When the pandemic locked Nevada into quarantine in 2020, multi-family commercial real estate market professionals braced for bad news. With the state essentially at a standstill, the most likely scenario was the multi-family commercial real estate market would take a direct economic hit. Instead, the opposite happened. The pandemic accelerated the market nationally, and the … [Read more...] about Multi-Family in Nevada
CCIM
CCIM: A New WorldNavigating Changing Times with CCIM
Without change, nothing grows. But unexpected, chaotic change in economic systems and business transactions causes uncertainty and lost opportunities. In uncertain times, people reach for touchstones, for information and for the guidance of experienced professionals in their own markets. Seasoned, professional CCIM designees possess the knowledge, stability and expertise to … [Read more...] about CCIM: A New World
CCIM Breaking Barriers: Exceeding Expectations
Among Southern Nevada’s commercial real estate professionals is an elite group of well-educated, experienced, dedicated and charitable individuals called Certified Commercial Investment Members (CCIMs). “Within CCIM there’s camaraderie and a community that I, in 30 years, have not seen in any other organization,” said Christopher McGarey, CCIM, of Berkshire Hathaway … [Read more...] about CCIM Breaking Barriers: Exceeding Expectations
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...] about Industry Focus: Professional Organizations
Colliers International Announces $66.5 Million Sale of IGT Office Building to California Based Investor, Griffin Capital Corporation
Las Vegas –Colliers International Las Vegas represented Panattoni Development Company on a $66.5 million office facility sale to Griffin Capital Essential Asset REIT II, Inc. The Class “A”, three-story, 222,268 square-foot office property is fully leased to IGT and guaranteed by the tenant’s parent company, International Game Technology PLC. IGT has occupied the facility since … [Read more...] about Colliers International Announces $66.5 Million Sale of IGT Office Building to California Based Investor, Griffin Capital Corporation
Dickson Commercial Group Marks Second Anniversary Serving Northern Nevada
(Reno, Nev.) – Dickson Commercial Group, a locally owned and operated full service commercial real estate firm, is celebrating its 2nd anniversary. Dickson Commercial Group serves all sectors of commercial real estate, including investment sales, industrial, office, retail, multifamily and student housing, land acquisition, residential and commercial development. Dickson … [Read more...] about Dickson Commercial Group Marks Second Anniversary Serving Northern Nevada
Red Report: July 2016
E Sale, Retail ADDRESS 5061 E. Sahara Ave., 89142 BUYER JARM, LLC SELLER East Sahara & Nellis, LLC DETAILS 9,200 SF; $2,550,000 APN 161-09-115-003 SELLER’S REP Nelson Tressler and Michael Zobrist of Newmark Grubb Knight Frank H Sale, Office ADDRESS 139 E. Warm Springs Rd., 89015 BUYER Daniel J. Beumer SELLER Foundation Executives Suites, LLC DETAILS 6,300 SF; … [Read more...] about Red Report: July 2016
Colliers International | Las Vegas Updates May 19, 2016
LAS VEGAS – Colliers International – Las Vegas announced the finalization of the following sale to Flip For Me Gymnastics Inc. The 9,729 square foot industrial property is located in Wigwam Jones Industrial Park at 5895 W. Wigwam Ave. in Las Vegas. The transaction amount was $1,167,480. Dan Doherty, SIOR, Susan Borst, CCIM, SIOR, Chris Lane and Jerry Doty of Colliers … [Read more...] about Colliers International | Las Vegas Updates May 19, 2016
CALV Hosts May 18 Mixer for Commercial Real Estate Professionals
LAS VEGAS – Commercial Alliance Las Vegas (CALV) is hosting its annual spring networking mixer for local commercial real estate professionals on Wednesday, May 18, from 5:30 to 7:30 p.m. at the Cili Restaurant at the Bali Hai Golf Club, 5160 Las Vegas Blvd. South. Event sponsors and partners include the local chapters of the Appraisal Institute; BOMA (Building Owners and … [Read more...] about CALV Hosts May 18 Mixer for Commercial Real Estate Professionals
