An asset to any business, CPAs and accountants have a multitude of challenges when it comes to staying on top of new laws and advising their clients. Recently, executives representing this industry met at the Las Vegas office of City National Bank to talk about the changes they’ve seen recently and what is on the horizon. Connie Brennan, publisher and CEO of … [Read more...] about Industry Focus: CPAs
Scott Aney
CRE Financing: Evolving with Nevada’s Economy
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...] about CRE Financing: Evolving with Nevada’s Economy
Industry Focus: Builders & Developers
Arguably the most beleaguered industry during the Great Recession, builders and developers have bounced back with a vengeance. Executives in this industry recently gathered to discuss their industry, the rebound and new challenges builders and developers face. Connie Brennan, publisher and CEO of Nevada Business Magazine, served as moderator for this event. The magazine’s … [Read more...] about Industry Focus: Builders & Developers
Financial Foundations: Funding Commercial Real Estate in Nevada
Nevada’s commercial real estate industry is growing again. New projects are underway, both sales of existing buildings and those under construction. “We’re definitely seeing a large increase in our loan volume over the last several months,” said Debra Alexandre, president, Nevada State Development Corp. “It’s looking much better than it has since the recovery began. We’re … [Read more...] about Financial Foundations: Funding Commercial Real Estate in Nevada
Banking on Nevada: Stronger + in Recovery Mode
For City National Bank, 2016 was one of its best years since the economic downturn. Today, with $47 billion in assets, its financials are more robust overall, profitability is improved, topline revenues are increasing and its number of clients is up, said Scott Aney, Nevada regional executive. In fact, in December, executives signed a 10-year lease extension for City National’s … [Read more...] about Banking on Nevada: Stronger + in Recovery Mode
Industry Focus: Insurance
Changes are occurring in many aspects of insurance including auto liability, construction-defect and, most notably, health insurance. While it may be a time of transition for insurance brokers and carriers, industry leaders are hopeful that stability will quickly follow. Recently, insurance executives met at the the Las Vegas offices of City National Bank to discuss new … [Read more...] about Industry Focus: Insurance
City National Signs 10-Year Lease Extension on its LV Regional Center and Unveils Additional Rooftop Signage
LAS VEGAS – City National Bank, Nevada’s Premier Private and Business Bank, reaffirmed its commitment to Nevada and its long-term growth initiative with the signing of a 10-year lease extension on its Las Vegas Regional Center in Summerlin. The lease extension on this facility located at 10801 West Charleston Boulevard and the corner of Pavilion Center begins October 2017 and … [Read more...] about City National Signs 10-Year Lease Extension on its LV Regional Center and Unveils Additional Rooftop Signage
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...] about Industry Focus: Commercial Real Estate Brokers