VEGASINC.COM | APRIL12-18, 2015
Today, 48,500 people work in construction locally, up 39 percent from the depths of the Great Recession. (STEVE MARCUS/STAFF)
Las Vegas’ Reconstruction In the southwest valley, building projects are popping up again after years of delays and defaults BY ELI SEGALL | STAFF WRITER
When Las Vegas’ construction industry was white hot last decade, few places grew as fast as the southwest valley. ¶ Buoyed by new freeway access and Wall Street’s easy money, investors flipped land for profit and built subdivisions, strip malls, office buildings and hospitals, with even more plans for an area that years earlier was largely open desert. ¶ But business plunged with the recession. SOUTHWE ST, CONTINUED ON PAGE 10
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Nevada’s rank nationally for economic competitiveness, according to the American Legislative Exchange Council’s “Rich States, Poor States” study. Nevada ranked No. 8 in 2014.
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Size, in square feet, of a new Hooters scheduled to open next month near the pool of the Palms. It will be the largest Hooters in the world.
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2 VEGAS INC APRIL 12- APRIL 18
CONTENTS PUBLISHER Donn Jersey (donn.jersey@gmgvegas.com)
EDITORIAL
NOTEWORTHY STORIES
05 06 18 Q+A WITH CATHY TULL
The senior vice president of marketing for the Las Vegas Convention and Visitors Authority talks about the city’s rise as a foodie destination, the future of the city’s convention industry and the biggest issue facing Southern Nevada. THE NOTES People on the move, P4
MEET: GOTTA LOVE CHEESECAKE
Heidi Heath and Kathy Bastian started their dessert business with Grandma’s recipes and a simple philosophy: Treat customers like family, because no one is more important than family. TALKING POINTS Ripple effects of trade reach across oceans, P7
DATA AND PUBLIC INFORMATION
A listing of local bankruptcies, bid opportunities, brokered transactions, business licenses and building permits. MORE VEGAS INC BUSINESS NEWS Calendar: Happenings and events, P17 The List: Women- and minority-owned businesses, P22
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, Adwoa Fosu, 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) 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 Jim Braun, Brianna Eck, Danielle El Kadi, Frank Feder, Kelly Gajewski, Justin Gannon, Kenneth Harmon, Trasie Mason, Donna Roberts, Michelle Walden
MARKETING & EVENTS EVENT MANAGER Kristin Wilson EVENTS COORDINATOR Jordan Newsom DIGITAL MARKETING ASSOCIATE Jackie Apoyan
PRODUCTION
CAREER FAIR PREPARES TEENS TO BE BREAD WINNERS Imagine being 17 years old and the head of your family’s household. There are many such young people in Clark County, some with no idea how to find a job. To help them, the Junior League of Las Vegas and Project 150, a local nonprofit that works with homeless youths, will host a career fair from 10 a.m. to 2 p.m. April 18 at the Government Center, 500 S. Grand Central Parkway. Hundreds of teens are participating in workshops to prepare for the event, writing resumes, doing mock interviews and choosing business attire donated through a clothing drive. “To watch the boys in particular put on ties for the first time was unbelievable,” said Kim Boschee of the Junior League. “They stood just a little taller.” Companies and organizations taking part, either by offering jobs and internships or sponsoring the event, include the Ve-
netian, MGM Resorts International, Discovery Children’s Museum, the Clark County School District, UNR, Alpha Landscaping and the Public Education Foundation. Thanks to their generosity, hundreds of students not only will gain valuable jobmarket experience, they could land jobs that will allow them to pursue their diplomas while still supporting their families. How cool is that? — ELLEN FIORE
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 14 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.
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THE NOTES
VEGAS INC
Send your business-related information to news@vegasinc.com
APRIL 12- APRIL 18
John Wilcox, City National Bank’s Nevada regional executive, joined the advisory board of Touro University Nevada.
Safety.
Jarin Ratanapeanchai, Marcus Phillips and Gina Marie Fuller joined Meadows Bank Las Vegas. Ratanapeanchai is a credit administration analyst, WILCOX Phillips is the Spanish Ridge branch manager, and Fuller is a loan operations utility clerk. Brian Veasey is director of business development at SK+G Global. Veasey previously was business development director at Kastner & Partners. Jack Easdale, vice president of yield management at Venetian and Palazzo, won VEASEY the UNLV Mentor of the Year award after being nominated by UNLV hotel college student Kaiyang Wu.
Sabrina Carrender is an executive assistant to the Marretti investment team and ZUNIS CARRENDER Chris Zunis is an associate at Colliers. Arleen Dodge is an administrative assistant for the Naseef investment services team at Colliers. Construction of the James E. and Beverly Rogers Student Center at Nevada State College is scheduled to be completed in July. Jim Rogers, who died last year, was the first chairman of the Nevada State College Foundation and the ninth chancellor of the Nevada System of Higher Education. He donated almost $275 million to higher education institutions.
Andrew Youkana and Ashlee Zindash are financial service representatives YOUKANA ZINDASH at Clark County Credit Union. Both have been with the company for two years.
The Clark County Credit Union’s 2015 board of directors is: chairman Eric Jorgenson, attorney; vice chairman Doug Spring, UMC Hospital; and secretary/treasurer Lee Haney, H&H Enterprises. Board members are Ted Olivas, city of Las Vegas; Debbie Conway, Clark County recorder; Assemblyman Glenn Trowbridge; and Ed Zagalo, Clark County Finance Department. The 2015 audit committee includes chairman Dr. Spencer Luth; Marc Joseph, retired Metro Police officer; Sabrina Mercadante, Henderson city clerk; Curtis Myles, Las Vegas Monorail CEO; and Michael Shramm, United Healthcare.
Tiffany East opened Tiffany East PR. She is the former vice president of public relations at the Glenn Group.
Pizza Rock, owned by 11-time World Pizza Champion Tony Gemignani, opened at Green Valley Ranch Resort. John Adams is business development manager and Jeff Torrecampo is an estimator at Paul Johnson Drywall.
Colleen McKenna is vice president of marketing at Interblock, which produces gaming machines. EAST
Mike Sutton is executive chef at Culinary Dropout in the Hard Rock Hotel. He previously was sous chef. Sean Corbett is vice president of digital strategy and planning at MassMedia Marketing, Advertising and PR. Fourteen people joined the Las Vegas Hospitality Association. They are: Chris Lee, Masterpiece Cuisine sales manager; Connie Land, Just CORBETT Because Gifts owner; Jerry Dale, Millers Ale House-Town Square general manager; Phil Reynolds, Relevant Entertainment president; Christina Telese, Border Grill Forum Shops sales and special events manager; Jennifer Holley, Border Grill Forum Shops general manager; Dan Thomsen, Enterprise Rent-a-Car hotel and leisure sales executive; Ryan Welch, Enterprise Rent-a-Car truck rental sales executive; Evan Louie, Kona Ice Las Vegas owner; Gregg Carnes, Truh’st founder; Kyle Smith, Elite Direct AV director of sales; Melissa Ooi, Asp Inc. executive vice president; Tammy Porto Bartolomeo, Asp Inc. account manager; and Steve August, August Entertainment owner. Tifferney White is the Discovery Children’s Museum CEO and president. Myisha Williams is media and communications manager at the Nevada Department of Public
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Matt Smith Physical Therapy merged with ATI Physical Therapy, a national company. Matt Smith will continue to own the Nevada clinics. Lou Hillegass is vice president of operations. Matt Smith has 12 locations in Southern Nevada. North Las Vegas City Attorney Sandra Douglass Morgan was recognized by the Urban Chamber of Commerce for her contributions to women in business. Kirk Homeyer is an associate and Kandis McClure is a policy analyst at Brownstein Hyatt Farber Schreck. Homeyer counsels businesses in corporate and commercial matters, including entity formation, general corporate governance, mergers and acquisitions, equity and debt financing, and corporate restructuring. McClure joined the firm’s government relations department, focusing on state government. Her background includes work in the public policy, political and health care sectors. State Farm will sponsor the Nevada Department of Transportation’s Freeway Service Patrol vehicles in Las Vegas and Reno through 2017. A Goodwill Store and Donation Center opened at 1390 American Pacific Drive, Henderson. Security Partners, which provides safety and emergency monitoring services, acquired Henderson-based 1 Time Inc., which provides fire systems. Security Partners is opening an operation center in Las Vegas. City National Bank provided Exotics Racing
a loan package totaling $7.5 million to buy new race cars and expand from the Las Vegas Motor Speedway to a racetrack near McCarran International Airport. The Golden Nugget completed a $6.5 million renovation of its convention center and entrance. DC Building Group has completed more than $1 million in real estate projects in recent months. The firm completed the Art of Shaving’s new store in Downtown Summerlin and Ethan Allen’s new 8,995-square-foot store. It also expanded the offices of Design Cell. Fitmoo, a sales app for athletes, trainers and gym owners, retained Forte PR as its public relations agency. Collicutt Energy Services Inc. signed a deal with MTU Onsite Energy Diesel and Gas to expand its reach to Nevada. Collicutt provides power generators and ancillary services. Centennial Hills Hospital was one of 37 hospitals nationwide and the only in Nevada to be recognized by Consumer Reports magazine for preventing surgical-site infections, bloodstream infections from central lines and infections from the use of urinary catheters. Raising Cane’s opened a new restaurant at 1950 E. Craig Road, North Las Vegas. Zirtual, a Las Vegas-based company that provides businesses with remote assistants, added more than 100 jobs on the West Coast. Preferred Public Relations is the agency of record for the Downtown Grand. Lazy Dog Restaurant & Bar opened in Downtown Summerlin. Central Valley Insulation’s parent company, Masco Contractor Services, is a new, independent publicly traded company separate from Masco and named TruTeam; it will trade under the name TopBuild (NYSE:BLD). TopBuild installs and distributes residential insulation. NetEffect will partner with the Las Vegas Metro Chamber of Commerce to offer chamber members a discount on Microsoft Office 365 software. The Nevada Health Care Association Perry Foundation honored three Southern Nevada post-acute care facilities for performance and quality of nursing-home care. Silver Ridge Health Care Center won the Gold Endeavors Award. Highland Manor of Mesquite won the Silver Endeavors Award. St. Joseph Transitional Rehabilitation Center won the Bronze Endeavors Award. Solutions Recovery added 20 licensed beds to its facility at 2975 S. Rainbow Blvd., Las Vegas. Rachel’s Kitchen opened in the Cleveland Clinic Lou Ruvo Center for Brain Health. Martin & MacArthur, a Hawaiian furniture and accessory store, opened a store at Grand Canal Shoppes in the Venetian. SuperShuttle expanded its service area to include Anthem, Seven Hills, Silverado Ranch and Green Valley Ranch. AT&T made 42 wireless network upgrades in the Las Vegas area last year, adding cell sites, network capacity and wireless high-speed Internet connections. The company launched free Wi-Fi on the Strip and deployed Cell on Wheels (COWs) for network support at major local events.
