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Latest News

Cleveland apartment project to rise in Logan neighborhood

$3.5M project will add multifamily living units on Spokane's North Side
April 7, 2022
Erica Bullock
A Spokane couple plans to construct a three-story, 23-unit apartment building at 155 E. Cleveland, in Spokane's Logan neighborhood, says property co-owner David Tucker.
Read More

Senior home-share project to launch

Project set to gear up in Kootenai County by July, advocates say
April 7, 2022
Erica Bullock
A lack of affordable housing for local workers in Kootenai County has prompted community leaders to launch a new project matching senior homeowners who have extra space in their homes with local workers in need of housing.
Read More
Karina Elias

Student loan debt can complicate retirement savings for older borrowers

More parents said to take out loans for their children
April 7, 2022
Karina Elias
While student loan debt continues to rise and impact borrowers of all ages, the debt growth has been highest among older borrowers, says a report by AARP Public Policy Institute.
Read More
ERICA BULLOCK

Bornhoft Commercial opens on South Hill

Brokerage to add up to four more brokers in new office
April 7, 2022
Erica Bullock
Longtime brokers Marianne and Chris Bornhoft have opened a new commercial real estate company, Bornhoft Real Estate, which does business as Bornhoft Commercial, in Spokane. Commercial real estate, specifically investment property, multifamily property
Read More
VIRGINIA THOMAS

Gander & Ryegrass chef revamps tiny downtown bar

Drinkery employs three, focuses on craft cocktails
April 7, 2022
Virginia Thomas
Peter Froese, the owner and chef at Spokane restaurant Gander & Ryegrass, has opened a "fancy dive bar" in a minuscule space in the downtown core.
Read More
KARINA ELIAS

SBA-backed lending surges in the Inland Northwest

Main loan type is recovering from pandemic slowdown
April 7, 2022
Karina Elias
U.S. Small Business Administration-backed lending had a strong year in 2021 and is keeping up pace so far this year, some SBA lending officials here say.
Read More

Journal names its 2022 class of Business Icons

In-person event scheduled for May 4
April 7, 2022
Staff Report
The Journal of Business has selected its 2022 class of Business Icons, who will the honored at an in-person event on May 4.
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Rising rates to widen bank's net margins

Dynamic could hamper lending demand, though
April 7, 2022
Virginia Thomas
Anticipated federal funds interest rate hikes are expected to foster an environment of growth and diversified investment among banks. One of the key ways in which banks make money is through interest rates on funds the banks loan.
Read More

Digital mortgages increase in INW

Advances lead to quicker decisions for borrowers, more accurate apps
April 7, 2022
Erica Bullock
Some lenders in Spokane County have experienced an increased volume of digitally initiated mortgage applications since the onset of the pandemic, though not all attribute the shift to COVID-era behavior changes.
Read More

Value Village store planned at former Hastings site

North Side location has been mostly vacant since 2016
April 7, 2022
Virginia Thomas
A Value Village thrift store will occupy the former Hastings music and bookstore space at 1704 W. Wellesley, near Shadle Park High School on Spokane's North Side. A sign permit filed with the city on March 23 calls for four illuminated Value Village
Read More
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