vegasinc.com | february 28 - march 5, 2016
John Guedry is the new chairman of the executive committee at the Las Vegas Metro Chamber of Commerce. (l.e. baskow/staff)
‘We’re not recession-proof ’ Chamber board chairman: Leaders from business and education arenas must work together By Julie Ann Formoso | STAFF WRITER
John Guedry stared at the couple. He was just 24 years old, too young to have felt the heartache of losing a business or home. Yet he was about to take away the couple’s beloved farm in Stockton, Calif. The property had been in the family for three generations. ¶ At the time, Guedry worked for a lending company. It was the 1980s, and the U.S. economy guedry, Continued on page 15
$720M 3,000
Amount the U.S. Department of Agriculture and others will invest in 84 conservation projects nationwide. Two are in Nevada — one to protect sage grouse and one to reduce the effects of the drought on animals.
Jobs that could be created if 2050 Motors, an electric vehicle company based in North Las Vegas, expands.
2
VEGAS INC
FEB. 28 - MARCH 5
CONTENTS PUBLISHER Donn Jersey (donn.jersey@gmgvegas.com)
EDITORIAL
NOTEWORTHY STORIES
05 06 18 Q&A WITH INGRID REISMAN
The vice president and chief marketing officer at Las Vegas Monorail talks about the challenges and rewards of public transit in Southern Nevada, the importance of addressing education, water and mental health crises, and her acumen as a dog walker. THE NOTES People on the move, P4
MEET: REDEFY REAL ESTATE
Most real estate brokers charge a 3 percent fee to sell a home. Redefy, though, is trying to reshape sellers’ expectations of their brokers by charging a flat fee for their full service. TALKING POINTS Pools are a hot part of the Vegas experience but must continue to evolve, P7
DATA AND PUBLIC INFORMATION A listing of local bankruptcies, bid opportunities, brokered transactions, business licenses and building permits. MORE VEGAS INC BUSINESS NEWS Calendar: Happenings and events, P17 The List: Manufacturers, P22
EDITOR Delen Goldberg (delen.goldberg@gmgvegas.com) MANAGING EDITOR Dave Mondt (dave.mondt@gmgvegas.com) ASSISTANT MANAGING EDITOR/SPORTS AND DIGITAL Ray Brewer (ray.brewer@gmgvegas.com) STAFF WRITERS Kailyn Brown, Julie Ann Formoso, Chris Kudialis, Megan Messerly, J.D. Morris, Daniel Rothberg, Cy Ryan, Eli Segall, Ricardo Torres-Cortez, Jackie Valley, Ian Whitaker COPY DESK CHIEF John Taylor COPY EDITORS Jamie Gentner, Brian Sandford SPECIAL PUBLICATIONS EDITOR Craig Peterson EDITORIAL CARTOONIST Mike Smith LIBRARY SERVICES SPECIALIST Rebecca Clifford-Cruz RESEARCHER Julie Ann Formoso OFFICE COORDINATOR Nadine Guy
ART ASSOCIATE CREATIVE DIRECTOR Liz Brown (liz.brown@gmgvegas.com) DESIGNER LeeAnn Elias PHOTO COORDINATOR Mikayla Whitmore PHOTOGRAPHERS L.E. Baskow, Christopher DeVargas, Steve Marcus
ADVERTISING ASSOCIATE PUBLISHER OF ONLINE MEDIA Katie Horton GROUP DIRECTOR OF SALES OPERATIONS Stephanie Reviea PUBLICATION COORDINATOR Denise Arancibia DIRECTOR OF SPECIAL PUBLICATIONS Jeff Jacobs EXTERNAL CONTENT MANAGER Emma Cauthorn BUSINESS DEVELOPMENT SPECIALIST Sandra Segrest ACCOUNT MANAGERS Katie Harrison, Dawn Mangum, Breen Nolan, Sue Sran ADVERTISING MANAGERS Jim Braun, Brianna Eck, Frank Feder, Kelly Gajewski, Justin Gannon, Chelsea Smith, Tara Stella GREENSPUN MEDIA GROUP SALES ASSISTANT Steph Poli
MARKETING & EVENTS EVENT MANAGER Kristin Wilson DIGITAL MARKETING ASSOCIATE Jackie Apoyan
PRODUCTION VICE PRESIDENT OF MANUFACTURING Maria Blondeaux ASSISTANT PRODUCTION DIRECTOR Paul Huntsberry PRODUCTION MANAGER Blue Uyeda PRODUCTION ARTIST Marissa Maheras, Dara Ricci ART DIRECTOR Sean Rademacher GRAPHIC DESIGNERS Michele Hamrick, Dany Haniff TRAFFIC SUPERVISOR Estee Wright TRAFFIC COORDINATORS Kim Smith, Meagan Hodson
CIRCULATION DIRECTOR OF CIRCULATION Ron Gannon ROUTE MANAGER Joel Segler
GREENSPUN MEDIA GROUP
LAS VEGAS SUN ARCHIVES
CEO, PUBLISHER & EDITOR Brian Greenspun CHIEF OPERATING OFFICER Robert Cauthorn GROUP PUBLISHER Gordon Prouty EXECUTIVE EDITOR Tom Gorman MANAGING EDITOR Ric Anderson CREATIVE DIRECTOR Erik Stein
VINTAGE VEGAS: COMPANY STILL GOING STRONG 107 YEARS LATER Cragin & Pike Insurance has operated in Southern Nevada for more than a century. Founder Peter Buol opened Real Estate and Insurance Office in 1909, then sold it to Ernie Cragin and William Pike, who rebranded the firm with their own names. Cragin was well known — he was mayor of Las Vegas for 12 years — and Pike was instrumental in building Hoover Dam and legalizing gambling. Business partners Paul McDermott and
Frank Kerestesi took over the firm after Cragin and Pike died but decided to keep the name intact. Pictured here are Kerestesi, left, and McDermott, right, in August 1959 at the groundbreaking of a new Cragin & Pike Insurance building at 320 S. Third St. in downtown Las Vegas. The business since has moved and now is on West Charleston Boulevard. — REBECCA CLIFFORD-CRUZ
VOLUME 3, ISSUE 8 Vegas Inc (USPS publication no. 15540), 2275 Corporate Circle, Suite 300, Henderson, NV 89074 is published every Sunday except the first Sunday of the year by Greenspun Media Group. Periodicals Postage Paid at Henderson, NV and at additional mailing offices. POSTMASTER: SEND ADDRESS CHANGES TO: Vegas Inc 2275 Corporate Circle Suite 300 Henderson, NV 89074 702.990.2545 For inquiries, write to: Vegas Inc 2275 Corporate Circle, Suite 300 Henderson, NV 89074 For back copies: Doris Hollifield at 702.990.8993 or e-mail at doris.hollifield@gmgvegas.com For subscriptions and customer service: Call 818-487-4538, or visit vegasinc.com. For annual subscriptions, $50. For single copies, $3.99.
A COMPREHENSI V E CI V IL PR ACTICE SERV ING CLIEN TS SINCE 1977. Business Law | Real Estate | Civil Litigation
Alverson Taylor Mortensen & Sanders
Nevada’s Law Firm
(702) 384-7000 alversontaylor.com
2016 INDUCTEE
Please join us as we celebrate our 15th anniversary with a reflective and appreciative look back with our distinguished recipients and honor our 2016 Inductee. 6 P.M. Cocktail Reception
7 P.M. Dinner and Hall of Fame Induction
T H U R S D AY MARCH 24 2016
MGM GRAND CONVENTION CENTER Premier Ballroom, 3rd Floor. 3701 Koval Lane $275 per person or $2,500 per table
To register, please visit netcommunity.unlv.edu/NevadaBusinessHallofFame or call 702-895-3608. SPONSORED BY
ROSSI RALENKOTTER President and CEO, LAS VEGAS CONVENTION AND VISITORS AUTHORITY Reception Sponsor- The Howard Hughes Corporation Spirit Sponsor- Southern Wine & Spirits of Southern Nevada
4
VEGAS INC
the notes
feb. 28 - MARCH 5
Send your business-related information to news@vegasinc.com
The Firm hired Sarah Harper as assistant public relations specialist and promoted Annie waggoner harper Waggoner to public relations specialist. The agency also promoted Lindsey Stull to senior stull scott public relations specialist. In addition, senior public relations specialist Jesse Scott was selected by PR News as one of its Rising PR Stars 30 and Under. Karen Panzer, MandyLynn Suyat and Kevin Amodt are member services representatives at the Clark County Credit Union. Richie Smith is an auto buyer/ broker.
panzer
suyat
The Valley amodt smith Health System is adding eight residency programs among four hospitals. The programs are in emergency medicine, family medicine, general surgery, internal medicine, obstetrics and gynecology, orthopedic surgery, psychiatry and the transitional/ internship year. Dr. Andrew Eisen, chief academic officer of the Valley Health System, will oversee the programs. The residents will be based at Centennial Hills, Desert Springs, Spring Valley and Summerlin hospitals. In addition, five pharmacies opened at Valley Health System hospitals: Centennial Hills, Desert Springs, Spring Valley, Summerlin and Valley.
The National League of Cities reappointed Henderson Mayor Andy Hafen to its finance, administration and intergovernmental relations committee. Councilwoman Gerri Schroder was named vice chairwoman of the community and economic development committee and vice chairwoman of the Western Municipal Association. Dave Otto is head brewmaster at PT’s Brewing Company. New member companies of the Las Vegas Hospitality Association include Artisan Hotel, Jeff Ermilio, outside sales manager; Bell Trans, Laura Villafana and Tannia Valenzuotto ela, program managers; Canyon Ranch Spa, Janine Coughlin, sales manager; Champagne Life, Danielle Heyman, owner and CEO; Cut and Taste, Alex Barnett, partner and chief marketing officer; Events With A Twist, Jennifer Colacion, owner; Killer Shrimp Las Vegas, Alicia Rowan, general manager; Meetings.com, Ed Gillis, vice president; Renaissance Las Vegas, Shannah Gribben, catering sales manager; and Sjodin Photography, Camilla Sjodin, owner/photographer. Sight & Sound Events CEO Jodi Harris was awarded “Member of the Year 2015” by the Las Vegas Chapter of NACE (National Association for Catering and Events). Michael Quartieri is executive vice president, chief financial officer and secretary of Scientific Games.
