As Governor Steve Sisolak looks at the state’s strong economic performance at the dawn of a new decade, he sees it well-positioned to make investments that will create jobs and wealth for years to come. Top economists expect Nevada’s strong performance will continue into the New Year and that optimism, Sisolak says, creates an opportunity to address long-term economic … [Read more...] about Economic Forecast
Reno business
Industry FocusHealthcare
Left to Right: Connie Brennan, Nevada Business Magazine • Dean Dow, Regional Emergency Medical Services Authority (REMSA) • Karen Rubel, Nathan Adelson Hospice • Mark Price, Healthcare Partners Nevada • Donna Miller, American Medical Response (AMR) • Dr. Sherif Abdou, P3 Health • Heather Korbulic, Silver State Health Insurance Exchange • Patty Holden, Elite Medical Center • … [Read more...] about Industry Focus
Stable and SustainableNevada’s Residential Market
Nevada’s residential housing should be stabilized and sustainable throughout 2020. Despite a relative lack of inventory and as potential homebuyers continue to flock to northern and southern Nevada alike, multiple Nevada real estate executives said they believe the housing market will settle into a groove. “For the first time in 13, 14 years, I can use the words stable … [Read more...] about Stable and Sustainable
Mike Altimus
“Take care of your people and the return can be endless.” Vice President, Peterbilt Truck Parts & EquipmentGeneral Manager, Silver State InternationalType of Business: Full Service Heavy Duty Truck Dealerships Based In: Sparks, NVHails From: Reno, NV Years Company Has Been in Nevada: 76Years with Company in Nevada: 26Employees with Company: 135 What was your … [Read more...] about Mike Altimus
Coming Up…Multiple Generations in the Workplace
Nevada businesses are operating in a unique era. People are living longer, healthier lives, and therefore they’re not leaving the workforce as soon as they once did. As a result, there are currently four generations working together, bringing unique strengths to the workplace, as well as new challenges. In some ways, people working together are simply people working … [Read more...] about Coming Up…
Credit UnionsCommunity Banking
As banks continue to consolidate and grow as national corporations, credit unions likewise continue to provide financial connections to local communities. Clark County Credit Union President and CEO Matt Kershaw said the philosophy of “people helping people” has propelled state-charted credit unions to be the largest group of locally-owned financial institutions in Nevada. … [Read more...] about Credit Unions
Industry FocusAttorneys
Left to Right: Dana Dwiggins, Solomon Dwiggins and Freer • Robert Kim, Ballard Spahr • Shane Young, Young Law Group • Alex De Castroverde, De Castroverde Law Group • Barbara Buckley, Legal Aid Center • Bruce Ford, City National Bank • Nile Leatham, Kolesar & Leatham • Terry Coffing, Marquis Aurbach Coffing • Connie Brennan, Nevada Business Magazine • Debra … [Read more...] about Industry Focus
Shifts OccurringNevada’s Tourism Industry
“Strong” and “evolving”— that’s how Lt. Governor Kate Marshall, chair of TravelNevada described the Silver State’s tourism industry today. Its robustness is evidenced by visitor spending, which has increased year-over-year since 2009. In calendar year 2018, the 56 million people who visited Nevada collectively spent $65.5 billion here, up from $63.7 billion the year … [Read more...] about Shifts Occurring
RetailFocus on the Experience
Once upon a time — say, 10 years ago — retail was all about selling stuff. But as the business of selling stuff continues to move online, the word of the moment among retailers and shopping center owners is “experience.” “Experience is a big part of what retailers are looking to incorporate now, whether this is in the form of innovative interiors, games or mobile pickup,” … [Read more...] about Retail
Professional SportsThe Big New Game in Town
Read "The Business of Sports" by Jennifer Ko Craft With its $1.8 billion budget, the spectacular new Allegiant Stadium — home of the NFL’s Raiders beginning in 2020 — is the biggest, highest profile construction project in Las Vegas in recent memory. But for all the economic benefits of the construction, the new stadium is merely the beginning of a powerful wave … [Read more...] about Professional Sports
Industry FocusBankers
Left to Right: Sara Lindgren, JP Morgan Chase Bank • BJ North, Plumas Bank • David Navarro, Pacific Premier Bank • James York, Valley Bank • John Zaby, Mutual of Omaha Bank • Connie Brennan, Nevada Business Magazine • Paul Stowell, City National Bank • Phyllis Gurgevich, Nevada Banker’s Association • John Guedry, Bank of Nevada • Diane Fearon, Lexicon Bank One industry … [Read more...] about Industry Focus
How We Stack Up2019
Statistics about Nevada in 2019 provide reasons for both optimism and concern. In this 14th annual study comparing Nevada to other states, economic indicators show that the state is thriving: tourism numbers are up, unemployment is down and home values are steadily rising. However, Nevada is still dealing with the same chronic social issues noted in the first edition in 2006. … [Read more...] about How We Stack Up
Lights, Camera – Nevada!A Look Inside Nevada’s Growing Film Industry
Cover and Intro Images by Eric Guideng, Rob Anderson (director, pictured) and Blackwood (production company) Nevada’s film industry is growing in a very competitive international environment. “We currently exist in what is the most competitive environment for production we’ve seen,” said Eric Preiss, director, Nevada Film Office, Nevada Governor’s Office of Economic … [Read more...] about Lights, Camera – Nevada!