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THE INTERVIEW Send your business-related information to news@vegasinc.com
VEGAS INC APRIL 12- APRIL 18
Q&A WITH CATHY TULL
‘Never underestimate the power of a relationship’ Cathy Tull has been senior vice president of marketing for the Las Vegas Convention and Visitors Authority since 2009 and is one of the key organizers of Vegas Uncork’d, the highly anticipated foodie event celebrating its ninth year this month with events at Aria, Bellagio, Caesars Palace and MGM Grand. what would it be? I would move us from the bottom of the public school education rankings to the top 10.
Do you have any news or updates about yourself, your work or your company you’d like to share? The LVCVA is embarking on an exciting program with the Las Vegas Global Business District. This project will propel the growth of trade shows in Las Vegas. It will create jobs and serve as an economic driver in Southern Nevada.
What’s the biggest issue facing Southern Nevada and its residents? One big issue is that the community does not embrace the fact that we are an economy based on tourism, and unless we support that employment base, we will be working against ourselves.
You are one of the key organizers of Vegas Uncork’d. What impact does the event have on our city? Vegas Uncork’d with Bon Appetit allows us to spotlight the amazing culinary scene in Las Vegas. It’s an immersive experience that gives visitors an opportunity not only to enjoy some amazing food at our resort properties but also rub elbows with some of the world’s best chefs.
What are you reading right now? “Gray Mountain” by John Grisham. What do you do after work? I shuttle my kids to activities, enjoy family time and do my email. Blackberry, iPhone or Android? iPhone 6.
How does Las Vegas rank as a foodie destination? Las Vegas has become a leading foodie destination. The world’s top chefs have opened restaurants in Las Vegas, and along with having the most master sommeliers in any city in the world, Las Vegas offers a variety of experiences that are unparalleled. High-end dining experiences on the Strip to authentic dining opportunities downtown put us on top.
Describe your management style. Empower my team to determine their path and collaborate so we are all successful. Where do you see yourself and your company in 10 years? As a leader in the travel and tourism industry.
Cathy Tull, senior vice president of marketing for the Las Vegas Convention and
What’s the most important Visitors Authority, says Southern Nevada should embrace and support its identity as a thing Las Vegas is doing to tourism-based economy. (CHRISTOPHER DEVARGAS/STAFF) brand itself? What Happens Here, Stays Here. ian. My favorite restaurants are Jain more trade shows. We will also As a destination, we embrace adult vier’s and Pasta Shop. see more rooms — everything from freedom — the ability to make the the Genting project to the reincarexperience what the visitor wants, be What is the best business nation of the Fontainbleau. We will it a seven-course meal at Joël Robuadvice you’ve received, see more outdoor festival experichon or a dayclub/nightclub experiand from whom did it come? ences up and down the Las Vegas ence. Our visitors want to experience John Wilson told me when I first Strip. It will be social and participathe destination in their own way, and moved to Las Vegas 19 years ago that tory. The entire experience of Las our level of variety allows them to acrelationships were the most imporVegas will evolve into a social comcomplish that goal. tant part of business. You can never munity. underestimate the power of a relaWhat will Las Vegas be tionship, especially in Las Vegas. What’s your favorite food? known for in 10 years? What’s your favorite local We will be known for our meetIf you could change one restaurant? ing facilities, with the Las Vegas thing about Southern Nevada, My favorite food is Mexican or ItalGlobal Business District bringing
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What is your dream job, outside of your current field? Photographer for National Geographic. Whom do you admire and why? My parents. They raised nine kids and worked tirelessly in upstate New York — believing in faith, hard work and family. They are fulfilled with their life and take pride in their family. What is your biggest pet peeve? When people dismiss Las Vegas as frivolous and not a serious place to do business. What is something that people might not know about you? I love to cook for my family and friends.
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GET TO KNOW A LOCAL BUSINESS
VEGAS INC
Send your business-related information to news@vegasinc.com
APRIL 12- APRIL 18
7 Nevada’s rank among U.S. cities with the most overvalued housing markets, after Austin, Texas; Houston; Phoenix; Riverside, Calif.; Miami; and San Antonio, according to Fitch Ratings.
45 PERCENT Rise in home prices in Las Vegas since mid-2011, despite comparatively modest economic growth, according to Fitch Ratings.
$37.5 MILLION Amount of new debt Allegiant Air took on at the end of March for “general corporate purposes.”
$69.4 MILLION The Cosmopolitan’s operating loss in 2014, compared with a $106.2 million operating loss in 2013.
$203.2 MILLION Casino revenue at the Cosmopolitan in 2014, up 30.7 percent from 2013.
$531.3 MILLION Gaming revenue at Strip casinos in February, down 4.4 percent from February 2014.
$60 MILLION Amount the city of Las Vegas plans to spend on capital projects for parks, roads and building repairs during the next fiscal year, which starts July 1.
1,000 People who applied for 16 positions at Euphoria Wellness, which when it opens this month will be Las Vegas’ first medical marijuana dispensary.
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Heidi Heath, left, and her mother, Kathy Bastian, own and operate Gotta Love Cheesecake, which desserts Bastian and her mother created. (L.E. BASKOW/STAFF)
Making customers feel like family GOTTA LOVE CHEESECAKE family. Family is so important to Address: 5081 N. Rainbow Blvd. #100; us and is the center of our lives. We are a family-run busiLas Vegas 89130 We want our customers to feel ness specializing in homemade Phone: 702-272-0044 that they are part of our lives, as cheesecakes and other baked Email: gottalovecheesecake@yahoo.com they are so important to us. goods. We serve over 50 cheeseWebsite: gottalovecheesecake.com cake flavors, and that continues Hours of operation: 10 a.m.-6 p.m. to grow as customers ask us to What is your business phiTuesday-Saturday Owned/operated by: Heidi Heath and create different ones for them. losophy? Kathy Bastian Catering services are also Budgets for a lot of people In business since: Dec. 1 available for almost any funcare tight in today’s economy. If tion. they are going to visit our shop, We encourage our customers we need to make sure they get to feel at home in the shop — they are always welcome the best products for their money. Even more important to come in and watch television, surf the Internet or just than that is they get great service and leave with a smile. have a cup of tea or coffee and relax. We have a little reading area and a growing “lending library” if our customers What is the hardest part about doing business in Las want to come in and grab a book. Vegas? There isn’t a great network or learning center for small businesses to access. Most of what we learned to get Where are your recipes from? started is from asking questions of friends who have been The original recipe for cheesecakes came from my in business. It can be discouraging and somewhat frusgrandmother, Helen Steel. For over 60 years, she baked trating to find answers to simple questions. cheesecakes in her kitchen and sold them to some of the best restaurants in Michigan. She was an amazing baker, and I was fortunate enough to have her teach me how to How can Nevada improve its business climate? bake the cheesecakes. As I got older, she allowed me the Setting up a resource center for small businesses would opportunity to play around with her original recipes, be a great start. It is already a scary experience to open a and we came up with some of the newer flavors together. business and outside of the government’s SBA website, When my mother and I opened the shop, it was really a there isn’t a lot of information out there. way for us to live out her dream of having her own bakery. All of the other goodies we offer are from my mom’s What have you learned from the recession? recipes. The recession is a big part of the reason we both relocated to Las Vegas, albeit at different times. We both had positions that were eliminated in cost-saving measures What makes your business unique? by large corporations. It taught us that you never take I think it is the atmosphere and the level of service we anything for granted — your whole life can change in an provide. It is crucial to us that when a customer comes in, instant. they don’t feel like a customer — we want them to feel like Describe your business.
