Vice President, Peterbilt Truck Parts & EquipmentGeneral Manager, Silver State InternationalType of Business: Full Service Heavy Duty Truck Dealerships Based In: Sparks, NVHails From: Reno, NV Years Company Has Been in Nevada: 76Years with Company in Nevada: 26Employees with Company: 135 What was your first job? I worked a paper route at 7 years old. At the age … [Read more...] about Mike Altimus
Departments
Commercial RE ReportRetail Summary: Third Quarter 2019
Northern Nevada By Dickson Commercial Group Investment activity slowed slightly in Q3, with over $34 million in volume over 19 transactions, down from $55 million in Q2. The quarter simply lacked any major shopping center deals, as most were pushed into the early part of Q4. The largest leasing transaction this quarter was for Action Home Appliance & TVs. … [Read more...] about Commercial RE Report
Business IndicatorsJanuary 2020
The “second” estimate of U.S. real gross domestic product (GDP) for the third quarter of 2019 expanded at a 2.1 percent annualized rate, revised up by 0.2 percent from the advance estimate of 1.9 percent. The upward revisions reflected less negative business investment, including inventory investment and more positive consumer spending than previously thought, which were partly … [Read more...] about Business Indicators
Last WordWhat are your Hopes for 2020?
Alan Garrett CEOCarson Tahoe Health “To improve the health and well-being of all Nevadans. In doing so we must challenge the status quo and innovate to ensure access, improve outcomes and foster a health network where people are the priority.” Elizabeth Trosper OwnerTrosper Public Relations “I hope and pray for a kinder world as well as health and happiness … [Read more...] about Last Word
The New Faces of FraudLearn the Clues to Keep Fraudsters at Bay
It’s a business scenario that looks innocent enough. An email from a vendor or executive with a change to payment instructions on an outstanding invoice. The problem is the email had been hacked and the payment you sent has gone to a fraudster, instead of where you intended. In a world of online billing and email distribution, companies large and small are falling victim to … [Read more...] about The New Faces of Fraud
We’re Always Taxing ‘Someone Else’
It’s always easier to spend someone else’s money—and voters are often eager to believe politicians when they promise to do just that. That’s probably why Donald Trump’s promise to make Mexico pay for a border wall resonated with his base. Certainly, it’s why Democrats have stuck to class warfare talking points, telling voters a tax on Jeff Bezos will somehow pay for a … [Read more...] about We’re Always Taxing ‘Someone Else’
Arnold Stalk, PhD
Founder, Veterans Village Las Vegas Type of Business: Housing and supportive services for United States Veterans Based In: Downtown Las VegasHails From: Santa Monica, CA Years Company Has Been in Nevada: 8Years with Company in Nevada: 8Employees with Company: 30 What was your first job? Working for my dad in a paint store in California. Who in your life … [Read more...] about Arnold Stalk, PhD
Around the StateDecember 2019
UNLV School of Medicine Achieves Accreditation Milestone The UNLV School of Medicine (SOM) has been granted provisional accreditation by the Liaison Committee on Medical Education (LCME). The school is on track for full accreditation by 2021 or 2022. The LCME is the accrediting body for schools of medicine in the US and Canada. The school earned preliminary accreditation in … [Read more...] about Around the State
Commercial RE ReportOffice Summary: Third Quarter 2019
Northern Nevada By Colliers | Reno The third quarter of 2019 was one of the strongest quarters for office space in recent history. A healthy 130,000 square feet of net absorption was recorded, with many large leases in the Downtown and Meadowood Submarkets. Vacancy decreased to 10.5 percent. Current office stats were strong enough to support new construction, which … [Read more...] about Commercial RE Report
Business IndicatorsDecember 2019
The “advance” estimate of U.S. real gross domestic product (GDP) for the third quarter of 2019 increased by 1.9 percent at an annualized rate. Residential investment, which experienced six consecutive quarters of losses, finally rebounded and also contributed positively to the real GDP growth. U.S. nonfarm employment gained 128,000 jobs in October with large losses in the … [Read more...] about Business Indicators
Last WordWhat is Your Favorite Way to Give Back?
Jeri Crawford Chairman of the Board Las Vegas Philharmonic “As a life-long consumer of the arts, I believe in supporting causes that provide children and underserved communities with access to art, music and education. I believe in the power of art to build thriving communities.” Tim Holland Owner, Employee Benefits Consultant LP Insurance Services “I like … [Read more...] about Last Word
Around the StateNovember 2019
Fall Economic Forum Shows Positive Growth According to a “Regional Intelligence Report” by Dr. Christopher Thornberg of Beacon Economics, Nevada’s population growth has significantly outpaced the nation. Thornberg’s findings were presented at Bank of Nevada’s recent Fall Economic Forum. The report noted that the Southern Nevada economy has continued its expansion through … [Read more...] about Around the State
No, the Robots are Not Going to Take all Our Jobs
The robots are coming—and according to some experts, they’re here to take our jobs. Artificial intelligence and automation have made our world an increasingly futuristic wonder to behold. However, some “experts” still apparently worry such a future is a dystopian one—where robots, AI and automation will slowly phase out Americans workers, costing tens of millions of jobs in the … [Read more...] about No, the Robots are Not Going to Take all Our Jobs
Shane Jasmine Young
Founder and Counselor at Law, Young Law GroupType of Business: Law FirmBased In: Las Vegas, NVHails From: New York, NY Years Company Has Been in Nevada: 2Years with Company in Nevada: 2Employees with Company: 7 What was your first job? Working in the Automation Services Department at Pepperdine University. Who in your life has been instrumental to your success? … [Read more...] about Shane Jasmine Young
Commercial RE ReportIndustrial Summary: Third Quarter 2019
Northern Nevada By CBRE Reno Industrial market fundamentals remained solid during Q3 2019 as the vacancy rate remained under 6 percent for the 15th consecutive quarter. Tight market conditions have fueled speculative development in 2019 as construction activity reached its highest level since 2015, with 4.0 million sq. ft. under construction. Most of the current projects … [Read more...] about Commercial RE Report