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Latest News

WTB to bulk up in Boise

Spokane bank to build regional center, branch; Bellevue office also eyed
February 26, 1997
Richard Ripley
Washington Trust Bank, delighted with the results of its entry into the Boise and Seattle markets, plans to build a regional financial center and an additional bank branch in the Boise area this spring and is contemplating opening an office in The
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Big Fairwood additions slated

Envisioned projects include total of 57 new living units, common-area improvements
February 26, 1997
Linn Parish
With nearly all of its living units currently occupied, Fairwood Retirement Village & Assisted Living is eyeing $7.1 million in expansion projects at its campus on Spokanes North Side. Sam Knutson, manager of Fairwood Village, says the plans
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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
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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
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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
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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
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