CALV Hosts May 18 Mixer for Commercial Real Estate Professionals
LAS VEGAS – Commercial Alliance Las Vegas (CALV) is hosting its annual spring networking mixer for local commercial real estate professionals on Wednesday, May 18, from 5:30 to 7:30 p.m. at the Cili Restaurant at the Bali Hai Golf Club, 5160 Las Vegas Blvd. South. Event sponsors and partners include the local chapters of the Appraisal Institute; BOMA (Building Owners and … [Read more...] about CALV Hosts May 18 Mixer for Commercial Real Estate Professionals
I am a CCIM
Mission Statement To position the Chapter as the premier commercial real estate organization for Southern Nevada by enhancing the value of the CCIM designation and increasing the number of designees and candidates through professionalism and educational excellence. Here’s what “I Am a CCIM” means to these designees: Brian Sorrentino: “It means that I should know … [Read more...] about I am a CCIM
CALV Hosts May 20 Mixer for Commercial Real Estate Professionals
LAS VEGAS – Commercial Alliance Las Vegas (CALV) is hosting its annual spring networking mixer for local commercial real estate professionals on Wednesday, May 20, from 5:30 to 7:30 p.m. at the Cili Restaurant at the Bali Hai Golf Club, 5160 Las Vegas Blvd. South. Event sponsors and partners include the local chapters of the Appraisal Institute; BOMA (Building Owners and … [Read more...] about CALV Hosts May 20 Mixer for Commercial Real Estate Professionals
BKM Patrick 102 LLC, Colliers Finalize Lease to Knick Knack Paddiwacks Inc.
LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease to Knick Knack Paddiwacks Inc. The approximately 1,728-square-foot industrial property is located at 2925 Patrick Lane in Las Vegas. Dan Doherty, SIOR, Susan Borst, CCIM, Chris Lane and Jerry Doty of Colliers International represented the lessor, BKM Patrick 102 LLC. About Colliers … [Read more...] about BKM Patrick 102 LLC, Colliers Finalize Lease to Knick Knack Paddiwacks Inc.
Personal Goals of High Net Worth Individuals; Desert Radiologists Receives ACR Award
Monthly Report Focused on “Personal Goals” of High Net Worth Individuals, Released by The Private Bank by Nevada State Bank The Private Bank by Nevada State Bank released the seventeenth edition of its High Net Worth Report series, with this month’s analysis focusing on the personal goals of high net worth individuals. [Read More...] Desert Radiologists Receives Prestigious … [Read more...] about Personal Goals of High Net Worth Individuals; Desert Radiologists Receives ACR Award
Several SBA Loan Requirements Eliminated
The U.S. Small Business Administration made significant changes in qualification for SBA 504 loans. The changes include elimination of "the personal resource test" and "the nine-month rule". These modifications mean businesses will have an easier time qualifying for SBA loans, according to a recent statement by TMC Financing. “By eliminating the nine-month rule for … [Read more...] about Several SBA Loan Requirements Eliminated
CCIM: Let’s Make a Deal
Seven years into his career, Gary Banner, a Las Vegas-based commercial real estate broker, decided to pursue and began the requirements for becoming a Certified Commercial Investment Member (CCIM), a designation for professionals in the commercial and investment real estate industry. He finished three and a half years later, in 2004, after passing the hours-long final … [Read more...] about CCIM: Let’s Make a Deal
Industry Focus: Commercial Real Estate
While many feel that most industries in Nevada are beginning to experience small rebounds, one industry that still has a long road ahead is the commercial real estate sector. With asking rents remaining low and the large quantities of available space on the market, brokers, builders and developers continue to feel the effects of the recession. Executives representing this … [Read more...] about Industry Focus: Commercial Real Estate