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Down but not out
BY JODIE GILMORE For the VBJ
Foreclosures. Failed lenders. Subprime fallout. It’s enough to give anyone in real estate nightmares.
But several local mortgage brokers and bankers said they’re not panicking.
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Owning vs. leasing has its perks
BY TAWNIE NELSON Wells Fargo
Many successful small business owners who have outgrown their existing facility or want to expand into a new market wonder if they should stop leasing and buy a commercial property instead.
There are several advantages to buying a commercial building, including the building of equity by making monthly mortgage payments, which is an asset that has value to you and your business.
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R+D Briefs
BY VBJ STAFF
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Building service
BY MEGAN PATRICK-VAUGHN of the VBJ
As the housing market sits on shaky ground, more home builders are creating a “one-stop shop” to guide home buyers through the process from beginning to end by establishing their own real estate and mortgage companies.
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Changes headed for Highway 99
BY STEVE MORASCH Schwabe, Williamson & Wyatt
Redevelopment of existing areas can provide great opportunities for businesses seeking places to expand and investors looking for new prospects. Sometimes these opportunities arise in the unlikeliest of places. At least that’s the goal of a new Clark County planning process known as the Highway 99 Sub-Area Plan.
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$7 million commercial center planned for Union Ridge
BY MEGAN PATRICK-VAUGHN of the VBJ
Developers Dave Heald and Eric Dahlgren see a need for commercial-retail uses in Ridgefield, and only expect that need to grow.
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R+D Briefs
BY VBJ STAFF
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The tables have turned
BY MEGAN PATRICK-VAUGHN of the VBJ
Nearly two years ago, Greg Petry and a partner bought two charming, period apartment complexes in downtown Vancouver. The 28-unit Fontana Court and nine-unit Uptown Villas were renovated and put up for sale at prices geared toward first-time home buyers.
None of the units, however, sold.
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Waterfront developers beware
BY CHRISTOPHER REIVE Jordan Schrader Ramis
More than 200 businesses, many with local connections, recently received three separate letters from three arms of the federal government, including the Environmental Protection Agency.
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Avid Health continues to expand
BY VBJ STAFF
The beginning of February brought further expansion for Vancouver-based Avid Health Inc., the parent company of Northwest Natural Products and Nutrition Now.
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