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Special Report

Virginia Thomas

Holman Gardens adapts to life during COVID era

Employees learn kitchen roles amid staffing gaps
February 10, 2022
Virginia Thomas
Holman Gardens Retirement Community has endured recent hard times through creativity and flexibility, administrator Linda Hubble says. Most recently, employees at the 96-unit facility have been cross-trained in culinary duties in order to cover staffing
Read More
Erica Bullock

Recruiting retirees becomes focus for some employers

Seniors often set terms, while businesses get experienced personnel in lean market
February 10, 2022
Erica Bullock
Across the nation, businesses struggling to meet their staffing needs have started enhancing benefits and incentives to attract workers. Some employers facing labor shortages here, however, have incorporated an alternative approach to hiring by targeting
Read More

Don't become 'house poor' in overheated market

Some seeking to purchase homes might best wait for market to cool down
January 27, 2022
Sarah Carlson
Real estate has been a hot asset class this past year since the demand is more significant than supply. Prices have been going up, up, up. With interest rates still low and lending so easy, it has helped to fuel this hot real estate market.
Read More

Wage-price spiral could extend risk of inflation

'Excessively easy money' has fueled higher costs
January 27, 2022
Shawn Narancich
Trillions of dollars in new central bank and federal government stimulus added to an economy already recovering from the lockdown-induced stupor of COVID-19-produced skyrocketing corporate profits and a hat trick for equity investors in 2021.
Read More

Higher loans rates could hurt small Inland Northwest businesses

Some worry about effects of hikes; others point out they're still historically low
January 27, 2022
Karina Elias
Bankers in Spokane haven't noticed a sharp change in behavior from prospective borrowers, panicked by the looming threat of rising interest rates set to occur in 2022, but say they are keeping a constant eye on rising rates and anticipating the needs
Read More

Housing affordability becomes greater concern in rising mortgage rate environment

Climbing costs might not have immediate impact on residential market
January 27, 2022
Erica Bullock
Some real estate professionals here say anticipated increases in mortgage interest rates this year could price median-income homebuyers out of the market, while others say they don't anticipate immediate widespread disruption in the current market.
Read More
VIRGINIA THOMAS

Equitability still sought in commercial lending

Minority-owned concerns often lack capital access, some observers here say
January 27, 2022
Virginia Thomas
To serve minority-owned businesses seeking commercial loans more equitably, financial institutions should update lending guidelines, increase awareness of available loans, and serve in a mentorship capacity, some business owners and community observers
Read More

Liberty Lake's golf course clubhouse to be replaced

New facility envisioned to be community center
January 13, 2022
Karina Elias
The city of Liberty Lake's capital facilities plan has committed $8.4 million to upgrade the city's 55-acre Trailhead Golf Course, located at 1102 N. Liberty Lake Road, next to City Hall.
Read More

Circle K to re-enter Spokane market

Project envisioned at U.S. 2, Flint Road
January 13, 2022
Erica Bullock
A Circle K store and gas station will be constructed on more than 2 acres of undeveloped vacant land at 9132 W. U.S. 2, east of Airway Heights. The new 5,200-square-foot convenience store and fuel canopy are valued at $1.15 million, according to a
Read More
NAC Architecture

Kootenai Health expands heart center on main campus

Three-story addition expected to be ready to open by July 2023
January 13, 2022
Erica Bullock
Kootenai Health has started construction of a $37.3 million heart center expansion on its main hospital campus in Coeur d'Alene. The heart center will grow to 13 operating rooms from 11 and expand to five procedure rooms from three to meet the needs
Read More
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