2015-08-23 - vegas inc - las vegas
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v e g a s i n c . c o m | a u g u s t 2 3 - 2 9 , 2 0 1 5
By Danielle Birkin | Special to VeGaS iNc
As senior marketing manager for two of the top shopping destinations on the Strip — Fashion Show mall and the Grand Canal Shoppes, both owned by General Growth Properties — Janet LaFevre strives to stay a step ahead of the pack when it comes to
recognizing trends in Las Vegas’ visitor demographics. ¶ On the international front, LaFevre takes her cues from China. Demographics, continueD on page 15
60Jobs Rimini Street inc., which provides
software support services to more than
1,000 companies worldwide, plans to
add to its las Vegas headquarters. the
company currently employs more than
600 people.
400employees laid off
without notice from
Zirtual, an on-demand
virtual assistant
company with offices in
las Vegas.
Chasing Chinese dollars
saks Fifth avenue marketing associate sophia
song, left, shows off a Roberto Cavalli dress to
Janet LaFevre, senior marketing manager of Fashion
Show and Grand Canal Shoppes. (L.E. BaSkow/StaFF)
Las Vegas is dedicating more resources to attract visitors from the world’s most populous country
05 06 18MEET: BERGER & SON FINE JEWELERSStuart Berger grew up in Las Vegas and learned the jewelry business — and his work ethic — from his parents. His family owned business competes with chain retailers by focusing on customer satisfaction.
THE NOTESPeople on the move, P4
Q&A WITH NOAH STEVENSThe dean of students at Coral Academy of Science Las Vegas discusses the advantages of sending chil-dren to a charter school, his three guiding prin-ciples and one unfortunate snowboarding excursion.
TALKING POINTSSame-sex marriage ruling is just one step to equality, P7
DATA AND PUBLIC INFORMATIONA listing of local bank-ruptcies, bid opportuni-ties, brokered transac-tions, business licenses and building permits.
MORE VEGAS INC BUSINESS NEWSCalendar: Happenings and events, P17
The List: Residential real estate brokerages, P22
NOTEWORTHY STORIES
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LAS VEGAS: HOME TO ‘A WHOLE LOT OF WAL-MART’
If Las Vegas seems to have an endless supply of shopping plazas with big-box stores, restaurants, nail salons and clothing shops , it’s not your imagination: Southern Nevada is the most saturated retail market in the country , according to a recent report by the Directory of Major Malls and Pitney Bowes.
Las Vegas has 44.9 square feet of gross leasable retail space per household. That’s the highest among 54 U.S. metro areas with at least 1.5 million residents .
Las Vegas also has the youngest retail centers in the country, with an average opening of 1999, according to the report, which examined nearly 5,000 shopping
centers nationally, all with at least 200,000 square feet of leasable space.
The fi ndings highlight how overbuilt Las Vegas became during the boom years, when developers, backed by easy money, fl ooded the valley with tract housing, strip malls, offi ce buildings, warehouses and other properties.
Las Vegas not only has a glut of retail space, it also overfl ows with national chains. As of 2012, for instance, the valley had the most Wal-Marts in the country — 19 within 10 miles , according to Forbes magazine.
“For a city of just under 2 million, that’s a whole lot of Wal-Mart,” Forbes wrote.
— ELI SEGALL
CONTENTSVEGAS INC2
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The Penta Building Group hired proj-ect engi-neer Jesse Waddle, project managers Robert An-derson and Cynthia Moore, and office assis-tant Greg Lammon.
Rebecca Oscarson is key ac-counts coordinator at the Valley Electric Associa-tion.
Latoschka Nether and Adam Busto comprise the executive sales team at Redhead Enterprises.
Javier Montano is branch man-ager at Nevada State Bank, 305 N. Nellis Blvd., Las Vegas.
UNLV Engineering doctoral student Erica Marti was among 55 students from the United States who attended the international Lindau Nobel Laureate Meeting in Germany. Marti passed a competitive international selection process judged by members of approximately 200 science academies, universities, foundations and research institutions in more than 50 countries.
James Chapman is an as-surance manager at Stewart Achibald & Barney. He handles accounting audits in various industries.
Karyn Johnson, University of Nevada Cooperative Exten-sion school gardens coordina-tor, and Cooperative Extension were honored by the Clark County School District for school garden programs.
Diane Gandy is president of the Nevada Hotel and Lodging Association. She has been on the association staff since 2012.
Michelle Bacigalupi is assistant general manager, Dan Long is director of marketing and Jenifer Smith is director of advertising and public relations at JW Marriott Las Vegas Resort and Rampart Casino.
Sean Mahoney is vice presi-dent of sales and marketing at Biodermis, which manufac-tures skin care products.
Tapas, Gypsy05, Mint Locker and Pressed Juicery opened at Tivoli Village.
Tom Dietz is director of mar-keting and strategy at Wicked Creative.
Drs. Andrea Kurz, Jonathan Von Koenig, and Katherine Steele joined Nathan Adelson Hos-pice’s fellowship program for the 2015-16 academ-ic year. Kurz is chief fellow. The program is a joint
effort between Nathan Adelson Hospice and Touro University Nevada.
Terry Barnes is assistant proj-ect manager at Grand Canyon Development Partners, focus-ing on the Lucky Dragon Hotel & Casino being built at 300 W. Sahara Ave., Las Vegas.
Noah Herrera of Platinum Real Estate Professionals was among the top 10 agents on the National Association of Hispanic Real Estate Professionals’ list of the Top 250 Latino Agents.
Craig Hunter is a urologist at Urology Specialists of Nevada.
Hikaru “Terry” Izawa is president of JCM Global. Also at JCM, John Garner is chief financial officer, David Kubajak is vice president of operations, and Tom Nieman is vice presi-dent of marketing and interim vice president of sales.
Bridget Phraner is a security loss prevention as-sociate and Megan Lada is a loan operations specialist at the Clark County Credit Union. .
Gus Hoppel is general manager of Mercedes-Benz of Henderson.
Danilo Reher is chief operating officer of Interblock
Paola Gonzalez is a business development officer at Nevada State Development Corpora-tion.
LuAnn Holmes is the Las Vegas city clerk.
Ivan Sanchez is a physical therapist at Matt Smith Physical Therapy’s Nellis clinic, 727 N. Nellis Blvd., Las Vegas.
UNLV President Len Jessup joined the Las Vegas Metro Chamber of Commerce board of trustees.
Garrett Connor is a Colliers International associ-ate in the company’s urban retail division.
Vegas Ink and Toner is the new name of Rapid Refill. The company sells ink and toner cartridges.
Lindsey Stull is a public rela-tions specialist, Stuart Con-nelly is a public relations co-ordinator and Annie Waggoner is assistant public relations specialist at the Firm Public Relations and Marketing.
Xpert Exposition Services, which installs and dismantles trade show booths, is partnering with Urban Expositions, which produces and manages events. Todd Neely, president and CEO of Xpert Exposition Services, said Xpert initially would serve 28 of Urban’s 35 trade shows nationwide.
Chelle Adams is chief financial officer of the Cos-mopolitan.
Rich Justiana is vice president and senior private banking officer at the Private Bank by Nevada State Bank.
The Las Vegas Hospitality As-sociation welcomed new mem-bers, including Flooring Exhib-its, Joseph Krajniak, director of operations; Labor Ready, A TrueBlue Company, Ken Collins, staffing consul-tant; One Queensridge Place, Michael Printy, chef concierge; Rapid Color, Joe Kauffman, account executive; Yardbird Southern Table & Bar, Nicole Ismert, sales and marketing manager.
Delaney Gillian is an engineer and Janelle Mc-Carthy is communications manager at Raster, a software firm.
Tups’ Specialty Sandwich Shop opened at 2381 E. Windmill Lane, Suite 24, Las Vegas.
Oportun, a bank formerly known as Progreso Financiero, opened Las Vegas branches at 2433 E. Tropicana Ave., 3300 S. Decatur Inn Blvd. and 4536 E. Tropicana Ave.
Footware purveyor Aerosoles opened at Fashion Show mall.
Spring Valley Hospital broke ground on a four-story tower that will add up to 144 beds to its facil-ity. Work is scheduled to finish in fall 2016.
Century Gaming Technologies received final ap-proval to release the latest software version of its proprietary Power Vision gaming device to the Nevada market in collaboration with slot manufac-turer Aristocrat Technologies Inc.
The Catamaran and Briova Rx specialty pharmacy, a $42 million facility, opened at the UNLV/Harry Reid Tech Park.
America First Credit Union opened its 13th South-ern Nevada branch at 10608 S. Eastern Ave., Suite E, Henderson.
Cox Business/Hospitality Network set up Wi-Fi technology at the Tropicana that includes 1,467 guest rooms and wired and wireless Internet access inside the 26,000-square-foot Trinidad Pavilion.
US Peach, an HVAC and plumbing service provider, acquired The Honest Plumber, Heating & Air.
Eyes & Optics was recognized by Invision maga-zine as one of the top five 2015 finalists for its an-
nual “America’s Finest Optical Retailers.”
Aristocrat debuted a slot machine featuring Brit-ney Spears.
The Southern Nevada Health District launched an app that shows restaurant inspection grades. It’s available through the Apple Store and Google Play.
