Few today would argue against a significant deterioration in the residential and commercial real estate markets having occurred, both nationally and locally. As owners of troubled real estate projects weigh their options in the face of impaired cash flows, completion delays, delinquent payments and declining property values, their lenders and landlords will search for ways to … [Read more...] about The Real Estate Workout Equation: What Both Parties Should Know

INC magazine recently ranked Las Vegas-based Gatski Commercial Real Estate Services as one of the 5,000 fastest-growing privately held companies in the nation. Gatski Commercial manages and maintains commercial property for a variety of owners, ranging from large institutional owners to the family investor. The company currently has more than five million square feet in its … [Read more...] about Gatski Commercial Real Estate Services: New Divisions Propel Growth

Subcontractors’ work accounts for about 78 cents of every dollar earned at Martin-Harris Construction, a Las Vegas-based general contracting firm. At some companies that percentage is higher. In essence, subcontractors are crucial to general contractors and the construction industry’s residential and commercial segments. Currently, they’re in abundant supply throughout … [Read more...] about Subcontractors in the Silver State: Experience Market Shake Up

In the classic movie Groundhog Day, it takes Bill Murray’s character years and years before he finally gets it right. According to calculations by Harold Ramis, the film’s director, Phil the weatherman spends about 10 years repeating the same day. In the original screenplay, that actually took thousands of years. Phil’s real problem is himself. He suffers from egocentrism, … [Read more...] about Repeat Offenders: Genuine Reform Needed to End Corruption at UMC

“The refund was higher than expected because your income was taxed at a flat 15 percent.” Wouldn’t that be good to hear from your tax advisor? The nature of complex tax planning, and good tax planning is indeed fluid, however, there are staple strategies to endure and should be used as a platform for creating a tax plan that reduces taxes paid currently, annually and even for a … [Read more...] about Increasing Your Net Worth: The Five Staples of Effective Tax Strategy

In today’s volatile economy, many companies are making some very difficult decisions in order to stay competitive and avoid going out of business. The housing market nationwide has impacted a huge number of builders, subcontractors, building suppliers, landscapers and many others, resulting in layoffs. As organizations attempt to resize themselves to match the decrease in … [Read more...] about Organizational Contingency Planning: A Critical Strategy

So many choices: paper or plastic, 700 anytime wireless minutes or 1,200 anytime wireless minutes? While communications companies offer multiple services, business customers are trying to figure out ways to cut through the clutter and determine what they really need, not necessarily what is common. Decisions made about which type of communications services and equipment to … [Read more...] about Bundle Up Your Business: Tips for Choosing the Right One

Crisci Builders Commences Build Out of Greenberg Traurig Law Office Crisci Builders has begun the interior build out for the Las Vegas law offices of Greenberg Traurig at 3773 Howard Hughes Parkway. Crescent Real Estate contracted Crisci Builders for the 23,000-square-foot, two-story project at The Hughes Center. The law firm occupies two floors of the building. JMA … [Read more...] about January 2008: Building Nevada Briefs

The beginning of a new year is a good time to evaluate past performance and make resolutions for the coming year. For those of us in Nevada, it’s a good time to take a hard look at our senior senator, Harry Reid. First of all, I should note that Reid is “our” senator in name only. Since he assumed the role of Senate Majority Leader after the 2006 Congressional elections, his … [Read more...] about A Report Card for Harry Reid: Does He Still Stand for Nevada?

Building highways quickly enough to keep pace with Nevada’s growth is the No. 2 challenge facing the state’s transportation industry - challenge No. 1 is finding the money to fund those projects. Jacob Snow, general manager of the Regional Transportation Commission (RTC) of Southern Nevada, pointed out, “Over the last two decades, Southern Nevada has been growing by an average … [Read more...] about Trains, Planes and Automobiles: Nevada’s Transportation System

Gone are the corrupt gaming halls controlled and manipulated by the shadowy crime syndicates. As well, global competition has pushed the small, owner-operated casino to virtual extinction. Rising in their stead – many from the imploded ashes of, outdated buildings – is a billion-dollar forest of investor-owned resort hotel/casino corporations and entertainment … [Read more...] about Executive Education: An Increasing Necessity in Nevada