In the COVID era of rising material costs and massive project delays, companies that use non-traditional building materials may have a leg up on the competition.
In Northern Nevada, Washoe County saw gaming revenues hit $88.4 million, an increase of 26.7 percent from June 2019. Reno casinos contributed $64.5 million to the total.
Rob Hooper reflects on his role as CEO of the NNDA the past 12 years, an era that saw grandiose economic development gains on the heels of the Great Recession.
This book is perfect for when life gets a little hairy, whether at home at your business, writes Terri Schlichenmeyer.
Desmond, a member in the firm’s Reno office, focuses his practice in the areas of commercial litigation and appellate work.
“We’re fortunate to be celebrating 35 successful years in business and we have our community to thank for that," says company owner Bill Miles.
Regional office brokers say the Northern Nevada office sector is nearing a semblance of normalcy, although some companies are still navigating the aftereffects of work from home trends.
The Mountain family, recent Vegas-to-Reno transplants, have established Slieve Brewing Company — Slieve means “A Mountain” in Irish Gaelic, a nod to their family roots.
The Carson Valley Medical Center foundation has started a campaign to raise almost $5 million for a new cancer center as part of CVMC's $40 million expansion project.
Winners of the Hugh Henne Investment Competition will be afforded the opportunity to compete in the annual Rotman International Trading Competition in Toronto.
Of Snell & Wilmer’s five Super Lawyers this year, two are based in Reno: William E. Peterson and Alexander L. Fugazzi.
Tap the link to listen to this week's Business Beat segment, produced in partnership with KUNR.
A dearth of multifamily deals has professional investors adjusting their strategies and pursuing different avenues to deploy investment funds and gain a foothold in the Reno-Sparks market.
The bulk of the current COVID-19 surge in Nevada remains concentrated in Clark County, though other counties have started to see recent case increases as well.
Mark your calendars and be High Sierra Industries' guest Saturday, October 9, 2021, from 10 a.m. – 2 p.m. at 555 Reactor Way in Reno.
From the July 2011 archives: "This month, gold cracked $1,600 an ounce, a run-up that is squeezing both jewelers and customers."
Elizabeth Fletcher and Cecilia Lee began practicing together in 2014 and launched the firm, formerly known as Lee High Ltd., in 2015.
Lewis Roca attorney Paul A. Matteoni a partner in the firm’s Litigation Practice Group, focuses on construction law and litigation, banking/regulatory matters, corporate disputes, and business litigation.
Summons
The sheer scope of Victory Logistics District, currently under construction in Fernley, is drawing interest from large national tenants that likely would create a “critical mass” once they begin planting their flags in Northern Nevada.
"Pent-up demand and a significant increase in savings will fuel accelerated growth in the second half of 2021."
In Reno-Sparks, even before the pandemic, finding enough qualified people to place into open jobs was an issue, said Celeste Johnson, CEO of The Applied Companies.
“From a seller’s perspective, it is imperative that the buyer invests a significant amount of capital into the transaction.”
As part of the acquisition, the name of the airport has been changed to "SAMSARG Field,” named after SAMSARG, Inc., one of the opportunity zone fund’s aviation-focused investments.
Rob Stepper, pictured, comes on as Director of Process Engineering, with Sasha Meyer as Director of Mining and Kori Breschini as Director of Supply Chain Management.
While big box developers can seemingly do no wrong these days in Northern Nevada, new space for smaller light and flex users has been somewhat of a neglected product class throughout this latest extended round of boom development, industrial developers and brokers say.
"It was no-brainer for both of us" — this spring, Reno-based Lead Dog Brewing Company was acquired by Mammoth Brewing Company; the two brands will remain “unique and distinct” moving forward.
The project will offer a mix of 1- to 5-bedroom apartments and nearly 2,400 square feet of retail space; completion is slated for fall 2023.
On average, Nevada CEOs at S&P 500 companies made $15.9 million in total compensation in 2020, down from $17.2 million in 2019, according to the AFL-CIO.
Among those hired at The Club at ArrowCreek is Breanna Gard, formerly of Caesars Entertainment, as human resources manager.
Goodenow, Parsons Behle & Latimer's Reno managing shareholder, has repeatedly been recognized by the annual Mountain States Super Lawyers publication.
