Reno Corks & Kegs Event to Raise Money for Nevada Health Care

Corks & Kegs guests will be able to sample a wide range of wine, spirits and craft beers, along with hors d’oeuvres and live music.

RENO – Enjoy live music and libations for a good cause at the second annual Corks & Kegs fundraiser for the Nevada Health Care Association (NVHCA) Perry Foundation on Saturday, March 14, at 5 p.m. at JA Nugget in Sparks. Corks & Kegs guests will be able to sample a wide range of wine, spirits and craft beers, along with hors d’oeuvres and live music. Proceeds from … [Read more...]

Gov. Sandoval Reappoints Dr. Jason Champagne to the Nevada State Board of Dental Examiners

SPARKS, Nev. — Jason Champagne, DDS and CEO of Champagne Family Dentistry, serves a second three-year term on the Nevada State Board of Dental Examiners, reappointed by Governor Sandoval. As one of the youngest members on the board, Dr. Champagne proudly aids in administering state clinical licensing exams, guaranteeing that only qualified professionals are licensed to … [Read more...]

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 has begun to swing … [Read more...]

Ninth Annual Healthcare Heroes

Healthcare Heroes began with the dual goal of honoring individuals that excel in healthcare and helping fund scholarships for future healthcare educators.

Legacy Now in its ninth year, Healthcare Heroes began with the dual goal of honoring individuals that excel in healthcare and helping fund scholarships for Nevada’s future healthcare educators. After realizing there wasn’t a program in place to honor individuals that have done amazing things to propel healthcare in the Silver State, Healthcare Heroes was born with 10 … [Read more...]

Office Summary: Second Quarter 2014

Southern Nevada The Las Vegas office vacancy rate declined in the second quarter of 2014 after increasing in the first quarter of the year. During the latest period, the sector reported a vacancy rate of 25.2 percent, which is down 0.4 percentage points from the prior quarter. Compared to a year ago, vacancies have fallen 0.5 percentage points. The office market vacancy rate … [Read more...]

Nevada’s Residential Market: A Season of Change

For the last two years, Nevada’s residential housing market has seen substantial rebound, with significant effect on prices.

For the last two years, Nevada’s residential housing market has seen substantial rebound, with significant effect on prices. Lowered median home prices have created low inventory and a seller’s market, which in turn impacted distressed properties and neighborhoods. “People are a lot smarter today, having learned from mistakes that occurred in the market; buyers are much … [Read more...]

Industrial Summary: Second Quarter 2014

Southern Nevada The Las Vegas industrial market vacancy rate stood at 10.9 percent by the end of the second quarter of 2014. The latest period represents a decline of 0.9 percentage points when compared to the prior quarter. Compared to a year ago (Q2 2013), industrial vacancies in the Valley have fallen an even more substantial 3.4 percentage points. The vacancy rate is now … [Read more...]

Vegas Home Prices Rise, Market Sees More Traditional Buyers

The median price of an existing single-family home sold in Southern Nevada during June was $199,900 - the highest mark since September 2008. This is according to recent statistics released by the Greater Las Vegas Association of REALTORS (GLVAR). The median price is 2.5 percent higher than May and up over 14 percent compared to June 2013. GLVAR President Heidi Kasama called … [Read more...]

Boreham Promoted To Q&D Construction Vice President, Aviation Services

Q&D Construction announces the promotion of Duane Boreham to vice president, Aviation Services.

RENO, Nev. – Q&D Construction announces the promotion of Duane Boreham to vice president, Aviation Services. As head of the Aviation Services Division for the 50-year-old company, Boreham is responsible for management of all Q&D Aviation Services projects, which range from single kiosk installations to multi-million-dollar baggage system upgrades, terminal expansions … [Read more...]

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 … [Read more...]

Nevada Real Estate & Development Report: May 2014

Read the Nevada Real Estate and Development Report: May 2014 - Commercial real estate and development - projects, sales, and leases.

E Project, Industrial ADDRESS 400 S. Seventh St., 89101 DETAILS The Korte Company completed the Robert T. Eglet Advocacy Center in Downtown Las Vegas. The $17.5 million three-story building covers 96,875 SF with office space occupying a little over 47,600 SF. The architect for the project was Design Cell Architecture. H Sale, Industrial ADDRESS 1175 Center Point Dr., … [Read more...]

Industrial Summary: First Quarter 2014

Southern Nevada The Las Vegas industrial market continued to witness substantial demand in the first quarter of 2014. The sector’s vacancy rate fell to 12.2 percent during the period, which is down 0.8 percentage points from the prior quarter. Compared to a year ago, vacancies are down an even more dramatic 2.8 percentage points. The industrial market vacancy rate has … [Read more...]

Business Indicators: May 2014

Nevada business indicators: May 2014. Includes status of U.S. Nevada, Las Vegas, and Reno economies.

The “third” estimate for fourth quarter 2013 shows U.S. real gross domestic product increasing at an annualized rate of 2.6 percent, higher than the 2.4 percent growth first reported in the “second” estimate. The revision consisted of a larger increase in personal consumption expenditures from third to fourth quarter 2013. Nonresidential fixed investment, net exports and state … [Read more...]

April 2014: Around the State

Read business news from around Nevada for April 2014.

Nevada Leads the Way in Clean Energy According to a report from the Clean Energy Project, since 2010 Nevada has invested at least $5.5 billion in clean energy projects. The state ranks sixth in the United States in installed solar capacity and will host four major trade conferences for the clean energy sector this year. The industry is boosted in the Silver State because of … [Read more...]

Retail Summary: Fourth Quarter 2013

Southern Nevada The Las Vegas retail vacancy rate fell below 10 percent or the first time since 2008 as it ended 2013 at 9.2 percent. The latest rate is down 0.2 percentage points from the prior quarter and represents a decline of 0.8 percentage points from the prior year. During the fourth quarter, the retail sector reported positive net absorption with 147,900 square feet … [Read 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 and … [Read more...]

Officials Break Ground on Moapa Paiute Tribe Solar Project

The first utility-scale solar project on tribal land is underway in Southern Nevada. U.S. Senate Majority Leader Harry Reid (NV) joined representatives from the Moapa Band of Piautes and executives from First Solar, Inc. (Nasdaq: FSLR) and the Los Angeles Department of Water and Power (LADWP) to kick off construction on the 250 Megawatt power plant. The project is located on … [Read more...]

NVHCA Perry Foundation recognizes Nevada’s top-performing health care facilities and professionals

The NVHCA Perry Foundation “Endeavors” recently recognized the state’s top-performing health care facilities working in post-acute care with events.

LAS VEGAS – The Nevada Health Care Association (NVHCA) Perry Foundation “Endeavors” recently recognized the state’s top-performing health care facilities working in post-acute care with events at John Ascuaga’s Nugget Casino Resort in Sparks on March 1 and at Silverton Casino Hotel in Las Vegas on March 8. The Perry Foundation is a nonprofit organization that works with its … [Read more...]