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Advisors Mortgage duo embraces team approach

Lenders cite market impact of low inventory, rising rates

April 13, 2017

As the Spokane real estate market continues to heat up, lenders here at The Advisors Mortgage Co. say they're preparing for added competition in mortgage loans. 'The current market is definitely a seller's market,â€ says Blaine Rolstad, branch ma

Post acquisition, Merriman Wealth mines for clients in Spokane

Company absorbed former Summit Capital last year

April 13, 2017

Traditionally, journalists haven't been recognized as a financially savvy lot; however, one local financial adviser points to a one-time business columnist for the publication Barron's Magazine as having helped him shape his long-term investment strat

Inland Capital to start its first private equity fund

Private lender hopes to raise $50 million; will launch fund next month

April 13, 2017

Mike McLean

Since its launch in 2008, Inland Capital LLC, a Spokane-based private money lender, has grown its total annual loan volume to $30 million, as of year-end 2016. Now, the company plans to start its first private equity fund this spring with a goal of raisi

Maryhill Winery to build tasting room in Kendall Yards

Satellite facility expected to be completed next fall

April 13, 2017

Craig and Vicki Leuthold, founders of the Maryhill Winery in Goldendale, Wash., say they plan to build a 5,000-square-foot satellite tasting room in the Kendall Yards development just northwest of downtown Spokane and expect to open it next fall. 'Our

Go Green Enterprises: Going with the 'green'

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April 13, 2017

LeAnn Bjerken

When most people hear the name Go Green Enterprises, it's unlikely they connect the newly formed business with Washington's burgeoning marijuana industry. However, the name is oddly appropriate for the Spokane-based business, which became the first

Riding the cycles: Monitor rates, stay diversified

Long-term results moot if you falter in short term

April 13, 2017

Michael Maehl

Currently, we're trading near the all-time highs of the U.S. stock market, while the bond market continues near its all-time lows. This cyclicality aspect of the markets is leading many to conclude that the time may be coming near for them to trade plac

Action Fasteners reports rising revenue trend

Distributor expects sales to rise 15 percent this year

April 13, 2017

Tim Jackson started Action Fasteners & Supply Inc., of Spokane, in 1994 out of his garage with two sheets of plywood and four sawhorses. Today, the wholesale fastener distribution company at 3335 E. Trent operates in 10,000 square feet of space and is a

Wheatland Bank expands its mortgage division

30 percent increase in total staff anticipated this year

April 13, 2017

Mike McLean

Spokane-based Wheatland Bank has expanded its mortgage division downtown. The home loan division, led by Troy Sims, senior vice president and director of residential lending services, has a team of 15, including six residential lenders and support staff,

City's economic development effort gains momentum

Projects in East Sprague, U District show promise

April 13, 2017

LeAnn Bjerken

Officials with the city of Spokane say its economic development program is starting to have some noticeable impacts this season, with several key projects starting or expected to start construction soon. City planner, and team lead for the program, Andr

Lincoln Center returns to its roots as church venue

True Hope buys complex to serve growing assembly

April 13, 2017

Mike McLean

True Hope Church, a Spokane-based Assemblies of God church, has bought for $2.6 million the Lincoln Center, at 1316 N. Lincoln, where True Hope has consolidated its South Hill and North Side operations, says Ryan Layton, a commercial real estate broker in