Nevada State Bank (NSB), the largest state-chartered bank in Nevada, has grown along with the state for nearly 55 years, succeeding despite the economic challenges that managed to defeat many other financial institutions. Today, it operates 50 branches in 20 communities across the state, and has over $4 billion in assets. Beginnings: 1959-1979 In the late 1950s, a group of 12 … [Read more...] about Nevada State Bank: Established in 1959
Departments
Nevada Real Estate & Development Report: April 2014
E Sale, Retail ADDRESS 5050 E. Russell Rd., 89122 BUYER Wyandotte, Inc SELLER Kathleen & Adrian Varni Trust DETAILS 24,034 SF; $2,200,000 APN 161-28-401-011 BUYER’S REP Neil Dela Cruz of MDL Group SELLER’S REP Katherine Bergh of Marcus & Millichap Loan, Office ADDRESS 2575 E. Sahara Ave., 89104 BORROWER Reliable Auto Sales LENDER TMC Financing and Zions … [Read more...] about Nevada Real Estate & Development Report: April 2014
Retail Summary: Fourth Quarter 2013
Southern Nevada The Las Vegas retail vacancy rate fell below 10 percent or the first time since 2008 as it ended 2013 at 9.2 percent. The latest rate is down 0.2 percentage points from the prior quarter and represents a decline of 0.8 percentage points from the prior year. During the fourth quarter, the retail sector reported positive net absorption with 147,900 square feet … [Read more...] about Retail Summary: Fourth Quarter 2013
Business Indicators: April 2014
The “second” estimate for fourth quarter 2013 shows U.S. real gross domestic product increasing at an annualized rate of 2.4 percent, lower than the 3.2 percent growth first reported in the “advance” estimate. The revision consisted of a smaller increase in personal consumption expenditures from third to fourth quarter 2013. Non-residential fixed investment, net exports and … [Read more...] about Business Indicators: April 2014
What is your personal philosophy regarding working with people?
“To always be aware of what people say they want and need. Then work together with integrity and all parties will achieve the desired results.” Jane Anthony | Sales Executive, LP Insurance Services, Inc. - “My philosophy is to have immediate connectivity with your customers. Do anything to help them. Talk a little, listen a lot, then over-deliver on their expectations. … [Read more...] about What is your personal philosophy regarding working with people?
Nevada Real Estate & Development Report: March 2014
E Lease, Industrial ADDRESS 4935 Steptoe St. Ste 500, 89122 TENANT Charming Exhibition Inc. LANDLORD Lomas Regency LLC DETAILS 5,850 SF; $22,464 for one year REP (BOTH) Jarrad Katz, CCIM and Galit Kimerling of MDL Group H Project, Office ADDRESS 875 Warm Springs Rd., 89011 DETAILS Cadence, the 2,200-acre planned community in Henderson has begun construction on a … [Read more...] about Nevada Real Estate & Development Report: March 2014
Eric Dobberstein: Hamrick, Evans & Dobberstein
Nevada Managing Partner Las Vegas https://www.hamricklaw.com/ How did you first get into your profession? I have always had an interest in the law and individual rights. After I got to experience the thrill of doing trial work, I was hooked. If you had to choose another profession, what would it be? Why? It would be as a novelist. I would get to use my imagination … [Read more...] about Eric Dobberstein: Hamrick, Evans & Dobberstein
Karen Dallett: Friends of Black Rock – High Rock
Executive Director Gerlach https://blackrockdesert.org/ How did you first get into your profession? Conservation, wildlife, habitats, water, air and landscape quality have been the backdrop of my work throughout my lifetime. These are now front burner issues; the knob is on high. If you could stop time, what’s the one moment you’d want to relive over and over … [Read more...] about Karen Dallett: Friends of Black Rock – High Rock
Kevin Sullivan: Mutual of Omaha Bank
Reno Market President Reno https://www.mutualofomahabank.com/ How did you first get into your profession? Out of college, I was accepted into a Management Candidate program with First Interstate Bank. What do you like most about your industry? I enjoy the interaction and relationships with clients – helping them with their financial needs. It’s rewarding to see … [Read more...] about Kevin Sullivan: Mutual of Omaha Bank
Nevada Celebrates Her Sesquicentennial: 150 Years of Statehood
By executive order of Governor Brian Sandoval, the Nevada 150 Commission has planned a series of events, gatherings, exhibits and legacy projects to commemorate Nevada’s Sesquicentennial, a once-in-a-lifetime opportunity to showcase the unique contribution of Nevada’s rich culture and history. The yearlong celebration includes official community-based and signature Nevada 150 … [Read more...] about Nevada Celebrates Her Sesquicentennial: 150 Years of Statehood
March 2014: Around the State
Las Vegas Metro Chamber Joins the Board of the USTA The Las Vegas Metro Chamber has become the first metropolitan chamber of commerce in the nation to join the board of the United States Travel Association (USTA). The move signals the increased involvement of the chamber in travel and tourism. The USTA engages in a range of policy issues from visa reform, immigration and … [Read more...] about March 2014: Around the State
Dermody Properties
When businessman John Dermody accepted the Nevada franchise for the Philco Appliance Company and relocated his family to Reno in 1950, little did anyone suspect that this move would be the catalyst that created a successful industrial development company, Dermody Properties. Appliances after World War II were like cell phones are today… consumers couldn’t get enough of them. … [Read more...] about Dermody Properties
How Healthy is Nevada?
Here’s the bad news. When it comes to overall health, Nevada ranks in the lower half among all 50 states. That’s according to the 24th annual America’s Health Rankings from United Health Foundation. The report, the longest running of its kind in the country, placed Nevada No. 37 among all 50 states for overall heath, which is the same ranking the state received last year. … [Read more...] about How Healthy is Nevada?
Why Government Shouldn’t Pick Winners and Losers: City Council Considering Plan to Subsidize Private Arena Developer
Imagine watching an NBA game. With the Los Angeles Lakers leading the Boston Celtics 95 to 82 in the fourth quarter, the referees stop the game and award the Celtics 15 of the Lakers’ points and make the score 97 to 80 with the Celtics now leading. That would be outrageous and unjust, wouldn’t it? The Lakers earned their points, and it would be wrong for the … [Read more...] about Why Government Shouldn’t Pick Winners and Losers: City Council Considering Plan to Subsidize Private Arena Developer
Office Summary: Fourth Quarter 2013
Southern Nevada The Las Vegas office sector ended 2013 on a somewhat positive note as it reported positive net absorption for the third consecutive quarter. While the vacancy rate remains elevated, the latest period represents a decline of 0.2 percentage points compared to the prior quarter. Compared to a year ago, the rate is down 0.3 percentage points. During the quarter, … [Read more...] about Office Summary: Fourth Quarter 2013