Shawn Willis is Las Vegas director of the Jewish National Fund. Amber Stidham is director of government affairs at the Henderson Chamber of Commerce. Crescent Technology Soluwillis tions, a technical and IT staffing service, changed its name to Taurean Consulting Group. The City of Henderson broke ground on a $16.8 million project that includes widening Volunteer Boulevard to four lanes from Executive Airport Drive to Las Vegas Boulevard. The project will add bike lanes, include drainage improvements to help prevent flooding and standing water and resurface Executive Airport Drive to St. Rose Parkway. The project is expected to create about 91 jobs. The U.S. Department of Education awarded the Moapa Band of Paiutes $365,000 for vocational rehabilitation services that will help Paiutes with disabilities get jobs. Lumas opened a flagship store and gallery at the Grand Canal Shoppes at the Venetian and the Palazzo. Hong Kong Café opened at the Palazzo.
harris
South Point Arena and Equestrian Center is partnering with Triple Crown Nutrition and Stotz Equipment. Triple Crown Nutrition will sponsor the arena’s VIP stalls; Stotz Equipment will sponsor the facility’s barn equipment. The 8th Judicial District Court received $325,000 from the U.S. Department of Health and Human Services Substance Abuse and Mental Health Services Administration for adult drug court.
Richard Yao is Nevada State College dean of students. He has been a faculty member for 10 years. Lynn Myers is tax director at Houldsworth, Russo and Co. Nikki Neu is public relations manager and Alyssa Egeskov is account coordinator at Vox Solid Communications.
open this summer.
yao
Tiffany James is marketing director at homebuilder Touchstone Living. Nina Radetich is director of marketing and communications at the Animal Foundation. Amy Jensen will manage the Ikea scheduled to
Western Governors University launched a masters of science in integrated health care management. The degree focuses on policy areas including affordable care, patient protection and quality assurance. In collaboration with the Las Vegas Latin Chamber of Commerce, WGU Nevada is offering more than $30,000 in scholarships to chamber members. The WGU Nevada Otto Merida Scholarship was created in honor of the founder and longserving CEO of the Latin Chamber. GameCo Inc. partnered with engineering and manufacturing firm Suzo-Happ to design and develop controllers for its video game gambling machines.
BANKRUPTCY | COMMERCIAL LITIGATION | REAL ESTATE | CORPORATE
702.385.5544 | nvfirm.com | Located in Town Square
5
VEGAS INC
the interview
feb. 28 - MARCH 5
Send your business-related information to news@vegasinc.com
Q&A with ingrid reisman
One by one, Las Vegas can address all of its troubles Ingrid Reisman, vice president and chief marketing officer at Las Vegas Monorail, recently joined the board of trustees for Green Chips, an organization that brings together private, public and not-for-profit resources to promote sustainability, clean energy and environmental conservation. our house doesn’t look bad.”
Tell us about your interest in Green Chips. Because the Monorail operates zero-emissions trains and has a net positive annual air-quality impact, it makes sense to be a part of this organization and participate in even more efforts to increase and expand the sustainability voice in Nevada.
If you could live anywhere else in the world, where would it be? I love to travel and thoroughly enjoy my beach vacations, but I’m a Nevada girl.
What is the best business advice you’ve received? I was 22 and working as the assistant to the vice president of an advertising agency. Late one day when I was stressed, my boss said very simply in her Houston drawl, “It’s just like eating an elephant. You do it one bite at a time.” Ingrid Reisman, vice president and chief marketing officer of the Las Vegas
What’s the biggest issue facing Monorail, says she sees a connection to McCarran International Airport within 10 Southern Nevada? years. (STEVE MARCUS/Staff) There isn’t just one. Our education express routes and high-frequency as part of the Regional Transportasystem is ranked one of the worst routes have significantly improved tion Commission’s Transportation in the nation. We have a serious waservice for thousands of commuters Investment Business Plan. ter resource issue facing our desert and made transit relevant to many Third, the Monorail has always community that we have to address. residents who otherwise might not been an unusual system in that it has Given the heightened awareness of have considered it as a travel mode. always covered its operational costs the potential threats cities like ours We should support expanding those and some of its capital costs. We were face, the ratio of police officers to services and augment them with othfaced with a challenge to create a susStrip tourists is frighteningly low for er options, including light rail when tainable business model that would a corridor that is the economic driver and where it makes sense. allow the system to cover all of its of our state. We are lacking in mencosts. So we made some changes in tal health resources and expertise in What are you reading? 2015 in how operations are managed, specialty care, and although UNLV “The Reason I Jump,” “Their Eyes which created significant savings is adding a medical school, we still Were Watching God,” a book of Alice and put the system in a positive longlack significant quality health care Munro short stories and a couple of term financial situation. resources for a community our size. books on executive functioning and executive skills in children. Where do you see the Monorail What challenges has the Monoin five years? rail faced, and how did the orgaDescribe your management style. I expect the system will be connization overcome them? I think I empower. I’ve been fortunected to Mandalay Bay and Sands The Monorail has always been an nate in my career to have been given Expo. I also envision we will have levimportant part of the resort corridor the opportunity to create: departeraged those connections to further and has provided mobility to millions ments, structures and programs — integrate the system into how meetof leisure and business visitors, but things that didn’t exist before — and ing and convention organizers plan it has not always been perceived that to test and stretch myself and my and conduct events. way. That has been a challenge. We play skills. It has kept me passionate and In 10 years, we will have leveraged an important role in the mobility of the engaged. I try to allow those same our connections to conventions to resort corridor during events and conkinds of opportunities. also be connected to the airport. ventions. Another challenge has been how to What is your dream job, outside What can we do to encourage capitalize on our existing station conof your current field? Why? the use of public transit? nection to the Las Vegas Convention I polled my kids: My son said I have Our bus system is one of the most Center and how to use it as a catalyst skills to be a good pastry chef or dog efficient public transit systems in to connect to the destination’s other walker, and my daughter voted for the United States. Still, we can altwo major convention centers. Those pianist or interior designer “because ways improve on what we have. The connections now are recommended
Whom do you admire? My mom and my kids, equally. My mom was a single mom who sometimes worked two jobs. She always made time for our music lessons, sports activities and school events. I was an adult before I found out she lived on little sleep and sometimes had $5 to her name. As kids, we never had a clue. We always thought we were boringly middle class. My kids, Lily and Lucas, make me proud every day. We have a “neurologically diverse” household, and both my kids spend a lot of energy to fit into the expectations of a sometimes-narrow definition of normal. They never give up and never complain. It continually inspires me. Lucas is also becoming quite a self-advocate and learning to explain what it means to have autism. I see how that has empowered him. On top of it, they’re just good people: kind, compassionate and funny. What is your biggest pet peeve? The piles of paper that seem to reproduce overnight on my kitchen counter and desk. Staying organized and on top of appointments, activities and commitments is a perpetual work in progress. Where do you like to go for business lunches? If given the opportunity, I’ll pick sushi for every meal. What is something people might not know about you? My mother and the woman who babysat me until I was in school both are German, so I learned English the way a native German speaker would speak it. I still have to focus on my “r” when I say some words; specifically, the word “regional.” I worked for the Regional Transportation Commission for seven years and had to say that word a lot.
6
VEGAS INC
get to know a local business
feb. 28 - MARCH 5
Send your business-related information to news@vegasinc.com
by the numbers
10 years
Time Elon Musk waited to get the tesla.com domain name. The domain had been owned by a Silicon Valley engineer since 1992. While waiting, Musk settled for teslamotors.com.
$3 billion
Estimated cost of the MGM Cotai in Macau. MGM Resorts International officials recently announced the resort won’t open until 2017 because of the region’s struggling gaming industry.
$3 million
Amount Jon Steinberg, former president of BuzzFeed and CEO of Daily Mail U.S., raised to fund a small startup called Cheddar. The media company’s target audience is business-minded millennials.
$12 billion
Amount of money Google moved through the Netherlands to Bermuda in 2014 as part of a structure that allows it to earn most of its foreign income tax-free.
75 percent
Share of Tesco customers who say they prefer eating croissants that are straight in appearance. As a result, the British supermarket giant stopped selling curved croissants because their shape made it difficult for consumers to spread jam on them.
43 percent
Drop in the value of Prada shares over the past 12 months. The luxury handbag company recently announced Chief Financial Officer Donatello Galli is resigning.
2.2 percent
Increase in consumer prices, excluding food and fuel, from January 2015 to January 2016, according to the U.S. Labor Department.
15 percent
Share of Yahoo staff that will be terminated. Yahoo also announced it would shut down seven digital magazines.
Chuck Maxfield is general manager of Redefy Real Estate, which charges a flat fee to people trying to sell homes. (christopher devargas/staff)
Aiming to redefine real estate norms Describe your business.
Redefy Real Estate is a national real estate brokerage that provides a flat-fee, full-service process for people looking to sell their homes. How does a flat fee benefit clients?
redefy real estate Address: 8925 W. Post Road, Suite 120, Las Vegas Phone: 702-359-0605 Email: cmaxfield@redefy.com Website: redefy.com Hours of operation: 9 a.m.-5 p.m. Monday through Friday In business since: 2012
In Las Vegas, the average price of a home is $192,900, which equates to a 3 percent brokers fee of $5,787. Compare that with Redefy’s flat fee of $2,500, and you get an average savings of $3,287 without losing any of the services that are provided by traditional real estate agents. Redefy is based in Colorado but recently expanded into Southern Nevada. Why Las Vegas?
Las Vegas is poised to meet or exceed the growth enjoyed by this market for 90 percent of the past 30 years. A low cost of living, nice weather year-round and being one of the top destinations in the world to visit all point to an environment that is on the brink of sustainable growth and real estate-related activity. It also is Redefy’s goal to operate in every major metropolitan area that has a population greater than 1 million. What is the hardest part about doing business in Las Vegas?
Educating home sellers that they have a choice. Things have been done a certain way for so long that most people don’t realize they have options when it comes to selling a home. There is a lot of disruption in the real estate world, and Redefy is our version of what the future of selling homes is going to look like.
What is the best part about doing business in Las Vegas?
The huge demand for our business model and the cultural fit. Las Vegas is all about fun. The people you meet in Las Vegas are from all over the world; their perspectives, experiences and lifestyles ensure that we never have a dull moment. The same could be said about the culture at Redefy.
Why do you think this concept will be successful here?
People want to be treated like a VIP, and they demand and deserve quality representation for a fair price. We pride ourselves on quality of service and are able to do it much more efficiently than some of our competition. What are the biggest impediments to getting a home sold today?
Getting the right price for your home is probably the biggest barrier. Price is determined by several factors: market demand, the price of other recently sold homes in the area and, to a lesser extent, the location and the condition of the property. In “hot” markets, it is not uncommon for home sellers to have unrealistic price expectations based on conditions they may have heard about but that may not be specific to their property. How can Nevada improve its business climate?
While tourism, gaming, mining and ranching are the state’s largest industries, we should continue looking to diversify and bring in industries that focus on technology and innovation to build a stronger economy.
7
talking points Send your business-related information to news@vegasinc.com
Reader comments We want to hear from you. Visit vegasinc.com to post your opinion.