Valley Hospital added 28 doctors and fellows to its graduate medical education program. Practic-ing family medicine are Glenn Barnes, Ori DeVera, Mark Donnelly, Amanda Fagan and Justine Suba Cohen. Practicing internal medicine are Shamla Badery, Azadeh Brumand, April Carr, John Garri-son, Ryan Hampton, Kevin Howard, Brandon Jen-sen, Navin Muliyil, Shalin Pandya, Parag Parekh, Young In Park, Thinh Tang, Kelvin Tran, Eugene Van and James Weltman. Practicing neurology are Zeshan Mudasir and Lisa Tartaglio, and practicing orthopedic surgery are Shain Howard and Kevin Sagers. Pulmonary/critical care fellows are Rajiv Amesur and Terrence Andrews, and gastroenter-ology fellows are Brien Miller and Travis Vickers.
vegas inc4
aug. 23 - aug. 29PEOPLE ON THE MOVESend your business-related information to [email protected]
MAHONEY
LAMMON
WADDLE
MOORE
CHAPMAN
ANDERSON
GANDY
MONTANO
BARNES
HUNTER
PHRANER LADA
REHER
CONNOR
JUSTIANA
get to know a local businessSend your business-related information to [email protected]
vegas inc5
Aug. 23 - Aug. 29
Describe your business.
Berger & Son Fine Jewelers is a family owned and operated business with more than 40 years of experi-ence in Las Vegas. As a second-gener-ation jeweler, I learned every facet of the business growing up in the store with my father. I learned everything from designing to repairing, and as I grew older, I found that my pas-sion was in the design and crafting of jewelry and precious gemstones. So when I took over the business in 1998, that was the direction I steered toward.
Who are your customers?
Las Vegas is a world destination, so with my store located inside Fashion Show mall on the Strip, we get people from all walks of life and all corners of the Earth. You never know who will walk through the door. We also have a lot of celebrity clientele, in-cluding entertainers and athletes.
What makes your business
unique?
There are no rules. We do not have to follow the same guidelines as big chain stores. We can do whatever is necessary to make our customers happy.
I believe we were able to survive the economic crisis because of our per-sonal, hands-on approach service. I will do whatever it takes to please the customer, even if that means flying in to deliver an item personally.
What is the hardest part about
doing business in Las Vegas?
Las Vegas is so transient, and you can’t take everybody at their word. There are so many people out there who are focused on what they look like and just want to impress at all costs. And when you are in a mall on the Strip with mostly tourist customers, it is really hard to build long-standing relationships and ex-tremely hard to build loyalty. I’m very loyal and I believe I have some loyalty within the community, but it’s a cutthroat industry. Some people just go to the jeweler who tells them they are giving them the best price, regardless of history or loyalty.
What is the best part about doing
business in Las Vegas?
No two days are alike. It’s exciting to have a turnover of people other than my regular clientele. I have so many first-timers and repeat people
that I see only once or twice a year, it keeps me on my toes. Every day is different.
How can Nevada improve its busi-
ness climate?
I believe we need to start to ap-peal to the manufacturing industry. I am ecstatic Tesla decided to build its factory in Reno, and I think that will be a really great thing for the state. These larger corporations will start to see that our tax benefits and hardworking people make for a vi-able place for big business to thrive. We’ve always been so reliant on the gaming and hospitality industry, I believe this forward momentum will only improve our economy.
What is your business philosophy?
Simple: whatever it takes. I strong-ly believe in the “work hard, play
hard” philosophy. My parents were very hardworking people. Their success got me excited about work-ing hard and being successful, too. I figured out what I was good at, and that’s working with people. I always encourage our customers to come into the store and talk with me per-sonally. Nothing is off limits with me. “No” is not in my vocabulary.
How has the jewelry industry
changed in Las Vegas? When I was growing up in the ’70s,
the jewelry business was all about chains. People were wearing layers and layers of gold chains with dia-mond-encrusted zodiac charms, so it was all about the glitz and the glam-or. Then we went through a period of minimalism in the ’80s and ’90s, where everything was toned down. At the turn of the century, we had a rebirth where the bling and flashi-ness became popular again. We went through another phase of big, bold-looking jewelry. Now we are back to a more traditional, minimalistic look, and everything is more about the quality than the quantity.
What obstacles has your business
overcome?
Definitely the economic crisis that we are still recovering from. As a Las
Vegan, I believe we were one of the hardest-hit economies. I felt so bad for hardworking people with fami-lies to provide for who, all of a sud-den, were let go or their company shut its doors. It was very sad to sit back and still do what I do and watch others who weren’t as fortunate as I was. I am very grateful, and it’s hum-bling to look out to the rest of the city and see just how lucky I am to still be thriving in business and actually taking it to the next level by opening a new store that will be double in size. My new location is being developed and is scheduled to open by January 2016, just five storefronts west of my current store inside Fashion Show.
What did you learn from
the recession?
More is not always better. It doesn’t matter how much you make, it matters how much you save. I need to concentrate on saving more and spending less to continue being successful. On the business side, I learned that if you extend and lever-age yourself too much, it could turn on you and be disastrous. Always re-member things constantly change, but you should never leave yourself vulnerable. Stay small and the right size to flourish within your own business realm.
For family jeweler, ‘there are no rules’
Stuart Berger owns Berger & Son Fine Jewelers at Fashion Show mall. (STEVE MARCUS/STAFF)
berger & son Fine JewelersAddress: 3200 Las Vegas Blvd. South,
Suite 1165Phone: 702-737-7118
Email: [email protected]: bergerandson.com
Hours of operation: 10 a.m.-9 p.m. Monday-Saturday;
11 a.m.-7 p.m. SundayOwned by: Stuart Berger
In business since: 1970
How is Coral Academy different from public schools?
As a charter school, students are able to commute from all across the valley to be a CASLV student. This makes for a diverse student body and allows all stu-dents who are passionate about their academics and STEM (science, technology, engineering and math-ematics) education to apply.
You have 4,000 students on a waiting list. Why do you think parents are so eager about this charter school? More and more, parents are proactively searching for quality schools. Coral Academy continues to achieve tremendous results, earning five-star status and being recognized by the Washington Post as one of the most academically challenging schools in the nation. CASLV also offers a smaller, safe environment for children, with an average classroom size of 20 to 25 students.
How does Las Vegas’ school culture compare to other cities where you have worked?
Previously, I lived in San Diego. The cities are similar in regard to diversity and parent involvement. San Diego also has had a substantial amount of growth recently in the number of charter schools throughout the county.
What is the most rewarding part of your job?What I love about my job is seeing so many of our stu-
dents become successful in both their academics and extracurricular activities. It also has been great to see
our seniors getting accepted to such amazing universi-ties, such as Cornell, West Point and the Citadel.
What do you do after work? I have three children, so my afternoons are spent at
my son’s athletic practices or my daughters’ ballet and cheerleading practices.
Describe your management style.
My three basic principles are punctuality, passion and integrity. If you maintain those, you can accom-plish anything. I’m also a firm believer in allowing others to take their own own approach to things as long as everyone shares a common goal.
Whom do you admire and why?
I admire everyone working in education, but in par-ticular, those who serve on a school board. It is inspir-ing to see such busy individuals devote their time to a school community.
What is your biggest pet peeve? It’s difficult to see students who give up, as it makes
us work that much harder to inspire them.
What is something people might not know about you?
During my one and only time on a snowboard, I went down a black diamond mountain in the Swiss Alps. All was going great as I made it all the way down the moun-tain in one piece... until I crashed into the lodge. I don’t plan on going snowboarding again any time soon.
Five-star education a short drive awayNoah Stevens is dean of students at Coral Academy of Science Las Vegas, a charter school. (L.E. BASkow/StAff)
Q&A with noAh stevens
Coral Academy of Science opened in Las Vegas in 2007, replicating the model of its Reno campus. The school since has grown to three campuses, with plans for further expansion and a growing waiting list of students. That has forced Noah Stevens, dean of students, to balance what he loves — working with children — with equally important administrative duties.
by the numbers
159,000Number of homes develop-
ers plan to build in Coy-ote Springs, a proposed 43,000-acre community
about an hour’s drive north of the Strip.
610,000Square footage of Interna-tional Game Technology’s
headquarters at 355 S. Buffalo Drive, Las Vegas. IGT officials hope to sell
the property by the fourth quarter of this year.
$1.3 billionInternational Game Tech-nology’s second quarter revenue, up 36 percent
from a year ago.
$63Anticipated base fare for an upcoming Allegiant
route between Las Vegas and New Orleans. Nonstop service is expected to start
Nov. 13.
$242Price per share Tesla Motors
has set for its stock. The company plans to offer to the public at least 2.7
million shares to raise cash to help with development of its Model 3, a lower-cost electric car due out in 2017.
$20 millionAmount Tesla Motors CEO Elon Musk plans to buy in
company stock.
$95.7 millionRevenue collected by American Casino and
Entertainment Properties, the company that controls the Stratosphere, during
the second quarter of this year, up 7 percent from a year ago. Revenue from
the Stratosphere rose more than 20 percent year over
year.
