The America of today would be unrecognizable to those who began this country. The ones who fought for freedom and said, “All Men are Created Equal” wouldn’t recognize what we’ve become. So many things have led to this, I couldn’t create a list of them even if I wanted to. So, let’s just focus on one. It’s a phrase I’m sure you’ve heard, “Cancel Culture.” A form of public … [Read more...] about America Lost
Archives for February 2021
Healthy FinancesBanking on Nevada
Despite the ongoing changes and challenges brought by the coronavirus pandemic, the Nevada banking industry is in a much healthier place than it was after the Great Recession in 2008. Total assets of the 68 financial institutions in the state were $108.2 billion, according to recent statistics compiled by the Federal Deposit Insurance Corp. (FDIC). Banking executives … [Read more...] about Healthy Finances
Litigation in a Changing WorldWhat Business Owners Need to Know
“I don’t think there is such a thing as being safe from being sued,” said Samuel Schwartz, principal, Schwartz Law. “In today’s environment, the bar to bring litigation is so low that to try to completely protect yourself from litigation as a business would likely be a waste of resources.” Best Practices Maybe lawsuit-proof doesn’t exist, but business owners can and … [Read more...] about Litigation in a Changing World
Industry FocusEmployment
Nevada’s employment landscape has been a roller coaster over the past decade. Dipping during the recession, employment saw a resurgence a few years ago only to experience new lows during the pandemic. Today the industry is dealing with retraining a workforce for the future and fraudulent unemployment claims, among other issues. Recently, executives from the employment industry … [Read more...] about Industry Focus
Post Pandemic DownsizeOffice Projects in Nevada
Tom van Betten, vice president of strategic partnerships for Matter Real Estate Group, worries about the problems he sees just over the horizon for the office-development market — problems that are directly linked to the uncertainties that have troubled the sector for the past year. Matter is the developer of the $400 million UnCommons mixed-use project in southwest Las … [Read more...] about Post Pandemic Downsize
It’s Time for Lawmakers to do More with Less
For private businesses trying to rebuild in a post-COVID world, their main task in 2021 will be “doing more with less.” Government should be doing the same. The good news for fiscal hawks going into the 2021 Legislative Session is that politicians in Carson City don’t really have much of a choice but to have a discussion that otherwise likely wouldn’t be taking place with … [Read more...] about It’s Time for Lawmakers to do More with Less
Darrell Plummer
Broker/OwnerSierra Nevada Properties Type of Business: Real Estate Services (Residential, Commercial, Property Management)Based In: Reno, Fernley and FallonHails From: Wurzburg, Germany Years Co. has been in Nevada: 41 YearsYears with Company in Nevada: 25Employees with Company: 7+ What is your hometown? I was born in Wurzburg, Germany in a US Army Hospital. I was … [Read more...] about Darrell Plummer
Around the State
Nevada Gold Mines Establishes the Heritage Fund Nevada Gold Mines (NGM) has launched an employee giving campaign entitled the Heritage Fund. The workplace giving program will include an employee-driven campaign to support non-profit organizations. Employees have the option to support non-profits of their choice and all 7,000 employees were given $25 to start their giving … [Read more...] about Around the State
Commercial RE ReportIndustrial Summary: Fourth Quarter 2020
Northern Nevada By CBRE Reno The northern Nevada industrial market finished off a strong year by recording the largest year-to-date net absorption total since 2016. The fourth quarter of 2020 recorded 1.2 million square feet of positive net absorption, pushing the year-end total to 4.3 million square feet. Overall, the market had strong leasing activity throughout the … [Read more...] about Commercial RE Report
Business IndicatorsFebruary 2021
The “third” estimate of U.S. real gross domestic product (GDP) for the third quarter of 2020 increased 33.4 percent at an annual rate, revised up by 0.3 percent from the previous estimate. The upward revision mainly reflected larger-than-expected consumer spending and business investment. Overall, a best-ever gain in real GDP exhibited strong recovery in both consumer spending … [Read more...] about Business Indicators
Last WordWhat is Your Prediction on Nevada’s Housing Market?
Brad Spires 2021 PresidentNevada Realtors “The housing market has been a bright spot in an otherwise bleak economy. I think we’ll continue to see strong sales and increasing home prices in 2021, though maybe not at the surprisingly strong pace we saw during the second half of 2020.” Adrienne Allen Head of Real EstateHomie “For 2021, home prices will … [Read more...] about Last Word