VEGASINC.COM | MARCH 8 - MARCH 14, 2015
Rose Mata, general manager of a Verizon Wireless Smart Store in Las Vegas, is pursuing a business management degree with the help of her employer. (MIKAYLA WHITMORE/STAFF)
Investing in employees Businesses see rewards in helping their workers attain goals in higher education BY ASHLEY OÑOZ-WRIGHT | SPECIAL TO VEGAS INC
Most days, 33-year-old Rose Mata can be found at the Verizon Wireless Smart Store on Nellis Boulevard. ¶ Mata, the store’s general manager, and her staff teach customers about the latest wireless technology and guide them in buying mobile devices. The store hosts wireless workshops that show people how to manage their smartphones and iPads. ¶ But after the store closes, Mata switches roles. She becomes the student. For the past year and a half, she has pursued a TUITION ASSISTANCE, CONTINUED ON PAGE 11
$186.49 $300M Closing price March 3 for a share of stock in Allegiant Travel Co., up 89 percent from a year ago and 433 percent from March 2009, when the stock market hit bottom during the recession.
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Settlement in a lawsuit against Bank of America by lenders who helped finance construction of the failed Fontainebleau.
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2 THE SUNDAY VEGAS INC MARCH 8 - MARCH 14
CONTENTS PUBLISHER Donn Jersey (donn.jersey@gmgvegas.com)
EDITORIAL
NOTEWORTHY STORIES
06 08 14 MEET: VOM FASS
From rare cognacs to exotic oils and fruit vinegars, a new family-owned shop on the Strip bills itself as a candy store for adults. Kim and Gary Weiss make it a point to bring unusual flavors to Las Vegas, and do it in a way that’s sustainable.
ALLEGIANT AIR STOCK SOARING
The low-cost carrier has managed to increase its price per share more than 400 percent since March 2009. THE NOTES Giving, P4
TALKING POINTS Celebrate women’s impact in the tech industry, 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, P13 The List: Private schools, P18
EDITOR Delen Goldberg (delen.goldberg@gmgvegas.com) MANAGING EDITOR Dave Mondt (dave.mondt@gmgvegas.com) DIGITAL EDITOR Sarah Burns (sarah.burns@gmgvegas.com) DEPUTY MANAGING EDITOR, NEWS Ellen Fiore (ellen.fiore@gmgvegas.com) STAFF WRITERS Andrea Domanick, Ana Ley, J.D. Morris, Amber Phillips, Kyle Roerink, Cy Ryan, Eli Segall, Conor Shine, Jackie Valley, Katie Visconti, Ian Whitaker COPY DESK CHIEF John Taylor COPY EDITORS Brian Deka, Jamie Gentner SPECIAL PUBLICATIONS EDITOR Craig Peterson DIGITAL COORDINATOR Adelaide Chen EDITORIAL CARTOONIST Mike Smith LIBRARY SERVICES SPECIALIST Rebecca Clifford-Cruz RESEARCHER Pashtana Usufzy OFFICE COORDINATOR Nadine Guy
ART ASSOCIATE CREATIVE DIRECTOR Liz Brown (liz.brown@gmgvegas.com) ART DIRECTOR Scott Lien 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 COORDINATORS Kashmir Owens, Karen Parisi ADVERTISING DIRECTOR Jeff Jacobs EXTERNAL CONTENT MANAGER Emma Cauthorn ACCOUNT MANAGERS Katie Harrison, Breen Nolan, Sue Sran ADVERTISING MANAGERS Brianna Eck, Danielle El Kadi, Frank Feder, Kelly Gajewski, Kenneth Harmon, Trasie Mason SALES ASSISTANT Denise Arancibia EXECUTIVE ASSISTANT Kristen Barnson
MARKETING & EVENTS DIRECTOR OF EVENTS Kristin Wilson EVENTS COORDINATOR Jordan Newsom
ALL THESE CONVENTIONS ARE GOING TO NEED SPACE Convention business is expected to deliver hundreds of millions of dollars to Southern Nevada this year. Two new shows and 10 rotating conventions are expected to draw a combined 242,000 people and generate nearly $315 million in economic impact. Magic: The Gathering Tournament for tradable card enthusiasts will be held in May, and the American Academy of Ophthalmology’s annual conference is planned for November. Las Vegas is in the “group business” business. Among the returning shows: the National Business Aviation Association Convention, Packaging Machinery Manufacturers Institute’s Pack Expo, International Sign Association Expo, Waste Expo and Association of Woodworking & Furnishing Suppliers Fair. Although Las Vegas hosts more than 22,000 meetings and conventions annually, more are merrier — and better for our economy. Maybe the Las Vegas Convention and Visitors Authority is onto something with its plan to demolish the Riviera and expand onto the property.
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, Carlos Herrera TRAFFIC SUPERVISOR Estee Wright TRAFFIC COORDINATORS Kim Smith, Meagan Hodson
CIRCULATION DIRECTOR OF CIRCULATION Ron Gannon ROUTE MANAGER Joel Segler
GREENSPUN MEDIA GROUP CEO, PUBLISHER & EDITOR Brian Greenspun CHIEF OPERATING OFFICER Robert Cauthorn GROUP PUBLISHER Travis Keys EXECUTIVE EDITOR Tom Gorman MANAGING EDITOR Ric Anderson CREATIVE DIRECTOR Erik Stein VOLUME 2, ISSUE 9 Vegas Inc, 2360 Corporate Circle, Third Floor, Henderson, NV 89074 is published each Sunday except the last Sunday of the year by Greenspun Media Group. Application to Mail at Periodicals Postage Prices is Pending at Henderson, NV and at additional mailing offices. POSTMASTER: SEND ADDRESS CHANGES TO: Vegas Inc Greenspun Media Group 2360 Corporate Circle, Third Floor Henderson, NV 89074 702.990.2545 For inquiries, write to: Vegas Inc 2360 Corporate Circle, Third Floor Henderson, NV 89074 For back copies: Doris Hollifield at 702.990.8993 or e-mail at doris.hollifield@gmgvegas.com For subscriptions: Call 800.254.2610, or visit vegasinc.com. For annual subscriptions, $50. For single copies, $3.99.
— ELLEN FIORE
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GIVING
THE SUNDAY VEGAS INC MARCH 8 - MARCH 14
Send your business-related information to news@vegasinc.com
Foundation during the winter holiday season. The travel company flew more than 150 children to their wish destinations in 2014.
Popcornopolis donated 500 bags of popcorn to the Douglas J. Green Memorial Foundation’s “Munchies for the Military” program. Green, 23, died in 2011 during his second tour of duty in Afghanistan. His mother, Suni Erlanger, created the foundation and the “Munchies for the Military” drive to send care packages to deployed troops.
Darin Feinstein, founder of Fat Bar and owner of three local FatBurger restaurants, hosted a holiday lunch for Shade Tree residents. He also matched customers’ donations to the group, pledging up to $10,000.
City National Bank and Barnes & Noble collected books for local schools. City National also matched each book received with a monetary donation, pledging up to $100,000. The ongoing partnership has awarded more than $800,000 to teachers for literary projects. Vegas Stylez Hair Salon gave free makeovers to women in Shade Tree battered women’s program.
The 2014 Balloons With a Twist and HalloweenMart 20th Anniversary celebration and fundraiser generated almost $3,000 for Aid For AIDS Nevada, Candlelighters Childhood Cancer Foundation of Nevada, Create A Change Now and Legacy X. America First Credit Union donated $10,000 each to Christmas Box International, The Road Home, SafeNest, St. Anne’s Homeless Shelter, YCC of Northern Utah, Cathedral of the Madeline Good Shepherd Program, SHARE, Inc., Catholic Community Services and the Joyce Hansen Hall Food Bank.
More than 25 FirstService Residential employees volunteered with Cheyenne’s Magical School Bus Tours, which enables local students from at-risk elementary schools to visit the Magical Forest at Opportunity Village.
trict received $28,000 from the NV Energy Foundation to upgrade computers at City Hall Library. The foundation also gave $10,000 to Goodwill of Southern Nevada’s Work Readiness Program, which holds workshops for job seekers.