$7.4 millionAmerican Casino and
Entertainment Properties’ earnings during the second quarter, compared with $1.7 million during the second
quarter of 2014.
vegas inc6
aug. 23 - aug. 29the interviewSend your business-related information to [email protected]
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.
reader commentSWe want to hear
from you. Visit
vegasinc.com to
post your opinion.
on J.d. morris’
vegasinc.com story
“international Game
technology working
on deal to sell las
Vegas headquarters”:
IGT has made good
progress in shift-
ing all of its North
American manufac-
turing operations to
Reno. Sad for local
employees.
— CynicalObserver
Wait until Switch
gains a footprint
there. They’ll relocate
as well. — NorNev
on the lasvegassun.
com story “Sando-
val: talks with
carmaker Faraday
Future are ongoing”:
A billion to Tesla... .
Now, Faraday. I guess
it’s another billion.
Meanwhile, Nevada
residents are being
asked to pay for in-
creased public safety,
infrastructure and
education. — freepress
Let’s see if Gov. San-
doval is as committed
to the South as he is
to the North. Because
so far, he’s accom-
plished nothing for
Southern Nevada.
— NLVProg
on daniel
rothberg’s lasveg-
assun.com story
“Zirtual ceo claims
worker reclassifica-
tion helped do
company in”:
It’s sad when the
average company
in America tries to
minimize employee
levels because they
default to thinking of
them as a liability and
not either as an asset
or an investment.
— Ned Day
Same-sex marriage ruling is just one step to equality
A s a lifelong advocate for LGBT communities and the advancement of equal rights for everyone, I was ecstatic to hear
of the Supreme Court’s decision to make same-sex marriage a fundamental right across the country. Obergefell v. Hodges forever will be remembered as evidence that “love wins.”
Exciting as it is, marriage equality is just the beginning. On July 24, Congressional Democrats introduced the Equality Act, which would protect all Americans from discrimination on the basis of sexual orientation and gender identity. This legislation is an update to the Civil Rights Act of 1964 and would offer protections in employment, education, housing, public accommodations and where discrimination has been prohibited for other protected groups of people. For example, same-sex couples now can marry in all 50 states, but they don’t have employment protections in 28 states. That would change under this bill.
We at Caesars Entertainment support the Equality Act. However, we can’t rely on the political process alone. After all, it’s unclear whether Congress will take on this legislation. So it’s important that we all take action and leverage the momentum of Obergefell v. Hodges to ensure equal rights extend to everyone.
For us, that means workforce diversity and inclusion, which we believe are the keys to continuing the positive impact of the court’s decision. It’s not only the right thing to do, it positively
affects business performance. According to the Harvard Business Review, research provides compelling evidence that a diverse employee base unlocks innovation and drives growth. And according to McKinsey
& Co., Fortune 500 companies with diverse executive boards enjoy significantly higher earnings and returns on equity.
At Caesars, we want our team to be as diverse as the people we serve. We are proud that more than 32,000 employees (57 percent) are from minority groups, that women make up 41 percent of our management team and that we’ve earned a perfect score in the HRC’s Corporate Equality Index for eight years in a row. Our insistence on hiring highly qualified team members who reflect the rich diversity of our communities represents a true advantage.
Moving forward, my hope is that Obergefell v. Hodges is more than a landmark ruling for the LGBT community. I want its greatest legacy to be equality realized for all Americans. Personally, I’d like to see a purposeful push for gender pay equity and more diverse corporate boards.
Regardless of the issue, merely hoping for change won’t make it happen, nor will relying on governmental legislation alone. It takes all of us working together — individuals and organizations — to make true equality a reality for everyone.
Jan Jones Blackhurst is executive vice president of communications, government relations and corporate responsibility at Caesars Entertainment. She is a former two-term mayor of Las Vegas.
guest column: jan jones blackhurst
vegas inc7
Aug. 23 - Aug. 29talkinG pointS
Send your business-related information to [email protected]
Big changes ahead for MGM ResortsBy j.d. morrisStaff Writer
From Nevada to the East Coast and beyond, the empire of properties controlled by casino jugger-naut MGM Resorts International is in the midst of a major evolution.
On the Strip, MGM is building an entertainment promenade and an arena that could one day host a professional hockey team. In Maryland, Massachu-setts and Macau, the company is spending billions of dollars to construct new resorts.
As it has shifted attention to these projects, MGM has sold — or begun to sell — its interest in four smaller casinos in Nevada. And the company has sig-naled that it’s thinking strategically about the future of its entire real estate portfolio, indicating that a big announcement could come later this year.
Recent attention about MGM’s real estate has fo-cused on the Mirage, after rumors surfaced at the end of July that the company would sell the prop-erty. But when the subject arose during MGM’s latest quarterly earnings conference call, CEO Jim Murren said “the Mirage is not on the market.” He said there was a lot of interest in MGM’s real estate, and he had taken meetings with any “qualified” po-tential buyer for years, but the Mirage was not being actively shopped around.
He did not, however, rule out the possibility that the Mirage could be sold at some later point.
In an interview after the conference call, Murren said he couldn’t be certain about what would hap-pen with the resort in the future. “What I can say with certainty is that we view the Mirage as we do every other property here in Las Vegas: equally in terms of its value, growth prospects and our confi-dence in the management,” Murren said. “For some observers, the Mirage would be a more logical can-didate for sale than other properties. I don’t view it that way at all.”
While the Mirage’s fate remains uncertain, what is clear is MGM wants to boost the value of its real estate. Murren said the company thought its assets were worth more than the market values them, so it was considering “various great strategic options” to close that gap.
One of those options is likely for MGM to adopt a real estate investment trust structure, as other ca-sino companies have done or considered doing. But selling the Mirage isn’t out of the picture.
“At the end of the day, for the right offer, every-thing is for sale,” Union Gaming Group analyst Chris Jones said. “If someone comes knocking at the door with a giant bag of cash, it would be difficult for MGM to ignore that.”
Regardless of what happens with the Mirage, MGM will overhaul another one of its Strip proper-ties: the Monte Carlo. The company announced in July it would build a 5,000-seat theater there — and that’s just the beginning.
MGM’s upcoming arena and entertainment promenade, the Park, sit between the Monte Carlo and New York-New York, which MGM also owns. Murren said after the Park project began moving forward, MGM did “a number” of studies and focus
groups and found that the Monte Carlo brand did not resonate with customers as well as other MGM properties did.
Murren previously had not ruled out a possible name change for the Monte Carlo. Now, he said “a name change is almost a certainty.” MGM is evaluat-ing the resort’s nongaming amenities to determine what the rebranded Monte Carlo could look like, he said.
The new theater should open at the end of next year, and details about the rest of the Monte Carlo’s future will likely emerge before that.
MGM is working on big projects elsewhere, too. Next year, the MGM National Harbor casino is set to open in Prince George’s County, Md., just outside Washington, D.C. The MGM Cotai should open in Macau next year, as well. The company also plans to open the MGM Springfield in Massachusetts, al-though that opening has been delayed until 2018.
MGM has even expressed interest in building a
casino in Atlanta.At the same time it is expanding in some loca-
tions, MGM has withdrawn from others. Earlier this year, MGM completed its sales of the Gold Strike in Jean and the Railroad Pass in Henderson. In July, the company announced it was selling Circus Circus Reno and its half-ownership in the Silver Legacy in Reno.
All of those casinos fell under MGM’s control when it acquired Mandalay Resort Group in 2005, a seminal transaction that also gave the company, then called MGM Mirage, control of Mandalay Bay, Luxor, Excalibur and Circus Circus in Las Vegas.
“It’s not so much that we felt like the growth op-portunities are more or less in those properties — it’s the allocation of management’s time,” Murren said. “It’s just as difficult to run Circus Circus Reno as it is to run Circus Circus Las Vegas.”
It made sense for MGM to sell those smaller casi-nos as long as they went to the right buyer, Murren said.
For UNLV associate history professor Michael Green, the sales made sense in the context of MGM’s record.
“MGM tends to go big: big buildings, big projects, big ideas,” Green said. “And while the Silver Legacy and Circus Circus certainly are big Reno properties, in the overall MGM scheme of things, I’m not sure they fit in that well.”
In MGM’s future development plans, Green also saw traces of Kirk Kerkorian, the company’s found-er who died in June. Kerkorian had a reputation for visionary ideas, having famously built the world’s largest hotel three times over.
Kerkorian, Green said, “did not sit on his hands,” and it appears that MGM isn’t either.
The mirage was rumored to be for sale by MGM Resorts International, but CEO Jim Murren said in a confer-
ence call the company was not shopping around the property. (Las vEGas nEws buREau)
your Business-to-Business newssend your business-related information to [email protected]
next year, the MGM national Harbor casino is set to open in
Prince George’s County, Md., just outside washington, D.C. The
MGM Cotai should open in Macau next year, as well. The company
also plans to open the MGM springfield in Massachusetts,
although that opening has been delayed until 2018.
8aug. 23 - aug. 29vegas inc
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Report finds Nevada homes among most overvalued
County Commission revives More Cops tax proposal
Solar company suspends expansion in Nevada, blames NV Energy controversy
Film tax credit recommended for company producing game show
By Eli SEgallStaff Writer
Nevada homes not only were the most overvalued in the country at the peak of the housing bubble last decade, but prices are among the most inflated now, new data show.
Homes statewide are 15 percent overvalued, tied for highest in the na-tion with North Dakota and Hawaii, ac-cording to analysts with Fitch Ratings.
Reno homes are 20 percent overval-ued; Las Vegas homes, 14 percent.
