Enjoy the Ride: Nevada’s Luxury Car Business

Nevada’s luxury car business dipped during the recession but rebounded fairly quickly, coming back strong.

Nevada’s luxury car business dipped during the recession but rebounded fairly quickly, coming back strong. After all, given the demographics of luxury car buyers, the customer base has a bit more resilience and disposable income than other car buying populations. “Business is good and demand is high,” said Don Hamrick, general manager, Chapman Las Vegas… [More…]

Economic Forecast: 2015 Preview

This year’s predictions offer more good news, a trend that was reported in Nevada Business Magazine’s annual Economic Forecast last year.

Economists and industry analysts can, and will, argue over whether an economic recovery is as strong as numbers seem to indicate. However, they do agree the numbers show Nevada’s economy is on track to strengthen and add more jobs in 2015 because many of the impediments to faster growth have subsided. The unemployment rate has… [More…]

Industry Focus: Commercial Real Estate

Executives representing the industry met at the Las Vegas offices of Gordon Silver to discuss the challenges of commercial real estate in Nevada.

As the economy recovers, commercial real estate is slowly regaining footing in the Silver State. Recently, executives representing the industry met at the Las Vegas offices of Gordon Silver to discuss the challenges of commercial real estate in Nevada. Connie Brennan, publisher of Nevada Business Magazine, served as moderator for the event. These monthly meetings… [More…]

Mining: Progress Amid Tough Economics

From lowering gold and silver prices to sage grouse habitat protection, Nevada’s mining companies today face challenges that hurt their bottom line.

From lowering gold and silver prices to sage grouse habitat protection, Nevada’s mining companies today face challenges that hurt their bottom line. Yet, many continue to forge on, creatively tackling difficulties and working to advance projects. “Different aspects of the industry are struggling, but our ability to be sustainable is greater now than ever because… [More…]

The Office Market: Slow and Steady into the Future

As a mixture of economic indicators appear to show the recession, movers and shakers in Southern Nevada’s office market are cautiously planning ahead.

As a mixture of economic indicators appear to show the recession in our rear view mirrors, movers and shakers in Southern Nevada’s office market are cautiously planning ahead for slow and modest growth in the coming months. “The trending is moderate growth overall due to a bettering economy,” says Lance Bradford, founder of Stable Development… [More…]

Red Report: December 2014

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

E Project, Multi-Family ADDRESS 5625 S. Hollywood Blvd., 89142 DETAILS The Tempo Senior Apartments recently opened. Ovation Development Corporation and Accessible Space, Inc. (ASI) co-developed the 101-unit affordable senior rental development located in Sunrise Manor. The Mediterranean-style residences feature 60 one-bedroom units. The community space includes high efficiency heating and cooling equipment, offsetting over 10… [More…]

Go Anywhere From Here: Nevada’s Transportation System

Making transportation plans a community effort led to collaboration between stakeholders in transportation groups concerned with moving people.

When Tina Quigley became general manager of the Regional Transportation Commission of Southern Nevada (RTC) she and her team went promptly to talk with officials in metropolitan areas where they’ve created transportation plans that were both funded and built, and had community support behind them. The common message from leaders in those communities was that… [More…]

Medical Marvels: Nevada’s Top Physicians

The Medical Marvels list took a look at Nevada’s doctors and asked Nevadans to vote for the best, with doctors, in particular, asked to rank their own.

Nevada’s healthcare industry is in a time of transition. With a variety of changes to insurance and healthcare delivery already having been made, and more in the pipeline, the industry is undergoing a massive amount of alterations. Few are more affected by these changes than doctors who are at the front-line in healthcare. Nevertheless, they… [More…]

Industry Focus: Education

Industry Focus: Education

  Faced with a wealth of challenges, Nevada’s education system has some hurdles to overcome. However, industry leaders recognize the challenges they face and are working to improve the state’s rankings. Recently, those leaders met at the Las Vegas offices of City National Bank to discuss the needs of education. Connie Brennan, publisher of Nevada… [More…]

Legal Opinions 2014: A Resource for Doing Business in Nevada

Attorneys throughout Nevada, specializing in a variety of areas, have pooled their collective knowledge in the Legal Opinions special report.

For the third year in a row, attorneys throughout Nevada, specializing in a variety of areas, have pooled their collective knowledge in the Legal Opinions special report. The following pages feature several well-respected attorneys offering up their expertise in the form of articles written on subjects ranging from collections to litigation and due diligence. An… [More…]

Nevada Real Estate & Development Report: November 2014

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

N Sale, Office ADDRESS 6624 Sky Pointe Dr., 89131 BUYER WDG 6624 Sky Pointe, LLC SELLER 2010-1 RADC/CADC Venture, LLC DETAILS ; $315,000 APN 125-21-710-014 REP (Both) David Howes of David Howes Commercial Real Estate Lease, Retail ADDRESS 8350 N. Decatur Blvd., 89031 TENANT Spartan Arms and Range Supplies LLC LANDLORD Decatur Horse LLC DETAILS… [More…]

Technology Trends in the Silver State

A major technological trend today is mobility, a bevy of technologies that not only allow us to connect to others and the Internet anywhere.

