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...]

Nevada Real Estate & Development Report: September 2014

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

E Sale, Retail ADDRESS 884 N. Nellis Blvd., 89110 BUYER Halle Properties, LLC SELLER Lutfi Antin Etal DETAILS 28,750 SF; $625,000 APN 140-28-410-007 BUYER’S REP Mark Keyzers of NAI Alliance SELLER’S REP David Lipp, CCIM and Chris Godino of Newmark Grubb Knight Frank Sale, Industrial ADDRESS 5550 Reference St., 89122 BUYER Angelo Infante SELLER Dean… [More...]

Best Companies to Work For: Taking Care of People

In the midst of the recession, some employees might have argued that a “Best Company to Work For” is whichever company gives them a job.

In the midst of the recession, some employees might have argued that a “Best Company to Work For” is whichever company gives them a job. While times have been tough for many Nevada businesses, as the state comes out of this recession, it is clear there are a number of companies who continue to go… [More...]

Executive Education: New Pathways to Success

When UNR Extended Studies program held a series of leadership sessions for Barrick Gold, the event embodied new trends in executive education in Nevada.

When the University of Nevada, Reno (UNR) Extended Studies program held a series of leadership sessions for Barrick Gold, the event embodied new trends in executive education in Nevada. The 15 courses held over two months were shorter than the training once offered by business schools and colleges. Instead of theoretical discussions of leadership, the… [More...]

Industry Focus: Public Servants

Public Servants executives across the state met at the Las Vegas offices of Gordon Silver to discuss the challenges in their industry.

A public servant is anyone who serves the people, from Nevada’s elected officials to those serving in our public agencies. What isn’t often evident is that many of them do a sometimes thankless job for little pay because they have a passion for service. From door-to-door campaigning to working to raise ever-increasing amounts of necessary… [More...]

Nevada’s Residential Market: A Season of Change

For the last two years, Nevada’s residential housing market has seen substantial rebound, with significant effect on prices.

For the last two years, Nevada’s residential housing market has seen substantial rebound, with significant effect on prices. Lowered median home prices have created low inventory and a seller’s market, which in turn impacted distressed properties and neighborhoods. “People are a lot smarter today, having learned from mistakes that occurred in the market; buyers are… [More...]

Elko Catches Up to Growth

While the rest of Nevada suffered the dramatic economic downturn and aftermath, the Greater Elko region boomed, primarily due to bustling mining operations.

While the rest of Nevada suffered the dramatic 2007 economic downturn and aftermath, the Greater Elko region boomed, primarily due to bustling mining operations resulting from a high gold price. In fact, over the last decade, the population there has burgeoned. The City of Elko alone went from about 10,000 to 20,000, with the broader… [More...]

Nevada Real Estate & Development Report: August 2014

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

E Project, Other ADDRESS 501 S. Las Vegas Blvd., 89101 CONTRACTOR OF RECORD Recreation Development Company LLC (RDC) DETAILS A $1.3 million ‘shell and core’ contract has been awarded to RDC for gypsum board assemblies at the Federal Justice Tower in downtown Las Vegas. The 129,000 SF project is a joint effort between the City… [More...]

How Nevada Stacks Up 2014

The numbers are in and most data indicates that Nevada is making economic progress in recovering from the depths of the recession.

The numbers are in and most data indicates that Nevada is making economic progress in recovering from the depths of the recession.  The state’s unemployment rate, while still high, is lower than it was a year ago, the housing market is up, and tourism numbers are slightly higher.  This weak and prolonged recovery is taking… [More...]

Getting Out: The Financial Planning Features of a Business Exit Strategy

If an IPO is used as an exit strategy, it is important for ownership to begin planning for it right from the start and include it in the business plan.

Starting a business takes a large amount of planning. But after the business plan is completed, retail or office space is rented and employees are hired, many entrepreneurs have neglected one crucial question: When the time comes, how will they exit their business? When owners are immersed in the details of building a business, it’s… [More...]

Industry Focus: Insurance

Insurance executives across the state met at the Las Vegas offices of City National Bank to discuss the challenges in their industry.

Despite constant changes in legislation and the additions of new regulations, the insurance industry strives to be a consistent resource for business owners and individuals alike. Recently, insurance executives across the state met at the Las Vegas offices of City National Bank to discuss the challenges in their industry. Connie Brennan, publisher of Nevada Business… [More...]

Hospitals in Nevada: An Industry in Transition

Hospital administrators are working very closely with purchasers of care and insurance carriers, to needs while striving to be competitive with costs.

Some things that don’t change in healthcare: the importance of patient outcome, patient experience, patient compliance and patient ability to pay for services. Other things in healthcare are changing rapidly: bio-engineered medications to treat specific patients, imaging devices take the place of exploratory surgery, the model for healthcare, the way hospitals are reimbursed for services.… [More...]

CCIM: Join the Club

The requirements to earn the CCIM designation are challenging and extensive, necessitating a commitment of time, effort, money and, often, sacrifice.

After Nevada’s economic downturn and resulting real estate crash had begun, Cindy Santilena, a Las Vegas commercial real estate lender for small businesses and entrepreneurs, was looking for a way to highlight herself and her company when working with other industry professionals during a struggling, competitive market. She decided to pursue a CCIM, a prestigious… [More...]

Nevada Real Estate & Development Report: July 2014

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

E Sale, Multi-Family ADDRESS 1401 N. Lamb Blvd., 89110 BUYER Masuda Family Trust SELLER Brooksone Apartments, LLC DETAILS 193 units; $10,550,000 APN 140-29-101-019 SELLER’S REP Patrick J. Sauter and Art Carll of NAI Vegas The Sauter Multifamily Group H Sale, Multi-Family ADDRESS 1651 American Pacific Dr., 89074 BUYER Hamilton Zanze & Company SELLER The Calida… [More...]

Legal Elite 2014: 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.

This year’s Legal Elite polling garnered 6,454 nominations of attorneys from across the Silver State. This annual list highlights Nevada’s top attorneys as chosen by their peers. All votes are based on nominations from other attorneys and the following pages highlight the top vote getters in Northern Nevada, Southern Nevada, the Best Up and Coming… [More...]

A Future of Change: Economic Development

At the top of the economic development wish list is unmanned aerial vehicles, also known as drones, presenting one of the biggest opportunities for Nevada.

Nevada, because of its narrow focus on three industries, was devastated by the recession and eventually led the nation in foreclosures and unemployment. As both the director of the Governor’s Office of Economic Development (GOED) and a resident of Nevada, Steve Hill believes there is a rising wave of economic development diversifying an outdated and… [More...]

Industry Focus: Technology

Executives representing technology and communication companies met to discuss the challenges of their industry as options and demands become more complex.

Technology continues to be one of the fastest growing industries in today’s world, showing no signs of slowing down. Recently, executives representing technology and communication companies across the state met at the Las Vegas offices of Gordon Silver to discuss the challenges of their industry as options and demands become more complex. Connie Brennan, publisher… [More...]

Connecting the Dots: Nevada’s Place in the Global Economy

In Nevada where the need to diversify the economy continues even as recovery takes hold, increasing the businesses that export could bolster the economy.

Ninety-six percent of the world’s population lives outside the U.S. Yet only 1 percent of American businesses export their products and services. In countries like Germany and Japan, some 40 to 60 percent of GDP is in export. Still, our 1 percent translates to trillions of dollars coming into the U.S. economy, according to Randy… [More...]