Nevada State Bank underwrote $30,800 for the Las Vegas Veterans Memorial. Fifty-five bricks will be inscribed with the name of a service member from Nevada who served in Iraq or Afghanistan and who died since Sept. 11, 2001. The memorial will be built at the Grant Sawyer Building. The bank also awarded a $20,000 Access to Housing and Economic Assistance for Development Grant to James Seastrand Helping Hands of North Las Vegas to help low-income seniors. Advertising agency Robertson+ Partners unveiled its “Be Positive” campaign, which encourages community members to perform random acts of positivity and share them at facebook.com/bepositiveLV. The Las Vegas Speedway Children’s Charities awarded $5,000 to Candlelighters Childhood Cancer Foundation of Nevada. The money will be used for the Travel for Treatment program, which helps cover travel expenses for children diagnosed with cancer when treatment is unavailable in Southern Nevada. Army Spcs.Jamie Olson and Larry Lemieux, graduates of the College of Southern Nevada’s air conditioning technology program, won the first two toolkits awarded through the Kenneth Goodrich CSN Post9/11 Veteran HVAC Employment Program. The kits include tools and diagnostics worth more than $1,000 that are necessary to start a career in the HVAC field. Orangetheory Fitness Village Square at The Lakes and Anthem in Henderson donated airline miles to Let’s Bring ‘Em Home, a group that helps U.S. servicemen and women come home for holidays.
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Members of the Greater Las Vegas Association of Realtors donated nearly $30,000 to several local charities: Catholic Charities, Family & Child Treatment, Foreclosed Upon Pets, Nevada Homeless Alliance, Nevada Partnership for Homeless Youth, Pet Awareness & Welfare Services, Project 150, Shade Tree, Street Teens, Walter Hoving Home, Safe Nest and Big Brothers, Big Sisters.
The Public Education Foundation and Payless ShoeSource gave $20 shoe coupons to 300 students from Rex Bell, Crestwood, Paul Culley, Hollingsworth, Matt Kelly, J.T. McWilliams and John S. Park elementary schools. At a separate event, Mandarin Oriental donated $17,000 to the foundation to fund a school-supply resource center that saves teachers hundreds of dollars annually in out-of-pocket expenses. The Las Vegas Hospitality Association gave gift bags to 300 students at Richard C. Priest Elementary School. The gift bags included shoes, socks, a coat, a sweater or shirt, a blanket, toys, books and other items.
The Providence master planned community donated almost 1,600 cans of food to Three Square Food Bank. The Nellis Support Team donated $15,000 to Operation Warmheart for the “Adopt-A-Family” program, which provides food and toys to needy military families at Nellis and Creech Air Force Bases. Bally employees, in partnership with the Nevada Childhood Cancer Foundation, raised more than $15,000 for five families in Southern Nevada. Henderson Hyundai Superstore donated $4,000 to Stop DUI, dedicated to bringing awareness to the consequences of intoxicated driving.
New Song Church hosted a donation drive for the Nevada Partnership for Homeless Youth and collected a truckload of clothing, gift cards, toiletries and other items, as well as almost $1,000.
Bank of America donated $25,000 to Three Square Food Bank, the equivalent of 75,000 meals. The bank also awarded $136,700 to 10 local nonprofits that provide disaster aid, homelessness assistance and hunger relief.
Adolfo Quintero, co-owner of AGR Group, was among the executives who gathered with Marines at an annual dinner to celebrate the Toys for Tots Literacy Program. Attendees donated more than 100,000 books.
Baby’s Bounty received 125 car seats from K.I.D.S./Fashion Delivers, which collects new merchandise from retailers for families living in poverty.
The North Las Vegas Library Dis-
Allegiant Air provided travel for 33 children involved with Make-A-Wish
Matt Smith Physical Therapy collected almost 300 toys for the Light of the World Childhood Cancer Foundation, which offers spiritual, emotional and financial support to childhood cancer patients. Fremont Street Experience donated $15,068 to Opportunity Village. The Consumer Electronics Association donated $100,000 to Green Our Planet, Green Chips and Touro University to advance their work in energy efficiency. International CES exhibitors donated display and exhibit materials to Habitat for Humanity, Opportunity Village and Teacher Exchange. The Caesars Foundation, AARP Foundation and Meals On Wheels Association of America created application assistance software for the Supplemental Nutrition Assistance Program. The Caesars Foundation gave $150,000 to the pilot program, which will use tablet technology to assess eligibility and, where possible, complete and submit applications for benefits. Right Now Air, an HVAC services provider, donated $1,500 to U.S. Vets-Las Vegas to provide supplies and warm clothing for almost 195 homeless veterans. Mercadito Red Rock at Red Rock Resort sold tacos created by guest chefs to raise money for Share Our Strength, which aims to end childhood hunger. Participating chefs include John Gremo, Rick Moonen, Kim Canteenwalla, Alex Stratta and Patricio Sandoval. After-School All-Stars Las Vegas received several donations to help the organization provide free afterschool academic and enrichment programs to more than 5,500 underprivileged students in Clark County. Coca-Cola North America donated $20,000; Steven and Patricia Mizel donated $20,000; Jesse Waits donated $10,000; the Cashman Family Foundation donated $5,000; Elaine Wenger-Roesener donated $5,000; the Riseman Foundation donated $5,000, and the Sharon L. Bridwell Charitable Trust donated $3,500.
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GET TO KNOW A LOCAL BUSINESS
THE SUNDAY VEGAS INC
Send your business-related information to news@vegasinc.com
MARCH 8 - MARCH 14
BY THE NUMBERS
$200,000
Median price of a single-family home resale in January, according to the Greater Las Vegas Association of Realtors, up 70 percent from early 2012, when the Las Vegas housing market hit bottom.
2,992
Single-family homes flipped in Southern Nevada last year, down 19 percent from 2013, according to RealtyTrac.
$576.8 MILLION Gaming revenue on the Strip in January, up 15 percent from January 2013.
$4 MILLION
Approximate cost, per store, to convert six local Food 4 Less grocery stores to Smith’s Food and Drug stores.
Kim Weiss owns Vom Fass, which sells whiskeys and liqueurs on tap and lets shoppers sample them before purchasing. The company also sells wine, specialty oils and vinegars. (STEVE MARCUS/STAFF)
At rare family store on the Strip, ‘each product has a story’ Describe your business.
800
Number of former Food 4 Less employees hired by Smith’s.
$8 MILLION
Sales price of an 8,900-square-foot mansion in the Ridges, the most expensive home resale in the valley last year.
$10,000
Sales price of a 776-square-foot unit in the Desert Garden condominium complex, the cheapest home resale in the valley last year.
$970
Typical union worker’s weekly pay in 2014, compared with $763 for a nonunion worker, according to the Bureau of Labor Statistics.
3.3 MILLION
Passengers who passed through McCarran International Airport’s gates in January, an increase of 0.3 percent from January 2014.
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Our shop is like a candy store for adults, where you get to come in and taste these products we have collected from around the world – from single-malt, single-cask scotches to whiskeys, cognacs and brandies, to extra virgin olive oils from the Mediterranean, to vinegars from Italy and Germany and France to spices like truffle salt, orange pepper, garlic pepper and bruschetta spice.
VOM FASS LAS VEGAS Address: 3377 Las Vegas Blvd. South inside the Grand Canal Shoppes at the Venetian (near Tao) Phone: 702-388-2022 Email: info@vomfasslasvegas.com Website: vegas.vomfassusa.com Hours of operation: 10 a.m.-11 p.m. Sunday-Thursday; 10 a.m.-midnight Friday-Saturday Owned/operated by: Kim and Gary Weiss In business since: February
What are some of your most unusual liquors, oils and vinegars?
We have a Bunnahabhain 24-year single-malt, singlecask scotch from Islay that is bottled at 43 percent alcohol by volume with no caramel coloring and no chill filtering. We also have a Cognac Cuvee Paradis from the Grande Champagne region of Cognac, made by the Seguinot family, which has been making cognac since 1890. All of our fruit vinegars are unique; they are made completely out of just fruit — so they taste just like fruit. What makes your business unique?
Each product has a story. This business is about providing the best, but in a way that makes the world a better place. The Moroccan oil is made by a consortium of Moroccan tribal women to raise their economic circumstances. The calamansi vinegar is in our portfolio as a way of supporting a Filipino orphanage. The apple vinegar, which started the company, is a product of trying to preserve a heritage apple tree, Bodensee apple, that is native to Bavaria. We need to find a way to create a product that will provide the farmers a sustainable price so they won’t
cut their apple trees down and grow these GMO apples that look pretty but don’t have as much flavor. Everything that we do is very purposeful. What’s the most important part of your job?
Customer service. It really is that simple: This is not rocket science. This is about treating people like they’re special, because they are; about giving them the best, because they deserve it; and at the same time, treating the world and the people who produce the products in a way that is respectful and allows them to continue to do that.