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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 J.D. Morris’ vegasinc.com story “Reid striving to add ban on online gaming to his political legacy”: Adults have the right to decide what to do with their time and money. If I want to play cards on the Internet, I should be able to do so. — bmacleod18 Online gaming is a Trojan horse and should be banned. People simply cannot control themselves and lack the common sense to see the shell game for what it is. Harry is against it — but only because brick-and-mortar gaming is against it. — topangapalooza On Eli Segall’s vegasinc.com story “Report: Nevada among most financially illiterate states”: Affordability means not what you can afford currently but what you can afford should something happen where you could lose your income or have it significantly reduced. ... You may not be able to party like the rock star neighbor, but you sleep better at night knowing that when it rained and the party was over, you could still turn on the lights. — VegasIndependent
VEGAS INC APRIL 12- APRIL 18
Ripple effects of trade reach across oceans
Y
technologies for power transmission. Other ou may not think economic GUEST COLUMN: grants support studies on the introducdevelopment overseas would MEL JAMESON tion of intelligent transportation system ripple in Las Vegas, but it can. technologies. International development Once planning is in place, the USTDA’s means revenue for U.S. businesses when International Business Partnership Program can bring key project contracts are awarded to American companies. decision makers to the United States on reverse trade missions. Since becoming an independent agency in 1988, the U.S. In 2014, for example, the program supported visits by Brazilian Trade and Development Agency (USTDA) and its predegovernment and private-sector representatives seeking inforcessor organizations have connected American businesses mation on U.S. rail technologies, standards and capabilities. to international economic development contracts. Such Visitors learn by observing design, manufacturing and operacontracts often are for infrastructure projects in emerging tions of relevant U.S. products and services. At the same time, economies, most often in transportation, energy, telecomthey establish connections with potential U.S. contractors, munications, water and environment. which often blossom into work orders and ongoing relationExamples include more than $2 billion in contracts awardships. USTDA also directly hires U.S. contractors, predomied to U.S. firms to upgrade the Cartagena Refinery in Colomnantly small businesses, for technical analyses and feasibility bia and more than $10 million in sales of U.S. equipment for studies conducted through its Project Development Program. the modernization of the Mexican transportation system. On April 22, the USTDA’s regional director for Latin In effect, USTDA generates business for U.S. companies by America and the Caribbean will visit Las Vegas to explain getting involved early in the planning process for projects, these programs, opportunities the agency offers and how providing technical advice to the sponsoring foreign governNevada businesses can take advantage of them. ment agency or organization. Businesses and companies can register for the presentaThe agency’s Project Development Program does this tion by contacting Anna Drury at anna.drury@unlv.edu or by supporting feasibility studies, technical assistance and 702-895-3608. pilot projects. Examples include grants for feasibility studMel Jameson is director of international initiatives and a ies (Brazil), regulatory framework development (Mexico) professor of finance in the Lee Business School at UNLV. and system design (Colombia) for implementing smart grid
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.
Nevada should be the poster child as to why states should refuse the development of more casinos. — jaquekeno
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YOUR BUSINESS-TO-BUSINESS NEWS
VEGAS INC APRIL 12- APRIL 18
Send your business-related information to news@vegasinc.com
Las Vegas homes among nation’s most overvalued BY ELI SEGALL STAFF WRITER
Las Vegas’ housing market is one of the most overvalued in the country, as investors pushed up prices amid limited supply and a sluggish economy, a report says. Fitch Ratings said housing demand in Las Vegas, along with other boomand-bust areas including Miami and Phoenix, has been “bolstered” by outside investors. The cities also have high rates of underwater homeowners, restricting the number of properties for sale. In these areas, small changes in demand have had “an outsized impact on price,” and growth is “expected to be more fragile than true demand-based expansion,” Fitch analysts wrote. The research and bond-ratings company ranked Las Vegas the seventh most overvalued market in the The median sales price of a single-family home in Southern Nevada was $205,000 nation, after Austin, Texas; Houston; in March, up 5 percent from a year ago. (STEVE MARCUS/STAFF FILE) Phoenix; Riverside, Calif.; Miami; than try to unload their homes. escaped underwater status the past and San Antonio. Home prices in Las Vegas, Phoenix, few years, according to housing-data Las Vegas home prices, despite Riverside and Miami — case studies firm Zillow, thanks to the investorslowing in recent months, have been for last decade’s bubble and burst — fueled upswing in values. But 26 perclimbing at one of the fastest rates in all have climbed more than 45 percent of Southern Nevada homeownthe country the past few years. cent since mid-2011, “despite comers still are underwater, third highest The valley also has one of the highparatively modest economic growth,” among large U.S. metro areas. est rates of underwater borrowers Fitch said. Such homeowners need bank ap— people whose mortgage debt outInvestors swooped in for lowproval to sell their houses, a lengthy, weighs their home value — in the priced homes after the economy coloften hair-pulling process known as nation, reflecting once-widespread, lapsed, often turning them into renta short sale. Banks don’t always sign bloated prices and the easy mortgage als. They helped battered housing off on the deals, and many borrowlending behind them. markets recover, pushing up prices at ers probably choose to stay put rather Nearly 149,000 valley homeowners
eye-popping rates and raising fears of another bubble. But the investors left markets “dependent on external demand sources,” according to Fitch. These days, investors have been backing out from Las Vegas and other cities, and pricegrowth has cooled substantially. Fitch said it does not expect “significant declines” in Las Vegas and other overvalued markets, but those areas are “more susceptible” to slumping prices than cities fueled by “strong underlying fundamentals.” The median sales price of singlefamily homes in March in Southern Nevada was $205,000, up 5 percent from a year ago, according to the Greater Las Vegas Association of Realtors, which mostly tracks previously owned homes. By comparison, single-family home prices jumped 57 percent in two years after the market bottomed out, from a median $118,000 in January 2012 to $185,000 in January 2014. Some analysts say that, with investors backing out, Las Vegas will have to depend more on traditional buyers. But that could turn the slowdown into a slump, as Nevadans have some of the worst personal finances in the country, and many locals can’t get a mortgage because of tighter lending requirements. “We’re not in a healthy situation,” John Restrepo, principal of RCG Economics, said last fall.
Report: Nevada among most financially illiterate states BY ELI SEGALL STAFF WRITER
Nevada is near the bottom of yet another ranking of Americans’ financial health, with dismal findings of consumer spending habits. The Silver State is second-last among U.S. states and the District of Columbia for its percentage of residents who spend more money than they make; third-last for the share of residents who borrow from nonbank lenders; and fourth-last for people who pay only the minimum balance on their credit card bills, according to a report from personal-finance website WalletHub. The report also ranked Nevada 46th for its share of residents with at least a bachelor’s degree; 40th for its percentage of residents with a rainy
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day fund; 38th for its high school dropout rate; and 32nd for its share of unbanked households. Overall, WalletHub ranked Nevada second-worst in the country for financial literacy, behind Mississippi. New Hampshire was No. 1. The findings reinforce Nevada’s dubious distinction as having some of the worst personal finances in the country. In January, the nonprofit Corporation for Enterprise Development said many Nevadans are unable to “build a secure economic future,” as the state is racked by some of the highest rates of lousy consumer credit, bankruptcies, foreclosures, underemployment, mortgage delinquencies and uninsured residents. The Washington, D.C., advocacy
group for lower-income Americans ranked Nevada’s overall economic health 48th in the nation. Two years ago, it ranked Nevada last, saying a majority of residents were living “on the edge of financial disaster” with almost no savings to fall back on. Meanwhile, U.S. banking regulators last fall reported that in Las Vegas, more people used check-cashing and payday loan companies than national averages, and a rising number of locals did not have a bank account. About 15 percent of Las Vegas-area households reported using an “alternative financial service” in the past 30 days when surveyed in 2013, compared to 12 percent nationally, according to the Federal Deposit Insurance Corp. Also, 6.9 percent of Las Vegas-area
households were “unbanked” in 2013, meaning they did not have an account with an insured institution such as a bank or credit union. That was below the national rate of 7.6 percent but up from 2011, when the rate locally was 6.2 percent, the FDIC found. Alternative lenders typically charge high interest rates and are used by people who need cash quickly and don’t qualify for a traditional bank loan. Such customers typically borrow a few hundred dollars at a time, but triple-digit interest rates are often the norm. In Nevada, payday lenders charge an average annual interest rate of 521 percent, one of the highest rates in the country, according to the Pew Charitable Trusts.
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VEGAS INC APRIL 12- APRIL 18
Abandoned luxury apartment complex ready for sale BY ELI SEGALL STAFF WRITER
When Paula Lane toured Vantage Lofts a few years ago, the stylish, mothballed Henderson condo complex was a scary sight. Windows were boarded up, birds were flying inside, upscale appliances had vanished, and air conditioners were caked in dirt. At one point, a homeless person moved into the sales office across the street, where the original developers had set up shop to sell million-dollar homes before they abandoned the project. Today, Vantage is a rental property that’s almost fully leased, charging prices that dwarf most apartment Vantage Lofts, an upscale apartment complex in Henderson, was mothballed during buildings in the valley. And having the recession and now is nearly fully leased. (L.E. BASKOW/STAFF) turned the project around, the landwithout having to deal with maintecomment. lord is looking to cash in. nance, mortgages and other aspects Perched on a hill at Gibson Road Vantage owner John Goodman, of of homeownership. and Paseo Verde Parkway, with clear Seattle, is under contract to sell the Real estate insiders question views of the Strip and downtown, 10-acre, 110-unit project, according whether too many developers are Vantage charges $1,400 to $4,545 per to brokers with knowledge of the deal. chasing a small number of customers, month in rent. That’s far above the Neither the buyer’s identity nor the but Vantage’s lease-up shows “there’s valley’s average rental price of $866 sales price could be confirmed, but some untapped potential out there” per month, according to Colliers Inbrokers said Goodman, who bought for the high-end market, Colliers broternational. Vantage for $10 million in 2013, was ker Garry Cuff said. Vantage opened last spring and is seeking at least $44 million. Max Goncalves, a 71-year-old Braeasily one of the most expensive rentListing broker John Cunningham, zilian native and software executive, al properties in Southern Nevada. But of Jones Lang LaSalle in Phoenix, moved to Vantage last August. He had with such perks as gourmet kitchconfirmed Vantage was being sold an apartment in Turnberry Towers, ens, floor-to-ceiling windows and a and said he expected the deal to close near the Strip, but wanted something sleek pool area, it’s finding renters. in the next 45 to 60 days. He declined quieter, away from the craziness of As of last month, 102 units had been to give other details about the sale. the resort corridor. leased, according to Vantage busiSome investors who eyed the propHe learned about Vantage online, ness manager Jeffery Arterberry. erty discussed paying around $30 and the staff told him the property’s It’s one of several new, high-end million, according to broker Patrick troubled history. apartment complexes in the valley Sauter, managing partner of NAI Ve“That was very nice, because usualbringing big prices and loads of amegas. ly when you go to rent an apartment, nities to a largely no-frills, look-alike “There’s some crazy money out it’s all marvelous, no problems,” he rental market. Investors are targetthere, so maybe (he) got more,” Sausaid. ing well-heeled professionals and ter said of Goodman. Slade Development pursued the retirees who want a luxury lifestyle Goodman did not return a call for
$160 million project during the boom years, with condos priced from $400,000 to $1.6 million. Vantage was scheduled to open in 2007, but Slade mothballed it, partially built, in spring 2008 and filed bankruptcy for the project that June. The developers claimed about $72 million in liabilities for Vantage and $45 million in assets, namely the property itself. Slade co-owner Justin Slade filed personal bankruptcy in 2009, reporting in court records to have $70 million in liabilities and $7 million in assets. His assets included a home and lot in Summerlin that he and his wife later lost to foreclosure; a 9 mm handgun valued at $400; an 8-yearold dog named Gracie, valued at $20; and two lizards, Draco and Chico, valued at $10 combined. Slade Development is apparently defunct, and Justin Slade could not be located for comment. Vantage sat untouched for years, a visible scar of the building bust. In early 2012, Las Vegas-based Rothwell Gornt Companies bought it out of bankruptcy for an undisclosed sum. Company principal Rich Crighton later said his group planned to spend $15 million to finish Vantage, but instead, he flipped it to current owner Goodman, founder of Goodman Real Estate, in summer 2013. Lane, regional marketing director for property manager Pinnacle, had visited Vantage a year before, to check the place out for a possible buyer. She walked through the abandoned complex, with birds “divebombing around my head.” “It was a pretty scary thing,” she said of touring the property, “and I did it during the middle of the day.”
