As I’m sure you’ve already heard, just before the end of 2018, President Trump announced that he would be pulling 2,000 American troops from Syria and removing the United States’ presence from the area. The move was motivated by what the President referred to as Isis’ defeat in Syria as well as the cost in terms of U.S. lives and taxpayer money. In mid-December, when announcing … [Read more...] about From the Publisher
Archives for February 2019
BankingLet the Good Times Roll
Mirroring the vibrancy of Nevada’s economy, the state’s banking industry is robust, expanding and expected to remain strong throughout 2019, experts said. “It’s a great time to be a bank in Nevada,” said Stan Wilmoth, president and CEO of Heritage Bank of Nevada. Loans and deposits at the Northern Nevada community bank increased about 8 to 10 percent last year, and Wilmoth … [Read more...] about Banking
How About Now?Exit Planning
Business owners have an exit strategy issue. There’s a consensus among exit planning professionals that their clients often don’t think about their plans until it’s too late. “It’s one of those things, like an estate plan, that everyone knows they should do but it’s easy to put off,” said Shawn Pearson, an attorney at Woodburn and Wedge in Reno. “It’s like exercising and … [Read more...] about How About Now?
Industry FocusBuilders & Developers
In many ways the commercial real estate industry is thriving. While the industry isn’t facing the issues it was during the recession, builders and developers are facing and adapting to a new set of challenges. Recently, executives representing builders and developers in Nevada met at the Las Vegas office of City National Bank to discuss building and development … [Read more...] about Industry Focus
The Return of Office 2019Nevada’s CRE Office Industry
Nevada’s commercial real estate office market is healthy, but not considered robust. Hit hard during the 2008 recession, it’s good to see vacancy rates dropping and rents increasing, but there’s been very little new product built in the last decade, which accounts for at least some of the continuing drop in vacancy rates. “The office market is not where we’d like it to be, … [Read more...] about The Return of Office 2019
Ready to WorkNevada Industry Excellence and an Opportunity-Driven Workforce
Education, collaboration and an educated workforce together describe the system of agencies and organizations working to build a pipeline from educated workers to the employers representing high demand jobs in Nevada. One such agency is Nevada Industry Excellence (NVIE). The industrial outreach program of the Nevada System of Higher Education (NSHE), NVIE is administered by … [Read more...] about Ready to Work
Candyce Farthing
Superintendent of Legacy Traditional Schools in Nevada, Legacy Traditional SchoolsType of Business: Charter SchoolBased: HendersonHails from: Camano Island, Washington Years Company in Nevada: 3Year with Company in Nevada: 1Employees with Company: 233 What was your first job? My first job was babysitting my cousins and for several local families. When I was in high … [Read more...] about Candyce Farthing
Vital SignsHealthy Nevada Project Statewide Initiative Seeks to Improve Population Health
A project that began in 2016 through a partnership with Renown Health and the Desert Research Institute (DRI), Healthy Nevada has gained national attention for its approach to population health. The study involves harvesting DNA from a significant population, providing individuals with information on their health risks as well data to study population health issues and … [Read more...] about Vital Signs
Around the StateFebruary 2019
NSHE Partners with CCSD and Adopts Goals The Board of Regents has approved a memorandum of understanding between the Nevada System of Higher Education (NSHE) and the Clark County School District (CCSD) which will focus on remediation, dual enrollment and increasing career and technical education opportunities. In addition, the president’s of NSHE institutions recently held … [Read more...] about Around the State
Free Market WatchGovernment Power is Political Power by Another Name
In October of 2018, Hillary Clinton argued that states, not the federal government, is where social justice warriors should focus their efforts. The recommendation was in response to the new “conservative” direction of the Supreme Court, and a Trump administration that is quickly using the largess of executive power to reorganize the federal government’s priorities. It was a … [Read more...] about Free Market Watch
Commercial RE ReportIndustrial Summary: Fourth Quarter 2018
Northern Nevada By CBRE Reno When reviewing 2018 and examining overall real estate fundamentals, the Reno industrial market continues to perform well. The region has been running at historically high demand levels for the past six years characterized by consistent demand, disciplined development, strong fundamentals, and increasing rental rates. Illustrating this has been … [Read more...] about Commercial RE Report
Business IndicatorsFebruary 2019
The “third” estimate of the growth rate of U.S. real gross domestic product (GDP) for the third quarter of 2018 fell by 0.1 percent to an annual rate of 3.4 percent compared to the “second” estimate. The revision reflected smaller-than-expected personal consumption expenditure and net exports, which a larger-than-expected private inventory investment partly offset. U.S. nonfarm … [Read more...] about Business Indicators
Last WordHow did you meet your spouse?
“I met my husband while working on my resume at my father’s office at a Las Vegas engineering firm, where he also worked. He walked by me and said to himself, ‘I’m going to marry her.’”Darcy K. Neighbors, Founder/CEO, CIM Marketing Partners “You could say music brought us together. I met my husband, Dan, at the University of Colorado. We were both music majors, played in … [Read more...] about Last Word