Special Report

Fourth Avenue Capital grows in Spokane

Principals say conditions set stage for company's multifamily development

August 31, 2023

A side business for three longtime coworkers has turned into a full-time real estate investment company, dubbed Fourth Avenue Capital, the company's managing partners say. The leaders of the Spokane-based company announced the launch of Fourth Avenue

Muv Fitness readies for remodel at new South Hill location

Revamping supermarket building to cost $4.6M

August 31, 2023

Erica Bullock

A long-vacant Albertsons grocery store building on Spokane's South Hill could soon be converted to a MÃ¼v Fitness gym facility, building permit applications under review by the city of Spokane show. The estimated cost of planned tenant improvements

Burger King, car wash planned in Spokane Valley

Eatery projected to rise after another was razed

August 31, 2023

Karina Elias

A new $1 million Burger King restaurant is planned in the Valley, while a former Burger King restaurant has been demolished to make room for a $1.6 million carwash, Spokane Valley preliminary planning records show. Surf Thru Express Car Wash is planned

Manufactured-home owners get noticed

Law gives tenants chance to own land cooperatively

August 31, 2023

Karina Elias

A new state law in Washington aims to give tenants of manufactured housing communities the opportunity to purchase and own the lots they rent from landowners. 'Manufactured home communities are often sold off-market,â€ says Victoria O'Banion,

New warehouse projects rise in Spokane-Cd'A

Two Douglass-owned buildings also are rising in west Post Falls area

August 31, 2023

Dylan Harris

Construction has started or is planned for multiple warehouse projects in the Spokane area, including projects at three properties owned by prominent Spokane developer Harlan Douglass. At Douglass Legacy Park, on the West Plains, interior work has

Investment policy statement acts as guide for nonprofits

Organizational principles help maintain discipline while managing portfolios

August 17, 2023

Jim Coats

The Inland Northwest has a vibrant philanthropic community that includes numerous home-grown nonprofits as well as chapters of national organizations. A great example of the area's generous nature is Innovia Foundation's management of over 800

Try to reimagine retirement, embrace next life stage

Healthy aging doesn't call for abandoning work life

August 17, 2023

Sarah Carlson

Retirement has recently undergone a remarkable transformation. Gone are the days when retirement was synonymous with withdrawal from the workforce for a life of leisure. Today, retirement represents an opportunity for individuals to leverage their

Economic data tells more of story than credit downgrade

Probability of recession may be as strong as chance of soft landing

August 17, 2023

Tim Mitrovich

While we've been expecting an uptick in volatility in the back half of the year, we didn't expect the spark to be a lowering of the U.S. credit rating as occurred earlier this month, when Fitch Ratings lowered it from AAA to AA+.

Loans can be simpler financing option than equity investment

With stock offerings, even small businesses must register with SEC

August 17, 2023

Beau Ruff

Securing a source of capital for a new or existing business can be a challenge. Consider a common scenario: Diana has a promising idea for a new business and possesses the necessary experience and expertise to make it successful. She starts a business

JPMorgan Chase plans to grow in Spokane, Jamie Dimon says

CEO makes first visit to Lilac City in one leg of West Coast tour

August 17, 2023

Karina Elias

As Spokane grows, JPMorgan Chase & Co., plans to grow with it, according to Jamie Dimon, chairman and CEO of JPMorgan Chase & Co., and one of the leading voices for the financial industry. Dimon arrived in downtown Spokane last month to kick off his