Rhode Island is at the bottom of the pack among the states and Washing-ton, D.C., with homes 14 percent un-
dervalued.At the peak of the 2000s, Nevada
homes were 48 percent overvalued, the highest in the country. Florida — anoth-er state synonymous with the boom and bust — was second at 43 percent.
Las Vegas homes were 49 percent overvalued at the time; Reno, 45 per-cent.
Every state was inflated at the peak of the bubble, although Oklahoma was the least bloated, with homes just 5 percent overvalued, Fitch says.
The bond-ratings company recently released an interactive map showing its findings.
In late March, Fitch said Las Vegas was the seventh-most overvalued hous-ing market in the nation, as investors pushed up prices amid limited supply and a sluggish economy.
Housing demand in Southern Ne-vada — along with other boom-and-bust areas including Miami and Phoe-nix — has been bolstered by outside buyers. Such markets also have high rates of underwater homeowners, re-stricting the number of properties for sale, Fitch reported.
Small changes in demand have had “an outsized impact on price” in these areas, and growth is “expected to be
more fragile than true demand-based expansion,” Fitch analysts wrote.
Investors swarmed Las Vegas for low-priced homes after the economy collapsed, often turning them into rent-als. They helped the market recover, pushing up prices at one of the fastest rates nationally and raising fears of an-other bubble.
But the buyers caused Las Vegas and other markets to be “dependent on ex-ternal demand sources,” Fitch said in March.
Faced with higher prices, investors have been backing out of the valley, and price-growth has cooled substantially.
By conor ShinEStaff Writer
The controversial More Cops sales tax increase is back on the Clark County Commission’s radar less than a week after the increase’s biggest sup-porter — Tom Collins — abruptly resigned from the board.
The commission could vote on it as soon as Sept. 1.The new proposal would raise the countywide
sales tax by an extra half-cent for every dollar spent. If the hike is approved, the tax rate would increase from 8.1 percent to 8.15 percent, with the new revenues earmarked to hire more officers at Metro Police and the Henderson, North Las Vegas, Boulder City and Mesquite police departments.
The increase would generate about $19.4 mil-lion annually for county police departments, in-cluding $14.6 million for Metro.
The proposed increase is significantly smaller than the increase authorized by the Legislature in 2013.
A deadlocked commission failed to pass the tax several times in 2013 and 2014, with some com-missioners supporting the a larger increase, some supporting a smaller increase and some support-ing no increase at all.
At the commission, a tax increase requires a su-permajority of five votes out of seven to pass.
The next vote will feature a new group of com-missioners.
Collins, who resigned this month citing “family matters,” was the leading proponent in favor of au-thorizing the larger tax increase.
Gov. Brian Sandoval appointed Democratic As-semblywoman Marilyn Kirkpatrick to succeed Collins. Kirkpatrick, who was in her last term due to statutory term limits, played a key role in pass-ing Sandoval’s more than $1.3 billion tax passage earlier this year.
By kylE roErinkStaff Writer
The nation’s second-largest rooftop solar com-pany will suspend its expansion into Nevada be-cause of the ongoing turmoil over the state’s solar cap, according to the company’s latest filings with the U.S. Securities and Exchange Commission.
The news signals that the fracas between NV Energy and the solar industry is deterring new businesses from operating in Nevada.
Vivint Solar, which has operations in 10 states, announced in July that it would expand to Las Vegas. It’s second to SolarCity in number of cus-tomers nationwide.
The company began hiring and opened offices in Nevada, hoping to capitalize on a solar mar-ket that has grown by more than 1,000 percent in the past year.
But that’s all coming to a halt thanks to the fight on net metering, a program allowing solar customers to receive a credit for providing en-ergy to the grid with solar panels.
“Subsequent to entering Nevada, the available net metering was exhausted. As a result, we have suspended operations in Nevada,” the compa-ny’s SEC report said.
Representatives from Vivint didn’t return re-quests for comment. The size of its operations and number of employees in Nevada was not im-mediately clear.
Vivint’s choice to remain out of the market is a signal that it’s waiting to see how the Public Utili-ties Commission will rule on a net-metering cap and other solar regulations in the coming months.
The state limits the amount of customers who may participate in net metering, and NV Energy says the solar industry will max out by the end of the month. More than 3,000 people participate in the program.
The PUC denied a solar-backed measure that would have kept the industry alive once the cap is hit. The PUC said it could find a solution to keep the industry from a standstill.
Solar companies have criticized NV Energy for a proposal it submitted to add new fees and reduce the credit on the power bills of solar customers, saying the utility wants to limit the growth of solar energy.
Led by leasing companies SolarCity and Sun-run, the solar industry in Nevada fears NV En-ergy’s proposals will reduce the benefits custom-ers receive by going solar.
By cy ryanStaff Writer
The Nevada Film Office has recommended a $845,000 tax credit for a Las Vegas company that is producing a television game show that won’t be seen in this state.
Scientific Games Productions already has filmed some of the episodes of “Monopoly Mil-lionaires Club.” A spokeswoman for the film
office said it cannot be shown on television in Nevada because it is tied to a lottery theme. The Nevada Constitution prohibits lotteries.
The company plans to hire 61 Nevadans and 78 workers from out of state. It intends to spend $13 million; including $10.4 million here.
The film office said Scientific Games may re-ceive more than the $845,000 if other film com-panies do not use all of their allotted tax credits.
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10aug. 23 - aug. 29vegas inc
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demographics, from page 1
The average Chinese traveler spends $3,200 during a trip to the United States
“Las Vegas is an evolving city, and we need to ensure we continue to meet the growing demands of our in-ternational customers — specifically the Chinese,” LaFevre said.
According to the Department of Commerce’s International Trade Administration, nearly 2.2 million Chinese visited the United States in 2014, an increase of 451 percent from 2007, as the Chinese inch toward becoming one of America’s leading overseas visitor segments.
Southern Nevada is poised to cap-ture an increasing piece of that pie, as retail centers, entertainment venues, restaurants and casinos tailor their tourism strategies to meet the needs of the Chinese, 300,000 of whom visited Las Vegas in 2014, according to Rafael Villanueva, senior director of international marketing for the Las Vegas Convention and Visitors Authority. It was only as recently as 2008 that the sample size was large enough to track reasonably, Villan-ueva said.
Villanueva says Chinese travelers to the United States tend to spend more than other international travelers — on average, Chinese tourists spend $3,200 per person per trip, according to 2013 figures — and stay longer. In a survey to determine how Chinese travelers spend their vacation days in America, 89 percent cited shopping as a must-do, while 51 percent said fine dining and 13 percent planned to visit a casino, according to the Internation-al Trade Administration.
“Las Vegas is a very service-driven destination, and we must understand who our guests are,” said Villanueva, adding that the LVCVA opened an outlet in Shanghai in 2008 to serve as the organization’s eyes and ears in China. “On the casino side, we’ve been very good at (addressing the needs of the Chinese), but in other hotel operations, we are still learn-ing. As far as shopping centers go, Fashion Show and the Grand Canal Shoppes more than any other proper-ties have taken a very aggressive ap-proach in reaching Chinese tourists.”
LaFevre said those efforts included advertising in luxury publications in China; participating in digital guide-books and promotions; managing a
partnership with China UnionPay, a credit/debit card company; partner-ing with China’s largest online travel agency, Ctrip, and its new Shopping Chic program; and securing the ser-vices of marketing representatives in China through East-West Marketing.
In April, the Active America China trade show hosted more than 200 travel industry guests and 80 travel agents from China. The show was co-sponsored by the LVCVA and the Grand Canal Shoppes, and an open-ing reception was at Fashion Show.
“The Chinese market has been on our radar for years and is critical to the different pieces to our business,” LaFevre said.
Meizhou Dongpo, an upscale Sich-uan restaurant with numerous loca-tions in China, is scheduled to open a 30,000-square-foot flagship location in spring 2016 at the Grand Canal Shoppes. Chinese visitors looking for a taste of home also can choose from other high-end restaurants on the Strip, including Blossom at Aria, Jas-mine at Bellagio, Fin at Mirage, Hak-kasan at MGM Grand, and Wing Lei at Wynn Las Vegas.
As for nightlife, “with hundreds of thousands of visitors coming to Las Vegas from Asia every year, this is ob-viously an important group of guests to consider when booking entertain-ment at our venues,” said Jason Gas-twirth, senior vice president of mar-keting and entertainment at Caesars
Entertainment. “This can be re-flected in both our resident headliners who are also inter-national icons, such as Celine Dion and Brit-
ney Spears, as well as more specific offerings like ‘Jubilee!’ at Bally’s Las Vegas, Show Lo and Kim Bum Soo at the Colosseum at Caesars Palace or ‘Paris By Night’ and Na Ying inside the Axis at Planet Hollywood.”
Most resorts gear up annually for the Chinese New Year, and China-town lies just west of the Strip on Spring Mountain Road.
But since the Imperial Palace was transformed into the Linq ho-tel, there has been a void in Asian-themed properties.
That niche soon will be filled by a pair of resorts being backed in part by Chinese investors. Chinese bank-rolling in Las Vegas has become more common, due largely to the EB-5 gov-ernment visa program that rewards foreign investors with green cards, providing legal residency status for people who make an investment of $500,000 or more in Las Vegas, which is categorized as economically depressed. (The minimum invest-ment in many other areas of the na-tion is $1 million.)
