Educating Nevada’s Workforce: Higher Education in Nevada

Education and economy go together. It’s almost like an equation: education plus workforce equals a healthy economy.

Education and economy go together. It’s almost like an equation: education plus workforce equals a healthy economy. A top flight, community-involved system of higher education is a draw for new industries looking to locate within a state. There’s a need for research institutions, an educated, trainable workforce and a healthy feeder K through 12 school… [More...]

Nevada’s Utilities: Fueling the State’s Energy and Water Needs

As movers and shakers in Nevada’s utilities industry plan for the future, they share a number of common bonds in the challenges they face.

As movers and shakers in Nevada’s utility industry plan for the future, they share a number of common bonds in the challenges they face. Future strategies are likely to make provisions for such factors as increased regionalization, new regulations, enhanced customer satisfaction, state-of-the-art technologies, alternative energies, drought conditions, greater management efficiencies and economic growth. Decision… [More...]

Industry Focus: Power Women

A group of Nevada’s power women recently met at the offices of Gordon Silver to discuss the trends and obstacles facing their industry.

Women executives are no longer a novelty in board rooms. They represent a growing percentage of businesses across the state. Nevertheless, women face a unique set of challenges and many believe the glass ceiling has not yet shattered. Recently, a group of successful female executives met at the Las Vegas offices of Gordon Silver to discuss… [More...]

It’s an Investment: Commercial Financing in Nevada

Investing in commercial real estate requires a number of considerations. In addition to location, location, location, another consideration is financing.

The construction industry continues to be the barometer for the severity of Nevada’s economic plight, but commercial real estate in particular is making enough improvement to spark interest from investors and private parties looking to benefit from the historically low interest rates. This means banks and other real estate lenders are revving up business again.… [More...]

Henderson: Built to Suit

Henderson has evolved into a first-rate location for companies. Today, this progressive city delivers exceptional services and amenities for businesses.

Henderson, now in its 61st year, has evolved into a first-rate location for companies. Today, this progressive city delivers exceptional services and amenities for businesses, living up to its moniker: the Las Vegas Valley Address for Business Success. It’s home to many nationally and regionally known enterprises; others are in the process of making it… [More...]

Nevada Real Estate & Development Report: April 2014

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

E Sale, Retail ADDRESS 5050 E. Russell Rd., 89122 BUYER Wyandotte, Inc SELLER Kathleen & Adrian Varni Trust DETAILS 24,034 SF; $2,200,000 APN 161-28-401-011 BUYER’S REP Neil Dela Cruz of MDL Group SELLER’S REP Katherine Bergh of Marcus & Millichap Loan, Office ADDRESS 2575 E. Sahara Ave., 89104 BORROWER Reliable Auto Sales LENDER TMC Financing… [More...]

Nevada’s Employment Landscape: Drawing on New Opportunities

At its peak, in October 2010, the state’s unemployment rate hit 13.8 percent, and activity in numerous sectors dropped drastically.

It’s been a while now since the start of the nation’s recession that so harshly impacted Nevada. At its peak, in October 2010, the state’s unemployment rate hit 13.8 percent, and activity in numerous sectors dropped drastically. About two years ago, Governor Sandoval called for the creation of 50,000 Nevada jobs by the end of… [More...]

Power Poll 2014: The Bounce Back

The 2014 Power Poll marks the twelfth year executives have weighed in on various issues that affect business for Nevada Business Magazine.

Optimism characterizes the mood of Nevada executives this year. Whether it’s waving goodbye to the recession or already having moved on to bigger and better things, business owners and executives have officially brushed off the oppressive economy and are now working on the bounce back. The 2014 Power Poll marks the twelfth year executives have… [More...]

Industry Focus: Alternative Energy

A group of Nevada’s alternative energy leaders recently met at the offices of City National Bank to discuss the trends and obstacles facing their industry.

Nevada’s alternative energy sector is changing with new projects and regulations as well as the buyout of Nevada’s major utility. Industry experts are expecting a resurgence of the industry as well as more conservation efforts. Recently, executives representing the alternative energy industry met at the Reno offices of City National Bank to discuss their changing industry. Connie… [More...]

Workin’ Out at Work: Corporate Wellness in Nevada

Read Workin’ Out at Work: Corporate Wellness in Nevada.

Wellness programs are becoming more popular in today’s economy as both employers and employees alike work to keep healthcare costs down. Wellness programs are workplace programs that promote healthy lifestyle choices, offer opportunities to take control of health issues and cut healthcare costs. Programs may include education, athletic opportunities, on-site medical screenings, health coaching and… [More...]

Digging up the Debt: Nevada’s Collections Industry

The Silver State has put the pinch on residents and businesses in recent years, one of the few industries to have thrived has been debt collections.

