We have all watched the situation in Greece, where failed socialist policies caused a fiscal crisis that almost brought down the entire European economy. We’ve also seen California brought to the verge of fiscal collapse by an ever-growing burden of debt and unfunded liabilities. It should be obvious by now that the Democrat party’s vision of cradle-to-grave government … [Read more...] about Funding the Socialist Vision: Will Nevada Become Another Greece?
Archives for July 2010
Whether in the glow of Las Vegas neon, on Lake Tahoe ski slopes or under rural Nevada stars, the Silver State’s tourism industry plugs steadily along toward a rebound from its steep fall. Industry officials would love to spur the recovery of Nevada’s behemoth industry at a faster pace from nearly two years of severe decline in both leisure and convention travel, but they … [Read more...] about Tourism: The Lay of the Land
In the midst of an economic downturn unlike any we’ve seen in recent history, being named one of the “Best Companies to Work For” is quite an achievement. The unfortunate fact is, with so many qualified employees in the market today, many executives don’t feel that offering extra incentives is important. However, the executives for this year’s twelve “Best Companies” disagree … [Read more...] about Best Companies to Work For: It’s All About the People
When trying to conserve funds, many businesses look to their CPA’s for help. Whether through tax breaks or better financial organization, having an accountant that is trustworthy and knows their way around the many changing tax laws is important for all businesses. Recently, executives representing the accounting industry met at the law offices of Holland & Hart in Las … [Read more...] about Industry Focus: Accountants
Unemployment Rate in Nevada Highest in the Nation According to the Bureau of Labor Statistics (BLS) the overall unemployment rate in Nevada climbed to 14 percent in May, beating out Michigan who previously had the highest unemployment rate in the country. Additionally, the unemployment rate for teens in Nevada is now the second highest in the country at 34.6 percent. Minimum … [Read more...] about July 2010: Around the State
Partner Las Vegas, Reno, San Francisco Number of Employees: 35+ Years in Nevada: 7 Years with Company: 3 What inspired you to get into your industry? As a child, before I even knew what lawyers did, I would say that I wanted to be an attorney. After about five years in Washington, DC working for a national non-profit organization, I decided to go back to law … [Read more...] about Ryan E. Johnson: Watson Rounds
For Adam Gregory, being a CCIM means others recognize his commercial real estate experience and credibility. For Tedd Rosenstein, it means having a thorough understanding of the profession and, as a result, confidence and success. For Soozi Jones Walker, being a CCIM means having the tools, education and networking opportunities for personal and professional achievement. For … [Read more...] about Giving Members the Tools to Succeed: Certified Commercial Investment Members
With so much negative commentary in the print and broadcast media about the banking industry, it’s easy to miss the fact that over 8,300 traditional, FDIC-insured banks and their more than two million employees are serving towns and cities across the country, committed to helping their communities thrive. Lending typically declines in recessions. In this recession, however, … [Read more...] about Banking: The Flip Side
Good news is hard to find in the world of commercial real estate. Mostly there’s lesser bad news, and even that has to be ferreted out. The silver lining to Nevada’s economic tumble is a bit tarnished. According to Lance Bradford, president, Stable Development, “The market is slowly getting better. It would be going more quickly, but the biggest weakness we have right now is … [Read more...] about Space Available: Commercial Real Estate Vacancies and Projects
Las Vegas Vacancies within the Las Vegas commercial retail market moved upward while average asking rents continued to decline in anchored-retail centers during the first quarter of 2010. Reporting a vacancy rate of 10.5 percent at the close of the first quarter of 2010, vacancies remain up 0.9 points from 9.6 percent during the same period of the prior year (Q1 2009). … [Read more...] about Retail Summary: First Quarter 2010
The US economy has posted several quarters of solid growth in gross domestic product. Most of that growth has been driven by consumption spending and firms restocking inventories, although business investment in equipment and software made a strong showing in the first quarter of 2010. Still, there is evidence of continued weakness in the US economy. The May 2010 employment … [Read more...] about July 2010: Business Indicators
"Teachers teach more by what they are than by what they say.” – Author Unknown “Learning is like rowing upstream: not to advance is to drop back.” – Chinese Proverb There’s really no substitute for experience. With that in mind, University of Phoenix (UOP) requires its faculty members to have both the academic background to teach and, just as importantly, experience in … [Read more...] about Experience Matters: Those who can’t “do” need not apply.