Real Estate & Construction

Home-loan closing changes set to go into effect this fall

New rules said to benefit consumers, slow process

July 16, 2015

New mortgage rate and fee disclosure requirements set to go into effect this fall are meant to help borrowers understand the terms of their home loans before they sign their mortgage contracts, but the rules also likely will slow the process or lead to de

Halme, Ginno start work on new fire stations in Spokane County

Two projects have overall value of about $3.4 million

July 16, 2015

Construction crews have started work on two new fire stations, one of which will replace a nearly 50-year-old station at Newman Lake.

Rudeen company to erect $9.9 million, 99-unit apartment complex

Blue Point project to rise in north Wandermere area

July 16, 2015

Mike McLean

For the second time in as many months, Liberty Lake-based multifamily residential developer Rudeen Developments LLC has obtained building permits to construct a large apartment complex in Spokane County.

Seright family plans to open third Ace Hardware store

Family developing newest outlet in town of Rathdrum

July 16, 2015

Kim Crompton

Sandy and Nancy Seright and their son, Brett, plan to develop an Ace Hardware store in Rathdrum that will be their third in North Idaho.

Joint venture buys three Spokane Valley apartment complexes

Seattle-Chicago concern invests $26.6 million total

July 16, 2015

Mike McLean

A joint venture involving Seattle-based Security Properties Inc. and Chicago-based Blue Vista Capital Management LLC has acquired three Spokane Valley apartment complexes for $24 million combined, says Davis Vaughn, an acquisitions investment manager for

De Leon Foods to open second grocery store, tortilla making facility in Spokane Valley

Ethnic grocer's new operation to boost tortilla production

July 16, 2015

Mike McLean

De Leon Foods Inc., a Spokane-based company that operates a Mexican food store and deli, plans to open a second outlet at 15530 E. Sprague, in Spokane Valley, says owner Sergio De Leon.

Silvey Construction: Building a healthy niche

Mike Silvey enjoys putting building pieces together

July 16, 2015

Even Mike Silvey has to chuckle somewhat as he ponders the success of the company over which he presides-Spokane Valley-based Silvey Construction Inc.

Nicks Handmade Boots buys old Display House building

Company to move from smaller space in Hillyard

July 16, 2015

Nicks Handmade Boots has bought the former Display House building in Spokane Valley and plans to move its operations there this fall, says Nicks general manager Frank Petrilli. The 20,000-square-foot space, which is located at 6510 E. Sprague and will h

Developer buys building along Riverside in downtown Spokane

Craven hopes to rehab old structure next year

July 16, 2015

Developer Mike Craven says he recently bought the Genesee Block building at 819 W. Riverside in downtown Spokane and plans to rehabilitate the two-story, 8,400-square-foot structure, but hasn't finalized any details for the renovation. Craven says he f

$13.5 million mixed-used project slated near Gonzaga University

Developer plans to start construction this summer

July 16, 2015

Mike McLean

Spokane developer Kent Hull plans to begin construction this summer on a $13.5 million mixed-use project on the Hamilton Street corridor near the Gonzaga University campus. With a tentative address of 1002 N. Hamilton, the 2-acre project site would take