Las Vegas headed into new fiscal year with balanced budget BY CONOR SHINE STAFF WRITER
For the first time since 2007, Las Vegas’ budget will be in the black heading into the next fiscal year. “Our outlook has improved greatly,” City Manager Betsy Fretwell said. “Things are recovering and we’re starting to see that in our numbers.” The city expects its general fund budget, which pays for government operations, to grow by 6.4 percent to $523 million next fiscal year, which starts July 1.
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Increased costs, meanwhile, are being driven by raises for some union employees, increased funding for Metro Police and the addition of 57 new positions. Those new jobs will be scattered among various departments, including Parks and Recreation, Public Works and Human Resources. Even with the additional positions, however, the city’s workforce will be about 20 percent smaller than it was prior to the recession. “We’re still behind. We’re trying to
restore as we can, but we don’t have the revenue to restore all of our services,” Chief Financial Officer Mark Vincent said. The increased costs will be offset by higher property and sales tax revenues. The arrival of the city’s new medical marijuana industry also has helped boost the bottom line, growing the fees it receives for business licensing by 5 percent compared with the current fiscal year. The improving budget picture also
will allow the city to invest $60 million in capital projects for parks, roads and repairs to city buildings. Although the upcoming fiscal year will be the first the city starts with a balanced budget in nearly a decade, it has managed to balance its budget without drawing on reserves each of the past three years by cutting costs and greater-than-anticipated revenue. The city’s tentative budget will be submitted to the state for review before a final approval from the council in May.
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VEGAS INC APRIL 12- APRIL 18
Send your business-related information to news@vegasinc.com
SOUTHWEST, FROM PAGE 1
‘We know the worst is past us, and that gives people confidence’
CONSTRUCTION EMPLOYMENT IN SOUTHERN NEVADA
Today, as the economy improves, few places are getting as much action. Developers are building or planning to construct apartment complexes, industrial properties, big-box retail and single-family homes around the 215 Beltway between Interstate 15 and Flamingo Road. The area is far from booming, and there remain huge tracts of raw land throughout the southwest, most of which likely won’t be developed anytime soon. And not everyone is cheering the current workload amid fears that some investors are piling in too quickly and overbuilding again. But overall, the resurgence highlights the steady comeback of a onceA carpenter works on an apartment complex at Hualapai and Peace ways. At least battered industry that, for many a dozen are under construction in the southwestern valley. (STEVE MARCUS/STAFF) people, offers visual evidence that Southern Nevada’s sluggish economy 110K 110,000 is on the mend. 103,600 In June 2006, near the height of 100K 99,500 the real estate bubble, 112,000 peo94,500 ple in the Las Vegas area worked in 90K construction. That number plunged 69 percent to 34,800 workers in early 80K 2012, according to the Associated General Contractors of America. 70K 69,000 Today, 48,500 people work in construction locally, up 39 percent from 60K the depths of the recession. “We know the worst is past us, and 50K that gives people confidence,” said Scott 46,800 43,900 Gragson, a land broker and investor. 40K 40,300 Projects underway or on the draw37,800 35,300 ing board in the southwest include: 30K n IKEA’s 351,000-square-foot furniture superstore, which broke 20K ground April 9 and is slated to open in summer 2016 10K n Panattoni Development Co. partner Doug Roberts’ two-building 0 APRIL APRIL APRIL APRIL APRIL APRIL APRIL APRIL APRIL APRIL warehouse project, Jones Corporate 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Park, which is scheduled to break Source: Associated General Contractors of America ground this month n Australian slot-machine maker Ainsworth Game Technology’s Rent in several sectors — apart300,000-square-foot Americas n At least a dozen apartment comment, office, industrial and retail — headquarters, poised to open by midplexes and thousands of single-famitypically is higher and vacancy rates 2016 ly homes. are lower in the southwest than in Developers are drawn to the area for n The Molasky Group of Compaother parts of the valley with lots of several reasons. There is plenty of land, nies’ two-story, 110,000-square-foot land, including the northwest and it’s a quick drive to the Strip and to Mcindustrial building at the UNLV HarNorth Las Vegas. Carran International Airport, and it’s ry Reid Research and Technology Moreover, Clark County commisroughly equidistant from Summerlin Park, which the company plans to sioners in May 2013 voted unaniand Green Valley, two of the valley’s lease to prescription-drug manager mously to open roughly 3,600 acres, most popular residential areas. Catamaran Corp.
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mostly in the southwest, to potential residential and other development. Airplanes, thanks to advanced technology, aren’t as loud as they used to be, so the county agreed to shrink McCarran’s noise contour. IKEA executives had been eyeing the Las Vegas market for almost 10 years, waiting for the population to pass 2 million, and were “very much focused” on sites along the Beltway with good visibility and access, spokesman Joseph Roth said. The popular Swedish retailer needed a large site for its megastore. Land ownership in the southwest is fractured heavily, so assembling a big tract can be a headache. The spot IKEA wanted, 26 acres at the southwest corner of South Durango Drive and West Sunset Road, was owned by one investor, and the chain paid a hefty price for it: $21.3 million. The sale, by M.J. Dean Construction founder Michael Dean, closed in December. IKEA paid $819,328 per acre. Valleywide last year, land investors paid an average $276,422 per acre, according to brokerage firm Colliers International. Roth said the company paid “a fair price” for the property. Meanwhile, Ainsworth CEO Danny Gladstone decided a few years ago he wanted to build the company’s Americas headquarters near the southeast corner of South Jones Boulevard and West Sunset Road, said Mike Dreitzer, the company’s president of North American operations. Site work is underway. When finished, the property will have warehouse and manufacturing space, as well as offices for sales, marketing and finance personnel. It’s close to customers and the airport, and just 2 miles east of rival International Game Technology’s campus. “We think it really is the new center of the gaming equipment manufacturers’ corridor,” Dreitzer said. For large projects, though, the biggest source of development in the southwest is apartments. Investors have been buying rental properties throughout Southern NeSOUTHWEST, CONTINUED ON PAGE 15
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VEGAS INC APRIL 12- APRIL 18
A worker walks along the rooftop of an apartment complex under construction at Tropicana Avenue and the 215 Beltway. The valley’s economic collapse created a big pool of potential renters by wreaking havoc on residents’ finances, and developers aim to cash in. (STEVE MARCUS/STAFF) SOUTHWEST, FROM PAGE 10
vada at a fast pace in recent years. The valley’s economic collapse created a big pool of potential renters by wreaking havoc on residents’ finances. Foreclosures, bankruptcies and short sales swept through the region, making it impossible for many people to obtain a mortgage, let alone afford a down payment. Apartment construction lagged investment sales, but now it’s picking up speed. After opening just 367 units valleywide in 2013, developers completed about 1,700 units last year. As of December, they were projected to open roughly 5,750 units this year and almost 2,000 more in 2016, according to brokerage firm CBRE Group. Among current or planned projects, roughly 50 percent of the new units are in the southwest valley. But developers may be getting ahead of themselves. They are building faster than demand calls for, RCG Economics principal John Restrepo said. “It’s a great location, (but) that’s a little too much at one time,” CBRE
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broker Spencer Ballif added. Nevada West Partners is the biggest developer in the southwest, with five projects totaling 1,600 units planned or underway. Partner Martin Egbert, whose group has developed apartments in the valley since the late 1980s, said he isn’t concerned investors might be overbuilding and possibly pushing down rental rates. Properties his group opened in recent years — often higher-end residences with lots of amenities — are almost fully occupied and command big prices, he said. Homeownership rates nationally are at record lows, he said, partly because more people who can afford to buy are choosing to rent instead. “They’ve seen the swings in real estate prices ... and they like the flexibility afforded by being a renter,” Egbert said. The southwest’s fast-paced growth started around the early 2000s when the Beltway expanded, offering freeway driving instead of dusty back roads. Investors flipped land and built properties, but work ground to
a halt when the recession toppled the valley, leaving the southwest a checkerboard of open desert, finished projects and abandoned construction sites. “Nobody was doing anything,” CBRE broker Greg Tassi said. Projects got stuck on the drawing board, too, including Station Casinos’ Durango Station resort on Durango Drive just south of the Beltway. In September 2008, less than two weeks before investment firm Lehman Brothers collapsed, helping to trigger the U.S. financial crisis, Station spokeswoman Lori Nelson said the resort tentatively was scheduled to open in 2011. “The plans are done, they are ready to go, and it will really be contingent on timing based on the economic conditions,” she said at the time. Today, the land is undeveloped, and a Station sign there advertises plans for a 120,000-square-foot casino with 1,000-room hotel. The sign also warns “No Dumping — No Trespassing.” Nelson said this month the company has no development timeline
for the site. At the peak of the bubble, land in the southwest valley frequently sold for $1 million an acre. Today, listing prices are a fraction of that but rising, typically ranging from about $300,000 an acre to $700,000 per acre, Gragson said. One line of business that boomed with the Beltway was home construction. The southwest has been the top submarket in the valley ranked by homes sold for about 10 years, Home Builders Research President Dennis Smith said. Builders sold 2,016 homes there last year, a third of all new-home sales in Southern Nevada, he said. The second-best market, the northwest, had 1,520 sales. Perhaps the biggest project in the southwest before the freeway expansion was developer Jim Rhodes’ sprawling Rhodes Ranch community on South Durango Drive at West Windmill Lane. “It was considered to be out in the middle of nowhere,” Smith said. “But the Beltway changed that.”
