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Jennifer Rachel Baumer

Keeping Pace with the FutureEmbracing Change in Nevada Education

March 1, 2025 By Jennifer Rachel Baumer

  Navigating K-12 education is more complicated today than it used to be. Students face more distractions, from social media to family finances. Yet it's important for students to keep pace with a world that's rapidly changing. Technology evolves at the speed of thought. Career opportunities grow and shrink with industry changes that reflect economic and workforce … [Read more...] about Keeping Pace with the Future

Everybody Has to Live SomewhereMultifamily Properties in Nevada 2025

February 1, 2025 By Jennifer Rachel Baumer

Between 2019 and 2024, Las Vegas grew by 105,000 new residents, and Reno by 88,000. Mortgages hit their highest level since 2000 as interest rates soared. Single-family home sales dropped 13 percent in northern Nevada between 2023 and 2024, and single-family home prices jumped 19 percent in southern Nevada. Inventory of homes grew as prices rose, but so did the population—there … [Read more...] about Everybody Has to Live Somewhere

Promises, Potential & PitfallsEconomic Forecast 2025

January 1, 2025 By Jennifer Rachel Baumer

A new year feels like a change, finishing one chapter and starting the next. Ordinarily there's a narrative that pulls everyone along, because most situations, events and circumstances don't change overnight. This time the change feels momentous. Individuals and industries want to predict what’s going to be familiar, and what's going to be completely changed. The Big … [Read more...] about Promises, Potential & Pitfalls

Credit Unions 2024Risks, Regulations and the Rewards of Being a Cooperative Member of Your Chosen Financial Institution

December 4, 2024 By Jennifer Rachel Baumer

Among concerns business owners need to manage is what kind of financial institution to bring onboard to meet the company's banking needs. In general, choices include traditional banks that service the general public and offer standard financial services. Commercial and corporate banks provide specialty services to business accounts of all sizes. Investment banks handle more … [Read more...] about Credit Unions 2024

Welcome to the ShowConventions, Conventioneers, and Convention Space in Nevada

November 1, 2024 By Jennifer Rachel Baumer

Conventions, conferences, corporate meetings, trade shows - every region wants them. The convention industry, which in Nevada includes sport groups, creates a baseline of rooms occupied not just on weekends when leisure travelers are visiting, but during the week. Las Vegas gets more than six million convention and trade show visitors annually. They're the reason hotels are … [Read more...] about Welcome to the Show

Mergers & AcquisitionsLess Harrowing, More Helpful in Reality Than in Popular Fiction

November 1, 2024 By Jennifer Rachel Baumer

In the movie Hook, grown up Peter Pan has become a pirate himself, raiding companies through hostile mergers and acquisitions (M&A). In Pretty Woman, Richard Gere is a high powered lawyer bent on taking over a company whose current owners—grandfather and grandson—aren't sure they want to sell, or at least not to him. Fictional M&A are more dramatic when mergers are … [Read more...] about Mergers & Acquisitions

Investing in the FutureCommercial Real Estate Investment in Nevada

October 1, 2024 By Jennifer Rachel Baumer

  There are five types of commercial real estate investment properties: office, industrial, retail, multifamily, and the niche market of hotel or hospitality properties. There are a handful of other products, but those are the most common for investors to take interest in. There are also different types of commercial real estate (CRE) investors. "You have investors … [Read more...] about Investing in the Future

Your Package is out for DeliveryLogistics in Nevada

August 8, 2024 By Jennifer Rachel Baumer

Rapid growth during COVID led to growing pains for the logistics industry: the need for the industry to, if not shrink, at least contract, and the need for increased rates and decreased overhead. Logistics continues to grow while recovering from a recessionary environment it's functioned in for the last 18 months, a far cry from the boom of 2020 when COVID-19 made supply chain … [Read more...] about Your Package is out for Delivery

Not Quite HumanArtificial Intelligence + Business

July 1, 2024 By Jennifer Rachel Baumer

Artificial intelligence (AI) has been all over the news for the last couple years. The advent of OpenAI's ChatGPT and Google's Gemini AI systems have been met with everything from curiosity to anticipation to fear. The possibilities for a future with everything from science fiction AI's controlling the fate of humans to a world where mundane tasks are handled by computers … [Read more...] about Not Quite Human

From Optimistic Beginnings to Realized SuccessSouthern Nevada CCIM

July 1, 2024 By Jennifer Rachel Baumer

Special Report July 2024

The Certified Commercial Investment Member (CCIM) designation is recognized worldwide as a symbol of excellence in the commercial real estate industry. “CCIM is a prestigious designation. There are several commercial real estate designations out there, but not many that combine the education and experience requirements to obtain that designation,” said Charlie Mack, CCIM, … [Read more...] about From Optimistic Beginnings to Realized Success

GOEDInnovation and the Entrepreneurial Space

June 1, 2024 By Jennifer Rachel Baumer

“GOED is actively building an electric, innovative and connected Nevada future,” said Tom Burns, executive director at the Nevada Governor’s Office of Economic Development (GOED). “We certainly recognize the contributions mining and hospitality have made to the state. But we take advantage of building and expanding other sectors by bringing companies into Nevada. As new … [Read more...] about GOED

Money 2024An Update on Financing in Nevada

May 1, 2024 By Jennifer Rachel Baumer

Money 2024

The ability to get financing when needed is critical to most businesses. "The important thing to know is how vibrant Nevada is right now," said Bruce Ford, senior vice president, City National Bank. "Nevada is economically vibrant and we anticipate it will only grow more vibrant. This is a great time to be a business owner in Nevada." Approaching mid-year 2024, there's money … [Read more...] about Money 2024

Quality Access + CostNevada Healthcare Checkup 2024

April 1, 2024 By Jennifer Rachel Baumer

Quality Access + Cost: Healthcare Checkup 2024 - Nevada Business Magazine April 2024

  There used to be a joke about healthcare in Nevada that went something like this: Where do you go for the best healthcare in Nevada? The airport. The joke doesn't hold up. Today Nevadans don't need to leave home to access the healthcare they need. That's not to say the industry isn't facing challenges, especially in light of ongoing inflation and the lingering … [Read more...] about Quality Access + Cost

AudaCityHenderson

April 1, 2024 By Jennifer Rachel Baumer

Nevada Business Magazine - April 2024: Special Report

Henderson American author John Calvin Maxwell once said, “A leader is one who knows the way, goes the way and shows the way.” Henderson has never shied away from being first on the board and blazing a trail for others to follow. But that takes more than guts. We lead with a strong vision, a strategic plan and an unwavering commitment to do what it takes to achieve our … [Read more...] about AudaCity

Pizza Fridays, Robust 401Ks and Working RemoteThe State of Employment in the State of Nevada

March 1, 2024 By Jennifer Rachel Baumer

Pizza Fridays, Robust 401Ks and Working Remote

One thing employers in every industry have in common right now: The inability to find employees. Nevada leads the nation with the highest unemployment numbers as of December 2023, but it's a job seeker's market. "Nevada is in a very unique position," said Christopher Sewell, director, Nevada Department of Employment, Training and Rehabilitation (DETR). "We have the highest … [Read more...] about Pizza Fridays, Robust 401Ks and Working Remote

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