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...]

Karla Perez Joins Board of Nevada State Bank

Nevada State Bank has added prominent Southern Nevada healthcare professional and businesswoman Karla J. Perez to its board of directors.

LAS VEGAS– Nevada State Bank has added prominent Southern Nevada healthcare professional and businesswoman Karla J. Perez to its board of directors. Perez serves as the regional vice president of seven hospitals within the western region of Universal Health Services (UHS). “We are delighted to have Karla with her business expertise and her commitment to the community joining… [More...]

Workforce Development In Nevada

From an economic development standpoint, workforce development and diversification is singularly the most important facet.

In the wake of the recession, with unemployment just under 10 percent, it would seem employers would have no problem filling positions. But though Nevada’s employment base is growing again, it remains below pre-recession levels and of people who have gone back to work, a disproportionate share have gone back part-time or in jobs that… [More...]

Report from The Private Bank by Nevada State Bank offers insight about affluent Nevadans

The May edition of the "High Net Worth Report" focuses on the concentration of high-income and high net worth households throughout the United States.

The Private Bank by Nevada State Bank releases research on lower percentage of high-income households in Nevada               LAS VEGAS – The Private Bank by Nevada State Bank released the sixth of its “High Net Worth Report” briefings today. The May edition focuses on the concentration of high-income households throughout the United… [More...]

The Private Bank by Nevada State Bank releases research on how the FICA holiday expiration is affecting Nevadans

The Private Bank by Nevada State Bank released the fifth of its High Net Worth reports today. The research report prepared by local market research firm Applied Analysis found that the state of Nevada has slightly more equitable income distribution than the nation as a whole; however, when it comes to the expiration of the… [More...]

The Private Bank by Nevada State Bank releases research on charitable giving by wealthiest Nevadans

Nevada Press Releases for December 28th

LAS VEGAS – Nevadans with a net worth of more than $1 million make up only 0.2 percent of the state’s population but account for more than 27 percent of its reported charitable contributions, according to a report from The Private Bank by Nevada State Bank. The third in the bank’s series of monthly reports… [More...]