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APRIL 12- APRIL 18
Calendar of events TUESDAY, APRIL 14 Henderson Chamber of Commerce networking breakfast Time: 7-9 a.m. Cost: $25 for members, $45 for nonmembers, additional $10 for walk-ins Location: Cancun Room, Fiesta Henderson, 777 W. Lake Mead Parkway, Henderson Information: Visit hendersonchamber.com/ events Len Christopher, Republic Services general manager, will discuss the company’s recycling efforts.
Collaboration & Community: USGBC Nevada and Sustainability Partners Time: 7-9 a.m. Cost: $20 for members of the U.S. Green Building Council and sustainability partners, $35 for nonmembers Location: InNEVation Center, 6795 S. Edmond St., Suite 331, Las Vegas Information: Visit usgbcnv.org Representatives of U.S. Green Building Council Nevada Chapter, Green Our Planet, Desert Research Institute, Green Alliance and other sustainability organizations will outline their plans.
Clark County Association of Health Underwriters meeting Time: 11:30 a.m. Cost: $30 for members with RSVP, $35 for members at the door; $40 for nonmembers with RSVP, $45 for nonmembers at the door Location: Sierra Gold, 6515 S. Jones Blvd., Las Vegas Information: Visit clarkcountyahu.org Marketing experts Bob and Cheryl Thode will discuss engagement marketing using social media.
Business networking Time: 6-8 p.m. Cost: Free for Social Register members, $20 for nonmembers Location: House of Blues Foundation Room, 3950 Las Vegas Blvd. South, Las Vegas Information: Call Mary Grace Yniguez at 702256-0123 Expand your network and establish relationships with local business owners and executives.
WEDNESDAY, APRIL 15 American Institute of Architects meeting: Designing Healthy Communities Time: 5:30-8:30 p.m. Cost: Free for members, $30 for nonmembers, $50 at the door Location: Historic Fifth Street School auditorium, 401 S. Fourth St., Las Vegas Information: Visit aialasvegas.org Dr. Richard J. Jackson, a pediatrician and chairman of environmental health sciences at the School of Public Health at UCLA, will be the guest speaker.
THURSDAY, APRIL 16 NAIOP Southern Nevada April breakfast meeting Time: 7-9 a.m. Cost: $25 for members, $40 for
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Businesspeople mingle during a networking mixer at Texas Station. (STEVE MARCUS/STAFF FILE)
nonmembers Location: The Orleans, 4500 W. Tropicana Ave., Las Vegas Information: Visit naiopnv.org Panelists Doug Roberts of Panattoni Development Company, John Stewart of Juliet Land Company, Fritz Wyler of Prologis and moderator Dan Doherty of Colliers International will discuss development in Southern Nevada.
Building Owners and Managers Association mixer Time: 5:30-7:30 p.m. Cost: $35, RSVP by April 10 Location: Neon Museum, 770 Las Vegas Blvd. North, Las Vegas Information: Visit bomanevada.org Appetizers and drinks will be served as guests network and tour the museum.
Consul General of India Venkatesan Ashok, Rep. Joe Heck, R-Nev., and Rep. Dina Titus, D-Nev., are scheduled to attend the event, which will include dancing, a fashion show and a program on doing business in India.
TUESDAY, APRIL 21 Risk Management Society educational session Time: 11 a.m. Cost: $27 for members, $30 for nonmembers Location: Lawry’s the Prime Rib, 4043 Howard Hughes Parkway, Las Vegas Information: Visit nevada.rims.org Jeff Phillips of PricewaterhouseCoopers will discuss how risk managers should approach cyber security.
WEDNESDAY, APRIL 22 FRIDAY, APRIL 17 Latin Chamber of Commerce meeting Time: 11 a.m.-1 p.m. Cost: $40 for members with RSVP, $45 for nonmembers with RSVP, $50 at the door Location: Culinary Academy of Las Vegas, 710 W. Lake Mead Boulevard, North Las Vegas Information: Visit lvlcc.com Fred Keeton, vice president of external affairs and chief diversity officer at Caesars Entertainment, will be the guest speaker.
SATURDAY, APRIL 18 Las Vegas India Chamber of Commerce installation of officers and reception Time: 6-9 p.m. Cost: $75 for members, $85 for nonmembers, $100 for VIPs and at the door Location: Nevada Ballroom at Gold Coast, 400 W. Flamingo Road, Las Vegas
Keystone luncheon Time: 12-1:30 p.m. Cost: $35 Location: Veil Event Pavillion, Silverton Hotel, 3333 Blue Diamond Road, Las Vegas Information: Visit keystonenevada.com Mark Tucker, a fellow at the Harvard Graduate School of Education, will discuss how Nevada’s education system can compete with the world’s best.
“Beyond Our Borders: Export Opportunities in Latin America and the Caribbean” Time: 11:30 a.m. Cost: $45 in advance, $55 at the door; RSVP required Location: Maggiano’s Little Italy, Fashion Show Mall, 3200 Las Vegas Blvd. South, Las Vegas Information: Email anna.drury@unlv.edu Nathan Younge, the U.S. Trade and Development Agency’s regional director for Latin America will discuss export opportunities.
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THE DATA
VEGAS INC
Send your business-related information to news@vegasinc.com
APRIL 12- APRIL 18
Records and Transactions BANKRUPTCIES CHAPTER 7 Allstar Paint & Body LLC 7833 Brent Leaf Ave. Las Vegas, NV 89131 Attorney: Seth D. Ballstaedt at seth@ballstaedtlaw.com
BID OPPORTUNITIES TUESDAY, APRIL 14 2:15 p.m. Government Center sanitary sewer improvements Clark County, 603632 Sandy Moody-Upton at scm@ clarkcountynv.gov 2:30 p.m. Two-year open-term contract for safety vests State of Nevada, 8315 Annette Morfin at amorfin@admin. nv.gov
THURSDAY, APRIL 16 2:15 p.m. Sunset Road, Jones Boulevard to Decatur Boulevard Clark County, 603602 Tom Boldt at tboldt@clarkcountynv.gov
FRIDAY, APRIL 17 2:15 p.m. Western Clark County 215 Bruce Woodbury Beltway, Craig Road to Hualapai Way Clark County, 603576 Tom Boldt at tboldt@clarkcountynv.gov 3 p.m. Annual requirements contract for janitorial services at Desert Breeze Recreation and Aquatics Center Clark County, 603649 Deon Ford at deonf@clarkcountynv.gov
BROKERED TRANSACTIONS SALES $880,000 for 7,639 square feet, industrial 5966 Topaz St., Las Vegas 89120 Seller: Flog LLC Seller agent: Soozi Jones Walker and Bobbi Miracle of Commercial Executives Real Estate Services Buyer: Mailmax Mailing Solutions LLC Buyer agent: Did not disclose $690,000 for 7,500 square feet, office 3620 & 3627 Sunset Road, Las Vegas 89120 Seller: Sunset Pecos II LLC Seller agent: Jason Lesley and Bridget Richards of Colliers Inter-
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national Buyer: Whatcom Investments Inc. Buyer agent: Did not disclose $625,000 for 1 acre, land 4620 Blue Diamond Road, Las Vegas 89139 Seller: RMS Inc. Seller agent: David Grant of Colliers International Buyer: Washworks Express LLC Buyer agent: Did not disclose
LEASES $348,973 for 11,500 square feet, industrial for 60 months 3525 and 3555 W. Naples, Las Vegas 89103 Landlord: Did not disclose Landlord agent: Sean Simon and Gabe Telles of Gatski Commercial Tenant: Avalante LLC Tenant agent: Earl Barbeau of Berkshire Hathaway $180,431 for 2,821 square feet, office for 60 months 9081 W. Sahara Ave., Las Vegas 89117 Landlord: WDE Lakes LLC Landlord agent: Lauren Tabeek of Voit Real Estate Services Tenant: Budget Van Lines Inc. Tenant agent: Did not disclose $141,237 for 4,232 square feet, industrial for 60 months 4301 S. Valley View Blvd., Las Vegas 89103 Landlord: BKM Capital Partners Landlord agent: Stacy Debie, Ali Roesener and Gabe Telles of Gatski Commercial Tenant: Advanced Creative Gaming Tenant agent: Gene Proctor of Realty Executives $76,032 for 1,920 square feet, industrial for 38 months 4525 Spring Mountain Road, Suite 109, Las Vegas 89102 Landlord: Mountain Point LLC c/o Virtus Commercial Landlord agent: Robert S. Hatrak II of Virtus Commercial Tenant: Ben Ashel of Puppy Heaven Tenant agent: Richard Brodkin of Realty One Group
