Latest News

Hayden Homes agrees to buy competitor's 1,200 lots

Copper Basin shifts focus to its multifamily projects

March 12, 2015

Prominent homebuilder and developer Copper Basin Construction Inc., of Hayden, has agreed to sell 1,200 residential lots in the Inland Northwest to Redmond, Ore.-based Hayden Homes LLC, the companies jointly announced last week. Hayden Homes will acquire

Some 'dogs stay

Former Gonzaga basketball players return to work, live in Spokane area

March 12, 2015

Mike McLean

Being on a successful college athletic program such as Gonzaga University men's basketball team enables players to visit many of the major cities in the U.S. For some players, their athletic success at the college level has led to professional basketba

PAML achieves record volume

Lab's requisitions grew 8.6 percent last year

March 12, 2015

Katie Ross

Pathology Associates Medical Laboratories LLC, the Spokane-based national reference laboratory, says it has recorded its highest number of annual tests to date, with requisition volume year-over-year total growth of 8.6 percent in 2014. Patty Sipes, seni

Keystone Automotive plans big West Plains distribution facility

.

March 11, 2015

Staff Report

Keystone Automotive Operations Inc., an Exeter, Pa.-based wholesale distributor and marketer of aftermarket automotive parts and accessories, is building a 250,000-square-foot warehouse distribution building on the West Plains and plans to begin operation

Urban Outfitters plans store in downtown Spokane

Big retailer expects to open first outlet here this fall

March 6, 2015

Katie Ross

River Park Square CEO Bryn West said this afternoon that Philadelphia-based national retailer Urban Outfitters plans to open a store next fall in the adjoining Saad Building, at 211 N. Wall, at the east end of the mall complex, after a $2 million demoliti

Alliant acquires second Spokane insurance brokerage

National firm bought Moloney+O'Neill last fall

March 4, 2015

Staff Report

Alliant Insurance Services, the Newport Beach, Calif.-based insurance broker, announced this morning that it has acquired Kassa Insurance Services Inc., a Spokane-based insurance agency that provides personal lines and commercial insurance products. Al

Red Lion reports loss for quarter, gain for year

.

February 26, 2015

Staff Report

Red Lion Hotels Corp., of Spokane, reported today a fourth-quarter net loss of $4.4 million, or 22 cents a share, compared with a loss of $13.8 million, or 66 cents a share, in the year-earlier quarter. For all of 2014, however, the company posted net

Ag loans remain gainful, expected to rise next year

Niche requires specialized knowledge among lenders

February 26, 2015

Katie Ross

While commercial and other kinds of loans have taken a hit over the years since the economic recession, agricultural loans have remained more robust, some industry leaders here say. Northwest Farm Credit Services, the Spokane-based agricultural lending

SBA lenders encouraged by rebound in volume

Banks hope incentives will embolden more borrowers

February 26, 2015

Mike McLean

Some providers of U.S. Small Business Administration-backed loans here are anticipating a second consecutive year of loan growth after the dollar volume bounced upward in fiscal 2014 from a year-earlier decline. Last year, lenders in the SBA's Spokane

Refis bounce back

Mortgage rates down; FHA lowers insurance cost

February 26, 2015

Judith Spitzer

Some Spokane banks and credit unions are reporting a mini-boom in home mortgage refinance loans in recent months due to another dip in mortgage interest rates. In the Spokane area, 30-year, fixed-rate mortgage rates had fallen to between about 3.69 perce