Park Place Infiniti Sponsors Smiles for Survivors; Governor Approves Solar Tax Incentives

Park Place Infiniti Sponsors Smiles for Survivors Park Place Infiniti is sponsoring the fourth annual Blow Out Breast Cancer event, presented by the Smiles for Survivors foundation and Square Colour Salon and Spa. [Read More...] Governor’s Office of Energy Approves Solar Tax Incentives Highlighting its commitment to renewable energy in Nevada, the Governor’s Office of Energy… [More...]

Nevada’s Solar Future Brightens Thanks to Governor’s Office of Energy Incentive

Highlighting its unshakable commitment to renewable energy in Nevada, the GOE approved a tax incentive for a solar energy generation project.

Carson City, NV – Highlighting its unshakable commitment to renewable energy in Nevada, the Governor’s Office of Energy (GOE) approved a tax incentive for a solar energy generation project in Clark County. American Capital Energy – Searchlight Solar, LLC, received a three-year sales and use tax incentive and 20-year property tax incentive as part of… [More...]

Nevada Partnership for Homeless Youth Launches #pickupthetab to Feed Homeless Teens for the Holidays

Holidays can be unsettling for homeless youth, while everyone else is enjoying a holiday feast, homeless teens wonder when they will eat their next meal.

LAS VEGAS — Thanksgiving and Christmas can be unsettling and scary for homeless youth unable to be with family. While everyone else is enjoying a holiday feast, homeless teens are wondering when they will eat their next meal. To make it easier for more than 9,000 Clark County homeless youth to get a hot meal… [More...]

Business Indicators: October 2014

Nevada Business Indicators: October 2014. Includes status of U.S. Nevada, Las Vegas, and Reno economies.

The “second” estimate for second quarter 2014 shows U.S. real gross domestic product increasing at an annualized rate of 4.2 percent, slightly higher than the 4.0 percent growth first reported. The revision was due to the increase in non-resident fixed investment being larger than initially estimated. Personal consumption expenditures, changes in private inventories, residential investment… [More...]

Groundbreaking for Downtown Las Vegas Clinic; Wells Fargo Invests in Southern Nevada; Home Prices Holding Steady

Volunteers in Medicine of Southern Nevada Hosts Groundbreaking Event for Clinic in Downtown Las Vegas Groundbreaking ceremony for VMSN’s new downtown Las Vegas clinic. Members of the community are invited to attend and receive information about the project. [Read more...] Wells Fargo Invests in Southern Nevada through Las Vegas Global Economic Alliance’s ‘Engage Southern Nevada’… [More...]

Clark County Builds 80 Percent of State’s Small Business Healthcare Facilities

In the past 5 years, from 2009 through 2013, 80 percent of Nevada’s SBA 504 loans for healthcare facilities have been funded in Southern Nevada.

In the past 5 years, from 2009 through 2013, 80 percent of Nevada’s SBA 504 loans for healthcare facilities have been funded in Southern Nevada. According to Clark County’s largest SBA 504 lender, TMC Financing, 83 medical facilities have utilized the SBA’s commercial real estate financing program in Clark County, resulting in more than $100… [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...]

Business Indicators: September 2014

Nevada Business Indicators: September 2014. Includes status of U.S. Nevada, Las Vegas, and Reno economies.

The “advance” estimate for second quarter 2014 shows U.S. real gross domestic product increasing at an annualized rate of 4.0 percent, rebounding from the negative 2.1 percent growth experienced during first quarter 2014. Personal consumption expenditures, changes in private inventories, residential investment, non-residential fixed investment, and state and local government spending made positive contributions. Net… [More...]

Downtown Summerlin Job Fair; Three Nonprofits Partner to Help Homeless Youth

Downtown Summerlin Announces Upcoming Job Fair The Howard Hughes Corporation (NYSE: HHC) announced details for the highly-anticipated job fair for Downtown Summerlin. Job seekers will be able to learn about and apply for jobs in the Summerlin Ballroom at Red Rock Resort on Wednesday, August 27 from 11am – 7pm. [Read More...] Three Nonprofits Work Together to… [More...]

Three Nonprofts Work Together to Help Homeless Youth – Pouring the “Foundation for Success” with Expanded Drop-In Center at Nevada Partnership for Homeless Youth

Nevada Partnership for Homeless Youth, Nevada Women’s Philanthropy and HomeAid Southern Nevada poured the foundation for the NPHY Drop-In Center.

In a rare partnership between three charitable organizations, members from Nevada Partnership for Homeless Youth (NPHY), Nevada Women’s Philanthropy (NWP) and HomeAid Southern Nevada (HASN) came together to pour the foundation of success as the construction began on the new expansion for the NPHY Drop-In Center. NPHY’s first priority is to meet youths’ immediate needs… [More...]