"The older half of the Baby Boomer generation is selling, and the younger half of the Baby Boomer generation is buying. It’s very interesting.”
Delivery issues with the new cards and at-times conflicting messages have left some claimants in Nevada frustrated and waiting for weeks for benefits.
Supplies will be delivered to Communities In Schools of Western Nevada for its Fill the Bus School Supplies Drive.
Ward joins Sierra Nevada Properties with a background in medical administration and marketing.
Kuo will be only the third individual to hold the position since the Reno Chamber Orchestra’s founding in 1974.
“The processing times on submitted a 504 loan used to be in the neighborhood of three to five days. Now, it’s 20 working days because their volume is so backlogged."
State Extended Benefits is currently the smallest of four major unemployment programs serving Nevadans.
“With John Ascuaga’s recent passing, we felt it would be a fitting tribute to follow his tradition of contributing to education in the community."
Wickstrom spent the last three years in corporate communications with a global cattle genetics company.
Heimerdinger's focus at Keystone CPAs is on taxation for individuals, partnerships, corporations and trusts.
Commissioners framed the decision as a way to buy time as health officials work to boost low vaccination rates across the greater Las Vegas area.
As the pandemic lingers, financial institutions are navigating plenty of challenges throughout the rest of 2021 — from low interest rates impacting profitability to the surge of deposits putting balance sheets off-kilter, Northern Nevada banks are not simply swimming in money like Scrooge McDuck.
"Free to those interested, Helix University seeks to provide training resources and advanced opportunities to increase an employee’s skills and knowledge."
From the archives: The need to create better channels to link entrepreneurs to investors has been identified as a priority by the Regional “Jobs Team,” a year-long initiative led by Washoe County Commissioner Kitty Jung.
Tap the link to listen to this week's Business Beat segment, produced in partnership with KUNR.
Freedman grew up in Northern Nevada, graduating from Wooster High School in Reno and the University of Nevada, Reno.
Lynch, who previously earned the CCIM designation, has closed over $116 million in transaction volume since beginning at SVN | Gold Dust Commercial Associates in 2013.
Name change
Lien sale
Demand for fresh local food is one of the reasons farmers markets have grown in both popularity and size in recent years — thanks in part to the the pandemic, demand has skyrocketed this summer.
If 2020 and now 2021 have taught us anything, it’s that mortality is inevitable. And that has put a spotlight on the need for Northern Nevada adults, young and old, to get estate plans in order.
The initial Innovation Zones legislation pushed heavily by Storey County cryptocurrency company Blockchains Inc. was tabled after mixed reaction this spring.
The "Nevada 95-80 Regional Development Authority” joins Humboldt and Pershing County economic development efforts and the cities of Winnemucca and Lovelock at the state level.
"(Rob" has positioned NNDA for an excellent future, and we look forward to a seamless transition.”
The downtown Reno branch will be anchored by partner Stephen S. Kent, who joins Gordon & Rees from Kent Law.
No matter one's age, the pandemic accelerated the move to digital forms of all kinds of transactions — and that's been best for business for the flourishing fintech industry here in Reno and beyond.
"At the time, there was still a lot of uncertainty ... If you took the same survey now, I would speculate that the survey would have much more optimistic results," notes Rick Thomas, executive VP/Northern Nevada executive of Nevada State Bank.
Dallas-based Mohr Capital says it has another development property under contract in Fernley.
Altogether, the state added 15,400 jobs in June for a total employment of 1.336 million. That leaves 58,900 people still looking for work.
Schwenk was hired by UNR in July 2011 during a time when the School of Medicine was split between both ends of the state.
“Everyone is understaffed,” said Alibi Ale Works Manager Martin Cavada, who blamed the rental and housing market on Tahoe-Truckee for the lack of a local workforce.
Carson City's new law prohibits business licensure of cannabis consumption lounges and prohibits consumption of cannabis in public places.
“Many mourn his recent passing, yet his time on Earth was well lived. I can't think of anyone who has had a bigger role in the history of Sparks.”
The Vegas resort, long opposed to online gaming legalization, said it is now looking to become a “strategic investor” that is primarily focused on the business-to-business space.
De Andrade succeeds Mark Funke, DDS, of Carson City, who will continue as a member of NDA’s executive committee.