BUSINESS LICENSES Off the Edge Body Jewelry Las Vegas Business type: General retail sales Address: 1717 S. Decatur Blvd., Suite I30, Las Vegas Owner: Tin Pham OK Landscape Business type: Residential property maintenance Address: 3771 Shirebrook Drive, Suite 85, Las Vegas Owner: Mateo Gomez-Perez
Old Man Interactive LLC Business type: General retail sales Address: 708 S. Sixth St., Las Vegas Owner: James Scott Palm Memorial Estate Plan Business type: Handbill and oral solicitation Address: 2901 W. Washington Ave., Suite 129, Las Vegas Owner: Palm Mortuary Pamela Jean Wilson Business type: General retail sales Address: 6195 W. Oquendo Road, Las Vegas Owner: Charles Rebstock Pleasant Affairs Business type: Rental and leasing Address: 1830 N. Martin King Blvd., Suite 110, Las Vegas Owner: Pleasant Affairs LLC Proaction Recovery Inc. Business type: Professional services Address: 3227 Meade Ave., Suite 2B, Las Vegas Owner: Kathy Gentsch Randall D. Carlson Business type: Real estate sales Address: 10750 W. Charleston Blvd., Suite 180, Las Vegas Owner: Randall D. Carlson LLC Repair Guys Business type: Repair and maintenance Address: 216 S. Seventh St., Suite 21, Las Vegas Owner: William Inman Ria Financial Services Business type: Wire service Address: 4610 W. Sahara Ave., Las Vegas Owner: Continental Exchange Solutions Inc. Rob Velasco Business type: Real estate sales Address: 10220 W. Charleston Blvd., Suite 3 , Las Vegas Owner: Robert A. Velasco Rock N Candles Business type: Nonfarm product vendor Address: 9200 Tule Springs Road, Las Vegas Owner: Joseph Grothe Royalty Complete Auto Repair Business type: Automotive garage/service station (minor) Address: 3101 N. Rancho Drive, Suite 101, Las Vegas Owner: GRC Automotive Garage Products Inc. RS Tax Services Inc. Business type: Business support service Address: 6600 W. Charleston Blvd., Suite 117, Las Vegas
Re Owner: Richard Sapperstein
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Safavieh Las Vegas LLC Business type: Merchandise broker Address: 495 S. Grand Central Parkway, Suite 101, Las Vegas Owner: Arash Yaraghi
Suzanne Case Business type: Real estate sales Address: 6628 Sky Pointe Drive, Suite 200, Las Vegas Owner: Suzanne Case
Sandy Kastel Business type: Real estate sales Address: 9525 Hillwood Drive, Suite 120, Las Vegas Owner: Sandy Kastel
Suzy’s Las Vegas Lifestyles Business type: General services (counter/office) Address: 3002 Rigel Ave., Suite 100, Las Vegas Owner: Ice Las Vegas LLC
Scenic Las Vegas Weddings Business type: General retail sales Address: 200 Hoover Ave., Las Vegas Owner: Tomsik Photography LLC Secret Garden in the Desert Business type: Management or consulting service Address: 3002 Rigel Ave., Suite 100, Las Vegas Owner: Ice Las Vegas LLC Shannon Dubron Business type: Real estate sales Address: 5550 Painted Mirage Road, Suite 140, Las Vegas Owner: Shannon Dubron Smog Plus Business type: Automotive sales with minor repair Address: Multiple locations, Las Vegas Owner: R&R Smog LLC Smoke Shop & Candle Business type: Tobacco sales/ lounge Address: 825 S. Rainbow Blvd., Las Vegas Owner: Moyad Alghouleh Sonya D. Ealy Business type: Real estate sales Address: 616 Las Vegas Blvd. South, Suite A, Las Vegas Owner: Sonya D. Ealy Steve Rouse Business type: Real estate sales Address: 10750 W. Charleston Blvd., Suite 180, Las Vegas Owner: Steve Rouse Stop Hair Loss Las Vegas Business type: General services (counter/office) Address: 8751 W. Charleston Blvd., Suite 210, Las Vegas Owner: Ryan Skulsky Street Dogs Venezuelan Style LLC Business type: Mobile food vendor Address: 640 N. Eastern Ave., Las Vegas Owner: Luis Fernandez Summit Mental Health Business type: Professional services Address: 3017 W. Charleston Blvd., Suite 70, Las Vegas Owner: Summit Community Ser-
Sweet Spot Candy Shop Business type: Food specialty store Address: 707 Fremont St., Suite 1290, Las Vegas Owner: Sweet Shop Candy Shop LLC Taco y Jalapeno Business type: Open-air vending Address: 2245 N. Decatur Blvd., Las Vegas Owner: Mirna Bernardo Fuentes Talk to the Hands LLC Business type: Independent massage therapist Address: 3609 Silver Sand Court, Las Vegas Owner: Jo Ann Hallett Teazled LLC Business type: General retail sales Address: 707 Fremont St., Suite 2270, Las Vegas Owner: Dina Proto Tech Queen Systems LLC Business type: General retail sales Address: 2620 Regatta Drive, Suite 102, Las Vegas Owner: Duana R. Malone TFS Golf & Utility Business type: Repair and maintenance Address: 4022 Ponderosa Way, Las Vegas Owner: Taylored Fleet Solutions Inc.
Address Suite 80 Owner: S
Vida Rea Business Address Suite 30 Owner: J
W.X.W. Business Address 140, Las Owner: D
WECAN Business Address Las Veg Owner: W nabis Ad
Wendy B Business vendor Address Las Veg Owner: W
Worth It Business erty mai Address Las Veg Owner: B
A-One In Business Address Las Veg Owner: W
Accolad Business services Address Suite 112 Owner: R
Activate Business Address Blvd., La Owner: M
The Corner Gallery Business type: Art gallery-retail Address: 107 E. Charleston Blvd., Suite 220, Las Vegas Owner: Christina J. Frausto
Aldrinz G Business Address Suite 103 Owner: R
Universal Carpet Care Inc. Business type: Repair and maintenance Address: 3542 Sirius Ave., Suite A, Las Vegas Owner: Michelle A. Cooper
All Ame Business erty mai Address Road, Su Owner: P
Uyen V. Vu Business type: Bail agent/enforcement agent Address: 1550 S. Wells Ave., Suite 200, Las Vegas Owner: Uyen V. Vu
Allstar E Business (counter Address Suite 14C Owner: J
Vegas Felt Co. LLC Business type: General retail sales
Alter Eg Business
4/10/15 2:47 PM
19
THE DATA Send your business-related information to news@vegasinc.com
VEGAS INC APRIL 12- APRIL 18
Records and Transactions Address: 2300 W. Sahara Ave., Suite 800, Las Vegas Owner: Seth Debowy
Address: 2901 W. Washington Ave., Las Vegas Owner: Tynara Uba
Vida Realty Business type: Real estate sales Address: 500 N. Rainbow Blvd., Suite 300, Las Vegas Owner: Jesus M. Corrales W.X.W. Business type: General retail sales Address: 900 N. Lamb Blvd., Suite 140, Las Vegas Owner: Doraid J. Suleiman WECAN Business type: General retail sales Address: 1771 E. Flamingo Road, Las Vegas Owner: Wellness Education Cannabis Advocates of Nevada Wendy Bowles Business type: Nonfarm product vendor Address: 302 S. Rampart Blvd., Las Vegas Owner: Wendy Ann Bowles Worth It Business type: Residential property maintenance Address: 2725 Palma Vista Ave., Las Vegas Owner: Billy Neal A-One Inc. Business type: General retail sales Address: 3901 W. Charleston Blvd., Las Vegas Owner: Woodrow Wiley Jr. Accolade Law Business type: Professional services Address: 3100 W. Sahara Ave., Suite 112, Las Vegas Owner: Robert R. Telles PC Activated Solutions Business type: General retail sales Address: 1212 S. Casino Center Blvd., Las Vegas Owner: MMI 2 LLC
101, Las Vegas Owner: Cody J. Raynoha
Vegas Owner: Jodi Tiahrt
Ana N. Hewitt-Modest Closet Business type: General retail sales Address: 1717 S. Decatur Blvd., Suite E08, Las Vegas Owner: Ana Hewitt
Constellation Catering LLC Business type: Alcohol beverage caterer Address: 10695 W. Dorrell Lane, Las Vegas Owner: James Woodrow
Emunique Mercantile Business type: Nonfarm product vendor Address: 1717 S. Decatur Blvd., Las Vegas Owner: Bonnie Nelson
Atelier by Square Salon Business type: General retail sales Address: 1225 S. Fort Apache Road, Suite 135, Las Vegas Owner: R&B Royal Palms 2 Corporation
Craig Discount Mall Business type: Business space rent or lease Address: 4821 W. Craig Road, Las Vegas Owner: Craig Discount Mall Inc.
