Every Nevada employer is responsible for making certain their employees are trained in safety procedures and covered by workers’ compensation insurance. Every business with even one employee is required to carry workers’ comp insurance and has a legal and moral responsibility to keep employees safe – even those employees they don’t realize they have. Every industry has … [Read more...] about Safety on the Job
Technology’s RoleIn Nevada’s Economy
A diverse economy is stronger than one based on only one or two industries. Traditionally, Nevada’s economic foundations have depended on mining and travel, tourism and hospitality. When the last recession hit even the hospitality industry, a serious move to diversify the economy began. “The biggest impetus that started everyone down the path of the new innovations and … [Read more...] about Technology’s Role
Entitlements and ZoningGetting Through the Process
Some industry-specific terms become part of the general language even when not everyone can define them. Most people understand what zoning means. But ask a handful of representatives from different government entities how their entitlements process works and most will respond with, “What do you mean by entitlements?” Clarifying the Term “You own a piece of … [Read more...] about Entitlements and Zoning
Lights, Camera – Nevada!A Look Inside Nevada’s Growing Film Industry
Nevada’s film industry is growing in a very competitive international environment. “We currently exist in what is the most competitive environment for production we’ve seen,” said Eric Preiss, director, Nevada Film Office, Nevada Governor’s Office of Economic Development. The film industry itself is expanding. The internet has changed the concept from movies to content, … [Read more...] about Lights, Camera – Nevada!
Nevada Bankers AssociationSupporting Business. Supporting Communities
WHAT makes a community a community? From educators and law enforcement to medical professionals and retailers, every individual plays an important role to the success of the community. Banks play a key part in supporting the community as well. By providing loans, checking and savings accounts and a range of products and services, banks help create stable, prosperous … [Read more...] about Nevada Bankers Association
Reshaping Commercial Real EstateBrokers in Nevada
Buying, selling and investing in commercial real estate isn’t the same today as it was 10 years ago, and 10 years from now it should be completely changed. “Technology is changing in our industry,” said Brendan Keating, CEO, Logic Commercial Real Estate. “So the way we have to approach business, we need to be thinking about our technology while we’re marketing. Technology … [Read more...] about Reshaping Commercial Real Estate
Continual EvolutionHealthcare in Nevada
Healthcare in the U.S. has been changing for the past decade with the rise and fall of the Affordable Care Act (ACA), and it continues to evolve and change in Nevada. “There’s so much change, so much innovation in healthcare around the country right now, it’s really an amazing time,” said Mark Price, president, Healthcare Partners Nevada, a provider with 310 … [Read more...] about Continual Evolution
Educating for What Will BeMeeting Nevada’s Future Needs
It’s evident that education cannot remain static and neither can it exist as separate from the real world. Rather, experts agree it needs to be made up of a series of interconnected, flexible institutions that reflect the change of Nevada industries and the demands and opportunities of technology. “You can’t educate kids in a vacuum. We always have to be looking at the … [Read more...] about Educating for What Will Be
The Return of Office 2019Nevada’s CRE Office Industry
Nevada’s commercial real estate office market is healthy, but not considered robust. Hit hard during the 2008 recession, it’s good to see vacancy rates dropping and rents increasing, but there’s been very little new product built in the last decade, which accounts for at least some of the continuing drop in vacancy rates. “The office market is not where we’d like it to be, … [Read more...] about The Return of Office 2019
Ready to WorkNevada Industry Excellence and an Opportunity-Driven Workforce
Education, collaboration and an educated workforce together describe the system of agencies and organizations working to build a pipeline from educated workers to the employers representing high demand jobs in Nevada. One such agency is Nevada Industry Excellence (NVIE). The industrial outreach program of the Nevada System of Higher Education (NSHE), NVIE is administered by … [Read more...] about Ready to Work
Living LargeNevada’s Luxury Home Market
In late 2018, a condo in the Waldorf Astoria Las Vegas sold for a record-setting $1,633 per square foot. Despite this being an impressive luxury home record sale, it could be eclipsed if a home listed at Crystal Pointe, Lake Tahoe, sells – that listing is for $75 million. Nevada’s luxury home market is growing. New residents flocking to our state bring with them equity from … [Read more...] about Living Large
The New Generation Gap: Five Diverse Groups
Millennials, Generations Z and X, baby boomers and the traditionalists or silent generation is a diverse list of titles to represent an even more diverse group of people. Today there are five generations in the workforce, each with their own characteristics and commonalities, strengths and weaknesses. The generations differ in work styles, communication styles, what … [Read more...] about The New Generation Gap: Five Diverse Groups
The Business of Credit Unions: The “Own-Your-Own” Financing Institution
“Credit unions have a different structure and business model than banks do, but they’re still depository institutions, so safe and sound is still safe and sound,” said George Burns, commissioner, Nevada Financial Institutions Division (NFID). They’re also the largest state-chartered, locally owned financial institutions in the state, according to Matt Kershaw, CEO, Clark … [Read more...] about The Business of Credit Unions: The “Own-Your-Own” Financing Institution
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
Commercial Property Management: Changing and Adapting with Nevada’s Economy
All three commercial real estate sectors – industrial, retail and office – are growing in Nevada, though at different speeds by sector and geography. Industrial is driving the growth, office is still lagging but beginning to grow and retail is returning as the economy continues to recover. Commercial real estate sectors might be experiencing growth, but investors, businesses … [Read more...] about Commercial Property Management: Changing and Adapting with Nevada’s Economy