The Nevada System of Higher Education (NSHE) is in the process of becoming a true system as Nevada’s educational climate shifts to meet the needs of Nevada citizens and businesses. Those needs are creating a change from individual institutions working alone to meet those needs to a system of institutions working together. “There’s quite a bit that’s new in higher education,” … [Read more...]
Wealth Management: Setting and Obtaining Financial Goals
Short and long-term financial goals for CEOs, other executives and business owners might include buying a home, putting their children through college, retiring at a certain age or leaving a legacy, perhaps their business, to their heirs. It’s important for high net worth people to determine now what they’d like to achieve, develop a plan to reach their goals, write it down and … [Read more...]
Industry Focus: Media
Few industries have had as many changes in recent years as the media industry. Social media, credibility challenges and how information is now delivered and absorbed have all contributed to a shift in the way media organizations operate. Discussing the ups and downs, executives representing media in Nevada recently met at the Las Vegas offices of City National Bank. Connie … [Read more...]
Iconic Women of Distinction Awards 2018
An Iconic History NAWBO Southern Nevada The mission of the National Association of Women Business Owners (NAWBO) Southern Nevada is to educate, empower and promote women business owners to experience success in all economic, political and social arenas. The organization provides informative and success driven monthly meetings which include time devoted to networking with … [Read more...]
Nevada Brokers: The Ins and Outs of Commercial Real Estate
Both the Las Vegas and Reno commercial real estate markets are well balanced and healthy for the foreseeable future, but there may be trouble past the horizon. Real estate professionals in both cities echoed similar statements in regard to the health of the markets, but Providence Commercial Managing Partner Mike Montandon said a land shortage could loom in Las Vegas. … [Read more...]
Red Report: May 2018
E Sale, Retail Address 5105 E Sahara Ave., 89142 Buyer HSJC Investments Seller Niban Properties Details 24,610 SF; $3.75 million APN 161-09-110-107 Seller Rep Cathy Jones, CCIM, SIOR and Roy Fritz of Sun Commercial Real Estate Sale, Retail Address 5051 Stewart Ave., 89110 Buyer 5051 Stewart 1 LLC Seller LDR & Associates LTD Details 16,170 SF; $3,612,500 APN … [Read more...]
Moving People
“Transportation is one of the highest priorities for the state as far as building industry, being productive and making things happen,”said Dawn Gibbons, chairwoman of the Nevada Transportation Authority (NTA). Highlighting the state’s emphasis on transportation, an 18-month process is currently underway to develop the One Nevada Transportation Plan. It’s a collaboration … [Read more...]
Henderson Takes Flight
It’s the second largest city in the state, but when Henderson residents talk about their city, they talk about community. As a community, Henderson has created a strategic plan to guide growth, looking ahead 20 to 30 years to make sure it’s still a city residents love. People who live in Henderson talk about the active lifestyle, entrepreneurial drive, outdoor recreation, … [Read more...]
The Insured State: Health Insurance in Nevada
Businesses can expect health insurance costs to continue to rise in the short term, but stabilization might be in sight. Nevada health insurance executives suggest a number of factors could indicate relief for businesses when it comes to health insurance costs in the long-term future. Following years of negative reaction to the Affordable Care Act (ACA), signed into law in … [Read more...]
Industry Focus: Professional Organizations
Professional organizations have undergone a myriad of changes in recent years and the prevalence of social media has both benefited and added a new layer of challenges to the industry. Professional organization executives recently met at the Las Vegas offices of City National Bank to discuss the industry and most agreed, collaboration is key. Connie Brennan, publisher and … [Read more...]
MEET Las Vegas: A Meeting and Event Venue Unlike Any Other.
Vision. MEET Venue. For event planners and businesses seeking a unique venue, MEET provides 40,000 sq. ft. and three stories of truly customizable, technologically advanced, personally inspiring meeting and event space in the heart of Downtown Las Vegas. Anything is possible in this flexible, adaptive blank-canvas opportunity for the event planner. Multiple space … [Read more...]
A Home Run: Nevada’s Residential Market
It’s a simple law of Nevada economics: When folks are working, they buy houses. And when they’re making good money, they buy better houses. Those economics are driving stronger residential sales and construction across the state, and executives see little reason for worry about the continued health of the residential sector. Employers added 37,700 positions statewide during … [Read more...]
Red Report: April 2018
E Sale, Multi-Family Address 424 S 13th St., 89101 Buyer SDS Realty Corp Seller Vega Villita Apartments, LLC Details 32 units; $54,843/unit APN 139-34-811-051 Seller Rep Blake Leavitt of Wardley Real Estate Sale, Land Address Carey Ave. & Nellis Blvd., 89115 Buyer Doumani Holdings LLC Seller NMG Capital Partners II & GKT5 LLC Details 2.3 acre; $1.25 … [Read more...]
Game On: The Business of Hockey in Nevada
Bill Foley manages to get home from a Vegas Golden Knights game at 11:30 p.m., but his head doesn’t hit the pillow until at least 1:30 a.m. “The adrenaline flows,” said Foley, the majority owner of National Hockey League’s newest franchise. “I’ve been in a lot of different businesses in my career and this has been the most enjoyable, entertaining and fun time that I’ve … [Read more...]
Perspective Shifts: Power Poll 2018
Last year was a year of change in many ways, especially in the Silver State. With mid-term elections coming up in November and a changing of the guard in the Governor’s office, this year will shake up the status quo even more. As Nevadans look at the economic progress made since the downturn, executives on both ends of the state are hopeful. “I’ve been doing this for a long … [Read more...]
The Communications Landscape: Connectivity in Nevada
Nevada companies want to be more efficient, expedient and cost effective, and so, they’re demanding more and more out of the available technologies for communicating. Firms providing those continue to develop and offer related products and services that enhance businesses’ connectivity to not only people but, also, objects. “It’s a brave new world,” said Jace Barbin, the … [Read more...]
Family Owned Businesses 2018
Nevada Business Magazine, along with corporate sponsor Nevada State Bank, is honored to recognize and support family owned businesses across Nevada for their hard work. The Family Owned Business Awards began in 2010 as a way to recognize these families and the companies they’ve created. Nevada Business Magazine and Nevada State Bank share a commitment to promoting organizations … [Read more...]
Industry Focus: Healthcare
With federal changes looming and challenges at the local level, healthcare is an industry in turmoil. Addressing the challenges and the bright spots, healthcare executives recently met to discuss where the industry is headed and what businesses can expect moving forward. Connie Brennan, publisher and CEO of Nevada Business Magazine, served as moderator for the event. The … [Read more...]
Build-To-Suit, Spec, Flex: Nevada’s Industrial Real Estate Industry Has It All
Industrial real estate isn’t static. Buildings are constructed, leased up and absorbed, vacancy rates fall and climb again, buildings constructed for one purpose end up serving another. Everything varies with the cycle of the economy. Industrial real estate itself is a microcosm view of the industries using it. The Nevada Market In Nevada, indicators point to continued … [Read more...]
Red Report: March 2018
E Sale, Industrial Address 5450 Stephanie St., 89122 Buyer Stephanie Industrial Park Seller NGP Stephanie Property Details: 206,474 SF; $905,000 APN 161-27-314-003 Seller Rep Dean Willmore, SIOR of Colliers International Sale, Multi-Family Address 4801 E Sahara Ave., 89104 Buyer 29SC Sahara LP Seller Prime Residential Details: 312 Units; $74,679 per unit APN … [Read more...]
