In 2005, the state Legislature capped property tax increases for residential and commercial properties at 3 percent and 8 percent, respectively. Having two different rates seems unconstitutional to me and many others. Article 10, Section 1, of the Nevada Constitution, in part, states: “The Legislature shall provide by law for a uniform and equal rate of assessment and … [Read more...] about Enough! Let’s Stop Bureaucrats from Increasing Our Property Taxes
Archives for April 2016
Healthcare Check-Up: Nevada Hospitals Continue Adapting to Changes
Today, six years after the Patient Protection and Affordable Care Act (ACA) was enacted, with an economic rebound and significant population enlargement in the interim, Nevada’s hospitals are still managing the impacts of those changes. Increased Volumes Most Silver State hospital systems continue to experience increased patient volumes, which is unusual considering the … [Read more...] about Healthcare Check-Up: Nevada Hospitals Continue Adapting to Changes
How to Lease or Buy: A Guide to the Rebounding Commercial RE Industry
Buying or leasing commercial real estate is a stressful and complex process that can be difficult for even the best of brokers in Nevada. What about for entrepreneurs or business executives whose areas of expertise may be in gaming or healthcare? How should they evaluate the pros and cons of buying or leasing, choosing a location and making a purchase? Taber Thill, senior … [Read more...] about How to Lease or Buy: A Guide to the Rebounding Commercial RE Industry
My Henderson
The City of Henderson is open for business. And families. And for anyone who enjoys being in a city consistently awarded best of designations. In November of last year, for example, 24/7 Wall Street named Henderson to the list of America’s 50 Best Cities to Live in. The city is growing. Businesses are opening, financial services and corporate headquarters are calling … [Read more...] about My Henderson
Industry Focus: Attorneys
Most industries have experienced an energetic pick up in business as the economy has recovered. Nevada law offices are enjoying an improved economy but are still facing their share of challenges. While clients continue to practice caution after the recession, numbers are showing improvement for lawyers in the Silver State. Top attorneys recently met at the Las Vegas office of … [Read more...] about Industry Focus: Attorneys
Financing Your Business or Project
It’s been said that money makes the world go ‘round. Well, that’s certainly true when it comes to business. Whether small business or big business, a solid financial statement is necessary for any company to be successful. Unfortunately, that’s often easier said than done. Start-up financing, loans for existing businesses or project loans can be hard to get and, with the recent … [Read more...] about Financing Your Business or Project
Around the State: April 2016
Health Plan of Nevada and Southwest Medical launch “Medicine on the Move” United Healthcare’s Health Plan of Nevada and Southwest Medical have launced a portable doctor’s office called “Medicine on the Move”. The mobile medical center is designed to lower barriers to healthcare, such as transportation, child care, work obligations and the low number of primary care physicians … [Read more...] about Around the State: April 2016
Welcome to Nevada: April 2016
Cracker Barrel A national restaurant chain, Cracker Barrel has announced plans to open two locations in Las Vegas in late July. The locations will be located on Dean Martin Dr. and Craig Rd. They company celebrated a groundbreaking in early March. The restaurant expects to bring over 300 jobs to the area. Currently Cracker Barrel is headquartered in Tennessee with over 630 … [Read more...] about Welcome to Nevada: April 2016
Reviving The Lost Benefits of Our Grandfather’s Pension
At the turn of the 20th century, workers fought for equal rights during the industrial revolution. One of the benefits of that fight was the defined benefit (DB) pension plan. This is the plan you might remember your grandparents had. It was the wonderful benefit where every month the mailman would deliver, without miss, the pension check. Along with Social Security, our … [Read more...] about Reviving The Lost Benefits of Our Grandfather’s Pension
The Discriminatory Law Being Used to Torpedo Educational Choice in Nevada
It seems ironic that a group named something as benevolent as “The American Civil Liberties Union” would be using a discriminatory law from the 1800s to prohibit disadvantaged Nevadans from obtaining quality education. But, that’s exactly what is happening. In one of the two court cases aimed at stopping Nevada’s innovative Education Savings Accounts, the ACLU is arguing … [Read more...] about The Discriminatory Law Being Used to Torpedo Educational Choice in Nevada
Emerging Demands: Multi-Family Real Estate
When the American Dream of home ownership took a nose dive due to the recession, many people discovered that it’s increasingly hip to rent. Subsequently in the past few years, the multi-family real estate market has enjoyed a record-setting uptick as demand has exceeded supply in Nevada as well as all over the country. “Things are very positive. This market had been one of the … [Read more...] about Emerging Demands: Multi-Family Real Estate
Movers & Shakers: Michael Silberling
Chief Executive Officer Affinity Gaming (5 years in NV) “Don’t let perfect get in the way of better.” Type of Business: Gaming | Hails from: Palo Alto, California | 2 years with company in Nevada | Based in: Las Vegas How did you first get into your profession? My first elective course in college was probability and gambling which led to an interest in the gaming … [Read more...] about Movers & Shakers: Michael Silberling
Red Report: April 2016
E Sale, Land ADDRESS SWC of Nellis Blvd. & Geist Ave., 89115 BUYER Millis Nellis, LLC SELLER Criswell Properties, LLC DETAILS 1.39 acres; $292,000 APN 140-17-611-011 BUYER’S REP Ben Millis and Chris Beets of Newmark Grubb Knight Frank SELLER’S REP Gary Burgher of Pro Commercial Real Estate, Inc. H Sale, Office ADDRESS 2811 W. Horizon Ridge Pkwy., 89052 BUYER … [Read more...] about Red Report: April 2016
Retail Summary: Fourth Quarter 2015
Southern Nevada The Las Vegas Valley anchored retail vacancy rate rose slightly from 10.2 in Q3. 2015 to 10.3 percent in Q4, 2015. At the end of Q4, vacancy rates ranged from 7.5 percent in power centers to 11.2 percent in neighborhood centers. With the retail market just above the 10 percent stabilized rate and taxable retail sales at all-time highs, the Valley’s anchored … [Read more...] about Retail Summary: Fourth Quarter 2015
Business Indicators: April 2016
The second estimate for U.S. real gross domestic product (GDP) for the fourth quarter of 2015 was revised up from the first (advanced) estimate of 0.7 to 1.0 percent annualized growth rate. The revision occurred because private inventory investment experienced a smaller decline than estimated in the previous month. U.S. nonfarm employment added a more-than-expected 242,000 jobs … [Read more...] about Business Indicators: April 2016