On J.D. Morris’ vegasinc.com story “Wynn Plaza shopping center to open in fall 2017”: The majority of the visitors to Las Vegas are not economically in the top 1 percent. How about a Macy’s or something a little less elitist? — kewlbreezes All luxury malls everywhere have the same stores, but I guess Wynn’s betting rich, discerning shoppers will want to come to Vegas for their stuff. — Ken Nari On Daniel Rothberg’s vegasinc.com story “Drop-off in Nevada rooftop solar applications sends ripple through industry”: The solar salesmen did a number on 20,000 people in Nevada. If it sounds too good to be true, it usually is. The solar website has a disclaimer not guaranteeing rates. — Longbeard On the lasvegassun.com story “Cox cable rates going up in Las Vegas over rising programming costs”: Cox has been doing this for years. I finally had enough and cut the cord. — VegasBlur Time to just use an antenna for local news and programming, and subscribe to Internet movie providers that allow you watch what you want and pay as you go. — SolarDude
VEGAS INC
feb. 28 - MARCH 5
Dayclubs are hot but must continue to evolve
A
guest column: up for success by utilizing their vast real s the winter blues begin to fade michael sullivan estate to allow large numbers of people to and Las Vegas starts to heat up, congregate in the same area while enjoying revelers have a fun trend to look the atmosphere of a party during the day. forward to in the Entertainment Las Vegas goes unchallenged in offering Capital of the World: daylife parties. the ultimate daylife experience, and the numbers prove Just in time for spring break, the season kicks off in it. A few popular dayclubs generate double the revenue of March, Vegas’ busiest visitation period, which attracts an nightclubs in the city. average of 3.6 million tourists seasonally. Increasingly one The trend is feeding back into nightlife as well during the of the biggest draws for visitors, these over-the-top pool off-season. Indoor nightclubs are starting events earlier by parties and indoor festivities add to the entertainment exadding daylife parties to their repertoire. Lavo inside the perience of world-famous nightclubs and VIP services. Palazzo, for example, now opens for Lavo Brunch, blending Dating to 1995, the first pool to develop a see-and-be-seen culinary indulgences with European electronic music to daylife environment was the Rio, where hotel guests encreate an indoor dayclub scene. Hyde Bellagio throws themed joyed alcoholic drinks to upbeat pop music, poolside. Strip costume parties at its Hyde XIV events. GBDC: Ghostbar Daynightlife groups followed suit years later by embracing the club at the Palms infuses the Ghostbar vibe into afternoon growing trend and catering to the needs of daylife patrons, festivities, and Tao Group provides pool parties year-round throwing nightlife-style pool parties under the sun. With under the Marquee Dayclub Dome at the Cosmopolitan. resident DJs and performers, and luxurious poolside acTo sustain the success of dayclubs in Las Vegas, propercommodations, the concept allowed tourists to delight in ties on the Strip must continuously evolve and anticipate every moment and maximize their stay in Las Vegas. the growing trends in hosting A-list performers and updatDaytime partygoers now expect nightlife groups to proing luxury accommodations. Most important, they must vide such amenities. On top of having daytime entertainalways pay attention to what consumers look for in their ment, revelers also look for chic accommodations: modern ultimate daylife experience and set a new standard. daybeds, luxurious cabanas and five-star bottle service Michael Sullivan is director of industry relations at Nightwith cocktail servers attending to their every whim. The club & Bar Media Group. The Nightclub & Bar Convention cost of such an experience can range from complimentary and Trade Show will be March 7-9 at the Las Vegas Convenadmission to thousands of dollars per cabana. tion Center. Hotel pools and clubs in Las Vegas have set themselves
Smith’s world
Mike Smith is an award-winning editorial cartoonist who also draws for the Las Vegas Sun. His work is distributed nationally by King Features Syndicate. See archives of his work at lasvegassun.com/smithsworld.
8
VEGAS INC
feb. 28 - MARCH 5
your Business-to-business news Send your business-related information to news@vegasinc.com
Drop-off in Nevada rooftop solar power applications sends ripple through industry By daniel rothberg
“Quite honestly, I think the current regulation is not going to stand up,” he said.
Staff Writer
Not long after Nevada utility regulators voted to increase bills for residents and small-business operators using solar energy, Robert Lamore started getting calls from customers of his business. The callers were frustrated and concerned. Within days of the vote, Lamore would help cancel about 75 pending contracts for panel installations. For those customers, who had already applied for solar with NV Energy, it no longer made financial sense to go through with the installation. “It was such a flurry, and it was so fast,” said Lamore, CEO of Arizona Solar Solutions. When Nevada’s three-member Public Utilities Commission OK’d the bill increase, industry advocates declared the new rate structure a poison pill for the market. The commission tripled a fixed fee over 12 years and slashed the value of credits customers earn by generating excess electricity through net metering. The commission’s rationale for the new rate was that it would more accurately reflect the cost of having solar customers on the grid and prevent shifting that cost to other nonsolar ratepayers. The old rules, commissioners say, were created when solar was more expensive and when few solar customers were connected to the grid. But the industry said the move put a pin through the ballooning solar industry, in which customers rely on low utility bills to offset their investment in solar panels. Now, more than one month after the new rates went into effect, there remains uncertainty about the future of the rooftop solar industry in Nevada. Whether attributable to customer confusion, the new rates or the departure of solar firms, recent data appear to make one trend evident: Rooftop solar sales have dwindled to a trickle. And that trickle has sent ripples through the industry, affecting local installers and leaving customers confused. applications plummet In December, 1,311 residents in Southern Nevada submitted applications with NV Energy to start the process of installing and connecting solar
Vivint Solar employees install solar panels on a home. The company operates in 10 states. (courtesy)
panels. According to NV Energy data, that number fell to 90 applications in January . Lyndon Rive, CEO of SolarCity, the national solar company chaired by Tesla Motors founder Elon Musk, said the decrease was a reaction to the new rate structure. “It’s becoming increasingly clear that the (commission’s) rate hikes ended the rooftop solar industry in Nevada and took away citizens’ right to produce their own power at home,” Rive said in a statement. “Now that the state has seen the impact of the (commission) ruling, we hope they will reconsider this decision.” Part of the reason for the decrease in applications, others said, could be that at least six solar companies, including national giants SolarCity and Sunrun, have pulled their sales operations from the state since the new rates were instituted. A significant contraction of the market is not unprecedented after a regulatory decision, said Davide Savenije, a senior editor at the trade publication Utility Dive. He notes that when Arizona utility Salt River Project added a $50 demand charge, SolarCity reported a 96 percent decrease in applications. “You can see that those numbers are actually pretty similar,” he said. He said these metrics matter because regulators, utilities and solar companies across the nation were watching the effects of the decision here. “When a precedent is set in a decision like this, other people are paying
attention,” he said. “I think you are going to see the ripple effects of this decision in other states.” a changing market Before the commission issued its decision in December, Scott Shaw, an executive with local installer Go Solar, said the company had fielded more than 25 orders. After the decision, that number went down to two. The company, founded in 2010, performed one installation in December and one in January. Those customers said the value proposition still existed because they had smaller rooftop solar systems, meaning they had relatively low up-front costs and weren’t affected by the decrease in net metering credits because they weren’t expecting to generate excess power. The company laid off more than a dozen employees and is shifting its focus to other energy-efficient technologies. Frank Rieger, CEO of Las Vegasbased Sol-Up USA, said that before the regulatory process started several months ago, his company averaged about one order per day. In the past three months, he said it had sold two systems. Since the decision: zero sales. But he reasons that “even the worst regulation” is better than uncertainty. “The clients have a business model that they can at least work with,” Rieger said. However, Rieger said he expected the ruling to be challenged and overturned in court.
Customers in limbo As of Feb. 11, NV Energy reported 19,310 net metering customers statewide. But the number of people affected by the decision is larger. NV Energy had an additional 12,433 customers with pending applications. Customers typically sign contracts to lease panels or purchase solar energy through companies before their panels are installed. After the PUC decision, the companies allowed some of these customers to pull out of contracts if their panels had not been installed. Sunrun said close to 1,000 pre-install customers canceled contracts. But once the panels were installed, consumers were locked into the contracts, which generally last 20 years. Some faced other long-term financial obligations, such as bank loans. Henderson resident Manny Sayegh said the new rates altered the equation for paying off his system. Most solar customers get a lease because they believe lower utility bills will allow them to break even or profit on their payments to solar companies. “We’re stuck either way,” he said. Amid the turmoil over rates, Nevadans have sued NV Energy and SolarCity, and solar companies have vowed to restore the pre-ruling rate structure. A group backed by SolarCity is pushing a ballot measure that would effectively bring back the rates and is urging legislators to call a special session. The Alliance for Solar Choice also plans to challenge the commission decision in court. Because the bill increases will be gradually implemented over 12 years, the next increase will not occur until 2019, giving the Legislature an opportunity to take up the matter during its next session. “Most of the impact of the rate hikes will be felt after this year, which gives us time to fight on behalf of our customers,” Chandler Sherman, a spokesperson for SolarCity, said. “The majority of Nevadans disagree with the PUC’s decision, and we are confident that if the Legislature doesn’t do the right thing, the people will have a chance to overrule them.”
9
VEGAS INC
your Business-to-business news
feb. 28 - MARCH 5
Send your business-related information to news@vegasinc.com
Henderson’s luxury Domain apartments sell for $58.2 million Staff Writer
Houston real estate tycoon Gerald Hines is laying another bet on Southern Nevada. His namesake company has bought the upscale, 308-unit Domain apartment complex in Henderson for $58.2 million. Hines owns or manages property in 19 countries and has been developing apartment-rental buildings for about five years. But his purchase of Domain marks the company’s first acquisition of an existing apartment complex, spokesman Mark Clegg said. Clegg said the company had no development plans for the Las Vegas area, “but we’re always looking.” Management views Las Vegas as “one of the best markets in the U.S.” for apartments, said Senior Managing Director Doug Metzler, in a statement provided by Clegg. “With a strong jobs outlook and a growing and somewhat transient population, Las Vegas was the right market for this investment,” Metzler said. The company paid $188,961 per unit for Domain — more than double the average price in Southern Nevada. Apartment investors last year paid an average of $77,813 per unit, according to brokerage firm Colliers International. Domain, at 15.5 acres, opened in 2014 at Eastern Avenue and Coronado Center Drive. It’s 95 percent occupied, according to Hines, and loaded with amenities, including a pet park and pet wash, electric-vehicle charging stations and bicycle rentals. It also charges above-average rents. According to Domain’s website, monthly rent ranges from $970 (for a one-bedroom, 644-square-foot unit) to $1,399 (for a three-bedroom, 1,390-square-foot unit). The average rental rate in Southern Nevada is $910, according to Colliers. Domain is part of a wave of apartment complexes — many of which are amenity-heavy and charge higher prices — that have been built or are under construction in the Las Vegas Valley, amid a national apartment boom and slumping U.S. homeownership rates. Apartment-complex purchases soared a few years ago amid steeply discounted prices but have slowed as prices climb higher. Still, development has heated up, with rental properties making up one of the biggest sources of construction in the Las Vegas Valley. Investors are building almost entirely in the suburbs, primarily in the south-
west valley and Henderson, with just a few developments in urban neighborhoods. Hines has invested in Southern Nevada before. In fall 2012, when the economy was in worse shape than it is today, Hines teamed with Los Angeles investment firm Oaktree Capital Management to buy 1.1 million square
feet of offices in Summerlin, spread across 32 buildings, for $119.5 million. At the time, the portfolio reportedly was half-empty. Southern Nevada’s office market — vastly overbuilt during the bubble last decade and clobbered by the bust — had a 23.5 percent vacancy rate then, according to Colliers.