What is the best part about doing business here?
This is a crossroads of the world where people come for fun and excitement, and we’re excited to be a part of that because we think we provide a unique experience. What obstacles has your business overcome?
We feel very blessed to have this opportunity, but a lot of it was about having the hutzpah to ask. You don’t find many family-owned businesses on the Strip, and it took a certain amount of hutzpah for us to even ask. How can Nevada improve its business climate?
There are a lot of barriers to entry in Nevada, but a lot of it is just figuring out exactly all the licenses you need, all the hoops you need to jump through, all the people you need to talk to. This is our third store in our third state, and we found Nevada to be very highly regulated. If there were a way to streamline that, it would reduce the barriers to entry significantly.
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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 Conor Shine’s lasvegassun.com story “Mayor Goodman, Anthony wrangle over stadium issue in radio debate”: Independent academic studies have consistently failed to find any economic development benefits justifying public subsidies. — Fair Balanced Bat Boy On Eli Segall’s vegasinc.com story “House flipping in Las Vegas has scaled back but continues to be lucrative”: A lot of new flippers come in and get stuck in houses and risk an awful lot to make very little or even lose some with a miscalculation. — RichardoTubbs
THE VEGAS SUNDAY INC MARCH MARCH 88 -- MARCH MARCH 14 14
Celebrate women’s impact in tech industry
L
much higher number this year. ori Nguyen remembers attending a Nominees from all sectors are welcome in all tech-industry trade show 20 years categories. ago in Las Vegas and assessing the “The Rising Star award, for example, doesn’t crowd. need to be a startup,” Nguyen said. “A woman “It was 85 percent men,” said Nguyen, who could have accomplished a great deal in a short now owns three local tech businesses. time or established a business in a new market.” Today, the share of Las Vegas women in Nationally, women who hold jobs in STEM tech jobs is vastly improved — some research (science, technology, engineering and suggests the percentage is higher here than the ELLEN mathematics) fields earn about 30 percent more national average — as Las Vegas and Nevada FIORE than women who work in other professions, embrace the tech sector. From the startups according to the White House Office of Science funded by Tony Hsieh’s Downtown Project to and Technology Policy. But while women have Switch’s plan to build millions more square feet about half the jobs in the nation, they account for fewer than for data storage, a strong tech industry has emerged. 25 percent of STEM jobs, the Commerce Department found. Nguyen, who owns HiTech Vegas, and her colleagues at The goal of the Women in Technology Awards program Girls in Tech and Women Advancing want the women who is to recognize women’s accomplishments and encourage are vital to that development to be recognized. others to pursue tech careers. The companies are collaborating on the second Las “A lot of women in tech fields can be isolated,” Nguyen Vegas Women in Technology Awards, which honor women said. “Either they’re self-employed or just go-go-go. This who have influenced the tech industry, demonstrated gives them a platform to collaborate, to celebrate their innovation and initiative and dedicated themselves to achievements and to share projects and ideas they’ve been furthering the industry and others in it. working on.” Applications are being accepted through April 15. Awards So, Las Vegas, here’s a chance to shine a spotlight on will be given in five categories — High Tech Woman of the Year, the women helping our tech industry grow and thrive. Rising Star, Community Service, Entrepreneur and Mentor. Visit vegaswomentechawards.net to nominate the worthy Last year, when the window for applications was shorter, women you know. about 200 people were nominated. Nguyen hopes to draw a
SMITH’S WORLD
Mike Smith is an award-winning editorial cartoonist who also draws for the Las Vegas Sun. His work also is distributed nationally by King Features Syndicate. See archives of his work at lasvegassun.com/smithsworld.
On Eli Segall’s vegasinc.com story “A tale of two ‘bargains’: One Las Vegas home sold for $8M, another sold for $10K”: Does this behemoth come with its own nuclear reactor to keep the bank of industrial AC units purring in August? — topangapalooza On the bright side, somebody was able to purchase a reasonably priced home (though in a highly suspect neighborhood) without too much debt. Or any debt. If they can remain safe and keep the domicile secure, it might be a great return on investment. — BuskinTederodemowitz
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YOUR BUSINESS-TO-BUSINESS NEWS
THE SUNDAY VEGAS INC
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MARCH 8 - MARCH 14
Allegiant’s fares stay low while its stock price soars BY ELI SEGALL STAFF WRITER
If a family of four in Missoula, Mont., were to fly to Las Vegas for vacation this May, they’d pay at least $560 for tickets on budget carrier Allegiant Air. Not a bad deal — or they could scrap the getaway and buy a mere three shares of Allegiant’s ever-soaring stock. The Las Vegas-based company, known for its cheap fares, large menu of add-on fees and consistent profits, is smaller than other carriers but has the highest-priced stock among U.S. airlines. It’s not the only one performing well, as the airline industry is popular with investors, despite aggravating fliers with cramped planes and extra charges. Shares of Allegiant Travel Co., the carrier’s parent, closed Feb. 27 at $183.62 apiece. That’s up 87 percent from a year ago and more than 400 percent from March 2009, when the stock market hit bottom during the recession. The rise has been a boon to shareholders, including majority owner and CEO Maurice “Maury” Gallagher, and has little, if any, direct benefit to the average flier. But shares keep rising in no small part because Allegiant has been profitable for 12 consecutive years while other carriers have gone bankrupt, been swallowed by rivals and slashed domestic service. Firmly in the black, Allegiant has been flying more routes and buying more planes while keeping its fares far below industry average. “It’s just been so consistent. They’ve never really had a down year that was serious like the rest,” Imperial Capital analyst Bob McAdoo said. Some airlines’ stocks have grown faster since the market bottomed out. Alaska Air Group traded at $3.49 per share at the time and is now at $63.65. But no one’s stock price is higher than Allegiant’s, Stifel Nicolaus analyst Joe DeNardi said. Not all analysts think the stock will keep climbing, though. Helane Becker of Cowen and Co. expects Allegiant to dip to $172 in the next six to 12 months, saying it’s “kind of problematic” when the airline offers tickets for next to nothing, as it did late last month with promotional airfare as low as $29 oneway. But others say the stock price will only go up. DeNardi said Allegiant, which flies leisure travelers from small, underserved cities to warm-
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An Allegiant Air jet takes off from McCarran International Airport. The highly profitable airline based in Las Vegas is adding Airbus jets to its fleet, which is composed primarily of aging MD-80s. (ASSOCIATED PRESS FILE)
ALLEGIANT TRAVEL CO. PROFITS, 2004-14 $100M
$80M
$60M
$40M
$20M
$0
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but since buying “three or weather vacation spots four shares equals the price with almost no competiof a vacation, they’d probtion on its routes, has “the ably balk,” Deutsche Bank best business model in the Securities analyst Michael industry.” He said its stock Linenberg recently said. could reach $220 a share by Linenberg, on a conferearly next year. ence call with analysts and One reason it outweighs GALLAGHER Allegiant executives, asked larger rivals such as SouthGallagher if he thought about splitting west and Delta is because Gallagher, and making the stock more affordable. unlike other airline bosses, has not “Does that make any sense, or are split his company’s shares. For inwe on the Warren Buffett, Berkshire stance, if you had one share worth Hathaway path?” he asked. $100, you could then have two at $50 Buffett, the famed billionaire ineach, making it cheaper for mom-andvestor, hasn’t split his conglomerate’s pop buyers but not diluting existing Class A shares, which are now worth investors’ holdings. $222,250 each. More than a few fliers complain Gallagher said the board has “had about Allegiant — it ranked last debates” about splitting but “it’s hard among U.S. carriers a few years ago for to get a consensus,” adding that the on-time arrivals and charges for onstock has increased tenfold in eight board drinks, small carry-on luggage years. and boarding-pass printouts at the “It’s been good,” he said. airport. There are fliers who enjoy the Gallagher owns roughly 20 percent airline and probably want to invest,
of the company’s stock. The other main shareholders as of last spring were investment firms T. Rowe Price Associates, with a 15.1 percent stake; Renaissance Technologies, at 7.2 percent; and BlackRock, at 6.9 percent, according to a securities filing. Big investors are happy with Gallagher, his airline and his dividend payments, and they aren’t looking to sell their holdings, analyst Becker said. Asked if it would help if Gallagher opened the stock to average buyers, Becker said, “I don’t think he really cares who owns the stock.” Despite its higher stock price, Allegiant’s size and market value — $3.2 billion as of Feb. 27 — pale in comparison to larger carriers that fly hundreds more planes and have issued hundreds of millions more shares than Allegiant. Delta Air Lines’ stock closed at $44.52 on Feb. 27, valuing the carrier at $37.7 billion. Shares of Southwest Airlines, the busiest carrier by far at McCarran International Airport, were worth $43.24 each, giving the company a $29.8 billion market value. And United Continental Holdings’ stock closed at $65.13, valuing the airline at $25.9 billion. Unlike Allegiant, other airlines have split their shares. Southwest, for example, split 14 times between 1977 and 2001. “Southwest kept splitting time and again to keep the price down,” McAdoo said. Larger carriers aren’t aiming for big growth spurts, he said, but Allegiant added 25 routes last year and unveiled 22 more in late February. It’s also adding aircraft. Allegiant, with a fleet largely composed of aging MD-80s, is buying Airbus jets in a shift to newer planes that don’t guzzle as much fuel. The company is poised to have 80 aircraft — 53 MD-80s, six Boeing 757s and 21 Airbus A319s and A320s — by year’s end. It expects to grow to 103 aircraft by the end of 2018 by acquiring 23 more Airbus planes. Allegiant buys oil for immediate delivery and doesn’t stock up for the future at pre-set prices, analysts said. With crude oil selling for about $50 per barrel, down 50 percent from a year ago, Allegiant is poised to save a lot of money, boosting its bottom line and perhaps sending its stock even higher. “With lower fuel prices like this, they’re going to do even better,” McAdoo said.
