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Special Report

VIRGINIA THOMAS

Garco, Knife River collaborate on $75.9M fish flume

Salmon-passage project market expected to grow
April 22, 2021
Virginia Thomas
Spokane-based Garco Construction Inc. and the Spokane Valley-based operations of Knife River Corp. are working together to construct a concrete flume for salmon passage at a dam near Cle Elum, Washington.
Read More
KEVIN BLOCKER

Growth management broached in Kootenai County

Number of dwelling units developed in Post Falls has surged in recent years
April 22, 2021
Kevin Blocker
In response to a surge in development and population, the subject of growth management is being broached in Kootenai County. The county's Community Development office has produced a 22-page report exploring possible growth management strategies that
Read More
Natasha Nellis

Office-to-apartment trend gains traction in Spokane market

High commercial vacancies, housing shortages drive office-to-apartment trend
April 22, 2021
Natasha Nellis
More frequently, the spaces where professionals used to make a living are becoming the places where people are, simply, living. The downtown Spokane real estate market is experiencing an emerging trend of office buildings being converted to apartments
Read More

Pandemic has accelerated major transformations

Crisis spurs investments in homes, remote work, online infrastructure
April 8, 2021
Staff Report and Shawn Narancich
With tulips blooming and vaccines being administered, the warmer days of spring promise renewal ahead, and none too soon for Americans who have endured the tragedy and isolation of COVID-19 for the past year. Under such unusual conditions, America's co
Read More

Use stimulus money for spring fun, but spend it here

Pandemic check would do wonders if invested in our local community
April 8, 2021
Sarah Carlson
Spring is here in the Inland Northwest, and after a year of this pandemic, change is our new normal. Most of us haven't had a chance to respond to all the changes, and instead have only been reacting.
Read More

Spokane native leads BECU's growth here

Credit union approaches 40K members in market
April 8, 2021
Craig Howard
Growing up on a Valley farm, Steve Hauschild tackled arduous jobs like clearing rocks from crop fields. Years later, he would clear the way for one of the nation's largest credit unions to sprout in a new market.
Read More
VIRGINIA THOMAS

Sustained mortgage activity swamps credit unions

Rates predicted to rise this year, cooling demand
April 8, 2021
Virginia Thomas
As the real estate market in the Spokane area remains scorching hot, so does the mortgage lending market, credit union representatives here say. However, they're also in agreement that the current low-rate environment can't last, and some are working
Read More
STATE BANK NW

Inland Northwest bankers navigate low interest rates, slim margins

Financial institutions eye other revenue sources
April 8, 2021
Kevin Blocker
Zero-percent benchmark interest rates have sparked unprecedented loan demand for Spokane-area banks and credit unions. They also have pinched profit margins and shifted focus to noninterest revenue streams, in some cases.
Read More

Landlord-tenant issues held at bay for now in Spokane

In residential market, mandates provide reprieve; mass evictions unlikely, some say
March 25, 2021
Natasha Nellis
Lawmakers have enacted extensive tenant protections since the start of the pandemic that lawyers here say will likely blunt a flood of evictions once the eviction moratorium, which was extended this month, ends.
Read More
ANN HORTON

Buying time in the commercial real estate market

Tenants might struggle when pandemic-era relief dissipates
March 25, 2021
Virginia Thomas
As pandemic-related restrictions throughout Washington begin to lift, some attorneys here say commercial real estate attorneys could soon face a rise in disputes, including litigation related to force majeure clauses.
Read More
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