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Seattle Capital, a Division of Seattle Financial Group, Opens New Office in South Sound Region

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For Immediate Release: November 19, 2007

Huddleston and Hamilton Tapped to Manage New Office

SEATTLE - John D. Huddleston and Karen Hamilton have joined Seattle Capital and opened the company’s office in Olympia. Their focus will be on providing equity, mezzanine debt and debt financing for residential, mixed-use and commercial developments in the greater South Sound area.

Huddleston is an Olympia resident with nearly 30 years of experience in banking and real estate. Most recently, he was executive vice president and chief financial officer of Pacifica Bank in Bellevue. He was a founder of the bank and oversaw its growth and eventual merger with another bank holding company in 2005. Prior to founding Pacific Bank, John was managing partner of JCH Development and responsible for the formation and management of partnerships involved with the purchase and/or development of real estate.

Hamilton, also of Olympia, has extensive real estate experience as both a realtor and co-owner of a general contracting firm specializing in custom homes, townhomes and condominiums. She was part of the team that successfully designed, built, marketed and sold numerous projects in Thurston County. She has a strong background in real estate feasibility and cost analysis, market evaluation and project management.

Family owned and operated, Seattle Financial Group is a financial services company with operations in banking, mortgage, insurance, escrow and real estate investment. The organization was first established in 1944 as Seattle Mortgage Company, which today is one of the oldest independent mortgage banking firms in the Northwest. Seattle Financial Group has more than 300 employees, primarily in the greater Puget Sound area, and operates under the brand names Seattle Capital, Seattle Escrow, Seattle Insurance Group, Seattle Mortgage Company and Seattle Savings Bank.


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For more information contact:

Mary Grace Roske
Director of Corporate Communications
206.273.7359
mgroske@seattlefinancialgroup.com
www.seattlefinancialgroup.com



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