The larger of the projects, Resorts
World Las Vegas, is among the most massive and pricey here in a decade and will be a crucial step in revitaliz-ing the north end of the Strip.
Developed by Genting Group on the site of the former Stardust, the $4 billion, Chinese-themed resort is expected to include 3,500 rooms, multiple towers and 100,000 square feet of gaming space. Genting broke ground in May and is scheduled to open the resort in mid-2018.
“Resorts World Las Vegas’ unique Chinese theme, as well as the multi-tude of accommodation, dining and retail offerings, will cater to visitors from all over the country and the world, including China,” said Mi-chael Levoff, senior vice president of public affairs at Genting. “The number of outbound tourists from China … appears to only be growing. Genting has a loyal customer base from China, the United Kingdom and countless other countries who visit our Resorts World properties around the world. Thanks to these existing relationships, in combi-nation with an innovative product and Las Vegas’ global reputation for world-renowned entertainment, we will grow the overall market and in-crease the number of visitors to Ne-vada.”
The other project, the Lucky Drag-on, will be a 10-story boutique hotel with about 200 rooms on Sahara Av-enue west of the Strip. The resort, designed to create an authentic Far East cultural and gaming experi-ence, is being developed by Andrew Fonfa, who owns the adjacent Allure condominiums. Concrete pouring for the foundation began in May; the project is tentatively scheduled to be completed next year.
Meanwhile, Macau’s casino indus-try continues to decline, reporting 14 consecutive months of slipping gam-ing revenue.
Three major local companies — Las Vegas Sands, Wynn Resorts and MGM Resorts International — op-erate casinos in Macau and are be-ing affected by the slump, which has been attributed to a government crackdown on corruption among of-ficials. The crackdown has scared off high rollers.
The active america china trade show was staged in April at Fashion Show mall.
(courteSy)
gastwirth
your Business-to-Business newsSend your business-related information to [email protected]
vegas inc15
Aug. 23 - Aug. 29
Calendar of eventsMonday, august 24
National Clean Energy
Summit 8.0: Powering Progress
Time: 9 a.m.-6 p.m. Cost: $50 for students,
$250 for general admission
Location: Mandalay Bay Convention Center,
3950 Las Vegas Blvd. South, Las Vegas
Information: Visit cleanenergysummit.org
President Barack Obama and other national
leaders will discuss how to empower Americans
to develop clean-energy supplies, secure greater
energy independence and create jobs.
tuesday, august 25 Convention Services Association luncheon
Time: 11:30 a.m.-1:30 p.m. Cost: $30 for mem-
bers, $35 for nonmembers
Location: Capital Grille at Fashion Show, 3200
Las Vegas Blvd. South, Las Vegas
Information: Visit conventionservicesassocia-
tionlasvegas.org
Scott Russell, senior manager of research at the
Las Vegas Convention and Visitors Authority, will
discuss how to market to millenials.
Institute of Management Accountants Las
Vegas chapter: “The Effects of Marijuana
Legalization”
Time: Networking begins 5:30 p.m. Cost: $40
for members, $45 for nonmembers, $25 for
students
Location: Ferraro’s, 4480 Paradise Road, Las
Vegas
Information: Visit imalvc.com
Whitney Selert of Fisher & Phillips LLP will
discuss possible consequences of marijuana
legalization in Nevada.
The Social Register: Speed networking
Time: 6-8 p.m. Cost: $28 for members, $38 for
nonmembers
Location: Spanish Trail Country Club, 5050
Spanish Trail Lane, Las Vegas
Information: Call Mary Grace Ynigues at 702-
256-0123
Meet business professionals one on one and
enjoy a light buffet dinner.
Wednesday, august 26 Red Rock Democratic Club annual cookout
Time: 6:30-8:30 p.m. Cost: Free
Location: Veterans Memorial Leisure Services
Center, 101 N. Pavillion Center Drive, Las Vegas
Information: Visit redrockdemocrats.org
Meet Democratic elected officials, candidates
and public policy experts.
thursday, august 27 Las Vegas Metro Chamber of Commerce:
Eggs and Issues
Time: 8-9:30 a.m. Cost: $40 for members and
board members, $55 for nonmembers and walk-
ins
Location: Vdara, 2600 Harmon Ave., Las Vegas
Information: Visit web.lvchamber.com
Rep. Joe Heck, R-Nev., will talk about federal
issues that affect Southern Nevada’s business
community.
Small Business Administration workshop:
“Keys to Business Success for Entrepreneurs
50+”
Time: 8:30 a.m.-12:30 p.m. Cost: Free
Location: Small Business Administration office,
300 S. Fourth St., Suite 400, Las Vegas
Information: Register at ecent.eventbrite.com
Shaundell Newsome, owner of Sumnu Marketing,
will discuss his experiences in business and offer
advice to prospective business owners.
Las Vegas Medical Marijuana Association
discussion
Time: 11:30 a.m.-1 p.m. Cost: $40 for members,
$45 for nonmembers, $50 for walk-ins
Location: Lawry’s the Prime Rib, 4043 Howard
Hughes Parkway, Las Vegas
Information: Email [email protected]
Sheriff Joe Lombardo will discuss how the medi-
cal marijuana community can work with law
enforcement in the interest of public safety.
Las Vegas Asian Chamber of Commerce
luncheon
Time: 11:30 a.m.-1 p.m. Cost: $35 for members,
$45 for nonmembers
Location: Gold Coast, 4000 Flamingo Road, Las
Vegas
Information: Visit lvacc.org
Secretary of State Barbara Cegavske will be the
guest speaker.
PRSA Las Vegas Valley chapter meeting
Time: 5:30-7:30 p.m. Cost: $10 for members,
$15 for nonmembers, $10 for students with ID,
$150 for sponsorships
Location: Freeway and Arterial System of
Transportation offices, 4615 W. Sunset Road, Las
Vegas
Information: Visit prsalasvegas.starchapter.com
Learn how the Regional Transportation Commis-
sion of Southern Nevada, Nevada Department of
Transportation and Nevada Highway Patrol com-
municate to keep local traffic flowing.
Conventions ExPECTED
Show LoCATIoN DATES ATTENDANCE
Las Vegas DJ Show Planet Hollywood Aug. 30-Sept. 2 1,500
Gay Days Las Vegas Luxor Sept. 4-14 10,000
Interdrone Rio Sept. 6-12 3,000
Super Mobility week Sands Expo and Convention Center Sept. 9-11 40,000
The Experience Convention and Tradeshow Mirage Sept. 9-11 2,500
Box Fan Expo Las Vegas Convention Center Sept. 12 5,000
SANS Institute - Network Security Caesars Palace Sept. 13-19 1,500
DevConnections Aria Sept. 14-17 1,500
wedding MBA Convention Las Vegas Convention Center Sept. 15-16 2,400
your Business-to-Business newsSend your business-related information to [email protected]
vegas inc17
aug. 23 - aug. 29
vegas inc18
aug. 23 - aug. 29
Records and Transactions
the dataSend your business-related information to [email protected]
BaNKRuPTCIESChapter 7United Family Community ServicesP.O. Box 271288Las Vegas, NV 89127Attorney: Erik C. Severino at [email protected]
Chapter 11Premier Baseball Academy LLC5752 S. Fort Apache Road, Suite 110Las Vegas, NV 89148Attorney: Richard McKnight at [email protected]
BId OPPORTuNITIEStuesday, aug. 252:15 p.m.Agassi Center for Education: Build-ing envelope restoration projectClark County, 603750Sandy Moody-Upton at [email protected]
Wednesday, aug. 262 p.m. Lifesize video conferencing system and related componentsState of Nevada, 8359Marti Marsh at [email protected]
thursday, aug. 272:15 p.m.Hollywood Regional Park: Rest-room and concession buildingClark County, 603736Sandy Moody-Upton at [email protected]
3 p.m.Desert Conservation Program branding projectClark County, 603770Sherry Wimmer at [email protected]
BROKEREd TRaNSaCTIONSsales$3,400,000 for 39,348 square feet, industrial3828 Civic Center Drive, North Las Vegas 89030Seller: Civic Center Properties LLCSeller agent: Jarrad Katz and Galit Kimerling of MDL GroupBuyer: Water Shark Systems LLCBuyer agent: Did not disclose
$1,850,000 for 75 units, residential1511-1521 Casino Center Blvd., Las Vegas 89104Seller: TOD Las Vegas LLCSeller agent: NAI Vegas’ Sauter Multifamily GroupBuyer: J. KatzBuyer agent: Did not disclose
$750,000 for 7,150 square feet, industrial4280 N. Pecos Road, Las Vegas 89115Seller: JJS LLCSeller agent: Jarrad Katz and Galit Kimerling of MDL GroupBuyer: Yack Construction Inc.Buyer agent: Did not disclose
