Tech in Nevada

Economic development in Nevada has a direct, deliberate, effect on Nevada’s technology industry.

Economic development in Nevada has a direct, deliberate, effect on Nevada’s technology industry. Then again, Nevada’s technology industry is having a definite effect on economic development. It’s like the old Reese’s Peanut Butter Cups commercials – where the collision of chocolate and peanut butter create a happy symbiosis. In this case, the combination is intentional. … [Read more...]

Mining: It’s About More than Gold

The value chain for Nevada’s roughly 20 metals and minerals begins with companies mining the resources.

The value chain for Nevada’s roughly 20 metals and minerals begins with companies mining the resources. This benefits the miners and their employees monetarily and the communities around those mines where dollars are spent, donations are made and other commitments are carried out. Mining firms require goods and services at each stage of their process—exploration, … [Read more...]

I am a CCIM

To position the Chapter as the premier commercial real estate organization for Southern Nevada by enhancing the value of the CCIM designation.

Mission Statement To position the Chapter as the premier commercial real estate organization for Southern Nevada by enhancing the value of the CCIM designation and increasing the number of designees and candidates through professionalism and educational excellence. Here’s what “I Am a CCIM” means to these designees: Brian Sorrentino: “It means that I should know … [Read more...]

Industry Focus: Insurance

Nevada insurance agents and brokers seek to educate the market on the importance of a trusted insurance advisor.

Combating a trend towards faceless online insurance purchases, Nevada insurance agents and brokers seek to educate the market on the importance of a trusted insurance advisor. Recently, executives in this industry met at the Las Vegas offices of City National Bank to discuss the challenges they face. Connie Brennan, publisher of Nevada Business Magazine, served as moderator … [Read more...]

On the Rise: Commercial Building Rebounds

Commercial building in Nevada has also had to adapt to a shortage of skilled labor as a result of the recession, according to Grein.

For the first time since 2007, when the recession decimated their industry, commercial builders in Nevada believe the industry is finally snapping back. “The recovery is slower than anybody wanted it to be, but the good news is that it is recovering,” says Ray Sedey, executive vice president of McCarthy Building Companies in Las Vegas. “Construction is recovering, but we’re … [Read more...]

Red Report: July 2015

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

E Project, Industrial ADDRESS 5402 E. El Campo Grande Ave., 89115 CONTRACTOR OF RECORD Burke Construction Group DETAILS Burke Construction Group recently completed the 180,000 SF Bed, Bath & Beyond Harmon Distribution Facility Center. Developed by Thomas and Mack Development Group and designed by CASCO, the $5.2 million project included the construction of 120,000 SF of … [Read more...]

Legal Elite 2015: Nevada’s Top Attorneys

This year’s Legal Elite polling garnered 6,454 nominations of attorneys from across the Silver State, highlighting top attorneys as chosen by their peers.

The following pages list Nevada’s top attorneys as chosen by their peers. This year’s poll had the highest level of participation of any year with over 7,000 nominations. Polling for the Legal Elite feature began in February of this year and attorneys were permitted to nominate their peers based on a number of criteria. The results, featured in the following pages, highlight … [Read more...]

Nevada’s Tourism Industry: Going Strong

Nevada’s tourism industry, like several other industries in the state, has experienced a recent uptick in business.

Nevada’s tourism industry, like several other industries in the state, has experienced a recent uptick in business. For example, just last month, the Reno-Sparks Convention and Visitors Authority (RSCVA) beat out Tampa, Phoenix and San Juan, Puerto Rico, to book the rare 18,000-room American Legion national convention for 2020. Additionally, developers began work on Resorts … [Read more...]

Industry Focus: Healthcare

Nevada’s healthcare industry strives to focus on high quality care while searching for ways to lower costs for patients.

Nevada’s healthcare industry strives to focus on high quality care while searching for ways to lower costs for patients. A group of Nevada’s healthcare leaders recently met at the 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 moderator for the event. These … [Read more...]

On the Job: Subcontractors Critical to Construction Industry

Subcontractors are the building blocks of residential and commercial construction.

Subcontractors are the building blocks of residential and commercial construction. They’re the ones doing the foundation, framing, drywall, glass, plumbing. Without subcontractors, projects go nowhere. “Subcontractors are crucial in anything that gets done around this town, especially on the building end of the work,” said Lance Semenko, chief operating officer, Q&D … [Read more...]

Red Report: June 2015

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

E Sale, Industrial ADDRESS 410 Mark Leany Dr., 89011 BUYER No Sweat Mechanical LLC SELLER M&R Leasing LLC DETAILS 5,400 SF; $415,000 APN 178-01-412-003 BUYER’S REP Jarrad Katz, CCIM, SIOR and Galit Kimerling of MDL Group SELLER’S REP Jack Holler Commercial Real Estate Lease, Retail ADDRESS 617 Mall Ring Rd., Ste 120, 89014 TENANT Wellness Connection of Nevada … [Read more...]

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...]