SEATTLE-Doing business as Washington Holdings, the former president and senior vice president of Lowe Enterprises say they recently reached agreement to acquire Lowe's role at five Seattle-area properties, and will be assuming Lowe's office space in Downtown Seattle.

BELLEVUE,WA-Faced with a foreclosure deadline today on properties along Northeast Eighth Street between 108th Avenue Northeast and 106th Avenue Northeast, Eugene Horbach sells his properties to a Utah company.

SPOKANE, WA-While current data suggests improving trends, including a RevPAR gain at all company-owned hotels this month, the company remains cautious as the country faces a soft economy, potential conflict in Iraq and continued security alerts issued by the government.

BELLEVUE, WA-The Teachers Annuity and Insurance Association provided the funds, which paid off a $64-million construction loan from Wells Fargo. The building is just under 90% leased in a CBD with a 25% vacancy rate.

SANDPOINT, ID-The Seattle-based Harbor Resorts appoints Adora Maguire to marketing and sales director at Schweitzer Mountain Resort. In her new post, she will be responsible for creating and implementing a marketing strategy designed to steer future growth of the Inland Northwest Resort.

ISSAQUAH, WA-Talus, a planned community billed as the gateway to the Issaquah Alps, welcomes the first owners of the Jefferson at Talus, a 247-unit luxury apartment community and the first neighborhood to finish residential construction. Building also has begun in two other neighborhoods.

SEATTLE- Driven up by new online deliveries and steady job cuts, the Puget Sound area apartment market is experiencing its highest vacancy rates in several years, according to a recent report prepared by Hendricks & Partners. Economists warn recovery is not in the near future, but there is hope the multifamily market, along with the Northwest economy in general, bounces back by 2004.

BELLEVUE, WA-The locally-based Continental-Bentall has repurchased the 105-unit complex known as Le Chateau Apartments for a price of $16.4 million, less than what the company unloaded it for 1999.