Envision Electric Business type: Contractor Address: 1026 Astounding Hills Drive, Las Vegas Owner: Did not disclose
Avilez Law Business type: Professional services Address: 700 S. Third St., Las Vegas Owner: Law Office of Maria Perez Avil
David’s Towing Business type: Automobile towing service Address: 456 E. Sunset Road, Las Vegas Owner: Juan D. Castillo
Avilla Beauty Business type: General retail sales Address: 1038 N. Rancho Drive, Las Vegas Owner: Kayan Andreina Hung Big O Tires Business type: Automotive garage/service station (minor) Address: 2061 Rock Springs Drive, Las Vegas Owner: Western Automotive Group LLC Big Time Amusement Business type: Coin amusement machine Address: 5740 W. Charleston Blvd., Las Vegas Owner: Big Time Amusement Inc. Blow Smoke and Gift Business type: Tobacco sales/ lounge Address: 5860 W. Craig Road, Suite 120, Las Vegas Owner: Blow Smoke and Gift Shop LLC
Aldrinz General Merchandise Business type: Tobacco dealer Address: 1040 E. Sahara Ave., Suite 103, Las Vegas Owner: Robert O. Ejercito
Build a Better Las Vegas Business type: Management or consulting service Address: 124 S. Sixth St., Suite 236, Las Vegas Owner: Build a Better Las Vegas LLC
All American Lawn Maintenance Business type: Residential property maintenance Address: 2101 W. Warm Springs Road, Suite 3425, Las Vegas Owner: Phillip Linenschmidt
Cigarettes Plus Business type: Tobacco sales/ lounge Address: 5015 E. Bonanza Road, Las Vegas Owner: Savita Patel
Allstar Event Services Inc. Business type: General services (counter/office) Address: 2901 Highland Drive, Suite 14C, Las Vegas Owner: Jerry Newton
Clint Whiting Business type: Real estate sales Address: 1925 Village Center Circle, Suite 150, Las Vegas Owner: Innovative Consultants LLC
Alter Ego Beauty Depot Business type: General retail sales
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Cody J. Raynoha Business type: Real estate sales Address: 1820 E. Sahara Ave., Suite
Eurest Dining Services Business type: Alcohol beverage caterer Address: 400 Stewart Ave., Las Vegas Owner: Compass Group USA
Davit Hakobyan Business type: Real estate sales Address: 3160 W. Sahara Ave., Suite A13, Las Vegas Owner: Davit Hakobyan
Expo Nails Business type: Cosmetological establishment Address: 3872 W. Sahara Ave., Las Vegas Owner: Duc Nguyen
Diamond Wireless Business type: General retail sales Address: 4300 Meadows Lane, Suite 1540, Las Vegas Owner: Diamond Wireless LLC
Four Hands Business type: General retail sales Address: 495 S. Grand Central Parkway, Suite 140, Las Vegas Owner: Four Hands LLC
Divine Cafe Business type: Alcohol beverage caterer Address: 770 Las Vegas Blvd. North, Las Vegas Owner: Ynie LLC
Gregory & Waldo LLC Business type: Professional services Address: 1701 W. Charleston Blvd., Suite 600, Las Vegas Owner: Amanda Gregory
Downtown Beauty Co. Business type: General retail sales Address: 707 Fremont St., Suite 1140, Las Vegas Owner: Downtown Beauty Company LLC
Griffin Rehearsal Studios Business type: General services (counter/office) Address: 32 W. Imperial Ave., Las Vegas Owner: Gary Coveney
Downtown Las Vegas Events Center Business type: Alcohol beverage caterer Address: 200 S. Third St., Las Vegas Owner: Downtown Las Vegas Events Center LLC
Hacienda Gardens Catering Inc. Business type: Alcohol beverage caterer Address: 4250 E. Bonanza Road, Suite 10, Las Vegas Owner: Alicia Janette Perez
DTS Pharmacy & Compounding Business type: Professional services - medical Address: 2208 E. Charleston Blvd., Suite B, Las Vegas Owner: Divine Touch Services, Pharmacy & Compounding LLC Eide Bailly LLP Business type: Professional services Address: 8485 W. Sunset Road, Suite 204, Las Vegas Owner: Megan A. Schimick Empower Nutrition LLC Business type: Express or delivery service Address: 6235 S. Pecos Road, Las
Happy Kids Ice Cream Business type: Ice cream truck Address: 2850 E. Charleston Blvd., Las Vegas Owner: Aldo R. Mora Headmasters Barbershop Business type: General retail sales Address: 1367 W. Owens Ave., Las Vegas Owner: Headmasters Plaza LLC Hercules Man-Power USA Business type: General retail sales Address: 400 S. Fourth St., Suite 500, Las Vegas Owner: Daniel Lee McGee Hoppe Law Ltd. Business type: Professional services
Address: 601 S. Rancho Drive, Suite A7, Las Vegas Owner: Craig A. Hoppe I15 Auto Sales Business type: Automotive sales with minor repair Address: 2901 Highland Drive, Suite 2B, Las Vegas Owner: Desert Enterprise Group LLC In House Remodeling LLC Business type: Contractor Address: 6136 Sundown Crest St., Las Vegas Owner: Did not disclose Intermex Wire Transfer LLC Business type: General retail sales Address: 3031 E. Charleston Blvd., Suite D, Las Vegas Owner: Darrell Ebbert JB’s II Shoes & Clothes Business type: General retail sales Address: 1324 D St., Las Vegas Owner: Marcus A. Brown Janie Wheeler Business type: Real estate sales Address: 9525 Hillwood Drive, Suite 120, Las Vegas Owner: Janie Wheeler Jason Robert Prindl Business type: Real estate sales Address: 1050 Indigo Drive, Suite 115, Las Vegas Owner: Jason R. Prindl Javier Mendez Business type: Real estate sales Address: 9420 W. Sahara Ave., Suite 100, Las Vegas Owner: Javier M. Mendez, a professional corporation Jennifer Valdez Business type: Real estate sales Address: 777 N. Rainbow Blvd., Suite 200, Las Vegas Owner: Jennifer Valdez Jewelry Art by Athena Business type: General retail sales Address: 707 Fremont St., Suite 2260, Las Vegas Owner: Athena Manasses JJB Cleaning Solutions LLC Business type: Residential property maintenance Address: 3628 Durant River Drive, Las Vegas Owner: Omar Ortega
BUILDING PERMITS $2,873,850, education building 2840 Via Contessa, Henderson Ethos Three Architecture $2,500,000, commercial-highrise 300 W. Sahara Ave., Las Vegas Penta Building Group Inc.
4/10/15 2:47 PM
20 VEGAS INC APRIL 12- APRIL 18
YOUR BUSINESS-TO-BUSINESS NEWS Send your business-related information to news@vegasinc.com
Records and Transactions $1,980,000, commercial-mercantile/store 6361 N. Decatur Blvd., Las Vegas Hobby Lobby Sstores Inc. $490,766, commercial-remodel 2270 Corporate Circle, Suite 100, Henderson Titanium Building Group LLC $352,950, commercial-new 1300 W. Sunset Road, Suite 1950, Henderson Whiting-Turner Contracting Co. $279,024, residential-new 72 Bella Lago Ave., Henderson William Lyon Homes $279,024, residential-new 100 San Martino Place, Henderson William Lyon Homes
5647 Ethan Hawke Ave., Las Vegas Richmond American Homes of Nevada
$63,480, pool and/or spa 2525 Via Firenze, Henderson Pacific Aquascape International
6409 Veranda Falls Court, Las Vegas Desert Springs Pools and Spas Inc.
$136,906, residential-new 930 Harbor Ave., Henderson KB Home Nevada Inc.
$62,031, roof-mounted photovoltaic system 9313 Harrow Rock St., Las Vegas SolarCity Corp.
$29,716, pool and/or spa 579 Lairmont Place, Henderson Sunworld Pools LLC
$136,130, residential-new 1585 Olivia Parkway, Henderson Century Communities of Nevada LLC $126,870, residential-new 1589 Olivia Parkway, Henderson Century Communities of Nevada LLC $126,054, residential-new 6733 Conquistador St., Las Vegas Ryland Homes
$258,286, residential-new 70 Bella Lago Ave., Henderson William Lyon Homes
$120,271, residential-new 1597 Olivia Parkway, Henderson Century Communities of Nevada LLC
$258,098, residential-new 1613 Quartz Ledge Court, Las Vegas DR Horton Inc.
$118,700, tenant improvement 2835 St. Rose Parkway, Suite 130, Henderson Hacienda Builders Inc.
$253,851, residential-new 1620 Quartz Ledge Court, Las Vegas DR Horton Inc. $237,991, residential-new 102 San Martino Place, Henderson William Lyon Homes $186,518, residential-new 10727 Hammett Park Ave., Las Vegas Toll North LV LLC $169,800, commercial-remodel 2550 Anthem Village Drive, Suite 140, Henderson Design Builders Ltd. $169,622, residential-new 1108 Echo Pass St., Henderson KB Home Nevada Inc. $164,845, residential-new 12234 Catanzaro Ave., Las Vegas Ryland Homes $149,881, residential-new 1932 Galleria Spada St., Henderson Toll Henderson LLC $142,483, residential-new 10429 White Princess Ave., Las Vegas Ryland Homes $141,198, residential-new 10749 Beecher Park Ave., Las Vegas Toll North LV LLC $141,198, residential-new 7319 Ellison Park St., Las Vegas Toll North LV LLC $138,306, residential-new
18-20_VIData_20150412.indd 20
$117,887, residential-new 1593 Olivia Parkway, Henderson Century Communities of Nevada LLC $113,173, residential-new 3106 Bicentennial Parkway, Henderson KB Home Nevada Inc. $113,173, residential-new 2384 Valissa St., Henderson KB Home Nevada Inc. $103,000, disaster 10100 W. Charleston Blvd., Suite 150, Las Vegas Breslin Builders $101,806, residential-new 1601 Olivia Parkway, Henderson Century Communities of Nevada LLC $100,475, residential-new 2386 Valissa St., Henderson KB Home Nevada Inc. $96,000, tenant improvement 2510 W. Horizon Ridge Parkway, Suite 200, Henderson Showcase Contracting LLC $93,045, residential-new 1605 Olivia Parkway, Henderson Century Communities of Nevada LLC $75,001, commercial-remodel 11183 S. Eastern Ave., Henderson Arizado LLC $72,437, pool and/or spa 12270 Sandy Peak Ave., Las Vegas Anthony & Sylvan Pools Corp.