Educating, Connecting Entrepreneurs; Median Home Price Hits $200,000; 5K to Raise Funds for Kids with Cancer

Las Vegas Will Launch 1 Million Cups to Educate, Connect Local Entrepreneurs 1 Million Cups, a program to engage, educate and connect entrepreneurs, launched in Las Vegas on Wednesday,  August 13. The weekly event will be located in the inNEVation Center, powered by Switch. 1 Million Cups is a weekly gathering that is building startup communities… [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...]

Business Indicators: August 2014

Nevada Business Indicators: August 2014. Includes status of U.S. Nevada, Las Vegas, and Reno economies.

The “third” estimate for first quarter 2014 shows U.S. real gross domestic product decreasing at an annualized rate of 2.9 percent, lower than the negative 1.0 percent growth reported in the “second” estimate. The revision was due to the increase in personal consumption expenditures being smaller and the decline in exports being larger than previously… [More...]

Retail Real Estate Sector Begins Comeback in Second Quarterly Report From Colliers International – Las Vegas

Office sector enjoys resurgence in 2014, anticipates challenges in 2015 LAS VEGAS – Following two consecutive quarters of negative net absorption in the retail sector, the second quarterly market report of 2014 by Colliers International – Las Vegas highlighted more than 200,000 square feet of retail net absorption and more than 30,000 square feet of new… [More...]

Business Indicators: June 2014

Nevada Business Indicators: June 2014. Includes status of U.S. Nevada, Las Vegas, and Reno economies.

The “advance” estimate for first quarter 2014 shows U.S. real gross domestic product increasing at an annualized rate of 0.1 percent, much lower than the 2.6 percent growth experienced in fourth quarter 2013. Personal consumption expenditures and federal government spending made positive contributions. U.S. nonfarm employment experienced robust gains in April, adding 288,000 jobs over… [More...]

Foundation Raising Funds for Veterans Memorial in Downtown Las Vegas

A local foundation is raising money to build a “world-class” veterans memorial in downtown Las Vegas. The Las Vegas Veterans Memorial Foundation is seeking $2.2 million through its Brick Campaign, where bricks are being sold at a range of $250 to $550. All bricks can be purchased in honor of a veteran and customized with the… [More...]

TMC Financing Celebrates Celebrates Small Business Week

TMC Financing is Clark County’s leading provider of SBA 504 loans that help small business owners build or expand their facilities.

This week the Small Business Administration celebrate National Small Business Week in cities across the country. Events in San Francisco, Kansas City, Boston and Washington DC are joined by free webinars designed to help small business owners and entrepreneurs improve their businesses. Locally, TMC Financing is Clark County’s leading provider of SBA 504 loans that… [More...]

Business Indicators: April 2014

Nevada business indicators: April 2014. Includes status of U.S. Nevada, Las Vegas, and Reno economies.

The “second” estimate for fourth quarter 2013 shows U.S. real gross domestic product increasing at an annualized rate of 2.4 percent, lower than the 3.2 percent growth first reported in the “advance” estimate. The revision consisted of a smaller increase in personal consumption expenditures from third to fourth quarter 2013. Non-residential fixed investment, net exports… [More...]

TMC Financing Provides $4.69 Million SBA 504 Loan To Reliable Auto Sales

TMC Financing worked with Zions First National Bank to finance a $4.69 million project for Reliable Auto Sales.

TMC Financing, Clark County’s largest provider of SBA 504 loans, worked with Zions First National Bank to finance a $4.69 million project for Reliable Auto Sales in Las Vegas. Ann Santiago served as TMC’s business development officer for the transaction. The financing package was used to purchase three parcels with four existing buildings comprising 72,850… [More...]

Best Year in Five Years for Southern Nevada’s Industrial Real Estate Market

Southern Nevada’s industrial real estate market enjoyed one of its best years in recent memory. That is according to a recent report provided by Colliers International – Las Vegas. “Without a doubt, 2013 was the best year Southern Nevada’s industrial real estate market has had in five years,” said Colliers’ research director John Stater. “Hopefully, it… [More...]

Business Indicators: February 2014

Read Nevada business indicators: February 2014. Includes status of U.S. Nevada, Las Vegas, and Reno economies.

The “third” estimate for third quarter 2013 shows U.S. real gross domestic product increasing at an annualized rate of 4.1 percent, an improvement over the 3.6 percent growth reported in the “second” estimate. Higher levels of personal consumption expenditures and nonresidential fixed investment were responsible for the upward revision. Residential investment, net exports, and state… [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...]