Sturge is a Reno native who served as an intern in the real estate industry out of college and married into a family of Realtors.
For the first time since Carson Tahoe Health acquired Sierra Surgery in 2015, staff and patients no longer have to walk several minutes to get from one building to the other.
Wyld Market, which works under the umbrella of business community group Wandering Wyld, is expected to open in a 3,000 sq. ft. retail space next spring.
Carson City Joe’s is Joe France 17th restaurant, having previously owned Virginia City Joe’s located beside the famous Bucket of Blood.
There are now 16 Golden Gate Petroleum locations in Northern Nevada, beginning from Sparks and Carson City and heading east toward Winnemucca, Elko and Wells.
As CEO of the distributor of aftermarket imaging supplies, Bazan will also maintain oversight of OTS’s two business units, SuppliesOutlet.com and SuppliesWholesalers.
"I think we are at the point where we’re starting to really be able to differentiate between some of the changes that were temporary and some of the changes that are permanent given the pandemic."
From the archives: Pay increases for Northern Nevada workers are creeping back toward pre-recession levels, and raises for management and professional workers are leading the way.
Tap the link to listen to this week's Business Beat segment, produced in partnership with KUNR.
Foger has served as the division’s Ombudsman for Common Interest Communities since February 2017.
Grants under the federal Agriculture Innovation Center Program may be used to help rural businesses develop and market value-added agricultural projects.
The $254,544 grant by way of the Governor’s Office of Economic Development went toward the FISH Revitalization project in Carson City.
Notice to Creditors
Notice to Creditors
AUTO lien sale
“We turn down business every day because we can’t accommodate it, because of lack of staff,” says Jayme Watts, co-owner of Sassafras Eclectic Food Joint in Carson City.
“Simply put, this was the largest small business program in Nevada history," the governor said Monday.
The value of the transaction, first announced this spring and officially closed July 1, was roughly $23.4 million.
“Various agencies and nonprofits are making sure Carsonites and our visitors will find a robust arts scene this summer along with other signature events.”
“We are committed to the preservation and promotion of the hemp industry in Nevada,” NDA Plant Industry Division Administrator Ashley Jeppson said.
Nicole Shearer joins KPS3 as public relations director while Reggie Stevens was brought on as web developer.
Whitney Peak Hotel has 30% to 40% fewer employees than it did pre-pandemic; to fill the labor gap, the hotel's managers and other staff are taking on extra tasks, including some housekeeping duties.
The 39,855-square-foot property sits on 1.98 acres on East Grove Street; its 71 units are split among seven buildings.
“We are looking forward to joining the CORFAC network this year,” said Scott Shanks, principal of Dickson Commercial Group.
The selection makes the Nevada Builders Alliance CEO the first private sector member and president of the commission.
The commission acts in an advisory capacity to the Nevada Real Estate Division, adopts regulations and conducts disciplinary hearings.
The median home price across greater Reno-Sparks was a record-high $530,000 in June; Sparks, meanwhile, also set a new record at $481,750.
“It's been a long journey from where we started, really, in the 2013 session and then launching dispensaries, so it's really nice to see how the industry has matured,” said Assemblyman Steve Yeager about the Silver State's cannabis industry.
In a new report, the left-leaning Economic Policy Institute is calling for setting minimum federal standards to replace wildly divergent levels of unemployment benefits from state to state.
Monthly applications for the Reno Ice scholarship program will be accepted and reviewed with the support of SCHEELS in Sparks.
Nalder is the regional manager of Anytime Fitness and a 1994 graduate of Douglas High School.
Ross, who entered the real estate industry in 2015, previously held roles at Keller Williams and Chase International.
"I think the biggest opportunity for our city is showcasing our region’s quality of life and access to the outdoors."
The new name comes after Bally's Corporation announced in April it had completed the previously announced acquisition of the property from Caesars Entertainment.
Nevada’s GDP grew by 10.9 percent during the first three months of 2021, outpacing second place Utah (9.2 percent) and the national average (6.4 percent).
“I am grateful to return to my hometown and am extremely excited and honored to be a part of the Colliers Reno family,” Tuntland sais.
The firm launched by Amanda Long will focus on assisting businesses with marketing, email campaigns, storytelling and other digital efforts.
