Mike McLean

Investors look to Spokane, Coeur d'Alene apartment markets to boost returns

Investors said turning to multifamily housing to boost returns

January 19, 2012

More total apartment units are under construction and coming on line here than there have been in several years, some Inland Northwest apartment market observers here say.Some investors and developers are betting the number of renters will to of

Coldwell Banker real estate offices in Spokane consolidate

Coldwell Banker affiliates here consolidate, move to two Tomlinson offices

January 19, 2012

Mike McLean

Coldwell Banker Tomlinson and Coldwell Banker Northwest Group, both prominent Spokane-area real estate companies that formerly operated separately, have combined forces within a newly created company and have consolidated their operations in two of

Downtown Spokane lots face potential foreclosure

Loan for envisioned high-rise site said to be delinquent

January 19, 2012

Mike McLean

A downtown parking lot, where Spokane developer Rob Brewster Jr. once had planned to erect the city's tallest building, likely will be put up for auction, says a Seattle lawyer acting as a lender's trustee.The attorney, Patrick Moran, of Russell

Foreclosures in Spokane reach five-year high

Some predict improvement in 2012; Kootenai County data suggest turnaround

January 19, 2012

Mike McLean

Foreclosures on deeds of trust in Spokane County rose for the fifth consecutive year in 2011, climbing 7 percent to within 40 of the peak 1,152 foreclosures recorded in 2002, auditor's office data show.The rate of increase has slowed, though, 12

-Photo courtesy of Amusement Today/Gary Slade

North Idaho roller coaster maker expands to accommodate innovations

$1 million Hayden facility to house track-fabrication plant; cars in design stage

January 19, 2012

Mike McLean

Rocky Mountain Construction Group Inc., of Hayden, is erecting a new $1 million shop building where it plans to move its proprietary roller coaster track manufacturing operations, says Fred Grubb, the company's president. The move also will make

Rock Pointe office complex owners file for Chapter 11 reorganization

Reorganization latest in series of actions to avoid default

January 19, 2012

Mike McLean

The company that owns the Rock Pointe Corporate Center has filed for bankruptcy protection, staving off a foreclosure sale of the big office complex north of downtown Spokane as debt woes continue to mount for the company's founders.The Chapter

Inland Northwest commercial lenders say businesses are still largely hesitant to borrow money

Lenders say some business owners delay growth plans to avoid taking on debt

January 5, 2012

Mike McLean

Some commercial lenders here say overall demand for business loans remains weak because their customers are holding off on growth plans due to uncertainties over the economy and future tax and regulatory issues.Bright spots in the arena, though,

Sacred Heart genetics clinic sees more referrals

Sacred Heart arm here gives test-option advice for inherited conditions

January 5, 2012

Mike McLean

With ongoing advances in genetic screening and discoveries in hereditary links to diseases and abnormalities ranging from cancer to birth defects, the number of people being referred to Providence Genetics Clinic is on the rise.The clinic's and

ActiveWest Builders wins national award for LEED homes

ActiveWest recognized for its Meadow Ranch project in Coeur d'Alene

January 5, 2012

Mike McLean

The U.S. Green Building Council says it has awarded Coeur d'Alene-based construction and development company ActiveWest Builders LLC the council's top national award for home production using Leadership in Energy & Environmental Design the & Expo a

Pioneer Human Services acquires downtown Spokane's Carlyle center

Commercial space to be converted to living units in main-floor remodel

January 5, 2012

Mike McLean

Seattle-based nonprofit Pioneer Human Services says it has bought the Carlyle Care Center downtown from the city of Spokane for $3.2 million and plans to add four living units to the building that provides housing for low-income, mentally ill City