. Wallace Properties is based in Bellevue, and offers brokerage, investment, development and property management services.

HomeStreet forms real estate division

Seattle-based HomeStreet Bank promoted Bill Endresen to lead a new division that combines the firm's commercial real estate lending and operations teams. Endresen replaces Randy Daniels, who the bank said left to pursue other interests. Endresen joined HomeStreet in March 2015 as executive vice president of the commercial capital division, which provides loans up to $10 million for multifamily, office, retail and industrial properties. HomeStreet was founded 96 years ago, and offers construction loans, residential and commercial mortgages, as well as banking, insurance and investment services.

Minar joins Columbia Pacific

Vera Minar is the new chief investment officer of Columbia Pacific Wealth Management, and will oversee strategy for Columbia Pacific Advisors, an affiliated company that is developing projects in Seattle. Minar was a director of Stanford University's endowment, helping grow it from $14 billion to $25 billion. Columbia Pacific Wealth Management and Columbia Pacific Advisors are part of a group of companies. Columbia Pacific Advisors manages more than $1 billion in alternative investment strategies, including real estate. Columbia Pacific Advisors is developing a 24-story senior care community on First Hill and a 16-story apartment tower with a Whole Foods Market on Capitol Hill.

$19M refinance for Coug Housing

Ron Peterson and Scott Gilson of NorthMarq Capital's Seattle office arranged $19.23 million to refinance Coug Housing Portfolio, a 367-unit student housing property near Washington State University in Pullman. The portfolio includes 13 non-connected parcels near WSU. The refinance allowed the owner to pull three undeveloped parcels out of the portfolio. NorthMarq Capital has 36 offices across the country and a loan portfolio of more than $47 billion.

Apr 14, 2016

Pillar Properties

Pettit

Billy Pettit has been named president of Pillar Properties after serving as senior vice president for five years. Pettit also leads strategic growth efforts for sister company Merrill Gardens and has been involved in developing over 3,700 units of senior housing. Pillar Properties is a multifamily developer, owner and manager whose properties include The Wave and The Nolo at Stadium Place in Pioneer Square; The Lyric on Capitol Hill; The Corydon in the University District; The 101 in Kirkland; and The Meyden in Bellevue.

First American Title

St. George

Donna St. George, formerly Donna Koerber, has joined First American Title's national commercial services executive team as managing director of the Northwest region, which includes Washington, Oregon, Idaho, Montana and Wyoming. She will continue to serve as underwriting counsel and manager of the national commercial services office in Seattle.

HUD Northwest

Housing and Urban Development Secretary Julian Castro named Donna Batch Northwest regional administrator for Alaska, Idaho, Oregon and Washington. Batch is now the acting regional administrator. She is HUD's chief liaison to state and local officials, congressional delegations and other stakeholders, and works with 56 housing authorities; 227 tribes and Alaskan native villages; 59 state, county and local governments; and 400 projects serving the homeless.

Gateway Mortgage Group

Gateway Mortgage Group hired Sean Cramer in the Bellevue branch. He will work with homebuyers, Realtors and others.

Rotella Gallery

Rotella Gallery will open a fine art and photography gallery in Bellevue Square April 18. Founded by Robert P. Rotella, the first Rotella Gallery opened at Palazzo in Las Vegas in 2012 and another opened in 2013 in New York City's SoHo area. The Bellevue gallery will be between Center Court and Macy's on the first level.

Coldwell Banker Bain | Seal

Coldwell Banker Bain | Seal was named a top power broker in RISMedia's 28th Annual Power Broker Report, ranking 13 out of 500 with sales of over $6 billion. Bill Riss is CEO and owner of CB Bain | Seal, which says it is the 17th largest real estate company in the country, with 31 offices in Washington and Oregon.

Club Champion

Chicago-based Club Champion, which fits and builds golf clubs, has opened a store at 10622 N.E. 10th St. in Bellevue. The store has indoor hitting bays with launch monitors for analyzing performance and a shop for assembling golf clubs.