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...]
Industry Focus: Commercial Real Estate
The commercial real estate (CRE) industry in Nevada has been growing in recent years despite a number of hurdles professionals have overcome. Leaders in commercial real estate recently met at the Las Vegas offices of City National Bank to discuss the challenges and opportunities facing their industry and what’s on the horizon moving forward. Connie Brennan, … [Read more...]
Industry Focus: Commercial Real Estate Brokers
Overall, commercial real estate (CRE) in Nevada has been seeing an uptick from the recession. However, some markets are recovering more quickly than others and there are still many challenges the industry must face moving forward. Recently, CRE experts met at the Las Vegas offices of City National Bank to discuss the changes, challenges and opportunities, facing the industry in … [Read more...]
Industry Focus: Commercial Real Estate
Commercial Real Estate in Nevada is recovering from a tough recession. Brokers agree that the industry has improved, but some markets are clearly bouncing back more quickly than others. Recently, commercial real estate experts met at the Las Vegas Law Offices of Snell & Wilmer to discuss the factors affecting the overall health of the industry in the Silver State. Connie … [Read more...]
NAIOP Strong
By relying on the strong foundation formed by its members, and finding new ways to serve those members, NAIOP Southern Nevada has come out of the economic downturn stronger than ever. The premier association for commercial real estate professionals, NAIOP, the Commercial Real Estate Development Association, offers educational and networking opportunities, and also serves as … [Read more...]
Southern Nevada CCIM Chapter April 2015 Luncheon – Develop This!
Southern Nevada CCIM Chapter presents the April 2015 Luncheon - Develop This! The Past, Present and Future of Commercial Development in Southern Nevada Where: Palms Casino Resort Ballroom 456 - Second Floor (Fantasy Tower) 4321 W. Flamingo Rd Las Vegas, NV 89103 When: Wednesday, April 22, 2015 11:30AM - 1:00PM Details: Develop This! The Past, Present and … [Read more...]
NAIOP Southern Nevada Chapter Announces New Officers, Board of Directors and Committee Chairs for 2015
Las Vegas –NAIOP Southern Nevada chapter -- a trade organization representing commercial real estate developers, owners and related professionals in office, industrial, retail and mixed-use real estate in Southern Nevada -- has announced its 2015 officers, board of directors, committee chairs, and liaisons. The 2015 NAIOP Southern Nevada officers are as follows: … [Read more...]
NAIOP Works for Southern Nevada’s Commercial Real Estate Industry
As an organization, it’s clear that NAIOP works. The commercial real estate development association serves as the premier trade organization for commercial real estate development professionals in Southern Nevada. Membership includes brokers and developers as well as general contractors, bankers, architects, engineers, title companies and attorneys. In large part, it’s the … [Read more...]
Is the solution to improving education money or reform?
“Neither…Any organization asking for additional funding should have a PLAN with how they anticipate using the funding to achieve the results they desire. Then the source of the funding (the electorate or elected official) can make an educated funding decision. Seems so simple…” Michael D. Bosma | CPA | The Bosma Group “Education is knowledge and knowledge is essential to … [Read more...]
Mike Montandon: Providence Commercial
Managing Partner, Providence Commercial http://www.providencecommercial.com/ President, NAIOP Southern Nevada http://naiopnv.org/ How did you first get into your profession? I started in commercial real estate appraisal in the family business, then migrated into other aspects of commercial real estate. If you had to choose another profession, what would it be? I … [Read more...]
Mike Montandon: Voit Real Estate Services
Managing Director Las Vegas Number of Employees: 15 Years in Nevada: 20 Years with Company: 2 How did you first get into your profession? I grew up in the commercial real estate industry. All my life, my father worked as a commercial real estate appraiser in Phoenix, where I was born and raised. From a young age, I was always drawn to the industry, and my first job … [Read more...]
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...]
What Nevada industry has the greatest potential to contribute to a turnaround?
“No single industry has the greatest potential as each industry -- directly or indirectly-- is reliant on others. Unemployment is extremely high in this state. Once we are able to put people back to work, regardless of industry, our economy will start to grow and all industries will benefit. “ David Stone • President, Nevada Association Services, Inc. “Gaming! The opening … [Read more...]