Hines and Oaktree listed their 18 remaining buildings, comprising more than 895,000 square feet, last fall. There was no asking price, but the portfolio was 92 percent occupied, according to the listing brokers. Overall, the valley’s office market now has a 17.8 percent vacancy rate, says Colliers.
“City National is mission critical to our success.” My father made his first circuit board in 1958 in the heart of Silicon Valley. Today, our family owned business produces tier one, mission critical, printed circuit boards and RF microwave antennas for aerospace, the medical industry and nuclear physics experiments. Every piece of equipment that we have is custom made. Without our line of credit from City National, we simply could not acquire the cutting edge equipment we need to run our business. City National is The way up® for our business.
John-Michael Gray President, Triangle Labs Inc.
Find your way up.
SM
Call (702) 425-6559 or visit Findyourway.com/SuccessVegas
©2016 City National Bank
By eli segall
City National Business Banking
CNB MEMBER FDIC
10
VEGAS INC
feb. 28 - MARCH 5
your Business-to-business news Send your business-related information to news@vegasinc.com
On the Strip, retail remains on the rise By J.D. Morris Staff Writer
The wave of retail development that has swept the Strip in recent years is showing no signs of stopping. Wynn Las Vegas proved as much when it announced plans for a twostory shopping center addition that will nearly double the amount of retail space already available at the resort and its sister hotel, Encore. Called Wynn Plaza, the new development will offer more than 75,000 square feet of luxury retail space inside a building designed with Paris’ Avenue Matignon in mind. It’s not clear exactly what the shopping options will look like, but the resort has promised “an assortment Wynn Las Vegas announced plans for a two-story shopping center addition that of prestigious retailers” that will of- will nearly double the amount of retail space available at the resort and its sister fer the same sort of “exclusive shop- hotel, Encore. (mikayla whitmore/staff file) ping experience for which Wynn is tourist spent $149.77 on shopping, And MGM Resorts International is known.” The resort also has said its up from $122.80 in 2010, accordset to open its $100 million Park, a new retail development would add ing to GLS Research. And tourists dining and entertainment district to the “iconic brands” that already spent an average of $281.88 each on between New York-New York and occupy Wynn and Encore, including food and drink in 2014, compared Monte Carlo, in early April. Chanel, Louis Vuitton, Dior, Alexanwith $256.82 in 2010. At the same Those developments don’t even der McQueen and Givenchy. time, the proportion of visitors who account for the CVS or Walgreens Clearly, then, Wynn Plaza will be gambled fell from 80 percent to 71 outposts that have sprung up in the firmly among the higher end of Strip percent. resort corridor, including at Treashopping experiences — more like As tourists have shifted more of sure Island and near SLS Las Vegas. Crystals than Miracle Mile Shops. their focus toward shopping, dining, Another CVS is under construction Still, the Wynn project will have drinking and entertainment, it’s not in front of Bally’s. plenty of big-name retail neighbors just the resort operators that have With so many places for Strip tourwithin walking distance, with both expanded their retail and restaurant ists to spend their dollars for shopFashion Show Mall and Grand Canal offerings; linchpins such as Fashion ping and dining, retailers have to Shoppes essentially across the street Show and Miracle Mile have made big work harder than ever to differentito the west and south, respectively. changes, too. ate themselves. Wynn Plaza also joins a lengthy list Fashion Show debuted a “Everything is becoming niched of retail-related additions that have 22,000-square-foot addition late out,” said real estate broker Matt come to the Strip the past few years. last year that made room for new Bear of CBRE Group. “The approach Caesars Entertainment Corp. restaurant spaces, retail cabanas has changed to provide more options about two years ago opened the Linq, and a “very lush, newly landscaped and better service, but give you more a $550 million promenade that inpathway” along the Strip, said mall reasons to come back to Las Vegas cludes a range of restaurants and spokeswoman Janet LaFevre. Fashbecause you didn’t try X, Y or Z resretail. Grand Bazaar Shops, another ion Show also gave the clothing store taurant or shopping center.” open-air shopping and dining area, Zara enough room to triple the size of In 2014, the average Las Vegas opened in front of Bally’s last year.
its location. Similarly, Miracle Mile has embarked on a 60,000-square-foot renovation that includes restaurant space and a makeover of the last exterior portion of the mall’s old North African-themed decor. A Buffalo Wild Wings has opened in the renovated space, and the mall signed a lease with Hot N Juicy Crawfish, but work is ongoing, according to Wendy Albert, Miracle Mile’s senior director of marketing. Albert said the mall hadn’t been squeezed by the proliferation of Strip retail. That’s because operators have done a good job making sure they’re all “offering something a little bit different,” she said. Wynn Plaza won’t be the last big shopping development that tries to find similar success, and it’s not clear at what point the market might become too retail-saturated. Local businessman Barry Fieldman, who developed Showcase Mall, said it could get there if companies were to build too much without adding a proportional amount of attractions to lure more shoppers to town. “If you take a bucket of water and you share it with four people, and you take the same bucket and share it with eight, everybody gets less,” he said. He said some developments have done that, but others haven’t — and that’s a risky move. The key to avoid killing the Strip’s “golden goose,” he said, is to “add to the pie” by also building things that attract new customers. He said MGM’s T-Mobile Arena should do the trick for the Park, and that even bigger developments — like a 65,000seat football stadium proposed by Las Vegas Sands — would work, as well.
Las Vegas sees uptick in homeowners refinancing their mortgages By Eli Segall Staff writer
For homebuyers, mortgage lending slowed in Las Vegas more than it did nationally in the final months of 2015 compared with a year earlier. But for homeowners looking to refinance, borrowing picked up faster locally than it did nationwide. A total of 6,298 home-purchase
loans were doled out in the Las Vegas area in the fourth quarter last year, down 4 percent from the same period in 2014, according to RealtyTrac. Nationally, roughly 601,600 homepurchase loans were issued in the fourth quarter, down 1 percent yearover-year. At the same time, 5,618 refinancing loans were issued locally in the fourth quarter, up 5 percent.
About 663,600 were issued nationally, up 2 percent. Easy credit fueled the doomed housing bubble the last decade, with some 26,000 home-purchase loans issued locally and more than 1.3 million nationally in just the third quarter of 2005, according to RealtyTrac data. Such lending has recouped more of its losses nationwide than it has in
Las Vegas, where the once-pummeled housing market has improved from the depths of the recession but still grapples with high rates of underwater homeowners, foreclosures, vacant houses and shabby personal finances. U.S. home-purchase loan totals are 54.5 percent below their 2005 peak, but in Las Vegas, lending volume is 76 percent below its peak.
— New customers only —
TAILORED MENUS
FULL SERVICE CATERING
CORPORATE EVENTS
L I C E N S E D F O R F U L L B A R & L I Q U O R C AT E R I N G 7 0 2 . 8 7 6 . 1 1 0 6 | T O P D O G C AT E R I N G. C O M
Mark
yo u r c a l e n da r s
and plan to join us for the
TOURO GA L A W ith k eynote a ddress
by
VICE ADMIRAL VIVEK H. MURTHY, M.D., M.B.A. UNITED STATES SURGEON GENERAL special
s av e
a W a r d p r e s e n tat i o n s t o
t h e dat e
Dr. Jaldeep Daulat Mohave Center for Dermatology & Plastic Surgery
SUNDAY, MARCH 6, 2016
Dr. Mitchell Forman Founding Dean of Touro College of Osteopathic Medicine
5:00 P.M. VIP SPONSOR MEET & GREET 5:30 P.M. COCKTAILS AND SILENT AUCTION 7:00 P.M. DINNER AND PROGRAM
NV Energy Dr. David Steinberg Steinberg Diagnostic Medical Imaging
FOUR SEASONS HOTEL | LAS VEGAS, NEVADA
INDIVIDUAL TICKETS - $236 | TABLE OF 10 - $2,360 EVENT SPONSORSHIP - $10,000 http://give.tun.touro.edu/gala
Selma
BARTLET T
STEPHEN CLOOBECK
Dr. Jaldeep Daulat
874 American Pacific Drive , Henderson, Nevada 89014
15
VEGAS INC
your Business-to-business news
feb. 28 - MARCH 5
Send your business-related information to news@vegasinc.com
gue dry, from page 1
Banker driven by passion for education had plunged into a recession, which made foreclosing on farms a large part of Guedry’s job. Guedry had known the couple for two years and had tried to help them keep their home. Finally, he delivered the news the couple did not want to hear. The wife cried. She yelled. She blamed her husband for the foreclosure. The husband, through tears, apologized. It was the last time Guedry would foreclose on a farm. “I drove to a 7-Eleven and called my wife,” he recalled. “I said, ‘I’m done. I can’t do this anymore.’ ” Guedry returned to Las Vegas, where he had attended Chaparral High School and UNLV. He got a job at Valley Bank and thrived. Although at times he’s had to break bad news to clients, Guedry says he enjoys fostering relationships with ambitious business owners, particularly those who have weathered economic downturns. “I like learning from people who are risk-takers,” Guedry said. “In every case, whether it’s a good decision or bad decision, you can learn something.” Through the years, Guedry has developed a passion for education. In 2010, he ran against Dina Titus to represent Nevada’s 3rd Congressional District, hoping to take a more active role in national issues. But after six weeks of collecting contributions, Guedry dropped out of the race. Republican Joe Heck won the seat, and Titus now serves in the 1st District. These days, Guedry is fighting for improvements to the state’s education system on a different front line. Now CEO of Bank of Nevada, he recently was appointed chairman of the Las Vegas Metro Chamber executive committee, where he has made helping the Clark County School District a priority. In March, the business and education communities will come together for the Business + Education (BE) Engaged Conference, a brainchild of Guedry’s. Under the guidance of schools advocate Elaine Wynn, participants will be encouraged to get involved with an educational advocacy group of their choice. “If we don’t have a strong education system, we won’t have a strong workforce,” Guedry said. “If there’s no correlation between us and the
“You have to have a workforce that is prepared not only for today, but for the future. We haven’t made that investment, and we’ve all seen firsthand what happens. — John Guedry
students who are graduating, then we have failed ourselves. We have failed to invest in the future of the business community in Southern Nevada.” VEGAS INC spoke with Guedry about his career in the banking industry and his hopes for Nevada’s education system. What do you find appealing about the banking industry? The one part that’s never changed, at least for commercial banks like the ones I’ve worked in, is you get to work with entrepreneurial people who have started businesses, grown businesses, failed businesses, succeeded in businesses. I get to work in hundreds of different industries and see different best practices. It’s fascinating to me. I get to see the dynamics of what makes a successful business owner and work with that. What advice do you give to clients? As bankers, we’re financial advisers for our clients. Sometimes that means we tell them things they don’t want to hear. The best part of the job is when a client comes back and thanks me for advice they took that kept them from making a huge mistake. For instance, at my last bank, a client had built a successful business in a particularly rich area. He decided he wanted to invest in a large real estate income property. He came to us to see if he could borrow money. The property would have produced enough cash flow to service the loan, but it would have taken virtually every dollar he had to put in the equity necessary to get the loan. The property had some challenges. It had leases that were relatively short-term. It wasn’t in a premier location. Based on our experience, it was too risky of an investment for us from a lending standpoint. And if it’s too risky for us, it’s likely going to be risky for the borrower. So we declined the loan. I met with him personally. He didn’t invest in the property. He banks with us now
