Laycock tells GlobeSt.com he will be looking to acquiredevelopment sites as well as existing communities throughoutOregon, Washington and Idaho. Moreover, the 21-year veteran says hewill have the opportunity to be involved in the developmentsthemselves.

Fairfield president Chris Hashioka tells GlobeSt.com he hasknown Laycock for a number of years and is looking forward tohaving him help increase the pace of acquisitions in the Northwest."He's going to be a great guy to have on our team," he says."Expect to see things start to happen up there next year."Fairfield's principal Seattle-area offices are located in WatermarkTower in Downtown Seattle. The company also keeps a constructiongroup up in Lynwood, WA, and a property management division inBellevue, WA. Laycock will work out of that Downtown office alongwith Mark Faulkner, a Fairfield development executive who relocatedto Seattle nine months ago.

For C&W, the loss could have been worse. Laycock could havebeen taking his talents to a competitor. Instead, he is now apotential client. Steffanie Birkeland, Laycock's current associate,will continue with C&W as a multifamily investment broker.