An industry that saw major changes and new regulations after the recession hit, banking has endured a host of ups and downs. Currently in an upswing, the industry is cautious and working toward smart growth. Recently, banking executives met at the Las Vegas offices of City National Bank to discuss banking and talk about some of the changes they’re seeing. Connie Brennan, … [Read more...] about Industry Focus: Bankers
Nevada business
Thirteenth Annual Healthcare Heroes
LEGACY The first and longest running program of its kind in Nevada, Healthcare Heroes was born in 2006 with 10 categories and a seemingly endless supply of nominees. Since the beginning, Healthcare Heroes has been a catalyst to help grow healthcare in the Silver State. Taking the idea of contributing to healthcare a step further, the Healthcare Heroes scholarship … [Read more...] about Thirteenth Annual Healthcare Heroes
Commercial Property Management: Changing and Adapting with Nevada’s Economy
All three commercial real estate sectors – industrial, retail and office – are growing in Nevada, though at different speeds by sector and geography. Industrial is driving the growth, office is still lagging but beginning to grow and retail is returning as the economy continues to recover. Commercial real estate sectors might be experiencing growth, but investors, businesses … [Read more...] about Commercial Property Management: Changing and Adapting with Nevada’s Economy
Movers and Shakers: Mary Thompson
President Capstone Brokerage (21 years in Nevada) Type of Business: Risk Management/Insurance | Hails from: Buffalo, New York | 14 years with company in Nevada | Based in: Las Vegas, NV How did you first get into your profession? I obtained my first insurance job through an employment agency. What is your pet peeve? Blame and defending one’s mistakes. What do … [Read more...] about Movers and Shakers: Mary Thompson
Welcome to Nevada: September 2018
BBSI New to Las Vegas, BBSI is a business management solution company that was founded in 1951. The company opened its first Southern Nevada office last month and has a total of 58 physical offices. BBSI helps companies deal with payroll, employee benefits, workers’ compensation and compliance issues, among others. The new branch is located in Summerlin. Bently … [Read more...] about Welcome to Nevada: September 2018
Around the State: September 2018
Back-to-School Spending Expected to Exceed $369 Million in Nevada According to the Retail Association of Nevada (RAN), back-to-school shoppers are expected to spend over $369 million on new clothes, backpacks and school supplies to gear up for the new academic year. With the school year starting last month in most Nevada schools, back-to-school shopping is second only to … [Read more...] about Around the State: September 2018
Question 3 Nevada: A Nevada Constitutional Amendment on Energy
One of the questions on this November’s ballot, Question 3, will address energy in Nevada. A proposed constitutional amendment, the question must be approved in two consecutive election years. Having passed in 2016, this is the second time it’s appeared on the ballot. The question reads: “Shall Article 1 of the Nevada Constitution be amended to require the Legislature to … [Read more...] about Question 3 Nevada: A Nevada Constitutional Amendment on Energy
America’s ‘Socialist’ Generation Is More Capitalist Than It Thinks
Kids today ruin everything. Socialism, for example, just isn’t what it used to be. Of course, that’s not necessarily a bad thing. In fact, for advocates of the free market system, the evolving understanding of what it means to be a “socialist” in modern America isn’t nearly as dire as it sounds. The newly empowered generation of young Americans — millennials certainly … [Read more...] about America’s ‘Socialist’ Generation Is More Capitalist Than It Thinks
Office Summary Second Quarter 2018
Northern Nevada By Colliers Reno The Northern Nevada office market pulled ahead this quarter and 2018 is setting up to be a productive year. The market posted an increase in positive absorption to 63,786 square feet and the vacancy rate decreased to 11.7 percent from the 12.3 percent recorded in the first quarter of 2018. Office activity has been strong in the Reno market … [Read more...] about Office Summary Second Quarter 2018
Red Report: September 2018
E Sale, Retail Address 1935 N. Hollywood Blvd., 89156 Buyer TNG Investors Seller Palmer Company-Vacaville Details 7,360 SF; $2.3 million APN 140-22-715-006 Buyer Rep Phillip Dunning, CCIM of Colliers International Seller Rep Brian Fike of Colliers International Sale, Industrial Address 4460 E. Cheyenne Ave., 89115 Buyer Top Street Estate, Ben Hajdun Seller William … [Read more...] about Red Report: September 2018
Business Indicators: September 2018
The “advance” estimate for U.S. real gross domestic product (GDP) for the second quarter of 2018 expanded by a strong 4.1 percent annualized rate, the fastest pace in almost four years. Consumer spending, which accounts for two-thirds of real GDP, also grew strongly, which probably reflected somewhat the tax cut. U.S. nonfarm employment added a lower-than-expected 157,000 jobs … [Read more...] about Business Indicators: September 2018
Do You Think Nevada Is Still a Tax Friendly State?
“Absolutely! Living in Nevada with no state income tax is a big deal. Especially for Californians who are sick and tired of paying considerably more income tax on their hard earned income.” Mike Mixer, Executive Managing Director | Las Vegas, Colliers International “Nevada is certainly still a tax friendly state, especially as compared to states like California where we moved … [Read more...] about Do You Think Nevada Is Still a Tax Friendly State?
“Getting Dirty for a Cause,” NAIOP Southern Nevada’s Community Project with St. Jude’s Ranch for Children Receives Sizable Donations from Colliers International and Martin-Harris Construction
LAS VEGAS – NAIOP Southern Nevada’s community project “Getting Dirty for a Cause” has received sizable donations for their project with St. Jude’s Ranch for Children in renovating four cottages at its Boulder City campus. Colliers International-Las Vegas’ charitable arm Links for Life donated $20,000 and Martin-Harris Construction donated $5,000. The project will be divided … [Read more...] about “Getting Dirty for a Cause,” NAIOP Southern Nevada’s Community Project with St. Jude’s Ranch for Children Receives Sizable Donations from Colliers International and Martin-Harris Construction
Cber Business Survey the Focus of Henderson Chamber Breakfast
Networking event to focus on the economic outlook for Southern Nevada HENDERSON – The Henderson Chamber of Commerce will host its monthly networking breakfast, “End of Year Economic Update,” presented by Dr. Stephen Miller, the director of the UNLV Center of Business and Economic Research (CBER), from 7 to 9 a.m. Tuesday, Sept. 11, at Sunset Station, 1301 W. Sunset Road in … [Read more...] about Cber Business Survey the Focus of Henderson Chamber Breakfast
Northcap Commercial Multifamily Arranges Sale of Desert Manor for $11,525,000
Devin Lee, CCIM, Robin Willett, Jerad Roberts, and Jason Dittenber, of Northcap Commercial Multifamily, are pleased to announce the recent sale of Desert Manor, a mixed-use investment located on an entire city block for $11,525,000. This sale consisted of 191 multifamily units; 6,364 square feet of retail space; and .89 acres of land built in 1979, located at 629 S. Main Street … [Read more...] about Northcap Commercial Multifamily Arranges Sale of Desert Manor for $11,525,000