How does Nevada Compare to Other States in 2020? In previous years, annual reports showed a state more susceptible to U.S. economic ups and downs than others. When times were good, millions of tourists brought their money to Nevada, and the numbers showed a prosperous state that often led the nation in growth, despite chronic concerns about low rankings for … [Read more...] about How Does Nevada Stack Up
coronavirus
Private Education in NevadaOperational Changes
Parents in the U.S. have the right to choose the best form of education for their children. Choices include public and private schools, religious-affiliated and independent schools. According to the Nevada Department of Education (DOE), northern Nevada has 39 private schools with 4,012 students attending. Southern Nevada has 90 with 15,473 students enrolled. The student to … [Read more...] about Private Education in Nevada
Commercial Builders in NevadaWeathering the Storm
Nevada’s commercial builders — the companies that build about everything except single-family houses — weathered the first months of the COVID-19 pandemic in passably good shape. But, questions linger about how well the industry will fare if the state’s economy remains weak into the early days of next year. After some bumps during the worst of the pandemic’s early days, most … [Read more...] about Commercial Builders in Nevada
Businesses Need to Take Precautions from Cyberattacks While Employees Work Remotely
The year 2020 has led to unprecedented times for business in Nevada, with thousands of employees working remotely due to the COVID-19 pandemic. Initially, many believed the health and economic turmoil might be temporary, but as case numbers continue to rise, a growing number of companies will have to adapt to working remotely for the foreseeable future. During these times, … [Read more...] about Businesses Need to Take Precautions from Cyberattacks While Employees Work Remotely
Nothing Special HereNevada’s Special Legislative Session
“Whereas, Section 9 of Article V of the Constitution of the State of Nevada provides that, ‘[T]he Governor may, on extraordinary occasions, convene the Legislature by Proclamation and shall state to both houses, when organized, the business for which they have been specially convened;’ … Now therefore, I, Steve Sisolak, Governor of the State of Nevada … do hereby convene the … [Read more...] about Nothing Special Here
Insuring BusinessGuidance Through Catastrophic Times
With a variety of product types depending on a business’ industry and needs, insurance can be confusing for many business owners and executives. “The reason you’re buying insurance is to provide protection from claims,” explained Brad Pearce, chairman, A&H Insurance. “So you want an insurance carrier that provides excellent claim service and excellent coverage.” That … [Read more...] about Insuring Business
Waiting for the Dust to SettleRetail in COVID-Nevada
The future of retail arrived with an unexpected, massive thunderclap this spring. Now retailers, shopping center developers and real estate brokers who specialize in commercial properties are looking over a landscape dramatically changed by the COVID-19 pandemic, identifying winners and losers and making predictions about the future of retail as it continues to unfold. Nobody … [Read more...] about Waiting for the Dust to Settle
Loss of Common SenseA State Controlled with Rights Infringed
Nicknamed “Battle Born”, we Nevadans are an independent bunch and have a history of wanting to run our own lives. We don’t want government control, nor do we need it. Nevertheless, I’ve noticed a disturbing trend recently with more and more government infringing on basic rights they have no business being involved in. The recent coronavirus pandemic is just the latest excuse … [Read more...] about Loss of Common Sense
New BeginningsReinventing Nevada’s Workforce After Shutdown
On March 20, Governor Sisolak ordered all nonessential businesses to close as Nevada followed shutdown orders, attempting to slow the spread of COVID-19. Overnight, the travel and tourism engine shutdown. For the first time ever, casinos closed their doors. During the first week of shutdown, nearly 3.3 million Americans filed for unemployment benefits. The … [Read more...] about New Beginnings
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
Uncertain TimesMultifamily in Nevada
April was set to be yet another busy month for sales of apartment complexes in Nevada, one of the hottest multifamily markets in the country. And then, all of sudden, it wasn’t. After state and local governments mandated business closures — with resulting job losses — to battle the COVID-19 pandemic, multifamily investors, developers and managers stepped back … [Read more...] about Uncertain Times
Desert Radiology Reopens Additional Facilities and Extends Hours at Several Valley Locations
LAS VEGAS – Desert Radiology, a premier diagnostic imaging company that has served Southern Nevada for more than 50 years, has reopened its Centra Point facility located near Durango Drive and Sunset Road and has also extended hours back to its original closing time of 11 p.m. for MRI services at the following locations: PalominoCathedral RockEasternWynnHorizon Ridge To … [Read more...] about Desert Radiology Reopens Additional Facilities and Extends Hours at Several Valley Locations
The Erosion of Freedom
“They that can give up essential liberty to purchase a little temporary safety, deserve neither liberty nor safety” Benjamin Franklin Our founding fathers would be stunned if they could see how far our nation has drifted from its original charter. While many of the changes have seeped into our lives over a period of years, the pandemic has caused an escalation in government … [Read more...] about The Erosion of Freedom
Lights Out, Doors LockedNevada’s Tourism Industry Rides Out the Coronavirus Pandemic
Early morning on March 17, Nevada casinos locked their doors. Sandra Morgan, Nevada Gaming Control Board chair, has lived in Nevada since she was a year old. She grew up around the tourism industry. “My mother worked in the hospitality industry,” she explained. “When you think about the closure, and the fact they never had to lock the doors because the doors were … [Read more...] about Lights Out, Doors Locked
Nevada’s Title IndustryOn the Sidelines
Ask Robert Ray how Nevada’s title industry from a commercial real estate perspective is doing amid the coronavirus pandemic, and you’ll get a mixed response. In the title business for 25 years, and senior vice president, manager of Fidelity National Title Group in Las Vegas, Ray is anxious to see how the industry recovers as businesses begin to reopen and employees begin … [Read more...] about Nevada’s Title Industry
A Shout Out to the Helpers
When the Governor announced the shutdown of businesses throughout Nevada in mid-March, it seems many among us were in a state of shock. As the new reality started to sink in and people developed new routines, an unexpected camaraderie started to take place. The “we’re all in this together” mantra was embraced as people reached out to each other to help however they could. I … [Read more...] about A Shout Out to the Helpers
Temporarily Closed for BusinessNevada Versus COVID-19
Seemingly overnight the coronavirus (COVID-19) pandemic has swept through the world and changed every aspect of daily activity. From home-life and recreation to work and business operations, individuals everywhere have had to quickly learn to adapt to an unprecedented event. Working from home has been a trial by fire as businesses throughout Nevada closed their doors after … [Read more...] about Temporarily Closed for Business
Nevada UtilitiesNew Technologies, New Threats, New Solutions
Modern utilities, whether it’s electricity, water or natural gas, are expected to be there when needed. Utilities companies today face new challenges and need to adapt to a changing world, creating procedures to keep staff and customers safe and resources available. The tools have changed. Technology offers new solutions, climate change brings new challenges and a … [Read more...] about Nevada Utilities
Industry FocusBrokers
As Nevada businesses work to adjust to a rapidly changed world, executives in commercial brokerage see a multitude of changes to their industry. From tenant and landlord to bankers, brokers are involved in nearly every aspect of the commercial real estate industry and are working to advise their clients moving forward in a post-COVID world. Recently, brokerage executives … [Read more...] about Industry Focus
Supply & DemandNevada’s Industrial Market
The demand for industrial space has been extraordinarily strong in Nevada throughout this economic expansion and is expected to stay consistent throughout the rest of this year and into 2021, according to real estate professionals throughout the state. Originally, a decline in demand was expected due to the country’s trade war with China, but with trade tensions easing that … [Read more...] about Supply & Demand