The beauty of marble and granite, at a fraction of the cost; concrete polishing offers an affordable, eco-friendly alternative to expensive, high-maintenance flooring. “This is not a topical coating,” explains Nevada Concrete Coatings, Inc. owner Rayson Shizuru. “Unlike epoxy and overlays, concrete polishing is not only very low maintenance, it also does not require … [Read more...] about Nevada Concrete Coatings, Inc
Office Summary: First Quarter 2009
Las Vegas The Las Vegas Valley office market is experiencing more empty offices than ever before with vacancies reaching a record-high 19.6 percent. The latest vacancy figures are 2.0 points ahead of where they started the quarter and 4.9-points higher than the same quarter of last year (Q1 2008). During the current cycle, vacancies reached their low point of 8.1 percent in … [Read more...] about Office Summary: First Quarter 2009
June 2009: Business Indicators
We find little improvement in the most recent economic indicators—for example, the unemployment rate rose nationally and in the Silver State. Unemployment rates in Nevada climbed rapidly over the past year and reached double-digit levels—10.5 percent, 10.4 percent, and 11.2 percent respectively for Nevada, Clark County (Las Vegas), and Washoe County (Reno) by April. The rates … [Read more...] about June 2009: Business Indicators
What is the Silver Lining to Our Current Economy?
“It has been a true reminder that none of us are ultimately defined by our balance sheet. Our value and worth as a person are based on the legacy we create, the opportunities we give to others and the support we provide our families and communities.” Frank Aguilar • President, TriCor Financial, LLC, Las Vegas“No matter what industry you are in, this type of economy … [Read more...] about What is the Silver Lining to Our Current Economy?
NAIOP in Action:
Dear members and readers; NAIOP Southern Nevada, one of the largest chapters in the nation, represents the interests of commercial real estate professionals throughout the valley. Among the most active professional organizations in Nevada, the local chapter of NAIOP is committed to the success and growth of its members and their firms. With more than a dozen active … [Read more...] about NAIOP in Action:
Burke & Associates: Celebrating 25 Years of Award Winning Construction
Celebrating 25 years as one of Nevada’s premier general contracting firms, Burke & Associates has carved a niche through consistency, stability, and award-winning construction. During this period of economic uncertainty, Burke continues to provide leadership and stability in the marketplace. Burke’s financial stability is reflected in their substantial bond and … [Read more...] about Burke & Associates: Celebrating 25 Years of Award Winning Construction
Going Green While Saving Green: How to reduce your energy costs
Environmentally friendly ways to heat and cool buildings are becoming more popular as Americans seek to reduce their carbon footprint and, lessen the country’s dependence on foreign oil. Alternative energy solutions like solar power are usually more costly than conventional technologies. However, in many cases, adding solar or another alternative energy source to existing … [Read more...] about Going Green While Saving Green: How to reduce your energy costs
At The Crossroads: Education faces tough road ahead
Public education in Nevada is again being threatened with slashes in funding – but there are two sides to every story. The recent budget spotlight is prompted by Governor Jim Gibbons’ proposed state budget, which has cut funding for public education. This follows two previous funding cuts that led to eliminated programs and staff layoffs. Now, additional services, classes … [Read more...] about At The Crossroads: Education faces tough road ahead
May 2009: Business Up Front
Federal Incomes Taxes Need Overhaul A new national survey commissioned by the Tax Foundation and conducted by Harris Interactive shows a majority of U.S. adults think that federal income taxes are “too high” (56%), while four in every five adults say the federal tax code is complex (85%) and say that the tax system needs to be completely overhauled (82%). Healthcare Costs … [Read more...] about May 2009: Business Up Front
Tourism: Resort Industry Suffers Downturn
Whether it is the snow of Lake Tahoe or the slots of Las Vegas, people have been coming to Nevada in record numbers for decades – up until 2009 that is. The economic recession has hit the Silver State with a vengeance. Hotel occupancy rates in Northern and Southern Nevada are seeing double-digit declines. The crown jewel, the convention industry, has also taken a big hit. … [Read more...] about Tourism: Resort Industry Suffers Downturn
Industry Focus: Society of Industrial and Office Realtors
Recently, more than a dozen SIOR (Society of Industrial and Office Realtors) commercial real estate executives gathered at the Las Vegas offices of Holland & Hart, LLP. The commercial real estate industry was among the hardest hit when the economy entered the current recession. The brokers discussed how business has changed, the increasing number of commercial … [Read more...] about Industry Focus: Society of Industrial and Office Realtors
May 2009: Around the State
Nevada Hospitals Among Nation’s Best Consumers’ Checkbook, a non-profit watchdog group, surveyed doctors from across the country asking them whether and where they recommend patients seek care in their own and other communities for difficult cases including complicated heart conditions, cancer and other unusual ailments. From 140,000 hospital ratings, the organization … [Read more...] about May 2009: Around the State
Protection From Mortgage Fraud And Scams
The “mortgage crisis” is now familiar to all Nevadans. As the mortgage crisis continues to unfold, record-breaking home foreclosures will be experienced and many homeowners will be forced to make tough choices. Nevada is number one in the nation for foreclosures, with one filing for every 70 households. Foreclosure scams are a statewide problem. Many people who never thought … [Read more...] about Protection From Mortgage Fraud And Scams
Architects: Designing Around Economic Turmoil
Survival Tactics Today’s construction climate in Nevada is a reverse from what has been seen in the past. Projects are fewer and farther between and every sector of commercial development has been affected in some way. Even so, some of the state’s top architectural firms are thriving despite it all. Public works projects have become much more prevalent and a backlog of work … [Read more...] about Architects: Designing Around Economic Turmoil
Finding Financial Solutions in a Challenging Environment
It is no secret that obtaining credit is especially challenging for businesses in this market of fewer lending sources and stricter requirements. In addition, finding new ways to maximize the efficiency of cash flow is more important than ever. If a business owner is considering a new loan, a key factor is taking the time for thorough preparation and documentation. Include … [Read more...] about Finding Financial Solutions in a Challenging Environment