In December 2011, Frederick Cook and Kelly Eidson co-founded a business that aims to make moving one’s office or home a seamless, problem-free process. Using its proprietary technology, this Las Vegas firm acts as the intermediary between people who need moving services—truck rentals, full-service movers, pods, freight trailers and more—and the companies that provide those.… [More…]

Industry Focus: Accountants

Nevada Accountants recently met at the Las Vegas offices of Gordon Silver to discuss the challenges in their industry.

With looming regulatory changes and increasingly complex tax laws, accountants must keep pace in order to remain as trusted advisors for business owners. Recently, Nevada accounting executives met at the Las Vegas offices of Gordon Silver to discuss the challenges in their industry. Connie Brennan, publisher of Nevada Business Magazine, served as moderator for the… [More…]

Managing Nevada: Commercial Property Management in the Silver State

As the commercial real estate market is enjoying a healthy rebound, commercial property owners are on the hunt for experienced property management.

As the nation’s recession continues to drift further into the distance, the commercial real estate market is enjoying a healthy rebound. This means more commercial property owners are on the hunt for experienced property management companies to protect their investments. During the height of the economic downturn, Nevada’s real estate industry was on the receiving… [More…]

NAIOP Works for Southern Nevada’s Commercial Real Estate Industry

NAIOP gives everybody a seat at the table and allows the leaders of the Southern Nevada’s commercial real estate industry the opportunity to work together.

As an organization, it’s clear that NAIOP works. The commercial real estate development association serves as the premier trade organization for commercial real estate development professionals in Southern Nevada. Membership includes brokers and developers as well as general contractors, bankers, architects, engineers, title companies and attorneys. In large part, it’s the people that make the… [More…]

Nevada Real Estate & Development Report: October 2014

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

E Sale, Multi-Family ADDRESS 2850 E. Bonanza Rd., 89101 BUYER Westland Real Estate Group SELLER Hayman Advisors DETAILS 344 units; $14,875,000 APN 139-25-404-002 REP (both) Art Carll, CCIM of NAI Vegas Lease, Office ADDRESS 2490 Paseo Verde Pkwy, Ste 100, 89052 TENANT Bodyspa Salons LANDLORD Flex 2 Buildings 3/4, LLC DETAILS 15,906 SF; $1,913,418 for… [More…]

Nevada’s Convention Industry: Combining Business & Pleasure

Convention planners choose venues, take into account where their attendees are traveling from, determine necessary meeting and exhibition space.

Convention and meeting planners choose locations and venues, take into account where their attendees are traveling from and how, determine necessary meeting and exhibition space and hotel rooms – and arrange for coffee. Coffee is important. Conventions thrive on coffee, served during events, before and after meetings and at meals, which also figure into the… [More…]

Employment Law: Attorneys Speak Out

To learn the complicated ins and outs of employment law, we went to six attorneys that are at the top of their field and experienced in employment law.

To learn the complicated ins and outs of employment law, it’s best to go straight to the source. The following pages highlight six attorneys that are at the top of their field and are experienced in employment law. These attorneys were each asked to share advice with Nevada Business Magazine readers and responded to a… [More…]

Industry Focus: Bankers

Nevada banking executives recently met at the Las Vegas offices of City National Bank to discuss the challenges in their industry.

Enduring a slow economic recovery, the banking industry stays focused on getting businesses back on their feet in the midst of increasing regulations and legislative uncertainty. Nevada banking executives recently met at the Las Vegas offices of City National Bank to discuss the challenges in their industry. Connie Brennan, publisher of Nevada Business Magazine, served… [More…]

Nevada Land Market Continues to Recover

“The land market has been in recovery since 2010, and homebuilders have been driving that,” said managing partner of Sunbelt Development & Realty Partners.

Demand for land in Nevada has resembled a rollercoaster pattern this decade. During the real estate boom in the first half of the 2000s, both residential and commercial developers hungrily purchased land, driving up prices. With the recession, the opposite happened; development nearly ceased, land demand decreased and so did the price. Again, the pendulum… [More…]

Ninth Annual Healthcare Heroes

Healthcare Heroes began with the dual goal of honoring individuals that excel in healthcare and helping fund scholarships for future healthcare educators.

Legacy Now in its ninth year, Healthcare Heroes began with the dual goal of honoring individuals that excel in healthcare and helping fund scholarships for Nevada’s future healthcare educators. After realizing there wasn’t a program in place to honor individuals that have done amazing things to propel healthcare in the Silver State, Healthcare Heroes was… [More…]