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…]

The Survivors: Builders and Developers in Nevada

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The economic downturn in 2007 left both residential and commercial developers and builders in the Silver State scrambling for work. Many were forced to downsize their staffs, and some even closed their doors. “Since 2008, the development business has been a fraction of what it was,” said Doug Kiersey, president of Dermody Properties, a Reno-based… [More…]