For far too long now, Nevada has been increasing the regulatory and tax burden on businesses, while simultaneously giving special handouts to politically connected companies and industries. It’s an environment that is ripe for corruption, abuse and political shenanigans. It breeds “protectionist lobbying,” allowing politically connected companies to squeeze out small … [Read more...] about The Elections Aren’t the End: They’re Just the Beginning
Archives for November 2016
Industry Focus: Commercial Real Estate Brokers
Overall, commercial real estate (CRE) in Nevada has been seeing an uptick from the recession. However, some markets are recovering more quickly than others and there are still many challenges the industry must face moving forward. Recently, CRE experts met at the Las Vegas offices of City National Bank to discuss the changes, challenges and opportunities, facing the industry in … [Read more...] about Industry Focus: Commercial Real Estate Brokers
Movers & Shakers: John Dougherty
Dean – College of Osteopathic Medicine Touro University Nevada (12 years in NV) Type of Business: Higher Education, Health Care | Hails from: Joplin, Missouri | Based in: Henderson What is the best moment of your career? Best and worst on the same day. Watching physicians I trained as medical students and then residents and knew from the time they were in junior high, … [Read more...] about Movers & Shakers: John Dougherty
A Place to Live: Nevada’s Residential Market
Call it flattening or softening or just call it a leveling off – Nevada’s housing market seems to have found an even keel in the second half of 2016, and most professionals in the industry are calling that a good thing. After the housing bubble hit Nevada in the early 21st century when demand outstripped supply and prices rose over weekends and overnight, the inflationary … [Read more...] about A Place to Live: Nevada’s Residential Market
Red Report: November 2016
E Project, Office ADDRESS 700 S. 3rd St., 89101 CONTRACTOR OF RECORD OS Construction Services, Inc. DETAILS Rogers, Mastrangelo, Carvalhi & Mitchell, Ltd. (RMCM), a law firm, has broken ground on new headquarters in downtown Las Vegas. The 1.2 acre site will undergo the demolition of an existing building and construction of a new two-story building with Class A finishes … [Read more...] about Red Report: November 2016
Industrial Summary: Third Quarter 2016
Southern Nevada The Las Vegas Valley’s overall industrial vacancy rate in Q3, 2016 was 5.2 percent, unchanged from Q2, 2016. As of Q3, it now appears that the industrial market rate is at full occupancy, as the market absorbs new space and the existing inventory is remade to fit the new demand for larger space. There were 565,340 square feet of industrial completions in Q3 … [Read more...] about Industrial Summary: Third Quarter 2016
Business Indicators: November 2016
The U.S. real gross domestic product (GDP) grew at a 1.4 percent annual rate in the second quarter of 2016, revised up by 0.3 percentage point from the second estimate. The upward revisions mainly reflected an increase in nonresidential fixed investment, which decreased in the previous estimate. Large gains in consumer spending contributed to a rise in real GDP, while cutback … [Read more...] about Business Indicators: November 2016
What Are You Most Thankful For?
“I’m thankful for it all – for my family, friends, pets, clients, our quality team at Foundry, the beautiful fall weather, upcoming holiday gatherings and any Wolf Pack victory of UNLV.” Jim Bauserman | CEO, Foundry “I am most thankful for laughter. For fun. For funny people. They can make even your worst day sparkle.” Stephanie Kruse | President and Chief Strategist, … [Read more...] about What Are You Most Thankful For?