LAS VEGAS – The Nevada Bankers Association is joining other local business organizations in pushing for a more simplified and streamlined process to help small businesses comply with the loan forgiveness requirements of the Paycheck Protection Program (PPP). The NBA is part of a statewide group that includes the Vegas Chamber of Commerce, Reno Sparks Chamber of Commerce, … [Read more...] about Nevada Bankers Association Joins Local Business Groups in Pushing for “EZ Form” to Help Small Businesses Comply With Paycheck Protection Program
COVID-19
Wet’n’Wild Las Vegas Opens for Summer Season on June 22
LAS VEGAS – Following Nevada Gov. Steve Sisolak’s recent announcement of Phase 2 of the state’s “Road to Recovery” plan, Wet’n’Wild Las Vegas plans to open for its 2020 summer season on June 22. “We’re excited to finally be able to open the park, while doing all we can to ensure the health, safety and enjoyment of our guests and employees,” said Justin LuCore, Wet’n’Wild … [Read more...] about Wet’n’Wild Las Vegas Opens for Summer Season on June 22
Southern Nevada Home Prices Holding Their Ground During Crisis
LAS VEGAS – A report released Monday by Las Vegas REALTORS® (LVR) shows local home prices holding their ground amid the coronavirus pandemic and economic downturn, though fewer homes are selling. LVR (formerly known as the Greater Las Vegas Association of REALTORS®) reported that the median price of existing single-family homes sold in Southern Nevada through its … [Read more...] about Southern Nevada Home Prices Holding Their Ground During Crisis
Move 4 Less Owners to Pay for Moves to 4 Families Affected by COVID-19 — Applications for Moving Our Community Program Due June 15, 2020 —
The COVID-19 virus has triggered economic hardship throughout the Las Vegas community with many people struggling to pay their mortgage or rent. To help ease their burden, Move 4 Less has created the Moving Our Community program where the company owners will pay for moving services for four (4) local families who have to move from their current residence due to … [Read more...] about Move 4 Less Owners to Pay for Moves to 4 Families Affected by COVID-19 — Applications for Moving Our Community Program Due June 15, 2020 —
Q&D Construction Embraces “New Normal” of Operations Amidst COVID-19 Pandemic
Amidst a shifting paradigm of everyday work culture in Northern Nevada, Q&D Construction – a locally-owned and operated construction company – is embracing their own operational “new normal” within their worksites, project offices and in their main office. For Q&D, a “new normal” means dealing with tightened budgets and smaller projects, as well as its working … [Read more...] about Q&D Construction Embraces “New Normal” of Operations Amidst COVID-19 Pandemic
Colliers International | Las Vegas Implements New Procedures to Safeguard Health of Team Members and Clients
LAS VEGAS – Colliers International | Las Vegas announced new protocols and procedures designed to enhance the well-being of its team members who choose to return to the office setting as COVID-19 restrictions begin to lift. Throughout the COVID-19 response, brokers and team members at Colliers International | Las Vegas continued to provide quality remote services to … [Read more...] about Colliers International | Las Vegas Implements New Procedures to Safeguard Health of Team Members and Clients
The Erosion of Freedom
“They that can give up essential liberty to purchase a little temporary safety, deserve neither liberty nor safety” Benjamin Franklin Our founding fathers would be stunned if they could see how far our nation has drifted from its original charter. While many of the changes have seeped into our lives over a period of years, the pandemic has caused an escalation in government … [Read more...] about The Erosion of Freedom
Lights Out, Doors LockedNevada’s Tourism Industry Rides Out the Coronavirus Pandemic
Early morning on March 17, Nevada casinos locked their doors. Sandra Morgan, Nevada Gaming Control Board chair, has lived in Nevada since she was a year old. She grew up around the tourism industry. “My mother worked in the hospitality industry,” she explained. “When you think about the closure, and the fact they never had to lock the doors because the doors were … [Read more...] about Lights Out, Doors Locked
Industry FocusArts & Culture
An industry that depends upon having an audience, arts and culture organizations have been hit particularly hard by the community effects of the COVID-19 pandemic. Fortunately, those in this industry are known for their creativity and are already finding ways to adapt and continue to serve Nevadans. Recently, arts and culture executives came together for a virtual roundtable … [Read more...] about Industry Focus
Nevada’s Title IndustryOn the Sidelines
Ask Robert Ray how Nevada’s title industry from a commercial real estate perspective is doing amid the coronavirus pandemic, and you’ll get a mixed response. In the title business for 25 years, and senior vice president, manager of Fidelity National Title Group in Las Vegas, Ray is anxious to see how the industry recovers as businesses begin to reopen and employees begin … [Read more...] about Nevada’s Title Industry
Around the StateJune 2020
Las Vegas Home Sales Dropping, Prices Hold Steady According to a report released by the Las Vegas Realtors (LVR), statistics in April show home sales dropping, but prices holding relatively steady. The median price of existing homes in southern Nevada was $310,000, up 3.3 percent from 2019. LVR reported 1,190 canceled sales contracts in April, down from 1,335 in April 2019. … [Read more...] about Around the State
Commercial RE ReportOffice Summary: First Quarter 2020
Northern Nevada By Colliers Reno The Reno/Sparks office market got off to a slow start in the first quarter of 2020, and unfortunately must expect weaker performance as we deal with Nevada business closures. Reno/Sparks office vacancy increased to 10 percent, a 0.2 point increase from one quarter ago, but a 2.4-point decrease from one year ago. Net absorption was negative … [Read more...] about Commercial RE Report
Business IndicatorsJune 2020
The “advance” estimate of U.S. real gross domestic product (GDP) for the first quarter of 2020 fell by 4.8 percent at an annual rate, the steepest drop since 2008 Q4. The sharp decline reflected the nearly stalled economy due to the COVID-19 pandemic that started in mid-March as state governments issued stay-at-home orders. U.S. nonfarm employment experienced a record … [Read more...] about Business Indicators
REMSA CEO Asked to Advise the Nevada Gaming Control Board on Reopening of the State’s Casinos
(Reno, Nev.) – The Nevada Gaming Control Board recently conducted a workshop meeting to determine the logistics of successfully reopening the casino industry in the state. To help with this decision they inquired from six health and safety experts, including Dean Dow, president and CEO of the Regional Emergency Medical Services Authority (REMSA) in Washoe County. … [Read more...] about REMSA CEO Asked to Advise the Nevada Gaming Control Board on Reopening of the State’s Casinos
Excess Waste Collection Resumes in Northern Nevada June 1
Starting June 1, Waste Management crews in Northern Nevada will resume collection of stickered excess waste placed outside of the cart under normal program restrictions. Customers in the City of Sparks and in Unincorporated Washoe County may leave six additional excess waste bags curbside without a sticker on their collection day throughout the month of June. … [Read more...] about Excess Waste Collection Resumes in Northern Nevada June 1