$695,000 for 4,860 square feet, industrial4875 W. Nevso Drive, Las Vegas 89103Seller: Epic InvestmentSeller agent: Brian Riffel of Colliers InternationalBuyer: Kala HoldingsBuyer agent: Joe Leavitt and Chris Lexis of Avison Young
leases$64,133 for 1,980 square feet, office for 24 months7785 W. Sahara Ave., Suite 101, Las Vegas 89117Landlord: Sobel Properties LLCLandlord agent: Soozi Jones Walker and Bobbi Miracle of Com-mercial ExecutivesTenant: EJSM LLCTenant agent: Did not disclose
$18,000 for 1,500 square feet, retail for 14 months900 N. Lamb Blvd., Suite 120, Las Vegas 89110Landlord: CKWY Vegas LLCLandlord agent: Robert S. Hatrak II of Virtus CommercialTenant: Jose Victor Antonio Rodas dba Erik-FitTenant agent: Robert S. Hatrak II of Virtus Commercial
BuSINESS LICENSESUnited Mechanical LLCLicense type: Multi-jurisdiction contractorAddress: 6396 McLeod Drive, Suite 1, Las VegasOwner: William Wood
USACOLicense type: Repair and maintenanceAddress: 3021 S. Valley View Blvd., Suite 111, Las VegasOwner: Stewart Park
Vanita Threading & Henna Art License type: General services (counter/office)Address: 1560 N. Eastern Ave., Suite C11, Las VegasOwner: Vanita Patel
Vantage Motors License type: Automotive sales with minor repairAddress: 3050 Sirius Ave., Suite 104, Las VegasOwner: Wayne Andre McMiniment
Vegas Valley Air LLCLicense type: Multi-jurisdiction
contractorAddress: 9421 Ironsend St., Las VegasOwner: Eric Miller
West Craft Inc.License type: Multi-jurisdiction contractorAddress: 3500 Kilbarry Court, Las VegasOwner: Vicki L. Hall
Wonderland Kids License type: General retail salesAddress: 2901 W. Washington Ave., Suite F111, Las VegasOwner: Opulence Investments LLC
Xandra A. Graviet License type: Real estate salesAddress: 1820 E. Sahara Ave., Suite 101, Las VegasOwner: Xandra Graviet
Z and O Enterprises License type: Residential property maintenanceAddress: 1221 Sandstone View Way, Las VegasOwner: Luis Zuniga and Miguel Ortiz
Zodiabula LLC License type: Art gallery/retailAddress: 418 W. Mesquite Ave., Suite 130, Las VegasOwner: Zak Ostrowski
A&A Towing Inc. License type: Automobile towing serviceAddress: 1395 E. 4th St., Las VegasOwner: Joe Ribar and Drew Ribar
Aaron Batson License type: Real estate salesAddress: 1820 E. Sahara Ave., Suite 101, Las VegasOwner: Aaron Batson
Abrite Pool Service License type: Residential property maintenanceAddress: 2375 E. Tropicana Ave., Las VegasOwner: Abrite Pool Service LLC
Aquarius Plaza License type: Business space rent or leaseAddress: 330 E. Charleston Blvd., Suite 200, Las VegasOwner: 305 Las Vegas LLC
Adrian’s Beauty Salon License type: Cosmetological establishmentAddress: 1284 Miller Ave., Las VegasOwner: Adrian L. Brown and Dar-rell Thomas
Adventure Games Team Building License type: Management or consulting serviceAddress: Did not disclose, Las VegasOwner: Adventure Games Inc.
Alicia Ann WollburgLicense type: Property maintenanceAddress: 27 Nevada Way, HendersonOwner: Alicia Ann Wollburg
Alondra Landscaping License type: Residential property maintenanceAddress: Did not disclose, Las VegasOwner: Luis A. Gutierrez and Evan-gelina Gutierrez
AM PM @ Russell & I95License types: Beer, wine and spir-its; convenience store; gasoline/fuel salesAddress: 5739 E. Russell Road, HendersonOwner: HPRW INC.
American Metal Customs Inc.License type: Automotive parts/serviceAddress: 2450 Losee Road, Suite L, North Las VegasOwner: American Metal Customs Inc.
Ameripro Corp.License type: Multi-jurisdiction contractorAddress: 3281 N. Decatur Blvd., Las VegasOwner: Sergey Skopichev
Annie’s Mystical Psychic Shop License types: Psychic arts, sci-ence; general retail salesAddress: 901 S. Rancho Drive, Suite 12, Las VegasOwner: Annie Williams
Anytime Graphics License type: General retail salesAddress: 1940 E. Sahara Ave., Suite A, Las VegasOwner: Oscar Campos
Aroma Time Worx License type: General retail salesAddress: 2901 W. Washington Ave., Suite D-109, Las VegasOwner: Evia Kountz
Athena’s Jewelry Box License type: General retail salesAddress: 707 Fremont St., Suite 2260, Las VegasOwner: Stella Pappas
Atlantic Air Conditioning & Heating LLC License type: Contractor Address: Did not disclose, Las VegasOwner: Angel Juarez
Attack Pest ControlLicense type: ExterminatorAddress: 3725 Calumet Farm Circle, North Las VegasOwner: Attack Pest Control LLC
Baby Boom Clothing License type: General retail sales
Address: 1717 S. Decatur Blvd., Suite C42, Las VegasOwner: Maria A. Lomas
Blue Perspective Consulting LLC License type: Management or consulting serviceAddress: Did not disclose, Las VegasOwner: Gawain P. Guedry
Body Balance for Performance LLC License type: Instruction servicesAddress: Did not disclose, Las VegasOwner: Arnel Gaspar and Tiffany Gaspar
Burntnic License type: General retail salesAddress: Did not disclose, Las VegasOwner: Burntnic LLC
Cake Azure License type: Food services or cafeAddress: Did not disclose, Las VegasOwner: Holly Webster
Cascade Valley Dental License type: Professional ser-vices, medicalAddress: 7180 Cascade Valley Court, Suite 240, Las VegasOwner: Chad N. Gubler, Casino Direct Ltd.
Casino Gaming School License type: SchoolAddress: 2218 S. Rainbow Blvd., Las VegasOwner: Nick Kallos
Catherine Crawford License type: Real estate salesAddress: 9420 W. Sahara Ave., Suite 100, Las VegasOwner: Catherine Crawford
Central Kitchen & Bath Studio License type: Building, plant nurs-ery and hardware suppliesAddress: 3555 W. Reno Ave., Suite H, Las VegasOwner: Central Arizona Supply Inc.
Charmaine’s Pet Sitting & Personal ServiceLicense type: Personal servicesAddress: 340 Nuevo Court, HendersonOwner: Charmaine Yates
Chipotle Mexican Grill License type: Restaurant Address: 875 S. Grand Central Parkway, Suite 1660, Las VegasOwner: Chipotle Mexican Grill Inc.
Community Services of Nevada License type: Nonprofit commu-nity servicesAddress: 1717 S. Decatur Blvd., Suite B06, Las VegasOwner: Mildred Arroyo McClain and Margaritz Rebollal
vegas inc19
Aug. 23 - Aug. 29
Records and Transactions
the dataSend your business-related information to [email protected]
CPR Society License type: Instruction servicesAddress: 3160 S. Valley View Blvd., Suite 108, Las VegasOwner: Las Vegas CPR LLC
Davis Mueller License type: Independent mas-sage therapistAddress: Did not disclose, Las VegasOwner: Davis Mueller
Dayan’s Bakery & Cafe Inc. License type: Food services or cafeAddress: 2223 N. Rampart Blvd., Las VegasOwner: Eilat Facher
Dazzled by JewelsLicense type: Mail/Internet salesAddress: 4738 Wild Draw Drive, North Las VegasOwner: Rhonda Ogden
Desert Training Group LLC License type: Instruction servicesAddress: Did not disclose, Las VegasOwner: Christopher White and Thomas Moyer
Diamond Hair StudioLicense type: RetailAddress: 2986 St. Rose Parkway, Suite 100, HendersonOwner: Jamie Lee Diamond
Ditronics License type: General services (counter/office)Address: 7699 W. Post Road, Las VegasOwner: Ditronics Financial Services LLC
DLV LLC License type: Secondhand dealer class IIIAddress: 3013 W. Sahara Ave., Las VegasOwner: Benaya C. Simhayoff
E & G Professional Tax ServicesLicense type: BookkeepingAddress: 2831 St. Rose Parkway, Suite 200, HendersonOwner: E & G Professional Tax Services LLC
Edge Neuro Fitness License type: Instruction servicesAddress: 2400 N. Tenaya Way, Las VegasOwner: Edge Neuro Fitness LLC
Elegant Lighting License type: General retail salesAddress: 495 S. Grand Central Parkway, Suite 204, Las VegasOwner: Bin Mai
Elemeno Inc.License type: Instruction servicesAddress: Did not disclose, Las VegasOwner: Ryan Korn
Elite Mobile WashLicense type: Mobile auto detailingAddress: 2919 Atwater Drive, North Las VegasOwner: Jesus J. Guerrero
Elle DesignLicense types: Sales; designer or decoratorAddress: 783 Bolle Way, HendersonOwner: Bouterie Enterprises Inc.
Euphoric Hair Extensions License type: General retail salesAddress: 875 S. Grand Central Parkway, Kiosk 24, Las VegasOwner: Pimp My Hair Inc.
Events With a Twist LLC License type: Alcohol beverage catererAddress: 361 Symphony Park Ave., Las VegasOwner: Jennifer K. Colacion, Events With a Twist LLC
Fayth Worx License type: General retail salesAddress: Did not disclose, Las VegasOwner: Fayth L. Shelton and Tony Shelton
Fidelitone Last Mile Inc.License type: Storage facility, largeAddress: 4620 Mitchell St., Suite E, North Las VegasOwner: Fidelitone Last Mile Inc.