While a noticeable lack of silver in the Silver State has put the pinch on residents and businesses in recent years, one of the few industries to have thrived has been debt collections. As a result of the state’s heavily touted, sky-high unemployment rates, we’ve seen explosive growth not only in foreclosures but also in… [More...]

Nevada Real Estate & Development Report: March 2014

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

E Lease, Industrial ADDRESS 4935 Steptoe St. Ste 500, 89122 TENANT Charming Exhibition Inc. LANDLORD Lomas Regency LLC DETAILS 5,850 SF; $22,464 for one year REP (BOTH) Jarrad Katz, CCIM and Galit Kimerling of MDL Group H Project, Office ADDRESS 875 Warm Springs Rd., 89011 DETAILS Cadence, the 2,200-acre planned community in Henderson has begun… [More...]

Corporate Branding: A How To Guide

What makes one business stand out from the pack? Why do potential clients choose one over the other for their services? The answer is in the brands.

What differentiates similar companies, making one stand out from the pack? Why do potential clients choose one over the other for their services? The answer is in the brands. Branding, while second nature to some, remains a mystery to numerous other businesses. In fact, a common belief is that a company’s brand is its logo;… [More...]

Banking on Nevada: A New Day Dawning

Banking doesn’t exist in a vacuum; the industry is affected by the economic environment.

Banking doesn’t exist in a vacuum; the industry is affected by the economic environment which, in turn, can be directly affected by practices and realities within the banking industry. So it should be good news that Nevada bankers are feeling optimistic about 2014. The banking industry has stabilized, according to George E. Burns, commissioner, Nevada… [More...]

Industry Focus: Healthcare

A group of Nevada’s healthcare leaders recently met at the offices of Gordon Silver to discuss the trends and obstacles facing their industry.

Nevada’s healthcare industry continues to see an increasing number of challenges. With the rollout of the Affordable Care Act (ACA) and the ongoing issue of physician and specialist shortages, healthcare executives in the Silver State are working to adapt while ensuring quality care for their fellow Nevadans. A group of Nevada’s healthcare leaders recently met… [More...]

Back to Basics: Architects and Engineers in Nevada

Architects and engineers around the Silver State say they expect to see the appearance of a light at the end of the recession tunnel this year.

It may not usher in the booming economy that Nevadans were basking in just a short decade ago, but architects and engineers around the Silver State say they expect to see the appearance of a light at the end of the recession tunnel this year. “The outlook looks quite good. There was almost a stop… [More...]

Nevada Real Estate & Development Report: February 2014

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

H Sale, Office ADDRESS 3039 W. Horizon Ridge Pkwy, 89052 BUYER Denco, LLC SELLER Vantage at Horizon Ridge, LLC DETAILS 6,754 SF; $1,725,000 APN 177-35-510-029 BUYER’S REP William Skupa and Gino Vincent of MINT Property Group, Ltd. SELLER’S REP Joseph DeSimone of First Federal Realty Desimone Sale, Vacant Land ADDRESS Stephanie St. and Wigwam Pkwy.… [More...]

Tee Time: Traditional Golfing Business Models Get a New Swing

For generations, golfing and business have gone together like steak and red wine.

For generations, golf and business have gone together like steak and red wine. Business executives forged bonds as they stalked a golf ball on a four-plus-hour hike across a beautifully manicured countryside. They exchanged small talk and found time to talk a little business, if not on the course then certainly over a drink or… [More...]

Betting on Gaming in Nevada

Nevada and gaming go together like peanut butter and jelly, it has been Nevada’s foundation for so long it’s hard to think of one without the other.

Nevada and gaming go together like peanut butter and jelly. The industry has been Nevada’s foundation for so long it’s hard to think of one without the other. However, as gaming changes, Nevada has found itself adapting and learning to find new ways to earn revenue in a market that, it would appear, everyone wants… [More...]

Industry Focus: Attorneys

Recently, a group of Nevada attorneys met at the offices of First Security Bank to discuss the trends and challenges facing their industry.

The Nevada legal industry has been witness to a multitude of changes in recent years and has had the difficult job of protecting their clients in trying times. From a recession to a slow recovering economy and the integration of new technologies, attorneys in the Silver State have learned to be ready for anything. Recently,… [More...]

An Industry Revived: Commercial Real Estate in Nevada

Nevada’s commercial real estate market has hit bottom and is recovering, albeit gradually and with some sectors stronger than others, experts said.

Nevada’s commercial real estate market has hit bottom and is recovering, albeit gradually and with some sectors stronger than others, experts said. Due to a confidence that the market is on the upswing, investors and tenants are willing to buy and lease. In fact, brokers completed some sizable deals in 2013, including the sale to… [More...]

Nevada Real Estate & Development Report: January 2014

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

New Year – New Format The ReD Report has a new, easier to read format. Commercial real estate professionals throughout the state have requested the report be categorized in market areas, as opposed to zip codes. The color-coded areas correspond to the map below and each deal is presented in a more concise manner. We… [More...]