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Special Report

Community development unit invests $3.2 billion

BofA lending in '14 led to 13,000 new housing units
March 12, 2015
Staff Report
Charlotte, N.C.-based Bank of America Merrill Lynch Community Development Banking says it provided more than $3.2 billion in loans, tax credit equity investments, and other real estate development financial tools to more than 550 clients last year.
Read More
—Kim Crompton

Boosting IRA gains by diversifying into real estate

Financial planner says it offers attractive benefits
March 12, 2015
Kim Crompton
Using a Roth individual retirement account to invest in real estate is a little-known strategy that can provide interesting diversification and attractive benefits for certain investors looking to try something different, says David L. Baker, a longtime f
Read More

Investor optimism surged early this year, poll shows

Most respondents realized savings from fuel cost drop
March 12, 2015
Staff Report
The Wells Fargo/Gallup Investor and Retirement Optimism Index suggests that consumer optimism is rising steadily, as the index reached plus-69 in February, the highest level recorded since 2007.
Read More
—Judith Spitzer

INWCF keeps momentum with asset, fund growth

2006 strategic plan placed organization on its path
March 12, 2015
Judith Spitzer
Inland Northwest Community Foundation, the Spokane-based nonprofit that manages assets for charitable organizations and donors, has seen extraordinary growth during the past few years, says Mark Hurtubise, the organization's president and CEO. He attrib
Read More

Palouse Capital Management adds to its “Top Guns” list of honors

Firms Capital strategy cited for '14 performance
March 12, 2015
Staff Report
Palouse Capital Management Inc., of Spokane, says its Large Cap Value Strategy has earned recognition as a top performer in the PSN Top Guns list for the full 2014 calendar year, after having garnered similar kudos for its performance in the third quarter
Read More
—Mike McLean

Empire Health Foundation sets down roots

Nonprofit's partners grow, seek measurable success
March 12, 2015
Mike McLean
Spokane-based Empire Health Foundation now operates out of the recently remodeled former Civic Building, although staffers as of last week were still unpacking boxes after moving from temporary quarters across Riverside Avenue.
Read More
—Katie Ross

Focusing on growth at the CFA Society

Financial analyst group preps for big dinner, other functions
March 12, 2015
Katie Ross
The Chartered Financial Analyst Society Spokane, an organization of financial analysts, portfolio managers, and other investment professionals, has grown from about 40 members to 70 members since 2005, mainly from starting a subchapter in Montana, holding
Read More

Senate bill would create justice centers to aid seniors

Spokane, Clark counties could host pilot program
February 26, 2015
Judith Spitzer
Washington state Sens. Andy Billig, D-Spokane, and Annette Cleveland, D-Vancouver, Wash., are co-sponsoring a bill that would create two elder justice centers-one in each senator's city-in a pilot program designed to help protect seniors from abuse
Read More

Retirement needn't mean selling your business

Instead, follow roadmap used by '2 Percent Club'
February 26, 2015
Tom Griffiths
Does retirement always have to mean selling your small business? For many small business owners, their business provides great meaning in their life. It provides a sense of belonging, a sense of purpose, of community, social connections, identity, legacy,
Read More
—Katie Ross

Cremation gardens grow in the Spokane area

Following industry trend, areas present options for memorializing loved ones
February 26, 2015
Katie Ross
With the popularity of cremation growing, the Fairmount Memorial Association, a Spokane-based nonprofit cemetery organization, is extending a new choice for honoring someone who was cremated, called cremation gardens.
Read More
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