3/6/15 3:18 PM
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YOUR BUSINESS-TO-BUSINESS NEWS
THE VEGAS SUNDAY INC
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MARCH 8 - MARCH 14
Slot mergers: Why they happened, and why they matter BY J.D. MORRIS STAFF WRITER
The major slot machine company mergers that have recently occurred shouldn’t dramatically alter what gamblers experience on the casino floor, at least for now. Still, what’s happening behind the scenes is significant for the gaming industry. Late last month, state regulators gave their blessing to a $6.4 billion merger between slot maker International Game Technology and Italian lottery operator Gtech. The deal follows a $5.1 billion merger between slot maker Bally Technologies and lottery company Scientific Games. IGT and Bally already were two of the most dominant slot machine companies, and they’re even bigger now. They’re also not the only recent mergers on the equipment side of the gaming industry. For example, Global Cash Access, a company that provides casinos with financial equipment such as ATMs, merged with slot mak-
er Multimedia Games. So why did all this merging happen? And what’s the big deal, anyway? WHY THE MERGERS HAPPENED The slot machine market became too crowded with companies. Eilers Research founder Todd Eilers said the market had been flat in recent years, so the best way for big companies to continue growing was to merge with others. He said a “pretty favorable lending market where you can get some pretty cheap debt” also helped. HOW THEY AFFECT NEVADA A common outcome of corporate mergers is that “synergies” are identified and “streamlining” happens, to use corporate-speak, and people lose their jobs. That’s true in these cases, too. Executives from both companies have admitted their mergers would result in layoffs, although it’s not clear how many. The new IGT corporate headquarters will be in the United Kingdom.
IGT representatives said some corporate jobs would be eliminated, but they stressed to regulators that they’d maintain a strong presence in Nevada. The company’s global gaming operations will be based in Las Vegas, where work will include game design and development. Some of that also will happen in Reno, where IGT will concentrate heavily on its manufacturing operations. “Let’s face it: Las Vegas is the capital of casino gaming,” Richard Trachok, an attorney representing IGT, assured the Gaming Commission. “Nobody is going to leave Las Vegas.” Meanwhile, because of its merger with Bally, Scientific Games is moving its corporate headquarters from New York to Las Vegas, just off the 215 Beltway near Jones Boulevard. The move was important enough to warrant praise from Gov. Brian Sandoval, who said in a statement that it meant “hundreds of good-paying jobs for the people of Clark County and our state in the years to come.”
WHY THEY’RE IMPORTANT Bally and IGT combined, Eilers said, will control a majority of the market. Furthermore, the mergers are expanding the slot makers to include the lottery part of the gaming industry. That’s significant in terms of growth, although a lottery won’t spring up in Nevada anytime soon, because the state is constitutionally banned from authorizing one. And expansion will benefit the companies in other ways — for instance, they’ll be able to spend much more money than their competitors on research and development. Commissioner Randolph Townsend stressed at the IGT hearing that the mergers were “major financial transactions.” But they’re also important for the gaming industry, he said, because they signal an evolutionary shift. “What it also talks to is the change in the industry,” Townsend said. “This is really a technology industry now.”
PAHRUMP BALLOON FESTIVAL
March 20 – 22, 2015 Join us in Pahrump for a weekend of food, music, art, drone exhibitions, carnival games, and tethered hot air balloon rides.
VISITPAHRUMP.COM/EVENTS
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3/6/15 3:17 PM
10 THE SUNDAY VEGAS INC MARCH 8 - MARCH 14
YOUR BUSINESS-TO-BUSINESS NEWS Send your business-related information to news@vegasinc.com
From turmoil to turnaround? New CEO on UMC’s status BY CONOR SHINE STAFF WRITER
With two rounds of layoffs, the departure of two CEOs and a cash crunch that threatened the hospital’s ability to keep its lights on, 2014 was an especially trying year for the perpetually struggling University Medical Center. But amid the turmoil, the turnover and the changes brought on by the Affordable Care Act, UMC turned a corner, new CEO Mason VanHouweling said. “I think the community is going to be pleasantly surprised with the performance we’ve had this fiscal year,” VanHouweling said. “Especially these last six months, we’ve really gained momentum.” In January, the hospital hit its monthly revenue goal while coming in under its projected expenses, the first time that’s happened in a long time. VanHouweling, promoted from chief operating officer in December to replace the outgoing Lawrence Barnard, sees 2015 as a year of growth for UMC. The road is still littered with obstacles, namely the hospital’s reliance on a $71 million subsidy from Clark County needed to balance its budget. The hospital eliminated 390 positions and closed four satellite clinics to cut costs last year,
but VanHouweling said “there’s always going to be a county subsidy.” County officials want to see that number shrink drastically as they try to find money to fill other needs at the county jail and Metro Police for the upcoming fiscal year that starts in July. VanHouweling spends much of his 12-hour days meeting with physicians, as many as five or six a day, trying to recruit them to treat their patients at UMC. To provide those doctors with the tools they want, the hospital has added such technology as a minimally invasive robotic surgery device and highdefinition scopes. Also helping UMC is a drop in the number of uninsured patients it sees, from a high of 36 percent to the current 15 percent, due to the Affordable Care Act, which VanHouweling said has helped level the playing field among local hospitals. Turning around UMC isn’t guaranteed and there’s still much work left to be done, VanHouweling said, but with a new governing board in place and painful cuts already made, he’s looking forward to a brighter future. “This hospital has been around 84 years,” he said. “We’re moving it in the right direction to sustain that for the next 84 years.”
Water rate hike OK’d for homes, businesses BY CONOR SHINE STAFF WRITER
Water rates are going up for valley homes and businesses to help pay for a new $650 million pumping station that will keep water flowing into Las Vegas, even as Lake Mead shrinks. The Clark County Commission, sitting as the board of the Las Vegas Valley Water District, voted this month to approve a fixed surcharge to water bills based on the size of the customer’s water meter. The average homeowner will see monthly bills increase by $2.41 starting in 2016, with an increase of $3.61 per month in 2017 and $4.81 in 2018. The added revenue will be used to help pay for the new pumping station at Lake Mead that will work even if lake elevation levels drop below 1,000 feet. The project is a complement to the $817 million third intake straw being built at the lake to allow water to be drawn into the pumping station from lower elevations than the existing two intake straws. The majority of construction on the third intake was completed in December, and the structure is expected to be operational
this summer. Water levels at Lake Mead are at 1,089 feet and could drop to as low as 1,066 feet over the next two years, according to projections from the Bureau of Reclamation. The lake level has been declining because of a severe drought over the past 15 years, and officials fear it could plunge further if the drought continues. The need for a new pumping station and the proposed rate increase to pay for it were endorsed by a citizen-led committee of business and community leaders organized by the Southern Nevada Water Authority. The rate increases still need to be approved by water districts in North Las Vegas, Henderson and Boulder City. The hike comes after a separate increase to pay off construction debt on the third intake straw and other projects was approved in 2013. That increase will add $5 to residents monthly water bills by 2017. County Commissioner Steve Sisolak said he thought the rate increases were justified. “Rate increases are always difficult, but sometimes they’re necessary,” he said.
