Lowering the Education Bar: Nevada and the U.S. shortchange students or are we becoming a Third World country?

Americans no longer expect quality from our public education system, and U.S. students now lag behind those from other developed countries.

Americans no longer expect quality, much less excellence, from our public education system, and U.S. students now lag behind those from other developed countries. What’s happening in Nevada is a prime example of the dumbing-down of our public schools. Nevada’s high school juniors have trouble passing the math proficiency exam that’s required for graduation. In… [More…]

Educating Nevada’s Workforce: Higher Education in Nevada

Education and economy go together. It’s almost like an equation: education plus workforce equals a healthy economy.

Education and economy go together. It’s almost like an equation: education plus workforce equals a healthy economy. A top flight, community-involved system of higher education is a draw for new industries looking to locate within a state. There’s a need for research institutions, an educated, trainable workforce and a healthy feeder K through 12 school… [More…]

Nevada’s Utilities: Fueling the State’s Energy and Water Needs

As movers and shakers in Nevada’s utilities industry plan for the future, they share a number of common bonds in the challenges they face.

As movers and shakers in Nevada’s utility industry plan for the future, they share a number of common bonds in the challenges they face. Future strategies are likely to make provisions for such factors as increased regionalization, new regulations, enhanced customer satisfaction, state-of-the-art technologies, alternative energies, drought conditions, greater management efficiencies and economic growth. Decision… [More…]

Industry Focus: Power Women

A group of Nevada’s power women recently met at the offices of Gordon Silver to discuss the trends and obstacles facing their industry.

Women executives are no longer a novelty in board rooms. They represent a growing percentage of businesses across the state. Nevertheless, women face a unique set of challenges and many believe the glass ceiling has not yet shattered. Recently, a group of successful female executives met at the Las Vegas offices of Gordon Silver to discuss… [More…]

It’s an Investment: Commercial Financing in Nevada

Investing in commercial real estate requires a number of considerations. In addition to location, location, location, another consideration is financing.

The construction industry continues to be the barometer for the severity of Nevada’s economic plight, but commercial real estate in particular is making enough improvement to spark interest from investors and private parties looking to benefit from the historically low interest rates. This means banks and other real estate lenders are revving up business again.… [More…]

Henderson: Built to Suit

Henderson has evolved into a first-rate location for companies. Today, this progressive city delivers exceptional services and amenities for businesses.

Henderson, now in its 61st year, has evolved into a first-rate location for companies. Today, this progressive city delivers exceptional services and amenities for businesses, living up to its moniker: the Las Vegas Valley Address for Business Success. It’s home to many nationally and regionally known enterprises; others are in the process of making it… [More…]

April 2014: Around the State

Read business news from around Nevada for April 2014.

Nevada Leads the Way in Clean Energy According to a report from the Clean Energy Project, since 2010 Nevada has invested at least $5.5 billion in clean energy projects. The state ranks sixth in the United States in installed solar capacity and will host four major trade conferences for the clean energy sector this year. The… [More…]

Stephanie Angold: The Find

Meet Stephanie Angold, owner of The Find.

Owner Reno http://www.thefind.com/ How did you first get into your profession? I have been in retail since I was 16. I worked through college and different clothing stores from corporate stores in a mall, to mom and pop businesses. If you could be another person for a day, who would you be? I would love to be one… [More…]

Mike Montandon: Providence Commercial

Meet Mike Montandon, Managing Partner of Providence Commercial and President of NAIOP Southern Nevada.

Managing Partner, Providence Commercial http://www.providencecommercial.com/ President, NAIOP Southern Nevada http://naiopnv.org/ How did you first get into your profession? I started in commercial real estate appraisal in the family business, then migrated into other aspects of commercial real estate. If you had to choose another profession, what would it be? I would be teaching at a university level.… [More…]

Luiz Oliveira: Sambalatte

Meet Luiz Oliveira, Owner of Sambalatte.

Owner Las Vegas http://sambalatte.com/ How did you first get into your profession? After I graduated from the university in Brazil, I developed a passion for hospitality because I could have a career working and traveling around the world, learn about new cultures and meet new people. After being laid off from my job, I realized that… [More…]

Celebrating the Constitution: The Long-Term Benefits of its Short-Term Inefficiencies

In all of life, actions have both short-term and long-term consequences — and often those outcomes stand in stark contrast to each other. If your three-year-old child is screaming for you to buy him a toy at the store, the quickest way to quiet him is to get the toy. But your actions will have… [More…]

Margins Tax Initiative: A Look at the Details

Running a business is no small feat in today’s economic environment. The negative impact of declining tax revenues from America’s businesses and citizens has been felt in local communities. These falling revenues are resulting in unprecedented steps being taken by municipality after municipality across the country. Closer to home, the example of North Las Vegas’… [More…]

Nevada State Bank: Established in 1959

Nevada State Bank (NSB), the largest state-chartered bank in Nevada, has grown along with the state for nearly 55 years, succeeding despite the economic challenges that managed to defeat many other financial institutions. Today, it operates 50 branches in 20 communities across the state, and has over $4 billion in assets. Beginnings: 1959-1979 In the… [More…]

Nevada Real Estate & Development Report: April 2014

Read the Nevada Real Estate and Development Report: March 2014 - Commercial real estate and development - projects, sales, and leases.

E Sale, Retail ADDRESS 5050 E. Russell Rd., 89122 BUYER Wyandotte, Inc SELLER Kathleen & Adrian Varni Trust DETAILS 24,034 SF; $2,200,000 APN 161-28-401-011 BUYER’S REP Neil Dela Cruz of MDL Group SELLER’S REP Katherine Bergh of Marcus & Millichap Loan, Office ADDRESS 2575 E. Sahara Ave., 89104 BORROWER Reliable Auto Sales LENDER TMC Financing… [More…]

Retail Summary: Fourth Quarter 2013

Southern Nevada The Las Vegas retail vacancy rate fell below 10 percent or the first time since 2008 as it ended 2013 at 9.2 percent. The latest rate is down 0.2 percentage points from the prior quarter and represents a decline of 0.8 percentage points from the prior year. During the fourth quarter, the retail… [More…]

Business Indicators: April 2014

Nevada business indicators: April 2014. Includes status of U.S. Nevada, Las Vegas, and Reno economies.

The “second” estimate for fourth quarter 2013 shows U.S. real gross domestic product increasing at an annualized rate of 2.4 percent, lower than the 3.2 percent growth first reported in the “advance” estimate. The revision consisted of a smaller increase in personal consumption expenditures from third to fourth quarter 2013. Non-residential fixed investment, net exports… [More…]

What is your personal philosophy regarding working with people?

Six Nevada executives share their personal philosophy regarding working with people.

“To always be aware of what people say they want and need. Then work together with integrity and all parties will achieve the desired results.” Jane Anthony | Sales Executive, LP Insurance Services, Inc. – “My philosophy is to have immediate connectivity with your customers. Do anything to help them. Talk a little, listen a lot,… [More…]