In one of the fastest growing cities in the country, Nigro Development, LLC has earned respect in a competitive industry. Nigro Development, LLC has been developing retail, commercial and residential projects since 1979. Established by Edward Nigro, the firm is a second-generation company dedicated to creating developments of distinction. “Growing up in Las Vegas and knowing … [Read more...] about Nigro Development, LLC: Family Owned and Operated
Archives for April 2007
April 2007: Business Indicators
Residential housing continues to rebalance. US housing starts are down 18 percent, measured December 2006 to December 2005. Meanwhile, residential permitting in Las Vegas and Reno is down by more than 60 percent, January 2007 to January 2006. The more severe contraction for the Nevada housing market shows the better economic prospects of the Silver State compared to other … [Read more...] about April 2007: Business Indicators
School Vouchers: A Solution for Nevada
Each time the Nevada Legislature convenes, lawmakers struggle to solve the problem of an educational system that is failing the state’s children. Occasionally, a creative solution like the Millennium Scholarship program is passed. More often, a few well-intentioned modifications to the current system are proposed, but by the time they are watered down enough to get past all the … [Read more...] about School Vouchers: A Solution for Nevada
Avoid Hidden 401(k) Fees: Costing Plan Holders and Companies Millions
At the end of 2006, more than 500,000 plans were in place with 47 million participants and combined assets of $2.9 trillion dollars. However, numerous fees are keeping plan holders from receiving monies that are rightfully theirs. The majority of these fees are kept hidden from plan holders. There are four types of fees within 401(k)s: contract, fund, employer and employee. … [Read more...] about Avoid Hidden 401(k) Fees: Costing Plan Holders and Companies Millions
Taking Your Company Public: The Process, Headaches and Rewards
When Maurice Gallagher, Jr., CEO of Allegiant Travel Company, rang the closing bell at NASDAQ in January, he became the envy of a large number of business entrepreneurs. Gallagher and key employees were celebrating their successful launch as a public company. Since the NYSE’s birth in 1792, many business owners have dreamed of seeing their company’s symbol listed on a stock … [Read more...] about Taking Your Company Public: The Process, Headaches and Rewards
Retail in Nevada: Emerging Trends in the Market
In Nevada, it seems like shopping centers are built overnight – one minute its an empty piece of land, and the next, a retail power center. The retail industry is consistently moving forward and providing opportunities and challenges that affect all Nevadans in some way. From casino and resort retail developments to power centers and mixed-use developments, the retail market in … [Read more...] about Retail in Nevada: Emerging Trends in the Market
Nevada Rolls Out the Red Carpet: Democratic Presidential Candidates Visit the State
For a moment, you might have thought you were in New England, not Northern Nevada. The air was crisp and presidential candidates, along with their entourages and the media, nearly outnumbered residents. Nevada’s new Democratic presidential caucus schedule has made the Silver State an important destination for potential candidates, and for a couple of days Nevadans got a … [Read more...] about Nevada Rolls Out the Red Carpet: Democratic Presidential Candidates Visit the State
Thank You! That Wasn’t Hard, Was It?
When people talk about reward systems, the focus often shifts to money and benefits. In the day-to-day activities of the workplace, all too often the words “thank you” are seldomly heard. In many work environments, employees discuss what they like and dislike about their company and its leaders. Money and benefits aside, it is often the way employees are treated that makes a … [Read more...] about Thank You! That Wasn’t Hard, Was It?
What is being done to expand and diversify Nevada’s economy? The Nevada Business Partnership
The economic vitality of Nevada is certainly critical to the quality of life for all Nevadans, and the tourism and hospitality industries continue to be steadfast anchors to our state’s robust economy. We must never lose sight, however, of the strategic importance of continuing to diversify our economy to protect this state from potential downturns in these historical sources … [Read more...] about What is being done to expand and diversify Nevada’s economy? The Nevada Business Partnership
Michael Montandon: Mayor of North Las Vegas
The city of North Las Vegas is not what it used to be. Currently, in the state of Nevada, North Las Vegas is the fourth largest city. Michael Montandon has been the mayor of North Las Vegas for 10 years. In a recent interview, he discussed everything from new develoments to future goals. What were you doing before you became mayor? Well, I was a commercial real estate … [Read more...] about Michael Montandon: Mayor of North Las Vegas
April 2007: Building Nevada Briefs
Elementary School Gets LEED Makeover The Clark County School District recently approved a new design for the replacement building of Tom Williams Elementary School. DCC architects developed a Leadership in Energy and Environmental Design (LEED) equivalent, two-story building to accommodate 21 percent more students into a site 40 percent smaller than the typical size. The new … [Read more...] about April 2007: Building Nevada Briefs
April 2007: Business Up Front
Addicted to E-mail? We have become a nation so reliant on e-mail that if our internet connection shuts down for an hour, we feel lost, unable to accomplish anything,” said Marsha Egan, CEO of Egan E-mail Solutions. When e-mail was introduced, there were no guidelines on how to use it. Consequently, individuals have developed bad e-mail habits – like using e-mail as an urgent … [Read more...] about April 2007: Business Up Front
Communities In Schools: Helping Kids Prepare for Life
The state of Nevada is facing perhaps the largest challenge to the education system in decades. Students are dropping out of school at alarming rates – nearly 11 percent of Nevada’s students dropped out of high school in 2005 as compared to the national average of 7 percent. With the help of Communities In Schools of Southern Nevada (CISSN), students are given the chance to … [Read more...] about Communities In Schools: Helping Kids Prepare for Life
April 2007: Face to Face
David R. Picerne President & CEO Picerne Real Estate Group Las Vegas and Phoenix Years in Nevada: 20 Years with Firm: 28 Type of business: Development, Construction & Management Biggest business challenge: Figuring out how to contain costs in escalating markets, dealing with the highs and lows of a cyclical industry. What do you enjoy most about your … [Read more...] about April 2007: Face to Face
Industry Focus: Commerical Brokers
Recently, a group of Nevada commercial real estate brokers sat down to discuss the challenges facing Nevada’s commercial market, such as recruitment, land prices, growth and broker education. Connie Brennan, publisher of Nevada Business Journal, served as the moderator for the event as part of the magazine’s monthly Industry Focus series, which brings industry leaders together … [Read more...] about Industry Focus: Commerical Brokers