Public officials oppose proposed ads on Strip pedestrian bridges BY CONOR SHINE STAFF WRITER
The Strip is saturated with advertisements, so what harm would there be adding a few more to the pedestrian bridges that span the boulevard? A lot, according to several Clark County officials who spoke out against a bill in the Legislature that would allow advertisements on the publicly owned Strip structures. Senate Bill 199 would allow for advertisements on the pedestrian bridges and their accompanying elevators and escalators, similar to advertisements at bus stops and monorail stations. But county officials noted several problems with the proposal. Public Works Director Denis Cederburg warned that stop lights at
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street level could blend in with the ads on the bridges, posing a safety hazard. Drivers distracted by the ads could also slow traffic flow and create safety problems, he said. Metro Police Capt. Devin Ballard said his agency was concerned about advertising wraps on the glass barriers on the bridges. “That, of course, for us would be a huge officer safety and public safety issue to have those blocked,” Ballard said. “(Now) you can see anybody sitting, standing (on the bridge). Those panels being covered up would keep us from being able to see that from street level.” A final challenge is that several of the bridge landings stretch onto private property, and the county’s deals
with the land-owning casinos don’t allow for advertisements on those parts of the structures. Sean Higgins, a lobbyist advocating for the bill, pointed out that the Senate bill would only authorize the advertisements and that the county commission would have final say on what types of signs were allowed. Higgins added that there are advertisements that stretch over the roadways in several places, including at a monorail station spanning Desert Inn Road and at the entrance to Mandalay Bay. Higgins said his client was willing to leave the bridges out of any future advertising plans and focus only on the accompanying elevators and escalators if that’s what commissioners
wanted. “We’ve agreed already if the bridges are taboo and there’s a safety issue, we’ll just walk away from those now,” he said. But Higgins’ proposed compromise wasn’t enough for the majority of county commissioners who requested that staff not support the bill at the Legislature. Commissioner Chris Giunchigliani said she didn’t approve of public structures being used for private advertisements, even if the bridges weren’t included in the plan. “It creates a bigger problem for us that the money won’t resolve,” Giunchigliani said. “It’s whether or not advertising should be in our public right of way.”
3/6/15 3:18 PM
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YOUR BUSINESS-TO-BUSINESS NEWS Send your business-related information to news@vegasinc.com
VEGAS INC MARCH 8 - MARCH 14
TUITION ASSISTANCE, FROM PAGE 1
More than half of U.S. companies offered some form of grad school tuition assistance in 2013 degree in business management from the University of Phoenix using Verizon’s tuition assistance program. Getting a college degree had been on her mind for years. “I wanted to get my degree for so long, but I never thought I had the time,” Mata said. “Verizon’s flexibility and financial assistance are making it easier.” Sixty-one percent of U.S. companies provided undergraduate tuition assistance to employees in 2013, and 59 percent offered assistance for graduate work, according to the Society for Human Resource Management. Since its inception in 2000, the Verizon Wireless tuition assistance program has spent $51 million nationally furthering employees’ education. Full-time and part-time employees are eligible for the program, which offers up to $8,000 a year for tuition at an accredited university. Students maintain eligibility by earning at least a “C” in each course, and they must commit to continue working for Verizon for two years after they graduate. Teresa Miller, left, confers with Susan Adamek over financial aid documents in the education department at St. Rose “Our program is designed to encourDominican Hospitals. Miller is an administrative assistant, and Adamek is director. (L.E. BASKOW/STAFF) age lifetime learning,” said Shelyse Anderson, associate director of talent “I’m so grateful I didn’t have to choose between my job Unlike Verizon, Dignity Health acquisition for Verizon Wireless. “By and my education. I work for a company that actually supports doesn’t require workers who receive removing financial barriers, we are tuition assistance to sign contracts able to help our employees achieve my decision to go back to school.” guaranteeing employment after gradtheir lifelong dreams of obtaining their Susan Adamek, director of education at St. Rose Dominican Hospitals uation. Full- and part-time workers education.” need only to have been with the comSusan Adamek is close to achieving pany for six months before becoming her dream. The director of education eligible for the 20-year-old tuition recritical-thinking skills. “Happy employees mean a higher at St. Rose Dominican Hospitals not imbursement program. Adamek said investing in employee rate of customer satisfaction,” Anderonly is in charge of the company’s tu“We haven’t needed to implement education is a good idea for many reason said. ition assistance program, she also is a a minimum-employment criteria besons, including a measurable improveWith plans to transform more than participant. Adamek expects to graducause our employees see how commitment in patient outcomes. 1,700 retail locations into Smart Stores ate in May from UNLV with a Ph.D. in ted we are to improving their lives, and In 2013, the Journal of Nursing Adover the next few years, Verizon is nursing education. it makes them want to stick around,” ministration released the results of a investing in recruiting and groom“I’m so grateful I didn’t have to Adamek said. study on staff education levels from 21 ing staff to meet expansion needs and choose between my job and my educaAdamek said being a part-time stuhealth care systems nationwide. Hoscustomer demands. Anderson says the tion,” Adamek said. “I work for a comdent has given her better insight into pitals staffed with more nurses with at tuition assistance program promotes pany that actually supports my decistaff needs and has made her a better least four-year degrees reported fewer personal and professional developsion to go back to school.” professional. complications and patient deaths. A ment, which in turn improves the comAdamek said her degree would have “I have become more conscious of similar study found an average reducpany culture and advances workers’ cost $45,000 if not for Dignity Health’s my instructors and am constantly tion of 7.47 deaths per 1,000 patients skill sets. tuition reimbursement program. With aware of new education research and treated by nurses with baccalaureate “Being a student has made me more the company contributing $5,200 a how it may benefit our staff,” she said. degrees. efficient as a general manager,” said year toward her education, Adamek Said Mata: “If you have a company “Our program not only develops Mata, who is taking two online courses. will pay roughly half the cost. that provides tuition assistance, don’t leaders, it creates an internal pipeline Mata said learning to juggle work Both Verizon Wireless and Dignity wait to take advantage of it. It will only for promotion and increases employee and school schedules improved her Health representatives said they had propel you forward in your career.” retention,” Adamek said. time management and sharpened her seen returns on their investment.
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3/6/15 3:26 PM
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3/4/15 11:11 1:03 PM 3/5/15 AM
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YOUR BUSINESS-TO-BUSINESS NEWS
THE VEGAS SUNDAY INC
Send your business-related information to news@vegasinc.com
MARCH 8 - MARCH 14
Calendar of events MONDAY, MARCH 9 Nevada Institute of Personalized Medicine seminar series Time: 2-3 p.m. Cost: Free Location: UNLV, Student Union Room 219, 4505 S. Maryland Parkway, Las Vegas Information: Email Megan Svarz at nipm@unlv.edu Bioinformatics researcher Dongziao Zhu will present, “Deep Sequencing Analytics to Enable Precision Medicine.”
TUESDAY, MARCH 10 Conservation, Cultivation & Cannabis in Clark County Time: 7-9 a.m. Cost: $20 for U.S. Green Building Council Nevada Chapter members, $35 for nonmembers Location: The InNEVation Center, third floor, 6795 Edmond St., Las Vegas Information: Call 702-952-2468 John Laub of the Las Vegas Medical Marijuana Association will moderate a discussion about medical marijuana with Arnold Lopez, of NV Energy; Tom Perrigo, of the city of Las Vegas; John Perry, a cultivation and industry expert; and Nicola Kerslake, of Newbean Capital.
Henderson Chamber of Commerce networking breakfast Time: 7-9 a.m. Cost: $25 for Henderson Chamber members, $45 for nonmembers, additional $10 for walk-ins Location: Wildhorse Golf Club, 2100 W. Warm Springs Road, Henderson Information: Visit hendersonchamber.com/events Members of the chamber’s legislative committee will discuss issues that lawmakers will consider this session.
WEDNESDAY, MARCH 11 Roseman Medical School update Time: 8-9 a.m. Cost: Free Location: Roseman University of Health Sciences Summerlin Campus, Ralph & Betty Engelstad Research Building, second floor, 10530 Discovery Drive, Las Vegas Information: Email medicine@roseman.edu Dr. Mark A. Penn, founding dean of Roseman University’s College of Medicine, will discuss development of the college and its impact on the future of Southern Nevada.