at Bank of Nevada. He’s doing quite well. He called me one night when I took the job here and said the reason he will always bank with me is because I didn’t do what I thought was going to be good for the bank, I did what I thought would be best for him. What’s the riskiest thing a client of yours has done? A pattern I see is entrepreneurs who are successful believe that their success will transfer to anything they do. That’s not always the case. Sometimes, they are successful because they have a great skill set for a particular type of company or industry. But then they try something different, and it doesn’t go so well. I’ve seen people who have spent their entire life building companies with a net worth that most people would envy, and they risk it all. Some have succeeded, but others have lost everything. What are your goals as chairman of the chamber’s executive committee? First and foremost, I want the chamber to continue to be relevant. I would like the chamber to expand its role in solving the issues that challenge us. I would like to make sure we are addressing the threats to our business community. Education is one that is a high priority. That is the single biggest hurdle to get companies here. Tell us about the Business + Education (BE) Engaged Conference. The mission of the conference is to get 1,000 business decision-makers and owners to participate and hear firsthand from education advocacy groups. The business leaders will hear what the challenges are in education, what some of the solutions are and specific examples of ways the business and philanthropic community can support programs. We’re going to have Elaine Wynn challenge them to be a part of the solution and
not just sit on the sidelines. We’ve identified approximately 50 advocacy groups that are working to support public education. The groups all will submit a one-page summary of their initiatives, and each group will be categorized by topics such as literacy or at-risk schools. The business decision-makers will have to find an organization and ask how they can help advance its programs. It may be through voluntary efforts, expertise they can bring or a financial contribution. They will have to be part of the solution. They can’t just complain about the education system. As a member of the business community, I can tell you that I speak with a lot of business owners who would like to be part of the solution but don’t know how. We’re hoping to provide that road map. Why did you decide to organize this conference now? We just came out of the worst recession. I think we realize if we continue to rely on one industry, we’re going to continue seeing these cycles. For the first time, I think we realize we’re not recession-proof. We’re going to get hit again if we don’t diversify the economy. You have to have a workforce that is prepared not only for today, but for the future. We haven’t made that investment, and we’ve all seen firsthand what happens. What do you think the biggest issue in education is? Recruitment and retention of teachers. We have to have the ability to remove poor-performing teachers if they’re unable to raise the bar. I’m not talking about the teacher who is working really hard and may not be producing as much as she needs because of a lack of resources. Part of what creates low morale is when you treat everyone the same. If you can’t get rid of a bad performer, it’s like one bad apple affects the whole bushel. We need to make it less stringent to get rid of low performers. I think if we address that issue, recruitment and retention will improve. There’s the funding formula, too. It has to be addressed. It doesn’t address a lot of changes in our population. We have to make sure we have appropriate levels of funding to fit different demographics.
Adopt
Foster
Donate
Rescue Your New Best Friend Today! Visit our website for up to date information:
WAGGINGTAILSRESCUE.ORG
Contact us at: ADOPT@WAGGINGTAILSRESCUE.ORG
17
VEGAS INC
your Business-to-business news
feb. 28 - MARCH 5
Send your business-related information to news@vegasinc.com
Calendar of events Sunday, February 28 Las Vegas Mini Maker Faire Time: Noon-6 p.m. Cost: $8 in advance, $10 at the door Location: Henderson Convention Center, 200 S. Water St., Henderson Information: Visit makerfairevegas.com Connect with local business owners and innovators during this showcase of invention and creativity. Take part in panel discussions about patents, kickstarter campaigns and business creation.
Tuesday, March 1 Nevada Republican Men’s Club luncheon Time: 11 a.m.-1 p.m. Cost: $30 for members; $35 for nonmembers Location: Cili at Bali Hai Golf Course, 5160 Las Vegas Blvd. South, Las Vegas Information: Visit republicanmensclub.com This month’s business networking luncheon will include a discussion about Sheriff Joe Lombardo’s first year leading the Las Vegas Metropolitan Police Department. Learn about the police department’s goals.
WEDNESDAY, MARCH 2 Strategic Business Development Time: 9 a.m.-noon Cost: Free Location: Urban Chamber of Commerce Business Development Center, 1951 Stella Lake St., Las Vegas Information: Email dmharris@lasvegasnevada.gov Learn about business and marketing strategies. UCC Benefits Breakfast Time: 9-10 a.m. Cost: Free
Location: Urban Chamber of Commerce, 1951 Stella Lake St., Suite 30, Las Vegas Information: Call 702-648-6222 Learn about the benefits of becoming an Urban Chamber of Commerce member over a complimentary breakfast.
THURSDAY, MARCH 3 “Five Key Metrics to Increase Profits” Time: 7:30-9:30 a.m. Cost: Free for Henderson Chamber of Commerce members, $25 for nonmembers, $35 for walk-ins Location: Henderson Business Resource Center Seminar Room, 112 S. Water St., Henderson Information: Call 702-565-8951 Kurt Trombetti, owner of Enviro Safe Pest Control, will discuss ways to identify lead sources and track marketing platforms and marketing returns on investments. Good Governance Committee Time: 9:30-11 a.m. Cost: Free Location: Las Vegas Metro Chamber of Commerce, 575 Symphony Park Ave., Suite 100, Las Vegas Information: Email jharrison@lvchamber.com Join Southern Nevada legislators, government officials, business leaders and other stakeholders to identify and discuss regional priorities for the 2017 legislative session. CREW luncheon Time: 11:30 a.m.-1 p.m. Cost: $40 for members of Commercial Real Estate Women, $50 for nonmembers, $55 at the door Location: Las Vegas Country Club, 3000 Joe W. Brown Drive, Las Vegas Information: Call Tara at 702-798-5156 Las Vegas City Manager Betsy Fretwell will
speak about city initiatives, including the Downtown Master Plan, the Las Vegas Medical District expansion, downtown mobility and Symphony Park. FundingPost roundtable Time: 10 a.m.-4:30 p.m. Cost: $99 for entrepreneurs, $129 for investors or service providers, $700 for a vendor table Location: The Innevation Center, 6795 S. Edmond St., Las Vegas Information: Email scott@fundingpost.com Network and learn about what investors are looking for in the Las Vegas market. Early-stage investors will share their ideas.
FRIDAY, MARCH 4 Small Business Startup Steps Time: 9-11:30 a.m. Cost: Free Location: Henderson Business Resource Center, 112 S. Water St., Suite B, Henderson Information: Visit NevadaSBDC.org Learn how to grow a successful business. Advisers are available for free, one-on-one counseling.
SUNDAY, MARCH 6 Touro University gala Time: 5:30-9:30 p.m. Cost: $236 per person, $10,000 to sponsor Location: Four Seasons, 3960 Las Vegas Blvd. South, Las Vegas Information: Email ritavaswani@lvicc.org Enjoy food, drinks, entertainment and a silent auction as Touro Awards of Distinction are presented. U.S. Surgeon General Vivek Murthy will give the keynote address. All money raised will support the Touro Scholarship Fund.
Conventions
expected Show Location Dates attendance
Medtrade Spring 2016
Mandalay Bay
Feb. 29-March 2
5,000
Limousine and Chauffeured Transportation International Limousine Charter and Trade Show
Mandalay Bay
Feb. 28–March 2
3,000
Healthcare Information and Management Systems Society Annual Conference and Exhibition
Sands Expo and Convention Center
Feb. 29–March 4
30,000
Incentive Travel Exchange
Delano Las Vegas
March 2-5
1,000
Ace Hardware Corp. Spring Convention
Mandalay Bay
March 3-5
5,000
WPPI Wedding and Portrait Photographers Conference and Expo
MGM Grand
March 3-10
11,000
Intelligent Content Conference
M Resort
March 5-10
500
18
VEGAS INC
feb. 28 - MARCH 5
the data Send your business-related information to news@vegasinc.com
Records and Transactions Bid Opportunities THURSDAY, MARCH 3 2:15 p.m. Clark Place: Roof replacement Clark County, 603981 Sandy Moody-Upton at scm@ clarkcountynv.gov 2:15 p.m. Fire Station No. 22: Fuel station installation Clark County, 603931 Sandy Moody-Upton at scm@ clarkcountynv.gov 2:15 p.m. Silver Bowl Park: Restroom installation Clark County, 603993 Sandy Moody-Upton at scm@ clarkcountynv.gov 3 p.m. Current production Model 100W trailer-mounted generator U.S. EPA emissions certified - Tier 4 final emissions compliant Clark County, 603988 Ashley Blanco at ashley.blanco@ clarkcountynv.gov 3 p.m. Professional engineering services for Laughlin-Bullhead City Bridge project Needles Highway in Laughlin to SR 95 in Bullhead City, Ariz. Clark County, 603974 Tom Boldt at tboldt@clarkcountynv.gov
FRIDAY, MARCH 4 3 p.m. Treatment services - felony DUI court program Clark County, 603692 Jim Haining at jhaining@clarkcountynv.gov
Brokered transactions SALES $6,375,000 for 18,000 square feet, office Address: 2811 W. Horizon Ridge Parkway, Henderson 89052 Seller: Palomino Holdings-Henderson Seller agent: Tom Naseef and Jeff Naseef of Colliers International Buyer: CWRP DR MOB Henderson LLC Buyer agent: Stacy Scheer of Colliers International $1,297,000 for 41,375 square feet, self-storage Address: 3755 Las Vegas Blvd. North, Las Vegas 89115 Seller: Robert H. Schoff Family LLC Seller agent: Roger Jefferies of Sun Commercial Real Estate Buyer: Did not disclose Buyer agent: Did not disclose
$1,150,000 for 6,804 square feet, office Address: 8816 Spanish Ridge Ave., Las Vegas 89148 Seller: UAG Property Sub 1 LLC Seller agent: Marc Magliarditi, Jason Brooks and Scot Prince of Logic Commercial Real Estate Buyer: 8816 Spanish Ridge LLC Buyer agent: Mathew Brady of ACRES
BUSINESS LICENSES Umana License type: General retail sales Address: Did not disclose Owner: Mika’Ele K. Thrower Unlimited Wireless Corp. License type: Merchandise broker Address: 8426 Farm Road 130, Las Vegas 89131 Owner: Faiek Manni
$792,000 for 5,770 square feet, industrial Address: 4580 W. Hacienda Ave., Las Vegas 89118 Seller: Lucero Family Trust Seller agent: Roger Jefferies of Sun Commercial Real Estate Buyer: Hacienda LV LLC Buyer agent: Raydene Counts of Internet Realty
VE Construction LLC License type: Contractor Address: 6525 Contessing Way, Las Vegas 89108 Owner: Alfredo Velez
$592,961 for 8,870 square feet, industrial Address: 2542 Abels Lane, Las Vegas 89115 Seller: BDG II LLC and Dean V. Bordigiono Trust Seller agent: Zac Zaher of CBRE Buyer: Machining Specialist Buyer agent: Michael Brazill of Sun Commercial Real Estate Inc.
