Education: The Key to Success

Education affects more than workforce, more than the economic development that comes as a result of the talents and training of employees.

A high school graduate, entering the workforce in Southern Nevada directly after graduation, earns on average $6,000 more annually than a non-graduate. At a very basic level, that’s the effect of education on the economy. Education affects more than workforce, more than the economic development that comes as a result of the talents and training of employees and more than the … [Read more...]

The Lending Window is Open: Financing in Nevada

The state’s top bank lenders along with the director of the SBA in Nevada recently shared their thoughts on the lending business.

Owners of small and medium-sized companies in Nevada increasingly seek bank loans to finance their growth into new and expanding markets as the state’s remarkable economic rebound continues. The good news: As the recession slips farther into the past, many companies are beginning to show three, four or five years of the solid financial performance that bankers want to see … [Read more...]

Industry Focus: Senior/Assisted Living

Nevada executives in this industry met at the offices of City National Bank to discuss the trends and challenges facing their industry.

Despite staffing challenges and affordability concerns, Nevada’s senior and assisted living communities pour their heart and soul into providing the best care for this growing population. Recently, a group of senior and assisted living executives met at the Las Vegas offices of City National Bank to discuss the trends and challenges facing their industry. Connie Brennan, … [Read more...]

Family Owned Businesses 2015

As the fifth annual ceremony, this year marks an important milestone for the Family Owned Business Awards.

Congratulations to the 2015 Family Owned Business Finalists As the fifth annual ceremony, this year marks an important milestone for the Family Owned Business Awards. With over 240 companies having been honored over those five years, this event provides much needed recognition to hardworking business owners throughout the state. However, without the support of the sponsors, … [Read more...]

Red Report: May 2015

Read the Nevada Real Estate & Development Report: May 2015 - Commercial real estate and development - projects, sales, and leases.

E Project, Industrial ADDRESS 4025 E. Cheyenne Ave., 89115 CONTRACTOR OF RECORD United Construction Company DETAILS Construction is underway on Dermody Properties’ LogistiCenter Cheyenne. The 381,804 SF distribution facility will feature a 32-foot clear height, 80 trailer stalls and 248 parking stalls. The project is expected to be complete in October of this … [Read more...]

Nevada’s Utilities

A regulatory agency that ensures investor-owned utilities comply with laws enacted by the Nevada Legislature, the PUCN oversees a broad spectrum of entities

Utility movers and shakers in Nevada continue to be optimistic as they strategically manage new technologies, increased regulation, customer growth and a changing portfolio mix of options. Regulations A regulatory agency that ensures investor-owned utilities comply with laws enacted by the Nevada Legislature, the Public Utilities Commission of Nevada (PUCN) oversees a broad … [Read more...]

Nevada Taxes Reaching Deeper

In total, Governor Brian Sandoval’s plan would raise more than $1 billion in new taxes.

Hall of Fame baseball player Yogi Berra once said it is deja vu all over again. He wasn’t wrong if he was describing Nevada politics and biennial efforts to create a tax code that can better withstand economic recessions. Nevada lawmakers have recently been debating another proposed tax increase geared towards adding funds to the state’s woeful educational system. In total, … [Read more...]

Trending in Henderson

Today, Henderson is Nevada’s second largest city and consistently ranked on “Best Of” lists from safety to livability.

From a company town to a city companies want to be in: Henderson has trended towards the feel of a hometown community while evolving to meet the needs of residents and businesses. In the 1930s, Henderson housed builders working on Boulder Dam. During World War II the Basic Magnesium Plant in Henderson processed magnesium. Those workers left after the war, but Henderson … [Read more...]

Industry Focus: Credit Unions

Nevada executives in this industry met at the offices of Clark County Credit Union to discuss the trends and challenges facing their industry.

Strengthened by a collaborative spirit, credit unions that have made it through the recession work to provide quality services for their members. Recently, Nevada executives in this industry met at the offices of Clark County Credit Union to discuss the trends and challenges facing their industry. Connie Brennan, publisher and CEO of Nevada Business Magazine, served as … [Read more...]

Healthcare Check-Up: Nevada Works to Deliver Health Amid Shortages

The results show that, while the state has moved forward in many healthcare arenas, Nevada still has a long road ahead.

At this point in the year, the initial stages of the Affordable Care Act (ACA) have already been implemented. The results show that, while the state has moved forward in many healthcare arenas, Nevada still has a long road ahead. More Nevadans Covered Data showed that during the recent enrollment period, 72,000 Nevadans applied for and enrolled in health insurance plans … [Read more...]