Lending BoomCRE Financing in Nevada
Sandy Gordon: Nevada State Development Corporation Developers of commercial projects in Nevada these days are likely to field calls from a growing number of lenders eager to make loans to build or buy office buildings, retail centers and industrial projects in the booming state. But memories remain strong of the collapse of the commercial lending market in … [Read more...] about Lending Boom
Legal Elite 2019The Silver State’s Top Attorneys
Now in it’s twelfth year, Legal Elite is an annual list showcasing Nevada’s top attorneys as chosen by their peers. The attorneys appearing in the following lists represent the best of the best. Polling for Legal Elite 2019 began in mid-February and nearly 5,000 nominations were submitted by licensed attorneys in Nevada. Each submission then went through an extensive … [Read more...] about Legal Elite 2019
Nevada Bankers AssociationSupporting Business. Supporting Communities
WHAT makes a community a community? From educators and law enforcement to medical professionals and retailers, every individual plays an important role to the success of the community. Banks play a key part in supporting the community as well. By providing loans, checking and savings accounts and a range of products and services, banks help create stable, prosperous … [Read more...] about Nevada Bankers Association
Strong DesignArchitects and Engineers in Nevada
Even as the Las Vegas economy recovered from the Great Recession, Ed Vance and his architecture firm survived almost solely on the business from the Lucky Dragon. For two years during the project, Vance said projects were relatively hard to come by as developers weren’t quick to pull the trigger. Vance is adamant that all changed with the 2016 election. Since the election, … [Read more...] about Strong Design
Around the StateApril 2019
Coalition Forms to Match Employees to Available Jobs Over 40 public and private entities have joined to form the Career and Technical Education Messaging Coalition of Northern Nevada (CTE-MCNN). The coalition members represent diverse fields and expertise in Nevada. The coalition’s goal is to match potential employees with job and certificate opportunities. The coalition has … [Read more...] about Around the State
Red ReportJanuary 2019
E Sale, Retail Address 1205 Las Vegas Boulevard S, 89104 Seller DeCar Enterprises Details 31,000 SF; $6 million APN 162-03-106-001 Seller Rep Cathy Jones, CCIM, Anders Graciano and Paul Miachika of Sun Commercial Real Estate Sale, Industrial Address 4432 Calimesa St., 89115 Buyer Solis Properties Seller NLV Sagebrush Details 31,000 SF; $3.65 million Buyer Rep Chris Lane, CCIM … [Read more...] about Red Report
Red Report: December 2018
E Sale, Industrial Address 4432 Calimesa St., 89115 Buyer Solis Properties Seller NLV Sagebrush Details 31,000 SF; $3.65 million Buyer Rep Chris Lane, CCIM of Colliers International Seller Rep Dan Doherty, SIOR, Paul Sweetland, SIOR and Jerry Doty of Colliers International Sale, Multi-Family Address 4870 Nellis Oasis Ln. and 5025 Nellis Oasis Ln., 89115 Buyer … [Read more...] about Red Report: December 2018