Professionals working in Nevada’s commercial real estate industry are being challenged on all sides. While many of these challenges are not necessarily new, others are projected to impact the industry long-term. Technology is changing the way business is done by creating more efficiencies. While this is surely positive news for an industry that is often encumbered by lengthy … [Read more...] about Industry Focus
Jeff Jacobs
Industry FocusBrokers
Political uncertainty, limited inventory and land, and extensive red tape are only some of the challenges facing the commercial real estate industry. Added to that is the looming concern of brokers becoming obsolete due to AI and an upcoming workforce that demands higher salaries without showing up to the office. The commercial real estate industry has never been a career for … [Read more...] about Industry Focus
Everything’s Waiting for YouWandering Around Nevada’s Downtowns
A railroad. A river. A watering hole in the desert. The one place for commerce in a nascent city. The origin of Nevada downtowns is as varied as its cities that sprang up because of mining, or a railroad, or a river. Industries in downtowns build out from the core, expanding into new areas of city. Similar businesses follow, suppliers locate nearby, residents … [Read more...] about Everything’s Waiting for You
Industry FocusBrokers
There are plenty of unknowns when it comes to the future of commercial real estate in Nevada. From fluctuating interest rates, to ever changing markets, brokers are focused on staying on top of the shifting sand. Recently, a group of brokers met at a roundtable sponsored by City National Bank and held in Las Vegas to discuss the status of commercial real estate in Nevada and … [Read more...] about Industry Focus
Industry FocusBrokers
Commercial real estate (CRE) has seen many interesting shifts in recent years. From reduced office usage to rising industrial rates, brokers have had to become quick to adapt to changing market conditions. Recently, brokerage executives met to discuss their industry and the outlook for CRE in Nevada. Shannon Scholten-Adams, vice president of Nevada Business Magazine, served … [Read more...] about Industry Focus
Industry FocusCommercial Brokers
Two years into the pandemic, the commercial real estate (CRE) industry has undergone several changes and leaders in the field are learning that flexibility is key. Although, each submarket was affected differently by COVID the outlook from leaders is positive. Recently, executives representing CRE in Nevada met virtually in a roundtable, sponsored by City National Bank, to … [Read more...] about Industry Focus