White And Associates Tax Service License type: Taxi service Address: 8430 W. Lake Mead Blvd., Suite 100, Las Vegas 89128 Owner: Juanita Roper
$575,000 for 4,030 square feet, office Address: 6140 Coley Ave., Las Vegas 89146 Seller: Richard B. Parnell Seller agent: Gino Vincent of Logic Commercial Real Estate Buyer: Five Star Healthcare LLC Buyer agent: Leonard Coronel of Desert Sky Realty $450,000 for 11 acres, land Address: 575 Commerce Circle, Mesquite 89027 Seller: Armed Forces Bank Seller agent: Mark Anthony Rua of Realty Executives Buyer: REV Recreational Group Buyer agent: Lisa Hauger of Sun Commercial Real Estate Inc. $260,000 for 2,610 square feet, office Address: 3608 Sunset Road, Las Vegas 89120 Seller: 3606 Sunset LLC Seller agent: Bridget Richards and Jason Lesley of Colliers International Buyer: Robert K. Torgenson Buyer agent: Did not disclose $200,000 for 2 acres, land Address: Northwest corner of Tropical Parkway and Linn Lane, North Las Vegas 89115 Seller: Peniston Family 2005 Trust Seller agent: Did not disclose Buyer: Mosaic Six LLC Buyer agent: Vince Schettler of Colliers International
VE Construction LLC License type: Contractor Address: Did not disclose Owner: Omar Enriquez
Whole Foods Market License type: Natural and organic grocery store Address: 7250 W. Lake Mead Blvd. and 8855 W. Charleston Blvd., Las Vegas 89128 Owner: WFM-Wo Inc. Yazoo Consulting Services License type: Management or consulting service Address: Did not disclose Owner: Alfred F. Eaton Yolanda Agoto License type: Real estate sales Address: 1820 E. Sahara Ave., Suite 101, Las Vegas 89104 Owner: Yolanda Agoto Zaniab Luggage License type: General retail sales Address: 1717 S. Decatur Blvd., Suite G16, Las Vegas 89102 Owner: Fakhar Abbas 3rd Generation Electric LLC License type: Contractor Address: 5770 N. Park St., Las Vegas 89149 Owner: Did not disclose A New Perspective Consulting LLC License type: Management or consulting service Address: Did not disclose Owner: Yvette Roberts A1 Answering Service License type: Business support Address: 5081 N. Rainbow Blvd., Suite 108, Las Vegas 89130 Owner: ABC’s In Communications Inc. Academy of Dental Careers License type: School
Address: 7720 W. Sahara Ave., Suite 114, Las Vegas 89117 Owner: Academy of Dental Careers Inc.
Body Balance for Performance LLC License type: Instruction services Address: Did not disclose Owner: Arnel Gaspar
Acai to the T License type: Food services or cafe Address: 5635 Centennial Center Blvd., Suite 110, Las Vegas 89149 Owner: Acai to the T LLC
Bonnie S. Marshall License type: Real estate sales Address: 10750 W. Charleston Blvd., Suite 180, Las Vegas 89144 Owner: Bonnie S. Marshall
AJCES License type: Sales/services Address: 1939 Falcons Lair Lane, Henderson 89012 Owner: Andy Russell Johnson
Botanica Encanto De Yemaya License type: General retail sales Address: 2081 N. Jones Blvd., Las Vegas 89108 Owner: Martin Angulo
ARC CNC License type: Property maintenance Address: 2492 Sturrock Drive, Henderson 89044 Owner: Patrick McGowan and Alba McGowan
Boutique Brows License type: Cosmetics Address: 7581 W. Lake Mead Blvd., Suite 150, Las Vegas 89128 Owner: Boutique Brows LLC
Audio Visual Advantage Inc. License type: General services Address: 6255 McLeod Drive, Suite 14, Las Vegas 89120 Owner: Travis Maxwell Back In Step LLC License type: General retail sales Address: 2820 W. Charleston Blvd., Suite D32, Las Vegas 89107 Owner: Yee Lim Bahia Centro-America License type: Restaurant Address: 5000 W. Charleston Blvd., Suite D, Las Vegas 89107 Owner: Rivas-Zelaya Inc. Barberry & Lace License type: General retail sales Address: Did not disclose Owner: Barberry & Lace LLC Battleborn Home Repairs License type: Property maintenance Address: 546 Truffles St., Henderson 89015 Owner: Ryan A. Eakin Bell Trans License type: Limousine services Address: 1900 Industrial Road, Las Vegas 89102 Owner: Gerald K. Bell Jr. Best In Show Pet Grooming & Day Spa License type: General services Address: 8450 W. Sahara Ave., Suite 107, Las Vegas 89117 Owner: AMSM LLC Beta Consultants LLC License type: Professional services Address: 5606 Trilling Bird Drive, Las Vegas 89135 Owner: Nicole Omps Birdies Bath and Body License type: General retail sales Address: Did not disclose Owner: Metal Head Productions LLC
Box Human Landscapers License type: Cosmetics Address: 430 S. Rampart Blvd., Suite 150, Las Vegas 89145 Owner: Short and Curly’s LLC Bradley K. Lunde License type: Management or consulting service Address: 7340 Smoke Ranch Road, Suite A, Las Vegas 89128 Owner: Bradley Lunde Bradshaw Construction License type: Contractor Address: 3714 Corpolo Ave., Las Vegas 89141 Owner: Bradshaw Construction LLC Bravo Store Systems LLC License type: General retail sales Address: 1865 Village Center Circle, Las Vegas 89134 Owner: Steven Mack Breakthru Beverage Nevada Beer LLC License type: Wholesale Address: 1849 W. Cheyenne Ave., North Las Vegas 89030 Owner: Breakthru Beverage Nevada Beer LLC BRl’s Windows & Doors License type: Sales/services Address: 4310 Losee Road, North Las Vegas 89031 Owner: Building Resource Limited Building Blocks Pediatric Therapy License type: Professional services Address: Did not disclose Owner: Rebecca Keaton C&C Medical Plaza LLC License type: Medical company Address: 1640 E. Charleston Blvd., Las Vegas 89104 Owner: Carmen Espitia Calmness Within License type: Massage Address: 9532 Creedmoor Court, Las Vegas 89148 Owner: Chul Un
19
VEGAS INC
the data Send your business-related information to news@vegasinc.com
feb. 28 - MARCH 5
Records and Transactions Carello Technology Solutions Inc. License type: General services Address: 3315 E. Russell Road, Suite A4297, Las Vegas 89120 Owner: Antonio Carello Carollo Engineers Inc. License type: Business consultant Address: 2200 Civic Center Drive, North Las Vegas 89030 Owner: Carollo Engineers Inc. Cemex Construction Materials Pacific LLC License type: Manufacturing Address: 10025 Moccasin Road, Las Vegas 89143 Owner: Robert J. Capasso Cheer Systems License type: General services Address: Did not disclose Owner: Damon Morgan Clare Oharra License type: Independent massage therapist Address: Did not disclose Owner: Clare Oharra Construction Management Services LLC License type: Contractor Address: 2885 E. Quail Ave., Las Vegas 89120 Owner: Harelik Diversified Interests Inc. Core Academy License type: Community services Address: 701 S. Ninth St., Las Vegas 89101 Owner: Lindsay Harper Cox Law LLC License type: Professional services Address: 8440 W. Lake Mead Blvd., Suite 210, Las Vegas 89128 Owner: Shane Cox Creative Business Resources License type: Business support Address: 6130 Elton Ave., Las Vegas 89107 Owner: Creative Business Resources LLC CTR Home Services License type: Residential property maintenance Address: Did not disclose Owner: Gabriel A. Cartier Daisy’s Ice Cream License type: Ice cream truck Address: 2850 E. Charleston Blvd., Las Vegas 89101 Owner: Celestino Martinez Daniela Vergara License type: Independent massage therapist Address: 2830 Floral Peak Drive, Henderson 89074 Owner: Daniela Vergara Deanna Wierzbicki License type: Independent mas-
sage therapist Address: 7753 Golden Peak Court, Las Vegas 89113 Owner: Deanna Wierzbicki Decatur Investment Group License type: Professional services Address: 2781 Tioga Pines Circle, Las Vegas 89117 Owner: Decatur Investment Group LLC Direct Source Products Inc. License type: General retail sales Address: 10300 W. Charleston Blvd., Suite 17, Las Vegas 89145 Owner: Pamela J. Dalton Don the Plumber License type: Contractor Address: Did not disclose Owner: Donald Kittell Downtown Crown British Pub License type: Pub Address: 107 E. Charleston Blvd., Suite 150, Las Vegas 89101 Owner: SNP Entertainment Inc. DR Lawn Maintenance License type: Residential property maintenance Address: Did not disclose Owner: Rey D. Ramon Agustin Eagle Stone Handyman License type: Maintenance services Address: 2312 Oakwood Ave., North Las Vegas 89030 Owner: OMC Janitorial Service LLC East Side Pizza License type: Restaurant Address: 1000 S. Rampart Blvd., Suite 7, Las Vegas 89145 Owner: Bebbb LLC Easy Life Catering License type: Interjurisdictional business Address: 628 W. Craig Road, North Las Vegas 89030 Owner: TN International Inc. Eisenberg Tax and Business Services Inc. License type: Business support Address: 1830 E. Sahara Ave., Suite 207, Las Vegas 89104 Owner: Eric Eisenberg El’s License type: Nonfarm product vendor Address: 302 S. Rampart Blvd., Las Vegas 89145 Owner: Ilia Angelov Elena Zanatta License type: Real estate sales Address: 1820 E. Sahara Ave., Suite 101, Las Vegas 89104 Owner: Elena Zanatta Elite Tax Service License type: Professional services Address: 3365 W. Craig Road, North Las Vegas 89032
Owner: Rayfield Lane Jr. Erika Linn License type: Real estate sales Address: 1820 E. Sahara Ave., Suite 101, Las Vegas 89104 Owner: Erika Linn Eurest Dining Services License type: Food services or cafe Address: 2716 N. Tenaya Way, Las Vegas 89128 Owner: Compass One LLC Events With A Twist LLC License type: Professional services Address: 495 S. Grand Central Parkway and 900 N. Las Vegas Blvd., Las Vegas 89106 Owner: Jennifer K. Colacion Fairman Family Assistance Programs License type: Day nursery Address: 2620 Timid Tiger Ave., North Las Vegas 89086 Owner: Christopher Fairman and Kimber M. Wright-Fairman
Gm Home Services License type: Residential property maintenance Address: Did not disclose Owner: Gerson G. Matute
License type: Leasing company medical Address: 1691 W. Horizon Ridge Parkway, Henderson 89012 Owner: LTN Holding LLC
Gregory Alan Bradshaw License type: Real estate sales Address: 9525 Hillwood Drive, Suite 120, Las Vegas 89134 Owner: Gregory Alan Bradshaw LLC
Hyperloop Technologies Inc. License type: Transportation Address: 13575 Apex Power Parkway, North Las Vegas 89124 Owner: Hyperloop Technologies Inc.
