A tremendous number of loans for commercial real estate (CRE) projects are being sourced and approved in Nevada in what’s described as a robust market being driven by industrial and multi-family properties. “We are seeing a good deal of industrial, including build-to-suit industrial and even some spec type industrial, and we’re seeing a lot of multi-family [apartments] and … [Read more...]
Industry Focus: Bankers
An industry that saw major changes and new regulations after the recession hit, banking has endured a host of ups and downs. Currently in an upswing, the industry is cautious and working toward smart growth. Recently, banking executives met at the Las Vegas offices of City National Bank to discuss banking and talk about some of the changes they’re seeing. Connie Brennan, … [Read more...]
Banking on Nevada: Nevada Financial Institutions by the Numbers
Nevada’s Financial Institutions Division (FID) maintains and supervises Nevada’s banking industry. According to FID, the industry is growing stronger. Some of the positive indicators include loan concentrations – those concentrations that indicate what loan growth is, what loan activity is actually taking place, and whether individual banks have too large a concentration in … [Read more...]
Shaheen Beauchamp Builders Nominated for AIA Excellence in Design Awards
CARSON CITY – Carson City-based Shaheen Beauchamp Builders LLC has been nominated to receive the Nevada Excellence in Design awards by the Nevada Chapter of the American Institute of Architects for their work on renovations of the Mutual of Omaha Bank in Carson City in 2013 and 777 Center in midtown Reno this year. According to the organization’s website, the AIA Nevada … [Read more...]
Educating, Connecting Entrepreneurs; Median Home Price Hits $200,000; 5K to Raise Funds for Kids with Cancer
Las Vegas Will Launch 1 Million Cups to Educate, Connect Local Entrepreneurs 1 Million Cups, a program to engage, educate and connect entrepreneurs, launched in Las Vegas on Wednesday, August 13. The weekly event will be located in the inNEVation Center, powered by Switch. 1 Million Cups is a weekly gathering that is building startup communities over cups of coffee and … [Read more...]
Mutual of Omaha Bank Finalizes Lease on Office Property
LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease to Mutual of Omaha Bank. The approximately 12,289-square-foot office property is located in the Green Valley Corporate Center at 2360 Corporate Circle in Henderson. Charles VanGeel of American Nevada Corp. and Brad Peterson of CBRE represented the lessor, Corporate Center V LLC. Taber Thill, … [Read more...]
Kevin Sullivan: Mutual of Omaha Bank
Reno Market President Reno http://www.mutualofomahabank.com/ How did you first get into your profession? Out of college, I was accepted into a Management Candidate program with First Interstate Bank. What do you like most about your industry? I enjoy the interaction and relationships with clients – helping them with their financial needs. It’s rewarding to see their … [Read more...]
