Apr 09, 2019

Carney Badley Spellman

Tribe

Sidney Tribe joined Carney Badley Spellman in Seattle as a principal attorney. Tribe concentrates her legal practice in appellate law.

HomeStreet Bank

Seattle-based HomeStreet Bank is selling its single-family mortgage origination business to Homebridge Financial Services. The deal includes up to 50 stand-alone, satellite and fulfillment offices; and offers of employment to HomeStreet's related personnel. HomeStreet expects the deal to be inked by summer. The bank also sold about 71% of its single-family mortgage servicing rights to New Residential Mortgage and PennyMac Loan Services; and approved a $75 million stock repurchase program. The bank is reducing its reliance on the cyclical and volatile earnings stream of single-family mortgages and focusing on more stable earnings from commercial and consumer banking.

Brightmark Energy

Brightmark Energy, a San Francisco-based waste and energy development company, launched a biogas project in Yakima County that includes a new pipeline. The plant will convert 150,000 gallons per day of dairy waste from up to 7,000 cows, resulting in annual production of 160,000 MMBtu of renewable natural gas — the equivalent of 1.4 million gallons of gasoline. The project team includes Augean Renewable Natural Gas, Promus Energy and DeRuyter Dairies. Brightmark is managing the joint venture and Promus is the project manager. Production could start later this year.

UMC

Stone

Dale Stone was promoted to director of the Building Automation & Controls Division at University Mechanical Contractors. Stone has over 35 years of industry experience. Mukilteo-based UMC provides mechanical design and construction, energy services and facility maintenance.

The Walsh Group

Kline

In Seattle, The Walsh Group hired Ryan Kline as senior project manager. Kline has 15 years of construction experience, with a focus on high-rise, high-end interior and shell-core expansion. He comes from Howard S. Wright, a Balfour Beatty company. At Walsh, he is working on preconstruction for a private student housing project in Seattle's University District.

Inland Northwest AGC

Inland Northwest AGC won an AGC in the Community chapter award from AGC Charities, the charitable arm of the Associated General Contractors of America. The Spokane-based chapter was cited for establishing the Head Start to the Construction Trades pre-apprenticeship program.

Apr 05, 2019

Peoples Bank

Bellingham-based Peoples Bank hired Cliff Kraushaar and Patrick Kennedy as vice presidents and commercial banking officers. Kraushaar is working in the Mill Creek office. He has over 25 years of experience in financial services. Kennedy is based on Whidbey Island. He is a financial advisor with over 30 years of experience in commercial lending.

Bellevue Chamber of Commerce

Here are the winners of the 30th Annual Eastside Business Awards: OfferUp, Eastside Business of the Year; Dragonchain, Eastside Small Business of the Year; Jubilee Reach, Eastside Nonprofit of the Year; and FSorb, Groundbreaker Award. The companies were recognized for their commitment to quality, community and innovation.

Adopt A Stream Foundation

On April 9, Adopt A Stream Foundation ecologists and fish habitat restoration technicians will team with 100 volunteers from Project SeaWolf to plant 1,000 small trees next to Middle Fork Quilceda Creek at Strawberry Field Park in Marysville. Much of the forested and wetland area next to the creek has been lost to development. New trees will help keep water temperature cool, filter pollutants, hold water during rainy periods and slowly release water during dry periods.