Business networking event Time: 6 p.m. Cost: $20 Location: House of Blues Foundation Room at Mandalay Bay, 3950 Las Vegas Blvd. South Information: Visit socialregister.com or call 702256-0123 Expand your network and establish valuable relationships with high-level executives and business owners in Las Vegas. Business attire required.
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An employee refills a jar of medical marijuana at a dispensary in Denver. (ANTHONY SOUFFLE/CHICAGO TRIBUNE)
THURSDAY, MARCH 12
Ave., Las Vegas
Las Vegas Asian Chamber of Commerce networking mixer Time: 6:30-8:30 p.m. Cost: $10 for Asian Chamber
Information: Visit dannyvegaslive.com/events Keynote speaker will be Loren Slocum Lahav, a personal development seminar leader.
members, $15 for nonmembers
Location: Park Place Infiniti, 5555 W. Sahara Ave., Las Vegas Information: Email info@lvacc.org Meet new people. Share contacts, referrals and ideas.
Risk Management Society educational session and meeting: NRCP 30(b)(6) PMK Depositions Time: 11 a.m. Cost: $27 for members, $30 for nonmembers with RSVP
Location: Lawry’s, 4043 Howard Hughes Parkway, Las Vegas
Information: Visit nevada.rims.org
FRIDAY, MARCH 13 Small Business Association Women’s History Month event Time: 8:30 a.m.-noon Cost: Free Location: SBA office, Suite 400, 300 S. Fourth St., Las Vegas
Information: Call 702-734-3555 Successful businesswomen will share their knowledge and expertise about what it takes to start a business.
Attorney Justin Sember will discuss how a Person Most Knowledgeable, a person appointed by a corporation or government agency to testify on their behalf, should handle depositions.
The Affordable Care Act: Its Impact on Nevada Time: 6:30 p.m. Cost: Free Location: The InNEVation Center, third floor, 6795 Edmond St., Las Vegas
Information: Email Marni Unger at marni@jewish-
SATURDAY, MARCH 14 “Solving mysteries to owning a business” Time: 11:30 a.m. Cost: $30 for one person, $45 for two people Location: Urban Chamber of Commerce, 1951 Stella Lake St., Suite 30, Las Vegas Information: Email Cindy Vallar at cvallar@scorelv. org Learn about the pros and cons of the three most popular ways to get into business for yourself: starting a business from scratch, buying an existing business and buying a franchise. Learn about business entity types, including C-Corp, S-Corp, LLC, LLP and partnership.
lasvegas.com The Business and Professional Network of the Jewish Federation will present a panel discussion about the Affordable Care Act and how it affects residents and businesses in Nevada. Panelists include Dr. Mitchell Forman, dean of the medical school at Touro University; attorney Max Gakh; public policy expert Stacey Tovino; David Dahan, CEO of Orgill/ Singer & Associates; Rabbi Yitz Wyne of Young Israel Aish; and moderator Dr. Hugh Bassewitz.
Nevada Institute of Personalized Medicine seminar series Time: 4-5 p.m. Cost: Free Location: UNLV, Science and Engineering Building auditorium, 4505 S. Maryland Parkway, Las Vegas
Information: Email Megan Svarz at nipm@unlv.edu
TUESDAY, MARCH 17 Lady Vegas Business Club luncheon Time: 11:30 a.m.-1:30 p.m. Cost: $30 Location: Siena Italian restaurant, 9500 W. Sahara
Dr. Vasu Punj of the Keck School of Medicine at the University of Southern California, will present, “Forging a Genomics Path to Personalized Cancer Therapies.”
3/6/15 3:16 PM
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THE DATA
THE SUNDAY VEGAS INC
Send your business-related information to news@vegasinc.com
MARCH 8 - MARCH 14
Records and Transactions BID OPPORTUNITIES TUESDAY, MARCH 10 2:30 p.m. Mobile training gallery State of Nevada, 8306 Annette Morfin at amorfin@admin. nv.gov 3 p.m. Sahara Avenue and North Boulder Highway landscape maintenance Clark County, 603578 Ashley Blanco at ashley.blanco@ clarkcountynv.gov 3 p.m. Annual requirements contract for forensic toxicology test Clark County, 603594 Jim Haining at jhaining@clarkcountynv.gov
WEDNESDAY, MARCH 11 3 p.m. Professional engineering services for on-demand quality assurance agency construction inspection services Clark County, SOQ 603583 Sandy Moody-Upton at scm@ clarkcountynv.gov
THURSDAY, MARCH 12 2 p.m. Toilet paper State of Nevada, 8312 Nancy Feser at nfeser@admin. nv.gov 2:15 p.m. Brocade load balance device State of Nevada, 8309 Marti Marsh at mmarsh@admin. nv.gov 2:15 p.m. Animal Control horse impound improvements - Horseman’s Park Clark County, 603601 Sandy Moody-Upton at scm@ clarkcountynv.gov 2:15 p.m. Government Center employee parking lot access control improvement Clark County, 603607 Sandy Moody-Upton at scm@ clarkcountynv.gov 3 p.m. Contract for claims adjusting services for liability claims Clark County, 603577 Chetan Champaneri at chetanc@ clarkcountynv.gov
FRIDAY, MARCH 13 2:15 p.m. Pecos Road and Russell Road resurfacing Clark County, 603597 Tom Boldt at tboldt@clarkcountynv.gov
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3 p.m. Current production model various trailers Clark County, 603611 Sandra Mendoza at sda@clarkcountynv.gov 3 p.m. Current production model water tender tanker Clark County, 603599 Sandra Mendoza at sda@clarkcountynv.gov
BROKERED TRANSACTIONS LEASES $393,348 for 12,600 square feet, industrial for 60 months 3500 John Peter Lee St., North Las Vegas 89032 Landlord: Cypress Creek Investments LLC Landlord agent: Amy Ogden and Danielle Steffen of Cushman & Wakefield Commerce Tenant: Fencing Specialist Inc. Tenant agent: Ben Millis of Newmark Grubb Knight Frank $360,581 for 3,304 square feet, office for 65 months 5888 W. Sunset Road, Suite 130, Las Vegas 89113 Landlord: HDI Las Vegas LLC Landlord agent: Katie Brase and Jerry Hagfeldt of MDL Group Tenant: Glory Global Solutions Inc. Tenant agent: Mike Dunn and Paula Lea of Cushman & Wakefield Commerce $231,056 for 1,400 square feet, retail for 62 months 1150 E. Flamingo Road, Las Vegas 89119 Landlord: Flamingo Maryland Investors LLC Landlord agent: Dan Hubbard and Todd Manning of Cushman & Wakefield Commerce Tenant: The Cupcakery LLC Tenant agent: Did not disclose $179,496 for 1,800 square feet, retail for 65 months 8090 Blue Diamond Road, Suite 180, Las Vegas 89178 Landlord: Sunstone Diamond LLC Landlord agent: Nelson Tressler and Michael Zobrist of Newmark Grubb Knight Frank Tenant: Bahuchar Trading LLC Tenant agent: Jaimee Yoshizawa of The RED Ltd. $105,840 for 1,400 square feet, retail for 63 months 3455 S. Durango Drive, Suite 112, Las Vegas 89117 Landlord: MDM Properties Nevada LLC Landlord agent: Chris Godino of Newmark Grubb Knight Frank Tenant: Maggie Reb/Belle De
Provence LLC dba La Maison De Maggie Tenant agent: Amy Kyzykyan of Realty One Group $47,187 for 749 square feet, retail for 39 months 40 Costa di Lago, Suite 100, Henderson 89011 Landlord: Signal Butte Investors LLC Landlord agent: Robert S. Hatrak II of Virtus Commercial Tenant: Shawn Elliott of Lobsterman’s Restaurant Tenant agent: Robert S. Hatrak II of Virtus Commercial
Re Address: 6955 N. Durango Drive, Suite 1002, Las Vegas Owner: Ron L. Kaltenbach LLC Quickee Burgers Business type: Food services or café Address: 3231 N. Decatur Blvd., Suite 122, Las Vegas Owner: QB Holdings LLC R&D Crafts Business type: Nonfarm product vendor Address: 302 S. Rampart Blvd., Las Vegas Owner: Ray Diaz
$37,464 for 37,464 square feet, retail for 36 months 3950 E. Sunset Road, Las Vegas 89120 Landlord: 3950 E. Sunset LLC Landlord agent: Dan Hubbard and Todd Manning of Cushman & Wakefield Commerce Tenant: Big Deluxe Tattoo (renewal) Tenant agent: Did not disclose
Red Eagle Business type: Automotive garage/service station (minor) Address: 208 W. Wyoming Ave., Las Vegas Owner: Arlen Crespin
BUSINESS LICENSES
Redefining Youth Business type: General retail sales Address: 1717 S. Decatur Blvd., Suite G52, Las Vegas Owner: Shanon Brooks
On the Go BBQ Business type: Food services or café Address: 6000 Spring Mountain Road, Las Vegas Owner: Nicholas Williamson Papa Murphy’s Take n’ Bake Pizza Business type: Food services or café Address: 4900 W. Craig Road, Suite 4, Las Vegas Owner: DD Pizza Ltd. Park Avenue Maintenance Business type: Repair and maintenance Address: 9640 Toy Soldier St., Las Vegas Owner: Michael D. Park Pinoy Market Business type: Food specialty store Address: 6820 W. Sahara Ave., Suite 1, Las Vegas Owner: King James Liquidators Inc. Publicus Business type: Beer/wine cooler sales Address: 1126 Fremont St., Las Vegas Owner: Publicus LLC Pucker’Up Organic Lemonade Business type: Nonfarm product vendor Address: 302 S. Rampart Blvd., Las Vegas Owner: Mansur Ward Pulse Realty Group LLC Business type: Real estate
Red Tag Sales & Liquidation Business type: General retail sales Address: 6820 W. Sahara Ave., Suite 2, Las Vegas Owner: King James Liquidators Inc.
