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...]

Fueling Our Future

Regional Transportation Commission of Southern Nevada to support legislation to index the fuel tax to inflation in Clark County for three years.

As Southern Nevada rebounds from the recession, it has become a community that is much more engaged and collaborative with the goal of making the Valley a better and more vibrant metropolis. Businesses, local governments and community organizations work together, now more than ever, to help improve, grow and diversify our economy. This spirit of… [More...]

CALV, AOK Volunteer to Clean Up W. Flamingo Park

Commercial Alliance Las Vegas continue their tradition of community service to clean up trash and graffiti W. Flamingo Park.

Local real estate professionals from the Commercial Alliance Las Vegas (CALV) continued their tradition of community service on Oct. 19, when nearly 20 volunteers from CALV and Acts of Kindness (AOK) teamed up to clean up trash and graffiti plaguing West Flamingo Park in the southwest part of Las Vegas. CALV President Tedd Rosenstein, CALV… [More...]

JAG Program Implemented In Nevada to Address High School Drop-Out Crisis

As Nevada continues to diversify our economy and get our fellow citizens back to work, we believe that the discussion about the outlook of Nevada’s future must begin with the state of our education system. The number of high school drop-outs in our state remains at staggering proportions and the unemployment rate for youth stands… [More...]

Senator Richard H. Bryan recognized by Clark County Bar Association

Nevada Business Press Release for March 25th

Honored for 50th Year Anniversary of His Admission to Nevada Bar Las Vegas, NV (March 25, 2013) – Senator Richard Bryan, a shareholder in the Firm’s Gaming & Regulatory Law Department and member of its Executive Committee, was honored at the Clark County Bar Association’s annual 40 Year Club Induction Ceremony Luncheon. He celebrated a… [More...]

Catalyst Fund Approval will Create Hundreds of Jobs

The Nevada Governor’s Office of Economic Development (GOED) Board recently announced the approval of three Catalyst Fund applications for companies seeking to open operations in Nevada.  This approval will create hundreds of jobs. The companies receiving approval are SolarCity, Cristek Interconnects Inc., and Nicholas & Co. Inc. “I am pleased by the approval today of… [More...]

GOED Board Approves Catalyst Applications for Three Companies

Nevada Business Press Releases for March 21st

GOED BOARD APPROVES CATALYST APPLICATIONS FOR THREE COMPANIES, HUNDREDS OF JOBS FOR NEVADA CARSON CITY, Nev. (March 21, 2013). – The Nevada Governor’s Office of Economic Development (GOED) Board today announced the approval of three Catalyst Fund applications for companies seeking to open operations in Nevada and creating hundreds of jobs: SolarCity, Cristek Interconnects Inc.,… [More...]

Getting There: Transportation in Nevada

Transportation in Nevada

Nevada is a hub state, with easy access and distribution from both ends of the state to the Western states. Northern Nevada offers access by roadways, railways and an international airport as well as additional airports in surrounding areas. Southern Nevada offers ground access to Los Angeles, Phoenix, Salt Lake City and points south. The… [More...]

Architects & Engineers: Creating Opportunities

Architects and Engineering Opportunities in Nevada

Nevada’s architects and engineers particularly were hard hit when the state’s residential and commercial real estate activities abruptly stopped and the recession began. Numerous firms downsized their staffs and operations. Economic conditions forced many of these professionals to leave Nevada for available jobs in other states or remain in the Silver State and pursue a… [More...]

Office, Retail Markets Show Signs of Growth in Fourth Quarter

Nevada Business Press Releases for January 21st

Commercial Real Estate Experts Anticipate Slow Growth in 2013 LAS VEGAS (January 21, 2013) – With vacancy decreasing in the office and retail sectors, Colliers International – Las Vegas’ fourth quarterly market report of 2012 points to signs of slow and steady growth in 2013, despite increases in vacancy in the industrial and medical office… [More...]

Economic Development: Critical to Nevada

Economic Development: Critical to Nevada

When it comes to Nevada’s future, economic development is critical. Over the last 12 months, The Silver State has made strides on this front. Among other accomplishments, the Governor’s Office of Economic Development (GOED) hired a leader in November 2011. This spring Gov. Brian Sandoval released “Moving Nevada Forward: A Plan for Excellence in Economic… [More...]

Vincent Schettler Joins Colliers International as Senior Vice President in Land Division

Nevada Press Releases for December 17th

LAS VEGAS – (December 17, 2012) – Mike Mixer, managing partner of Colliers International – Las Vegas, announced today the company has hired Vincent Schettler as a senior vice president within the company’s land division. Schettler’s areas of expertise include land acquisition, negotiation and project management. As a member of the land division, he will… [More...]

2013 Economic Forecast: Watch for the Wild Card

2013 Economic Forecast: Watch for the Wildcard

As the end of 2012 nears, Nevada’s economy continues its gradual recovery, but the unemployment rate remains in the double digits and job creation is slow. What’s in store for the Silver State’s economy in 2013? Experts weighed in on their predictions for the coming year, which primarily are based on the performance of certain… [More...]

Taxpayers Don’t Prevail: Nevada’s prevailing wage law benefits narrow groups at public expense

Imagine you’re a plumber living in Mesquite. For most jobs, you’d probably earn as much as a plumber living in nearby St. George, Utah — $19.67 per hour, on average, according to data from the U.S. Department of Labor. If you can get work on a public works project financed by Clark County or the… [More...]

CALV’s real estate pros to clean up West Flamingo Park on Saturday

Oct-24

Volunteers are welcome to pitch in and help on Make A Difference Day Who: Celebrating Make A Difference Day this Saturday, real estate professionals from the Commercial Alliance Las Vegas (CALV) are seeking volunteers to help them clean up trash and graffiti plaguing West Flamingo Park in southwest Las Vegas. Dozens of volunteers are expected… [More...]