The Connected Commerce Council (3C) will host a virtual press conference on Thursday, September 10, 2020, at 3:00 pm EST to discuss a new report on U.S. small businesses, “Digitally Driven: U.S. Small Businesses Find a Digital Safety Net During COVID-19.” 3C President Jake Ward will discuss the results which confirm that small businesses using more digital tools, … [Read more...] about Connected Commerce Council to Host Virtual Press Conference on New Research Report: “Digitally Driven: U.S. Small Businesses Find a Digital Safety Net During COVID-19 ”
COVID-19
OPD5 to Resume Suspending Power Service for Those Who Haven’t Paid
OVERTON, Nevada - After implementing several customer service policy changes in March due to COVID-19 closures, OPD5 announced that it will resume its previous policy of disconnecting customers who haven’t paid their power bills starting on Monday, Oct. 5. In March, OPD5 temporarily closed public access to its offices and facilities. Out of concern for the health, … [Read more...] about OPD5 to Resume Suspending Power Service for Those Who Haven’t Paid
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
Commercial RE ReportOffice Summary: Second Quarter 2020
Northern Nevada By Colliers Reno Reno/Sparks saw office vacancy decrease in the second quarter of 2020, perhaps defying the expectations of some observers. Office vacancy decreased to 9.4 percent in the second quarter, from 10 percent in the first quarter of 2020. The average asking rate for office space decreased to $1.83 per square foot on a full service gross … [Read more...] about Commercial RE Report
Business IndicatorsSeptember 2020
The “advance” estimate of U.S. real gross domestic product (GDP) for the second quarter of 2020 plummeted by 32.9 percent at an annual rate. The substantial contraction in real GDP reflected “stay-at-home” orders to contain COVID-19. Specifically, decreases in consumer spending, nonresidential and residential fixed investment, state and local government spending and private … [Read more...] about Business Indicators
Nevada State College Receives $50,000 Donation From Gene Haas Foundation
HENDERSON – Nevada State College announced they received a $50,000 donation from the Gene Haas Foundation, a philanthropic organization within Haas Automotive. Known as the largest tool builder in the western world, Haas Automotive is opening a manufacturing facility in West Henderson. The donation was designated to help students through the impact of COVID-19 – be it the … [Read more...] about Nevada State College Receives $50,000 Donation From Gene Haas Foundation
The Coop Helps Fill Niche During COVID-19 Work Adjustments
Local commercial real estate executive Dana Berggren needed to find an office space that fit her specific needs when she decided to open her own brokerage firm. When she started Berggren Commercial Real Estate in April 2014, she primarily worked in downtown Las Vegas, but found herself working from home more and more. With two kids in school, she also wanted to stay close to … [Read more...] about The Coop Helps Fill Niche During COVID-19 Work Adjustments
NAIOP Southern Nevada Presents “Navigating the New Normal: Directives, Sessions and Elections, Oh My!” at August Virtual Breakfast
NAIOP Southern Nevada presents “Navigating the new normal: Directives, Sessions and Elections, Oh My!” at its August breakfast. NAIOP lobbyists Jon Leleu and Kerrie Kramer from Argentum Partners will present legislative results, from a commercial real estate perspective, of the two special sessions completed earlier this summer, as well as what’s on the agenda for a potential … [Read more...] about NAIOP Southern Nevada Presents “Navigating the New Normal: Directives, Sessions and Elections, Oh My!” at August Virtual Breakfast
CALV Leaders Say Commercial Real Estate Industry, Tenants Faring Better Than Many Expected During Pandemic
LAS VEGAS – Leaders of the Commercial Alliance Las Vegas (CALV) say the commercial real estate industry and tenants in Southern Nevada have been navigating the economic crisis caused by the COVID-19 pandemic better than many expected. At least that was the consensus view expressed during a recent CALV board meeting attended by leaders of the largest local … [Read more...] about CALV Leaders Say Commercial Real Estate Industry, Tenants Faring Better Than Many Expected During Pandemic
NVSAA Report Shows Reno Area Apartment Rents Rising More Slowly Amid the Coronavirus Pandemic and Building Boom
RENO – A report released this week by the Nevada State Apartment Association (NVSAA) shows local apartment rents growing at a slower rate during the second quarter of 2020. Record low vacancy rates in the Reno area allowed landlords to charge some of the nation's most rapidly rising rents. From 2016 to 2018, rents increased by an average of more than 8% per year, including … [Read more...] about NVSAA Report Shows Reno Area Apartment Rents Rising More Slowly Amid the Coronavirus Pandemic and Building Boom
NVSAA Report Shows Las Vegas Area Apartment Rents Bounced Back From Pandemic Dip and Proving Resilient So Far
LAS VEGAS – A report released this week by the Nevada State Apartment Association (NVSAA) shows local apartment rents were resilient in the second quarter of 2020 while vacancy rates remained relatively stable thanks largely to Nevada’s eviction moratorium. The report, issued by the NVSAA based on data provided by CoStar, shows rent growth rebounded from a downturn early in … [Read more...] about NVSAA Report Shows Las Vegas Area Apartment Rents Bounced Back From Pandemic Dip and Proving Resilient So Far
Mountain View Lutheran School Reopens With Coronavirus Precautions, Rich Academic Offerings
Let the learning resume. Mountain View Lutheran School reopened August 10 with its strong mix of traditional and mind-broadening lessons, and in-person instruction with adjusted class sizes and additional safeguards against the coronavirus. Mountain View Lutheran’s elementary school features co-curriculars including instruction in the visual and performing arts and … [Read more...] about Mountain View Lutheran School Reopens With Coronavirus Precautions, Rich Academic Offerings
e7 Health now offers at-home COVID-19 saliva test kits
[Health care provider selling convenient FDA-authorized test with contactless pick-up or arranged shipping from its Las Vegas and Chicago offices] Through its offices in Chicago and Las Vegas, e7 Health now offers a COVID-19 saliva test kit that can be taken in the privacy of your own home. To accommodate different patient needs, e7 will arrange contactless pickup or … [Read more...] about e7 Health now offers at-home COVID-19 saliva test kits
OPD5 Continues to Implement Safety Protocols Amid COVID-19
OVERTON, Nevada – OPD5’s offices in Overton and Mesquite remain open to the public as it continues to comply with public health recommendations and updated COVID-19 guidelines issued by Nevada Gov. Steve Sisolak, including requiring its staff and customers to wear face coverings inside OPD5 facilities. OPD5 will continue following all public health recommendations from … [Read more...] about OPD5 Continues to Implement Safety Protocols Amid COVID-19
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
Commercial RE ReportIndustrial Summary: Second Quarter 2020
Northern Nevada By CBRE Reno As the COVID-19 pandemic unfolded in Q2 2020, it delivered a widespread shock to the U.S economy. While it is too early to fully comprehend the long-term impact the pandemic will have, industrial real estate has emerged well positioned to weather the current economic climate. The Reno industrial market finished the quarter strong after an … [Read more...] about Commercial RE Report