If You Build It, Will They Come?

Nevada’s industrial market, devastated by the recession, has now recovered to the point where developers have returned to the market with “spec” projects.

Construction Returns to Nevada’s Industrial Market Nevada’s industrial market, which was devastated by the recession, has now recovered to the point where developers have returned to the market with “spec” projects (those built in advance of a contract or buyer). Now that 2014 year-end numbers have been tallied and evaluated, commercial real estate experts agree that the … [Read more...]

Red Report: April 2015

Read the Nevada Real Estate & Development Report: April 2015 - Commercial real estate and development - projects, sales, and leases.

E Project, Other ADDRESS SW Corner of Sahara Ave. & Las Vegas Blvd., 89104 CONTRACTOR OF RECORD Martin-Harris Construction DETAILS Construction is underway on MGM Resorts International’s open-air music venue. The entertainment complex will have a 2,700 SF administration and storage building, 23.3 acres for the main festival area, 7.7 acres for transportation pick-up and … [Read more...]

Nevada’s Top Residential Real Estate Agents

Residential realtors in Nevada know, better than most, that the last several years have posed a variety of challenges to their industry.

Residential real estate agents in Nevada know, better than most, that the last several years have posed a variety of challenges to their industry. Going from an unsustainable boom economy to a market that adds another dimension to the word drought, real estate agents have been on a roller coaster ride. However, as the economy experiences an upswing, so too does the residential … [Read more...]

A New Hope: Power Poll 2015

This year marks the thirteenth annual Power Poll conducted by Nevada Business Magazine.

With the recession having reaffirmed Nevada’s “Battle Born” motto, this recovery has added a new twist on another name for this state, the Silver State. Company owners and executives are seeing the silver lining in a tough economy as businesses grow and are leaner and more efficient than ever. And, while hopeful of the sustainability of this growth, executives remain cautious, … [Read more...]

Industry Focus: Marketing

Marketing executives throughout the state met at the Las Vegas offices of City National Bank to discuss the trends and challenges facing their industry.

With new digital platforms popping up left and right, the marketing industry keeps pace to push Nevada businesses forward and out of the recession. Recently, a group of marketing executives met at the Las Vegas offices of City National Bank to discuss the trends and challenges facing their industry. Connie Brennan, publisher and CEO of Nevada Business Magazine, served as … [Read more...]

Building a Healthy Economy

Until recently, the term “medical tourism” largely referred to Americans traveling out of the country looking for affordable healthcare.

Until recently, the term “medical tourism” largely referred to Americans traveling out of the country looking for affordable healthcare in technologically advanced but less expensive venues, from Mexico to Thailand and parts in between. Now the term is starting to come home, often referring to domestic travel of American citizens within U.S. borders, traveling to find the … [Read more...]

Red Report: March 2015

Read the Nevada Real Estate & Development Report: March 2015 - Commercial real estate and development - projects, sales, and leases.

E Sale, Industrial ADDRESS 4240 N. Lamb Blvd., 89115 BUYER FJM Northpointe Associates LLC SELLER 4240 Lamb Holdings LLC DETAILS 46,624 SF; $2,951,300 APN 140-05-420-000 BUYER’S REP Dean Willmore, SIOR of Colliers International SELLER’S REP Dan Doherty, SIOR of Colliers International Lease, Industrial ADDRESS 5406 El Campo Grande, Ste 180, 89115 TENANT Golden Star … [Read more...]

Banking In Nevada: Beginning to Flourish

Today’s banking industry in Nevada looks different from the industry five ago.

This year, Las Vegas-based Ear Nose & Throat Consultants of Nevada obtained financing from City National Bank for ground-up construction of a 13,000-square-foot surgery center. This is one of many Silver State businesses contributing to increased demand for banking services. “Businesses cannot ignore the need for growth now,” said John Wilcox, the Nevada regional … [Read more...]

Top Brokers 2015

As Nevada’s commercial real estate market rebounds, the state’s brokers are beginning to see a resurgence of business.

As Nevada’s commercial real estate market rebounds, the state’s brokers are beginning to see a resurgence of business. The following pages highlight those brokers that performed at the top of their field in 2014. Brokers are listed alphabetically and separated by Northern and Southern Nevada. Broker’s were asked to submit a variety of information concerning their 2014 deals … [Read more...]