Spokane Journal of Business

Local News > Real Estate

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$11 million advanced care center planned in Newport

Following a $10 million bond approval in April 2016, Pend Oreille County Public Hospital District No. 1, which operates Newport Hospital & Health Services, has begun laying concrete for its new $11.1 million River Mountain Village Advanced Care assisted-l...

New medical office building rises at Riverstone

Construction is wrapping up on a single-story medical office building with a project value of $1.5 million in the Riverstone Development in northwest Coeur d’Alene, says Dr. Wayne Ellenbecker, an optometrist. Ellenbecker and his wife, Dr. Cindy Ellenbe...

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Around Town

Home improvement company Spokane Stone Creations LLC has leased a 1,500-square-foot bay in the multitenant facility at 3707 E. Decatur for the company’s first commercial location. Doug Byrd and Cassandra Becker, of Byrd Real Estate Group LLC, handled th...

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HELOCs grow in popularity in the Spokane area

Some lending and real estate experts here say that Spokane-area homeowners are pursuing home equity lines of credit, or HELOCs, at rates that mirror the flourishing housing market. “I think definitely over the past 12 months, the HELOC product has beco...

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Lot scarcity shackles Spokane homebuilders

Spokane-area homebuilders have been struggling to find enough land to meet the demand for single-family homes, some construction industry professionals say. The land need is constraining new home inventory, which in turn could be contributing to rising h...

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Volunteers of America plans $12 million Hope House in downtown Spokane

Volunteers of America Eastern Washington & Northern Idaho plans to construct a 60-unit low-income apartment building with a shelter for homeless women downtown at 1301 W. Third, the current site of Linnie’s Thai Cuisine restaurant, says Fawn Schott, VOA...

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Smart housing project planned in South Perry District

Six businesspeople from a variety of industries are coming together to build a $2 million “smart” housing development, called Blockhouse, in the South Perry District. Andy Barrett, one of the partners in the Blockhouse collaboration, says the group e...

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SRM Development secures $20 million in private capital

SRM Development LLC, a Spokane-based development company, has secured $20 million in capital through a private placement with investors. The developer, which focuses on senior housing, multifamily housing, and commercial buildings, will use SRM Senior Ho...

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Around Town

Axtell Law Office PLLC has purchased 960 square feet of office space in the Flour Mill building, at 621 W. Mallon. The Spokane law practice plans to move to suite 608 from larger quarters elsewhere in the Flour Mill. Ron Horton and Colin Conway, both of K...

Windermere Liberty Lake to move into larger space

Black Pearl Holdings LLC, which does business as Windermere Valley/Liberty Lake real estate brokerage, plans to move its operations from the second floor to larger quarters on the third floor of the multitenant office building at 695 N. Legacy Ridge Drive...

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