Nevada Real Estate & Development Report: October 2013

Nevada ReD Report October 2013: Commercial real estate and development - projects, sales, and leases.

Projects Henderson, 89052 Hospital Burke Construction has begun construction on the Seven Hills Behavioral Institute Expansion project. Plans for the project include the conversion of an existing one story, 15,000 SF office building to an institutional occupancy building. Upgrades will provide additional space for 36 new inpatient psychiatric beds located within two nursing units. The… [More...]

Mike Hix: First Independent Bank

Meet Mike Hix: Senior Vice President, First Independent Bank

Senior Vice President Reno, Sparks, Carson City & Fallon http://www.firstindependentnv.com/ How did you first get into your profession? I actually started out in banking over 32 years ago as a collector, which included sometimes having to repossess cars. It helped to teach me how to deal with folks in very difficult situations and gave me an excellent… [More...]

Business Financing: An Economic Bright Spot

The business financing picture in Nevada today is brighter than it was during the two years following the country’s great recession.

The business financing picture in Nevada today is brighter than it was during the two years following the country’s great recession. Capital is available. Businesses are seeking financing, and lenders are closing loans. “Things are definitely looking up,” said Bob Francl, executive vice president and regional manager of First Independent Bank, which serves clients primarily… [More...]