Grind Mode Arco License type: Professional services Address: 2901 N. Rancho Drive, Las Vegas 89108 Owner: Grind Mode 2 LLC
Imazishop.Com License type: General retail sales Address: Did not disclose Owner: Sharon L. Aaron
Grown By People Inc. License type: Management or consulting service Address: Did not disclose Owner: Dorothea Deley Grown By People Inc. License type: Management or consulting service Address: Did not disclose Owner: Michael D. Maxwell
Fasi Sports License type: Martial arts instruction Address: 1725 N. Rainbow Blvd., Suite 105, Las Vegas 89108 Owner: Fasi Combat Sports Inc.
Gutierrez Mobile Service License type: Automotive services Address: Did not disclose Owner: Francisco Gutierrez
FBMI LLC License type: Wholesale Address: 118 Corporate Park Drive, Suite 113, Henderson 89074 Owner: FBMI LLC
Hamburger City License type: Food services or cafe Address: 2362 Lexington St., Las Vegas 89106 Owner: Universal Sound Entertainment LLC
Fenix Janitor Service License type: Janitorial services Address: 6641 Maple Mesa St., North Las Vegas 89031 Owner: Ramon Ortiz Fire Killer License type: Sales/services Address: 121 Industrial Park Road, Suite 105, Henderson 89015 Owner: Rock Hard Products International Fly Safe Travels License type: Travel and ticket agency Address: Did not disclose Owner: Jyothi Pulipaka Four Foods Group Stores LLC License type: Food services Address: 11271 S. Eastern Ave., Henderson 89052 Owner: FFG Henderson LLC Gel Nails License type: Cosmetics Address: 640 Deer Springs Way, North Las Vegas 89086 Owner: James Le Glace Cryotherapy License type: Cyrotherapy Address: 2541 Wigwam Parkway, Henderson 89074 Owner: Ice Enterprise LLC
Integrity Based Management LLC License type: Management or consulting service Address: 5715 S. Sandhill Road, Las Vegas 89120 Owner: Ishana Brandner J & J Landscape License type: Residential property maintenance Address: 8510 W. Lake Mead Blvd., Las Vegas 89128 Owner: Jose Mauricio Valle Jaime Enterprises Merchandise License type: Storage facility Address: 4222 Losee Road, Suite F, North Las Vegas 89030 Owner: Jaime S. Gomez Jane Whitaker Photography License type: Photography Address: Did not disclose Owner: Jane Whitaker
Handy Masters LV License type: Residential property maintenance Address: Did not disclose Owner: Tamas Szacsuri
Jazmin Lopez License type: Real estate sales Address: 9420 W. Sahara Ave., Suite 100, Las Vegas 89117 Owner: Jazmin Lopez
Happy Hooves Pony Parties LLC License type: Riding horse rental Address: 8025 Bermuda Road, Las Vegas 89123 Owner: Cynthia Eddington
Jeff Computer Repair License type: General services Address: Did not disclose Owner: Haitao Ye
Harvey D. Roth & Associates LLC License type: Contractor Address: Did not disclose Owner: Harvey D. Roth Heram Tires License type: Express or delivery service Address: 336 Duke Ave., Las Vegas 89030 Owner: Heram Corp. Homero’s Dental Lab License type: Clinic or laboratory Address: 1830 N. Martin L. King Blvd., Suite 113, Las Vegas 89106 Owner: Homero Caldera Hunter Investigative Group Inc. License type: Professional services Address: Did not disclose Owner: Scott W. Hunter Hyperbaric Institute of Nevada
Jmar Construction LLC License type: Contractor Address: 8743 Villa Jeremiah Lane, Las Vegas 89147 Owner: Did not disclose JN Detail Mobile Wash License type: Automotive services Address: 3404 Lillis Circle, North Las Vegas 89030 Owner: Jose De Jesus Nungaray JNS Woodworks LLC License type: Property maintenance Address: 2567 Calanques Terrace, Henderson 89044 Owner: JNS Woodworks LLC John Pete Properties LLC License type: Short-term residential rental Address: 1660 S. Valadez St., Las Vegas 89117 Owner: Charles Rose
20
VEGAS INC
feb. 28 - MARCH 5
your Business-to-business news Send your business-related information to news@vegasinc.com
Records and Transactions Judy’s Dance Shoppe License type: Sales/services Address: 2762 N. Green Valley Parkway, Henderson 89014 Owner: Bloch Retail Inc. Just Windows Inc. License type: Repair and maintenance Address: Did not disclose Owner: Edmund Connelly Karina Braun License type: Independent massage therapist Address: 917 Primrose Lane, Henderson 89011 Owner: Get In Touch LLC Karl (Steve) Westheimer License type: Real estate sales Address: 1925 Village Center Circle, Suite 150, Las Vegas 89134 Owner: Karl Westheimer Kayci Cooley License type: Real estate sales Address: 10750 W. Charleston Blvd., Suite 180, Las Vegas 89144 Owner: Kayci Cooley Kenneth R. Cartojano License type: Independent massage therapist Address: 6837 White Crane Court, Las Vegas 89139 Owner: Kenneth R. Cartojano King Auto Truck and Trailer License type: Maintenance services Address: 704 W. Sunset Road, Suite A13, Henderson 89011 Owner: King Auto Truck and Trailer LLC Kristina Bienek LLC License type: Real estate sales Address: 5 Morninglow Pass, Henderson 89052 Owner: Kristina Bienek LLC
- production 9934 Mountain Foothills Ave., Las Vegas Greystone Nevada LLC $249,997, commercial - remodel 50 N. Gibson Road, Suite 170, Henderson Pereyra 1992 Living Trust $236,823, single-family residential - production 343 Nola St., Las Vegas Toll South LV LLC $234,553, residential - custom 320 San Salvador Ave., Henderson D.R. Horton Inc. $222,289, single-family residential - production 12009 Vento Forte Ave., Las Vegas Toll South LV LLC $213,722, commercial - alteration 4340 Simmons St., North Las Vegas Casas Construction $186,518, single-family residential - production 7283 Ellington Park St., Las Vegas Toll North LV LLC $181,820, residential - production 1878 Galleria Spada St., Henderson Henderson Toll LLC $175,008, single-family residential - production 3272 Grayson Lake Court, Las Vegas Adaven Homes LLC $175,000, residential - incident repair 2068 Hidden Hollow Lane, Henderson Michael C. Sommers and Linda A. Sommers
$161,914, residential - production 137 Littlestone St., Henderson KB Home Nevada Inc. $161,809, residential - new 904 Pine Vista Court, North Las Vegas Pardee Homes of Nevada $161,809, residential - new 909 Pine Vista Court, North Las Vegas Pardee Homes of Nevada $156,202, residential - production 135 Littlestone St., Henderson KB Home Nevada Inc. $154,866, single-family residential - production 10813 Hammett Park Ave., Las Vegas Toll North LV LLC $154,866, single-family residential - production 10831 Hammett Park Ave., Las Vegas Toll North LV LLC $154,151, residential - production 1709 Moss Canyon Ave., Henderson D.R. Horton Inc. $151,404, residential - new 3925 Carol Bailey Ave., North Las Vegas D.R. Horton Inc. $151,404, residential - new 5233 Golden Melody Lane, North Las Vegas D.R. Horton Inc. $150,775, residential - roofing 6952 Cloud Circle, Las Vegas Walters Pamela Marie
$138,680, residential - production 395 Highspot St., Henderson Richmond American Homes of Nevada $136,185, residential - production 241 Cadence View Way, Henderson Ryland Homes Nevada LLC $136,185, residential - production 371 Gracious Way, Henderson Ryland Homes Nevada LLC $134,743, residential - production 696 Sunrise Cliffs St., Henderson D.R. Horton Inc. $133,135, residential - production 2483 Venarotta St., Henderson KB Home Inspirada LLC $132,788, residential - new 1229 Arc Dome Ave., North Las Vegas Pardee Homes of Nevada $131,315, single-family residential - production 6541 Dunns River St., Las Vegas Richmond American Homes of Nevada $129,458, residential - new 1225 Arc Dome Ave., North Las Vegas Pardee Homes of Nevada $128,699, residential - production 462 Fortissimo St., Henderson Richmond American Homes of Nevada $124,318, residential - production 3101 Berceto Court, Henderson KB Home Inspirada LLC $122,999, commercial - remodel 100 N. Green Valley Parkway, Suite 325, Henderson Parkway Medical LLC
$174,675, residential - new 5229 Golden Melody Lane, North Las Vegas D.R. Horton Inc.
$146,944, single-family residential - production 12242 Argent Bay Ave., Las Vegas KB Home Nevada Inc.
$170,509, residential - new 3929 Carol Bailey Ave., North Las Vegas D.R. Horton Inc.
