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 late 1950s, a group of 12 … [Read 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 sector reported positive net absorption with 147,900 square feet … [Read more...]

Protecting Babies in America: They Have the Right to Life

Lyle Brennan

Two items in the news lately have reminded people that killing babies is a crime and a tragedy that affects us all. In one case, a Philadelphia doctor, Kermit Gosnell, was convicted of murder for running a clinic that specialized in aborting babies as late as 30 weeks of gestation; that’s more than 7 months! Many of these babies were born alive - moving, breathing and even … [Read more...]

Legal Elite 2013: Top Attorneys in Nevada

Legal Elite is an annual list that highlights the top attorneys in Nevada. The votes are based on peer nominations.

With 5,232 unique votes, this year’s Legal Elite polling had the most participation of any year. Legal Elite is an annual list that highlights the top attorneys in Nevada. The votes are based on peer nominations and the following lists feature the top vote getters throughout Nevada. These attorneys represent the best in an already elite field. There are just over 200 … [Read more...]

Industry Focus: Economic Development

Recently, executives representing various economic development agencies throughout the state met to discuss the industry.

Economic Development has been a buzz-word in Nevada for the past several years. Since the recession hit, moving-in and retaining companies has become imperative to the health of Nevada. Recently, executives representing various economic development agencies throughout the state met to discuss these issues. Connie Brennan, publisher of Nevada Business Magazine, served as … [Read more...]

Joe Hoffman: Lincoln Electric Cutting Systems

Meet Joe Hoffman, Vice President of Sales and Service - Lincoln Electric Cutting Systems

Vice President of Sales and Service Reno If you had to choose another profession, what would it be? Why? Education...With my wife being a teacher I am able to see the positive influence she is able to have on her students. It is absolutely amazing to see the potential of some of these children when they are challenged and motivated to achieve something! What business … [Read more...]

Wendy Baroli: Grow For Me Sustainable Farm and Teaching Center

Meet Wendy Baroli, Farmer and Founder - Grow For Me Sustainable Farm and Teaching Center

Farmer and Founder Washoe County What would you want your legacy to future generations to be? To know that to choose to be a farmer and feed people- not a commodity trader for mono-cropped monopolistic farming-but feeding people is a good profession. To be a farmer is as important as a doctor or lawyer, educator or athlete and that to choose this is to choose a viable … [Read more...]

Office Summary: First Quarter 2013

A summary of the office sector for Las Vegas and Reno, Nevada for First Quarter 2013.

Southern Nevada The Las Vegas office sector vacancy rate jumped to a record high of 26.2 percent during the first quarter of 2013. Compared to the prior quarter (Q4 2012) vacancies are up 50 basis points (0.5 percent), while they have increased 110 basis points (1.1 percent) from the same quarter a year ago (Q1 2012). The climb in vacancies was due to negative net … [Read more...]

What is your favorite place in Nevada?

Six Nevada executives answer the question: What is your favorite place in Nevada?

“My favorite place in Nevada is Red Rock Canyon. It is absolutely gorgeous and a great place to hike. Getting to enjoy some fresh air and nature’s beauty is a perfect way to spend any weekend.” Lea Carrasco-Zanini • Executive Director, Golden Rainbow - “My favorite place is Lake Tahoe.  I love the quietness, natural beauty and serenity of that place.  The first time I saw … [Read more...]

Half Price Lawyers Announces Acquisition, Launches Business Law Division

Stanford Law graduate purchases firm and leads new practice area Las Vegas – (May 28, 2013) – Half Price Lawyers, a full-service law firm offering counsel throughout the Las Vegas Valley, announced today it has been acquired by Glenn H. Truitt, Esq., now officially operating as Truitt & Associates. Truitt plans to expand the company’s practice areas to include a new … [Read more...]

Industry Focus: Accountants

Accountants in Nevada have been busy this tax season. Executives from accounting firms throughout the state met to discuss accounting issues.

Accountants in Nevada have been busy this tax season. Whether struggling with changes in tax laws or dealing with a shaky economy for their clients, CPA’s are busier than ever keeping up with the changing times. Recently, executives representing various accounting firms throughout the state met at the Las Vegas offices of Snell & Wilmer to discuss these issues and the … [Read more...]

Family Owned Business 2013

The backbone of the economy, family owned businesses are an integral part of Nevada’s economic landscape.

Congratulations to the 2013 Family Owned Business Finalists The backbone of the economy, family owned and entrepreneurial businesses are an integral part of Nevada’s economic landscape. It is important to recognize the achievements of these outstanding companies. Nevada Business Magazine acknowledges the hard work, late hours and personal sacrifices these owners make and … [Read more...]

Kent Sasse, MD: Sasse Surgical

Meet Kent Sasse, MD: Sasse Surgical

Medical Doctor Reno How did you first get into your profession? I excelled in science and math in school, and then found a passion for making surgery less invasive with emerging technology while I was a medical student and later a Resident at U.C. San Francisco. What would you want your legacy to future generations to be? That I helped many individuals in Nevada … [Read more...]

Shelley Hartmann: Mineral County Economic Development Authority, HWY 95 RDA

Meet Shelley Hartmann: Shareholder, Mineral County Economic Development Authority, HWY 95 RDA

Executive Director Hawthorne How did you first get into your profession? In 1986 when Lincoln County needed an economic development coordinator, I applied. I was working at the newspaper at that time. My background was in art and business and I was a counselor at Caliente Youth Center. I wasn’t afraid of new things and no one knew at the time what economic development … [Read more...]

Tom Standish: Jolley Urga Wirth Woodbury & Standish Attorneys at Law

Meet Tom Standish: Shareholder, Jolley Urga Wirth Woodbury & Standish Attorneys at Law

Shareholder Las Vegas What would you want your legacy to future generations to be? I would want my legacy to reflect my reputation as a skilled litigator in my specialized field and that I was known for working effectively with every opposing counsel. If you could be another person for a day, who would you be? Chief of Staff at the White House. I’ve always held a … [Read more...]

May 2013: Around the State

Nevada business news - May 2013: Around the state

Las Vegas Named No. 1 Trade Show Destination For the 19th consecutive year, Las Vegas has been named the top trade show destination in the country, according to a list compiled by the Trade Show News Network. In 2012, Las Vegas hosted 53 of the largest shows, more than the next two competitors combined. The list represents the top 250 trade shows, ranked by net square footage. … [Read more...]

Industrial Summary: First Quarter 2013

A look at the Nevada commercial real estate industrial summary: First Quarter 2013.

Southern Nevada The Las Vegas industrial market reported a meaningful decline in vacancy rate, falling to 17.2 percent during the first quarter of 2013. Compared to the prior quarter, vacancies are down 50 basis points (0.5 percent), while compared to a year ago, they are down 70 basis points (0.7 percent). Approximately 690,600 square feet of positive net absorption was … [Read more...]

What was the first thing you bought with money you had earned yourself?

Six Nevada business executives answer: What was the first thing you bought with money you had earned yourself?

“At nine years old I started my first business renting sleds and toboggans out of my dad’s television repair shop. The business was booming and I was able to buy my first pair of skis that winter.” Scott Meier • Co-Owner, Right Now Air - “I was 14 and wanted the coolest shoes that everyone was wearing (Adidas).  My dad said my shoes were just fine. I still wanted them; he … [Read more...]