Flores Lawn Care Services License type: Residential property maintenanceAddress: 5350 E. Monroe Ave., Las VegasOwner: Jose Luis Flores
Gabel Distributors License type: Express or delivery serviceAddress: 5985 Hauck St., Suite 107, Las VegasOwner: Gabel Distributors LLC
Gene’s Lock & Security License type: Residential property maintenanceAddress: 69 E. Basic Road, Las VegasOwner: WIIFM Inc
George Tril License type: Real estate salesAddress: 10000 W. Charleston Blvd., Suite 130, Las VegasOwner: George Tril LLC
Global Services License type: Business support serviceAddress: 1900 E. Sahara Ave, Suite 100, Las VegasOwner: The Elia’s Group Inc.
Goodwill Store/Donation Center License type: Nonprofit thrift storeAddress: 6765 N. Durango Drive, Las Vegas
Owner: Goodwill Industries of Southern Nevada
Hacienda Gardens Catering Inc. License type: Alcohol beverage catererAddress: 4250 E. Bonanza Road, Suite 10, Las VegasOwner: Alicia Janette Perez
Handyman ConnectionLicense type: Property maintenanceAddress: 115 Maple St., HendersonOwner: Robert T. Clark Sr.
Health & Fitness Instructor EducatorLicense type: Health and fitnessAddress: 2679 African Violet Ave., HendersonOwner: Leanne Lawlor Dunford
Help Genesis Apartments License type: Nonprofit commu-nity servicesAddress: 1455 N. Main St., Las VegasOwner: Help Las Vegas Housing Corporation
Hid PowerLicense type: Mail order/Internet salesAddress: 3740 Candytuft Ridge Ave., North Las VegasOwner: Javier Perez and Eddie Perez
Hilari Alberto License type: Real estate salesAddress: 8290 W. Sahara Ave., Suite 100, Las VegasOwner: Hilari Alberto
Integrity Rehab Group Inc.License type: Medical officeAddress: 2930 W. Horizon Ridge Parkway, Suite 205, HendersonOwner: Integrity Rehab Group Inc.
It’s Your Party and Pizzeria License types: Restaurant/food court service; beer/wine/spirit on-saleAddress: 4040 W. Craig Road, Suite 117, North Las VegasOwner: Jose J. Martinez
Jason Atiga License type: Real estate salesAddress: 10750 W. Charleston Blvd., Suite 180, Las VegasOwner: Jason Atiga
Jessie Rae’s BBQ LLCLicense type: Nonfarm product vendorAddress: 1600 N. Rampart Blvd., Las VegasOwner: Michael L. Ross
Jimmy Johns #7License type: Restaurant/food serviceAddress: 310 W. Lake Mead Park-way, Suite 100, HendersonOwner: Hodges Enterprises of Las Vegas #7 LLC
Jimmy Johns #9License type: Restaurant/food serviceAddress: 9985 S. Eastern Ave., HendersonOwner: Hodges Enterprises of Las Vegas #9 LLC
Kevin R. Lang License type: Real estate salesAddress: 10000 W. Charleston Blvd., Suite 130, Las VegasOwner: Kevin R. Lang
Kimberly Kae Ford License type: Independent massage therapistAddress: 6569 Netherseal Ave., Las VegasOwner: Kimberly Ford
KMS Landscape MaintenanceLicense type: Property maintenanceAddress: 6164 Westwind Road, Las VegasOwner: KMS Landscape LLC
Kooldeals LLCLicense type: AdvertisingAddress: 456 Wright Way, HendersonOwner: Kooldeals LLC
Las Vegas Hot-Diggity Dachshund Club & Rescue License type: Nonprofit community servicesAddress: Did not disclose, Las VegasOwner: Leilani Ehlers and Kathy Moore
Las Vegas Learning Center License type: Instruction servicesAddress: 3160 S. Valley View Blvd., Suite 108, Las VegasOwner: Daniel Kipnis and Tomer Titzhaki
Law Offices of Andrew Bruce Barton License type: Professional servicesAddress: Did not disclose, Las VegasOwner: Law Offices of Andrew Bruce Barton LLC
Legal CBDLicense type: Medical marijuana support businessAddress: Did not disclose, Las VegasOwner: Scott Manthey, Sean Choy and Nari Osugi
Let It RollLicense type: Sporting goodsAddress: 107 E. Charleston Blvd., Suite 160, Las VegasOwner: Joshua Wheat and Mat-thew Anderson
Lowrys Catering Inc.License type: Alcohol beverage catererAddress: 4125 W. Charleston Blvd. and 1600 S. Jones Blvd., Las VegasOwner: Robert W. Lowry
Luis Ruiz License type: Real estate salesAddress: 10000 W. Charleston Blvd., Suite 130, Las VegasOwner: Luis Ruiz
LV Audio & Customs License type: Automotive garage/service station (minor)Address: 3231 N. Decatur Blvd., Suite 110, Las VegasOwner: Encore Motorsports LLC
Margarita Mendoza License type: Real estate salesAddress: 2620 Regatta Drive., Suite 102, Las VegasOwner: Margarita Mendoza
Maternity Works 1647 License type: General retail salesAddress: 855 S. Grand Central Parkway, Suite 1580, Las VegasOwner: Destination Maternity Corporation
Mejia M. Landscaping and MaintenanceLicense type: Lawn maintenanceAddress: 3112 Van Der Meer St., North Las VegasOwner: Justin Mejia-Aguilar
Mix Zone Cafe License type: Food services or cafeAddress: 2202 W. Charleston Blvd., Suite 5, Las VegasOwner: Thai Zone LLC
Mother to Mother Care LLCLicense type: Personal servicesAddress: 1481 W. Warm Springs Road, Suite 136, HendersonOwner: Mother to Mother Care LLC
Nevada Marble Restoration LLCLicense type: Sales of cleanerAddress: 2846 Lotus Garden Court, HendersonOwner: Nevada Marble Restoration LLC
Odds & Ends Thrift License type: Merchandise brokerAddress: 4460 N. Rancho Drive, Suite A, Las VegasOwner: Alex Sagas
One Perfect Idea Nails & SpaLicense type: Beauty parlorAddress: 3840 W. Lake Mead Blvd., Suite 105, North Las VegasOwner: One Perfect Idea Nails & Spa LLC
Outer Coast SeafoodLicense type: Miscellaneous sales/serviceAddress: 3840 Civic Center Drive, North Las VegasOwner: Outer Coast Seafood LLC
Perfect 32 Dental Care LLC License type: Professional ser-vices, medicalAddress: 2810 W. Charleston Blvd., Suite F56, Las VegasOwner: Maen Hijazi
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vegas inc20
aug. 23 - aug. 29
Records and TransactionsPersonal Touch Janitorial License type: Repair and maintenanceAddress: Did not disclose, Las VegasOwner: Derrick Nelson and Danika Tufo
Powerstrip Productions License type: PromoterAddress: 5028 S. Rainbow Blvd., Suite 106, Las VegasOwner: Kelly Ball
Prime Estate Sales LLCLicense type: Trucking/service vehicleAddress: 1437 Drakewood Ave., North Las VegasOwner: Prime Estate Sales LLC
R Walsh ConsultingLicense type: Writing, editing and proofreadingAddress: 1865 Cypress Mesa Drive, HendersonOwner: Robert V. Walsh
Razec Vending Machine SolutionLicense type: Vending machineAddress: 6213 Hardgate St., North Las VegasOwner: Razkal LLC
Renee Martinez License type: Real estate salesAddress: 777 N. Rainbow Blvd., Suite 120, Las VegasOwner: Renee Martinez
Ring My Dinner Bell License type: Food services or cafeAddress: 6250 McLeod Drive, Las VegasOwner: Ring My Dinner Bell LLC
Rock Your Body Wellness License type: Instruction servicesAddress: 1800 Industrial Road, Suite 130, Las VegasOwner: Katricia Kelly
Roy Nelson Law License type: Professional servicesAddress: 8530 W. Charleston Blvd., Suite 100, Las VegasOwner: Roy L. Nelson III LLC
Building Permits$3,374,944, residential-new740 Dragon Ridge Drive, HendersonSimon Family Trust
$1,500,000, tenant improvement301 Fremont St., Las VegasTre Builders LLC
$1,317,116, commercial building new2385 W. Deer Springs Way, North Las VegasJ. Dapper
$800,000, tenant improvement6210 N. Durango Drive, Las VegasBurnett Haase Construction
$564,900, tenant improvement450 N. Stephanie St., Suite 200, HendersonStoffer and Stoffer Inc.
$480,000, tenant improvement6900 N. Durango Drive, Las VegasSR Construction
$450,000, residential-new3000 Beach View Court, Las VegasLegend Construction & Development
$434,728, residential-new39 Club Vista Drive, HendersonRichard Luke Architects
$328,994, commercial building remodel2360 Corporate Circle, Suite 330, HendersonCorporate Center V LLC
$299,200, commercial building remodel211 N. 8th St., Las VegasSpectrum Construction LLC
$282,795, residential-new1055 College Heights Court, HendersonD.R. Horton Inc.
