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Latest News

SBA lending activity skyrockets here

Infusion of federal stimulus money, expansion of eligibility requirements lead to surge to start fiscal year '11
January 27, 2011
Linn Parish
The U.S. Small Business Administration's lending program started strong here in the fiscal year that began in October, with an 81 percent jump in loan volume in the first quarter, compared with the year-earlier period. That increase occurred of
Read More
—Staff photo by Mike McLean

Construction loan cautious

Banks ask project owners to put up more funding, secure higher occupancy
January 27, 2011
Mike McLean
Banks have money to lend for commercial projects, but tough loan requirements are making it harder for developers and project owners to get them off the ground, finance and development market insiders here say.The lending environment is much it
Read More

Real Estate Roundup

January 27, 2011
Mike McLean
Nick Valestrino, of Coeur d'Alene, has bought a 1-acre parcel of commercial land at 10812 N. Government, Way, in Hayden, Idaho, as an investment. Craig Hunter and Rob Kannapien, both of Coldwell Banker Schneidmiller Commercial Realty, handled the
Read More

Homebuilder franchise here changes corporate affiliation

Lexar Homes replaces HiLine concern in Valley, retains its staff, suppliers
January 27, 2011
Mike McLean
All His Homes LLC, a Spokane Valley homebuilder, has changed its franchise affiliation and now does business as Lexar Homes of Spokane.The company continues to work with the same staff, suppliers, and subcontractors, says Bob Oliver, who co-owns
Read More

Small Business Watch

January 27, 2011
Indoor-gardening supply retailer opens store in Deer Park The Grow Center, which sells indoor-gardening supplies and hydroponics equipment at 2808 E. Sprague, in Spokane, has opened a second location, at 615 S. Fir in Deer gardening a
Read More

Spokane Valley awards bid to study bike, walking routes

City to apply findings from consultant's study to make its non-auto routes safer
January 27, 2011
Chey Scott
As part of an effort to develop travel routes for bicyclists and pedestrians, and improve the safety of those already in place, the city of Spokane Valley has awarded an about $50,000 contract to the Portland, Ore., office of DKS & Associates, an a
Read More

Demand Energy becomes Meadowwood's first tenant

Liberty Lake startup takes 7,000 square feet of space in former Agilent complex
January 27, 2011
Linn Parish
Demand Energy Networks, a Liberty Lake startup that makes energy-storage technology and related devices, has moved its operations into a portion of the sprawling former Agilent Technologies Inc. complex, now called Meadowwood Technology Energy is
Read More

Cd'A equipment seller buys Adams Tractor dealership

Acquisition by North Idaho cousin keeps concern here within its founder's family
January 27, 2011
Mike McLean
North Idaho-based Coeur d'Alene Tractor Co. has bought longtime Spokane equipment dealership Adams Tractor Co., says John Adams, cousin of the former owner of the business here and a grandson of its founder.The business, located at 1602 E. now &
Read More

Web-design company buys marketing firm

Zipline Interactive expands capabilities with ReWire acquisition
January 27, 2011
Chey Scott
Zipline Communications Inc., a Spokane Web-development concern that does business as Zipline Interactive, says it has acquired a web-hosting and e-mail-marketing company here called ReWire Applications.Zipline Vice President Ryan Stemkoski says
Read More

Denver-based firm merges with NAC|Architecture

Transaction to enable Spokane firm to expand in Rocky Mountain states
January 27, 2011
Chey Scott
Spokane-based NAC|Architecture says it completed a merger earlier this month with Denver-based AR7 Architects.The merger will allow NAC to expand its presence in the Rocky Mountain states, NAC CEO Bruce Blackmer says. The firms have worked on to
Read More
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