I’m confident that anyone who tried to predict where they’d be at the end of 2020 was wrong. No one could have anticipated the realities of last year. Trying to plan for the future, either professionally or personally, has been challenging for many because we simply don’t know what’s just around the corner. We started the year with an air strike on Iranian army general Qasem … [Read more...] about Hot Market
Archives for January 2021
Economic Forecast 2021Recovery vs. Recession
February 2020: Nevada’s economy was at a peak. Unemployment stood at 3.6 percent. The state led the nation in new job creation. March 2020: Governor Sisolak ordered all nonessential businesses to close and Nevada entered the worst recession since 2008. In two months, 280,000 Nevadans lost jobs. The COVID-19 recession was a faster, larger drop than the Great Recession, … [Read more...] about Economic Forecast 2021
Industry FocusHealthcare
Overburdened with COVID-19 cases, healthcare in Nevada is experiencing one of its most challenging years in history. Leaders in healthcare have been committed to finding solutions to the industry’s most pressing issues and the pandemic has prompted innovation in the field. Recently, healthcare executives across Nevada met in a virtual roundtable, sponsored by City National … [Read more...] about Industry Focus
Time & SpaceArchitectural Design Trends
Architecture may be all about space — the creation of spaces, the blending of the built environment with the natural environment — but it’s often about time, too. As Nevada’s architectural professionals look forward to the evolution of design trends in 2021, they see lots of indications that the dramatically changing times in which we find ourselves will shape the … [Read more...] about Time & Space
Be Optimistic: The World as We Know it is Ending
So, this decade didn’t really start off on the right foot. In the span of three months, we went from happily ringing in the 2020 New Year with friends and family, to being confined to effective house-arrest as a global pandemic brought out the authoritarian tendencies of our elected officials. On top of that, the nation reeled from cultural and political divides that resulted … [Read more...] about Be Optimistic: The World as We Know it is Ending
Brooke Fiumara
Co-Founder & Chief Operating OfficerOPTX Type of Business: Casino Tech StartupBased in: Gardnerville, NVHails from: Texarkana, TX Years Co. has been in Nevada: 1.5Years with Company in Nevada: 1.5Employees with Company: 25+ What was your first job? [I was a] lifeguard at Wet n’ Wild, Las Vegas. What do you want your legacy to be? I want to be remembered as … [Read more...] about Brooke Fiumara
Mental Health in the Age of COVID-19Nevada Employers and their Power to Help
David Robeck is the president and CEO of Bridge Counseling Associates. Employers tout their medical benefits but often avoid an employee’s personal life. Both are important factors for employers to consider, especially now when so many employees are physically distant from their peers. Working from home has many benefits for employees but it has drawbacks as well. Mental … [Read more...] about Mental Health in the Age of COVID-19
Around the State
Sands Named to CDP Climate and Water A-Lists Las Vegas Sands has been recognized by the global environmental non-profit, CDP, for its sustainability strategy. The resort developer was named to the Climate A-List for the sixth consecutive year. The list measures the company’s work toward cutting emissions and mitigating climate risks, among others. In addition, Sands was … [Read more...] about Around the State
Commercial RE ReportRetail Summary: Third Quarter 2020
Northern Nevada By Dickson Commercial Group Retail had its second slow quarter in a row with only 11 total sales. The third quarter sales volume came in at $10,303,027. In comparison, Q1 2020 had a total sales volume of roughly $42 million and there was just over $48 million per quarter throughout 2019. The average price per square foot was $331.26. The social … [Read more...] about Commercial RE Report
Business IndicatorsJanuary 2021
The “second” estimate of U.S. real gross domestic product (GDP) for the third quarter of 2020 grew 33.1 percent at an annual rate, unchanged from the previous estimate. Although the rate of the growth remained the same, revisions occurred for several components. That is, upward revisions to non-residential fixed investment and residential investment were offset by downward … [Read more...] about Business Indicators
Last WordWhat are your Hopes for the New Year?
Uri Vaknin PrincipalKRE Capital LLC President, Board of TrusteesNeon Museum Vice-ChairDowntown Vegas Alliance “The value of the arts cannot be overstated as we navigate COVID-19 recovery. We must pledge to ensure the survival of arts and cultural institutions that unite us, feed our souls and sing to our hearts.” Marie Baxter CEOCatholic Charities of … [Read more...] about Last Word