Projects Las Vegas, 89129 Government J.A. Tiberti Construction has completed renovations on the Durango Hills Water Resource Center. Facility improvements totaled $9.1 million and included construction of two new 8,800 SF structures. The water center was kept open during the 13-month project. MWH Americas served as architect of record. The facility is located at 3271 N. … [Read more...] about Nevada Real Estate & Development Report: September 2013
Office Summary: Second Quarter 2013
Southern Nevada The office sector vacancy rate fell slightly during the second quarter of 2013, but remains elevated. The rate fell to 26.0 percent by the end of the quarter, down 20 basis points (0.2 percentage points) compared to the prior quarter (Q1 2013). However, compared to a year ago (Q2 2012), the vacancy rate remains up 40 basis points (0.4 percentage points). The … [Read more...] about Office Summary: Second Quarter 2013
What is your biggest pet peeve?
“A press release is not the Holy Grail of a communications plan. There are many tools, especially online, to really make a public relations campaign a success and often times a traditional, long, boring press release is not the answer.” Solveig Raftery • President & CEO, The Firm Public Relations & Marketing “Top pet peeves are people who are always unhappy, poor … [Read more...] about What is your biggest pet peeve?
Industry Focus: Telecommunications
With the threat of cyber attacks at an all time high and transition to Cloud storage becoming more common, the telecommunications industry is evolving at a rapid pace. Recently, telecommunications executives representing companies throughout the industry met at the office of City National Bank to discuss the need to stay current amidst technology overload. Connie Brennan, … [Read more...] about Industry Focus: Telecommunications
Mike Hix: First Independent Bank
Senior Vice President Reno, Sparks, Carson City & Fallon https://www.firstindependentnv.com/ How did you first get into your profession? I actually started out in banking over 32 years ago as a collector, which included sometimes having to repossess cars. It helped to teach me how to deal with folks in very difficult situations and gave me an excellent behind the … [Read more...] about Mike Hix: First Independent Bank
Thomas J. Powell: NorthMarq Capital
Managing Director/Structured Finance Las Vegas https://www.northmarq.com/ How did you first get into your profession? I began my career with Wells Fargo Bank when I was recruited in 1988 for a management position in business banking for the Silicon Valley market. I was instrumental in the development and initial application of Wells Fargo’s officer sales training … [Read more...] about Thomas J. Powell: NorthMarq Capital
Wayne Tew: Clark County Credit Union
President/CEO Clark County https://www.ccculv.org/ How did you first get into your profession? When I left public accounting, I was working as a controller for a small data processing firm when a credit union CEO approached me and asked if I would come and work for him as vice president and controller. I accepted his offer and have been in credit unions ever … [Read more...] about Wayne Tew: Clark County Credit Union
Nevada Real Estate & Development Report: August 2013
Projects Las Vegas, 89128 Hospital Mountain View Hospital has completed construction on the second phase of an emergency room expansion project. The expanded emergency room doubled the size of the previous space and will now house 42 private beds for patients. The expansion provided a “Fast Track” Care and Triage area to quickly assess patients by triage nurses. Construction … [Read more...] about Nevada Real Estate & Development Report: August 2013
Industrial Summary: Second Quarter 2013
Southern Nevada The Las Vegas industrial market vacancy rate fell to 16.2 percent, which is its lowest level in more than two years. Compared to the prior quarter (Q1 2013), the vacancy rate fell 30 basis points (0.3 percentage points), while it is down 130 basis points (1.3 percentage points) from the prior year period (Q2 2012). Three projects totaling 422,100 square feet … [Read more...] about Industrial Summary: Second Quarter 2013
August 2013: Business Indicators
The “third” estimate for first quarter 2013 show U.S. real GDP increasing at an annualized rate of 1.8 percent, an improvement over the 0.4 percent growth experienced in fourth quarter 2012. Federal government spending, net exports and state and local government spending all made negative contributions while personal consumption expenditures, private inventory investment, … [Read more...] about August 2013: Business Indicators
August 2013: Around the State
Clark County Implements 10-digit Dialing and Gets a New Area Code As of the third of this month, the Public Utilities Commission (PUC) of Nevada has implemented 10-digit dialing. Additionally, next year the PUC will roll out a new 725 area code for the county. According to the North American Numbering Plan Administration (NANPA), the 702 area code will be exhausted by the … [Read more...] about August 2013: Around the State
What is your greatest concern regarding the Affordable Care Act?
“My main concern is insurance rates. The goal of ObamaCare was to get more people covered at affordable costs. However, with mandates, rating changes, etc going into effect next year it does not appear insurance rates will be going down anytime soon – especially for the younger, healthy population who we need in the risk pool!” Melissa Davies, RHU • Benefit Solutions … [Read more...] about What is your greatest concern regarding the Affordable Care Act?
Advertising Firm President Named Ad Person of the Year
American Advertising Federation affiliate AAF Reno presented the "Ad Person of the Year" award to B.C. LeDoux, president of The Glenn Group. Under LeDoux's leadership, the agency has obtained notable clients including The Smith Center, Nevada 150 Foundation, The Mob Museum and Bally Technologies. LeDoux spent several years in Reno before moving to Las Vegas, though he … [Read more...] about Advertising Firm President Named Ad Person of the Year
Industry Focus: Commercial Real Estate
It’s likely that no industry has felt the recession as strongly as the commercial real estate industry. Yet, industry experts are beginning to see an uptick in the previously challenged market. Executives representing commercial real estate interests recently met at the Las Vegas offices of Stable Development to discuss the market. Connie Brennan, publisher of Nevada … [Read more...] about Industry Focus: Commercial Real Estate
CCIM Southern Nevada: The Art of the Transaction
More than 15,000 commercial real estate professionals have earned their Certified Commercial Investment Member (CCIM) designation, considered by many to be the master’s degree equivalent in the real estate world. The CCIM designation is the mark of a professional and signifies elite status in the professional community. Membership creates access to networking opportunities, … [Read more...] about CCIM Southern Nevada: The Art of the Transaction