Rockapedia Business type: Publishing and newspapers Address: 5550 Painted Mirage Road, Suite 320, Las Vegas Owner: Rockapedia Inc. San Miguel Collection Business type: General retail sales Address: 707 Fremont St., Suite 1320, Las Vegas Owner: San Miguel Trading Enterprises Sandy Kim Business type: Independent massage therapist Address: 2400 S. Jones Blvd., Suite 14, Las Vegas Owner: Sandy Kim SBR Properties LLC Business type: Business space rent or lease Address: 8250 W. Charleston Blvd., Suite 100, Las Vegas Owner: Bojan Stokic
Vegas Owner: Brittany Scalise Sexy Aphrodita Boutique Business type: General retail sales Address: 1616 Las Vegas Blvd. South, Suite 150, Las Vegas Owner: Sexy Aphrodita LLC Silver Reef Biomedical Services Business type: Repair and maintenance Address: 3400 W. Desert Inn Road, Suite 22, Las Vegas Owner: Silver Reef Biomedical Services Inc. Simister and Branham Dental Business type: Professional services – medical Address: 4510 Meadows Lane, Suite B, Las Vegas Owner: Branham Dental LLC Sofia’s Pizza Business type: Beer/wine cooler sales Address: 821 N. Lamb Blvd., Suite 1, Las Vegas Owner: First R&G Associates LLC Southern Nevada Counseling Center Business type: Professional services Address: 6600 W. Charleston Blvd., Suite 119, Las Vegas Owner: Southern Nevada Counseling Center LLC Span Worldwide LLC Business type: Tobacco sales/ lounge Address: 2233 Paradise Road, Suite 110, Las Vegas Owner: Shachi Thadhani Speedy Auto Service Center LLC Business type: Automotive garage (major) Address: 41 30th St., Las Vegas Owner: Janela Martinez Steve J. Skelton Business type: Real estate sales Address: 1820 E. Sahara Ave., Suite 101, Las Vegas Owner: Steve J. Skelton Sun’s Thai Food and Jerky Business type: Nonfarm product vendor Address: 300 N. Casino Center Blvd., Las Vegas Owner: Sun’s Beef Jerky Thai Style LLC
Seale & Beers CPAs LLC Business type: Professional services Address: 8250 W. Charleston Blvd., Suite 100, Las Vegas Owner: Robert T. Beers
Symbiotech Inc. Business type: General retail sales Address: 601 E. Charleston Blvd., Suite 100, Las Vegas Owner: Donna Siler
Sensational Shine Cleaning Service Business type: Repair and maintenance Address: 1519 Highfield Court, Las
Tamica Minor Business type: Real estate sales Address: 10750 W. Charleston Blvd., Suite 180, Las Vegas Owner: Tamica Minor
Thatguy Business Address Las Veg Owner: J
The Arts Business caterer Address Las Veg Owner: T
The Min Business moter Address Las Veg Owner: J
Top Cat Business tenance Address Suites 10 Owner: T
Top Dog Business tronic ci Address Las Veg Owner: M
Viva Sal Business establish Address Blvd., Su Owner: V
West Co Business agency Address Las Veg Owner: W tions LLC
Wieners Business Address Las Veg Owner: F
Wild Tru Business caterer Address Parkway Owner: W
BUILD
$2,186,9 2970 Co Vegas M.G. New
$901,77 930 Car Henders Juliet Pr
$896,07 930 Car Henders
3/6/15 3:14 PM
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THE DATA
THE VEGAS SUNDAY INC
Send your business-related information to news@vegasinc.com
MARCH MARCH88- MARCH - MARCH1414
Records and Transactions Thatguy & Associates Inc. Business type: Photography Address: 6312 W. Cheyenne Ave., Las Vegas Owner: John Miranda The Arts Factory LLC Business type: Alcoholic beverage caterer Address: 107 E. Charleston Blvd., Las Vegas Owner: The Arts Factory LLC The Mint 400 Business type: Professional promoter Address: 3475 Boulder Highway, Las Vegas Owner: Joshua F. Martelli Top Cat Cleaning Service Inc. Business type: Repair and maintenance Address: 2400 N. Tenaya Way, Suites 101-103, Las Vegas Owner: Thomas Cotton Top Dog Vapors Business type: Vapes and electronic cigarettes Address: 2251 S. Rainbow Blvd., Las Vegas Owner: Major Vapes LLC Viva Salon Business type: Cosmetological establishment Address: 10870 W. Charleston Blvd., Suite 120, Las Vegas Owner: Viva Salon LLC West Coast Staffing Business type: Employment agency Address: 1500 E. Tropicana Ave., Las Vegas Owner: West Coast Staffing Solutions LLC Wienerschnitzel 441 Business type: Restaurant Address: 4470 E. Charleston Blvd., Las Vegas Owner: Farouk Diab Wild Truffles Business type: Alcoholic beverage caterer Address: 495 S. Grand Central Parkway, Suite C, Las Vegas Owner: Wild Truffles LLC
BUILDING PERMITS $2,186,924, plumbing 2970 Coleman St., North Las Vegas M.G. Newell Corp. $901,772, residential-new 930 Carnegie St., Building 18, Henderson Juliet Property Co. $896,072, residential-new 930 Carnegie St., Building 1, Henderson
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Juliet Property Co. $896,072, residential-new 930 Carnegie St., Building 4, Henderson Juliet Property Co. $896,072, residential-new 930 Carnegie St., Building 5, Henderson Juliet Property Co. $896,072, residential-new 930 Carnegie St., Building 7, Henderson Juliet Property Co. $896,072 residential-new 930 Carnegie St., Building 8, Henderson Juliet Property Co. $896,072, residential-new 930 Carnegie St., Building 9, Henderson Juliet Property Co.
$531,876, residential-new 930 Carnegie St., Building 16, Henderson Juliet Property Co. $450,886, residential-new 930 Carnegie St., Building 6, Henderson Juliet Property Co. $350,000, tenant improvement 555 S. Grand Central Parkway, Suite 195, Las Vegas MC Construction Management $317,185, commercial-remodel 105 N. Pecos Road, Henderson Charger Construction LLC $270,000, tenant improvement 505 S. Grand Central Parkway, Suite 160, Las Vegas JA Stowell Construction Inc. $252,858, commercial-alteration 4711 Mitchell St., North Las Vegas LPS Contracting Inc.
$896,072, residential-new 930 Carnegie St., Building 10, Henderson Juliet Property Co.
$238,032 residential-new 7361 Fruitful Harvest Ave., Las Vegas DR Horton Inc.
$896,072, residential-new 930 Carnegie St., Building 11, Henderson Juliet Property Co.
$225,000 canopy 628 W. Craig Road, North Las Vegas Pace Contracting
$647,046, residential-new 930 Carnegie St., Building 15, Henderson Juliet Property Co.
$211,918, residential-new 9729 University Ridge Ave., Las Vegas Greystone Nevada LLC
$641,446, residential-new 930 Carnegie St., Building 3, Henderson Juliet Property Co.
$207,550, assembly group 930 Carnegie St., Henderson Juliet Property Co.
