As Nevada businesses work to adjust to a rapidly changed world, executives in commercial brokerage see a multitude of changes to their industry. From tenant and landlord to bankers, brokers are involved in nearly every aspect of the commercial real estate industry and are working to advise their clients moving forward in a post-COVID world. Recently, brokerage executives … [Read more...] about Industry Focus
COVID-19
Supply & DemandNevada’s Industrial Market
The demand for industrial space has been extraordinarily strong in Nevada throughout this economic expansion and is expected to stay consistent throughout the rest of this year and into 2021, according to real estate professionals throughout the state. Originally, a decline in demand was expected due to the country’s trade war with China, but with trade tensions easing that … [Read more...] about Supply & Demand
The Decision to ‘Re-Open’ the Economy Shouldn’t be Government’s to Make
Destroying the financial hopes and dreams of thousands of Nevadans should have never been seen as the only way to combat a pandemic. And given the depth of the financial harm this shutdown has caused, getting people back to earning a living should, at this point, be considered equally as important as containing the spread of the virus. After all, the cost of the shutdown … [Read more...] about The Decision to ‘Re-Open’ the Economy Shouldn’t be Government’s to Make
Commercial RE ReportIndustrial Summary: First Quarter 2020
Northern Nevada By CBRE Reno Strict stay-at-home orders due to the COVID-19 pandemic are leading the U.S. economy into a recession with a very sharp GDP decline in for Q1 2020. However, the unique nature of this downturn could result in an unusually swift economic recovery that may begin as early as Q3 2020. Prior to the pandemic, the Reno industrial market began to … [Read more...] about Commercial RE Report
Business IndicatorsMay 2020
The “third” estimate of U.S. real gross domestic product (GDP) for the fourth quarter of 2019 rose at an annual rate of 2.1 percent. U.S. nonfarm employment lost 701,000 jobs in March with a notable decline of 459,000 jobs in the leisure and hospitality sector. Since these figures are based on the first two weeks of March, they only reflected the early effects of the … [Read more...] about Business Indicators
Nevada State College Makes 3D Printed Face Masks for Valley Healthcare Workers
To help the Southern Nevada community during the COVID-19 pandemic, faculty members at Nevada State College have teamed together to donate needed items to several organizations including 3D printed face masks, personal protective equipment (PPE), viral transport mediums and fresh vegetables grown at the campus garden. The Mathematics Department at Nevada State College is … [Read more...] about Nevada State College Makes 3D Printed Face Masks for Valley Healthcare Workers
Nevada Partnership for Homeless Youth Announces Virtual Volunteer Opportunities to Assist Vulnerable Youth During Pandemic — Program Kicked Off as Part of Recent National Volunteer Week —
With thousands of young people experiencing homelessness in Clark County, Nevada Partnership for Homeless Youth (NPHY)’s doors have remained open, providing immediate needs items, shelter, housing, case management, therapy, and more to youth in need of support. The COVID-19 pandemic is impacting service delivery to these most vulnerable community members; and now, more than … [Read more...] about Nevada Partnership for Homeless Youth Announces Virtual Volunteer Opportunities to Assist Vulnerable Youth During Pandemic — Program Kicked Off as Part of Recent National Volunteer Week —
Farmers Insurance® Donates $1,500 to Nonprofit, Project Marilyn, for COVID-19 Response Efforts
As communities across the country continue to face unprecedented circumstances in the wake of the COVID-19 pandemic, Farmers Insurance® granted a $1500 donation to Project Marilyn, a non-profit located in southern Nevada to aid in relief efforts directly related to the current crisis. Project Marilyn provides monthly feminine hygiene products to homeless women and … [Read more...] about Farmers Insurance® Donates $1,500 to Nonprofit, Project Marilyn, for COVID-19 Response Efforts
Divine Events Delivers to Essential Workers
{Local, Woman-Owned Business offers delivery meal service to front line heroes provided by sponsorship from local real estate group} Picerne Real Estate Group is doing their part to support a local small business as well as provide to healthcare workers on the front lines during the COVID-19 pandemic by sponsoring meal deliveries to local hospitals. Deliveries … [Read more...] about Divine Events Delivers to Essential Workers
Table 34 Reopens to Diners for Contactless Pickup
{Lunch, dinner and custom grill packs available through curbside service} Table 34 has reopened and is now offering its menu of New American cuisine for contactless curbside pickup service. Laurie Kendrick and her brother, Executive Chef Wes Kendrick, are excited to be serving the community again. “Our staff has taken time to social distance, and we have … [Read more...] about Table 34 Reopens to Diners for Contactless Pickup
Nevada Rural Housing Authority Announces COVID-19 Emergency Assistance Program
Carson City, Nev. – Nevada Rural Housing Authority (NRHA) has announced its COVID-19 Emergency Assistance Program, which provides one-time funding to rural Nevada residents experiencing financial hardship due to the COVID-19 pandemic. The program provides financial assistance to qualifying individuals who are falling behind on their rent, mortgage or utilities. The Program also … [Read more...] about Nevada Rural Housing Authority Announces COVID-19 Emergency Assistance Program
Colliers International | Las Vegas Releases Q1 Market Research Report
LAS VEGAS – It was all going so well. January and February numbers pointed to a continued strong economy in Southern Nevada, and most commercial real estate measures were positive as well. Then came March and the business closures due to the COVID-19 pandemic. These measures will definitely have a negative impact on the national and local economies. For this reason, we are in … [Read more...] about Colliers International | Las Vegas Releases Q1 Market Research Report
Community Invited to Learn More About COVID-19 Impacts on Cancer Patients and Treatment
The American Cancer Society is proud to host a conversation with Dr. Rupesh J. Parikh and Dr. Ovunc Bardakcioglu on Monday, April 27. The discussion will center around the impacts felt by local cancer patients and their caregivers during COVID-19. Amanda Klein, co-chair of the American Cancer Society Southern Nevada Leadership Board will moderate the … [Read more...] about Community Invited to Learn More About COVID-19 Impacts on Cancer Patients and Treatment
Roseman University Presents Neighborhood Health Series on April 28 on Topic, COVID-19; Pharmacy Faculty and Students Create Masks
Roseman University's Neighborhood Health Series announces a live special virtual Zoom with medical experts answering questions regarding COVID-19 on Tuesday, April 28, 5 to 6:30 pm. Sponsored by Clark County Credit Union, this virtual edition will answer guests questions about Coronavirus (COVID-19) and features medical experts: Tom Hunt, MD, Chair of the Department of Family … [Read more...] about Roseman University Presents Neighborhood Health Series on April 28 on Topic, COVID-19; Pharmacy Faculty and Students Create Masks
Nevada SCATS Unveils New COVID-19 Informational Video for Grocery Store Safety
LAS VEGAS, Nev. –To protect the health and safety of all Nevadans, the Safety Consultation and Training Section (SCATS) of the State of Nevada’s Division of Industrial Relations has unveiled a new informational video containing key resources, current regulations and important workplace safety details and regulations for grocery stores amidst the COVID-19 … [Read more...] about Nevada SCATS Unveils New COVID-19 Informational Video for Grocery Store Safety