Latest News

The closing chapter on the Metropolitan Mortgage saga

Metropolitan bankruptcy saga likely has concluded

January 28, 2021

U.S. Bankruptcy Court trusts have issued what might be the final payments to investors who lost hundreds of millions of dollars when Spokane-based Metropolitan Mortgage & Securities Co. and affiliate Summit Securities Inc. shut down nearly two decades ago

Eastern Washington bankruptcy filings decrease despite hard times

Some attorneys here say trend may reverse in '21

January 28, 2021

Kevin Blocker

Despite the economic havoc COVID-19 brought on wide swaths of the economy last year, the pandemic's presence didn't halt the downward trend of bankruptcy filings in Eastern Washington.

Project delays in Hillyard area pinch PDA

Organization supporting The Yard secures funds to offset lag in revenue

January 28, 2021

Natasha Nellis

Development of two massive projects in northeastern Spokane-the Beacon Hill residential development and the Esmeralda Commerce Park-might not start as expected this year.

Denver firm buys Spokane-based company Hart Capital

Mercer Advisors has $27B in managed assets

January 21, 2021

Kevin Blocker

Mercer Global Advisors Inc., of Denver, announced Thursday morning it has acquired Hart Capital, which was founded by Hart in 1998. He and the company's team of nine advisers will join Mercer Advisors.

Guest Commentary: Lawmakers should avoid tax hurdles during recovery

'Do no harm' â€¦

January 14, 2021

Kris Johnson

Ten months after the arrival of the coronavirus in Washington, the Legislature is convening for a new legislative session amid a pandemic that will shape every aspect of the session, from the way lawmakers conduct business (over computer screens instead

The Journal's View: Spokane voters should support school replacement levies

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January 14, 2021

Staff Report

School district funding has been thrown into upheaval by changes at the state level in recent years. New rounds of replacement levies are important steps toward stabilizing funding for those districts in the next few years.

Work on North Idaho veterans home to resume in spring

Final construction value still to be determined

January 14, 2021

Kevin Blocker

The Idaho Division of Veterans Services says it will resume construction in the spring on a 64-room veterans home in Post Falls on a 7-plus-acre parcel of donated land. Veterans Services broke ground and began site work in the final quarter of 2020

New residents are just one factor in rise in Spokane home values

Supply side said to have greater effect as listings fall short of local demand

January 14, 2021

Patrick Jones

Ever thought it's those out-of-towners who have driven up housing prices here recently? You probably aren't alone. After all, the median house price for resale has climbed from approximately $284,000 to $330,000 over the past four quarters.

Family works to carry on Taqueria Fiesta Brava

Restaurants & Retail

January 14, 2021

Kevin Blocker

Despite the death of 60-year-old Roberto Alvarado Ochoa on Nov. 18, family, friends, and longtime customers of the restaurant he founded, Taqueria Fiesta Brava, say they're determined to keep both his food and memory alive.

Magnolia Place senior complex planned in Spokane Valley

Assisted-living, memory-care center to have up to 124 residents

January 14, 2021

Virginia Thomas

Work on an assisted-living and memory care facility in Spokane Valley is expected to begin this winter, according to preliminary planning documents filed with the city.