$273,042, tenant improvement4440 E. Charleston Blvd., Suite 150, Las VegasL M Construction Co. LLC
$248,564, residential-new9781 Arch Canyon Court, Las VegasGreystone Nevada LLC
$233,666, residential-new2876 Josephine Drive, HendersonRichmond American Homes of Nevada
$230,894, residential-new441 E. Mission Drive, HendersonMagnum Contracting LLP
$211,918, residential-new9790 Mosaic Canyon Court, Las VegasGreystone Nevada LLC
$208,432, residential-new9791 Arch Canyon Court, Las VegasGreystone Nevada LLC
$208,432, residential-new9790 Arch Canyon Court, Las VegasGreystone Nevada LLC
$207,166, residential-new7461 Zonal Ave., Las VegasRichmond American Homes of Nevada
$203,258, residential-new12129 Rojo Roma Ave., Las VegasWoodside Homes of Nevada LLC
$194,097, residential-new8421 Canyon Sun Court, Las VegasPulte Homes of Nevada
$193,476, residential-new9791 Mosaic Canyon Court, Las VegasGreystone Nevada LLC
$191,303, residential-new1111 Dufort Hills Court, HendersonD.R. Horton Inc.
$191,303, residential-new541 Trenier Drive, HendersonD.R. Horton Inc.
$183,436, commercial building remodel7300 Aliante Parkway, North Las VegasLedcor Construction Inc.
$180,562, residential-new9946 Shadow Landing Ave., Las VegasPulte Homes of Nevada
$178,494, residential-new905 McKinley View Ave. , HendersonRyland Homes
$178,011, sign911 E. Cheyenne Ave., North Las VegasSuperior Electrical Advertising
$175,090, residential-new8107 Canyon Grassland St., Las VegasWoodside Homes of Nevada LLC
$169,455, residential-new2404 Trevisanti St., HendersonKB Home Nevada Inc.
$168,721, residential-new383 Messina Strait St., Las VegasRyland Homes
$166,274, residential-new9952 Shadow Landing Ave., Las VegasPulte Homes of Nevada
$164,845, residential-new12249 Catanzaro Ave., Las VegasRyland Homes
$163,910, residential-new884 Spring Tide Ave., HendersonKB Home Nevada Inc.
$158,532, residential-new904 McKinley View Ave., HendersonRyland Homes
$158,532, residential-new908 McKinley View Ave., HendersonRyland Homes
$156,702, residential-new2405 Trevisanti St., HendersonKB Home Nevada Inc.
$153,031, residential-new9951 Shadow Landing Ave., Las VegasPulte Homes of Nevada
$150,000, residential-new4242 Mountain View Blvd., Las VegasElizabeth A. Kerby
$150,000, residential-new9209 Empire Rock St., Las VegasJulio Cabello
$149,023, residential-new7045 Solana Ridge Drive, North Las VegasWoodside Homes of Nevada LLC
$149,023, residential-new7049 Solana Ridge Drive, North Las VegasWoodside Homes of Nevada LLC
$149,023, residential-new7057 Solana Ridge Drive, North Las VegasWoodside Homes of Nevada LLC
$149,023, residential-new312 Slaters Glen Court, North Las VegasWoodside Homes of Nevada LLC
$146,497, residential-new7426 Old Compton St., Las VegasGreystone Nevada LLC
$143,616, residential-new1120 Buckhorn Cove St., HendersonBeazer Homes Holding Corp.
$141,564, residential-new912 Everest Peak Ave., HendersonRyland Homes
$141,198, residential-new10739 Hammett Park Ave., Las VegasToll North LV LLC
$141,198, residential-new7348 Banneker Park St., Las VegasToll North LV LLC
$140,924, residential-new11815 Spadari Court, Las VegasPulte Homes of Nevada
$140,924, residential-new112 Colantonio Court, Las VegasPulte Homes of Nevada
$140,170, residential-new8411 Canyon Sun Court, Las VegasPulte Homes of Nevada
$140,170, residential-new8401 Canyon Sun Court, Las VegasPulte Homes of Nevada
$139,734, residential-new693 Fantasy Court, HendersonStorybook Contracting LLC
$139,734, residential-new2496 Dragon Fire Lane, HendersonStorybook Contracting LLC
$139,734, residential-new691 Fantasy Court, HendersonStorybook Contracting LLC
$134,760, residential-new76 Berneri Drive, Las VegasPulte Homes of Nevada
$133,080, residential-new916 Everest Peak Ave., HendersonRyland Homes
$132,996, residential-new6988 Ebbets Field St., Las VegasRyland Homes
$132,796, residential-new105 Berneri Drive, Las VegasPulte Homes of Nevada
$132,796, residential-new113 Berneri Drive, Las VegasPulte Homes of Nevada
$132,491, residential-new4312 Red Fan Palm Court, North Las VegasCentury Communities of Nevada LLC
$132,225, wall/fence224 Antelope Ridge Drive, Las VegasCedco Inc.
$129,700, tenant improvement40 S. Stephanie St., Suite 110, HendersonGolden Creek Construction LLC
$129,476, residential-new909 McKinley View Ave., HendersonRyland Homes
$129,476, residential-new917 Everest Peak Ave., HendersonRyland Homes
$128,644, residential-new948 Miller Canyon Ave., HendersonRyland Homes
$128,644, residential-new928 Miller Canyon Ave., HendersonRyland Homes
$128,644, residential-new944 Miller Canyon Ave., HendersonRyland Homes
$126,908, residential-new7430 Old Compton St. , Las VegasGreystone Nevada LLC
$126,204, residential-new280 Persistence Court, HendersonRyland Homes
$126,054, residential-new10419 Turtle Mountain Ave., Las VegasRyland Homes
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2015 CONTRACTOR OF THE YEAR AWARDS
NOMINATED FIRM __________________________________________________________________________________________CONTACT NAME ___________________________________________TEL _____________E-MAIL ______________________NOMINATING PARTY _______________________________________________________________________________________CONTACT NAME ___________________________________________TEL _____________E-MAIL ______________________CATEGORY _________________________________________________________________________________________________(Categories: Contractor of the Year, Subcontractor of the Year, Associate of the Year, Supplier of the Year, Safest Contractor of the Year, Civil Project of the Year, Building Project of the Year, and J.A. Tiberti Spirit Award. Entrants may submit under more than one category; however, a separate entry form is required for each additional entry. Nominated categories are judged through the following dates: October 2014 to October 2015).
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____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________All entries will be judged by a non-bias, cross-panel of peers, and will be decided upon by myriad of criteria. Entry deadline is September 4, 2015. Winners will be announced during an AGC/NCA awards luncheon on Friday, Oct. 16, 2015. Finalists will be noti-fi ed in advance. Limit one entry in each category per form. All nominees must be an AGC and/or NCA member in good standing. Firms may nominate themselves. No entry fees apply.
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The List
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, 2360 Corporate Circle, Third Floor, Henderson, NV 89074.
Category: residential real estate Brokerages(ranked By 2014 loCal resale volume)
CompanyYear est. locally
2014 sales volume
Homes sold Agents Top executive
1 Realty One Group2831 St. Rose Parkway, Suite 100Henderson, NV 89052702-898-7575 • realtyonegroup.com
2005 $2 billion 9,205 1,644 Kathryn Bovard, corporate broker
2 Berkshire Hathaway HomeServices Nevada Properties3185 St. Rose Parkway, Suite 100Henderson, NV 89052702-796-7777 • bhhsnv.com
1979 $1.6 billion 6,266 1,200 Mark Stark, CEO
3 Coldwell Banker Premier Realty8290 W. Sahara Ave., Suite 100Las Vegas, NV 89117702-877-6200 • lasvegashomes.com
1998 $705.5 million 2,981 235 Bob Hamrick, chairman, CEO; Molly Hamrick, president, COO
4 Realty Executives of Nevada1925 Village Center CircleLas Vegas, NV 89134702-873-4500 • realtyex.com
1989 $450.5 million 1,698 50 Fafie Moore, president, broker-owner
5 Keller Williams Realty - The Marketplace2230 Corporate Circle, Suite 250Henderson, NV 89074702-939-0000 • kw.com
1989 $284.1 million 1,690 241 Rick Brenkus, owner
6 Windermere Prestige Properties1401 N. Green Valley Parkway, Suite 200Henderson, NV 89074702-432-4600 • windermerenevada.com
2004 $239.9 million 287 87 Robyn Yates, broker, owner
7 Luxury Homes of Las Vegas7854 W. Sahara Ave.Las Vegas, NV 89117702-216-4663 • luxuryhomesoflasvegas.com
1999 $105 million 295 20 Kenneth Lowman, broker, owner
8 General Realty Group6330 S. Eastern Ave., Suite 2Las Vegas, NV 89120702-736-4664 • generalrealty.com
1992 $55 million 405 120 Jay Dana, corporate broker, president
9 Century 21 Consolidated2820 Flamingo RoadLas Vegas, NV 89121702-732-7282 • c21consolidated.com
1983 $45 million 320 32 Bette Leal, broker, owner
10 Keller n’ Jadd2445 W. Horizon Ridge ParkwayHenderson, NV 89052702-315-1922 • vegas4rent.com
1987 $15 million 428 10 L.J. Shea, director of sales
Vegas inc22
aug. 23 - aug. 29
Steve MarcuS/Staff file
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