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Latest News

—Staff photo by Richard Ripley

Look before you leap at Roth conversion

Lapse of income ceiling spurs intense discussion of pros, cons of converting standard IRA to Roth
March 11, 2010
Richard Ripley
The expiration this year of an income ceiling that had made many higher-income taxpayers ineligible to convert conventional individual retirement accounts to Roth IRAs is being hyped as providing a new financial planning option, but some experts to
Read More
—Staff photo by Jeanne Gustafson

Efforts to add affordable housing get creative

Habitat for Humanity plans 116 units in Deer Park as urban lots move out of reach
March 11, 2010
Jeanne Gustafson
Habitat for Humanity-Spokane has had to get creative to continue pursuing its mission of providing affordable housing to low-income families here, as the poor economy has dampened donations, some of its homeowners have struggled to make mortgage in
Read More

Small Business Watch: March 11, 2010

March 11, 2010
Heavy equipment shop adds Mitsubishi trucks Washington Auto Carriage, a longtime Spokane Valley dealer of specialty truck equipment, has become a dealer for Mitsubishi Fuso Truck of America Inc.'s commercial truck line. Clif King, is
Read More

Real Estate Roundup

March 11, 2010
Mike McLean
Patricia Steele and Sandra Daily, doing business as R Salon, a new Spokane Valley hair salon, have leased 1,200 square feet of floor space at 13221 E. 32nd. Mark McLees, of NAI Black, handled the transaction.Lubbock, Texas-based Distribution
Read More

Suncrest Plaza developers sign six new tenants there

New tenants include pharmacy, restaurant, day care, dog groomer
March 11, 2010
Jeanne Gustafson
The developers of Suncrest Plaza say they have signed leases with six new tenants and are in negotiations with a seventh for the commercial strip in the Suncrest area northwest of Spokane. Developer Don Morse says he and his partners in Paid 2 a
Read More

Mortgage lender moves from longtime Valley site

CLS relocates operation to smaller, newer quarters at Argonne and Broadway
March 11, 2010
Mike McLean
CLS Mortgage Inc. says it has moved its office to the northeast corner of Argonne Road and Broadway Avenue from its longtime Spokane Valley location.The lender has leased 4,500 square feet of space on the ground floor of the Merchant e-Solutions
Read More

We need real state budget discussion

March 11, 2010
Editor's Notebook
Even as our lawmakers worked frantically in Olympia this week to close a $2.8 billion budget gap, they seemed to be nibbling around the edges of the state's financial problems. At no time since September 2008, when the stock market crashed and an 2
Read More

Clinic plans to erect Liberty Lake medical office

Pediatric practice will move satellite operation to $1.3 million structure
March 11, 2010
Mike McLean
Valley Young People's Clinic PS, a Spokane Valley-based medical practice that specializes in pediatric care, plans to build a $1.3 million medical office building in Liberty Lake.Georgette Wendt, the practice's administrator, says the clinic to
Read More

Whitman posts big loss, but deposits jump

March 11, 2010
Kim Crompton
Colfax-based Bank of Whitman, which has three branches in the Spokane area, has reported to regulators a net loss of $7 million for 2009, down sharply from net income of $5.8 million in 2008. The bank's loans fell, but its deposits grew Tribbett, 2
Read More

Motorcycle dealer here adds BMW line

Westside MotorSports, on West Plains, now offers four bike brands
March 11, 2010
Kim Crompton
Westside MotorSports, a big West Plains motorcycle dealership, says it has added the upscale, German-built BMW line of motorcycles to the three other brands it carries.Scott Schmidtman, one of the dealership's owners, says it secured the line at
Read More
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