$61,500, pool and/or spa 9709 Summer Bliss Ave., Las Vegas Alpha Landscapes LLC $53,000, commercial-remodel 2295 N. Green Valley Parkway, Henderson MBH Architects $48,600, pool and/or spa 6233 Chandon Court, Las Vegas Steve Breck Pools LLC $46,965, pool and/or spa 10749 Elk Lake Drive, Las Vegas PPAS LV LLC $45,808, pool and/or spa 3435 Thackwood Drive, Las Vegas Anthony & Sylvan Pools Corp. $45,800, residential-remodel 197 Kachina Drive, Henderson Belfor USA Group Inc. $45,000, pool and/or spa 7760 Cinnamon Bear Ave., Las Vegas Larry Confer $40,045, roof-mounted photovoltaic system 6104 Cocktail Drive, Las Vegas SolarCity Corp. $39,260, roof-mounted photovoltaic system 6212 Red Pine Court, Las Vegas SolarCity Corp. $35,000, commercial-storage racks 555 S. Grand Central Parkway, Las Vegas J&K Project Management $35,000, electrical 1771 Inner Circle, Las Vegas Vinco Inc. $35,000, electrical 2303 E. Sahara Ave., Las Vegas Vinco Inc. $35,000, pool and/or spa 7220 Falvo Ave., Las Vegas Greencare Designs $31,000, pool and/or spa 11617 Cameo Ave., Las Vegas Build Your Own Pool by Desert $30,000, mechanical 1351 N. Town Center Drive, Las Vegas RMC Facilities Services Inc. $30,000, pool and/or spa
$29,052, roof-mounted photovoltaic system 5037 Desert Fir Drive, Las Vegas SolarCity Corp. $29,000, pool and/or spa 8245 Orange Vale Ave., Las Vegas Build Your Own Pool by Desert $26,954, roof-mounted photovoltaic system 10205 Desert Wind Drive, Las Vegas SolarCity Corp. $25,000, demolition 6690 N. Durango Drive, Suite 110, Las Vegas LC&D Construction Inc. $25,000, pool and/or spa 10419 Hemingway Court, Las Vegas Noel Nelson $25,000, pool and/or spa 3501 Misty Evening St., Las Vegas Desert Springs Pools and Spas Inc. $25,000, pool and/or spa 12057 Alzina Court, Las Vegas Desert Springs Pools and Spas Inc. $25,000, pool and/or spa 4936 Lone Wolf Ave., Las Vegas Blue Haven Pools $24,750, roof-mounted photovoltaic system 6308 Fargo Ave., Las Vegas Arcadia Solar NV LLC
$21,277, roof-mounted photovoltaic system 2005 Verdinal Drive, Las Vegas Jersey Electric $21,200, roof-mounted photovoltaic system 6272 Bullring Lane, Las Vegas SolarCity Corp. $20,250, wall and/or fence 484 Sterling Falls Ave., Henderson Hirschi Masonry LLC $20,000, commercial-on-site hardscapes and improvements 6361 N. Decatur Blvd., Las Vegas Hobby Lobby Stores Inc. $20,000, electrical 1351 N. Town Center Drive, Las Vegas RMC Facilities Services Inc. $19,999, commercial-remodel 1987 Whitney Mesa Drive, Henderson Charger Construction LLC $19,800, roof-mounted photovoltaic system 11512 Bohemian Forest Ave., Las Vegas Go Solar $19,630, roof-mounted photovoltaic system 7217 London Bridge Ave., Las Vegas SolarCity Corp. $18,845, roof-mounted photovoltaic system 6956 Winter Ridge St., Las Vegas SolarCity Corp. $18,720, roof-mounted photovoltaic system 10428 Mount Oxford Ave., Las Vegas Summerlin Energy Las Vegas LLC
$24,000, pool and/or spa 8208 Rennes Court, Las Vegas Build Your Own Pool by Desert
CONVENTIONS
$22,874, roof-mounted photovoltaic system 6909 Rocky Point Drive, Las Vegas Jersey Electric
Quest International Users Group Collaborate15 Location: Mandalay Bay Dates: April 12-16 Expected attendance: 6,000
$22,500, roof-mounted photovoltaic system 6220 Dayton Ave., Las Vegas Summerlin Energy Las Vegas LLC $22,500, electrical 2105 Velvet Hill Ave., Las Vegas Arcadia Solar NV LLC
National Association of Broadcasters 2015 Location: Las Vegas Convention Center Dates: April 13-16 Expected attendance: 98,000
$22,000, demolition 495 S. Grand Central Parkway, Suite 100, Las Vegas Shrader & Martinez Construction
International Security Conference ISC West 2015 Location: Sands Expo & Convention Center Dates: April 15-17 Expected attendance: 17,000
$21,563, roof-mounted photovoltaic system 1404 Newport St., Las Vegas SolarCity Corp.
To receive a complete copy of Data Plus every week in Excel, please visit vegasinc.com/subscribe.
4/10/15 2:47 PM
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YOUR BUSINESS-TO-BUSINESS NEWS
VEGAS INC APRIL 12- APRIL 18
Send your business-related information to news@vegasinc.com
The List
CATEGORY: WOMEN- AND MINORITY-OWNED BUSINESSES (RANKED BY NUMBER OF EMPLOYEES AS OF JAN. 1)
Company
Year est. Employees locally
Business type
Minority ownership
Female ownership
Top executive(s)
Visiting Angels 1701 N. Green Valley Parkway, Suite 9A Henderson, NV 89074 702-407-1100 • visitingangels.com/vegas
2000
291
Senior care
50 percent
50 percent
Jacqueline DiAsio, administrator, co-owner
2
Lipscomb Group Inc./ Etan Holdings Inc. 965 White Drive Las Vegas, NV 89119 702-467-0218 • Did not disclose
2010
190
Restaurant
100 percent
100 percent
Sharon D. Lipscomb, president, CEO
3
SO LLC dba Eagle Promotions 4575 W. Post Road Las Vegas, NV 89118 702-388-7100 • theeagledesigngroup. com
2001
151
Custom printed apparel and promotional products
51 percent
4
Link Technologies 2000 9500 Hillwood Drive, Suite 112 Las Vegas, NV 89134 702-233-8703 • linktechconsulting.com
139
IT consulting and professional services
5
Destinations by Design 901 Grier Drive Las Vegas, NV 89119 702-798-9555 • dbdvegas.com
1991
132
destination management and event company
6
Windermere Anthem Hills 12231 E. Eastern Ave., Suite 150 Henderson, NV 89052 702-212-1900 • windermereanthemhills.com
2005
40
full-service residential and commercial real estate firm and property management
7
Shaggy Chic/CKBCarlo Enterprises/ Hank Inc. 9811 W. Charleston Blvd., Suite 2 Las Vegas, NV 89117 702-951-0013 • shaggychic.com
34
Luxury, eco-friendly salon products, salon, treat boutique
1
100 percent
100 percent
Sean Ono, president; Mario Stadtlander, vice president 54 percent
Debbie Banko, CEO
100 percent
Joyce ShermanNelson, president
100 percent
Di Redman, owner, corporate broker
100 percent
Kelly Cavanagh, top dog
8a
MassMedia 3333 E. Serene Ave., Suite 100 Henderson, NV 89074 702-433-4331 • massmediacc.com
1997
32
Full-service public relations, advertising and marketing agency
100 percent
Kassi Belz, president
8b
MDL Group 3065 S. Jones Blvd., Suite 201 Las Vegas, NV 89146 702-388-1800 • mdlgroup.com
1989
32
Commercial real estate and property management
25 percent
Carol Cline-Ong, CEO, principal
10a
Braintrust Marketing and Communications 8948 Spanish Ridge Ave. Las Vegas, NV 89148 702-862-4242 • braintrustlv.com
2006
30
Marketing and public relations agency
50 percent
10b
Rachel’s Kitchen 3330 S. Hualapai Way, Suite 190 Las Vegas, NV 89117 702-629-6100 • rachelskitchen.com
2006
30
Restaurant
100 percent
100 percent
Debbie Roxarzade, founder
10c
Red Rock Fertility Center/ Sunset Surgery Center 6410 Medical Center St., Suite A Las Vegas, NV 89148 702-262-0079 • lasvegasfertility.com
2008
30
Fertility clinic
100 percent
100 percent
Dr. Eva Littman, practice director
13
Cheyenne Marketing 8550 W. Charleston Blvd., Suites 102-254 Las Vegas, NV 89117 702-228-0185 • cheyennemarketing.com
2003
29
Marketing, public relations, events and branding
100 percent
Shawn Lane, founder, CEO
14
Original Diva 2014 3663 Las Vegas Blvd. South, Suite 440 Las Vegas, NV 89109 702-836-9112 • originaldivaextensions.com
23
Hair salon and nail bar
75 percent
Nicole Zerafa, owner
Michael Coldwell and Kurt Ouchida, managing partners
Source: Salestraq and 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.
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AN EXCLUSIVE GALLERY OF MODERN, CONTEMPORARY COURTYARD STYLE HOMES DESIRABLY NESTLED ALONGSIDE BLACK MOUNTAIN IN HENDERSON. FLOOR PLANS FROM 2,820 SQ.FT. TO 3,220 SQ.FT.
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