CAEK, Inc. This female-founded software company provides regulatory compliance and information security solutions for the medical industry and has recently moved its headquarters from Fayetteville, AR to Reno. The company expects its staff to grow to more than 150 employees as it adds software engineers, security analysts and sales professionals. The founder also expressed a … [Read more...] about Welcome to Nevada: October 2016
Industry Focus: Bankers
As the Silver State continues to bounce back from the recent recession, Nevada banking continues to experience ups and downs throughout the recovery. Potential rising interest rates, regulatory changes and staffing issues remain a challenge to the industry. However, loan demand is up and bankers have expressed an optimism going forward. Banking executives recently met at the … [Read more...] about Industry Focus: Bankers
Movers & Shakers: Michael W. Buis
CEO Pacific States Communications (30 years in NV) "Do what is right." Type of Business: Telecommunication Sales and Service | Hails from: Plainfield, Indiana | 26 years with company in Nevada | Based in: Reno How did you first get into your profession? After graduating from Purdue with my Masters in Engineering, I went west to Las Vegas. I practiced engineering … [Read more...] about Movers & Shakers: Michael W. Buis
Red Report: October 2016
E Sale, Multi-Family ADDRESS 517 N. 28th St., 89101 BUYER Green Tree Apartment, LLC SELLER Las Vegas Apartments, LLC DETAILS 72 units; $54,166 per unit APN 139-36-110-028 SELLER’S REP Devin Lee, CCIM and Robin Willet of NAI Vegas | The Sauter Multifamily Group H Project, Other ADDRESS 655 E. Lake Mead Pkwy., 89015 CONTRACTOR OF RECORD Core Construction DETAILS A … [Read more...] about Red Report: October 2016
Retail Summary: Second Quarter 2016
Southern Nevada The Las Vegas Valley anchored retail vacancy rate declined from 11.3 percent to 11 percent in the past 12 months. At the end of Q2, vacancy rates were 7 percent in power centers, 12.5 percent in community centers and 11.8 percent in neighborhood centers. With the retail market just 1 point above the 10 percent stabilized rate and taxable retail sales at … [Read more...] about Retail Summary: Second Quarter 2016
How Do You Measure Success?
“If I am happy when I wake up in the morning, I know I had a successful day yesterday. If I continue ending each day happy, I know I chose the right career.” Scott Donaghe | Senior Associate, Avison Young “In the non-profit world, success is measured by the number of lives we are changing. When we know we have helped to improve the graduation rates for the schools we work … [Read more...] about How Do You Measure Success?
Eleventh Annual Healthcare Heroes
LEGACY The first and longest running program of its kind in Nevada, Healthcare Heroes was born in 2006 with 10 categories and a seemingly endless supply of nominees. Since the beginning, Healthcare Heroes has been a catalyst to help grow healthcare in the Silver State. Taking the idea of contributing to healthcare a step further, the Healthcare Heroes scholarship fund was … [Read more...] about Eleventh Annual Healthcare Heroes
Welcome to Nevada: September 2016
Curacoa A California-based retail store is opening its first Nevada location in the Meadows Mall in Las Vegas this fall. Curacoa is a department store targeted towards the Hispanic community that offers merchandise and electronics, as well as services such as travel arrangements and money transfers. The store plans to hire 150 employees, both full and part-time, that are … [Read more...] about Welcome to Nevada: September 2016
Around the State: September 2016
Startup Incubator Partners with UNR’s Innevation Center The University of Nevada, Reno Innevation Center has announced a partnership with The Batchery to support entrepreneur development in Nevada. The Batchery is a California-based global incubator for seed stage startups that bills itself as the “global gateway to Silicon Valley”. The partnership gives Batchery members … [Read more...] about Around the State: September 2016
Industry Focus: Education
Education continues to be a hot topic for many citizens of the Silver State. Concerns over state rankings have been addressed by both public and private sectors in hopes of improving the overall status of students in Nevada. Recently, leaders in education in Nevada met at the Las Vegas office of City National Bank to discuss what can be done for Nevada to reach its full … [Read more...] about Industry Focus: Education
Movers & Shakers: Dr. Eva Littman
Owner Red Rock Fertility Center (8 years in NV) "Think big!” Type of Business: Fertility Center | Hails from: New Bern, North Carolina| 8 years with company in Nevada | Based in: Las Vegas How did you first get into your profession? My dad was a physician and my role model. What is your pet peeve? Slow drivers in the fast lane. What do you want your legacy … [Read more...] about Movers & Shakers: Dr. Eva Littman
Red Report: September 2016
E Sale, Multi-Family ADDRESS 5325 E. Tropicana Ave., 89122 BUYER Aspen Square Management, Inc. SELLER Majestic Heights Owner, LLC DETAILS 240 units; $77,500 per unit APN 161-28-102-002 SELLER’S REP Art Carll and Patrick Sauter of NAI Vegas | The Sauter Multifamily Group H Sale, Retail ADDRESS Multiple Properties, 89052 BUYER 3D Investments, LLC SELLER Eastern … [Read more...] about Red Report: September 2016
Office Summary: Second Quarter 2016
Southern Nevada Las Vegas Valley’s speculative office vacancy rate in Q2 2016 declined 2.5 points to 16.2 percent from Q1 2016. This was a big decline after the first rise in vacancy in four quarters during Q1. Vacancy rates ranged from 14.1 percent for Class C space to 21.3 percent for Class A space at the end of Q2. There was one office completion in Q2, the Park at … [Read more...] about Office Summary: Second Quarter 2016
What Advice Would You Give Your Younger Self?
“I would tell myself to not be complacent and be willing to leave your existing comfort zone. Take risks—those risks can lead to greater opportunity.” Eric Speer | General Manager Las Vegas Office, Logical Position “Unless you are absolutely passionate about your career role and can’t bear to exit, upgrade your position every five years. Change spurs growth. Keep building … [Read more...] about What Advice Would You Give Your Younger Self?
Industry Focus: Mining
The mining industry in the Silver State has undoubtedly faced its share of challenges over the last few years. Commodity prices and strict federal regulations have hindered organizations as they seek to gain forward momentum. However, leaders in the industry nonetheless expressed continued optimism for mining in Nevada. They recently met at the Reno offices of City National … [Read more...] about Industry Focus: Mining