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...]
CALV Elects 2017 Board, Led by Incoming President Jennifer Ott
LAS VEGAS – The Commercial Alliance Las Vegas (CALV) has announced its new officers and directors for 2017, with longtime member and industry leader Jennifer Ott, CCIM, serving as president of the commercial real estate organization as of Jan. 1. Ott, a UNLV graduate, is an executive vice president for retail sales and leasing at ROI Commercial Real Estate in Las Vegas. She … [Read more...]
Keep on the Sunny Side: Power Poll 2016
Optimism is in the air as 2016 ramps up and that positivity is making its way through Nevada’s business community as executives and business owners continue to see improvements. The year started with some big announcements for economic diversification in the state, including projects moving into Southern Nevada’s Apex and continued optimism in the north with new businesses … [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...]
Red Report: November 2015
E Sale, Multi-Family ADDRESS 310 – 400 S. 11th St., 89101 BUYER BDR Cascadia SELLER Norma Jakubowski DETAILS 57 units; $45,947 per unit APN 139-34-712-101 SELLER REP Michael LaBar and Michael Shaffner of Avison Young Sale, Multi-Family ADDRESS 1823 Santa Paula Dr., 89104 BUYER 1823 Santa Paula Apartments, LLC SELLER Eagle Property Partners, LLC DETAILS 12 units; … [Read more...]
I am a CCIM
Mission Statement To position the Chapter as the premier commercial real estate organization for Southern Nevada by enhancing the value of the CCIM designation and increasing the number of designees and candidates through professionalism and educational excellence. Here’s what “I Am a CCIM” means to these designees: Brian Sorrentino: “It means that I should know … [Read more...]
The Retail Market: Recovering with Measured Expectations
With a New Year upon us, real estate brokers and developers are dampening their expectations for the retail market in Nevada over the next couple of months and for the rest of 2015. Nevertheless, all of them see positive trends for the market and some reason to remain optimistic. “We are clearly in a recovery,” said Brendan Keating, principal with The Equity Group in Las … [Read more...]
CALV Names New Board for 2015, with Bobbi Miracle as President
The Commercial Alliance Las Vegas (CALV) has announced its new officers and directors for 2015, with longtime member and commercial real estate executive Bobbi Miracle serving as president of the commercial real estate organization starting Jan. 1.Miracle, of Commercial Executives Real Estate Services in Las Vegas, previously served as president-elect and as a director of … [Read more...]
Industry Focus: Commercial Real Estate
As the economy recovers, commercial real estate is slowly regaining footing in the Silver State. Recently, executives representing the industry met at the Las Vegas offices of Gordon Silver to discuss the challenges of commercial real estate in Nevada. Connie Brennan, publisher of Nevada Business Magazine, served as moderator for the event. These monthly meetings are … [Read more...]
Vegas Home Prices Rise, Market Sees More Traditional Buyers
The median price of an existing single-family home sold in Southern Nevada during June was $199,900 - the highest mark since September 2008. This is according to recent statistics released by the Greater Las Vegas Association of REALTORS (GLVAR). The median price is 2.5 percent higher than May and up over 14 percent compared to June 2013. GLVAR President Heidi Kasama called … [Read more...]
Nevada Real Estate & Development Report: February 2014
H Sale, Office ADDRESS 3039 W. Horizon Ridge Pkwy, 89052 BUYER Denco, LLC SELLER Vantage at Horizon Ridge, LLC DETAILS 6,754 SF; $1,725,000 APN 177-35-510-029 BUYER’S REP William Skupa and Gino Vincent of MINT Property Group, Ltd. SELLER’S REP Joseph DeSimone of First Federal Realty Desimone Sale, Vacant Land ADDRESS Stephanie St. and Wigwam Pkwy. 89074 BUYER LVCSD … [Read more...]
Nevada Real Estate & Development Report: August 2013
Projects Las Vegas, 89128 Hospital Mountain View Hospital has completed construction on the second phase of an emergency room expansion project. The expanded emergency room doubled the size of the previous space and will now house 42 private beds for patients. The expansion provided a “Fast Track” Care and Triage area to quickly assess patients by triage nurses. Construction … [Read more...]
Power Poll 2012
For the past several years, Nevadans have seen a multitude of changes in the state’s economic landscape. Unfortunately, many of those changes have been negative. Despite that, in this year’s tenth annual Power Poll, many executives maintain an optimism that was illustrated in last year’s poll and show hopes for the future of the Silver State. The Power Poll survey was sent … [Read more...]
