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Latest News

Met vacancies soften market

Empty space in prime tower could appeal to big users, might be hard to fill otherwise
February 26, 1997
Linn Parish
Downtown Spokanes once airtight Class-A office market has loosened considerably as the Metropolitan Financial Center has gone from fully occupied to 21 percent vacant in 16 months time.Now, the real estate industry here is speculating about
Read More

Sacred Heart to construct ER for kids

Multimillion-dollar structure could get under way this year; ChildrenÂ’s Hospital starts clinics
February 26, 1997
Paul Read
Sacred Heart Medical Center, which opened a Childrens Hospital in its expanded east tower last summer, now plans to build a pediatric emergency department next to the big medical centers general ER.Separately, the Childrens Hospital has a
Read More

Swallowable camera shoots bowel

Photos from inside body replace more painful, less thorough procedures
February 26, 1997
Linn Parish
Swallowable cameras the size of large vitamin pills are helping physicians diagnose problems in parts of the gastrointestinal tract that they previously had difficulty analyzing.The technology is called capsule endoscopy and involves a camera a
Read More

New treatment freezes, kills prostate—and cancer

Cryoablation procedure said to be less invasive, less painful than surgery
February 26, 1997
Linn Parish
A less invasive method of treating prostate cancer now is being used in Spokane.The procedure, called cryoablation of the prostate, involves freezing the entire prostate and killing italong with the cancer with which its infected. Dr. a
Read More

SterlingÂ’s mortgage unit tops $1 billion

Action Mortgage Co. expects even greater lending activity this year, expands in Oregon
February 26, 1997
Addy Hatch
Action Mortgage Co., a subsidiary of Spokane-based Sterling Savings Bank, topped $1 billion in total lending volume last year, the first time in the 15-year-old companys history it crossed that mark. Action made residential mortgages and in a
Read More

Mountain West keeps top rank

Coeur dÂ’Alene-based bank puts keen focus on serving small-business customers
February 26, 1997
Jennifer Brandler
Coeur dAlene-based Mountain West Banks small-business lending department here and many of its customers share a common history. Like the small-time entrepreneur who starts out with big dreams and little money, the banks small-business in
Read More

Real estate lending here grew enormously in Â’03

First mortgages soared by 40 percent; seconds nearly matched their rise
February 26, 1997
Richard Ripley
We knew the numbers would be big, and now we know just how big.Last year, real estate-backed loans in Spokane County shot up by 24.1 percent, to $5.38 billion from $4.19 billion in 2002, says RMS Information Services, of Kaysville, Utah, which
Read More

Franchisee buys more Taco Bell outlets here

Missoula-based company acquires last five corporate stores here, now owns 29
February 26, 1997
Jennifer Brandler
CLC Restaurants Inc., of Missoula, Mont., has bought the five remaining corporate-owned Taco Bell outlets in the Spokane area from Taco Bell Corp., of Irvine, Calif., in a transaction that closed in December.The franchisee bought a total of six
Read More

North Idaho passenger flights set

McCall Aviation will fly round trips to Seattle, Boise from Sandpoint
February 26, 1997
Addy Hatch
A McCall, Idaho-based air-charter and cargo service plans to initiate in May regular flights between Sandpoint and the cities of Boise and Seattle, launching the first-ever regular air-passenger service for the Bonner County town. The company,
Read More

Credit-reporting giant buys operation here

Credit Bureau Services sells Equifax its consumer credit-reporting assets
February 26, 1997
Jennifer Brandler
Atlanta-based Equifax Inc., one of the three large, national credit-reporting companies, has bought the credit-reporting files of Credit Bureau Services Inc., of Spokane, for an undisclosed sum. In the transaction completed last month, Equifax
Read More
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