Jayleen Chen, MD, joins Thrive as a Pediatric and Adolescent Psychiatrist; and Ley, MD, MBA, joins as a Psychiatrist.
At Nevada Physical Therapy, bar tables, video games and pinball machines have been replaced by exam benches, free weights and elliptical machines thanks to a nearly $1.4 million investment in the Midtown building.
“Make sure you have a fresh set of eyes look at your personal property declaration to ensure you are not overpaying your tax.”
From the archives: Fernando Leal’s active sports venue — CommRow, the old Fitzgerald’s — is less than two months away from opening, and his team is beginning to provide the first hints at its marketing approach.
Tap the link to listen to this week's Business Beat segment, produced in partnership with KUNR.
The Northern Nevada Development Authority also announced last month the promotion of Amy Miller to Director of Business Development.
Reno-based carbon tracking company Ledger8760 will collect live energy and emissions data from all public facilities in Reno and Washoe County, as well as certain state facilities across Nevada.
Over a decade ago, while the Reno+Sparks Chamber of Commerce and Northern Nevada Chamber of Commerce both wanted to grow business in the region and push the recession-riddled economy forward, they were “philosophically very different."
Last month, Stewart Title announced the combination of its two Northern Nevada divisions — Western Division and Legacy Division — into one unified team.
Now in its 14th year, the NCET Tech Awards celebrate those who have greatly enhanced the growth and prestige of the technology community.
“One in five jobs are supported by international trade in our state. STEP funding opens many doors for small businesses in Nevada to the global marketplace," Gov. Steve Sisolak said.
Simpkins joined Nevada Industry Excellence in 2019 and has served as interim director for NVIE since January 2021.
Yochum is currently energy program manager for the Nevada Governor’s Office of Energy.
Panelists are expected to discuss how Northern Nevada’s booming population growth both pre- and post-pandemic — in part due to the continuing California exodus — is putting pressure on the industry.
On June 15, ITS Logistics announced that it has sold to GHK Capital Partners LP, a Greenwich, Connecticut-based private equity firm focused on making control investments within the industrials sector.
"All of this is part of our larger goal of placemaking in Downtown Reno. This is just the beginning. There’s so much more to come."
“We have 5 percent unemployment (in Carson City), but it doesn’t feel like five percent unemployment used to, in part because we’ve just gone through a big pandemic," said David Schmidt, chief economist at DETR.
Renown Health's Tony Slonim was recently selected as one of 50 esteemed honorees in Modern Healthcare’s 2021 “Most Influential Clinical Executives.”
The Reno Seed Fund and FundNV recently announced a $150,000 pre-seed co-investment in Reno startup Hibear.
May marks three consecutive months of win over $1 billion. The last time that happened was December 2019 through February 2020 — just before the pandemic hit.
In Northern Nevada, the Tahoe community of Incline Village has for years featured a thriving short-term rental market — and with that, increasing tension between long-term residents and homeowners versus tourists and industry backers.
Hungry Hearts donates 10% of its proceeds to local community nonprofit organizations serving children.
Walk into Out of My Mindesigns on a Saturday morning, and the Carson City store is "hemming" with energy — it’s a sharp contrast to last year, during the height of the pandemic.
Exports in 2020 were affected by trade conflict and the COVID-19 pandemic, according to the state, but recent record revenues indicate a strong rebound in global food and agriculture trade.
Dion, of Matt Dion & Associates, is a member of the Nevada Justice Association, the Clark County Bar Association and the Washoe County Bar Association.
While planning and financing is still in the works, construction on farm in rural Pershing County could begin late this year or early next year.
“We want to avoid the disruptions caused by climate change and prepare businesses that need reliable and affordable energy to successfully operate and grow.”
The grant is designed to support out-of-school time programs and will allow J4NG, headed by Dr. René Cantú (pictured) to connect more youth to apprenticeships, certificate programs, internships employment, job training and post-secondary training.
If your office is filling up again and your staff is now returning, this book might be a great way to ease back into the swing of things.
Prior to joining Visit Carson City, Soule was a cultural planning consultant working with several cities and municipalities in Ontario, Canada.
City National Bank last week announced a donation of $10,000 to the Nevada Museum of Art to support its STEAM programs.