$641,446, residential-new 930 Carnegie St., Building 17, Henderson Juliet Property Co. $641,446, residential-new 930 Carnegie St., Building 13, Henderson Juliet Property Co. $550,000, tenant improvement 575 S. Grand Central Parkway, Suite 110, Las Vegas Sierra Contracting $534,726, residential-new 930 Carnegie St., Building 2, Henderson Juliet Property Co. $531,876, residential-new 930 Carnegie St., Building 12, Henderson Juliet Property Co. $531,876, residential-new 930 Carnegie St., Building 14, Henderson Juliet Property Co.
$199,259, residential-new 7351 Fruitful Harvest Ave., Las Vegas DR Horton Inc. $190,000, tenant improvement 888 W. Bonneville Ave., Las Vegas Whiting Turner Contracting Company $186,257, residential-new 819 Via Serenelia, Henderson Greystone Nevada LLC $180,427, residential-new 9728 University Ridge Ave., Las Vegas Greystone Nevada LLC $178,993, residential-new 2170 Trivero St., Henderson Pardee Homes of Nevada
Yesco LLC $170,342, residential-new 815 Via Serenelia, Henderson Greystone Nevada LLC $169,954, residential-new 2178 Trivero St., Henderson Pardee Homes of Nevada
$141,675, residential-new 2906 Shining Sun Way, Henderson Greystone Nevada LLC $140,498, residential-new 6935 Lakota Summit Court, Las Vegas DR Horton Inc.
$169,732, residential-new 823 Via Serenelia, Henderson Greystone Nevada LLC
$140,289, residential-new 1073 Aubrey Springs Ave., Henderson DR Horton Inc.
$169,732, residential-new 811 Via Serenelia, Henderson Greystone Nevada LLC
$136,795 residential-new 1109 Via della Costrella, Henderson Greystone Nevada LLC
$166,738, residential-new 3213 Porto Vittoria Ave., Henderson Toll Henderson LLC
$136,270, residential-new 7331 Fruitful Harvest Ave., Las Vegas DR Horton Inc.
$160,266, residential-new 298 Lindura Court, Las Vegas Toll South LV LLC
$135,464, residential-new 1009 Via Gandalfi, Henderson Century Communities of Nevada
$159,142, residential-new 2902 Shining Sun Way, Henderson Greystone Nevada LLC $157,478, residential-new 515 Fife St., Henderson FM Contracting LLC $157,277, residential-new 9725 University Ridge Ave., Las Vegas Greystone Nevada LLC $156,323, residential-new 12273 Catanzaro Ave., Las Vegas Ryland Homes $155,704, residential-new 2174 Trivero St., Henderson Pardee Homes of Nevada $149,493, residential-new 118 Via della Costrella, Henderson Greystone Nevada LLC $146,699, residential-new 6922 Lakota Summit Court, Las Vegas DR Horton Inc. $145,834, residential-new 1076 Aubrey Springs Ave., Henderson DR Horton Inc. $145,279, residential-new 929 Carson Bluff Ave., Henderson Ryland Homes $142,396, residential-new 1106 Echo Pass St., Henderson KB Home Nevada Inc.
$173,871, residential-new 7341 Fruitful Harvest Ave., Las Vegas DR Horton Inc.
$142,396, residential-new 729 Gulf Pearl Drive, Henderson KB Home Nevada Inc.
$171,818, sign 2427 Las Vegas Blvd. South, Las Vegas
$141,675, residential-new 2898 Shining Sun Way, Henderson Greystone Nevada LLC
$135,177, residential-new 6925 Lakota Summit Court, Las Vegas DR Horton Inc. $135,177, residential-new 6932 Lakota Summit Court, Las Vegas DR Horton Inc. $135,177, residential-new 6905 Lakota Summit Court, Las Vegas DR Horton Inc.
CONVENTIONS CaterSource Event Solutions Annual Conference and Tradeshow 2015 Location: Las Vegas Convention Center Dates: March 10-11 Expected attendance: 9,000 Travel Goods Show 2015 Location: Las Vegas Convention Center Dates: March 10-12 Expected attendance: 4,000 National Association of Pediatric Nurse Practitioners (NAPNAP) 2015 Annual Conference Location: Caesars Palace Dates: March 11-14 Expected attendance: 1,600 Digital Signage Expo 2015 Location: Las Vegas Convention Center Dates: March 11-12 Expected attendance: 6,000 To receive a complete copy of Data Plus every week in Excel, please go to www.vegasinc.com/ subscribe
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18
YOUR BUSINESS-TO-BUSINESS NEWS
THE SUNDAY VEGAS INC
Send your business-related information to news@vegasinc.com
MARCH MARCH 88--MARCH MARCH14 14
The List 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
CATEGORY: PRIVATE SCHOOLS (RANKED BY SPRING 2015 ENROLLMENT)
School
Enrollment Grades*
Tuition
Year established
Top executive
Faith Lutheran Middle School and High School 2015 S. Hualapai Way Las Vegas, NV 89117 702-804-4400 • faithlutheranlv.org
1,562
6-12
$10,500
1979
Steve Buuck, CEO
Bishop Gorman High School 5959 S. Hualapai Way Las Vegas, NV 89148 702-732-1945 • bishopgorman.org
1,400
9-12
$11,100-$12,500
1954
John Kilduff, president
The Meadows School 8601 Scholar Lane Las Vegas, NV 89128 702-254-1610 • themeadowsschool.org
875
Pre-K through 12
$9,590-$23,100
1984
Jeremy Gregersen, head of school
Las Vegas Day School 3275 Red Rock St. Las Vegas, NV 89146 702-362-1180 • lvds.com
845
Pre-K through 8
$5,850-$15,450
1961
Neil Daseler, director
Green Valley Christian School 711 N. Valle Verde Court Henderson, NV 89014 702-454-4056 • gvchristianschool.com
700
Pre-K through 12
$5,736-$7,400
1993
Stephanie Smith, junior/ senior schools principal; Deborah Ingalls, elementary school principal
Lake Mead Christian Academy 540 E. Lake Mead Parkway Henderson, NV 89015 702-565-5831 • lmca.org
680
Pre-K through 12
$6,530-$8,500
1989
Sue Blakeley, administrator
Adelson Educational Campus 9700 W. Hillpointe Road Las Vegas, NV 89134 702-255-4500 • adelsoncampus.org
640
Pre-K through 12
$14,000-$20,850 1980
Paul Schiffman, head of school
St. Viator Catholic School 4246 S. Eastern Ave. Las Vegas, NV 89119 702-732-4477 • stviatorschool.org
611
Pre-K through 8
$5,150-$7,600
1964
Kathleen Daulton, principal
The Alexander Dawson School at Rainbow Mountain 10845 W. Desert Inn Road Las Vegas, NV 89135 702-949-3600 • adsrm.org
595
Pre-K through 8
$11,500-$22,300
2001
Dal Sohi, headmaster
Calvary Chapel Christian School 7175 W. Oquendo Road Las Vegas, NV 89113 702-248-8879 • cccslions.org
571
Pre-K through 12
$5,800-$7,560
1994
Rick Martin, superintendent
Mountain View Christian Schools 3900 E. Bonanza Road Las Vegas, NV 89110 702-452-1300 • mvcs.net
500
Pre-K through 12
$6,000-$8,000
1983
Crystal VanKempenMcClanahan, principal
Cornerstone Christian Academy 5825 W. Eldora Ave. Las Vegas, NV 89146 702-939-5050 • ccanv.com
495
Pre-K through 8
$5,400-$7,100
2001
James Whiddon, principal
Henderson International School 1165 Sandy Ridge Ave. Henderson, NV 89052 702-818-2100 • hendersonschool.com
400
Pre-K through 8
$9,200-$16,275
1992
Seth W. Ahlborn, headmaster
Lamb of God Lutheran School 6232 N. Jones Blvd. Las Vegas, NV 89130 702-645-1626 • lambofgodlv.com
350
Pre-K through 5
Varies
2001
Sanna Klipfel, principal
International Christian Academy 8100 Westcliff Drive Las Vegas, NV 89145 702-869-1109 • ICALV.com
320
Pre-K through 8
$5,800-$5,957
1999
Robert Mekus, principal
* Grades category begins at pre-K, though some listed schools offer programs for younger children. 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 lists, omissions sometimes occur. Please send corrections or additions on company letterhead to Pashtana Usufzy, researcher, VEGAS INC, 2360 Corporate Circle, Third Floor, Henderson, NV 89074.
18_VI_List_20150308.indd 18
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