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…]

Builders and Developers: Bullish on Nevada

Commercial real estate, which saw many projects stalled mid-recession, is finally moving in Nevada: contractors are hiring and builders are returning.

Nevada’s skyline is once again changing. Commercial real estate, which saw many projects stalled mid-recession, is finally moving: contractors are hiring and builders are returning. But is there activity across the board in all industry sectors – industrial, office, retail, mixed-use – or are some moving faster than others? Does it spell recovery? Or another… [More…]

Power Poll 2014: The Bounce Back

The 2014 Power Poll marks the twelfth year executives have weighed in on various issues that affect business for Nevada Business Magazine.

Optimism characterizes the mood of Nevada executives this year. Whether it’s waving goodbye to the recession or already having moved on to bigger and better things, business owners and executives have officially brushed off the oppressive economy and are now working on the bounce back. The 2014 Power Poll marks the twelfth year executives have… [More…]

NAIOP Southern Nevada Chapter Announces New Officers, Board of Directors, Committee Chairs and Liaisons for 2014

NAIOP Southern Nevada chapter has announced its 2014 officers, board of directors, committee chairs and liaisons.

NAIOP Southern Nevada chapter, a trade organization representing commercial real estate developers, owners and related professionals in office, industrial, retail and mixed-use real estate serving the Southern Nevada market, has announced its 2014 officers, board of directors, committee chairs and liaisons. The 2014 NAIOP Southern Nevada officers are as follows: President:  Mike Montandon, Insight Investment Partners President… [More…]

Builders & Developers: Resurgence in the Market

Commercial builders and developers in Nevada are moving ahead – not as robustly as they would like, to be sure – with projects in a variety of segments.

Commercial builders and developers in Nevada are moving ahead – not as robustly as they would like, to be sure – with projects in a variety of segments. John Restrepo, the principal of RCG Economics LLC in Las Vegas, has observed that Southern Nevada’s three major commercial markets – industrial, office and retail – are… [More…]

Finding our Niche: Distribution Centers in Nevada

Distribution centers are finding a foothold in Nevada, to the benefit of the state’s economy.

In an effort to diversify Nevada’s economy away from over reliance on travel and tourism, hospitality and gaming, economic development authorities throughout the state continue to work to find the perfect industries for Nevada’s business-friendly tax climate, wide-open spaces, multi-modal transportation systems and easy access to the 11 western states. In 2011, the Governor’s Office… [More…]

NSAA Market Trends Huge Success

Nevada Business Press Releases for March 4th

(Las Vegas, NV) – Nevada State Apartment Association held its Eighth Annual Market Trends event on February 15, 2013 at Treasure Island. With 324 apartment industry professionals in attendance (which was a 17% increase over the previous year), this was the MOST attended Market Trends event on record. 2013 Market Trends was a highly anticipated… [More…]

You’re Invited to Attend Market Trends with the NSAA

Nevada Business Press Releases for February 1st

NEVADA STATE APARTMENT ASSOCIATION PRESENTS MARKET TRENDS 2013 – Theme: IT’S NOT MONOPOLY MONEY February 15, 2013: Treasure Island – Grand Ballroom 8am-5pm (Las Vegas, NV) – Nevada State Apartment Association’s Annual Market Trends event is a convenient way to keep up with industry trends and gain local industry insight. Market Trends takes place each… [More…]

The Logistics of Economic Recovery: The Distribution Industry in Nevada

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That big-box warehouse down the street may not be the prettiest feature of the Nevada landscape surrounding you, but next time you’re driving past it, consider this: It, and other facilities like it, might just save the state’s struggling economy. Nevada is poised to become a major distribution center in the West. According to a… [More…]