How do you solve a problem like Senator Dean Heller? He was elected on a conservative platform, touting conservative values and the moral high ground. But, since he was elected, his voting record tells a different story. It’s a common tale in the United States, politicians tell us what we want to hear to get in office and play the game to stay there. Nevada, which was one of … [Read more...] about A Wolf in Republican Clothing: The Dean Heller Dilemma
Archives for January 2018
It’s been a decade since the great recession hit Nevada. As we start the new year of 2018, the state’s economy overall remains in recovery mode, with the majority of related metrics remaining below their peaks in 2006 and 2007. Looking forward, we can expect continued steady, incremental growth of the economy in the Silver State at both regional ends, experts said, which is … [Read more...] about Nevada’s Economic Outlook: 2018 Blue Skies Ahead
Lawyers have always served as society’s designated worriers, but Nevada’s legal practitioners seem to be wringing their hands a little more than usual these days for several reasons. While the resurgent state economy is creating lots of opportunities, a strong economy also creates its own set of challenges. Lawyers worry about the arrival of big competitors from out of … [Read more...] about Legal Concerns: Law Firms Today
Non-profits in Nevada are facing a myriad of challenges from finding qualified staff and volunteers to changes to the federal tax code. Recently, executives for Nevada non-profits met at the Las Vegas offices of City National Bank to discuss these and other issues facing their industry. Connie Brennan, publisher and CEO of Nevada Business Magazine, served as moderator for … [Read more...] about Industry Focus: Non-Profit
As one of the fastest growing metropolitan areas in the country, it’s no surprise Las Vegas has a strong economic engine. A creatively strong economy, Las Vegas is blending new technology with existing infrastructure, from the downtown Innovation District to the Smart Cities Initiative. Historically, the city has been a strong economic engine but, “The recession was a … [Read more...] about Las Vegas Reinventing a Strong Future: Open for Business
UnitedHealth Buys DaVita’s Primary and Urgent Care United Health Group, Inc., the largest health insurer in the United States, has announced the purchase of DaVita Inc.’s primary and urgent care services for $4.9 billion. DaVita operates medical groups in six states, including Nevada, and serves 1.7 million patients through approximately 300 clinics. In addition, the purchase … [Read more...] about Around the State: January 2018
Fifty-four years ago this month, President Lyndon B. Johnson announced the beginning of what would turn out to be America’s longest running war: the “War on Poverty.” “This administration today, here and now, declares unconditional war on poverty in America,” boomed Johnson, basking in the applause the grand declaration guaranteed him during his State of the Union … [Read more...] about Where’s the ‘Progressive’ Outrage over Government’s Failures?
Latitude 36 Food, LLC This supplier of condiments for packaged salads and fresh produce has moved their operations to Reno. Buying raw materials in bulk, the company then packages the items into smaller condiments and single-serving cases for prepared boxed salad kits, an industry which has seen a significant demand increase over the past year. The new Washoe County location … [Read more...] about Welcome to Nevada: January 2018
Founder and CEO Ev&A Architects (11 years in Nevada) Type of Business: Architecture | Hails from: South Dakota | 11 years with company in Nevada | Based in: Las Vegas, NV How did you first get into your profession? I was born in South Dakota, and raised in Eveleth, Minnesota. I essentially grew up in the Great White North with my brother and two sisters enjoying … [Read more...] about Movers & Shakers: Edward A. Vance
Weighing the benefits of leasing or owning real estate is important for any business, but Nevada real estate professionals said there’s no definitive answer to which option is best. Both leasing and owning real estate offers businesses advantages and disadvantages and the decision of which route to take is up to the leadership at each company, said Jeff Jenkins, executive … [Read more...] about Weighing The Options: Owning Versus Leasing Commercial Real Estate
BC Loan, Multi-Family ADDRESS 1307 Darlene Way, 891 Del Sol Dr. & 874 Del Rey Dr., 89005 LOAN OFFICER Ory Schwartz of NorthMarq Capital DETAILS NorthMarq Capital arranged acquisition financing of $6,036,000 for three multi-family properties in Boulder City. The transaction was structured with a 10-year term on a 30-year amortization schedule. E Sale, Office ADDRESS … [Read more...] about Red Report: January 2018
Northern Nevada By NAI Alliance The Reno/Sparks retail market saw continued improvement in the third quarter. Two anchor tenants opened stores in the market this quarter. Grocery Outlet opened their fourth location in the Spanish Springs Shopping Center in a portion of the former Scolari’s grocery store site. Sprouts opened their first local store along with Starbuck’s in … [Read more...] about Retail Summary: Third Quarter 2017
The “second” estimate for U.S. real gross domestic product (GDP) for the third quarter of 2017 posted the strongest growth in three years, expanding at a 3.3 percent annualized rate. The upward revision of 0.3 percent from the first estimate of 3.0 percent reflected stronger-than-expected business investment, especially inventories. A smaller loss in state and local government … [Read more...] about Business Indicators: January 2018
“To share the lessons of hope, resilience, and renewal I saw time and again in hard-hit Nevada communities in 2017 with all communities around the state in 2018.” Caleb S. Cage | Chief, Nevada Division of Emergency Management “Professionally I’m excited to watch Nevada continue to grow in 2018 and look forward to counting the construction cranes. Personally, I’m most excited … [Read more...] about What Is on Your “Bucket List” to Accomplish in 2018?