$143,336, residential - new 908 Pine Vista Court, North Las Vegas Pardee Homes of Nevada
$535,000, tenant improvement offices 8725 W. Sahara Ave., Las Vegas Burke Construction Group Inc.
$169,621, residential - production 3146 Abetone Ave., Henderson KB Home Inspirada LLC
$143,336, residential - new 921 Pine Vista Court, North Las Vegas Pardee Homes of Nevada
$114,171, residential - production 439 Fortissimo St., Henderson Richmond American Homes of Nevada
$481,464, retail sales 1504 N. Boulder Highway, Henderson O’Reilly Automotive Stores Inc.
$168,673, residential - new 905 Old Creek Way, North Las Vegas Pardee Homes of Nevada
$114,171, residential - production 474 Fortissimo St., Henderson Richmond American Homes of Nevada
$317,279, single-family residential - production 7125 Grand Canyon Drive, Las Vegas Toll North LV LLC
$166,000, tenant improvement restaurant 2000 Las Vegas Blvd. South, Suite B03, Las Vegas Austin General Contracting
$141,198, single-family residential - production 10843 Beecher Park Ave., Las Vegas Toll North LV LLC $139,900, residential - production 1326 Reef Point Ave., Henderson Ryland Homes Nevada LLC
$114,171, residential - production 441 Cadence View Way, Henderson Richmond American Homes of Nevada
BUILDING PERMITS $564,377, mechanical 4701 Mitchell St., North Las Vegas Carrier Corp.
$282,795, residential - custom 290 Sutton Hills Place, Henderson D.R. Horton Inc. $251,695, single-family residential
$163,335, residential - new 3921 Carol Bailey Ave., North Las Vegas D.R. Horton Inc.
$138,680, residential - production 403 Highspot St., Henderson Richmond American Homes of Nevada
$121,934, residential - production 261 Cadence View Way, Henderson Ryland Homes Nevada LLC $120,548, residential - production 1073 Tropical Sage St., Henderson Ryland Homes Nevada LLC
$114,171, residential - production 470 Fortissimo St., Henderson Richmond American Homes of
Nevada $113,617, residential - production 1130 N. Water St., Henderson Richmond American Homes of Nevada $113,617, residential - production 1106 N. Water St., Henderson Richmond American Homes of Nevada $113,617, residential - production 282 Divertimento St., Henderson Richmond American Homes of Nevada $113,501, residential - new 1221 Arc Dome Ave., North Las Vegas Pardee Homes of Nevada $110,125, residential - new 4009 Eagle Glacier Ave., North Las Vegas D.R. Horton Inc. $110,047, residential - new 909 Old Creek Way, North Las Vegas Pardee Homes of Nevada $110,047, residential - new 916 Pine Vista Court, North Las Vegas Pardee Homes of Nevada $110,047, residential - new 913 Pine Vista Court, North Las Vegas Pardee Homes of Nevada $107,295, residential - production 1116 Buckhorn Cove St., Henderson Beazer Homes Holdings Corp. $107,295, residential - production 1123 Jesse Harbor Ave., Henderson D.R. Horton Inc. $107,000, public 2465 Kiel Way, North Las Vegas CG&B Enterprises Inc. $103,442, single-family residential - production 7601 Scarlet Tapestry Court, Las Vegas Greystone Nevada LLC $102,527, residential - production 676 Bollons Island St., Henderson KB Home LV Pearl Creek LLC $101,750, residential - production 1125 Jesse Harbor Ave., Henderson D.R. Horton Inc. $101,750, residential - production 1119 Jesse Harbor Ave., Henderson D.R. Horton Inc. To receive a complete copy of Data Plus every week in Excel, please visit vegasinc.com/subscribe.
*Legal Notice* Advertisement for Proposals Sealed proposals will be received from prequalified bidders on behalf of Union Village for the Union Village off-site infrastructure and site improvements (Phase 2) at the new Union Village Master development site in accordance with NRS-338 on or before March 11, 2016.
Experience Capture 2
This work is being advertised, coordinated and supervised on behalf of Union Village by the PENTA Building Group. The PENTA Building Group will manage the trades and all bidders must be Union and all labor will be prevailing wage. Interested bidders must prequalify at www.pentabldggroup.com and click on the Contact/Forms tab. Please also contact Cynthia Moore at cmoore@pentabldggroup.com if you are interested in receiving drawings for this package. Drawings and specifications will be available no later than two weeks prior to the proposed bid date.
CLINICAL TRIAL FOR PEOPLE WITH
GLAUCOMA CALL NOW!
99 SPECIAL
$
SAME-DAY SOLUTIONS FOR ERECTILE DYSFUNCTION We offer a Same-Day Treatment for Erectile Dysfunction and Pre-mature Issues. No gimmicks‌just Proven Science. Our treatments are alternatives to conventional ED pills that are ineffective, that take too long to start working, and are not safe for all men.
Includes: Medical Consultation and Initial Test Dose to Ensure Positive Results. Expires 3/31/2016.
By Appointment Only/Same-Day Appointments Available. Call or Visit
(702) 457.3888
3365 E. Flamingo Road Ste. 2 Las Vegas, NV 89121
VivacityClinics.com
DIAGNOSED WITH GLAUCOMA? THIS CLINICAL TRIAL MAY BE RIGHT FOR YOU! If you have Glaucoma or high eye pressure, you may be eligible for a research study involving the use of an investigational drug. You will be reimbursed for your time and travel. The study has 9 visits & will last approximately 12 months. All visits & medication will be provided at no cost to you.
CALL TODAY! 702.515.9648 TO SETUP A FREE SCREENING APPOINTMENT CONTACT:
LINDSEY KOWAL, Study Coordinator
Matthew J. Swanic, MD | Las Vegas Eye Institute | 9555 S. Eastern Ave., Suite 260, Las Vegas, NV 89123
22
VEGAS INC
your Business-to-business news
feb. 28 - MARCH 5
Send your business-related information to news@vegasinc.com
The List
Category: manufacturers (Ranked by number of employees as of Dec. 1)
Company
Year est.
Employees
Products
Top executive
Scientific Games 6650 S. El Camino Road Las Vegas, NV 89118 702-532-7700 • scientificgames.com
1989
1,300
Gaming machines, electronic table games, card shufflers, chip sorters
Gavin Isaacs, president, CEO
2
Creel 6330 W. Sunset Road Las Vegas, NV 89118 702-735-8161 • creelprinting.com and digitallizard.com
1953
450
Publications, catalogs, direct mail, newspapers, digital printing, on-demand printing, point of purchase, point of sale, commercial printing, Web and online solutions
Allan H. Creel, chairman of the board
3
Everi 2750 S. Tenaya Way Las Vegas, NV 89113 702-855-3000 • everi.com
1998
272
Integrated payment kiosks
Ram V. Chary, president, CEO
4
Konami Gaming 585 Konami Circle Las Vegas, NV 89119 702-616-1400 • konamigaming.com
1997
200+
Casino slot machines, management systems and technology
Steve Sutherland, CEO, executive vice president
5
Eagle Promotions 4575 W. Post Road Las Vegas, NV 89118 702-388-7100 • theeagledesigngroup.com
2001
190
Custom branded retail and promotional merchandise
Mario Stadtlander and Sean Ono, partners
6
Spacecraft Components Corp. 3040 Clayton St. Las Vegas, NV 89032 702-851-7600 • spacecraft.com
2004
130
Military electrical connectors
Craig Wiseman, president
7
JCM Global 925 Pilot Road Las Vegas, NV 89119 702-651-0000 • jcmglobal.com
1990
120
Bill validators, peripheral currency transaction equipment
Terry Izawa, president
8
Tronox LLC* 560 W. Lake Mead Parkway Henderson, NV 89015 702-651-2200 • tronox.com
2005*
101
Electrolytic manganese dioxide, boron tri-chloride, elemental boron
Rick Stater, plant manager
9
SCP Manufacturing 3040 Clayton St. North Las Vegas, NV 89032 702-851-76000 • spacecraft.com
2004
35
CNC machine shop
Craig Wiseman, president
Kiesub Electronics 3185 S. Highland Drive Las Vegas, NV 89109 702-733-0024 • kiesub.com
1972
30
LED lighting, custom cables and wire harnesses, engineering and design services, prototypes, 3D printing, electro-mechanical assemblies, turnkey projects
Mike Johnsen, director of manufacturing
Somers Furniture 6330 Polaris Ave. Las Vegas, NV 89118 702-837-1717 • somersfurniture.com
1989
15
Custom furniture - indoor and outdoor
Debbi Somers, president, founder
Unit Chemical Corp. 7360 Commercial Way Henderson, NV 89011 702-564-6454 • unitchemical.com
2005
10
Disinfectants, deodorants, degreasers and detergents
Raymond Chaplar, president
13a
Aviel Electronics LLC 3060 E. Post Road Las Vegas, NV 89120 702-726-8780 • avielelectronics.com
2000
5
Specialized coax connectors
Craig Wiseman, president
13b
Mil-Interconnect 3040 Clayton St., Suite 100 North Las Vegas, NV 89032 702-726-8780 • mil-interconnect.com
2004
5
Thermocouple contacts
Craig Wiseman, president
13c
Minutemen Press of Las Vegas 1994 2585 E. Flamingo Road, Suite 11 Las Vegas, NV 89121 702-451-0028 • lasvegas.intlminutepress.com
5
Printed materials and promotional items
Gary Goldberg, president
1
10 11 12
* Tronox has operated since 1945 when it was part of the Kerr-McGee Chemical Corp. Tronox purchased the Las Vegas site in 2005. Source: VEGAS INC research. It is not the intent of this list to endorse the participants or to imply that the listing of a company indicates its quality. Although every attempt is made to ensure the accuracy and thoroughness of VEGAS INC charts, omissions sometimes occur and some businesses do not respond. Please send corrections or additions on company letterhead to Julie Ann Formoso, research associate, VEGAS INC, 2275 Corporate Circle, Suite 300, Henderson, NV 89074.
24/7 Private Jet Charter • Free Wi-Fi on all midsize jets • Minutes from the Strip
LAS VEGAS’ PREMIER PRIVATE AND COMMERCIAL JET SERVICE
Book your flight by callling (702) 829.0487 or for more information visit www.cirrusav.com
2ND ANNUAL
•ALL- STAR•
SATURDAY, MARCH 5TH | UNLV MENDENHALL CENTER
Compete for a Cause! Corporate or community teams are welcome. Register a team to play dodgeball or watch all of the action from the sidelines to support underserved children in our community. Go to www.ASASLV.org/dodgeball for more details.
Remember the 5 D’s of Dodgeball:
DODGE, DUCK, DIP, DIVE AND DODGE! Thank you to our event sponsors: