2015-07-05 - VEGAS INC - Las Vegas

associated press file

v e g a s i n c . c o m | J U L Y 5 - J U L Y 1 1, 2 0 1 5

Industry prepares for takeoff Drones are relatively new to most of the country, but in Nevada, their development is decades in the making By David Davis | Special to VEGAS INC

In a small garage in downtown Las Vegas, two entrepreneurs from a tiny Canadian startup are working on what some believe will be the next major industry in Nevada: drones. Âś The startup, Fluttrbox, run by Aristo Mohit-Coker and Nadia Shiwdin, wants to connect two of the disparate communities that are converging to grow the sector: drones, Continue d on page 15

$1B $191.1M

Nevada’s gaming revenue in May, a 3.3 percent increase from May 2014 and Nevada’s first billion-dollar month since December 2013.

Table-game revenue on the Strip in May, up 22.9 percent from a year ago. Slot machine revenue was $272.5 million, up 11.9 percent from May 2014.

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VEGAS INC JULY 5- JULY 11

CONTENTS PUBLISHER Donn Jersey (donn.jersey@gmgvegas.com)

EDITORIAL

NOTEWORTHY STORIES

05 06 18 Q&A WITH FAVIL WEST

The co-founder and president of the Foundation Assisting Seniors discusses the organization’s HowRU program, the rewards of volunteering and the importance of tailoring his management style appropriately to the task and workers. THE NOTES People on the move, P4

MEET: BATTERIES PLUS BULBS Dan Hughes owns two of the franchise’s six Southern Nevada stores, which offer battery installation services for common and obscure devices, as well battery testing and lighting services. TALKING POINTS Franchising: Another avenue for entrepreneurs, 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: Commercial real estate developers, P22

EDITOR Delen Goldberg (delen.goldberg@gmgvegas.com) MANAGING EDITOR Dave Mondt (dave.mondt@gmgvegas.com) DIGITAL EDITOR Sarah Burns (sarah.burns@gmgvegas.com) ASSISTANT MANAGING EDITOR/BUSINESS Brian Deka (brian.deka@gmgvegas.com) ASSISTANT MANAGING EDITOR/POLITICS Scott Lucas (scott.lucas@gmgvegas.com) STAFF WRITERS Kailyn Brown, Andrea Domanick, Adwoa Fosu, Moira Johnston, Megan Messerly, J.D. Morris, Kyle Roerink, Daniel Rothberg, Cy Ryan, Eli Segall, Conor Shine, Jackie Valley, Pashtana Usufzy, Katie Visconti, Ian Whitaker COPY DESK CHIEF John Taylor COPY EDITORS Jamie Gentner, Brian Sandford SPECIAL PUBLICATIONS EDITOR Craig Peterson DIGITAL COORDINATOR Adelaide Chen EDITORIAL CARTOONIST Mike Smith LIBRARY SERVICES SPECIALIST Rebecca Clifford-Cruz RESEARCHER Julie Ann Formoso OFFICE COORDINATOR Nadine Guy

ART ASSOCIATE CREATIVE DIRECTOR Liz Brown (liz.brown@gmgvegas.com) DESIGNER LeeAnn Elias PHOTO COORDINATOR Mikayla Whitmore PHOTOGRAPHERS L.E. Baskow, Christopher DeVargas, Steve Marcus

ADVERTISING ASSOCIATE PUBLISHER OF ONLINE MEDIA Katie Horton GROUP DIRECTOR OF SALES OPERATIONS Stephanie Reviea PUBLICATION COORDINATORS Karen Parisi ADVERTISING DIRECTOR Jeff Jacobs EXTERNAL CONTENT MANAGER Emma Cauthorn ACCOUNT MANAGERS Katie Harrison, Dawn Mangum, Breen Nolan, Sue Sran ADVERTISING MANAGERS Jim Braun, Brianna Eck, Frank Feder, Kelly Gajewski, Justin Gannon, Trasie Mason, Donna Roberts, Michelle Walden

MARKETING & EVENTS EVENT MANAGER Kristin Wilson EVENTS COORDINATOR Jordan Newsom DIGITAL MARKETING ASSOCIATE Jackie Apoyan

OPEN SEASON ON LAS VEGAS HOUSES As buyers spend more for new houses, Las Vegas homebuilders are having a better year than they did in 2014. Builders in 2015 sold 2,360 new homes in Southern Nevada through May, a year-to-year increase of 9 percent, according to Home Builders Research. The median closing price in May was $315,250, up 12.6 percent from a year earlier. Builders also pulled 3,289 new-home permits, a year-to-year jump of 23 percent. Last year, builders struggled with plunging sales and volatile prices. This year, Las Vegas’ economy remains far from robust, but buyers aren’t skimping. Just 3 percent of new homes sold in May went for less than $200,000, down from 8 percent in September and 18 percent in 2013, according to Home Builders Research. Meanwhile, 31 percent of May’s sales volume sold in the $300,000 range, up from 25 percent in September. Nine percent of May’s deals were priced between $500,000 and $750,000, up from 7.6 percent in September.

Locals are spending more as already-low borrowing costs fall even further and lenders loosen their purse strings. The average rate in May for a 30-year mortgage was 3.84 percent, down from 4.19 percent a year earlier, according to Freddie Mac. And U.S. lenders are expected to spend $730 billion this year for home purchases, up 14 percent from 2014, according to the Mortgage Bankers Association. Money is cheap, but in Las Vegas and elsewhere, only time will tell if today’s housing bargains are tomorrow’s mess. — ELI SEGAL L

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 Gordon Prouty EXECUTIVE EDITOR Tom Gorman MANAGING EDITOR Ric Anderson CREATIVE DIRECTOR Erik Stein VOLUME 2, ISSUE 26 Vegas Inc (USPS publication no. 15540), 2360 Corporate Circle, Third Floor, Henderson, NV 89074 is published every Sunday except the last Sunday of the year by Greenspun Media Group. Periodicals Postage Paid at Henderson, NV and at additional mailing offices. POSTMASTER: SEND ADDRESS CHANGES TO: Vegas Inc 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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VEGAS INC

giving

July 5- July 11

Send your business-related information to news@vegasinc.com

Hospital Corporation of America, which includes Sunrise Hospital & Medical Center, MountainView Hospital, Southern Hills Hospital & Medical Center and Sunrise Children’s Hospital, supported the Nepal earthquake relief efforts with multiple donations. HCA donated $250,000 to Doctors Without Borders and $250,000 to MedShare International, a nonprofit that redistributes surplus supplies and equipment to those in need. Additionally, HCA agreed to match up to $500,000 of donations from HCA employees and vendors to the American Red Cross to support its relief effort in Nepal. Merryhill Preschool in Las Vegas raised $1,200 for the Nathan Adelson Hospice Foundation. Students auctioned off more than 55 original art pieces during “All About Art.” Brian Paco Alvarez, Zappos art curator, and Andrew Kerr, director of the Planetarium at the College of Southern Nevada, spoke at the event. Comprehensive Cancer Centers of Nevada is providing free sunscreen to visitors at Wet ’n’ Wild. A kiosk at the entrance of the park dispenses the SPF 30 sunscreen, which is parabenfree, oxybenzone-free and waterproof. Mollie Scott Stewart received Pi Beta Phi Fraternity for Women’s Carolyn Helman Lichtenberg Crest Award in honor of her community serstewart vice. Stewart aids children with heart conditions through her support for the Children’s Heart Foundation. Joseph R. Ganley, a senior litigation partner at Hutchison & Steffen, joined the board of directors of Safe Nest, which aims to eradicate domestic violence.

Aristocrat Technologies donated $22,980 to Make-A-Wish Southern Nevada. Money was raised through a Make-A-Wish Walk and employee participation in a “Fast for February Initiative,” in which employees gave up a favorite food and/or drink for 30 days and donated the money saved to Make-A-Wish. Those efforts raised $11,490, and the company matched the donation. Jack Link’s Protein Snacks partnered with the Nevada Partnership for Homeless Youth to provide 2,000 sack lunches and 6,000 hygiene kits to children. Each week, the Partnership for Homeless Youth distributes 300 to 500 sack lunches and hygiene kits to at-risk and homeless youths in Southern Nevada.

The Runnin’ for the House 5K Run and 1 Mile Walk presented by McDonald’s of Greater Las Vegas raised more than $60,000 for Ronald McDonald House Charities of Greater Las Vegas. The 11th year of the run brought together more than 950 runners and walkers. Southern Nevada McDonald’s restaurants also raised $42,000 for the Ronald McDonald House Charities of Greater Las Vegas scholarship program during an annual Green for Grads one-day fundraiser. Since the scholarship program was established in 1999, local McDonald’s owner/operators have helped award more than $3.3 million in scholarships to high school seniors in Clark and Nye counties. (COURTESY PHOTO)

gardens. Mya Reyes, president of the Las Vegas Gay Visitors Bureau, received the Ally for Equality Award at the Human Rights Campaign’s 10th annual gala dinner. Former Assemblyman James Healey, director of hotel operations at New York-New York, received the Equality in the Community Award. The Human Rights Campaign is the nation’s largest lesbian, gay, bisexual and transgender civil rights group. In conjunction with the Red Cross, Las Vegas firefighters went door to door to educate the public about pool safety as part of the Safe Pools Rule campaign.

ganley

Frank Fuentes, communications and social media director at Trosper Communications, was elected to the board of directors of Friends of Parkinson’s. fuentes Fuentes will concentrate primarily on public relations, social media and event management. Create A Change Now unveiled an edible garden at Squires Elementary in North Las Vegas. Sponsors M.J. Dean Construction, Park West, Locsha Engineering, Grass Roots, Star Nursery and Las Vegas Rock helped build the garden. Create A Change Now adopts at-risk schools and helps them build

Firefighters of Southern Nevada and Fremont Street Experience raised $6,800 for the Muscular Dystrophy Association through revenue from SlotZilla. Southern Nevada Olive Garden restaurants donated $8,000 to Three Square as part of the Restaurant Community Grants program from the Darden Restaurants Foundation. At Griffith Elementary School, 105 first-graders received snacks and student-made, educational math games from Ronnow Elementary School’s fifth-graders in student council. The gift was part of Matt Smith Physical Therapy’s “Change Reaction,” which encourages students to pay it forward to other students to develop a sense of community. Children from The Shade Tree and their mothers were treated to snacks

at the Smith’s at 2255 Las Vegas Blvd. North, North Las Vegas. Children shopped for Mother’s Day presents with the help of Smith’s employees from Women’s Edge, a group within the Smith’s organization. The kids also decorated cookies and gift bags for their moms, and imprinted their handprints on canvas as an added gift. Nevada State College bestowed its President’s Medal Award to Beverly Rogers, Marydean Martin and Sonia McTaggart-Anderson. The award honors local leaders and philanthropists who have shown extraordinary commitment to the college’s mission. Intelicare Direct, a customer-service support company, partnered with the Foundation for an Independent Tomorrow’s ex-offender program. The foundation provides job training, coaching and support to people who were previously incarcerated. For every ICD employee who came to the office with crazy hair, one haircut was donated to someone trying to get back into the workforce. Haircuts were provided by advanced stylist students at Paul Mitchell The School – Las Vegas. The Nevada 150 Foundation, formed to help the state Sesquicentennial Commission plan events and educational projects, awarded UNLV a $15,000 grant to continue the NV 150 Teaching with Historic Places initiative. The grant supports graduate student interns who share their university research results with K-12 teachers and students.

Volunteers from the Time Travelers Foundation handed out 1,000 gift bags to the public. The foundation aims to teach people about epilepsy. Señoras of Excellence and Señores of Distinction honored several members of the community during its 10th annual awards gala. The organization comprises men and women who support the educational growth of young Latinos in the Las Vegas Valley. Honorees were Cirque du Soleil, corporation of excellence; MGM Resorts International, corporation of distinction; Wayne Newton, humanitarian of the year; and Nancy Houssels, co-founder Nevada Ballet Theatre and founder of the Smith Center for the Performing Arts, lifetime achievement. Señoras of Excellence were Angelica Quiroz-Maralason, public information and special events, Southern Nevada Water Authority – Springs Preserve, and Tina Quigley, general manager, Regional Transportation Commission of Southern Nevada. Señores of Distinction were Dr. K. Warren Volker, CEO of WellHealth Quality Care, and Bart Patterson, president of Nevada State College. The event raised money for the UNLV Foundation, Nevada State College, College of Southern Nevada, Nevada Hospital Association, Puerto Rican Association Scholarship Fund, CAEO at UNLV, H.E.A.R.T. for Children with Autism, Latin Chamber of Commerce Scholarship Fund, City Impact and Miss Nevada scholarships. The Home Instead Senior Care Foundation will donate $1 to Meals on Wheels America, up to $20,000, for each person who commits at SundayDinnerPledge.com to regularly scheduling family dinners. “For seniors, it’s not what’s on their plate that matters most at mealtime — it’s who is at the table with them,” said Bonnie Reppert, owner of the local Home Instead Senior Care office. Apricot Lane Boutique in Town Square donated 20 percent of profits from a recent sale to Candlelighters Childhood Cancer Foundation.

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VEGAS INC

the interview

July 5- July 11

Send your business-related information to news@vegasinc.com

Q&A with favil west

‘We believe this program will save lives’ Favil West promised himself that when he retired, he would give back to the community as much as he could. And when the former fighter pilot stopped working for himself and his family, he started working for others. West is co-founder and president of the Foundation Assisting Seniors, a nonprofit organization that provides help to senior citizens in need. What has made the Foundation Assisting Seniors successful over the past 13 years? The commitment by the founders, trustees and volunteers to provide services that enable seniors to live and remain safe in their homes as long as possible. All of these volunteers receive no compensation, so we are truly grateful for their commitment to giving back to our community. What is the HowRU Program? Over the past several years, in just one of our senior communities, more than 35 seniors died and went undiscovered for extended periods of time (from three days to six weeks.) The HowRU Program provides a check-in system to minimize the risk of seniors in need of immediate assistance being unable to contact help. Foundation volunteers call each person who signs up for the program every day at a time (or times) they specify. The operator announces, “This is the HowRU operator, how are you? If you are OK, press 1. If you need help, call 9-1-1.” Then, if there is no answer, 15 minutes later, the call is repeated. If there is still no answer, a call is made to the person’s first emergency contact. If that is not answered, a call is made to the second emergency contact. If there is no answer, our monitor calls 9-1-1. We believe this program will save lives in the long run. You’ve received numerous awards for your work with the senior community. What has been your greatest achievement thus far? Building the Foundation Assisting Seniors into a viable organization that has provided more than 75,000 senior assists in its 14 years of operation. What is the most challenging part of your job? The Foundation Assisting Seniors does not pay salaries to people who assist our clients and community. We rely on our volunteer force of more than 100 senior peers to serve our clients. The real challenge is keeping the volunteers motivated. What has been the most rewarding part of your job? Seeing, in real time, the appreciation for the assistance we provide. The smiling faces, the thankyou emails and letters, telephone calls and one-onone conversations with those we have helped are icing on the cake. What do you do after work? Play golf, answer emails, read, play bridge and go out with friends. Describe your management style.

Favil West’s nonprofit organization is dedicated to improving the quality of life for seniors. (STEVE MARCUS)

Looking back over my working years, I’ve had to use different styles to suit the line of work. As a developer/general contractor who owned my own company, I listened to all proposals made by staff, then made a decision. You might call that the autocratic, dictatorial or authoritative style, which I found very effective when running a small corporation. As a retired airline pilot and former union leader, consensus of the crew was the way to have a safe and trouble-free flight. As a fighter pilot, I made decisions quickly and efficiently, no discussion, no feedback — purely dictatorial. As the president of the Foundation Assisting Seniors, I listen carefully to all opinions and recommendations, and then require a vote. Working with an all-volunteer group of trustees and associates requires more than consensus; it requires obtaining a hard commitment. Depending on the issue, I may use several management styles but, in the case of working with volunteers, the style required is more leadership than management. Where do you see yourself and your company in 10 years? Being realistic, at my age, 10 years is a long time. But I do expect to continue to develop programs that serve the senior community. We expect to continue our expansion in the Las Vegas Valley, California and the West, effectively multiplying our

services exponentially. What is your dream job, outside of your current field? I’ve already held my dream job — being an F-105 combat fighter pilot. I’m a bit beyond that now, as I don’t think I could pull the G’s I once was able to. Whom do you admire and why? My wife, Pat. After more than 54 years of marriage, she remains a beautiful lady, organized and focused. What is your biggest pet peeve? People who make promises and don’t keep them. What is something that people might not know about you? I don’t watch TV. Anything else you want to tell us? Last year, the foundation responded to more than 10,000 requests for assistance services, including nonmedical health assistance, limited home-maintenance assistance, loans of mobility equipment and funding for senior support groups. As it enters its 14th year of service to the senior community, the foundation will continue its development and funding of new services while maintaining and improving its existing services to ensure the safety, security and independence of the senior community.

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VEGAS INC

get to know a local business

July 5- July 11

Send your business-related information to news@vegasinc.com

by the numbers

$96.9 billion

Estimated economic impact Tesla Motors’ Reno gigafactory could have on Nevada, according to a state-commission report.

$422,380

Legal fees Steve Wynn was ordered by a California judge to pay to hedge fund manager Jim Chanos. Wynn had sued Chanos for slander, but the judge dismissed Wynn’s lawsuit with prejudice.

4 million

Passengers who flew in or out of McCarran International Airport in May. It was the airport’s busiest month in more than seven years thanks to several special events, including the Mayweather-Pacquiao fight and Rock in Rio USA.

$44.6 million

Revenue received by downtown Las Vegas casinos in May, a 15.5 percent increase from May 2014.

10 percent

Share of Medicaid costs Nevada will pay for by 2020 for poor residents. Medicaid is fully funded by the federal government now, but the state will begin paying 5 percent of the cost in 2017.

$25,000

The fine Las Vegas Bitcoin poker operator Bryan Micon will pay to avoid jail time. Micon pleaded guilty to one felony count of operating an unlicensed interactive gaming system.

447

Average number of days it takes to foreclose on a home in Nevada after a notice of default is filed. That’s up from 386 days last year, according to RealtyTrac.

93,000

Anticipated square footage of Hospitality Hall, a new hospitality center proposed for UNLV.

Dan Hughes owns two Batteries Plus Bulbs stores in Southern Nevada. (STEVE MARCUS/staff)

No charge? Test the battery before you buy Batteries Plus Bulbs will test the critical capacities Address: 1381 W. Sunset Road, in Henderson; of the battery but also analyze Batteries Plus Bulbs provides 2546 E. Craig Road, in North Las Vegas the vehicle’s charging system. local consumers and businesses Phone: Henderson 702-852-2015; The test usually takes less than access to more than 50,000 North Las Vegas 702-852-1776 10 minutes. types of batteries, light bulbs Website: batteriesplus.com A popular service has been and accessories. Hours and days of operation: 9 a.m.-9 p.m. the installation of batteries at Our stores provide thousands Monday-Friday; 10 a.m.-9 p.m. Saturday; 11 a.m.-6 p.m. Sunday our customers’ homes and placof batteries for devices rangOwned/operated by: Dan Hughes es of business. It is especially ing from the common to the In business since: 2015 difficult for people to get their obscure. The store also tests, golf cart, mobility device, moconditions and rebuilds battery tor home or boat to our store for packs for rechargeable housetesting and battery replacement. hold and business-to-business products. We offer battery installation services for watches, keyless remotes, computers, smart phones, cars, trucks and golf carts. Who are your customers? Free car and truck battery testing also is also available, Almost half of all the business at Batteries Plus Bulbs as are automotive accessories. stores is commercial. Retail is still the major component Batteries Plus Bulbs’ light bulb products include evof our business, although we are visited throughout the erything from common recessed and track lighting to day and evening by small-business owners and managextraordinary, highly specialized light bulbs. ers maintaining their locations.

Describe your business.

What is the most common service your store offers?

What makes your business unique?

Testing batteries in devices, computers, cars and trucks is our most common service. Prior to making a purchase, customers want to be sure the problem they are having is actually being caused by a battery that has reached the end of its useful life. Testing batteries also helps customers determine if their charging equipment or systems are functioning properly. It doesn’t help our clients to invest in longer-lasting, higher-capacity batteries if their charging systems are defective. Often, we provide a new charger for a client’s computer when they originally thought the battery was the problem. We offer free and, for the most part, immediate automobile battery testing. The equipment we use not only

When a customer comes into our store, our associates demonstrate ways to save money on battery and light bulb needs and explain the various purchase options available. We can also recycle old batteries, light bulbs and select portable electronic devices as an added value. What have you learned from the recession?

Try to be fiscally responsible, don’t spend money you don’t have, don’t promise what you can’t deliver and be willing to accept responsibility for your actions. I think these concepts escape most politicians, which, in my humble opinion, creates recessions. I’ve also learned that elections have consequences.

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 Eli Segall’s vegasinc.com story “Home repossessions are rising as banks start to clear out foreclosure backlog”: Your neighbors, your friends and your relatives are getting hosed with higher loan rates because you didn’t want to pay the debt you owed. — elguapo505 On J.D. Morris’ vegasinc.com story “Regulators begin the tricky task of forming rules for skill-based slot games”: It’s going to be a major turn-off for people who lose too much money just because they’re not as skilled at some video game as their 22-year-old nephew. — ronmorgan7 On Conor Shine’s lasvegassun.com story “Two years after getting green light, why hasn’t marijuana industry sparked to life?” The real problem is the federal government says pot is illegal. — mustang81 On Kyle Roerink’s lasvegassun.com story “Despite court’s ruling on Affordable Care Act, expect new debate in Nevada”: If Republicans addressed the quality of health care for Nevadans with the same gusto they do for killing Obamacare, we could have health care instead of a 19th-century sick care system. — NLVProg

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VEGAS INC July 5- July 11

Franchising: Another avenue for entrepreneurs

M

guest column: franchising. UnhappyFranchisee.com presany people forget that franjames cross ents a skeptical look at the industry. There chising is classic entrepreare links on the site to franchise attorneys neurship. and a message board. Bluemaumau.com The basic idea is that fran(named after a fish) has a variety of content, chise system sponsors, or franchisers, share including lists of franchisee failure rates. their knowledge about running a business. Of course, that Recently, the industry has been trying to lure franchisees is not free. The the franchisee agrees to pay a one-time fee with incentives such as fee waivers or programs such as IFA’s and ongoing royalties, and contribute to umbrella marketing VetFran, which focuses on military veterans because of their programs. In return, they get to use the franchiser’s estabstrong work ethic, problem-solving skills, ability to take lished brand and business model. charge and lead, and willingness to follow orders. If veterans Anyone interested in buying a franchise needs to do the stick to the franchiser’s proven methods, they have a good homework. A good starting point is the International Franchance to be successful. Anytime Fitness currently has a chising Association website (IFA.org). Keep in mind, though: program for veterans. It is a trade association, so its view on the industry will be IFA also has an initiative called NextGen, aimed at young overwhelmingly positive. IFA also sponsors franchising franchisees. shows around the world and takes positions on legislation Another issue in franchising is failure rates. The industry that affects franchising. often quotes 5 percent, which is low compared with small busiA great investment for potential franchisees is attending ness in general. Franchisee screening and training contribute an IFA show to meet with companies and gather informato the lower rate. However, many academic studies poke holes tion. in the 5 percent figure. The industry normally does not count Franchise systems make extensive use of contracts, which “turnover” as failure, and many locations do turn over. govern all aspects of the business relationship. Historically, Overall, franchising is a good compromise between the contracts have addressed mainly the rights of the franchiser. corporate world and independent business. A franchisee reRecently, some systems (e.g. Taco Bell) have introduced ally is a “semi-independent” businessperson. more balanced and shorter contracts. Studies have shown James Cross is a marketing professor at Lee Business School that franchisees often sign contracts without legal represenat UNLV. He has a doctorate from the University of Minnesota tation and end up regretting it. and has taught franchising courses in Southeast Asia. There are several useful websites for people considering

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.

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VEGAS INC

your Business-to-business news

July 5- July 11

Send your business-related information to news@vegasinc.com

Rules for skill-based slots being written By J.D. Morris Staff Writer

Nevada’s effort to make casino floors feel more like arcades advanced recently as gaming regulators started crafting the rules to govern the introduction of skill into the state’s slot machines. The Gaming Control Board held its first workshop to receive input on regulations that will implement Senate Bill 9, which Gov. Brian Sandoval signed into law in May. The bill directs regulators to encourage “innovative, alternative and advanced technology” in casino games — now the board is making rules to figure out exactly how that will work. Once in place, the regulations should let slots play more like arcade and video games by allowing for an element of skill, ideally making the games more appealing to customers who aren’t attracted to traditional slots. Board Chairman A.G. Burnett said he expects the skill-based regulations will bring a “sea change” to the casino industry. “Really, what we are looking at is attempting to steer the state onto a new path, onto a new road, in terms of gaming,” he said. “Everyone here knows that we need a complete reinvigoration of slot games.” The bill was championed by the Association of Gaming Equipment Manu-

A player operates a joystick for a skill-based bonus game on an IGT slot machine during the Global Gaming Expo in 2012. (steve marcus/staff file)

facturers in large part to lure younger and more technologically savvy players onto casino floors. The association represents the biggest names in the slot industry, including International Game Technology and Scientific Games. But while the industry wants the new rules to help it evolve, advocates were clear that the introduction of skill will not entirely replace traditional slots. “It’s intended to be accretive to what is on the floors today,” attorney Dan Reaser told the board, representing the equipment association. “It is not intended to cannibalize the existing market.”

Reaser presented extensive regulatory recommendations that brought to light some complications the board will need to work out as it implements the Senate bill. For example, the bill mentions three distinct game categories: games of chance, games of skill and hybrid games. Determining standards for the third category — namely, how to ensure a proper balance between chance and skill — is a tricky task for regulators. The workshop also illuminated some of the new game possibilities the regulations could afford, such as “in-session features.” Under that proposal, includ-

Kerkorian’s will calls for ‘orderly’ sale of stock By J.D. Morris Staff Writer

When casino mogul Kirk Kerkorian died, he left behind an unimpeachable legacy in Las Vegas, where he built the gaming empire of MGM Resorts International. He also left behind a significant ownership stake in MGM Resorts. His shares will eventually be sold, a regulatory filing suggested. While Kerkorian stepped away from an executive role at MGM Resorts years ago, his Beverly Hills-based private investment firm Tracinda Corp. is still the company’s largest shareholder, with a stake of about 16 percent valued at about $1.75 billion. The firm said in a regulatory filing that Kerkorian’s will calls for an “orderly disposition” of Tracinda’s common stock in MGM Resorts, though it offered few other details. According to Tracinda’s filing with the Securities and Exchange Commission, the will designated Anthony Mandekic, CEO of Tracinda as well as a director of MGM Resorts, as the execu-

tor of Kerkorian’s estate. “Once such appointment has been formalized, Mr. Mandekic will be able to implement the directions of the Kerkorian will with respect to the orderly disposition of the common stock,” the filing says. “However, Tracinda continues to believe that there is substantial value in the assets of MGM Resorts and that the company is a good long-term investment.” Chris Jones, an analyst with Union Gaming Group, said he’d be surprised if the shares were sold all at once. Kerkorian’s death in Los Angeles came nine days after his 98th birthday. He was remembered widely as an influential casino industry executive who built the largest hotel in the world three times: first with the International (now the Westgate) in 1969, then the MGM (now Bally’s) in 1973 and then the MGM Grand in 1993. Kerkorian founded the MGM Resorts gaming giant, which today runs many of the most prominent Strip resorts, including the Bellagio, MGM Grand and Mandalay Bay.

ed in the recommendations from the equipment association, a player could be presented with an option that would allow him or her to select an item that improves gameplay. New mutliplayer games and the incorporation of social networking technology via video displays are other ideas included in the proposal. Eric Meyerhofer, the CEO of Gamblit Gaming, said it’s important that regulators let new games get to the casino floor as quickly as possible. “If the process we end up with is too slow to move, you’ll aim at a target, and by the time it’s on the floor, it’s too late,” he said. Gamblit makes products that play a lot like popular video games but with a wagering element added in, and the company has expressed interest in breaking into the Nevada market. In a document submitted to the board, Gamblit said the demographic targeted by the new rules is used to “playing a wide variety of ever changing content,” so casinos need to be able to keep their floors fresh with new or updated games if they want to capture those players. Burnett said the board would soon schedule another workshop to continue crafting the regulations. Once the board is satisfied, it will pass the baton to the Nevada Gaming Commission, which has the final say over what rules are adopted.

Car charging stations to link Las Vegas, Reno By cy ryan Staff Writer

U.S. Highway 95 will be called the “Electric Highway,” Gov. Brian Sandoval said in announcing that Nevada would join NV Energy to install charging stations for electric cars between Las Vegas and Reno. Using existing power lines between Las Vegas and Reno, the plan is to partner with five businesses along U.S. Route 95 and install three chargers at each by the end of the year. Money for the project will come from NV Energy and Nevada’s renewable energy tax abatements. Marie Steele, manager of electric vehicles and renewable energy of NV Energy, said 1,400 electric cars are registered in Nevada. In Nevada, there are 92 electric charging stations with 292 outlets, according to the U.S. Department of Energy website, compared with Arizona’s 312 electric charging stations and 787 outlets. The numbers do not include residential electric charging infrastructure.

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Why hasn’t marijuana industry sparked to life? By conor shine Staff Writer

In November, Joe Lamarca invited media members for a sneak preview of what he hoped would be the first dispensary in Nevada to begin legally selling medical marijuana to patients. Construction had just begun, with workers tearing up floors, putting in new walls and installing security systems that would turn the building, located next to a bar and a dentist’s office in a shopping center near Jones Boulevard and Robindale Road, into a Fort Knox of pot. Ever optimistic, Lamarca anticipated the store, dubbed Euphoria Wellness, would be open to patients Spokesman Jim Ferrence, from left, and owners Deanne Lamb and Joe in early January. Lamarca of Euphoria Wellness hosted an open house in November but have not Seven months later, construction has yet been able to sell their first ounce of medical marijuana. (l.e. baskow/staff file) been completed, inspections passed black market of medical marijuana a soon-to-open dispensary in Las Veand employees hired. Lamarca even indelivery services. gas. “A lot of these businesses, when vited the public to tour the dispensary “There are not options out there they applied in August, started paying and see the cases where medical marifor patients,” Sturtsman said. “Do you rent. They’re already starting to hemjuana would soon be displayed. want your mother or father who’s suforrhage cash.” But still, not a single gram of marifering from cancer going out to the In the meantime, medical marijuajuana has been sold by Euphoria Wellstreet corner to buy cannabis?” na entrepreneurs have been caught ness or any other dispensary in NeNo single factor is to blame for the in the lurch after having invested vada, despite it being two years since lengthy delays. Instead, extended demillions of dollars into the licensing the Legislature passed a law creating liberations at multiple steps of the process and building their facilities a system of growing facilities, laboraprocess, generally driven by a sense of without a single dollar of return on tories and retail dispensaries. caution and thoroughness by regulatheir investments so far. The pinch For Lamarca, the issue comes tors, have combined to put the indushas forced many businesses to raise down to one of supply. With growing try’s launch behind schedule. additional funding, either by asking operations just getting started and After the 2013 law was passed, current investors to pour in more crops taking several weeks to several the state anticipated it would begin money or selling off stakes in their months to harvest, there isn’t much its licensing application process in operations in return for new capital. product to sell. the spring of 2014. But as regula“I don’t think it’s gone as smoothWhile waiting for their crop to come tors worked to create the rules and ly as it could have gone,” said Dave in, Lamarca and his partners at Euphoevaluation criteria from scratch, that Thomas, whose group NevadaPure ria Wellness had planned to buy their process didn’t launch until August, recently broke ground on a cultivainitial stock from patients who had meaning state licenses needed to option and production facility on Boulbeen licensed to grow their own plants erate dispensaries and growing facilider Highway. Thomas estimated that under the state’s previous law. ties weren’t awarded until November. his group has had to raise more than But a dispute with Clark County In the meantime, Clark County $1 million above what was initially exover how much medical marijuana came up with its own zoning and land pected to fund ongoing startup costs. Euphoria Wellness can buy from an use process for medical marijuana “There were a lot of hurdles to go individual patient has thrown that businesses. through,” he said. “You had to sustain plan into jeopardy and delayed the This caused problems when the state your business and your facilities for a dispensary’s opening. and county disagreed on which busivery long period of time, which made It was just one of many setbacks nesses should be awarded one of the the thing much more costly than what suffered by operators eager to open. limited number of dispensary licenses. people initially thought it would be. I When the Legislature passed the new The two sides agreed on only 10 of the think it’s agonizing for people to conmedical marijuana laws in 2013, in18 licenses designated for unincorpotinue to have to reach into their own dustry insiders projected stores would rated Clark County, leaving some disfinances and their own net worth to be up, running and selling to patients pensaries with state approval but no keep the business going.” by the start of this year. But a lengthy county license and others with sign-off Patients also have suffered, as the application process followed by even from the county but not the state. delays mean an even longer wait for more rule-making and several legal disThe schism led to lawsuits that put access to medical marijuana. The putes have set back the timeline. applicants in legal limbo for months, drug has been legal for medicinal use “The industry is being held back a although a new law passed by the Legin Nevada since voters approved a little bit by government,” said Jason islature during the most recent sesconstitutional amendment in 2000, Sturtsman, who co-owns a cultivation sion is expected to resolve the issue. but until now patients were required and production facility in North Las Another key process, writing the to grow their own plants or turn to a Vegas and manages Las Vegas Releaf,

rules for independent testing laboratories, didn’t begin until January, with regulations being finalized only in the past few weeks. The labs are a crucial piece of the medical marijuana system — without labs to test the product, dispensaries can’t legally sell it to patients. So far, one lab has opened and another is expected to open soon, although there hasn’t been anything to test yet because only a handful of cultivation operations have begun growing plants. With the growing process taking up to three months to produce marketable product, the industry should hit its stride later this year. Despite the angst and hardship caused by the delays, medical marijuana operators credit the state for the thoroughness of its regulations. For instance, Colorado only recently imposed uniform standards requiring labs to test for potency and contaminants, while Nevada will have extensive rules covering how labs test for everything from molds to pesticides. “I’m kind of glad they took their time. I think the slower you do things, the more thought-out it is,” said Antonio Del Hierro, CEO of Steep Hill Nevada laboratory. “I can see why a lot of people are upset. I’d rather them get it right the first time than us having to revamp (the rules) every couple of months.” Derek Peterson, CEO of the publicly traded Terra Tech, praised Nevada’s regulations for being fair, merit-based and more “entrepreneur-friendly” than those of other states. “The reason (the industry) invited so much competition is it allowed for people to have a return on their investment. We think it’s going to be one of the largest markets in the country,” said Peterson, whose company holds eight licenses for dispensaries, cultivation and production facilities statewide. “The state put out very clear standards in terms of the application process. We had clear, concise info and always got a swift response.” Clark County Commissioner Steve Sisolak, who played a key role in leading the county’s licensing efforts, admits things have taken longer than expected but isn’t sure what could have been done differently. “We approved 18 dispensaries and all of the cultivators a year ago,” Sisolak said. “I would have thought it would have been done in less than a year. I think it took a lot longer than a lot of operators anticipated for planning, inspections and tenant improvements.”

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VEGAS INC July 5- July 11

drones , from page 1

Unmanned aerial systems could have up to $8 billion annual economic impact large institutional clients who need the detailed data drones can collect and hobbyist drone operators who can collect it. Drones, once regarded as only military weapons or hobbyists’ toys, appear poised to become mainstream in the United States and already have become big business in Nevada. Steve Hill, executive director the Governor’s Office of Economic Development, has estimated Nevada’s drone industry could have an economic impact of up to $8 billion annually. Although drones are new to much of the United States, Nevada has been developing and using them for more than two decades. The Nevada Institute for Autonomous Systems considers Nevada “the birthplace of the UAS industry.” Nevada’s connection with drones Sen. Dean Heller, R-Nev., was on hand at an event to announce the Federal Aviation can be traced to the 1990s, when the Administration’s first issuance of an unmanned aerial systems test site special U.S. Air Force began flying Preda- airworthiness certificate last year near Boulder City. (associated press file) tor drones out of Indian ers in Nevada, started Nevada drone timeline Springs Air Force Base. building drones for n 1990s: Air Force starts piloting Today, that base, Many sea rch-a nd-res- Predator military drones from Indian renamed Creech, in the drone cue operations Springs Air Force Base is one of the industry prefer and disaster re- n 2004: Desert Research Institute main locations the term UAS, or lief. unmanned autonomous from which Air starts using drones to collect data for system, over the more For many scientific experiments Force pilots colloquial drone, in part to years, Federal n 2007: Battlespace Flight Services fly drones for distinguish commercial Aviation Ad- opens military operaand civilian devices m i n i s t r a t i o n n 2011: Drone America opens tions around the from military regulations made world. n 2013: FAA selects Nevada as one of drones. using drones for six national drone test sites Anti-drone procommercial purposes testers often demonn 2014: Nevada Institute for Autonoimpractical or illegal, mous Systems established; UNR and strate and occasionally which restricted the growth UNLV start offering minor programs are arrested at the base. But of the industry. That changed in about drones; Nevada gets more drone the drones have created jobs, both 2013, when Nevada applied for and companies, including Skyworks Aerial within the military and in supportwas selected as one of six states Systems, Ashima Devices, Flirtey and ing businesses such as Battlespace, where the FAA could test how to ArrowData which provides support services for use unmanned vehicles in civilian n 2015: Nevada legislators introduce military drones. airspaces, including for commercial two drone-related bills; UNLV opens Drones’ nonmilitary uses also are its Drones and Autonomous Systems purposes. well-suited to Nevada’s open spaces Laboratory; the InterDrone conference The FAA now is using Nevada air will be in September at the Rio and sunny weather. The Desert Respace to test how to integrate drones search Institute, for example, has with current and next-generation used drones to collect data for sciair-traffic control systems. entific experiments for more than a to coordinate with the FAA and to But the symbolic value of Nevada’s decade. promote business uses for drones selection appears to have had a bigger Commercial uses of drones rein the state. And there already has impact on the industry than the FAA mains experimental, but Nevada has been a spike in the number of drone tests themselves. Last year, the Govproved to be an attractive place for companies launching in or moving to ernor’s Office for Economic Developcompanies to develop and test drones. Nevada. ment created the nonprofit Nevada Two years ago, Drone America, one of In 2014, two UNLV students startInstitute for Autonomous Systems the first civilian drone manufactur-

ed Skyworks Aerial Systems to make drone development kits; Australian company Flirtey partnered with UNR to develop a commercial drone delivery service; local company ArrowData began offering aerial filming and data collection using drones; and drone manufacturer Ashima Devices said it would move its headquarters from Pasadena, Calif., to Reno, where it expects to employ 400 Nevadans by 2018. To support these and other companies expected to arrive soon, the Nevada System of Higher Education has started programs to teach students about drones. Engineering schools at UNR and UNLV now offer UAS minors, and in April, UNLV opened its Drones and Autonomous Systems Laboratory. Paul Oh, the Lincy Professor of Unmanned Aerial Systems, directs the laboratory. Although the future looks good for the drone industry, its present remains turbulent. FAA regulations still prevent many commercial uses of drones, such as the delivery service Flirtey provides in Australia but cannot legally offer here. Regulations are so strict, Amazon moved its dronetesting program to Canada, which has more lenient laws. Congress has responded by introducing interim legislation designed to encourage companies such as Amazon and Google to keep their drone development programs in the United States. In early 2017, the FAA is expected to release new rules for drones. The regulations could lead the public to stop regarding drone companies as experimental and accept them as more mainstream businesses, similar to the shift that happened to Internet businesses in the late 1990s. And that could mean a surge of investment as drone companies become seen as safer bets. Until then, Nevada’s drone companies are pressing forward. This year, ArrowData was approved by the FAA to use drones for news gathering, and in early September, Las Vegas will host InterDrone, promoted as the largest commercial drone show in North America.

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July 5- July 11

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Calendar of events Tuesday, July 7 Large Vision Business Network Mixer ninth anniversary luncheon Time: 11 a.m.-2 p.m. Cost: $35 Location: Suncoast, 9090 Alta Drive, Las Vegas Information: Email lvbnmlasvegas@aol.com The event will include more than 6,000 exhibits and 50,000 attendees. There will be live entertainment, lunch and a silent auction.

Thursday, July 9

Learn how to detect vulnerabilities in a casino and how to equip yourself with the skills to catch card counters.

Friday, July 10 Federalist Society luncheon Time: 11:45 a.m. Cost: $50 for general admission, $35 for state, county and city attorneys and students Location: Fogo de Chao, 360 E. Flamingo Road, Las Vegas Information: Email lvfedsoc@yahoo.com Randy E. Barnett, a professor of legal theory and director of the Georgetown Center for the Constitution, will discuss Democratic and Republican views of the Constitution.

Monday, July 13

Las Vegas City Hall (steve marcus/file)

Society for Marketing Professional Services Las Vegas: City Hall tours Time: 3:30-5:30 p.m. Cost: Free for members, $15 for nonmembers Location: Las Vegas City Hall, 495 S. Main St., Las Vegas Information: Email Ellen.Guerra@hei-eng.com Las Vegas City Hall has won awards from the American Public Works Association, U.S. Conference of Mayors and Association of Energy Engineers. Tour the building, and learn about the city’s past and plans for the future. CDC Gaming webinar: “Protecting your casino from card counters” Time: 10 a.m. Cost: $149 Location and information: Visit cdcgamingseminars.com

Vegas Young Professionals Toastmasters meeting Time: 6-8 p.m. Cost: Free Location: Las Vegas Metro Chamber of Commerce, 575 Symphony Park Ave., Suite 100, Las Vegas Information: Email info@vegasyp.com Learn new speaking, presentation and leadership skills.

Tuesday, July 14 Henderson Chamber of Commerce networking breakfast Time: 7-9 a.m. Cost: $25 for members, $45 for nonmembers Location: Sunset Station, 1301 W. Sunset Road, Las Vegas Todd Hutchison, of Barclaycard US Henderson, will discuss ways banks can protect themselves and their customers from fraudulent activity.

Wednesday, July 15 Small business lending forum

Time: 8 a.m.-noon Cost: Free Location: InNEVation Center, 6795 Edmond St., Las Vegas Information: Email judith.hepburn@sba.gov Bankers, small-business owners, chamber of commerce officials and government agency representatives will explain how to use Nevada’s small-business loan programs and technical assistance programs. Marketing Success Seminar Las Vegas Time: 3-7:30 p.m. Cost: Free Location: Southwest Event Center, Hampton Inn Tropicana, 4957 S. Dean Martin Drive, Las Vegas Information: Visit lvchamber.com Members of Dex Media will discuss businessbuilding strategies. Local business leaders will offer tips on how to increase the productivity of your business.

Friday, July 17

Donald Rumsfeld served as secretary of state under former President George W. Bush. (associated press file)

Rumsfeld’s Rules Time: 8-10 a.m. Cost: $100 Location: Emperor’s Ballroom, Caesars Palace, 3570 Las Vegas Blvd. South, Las Vegas Information: Email info@econclublv.org Former Secretary of Defense Donald Rumsfeld will share his experiences in business, politics and war. A breakfast buffet is included, and attendees will receive a signed copy of Rumsfeld’s book, “Rumsfeld’s Rules.”

Conventions

expected Show

Location

Dates attendance

Planet Hollywood

July 8-12

700

Institute of Transportation Engineers Technical Conferences & Exhibits 2015

Planet Hollywood

July 8-14

500

UFC Fan Expo 2015

Sands Expo and Convention Center

July 10-11

12,000

USA/BMX Las Vegas Grand Nationals 2015

Equestrian Events Center at South Point

July 10-12

900

Cosmoprof North America 2015

Mandalay Bay

July 12-14

23,000

Freedom Fest 2015

18

VEGAS INC

the data

July 5- July 11

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Records and Transactions Bankruptcies CHAPTER 11 Turnberry/MGM Grand Towers LLC 11258 Corsica Mist Ave. Las Vegas, NV 89135 Attorney: Gregory E. Garman at ggarman@gtg.legal Turnberry/MGM Grand Tower B LLC 11258 Corsica Mist Ave. Las Vega, NV 89135 Attorney: Gregory E. Garman at ggarman@gtg.legal Turnberry/MGM Grand Tower C LLC 11258 Corsica Mist Ave. Las Vegas, NV 89135 Attorney: Gregory E. Garman at ggarman@gtg.legal

BID OPPORTUNITIES WEDNESDAY, JULY 8 2:30 p.m. Fluke one-touch and support State of Nevada, 8349 Nancy Feser at nfeser@admin. nv.gov

THURSDAY, JULY 9 3:00 p.m. LED modernization fixtures for Las Vegas Boulevard Clark County, 603720 Ashley Blanco at ashley.blanco@ clarkcountynv.gov 2:00 p.m. Viking-cives all-season combination dump body/spreader State of Nevada, 8350 Marti Marsh at mmarsh@admin. nv.gov 2:00 p.m. Williamsen-Godwin stainless steel dump bodies and attachments State of Nevada, 8351 Marti Marsh at mmarsh@admin. nv.gov

FRIDAY, JULY 10 2:15 p.m. Flamingo diversion Rainbow branch and Rainbow Boulevard, Sunset Road to Russell Road Clark County, 603657 Tom Boldt at tboldt@ClarkCountyNV.gov 2:15 p.m. Washington/Hollywood storm drain Clark County, 603730 Tom Boldt at tboldt@ClarkCountyNV.gov

Brokered transactions SALES $6,750,000 for 75,999 square

feet, retail 2797 S. Maryland Parkway, Las Vegas 89109 Seller: MLCFC 2007-7 Maryland Parkway LLC Seller agent: Joseph Bonifatto of Colliers International Buyer: Jahan Moslehi Buyer agent: Did not disclose $2,500,000 for 34,560 square feet, industrial 4635 Andrews St., North Las Vegas 89081 Seller: JPET Las Vegas LLC Seller agent: Dean Willmore of Colliers International Buyer: Highland Properties 1415 LLC Buyer agent: Did not disclose $715,408 for 5,864 square feet, office 1661 Horizon Ridge Parkway, Suites 200 & 250, Las Vegas 89012 Seller: Sunstone Horizon LLC Seller agent: Bridget Richards and Jason Lesley of Colliers International Buyer: David Hauser Buyer agent: Did not disclose $580,000 for 7,362 square feet, multifamily residential 311 S. 10th St., Las Vegas 89101 Seller: IDL Properties Seller agent: James Slack, Michael Shaffner and Michael LaBar of Avison Young Buyer: Chloe Collections LLC Buyer agent: Susan Hunt-Krygiell of Realty Executives

LEASES $370,327 for 2,800 square feet, industrial for 60 months 912 S. Rainbow Blvd., Las Vegas 89145 Landlord: Weingarten Nostat Inc. Landlord agent: Bob Miller of Gatski Commercial Tenant: James Restaurant II LLC Tenant agent: Did not disclose $302,000 for 6,728 square feet, office for 39 months 181 N. Arroyo Grande Blvd., Suite 105, Henderson 89074 Landlord: Samrose Henderson Landlord agent: Kris Watier and Brian Seibold of Avison Young Tenant: M.E.P. CAD Inc. Tenant agent: Marc Magliarditi and Jason Brooks of the Equity Group $198,0782 for 2,358 square feet, industrial for 72 months 9320 Sun City Blvd., Las Vegas 89134 Landlord: South Grove Ave. Landlord agent: Bob Miller and Laramie Bracken of Gatski Commercial Tenant: McKay Law Firm Tenant agent: Did not disclose $65,520 for 1,200 square feet,

retail for 39 months 3635 S. Fort Apache Road, Suite 203, Las Vegas 89147 Landlord: Twin 168 LLC Landlord agent: Troy Tobler of Virtus Commercial Tenant: Yuchun Wang & Five Star Gold LLC Tenant agent: Frak Liu of NVWM Realty $54,000 for 1,034 square feet, office for 69 months 6787 W. Tropicana Ave., Suite 105, Las Vegas 89118 Landlord: 6787 Tropicana LLC Landlord agent: Barton Hyde of Avison Young Tenant: Apex Properties and Management Tenant agent: Did not disclose

BUSINESS LICENSES G-five Medical Consultants LLC Business type: Business support services 3400 W. Desert Inn Road, Suite 10, Las Vegas Owner: Larry Smith G-Star Raw Retail Inc. Business type: General retail sales 575 S. Grand Central Parkway, Suite 3115, Las Vegas Owner: Kathleen M. Kundar Gourmet Creations LLC Business type: Personal services Did not disclose, Las Vegas Owner: Guy Frenkel Growingone Inc. Business type: Domestic corporation 170 S. Green Valley Parkway, Suite 300, Henderson Owner: Growingone Inc. Hands-On Repair Mobile Business type: Automotive 616 N. Magic Way, Henderson Owner: Richard J. Solomon Healthcare Media Alliance Business type: Management or consulting service 3011 Rigel Ave., Las Vegas Owner: Healthcare Media Alliance LLC Heat Transfer Warehouse Business type: General retail sales 3170 Polaris Ave. Suite 22, Las Vegas Owner: Heat Transfer Warehouse Inc. Hollywood Furniture III Business type: General retail sales 2416 Tam Drive, Las Vegas Owner: Hollywood Furniture LLC Hussong’s Cantina Business type: Restaurant 740 S. Rampart Blvd., Suite 7, Las Vegas

Owner: Hussong’s Summerlin LLC Icarepsychiatry Business type: Professional services 6759 W. Charleston Blvd., Suite 130, Las Vegas Owner: Did not disclose Impress Invitations Business type: Express/delivery service 9893 Canyon Peak Drive, Las Vegas Owner: Agnes Yates Integrated Voice Solutions Business type: General retail sales 385 Main St., Las Vegas Owner: Gerald Bolton International Lining Technology Business type: Contractor 850 Maestro Drive, Suite 101, Las Vegas Owner: Did not disclose J Cassell LLC Business type: Professional services Did not disclose, Las Vegas Owner: Janell Cassell J Robert Gamboa Business type: Real estate sales 5550 Painted Mirage Road, Suite 140, Las Vegas Owner: J Robert Gamboa Ltd. Jackie-Bee Boba Express Business type: Restaurant 6250 W. Charleston Blvd., Suite 110 and 120, Las Vegas Owner: Sweetea Inc. Jancorp Enterprises Inc. Business type: Management or consulting service 501 S. Rancho Drive, Suite E34, Las Vegas Owner: Janet L. Clark Jessy House Cleaning Business type: Property maintenance 3985 E. Cheyenne Ave., Suite 130, Las Vegas Owner: Jessica Marisol Tamayo Orozco Jeudy Tolentino Business type: Bail/enforcement agent 626 Las Vegas Blvd. South, Suite 120, Las Vegas Owner: Jeudy Tolentino JMI Auto Sales Business type: Automotive sales 3003 S. Valley View Blvd., Suite 185, Las Vegas Owner: Vicourtor Izquieroado Joanne I. Maioli Business type: General retail sales 1717 S. Decatur Blvd., Suite J01, Las Vegas Owner: Joanne Maioli

John Ryan Company Inc. Business type: Contractor 149 Camelot Drive, Las Vegas Owner: John Ryan J.T.B. Landscapers Business type: Contractor 2109 Langdon Way, North Las Vegas Owner: J.T.B Property Beautification - Landscape Design Kaiafit Las Vegas Business type: Instruction services 7595 W. Washington Ave., Suite 120, Las Vegas Owner: Alpha Female LLC Karma Hookah Lounge Business type: Tobacco sales/ lounge 6430 N. Durango Drive, Suite 110, Las Vegas Owner: David A. Atwood Ken Black Motorsports Business type: Automotive 965 Wagner Valley St., Henderson Owner: Jamaal Nacoste Kidz Preschool Business type: Commercial nursery 4645 W. Ann Road , North Las Vegas Owner: Ann Kidz LLC Kimberly Johnson Business type: Real estate sales 777 N. Rainbow Blvd., Suite 120, Las Vegas Owner: Kimberly Johnson Kmg Solutions Inc. Business type: Contractor 7800 Via Costada St. , Las Vegas Owner: Did not disclose Krystal Clear Pool Care/Fence Repair Business type: Residential property maintenance Did not disclose, Las Vegas Owner: Yosnay Malvarez-Perez La Providencia Shoe Shine Service Business type: Personal services 1717 S. Decatur Blvd., Suite J31, Las Vegas Owner: Marisol Garcia Carmona Las Vegas Addiction Services LLC Business type: Addiction treatment 1546 W. Warm Springs Road, Suite 130, Henderson Owner: Las Vegas Addiction Services LLC Las Vegas Luxury Beds Business type: General retail sales 495 S. Grand Central Parkway, Suite 219, Las Vegas Owner: Selecourt Luxury Beds Inc. Las Vegas Rooter LLC Business type: Contractor 5360 Cameron St., Suite 3, Las Vegas

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VEGAS INC

July 5- July 11

Records and Transactions Owner: Las Vegas Rooter LLC Las Vegas Sports Cafe Business type: Food services/cafe 1400 N. Rampart Blvd., Las Vegas Owner: Jean Paul Mercier Law Office of Janice Brown PLLC Business type: Law firm 2831 St. Rose Parkway, Suite 200, Henderson Owner: Law Office of Janice Brown PLLC Law Office of William H Jackson Business type: Professional services 6110 Elton Ave., Las Vegas Owner: William H Jackson Leap 4 Fun Business type: Landscape contractor 73 Ancient Hills Lane, Henderson Owner: Kids N’ Motion Inc. Life Coaching By Nanci Business type: Psychic arts 2400 N. Tenaya Way, Suite 101, Las Vegas Owner: Nanci Stone Liquor Lineup Business type: Liquor sales/full liquor off-sale 6462 Losee Road, North Las Vegas Owner: Elite Wine and Spirits Inc. Lisa Kaye Weatherman Business type: Real estate sales 9420 W. Sahara Ave. Suite 100, Las Vegas Owner: Lisa Weatherman Love Cloud LLC Business type: Office Did not disclose, Las Vegas Owner: Andriveew Johnson Lovo Cigars Business type: Tobacco sales/ lounge 216 S. Seventh St. Suite 1, Las Vegas Owner: Egda Ramaz Lowrys Catering Inc. Business type: Alcohol beverage caterer 4125 W. Charleston Blvd., Las Vegas Owner: Robert W. Lowry Luis Herrera Business type: Tailor 1829 E. Charleston Blvd., Suite 100, Las Vegas Owner: Luis Herrera

960 Stewart Drive, Las Vegas Owner: Michael Healy

Suite 130, Henderson Owner: Morganne Baum

Made In Heaven Tcups LLC Business type: Internet sales 2421 Morocco Ave., North Las Vegas Owner: Made In Heaven Tcups LLC

Morphiture Business type: Repair and maintenance Address: Did not disclose, Las Vegas Owner: James McDonald

Main Street Las Vegas LLC Business type: Business space rent or lease 1233 S. Main St., Las Vegas Owner: Rebeca Miller Mango Tango Bar & Grill Business type: Tavern 2101 S. Decatur Blvd. Suite 1, Las Vegas Owner: Gus Escobar LLC Mannie’s Flooring Inc. Business type: Contractor 645 Desert Passage St., Las Vegas Owner: Did not disclose Marketings Business type: Management or consulting service 418 W. Mesquite Ave., Suite 130, Las Vegas Owner: Market Engs LLC Marval Lawn Service Business type: Repair and maintenance 5248 Blanton Drive, Las Vegas Owner: Jesus Tapia Morales Maui Wowi Hawaiian Business type: Food services/cafe 1717 S. Decatur Blvd., Suite D50, Las Vegas Owner: Xanadu International Corp McDonald’s Business type: Restaurant 10290 W. Charleston Blvd. and 1980 Village Center Circle, Las Vegas Owner: Worktolive LLC Metropolitan Auto Body And Paint of Henderson Business type: Electronic repair 731 Susanna Way, Henderson Owner: Hexbex Works LLC Misty Bourne Business type: Real estate sales 1820 E. Sahara Ave., Suite 101, Las Vegas Owner: Misty Dawn Bourne Molly’s Tenaya Business type: Tavern 3250 N. Tenaya Way, Suite 100, Las Vegas Owner: Molly’s Tenaya LLC

Luna’s Fashion Business type: General retail sales 1717 S. Decatur Blvd., Suite B06, Las Vegas Owner: Diana R. Garay

Moran Equestrian Inc. Business type: Equistrian business 2553 Lockerbie St., Henderson Owner: Moran Equestrian Inc.

M5 Networks LLC Business type: Public utility telephone

Morganne Baum Business type: Psychic arts Address: 9550 S. Eastern Ave.,

Morris D. Courtney Business type: Real estate sales Address: 777 N. Rainbow Blvd., Suite 120, Las Vegas Owner: Morris D. Courtney Munson Pump Systems Business type: Contractor Address: 19799 Hirsch Court, Las Vegas Owner: Jason Munson Nice Cleaning Service Business type: Trucking Address: 2317 Isabelle Ave. , Las Vegas Owner: Nice & Clean Corp. Nicholas W. Nolf Business type: Real estate sales Address: 10181 Park Run Drive, Suite 190, Las Vegas Owner: W Nicholas Nolf NKB Properties LLC Business type: Real estate sales Address: 1401 Foothills Village Drive, Henderson Owner: NKB Properties LLC Norse Skin Care LLC Business type: General retail sales Address: 5643 Centennial Center Blvd., Suite 150, Las Vegas Owner: Kristine Yuhas

Parti Pak Productions Business type: Alcohol beverage caterer Address: 2800 W. Sahara Ave., Suites 2C and 3C, Las Vegas Owner: Parti Pak Productions Inc. Party Candy Business type: General retail sales Address: 4530 E. Charleston Blvd., Suite G2, Las Vegas Owner: Valentino Catalina Patrick Thomas Business type: Massage therapist Address: 4238 Belkin Court, North Las Vegas Owner: Patrick Thomas Perfect Touch Mobile Detailing Business type: Contractor Address: 10162 Lemon Thyme St., Las Vegas Owner: Cambreque Q. Lennon Petland Las Vegas Business type: General retail sales Address: 8800 W. Charleston Blvd., Suite 3, Las Vegas Owner: TLC Strategy Inc. Petro Stopping Centers Business type: Restricted gaming Address: 6595 N. Hollywood Blvd., North Las Vegas Owner: Ta Operating Nevada LLC Professional Cleaning Multiservices Business type: Repair and maintenance Address: Did not disclose, Las Vegas Owner: Delia G. Enriquez

Northstar Realty Group Inc. Business type: Real estate sales Address: 7730 W. Sahara Ave., Suite 105, Las Vegas Owner: Patricia A. Burton

Ramirez Cleaning Business type: Residential property maintenance Address: Did not disclose, Las Vegas Owner: Monica Ramirez

Omelet House Summerlin Business type: Alcohol beverage caterer Address: 2227 N. Rampart Blvd., Las Vegas Owner: Azzurri LLC

RE Wyatt Transportation Business type: Towing Address: 1125 Bluff Ave. , North Las Vegas Owner: R.E. Wyatt Transporation LLC

On Deck Baseball Academy LLC Business type: Outdoor sports center Address: 4482 N. Rancho Drive, Las Vegas Owner: Andrive Concepcion

Reflections Dance Center Business type: Instruction services Address: 2250 N. Rainbow Blvd., Suite 130, Las Vegas Owner: Just Dance LLC

Ortiz Enterprises Inc. Business type: Merchandise broker Address: 7040 Laredo St., Las Vegas Owner: Joey Ortiz Otte Mobile Mix Business type: Supply sales Address: 120 W. Delhi Ave. , North Las Vegas Owner: Nevada Mobile Materials LLC

Renewable Energy Electric Business type: Contractor Address: 7180 Dean Martin Drive, Suite 100, Las Vegas Owner: Did not disclose Richard Blakey Business type: Real estate sales Address: 9420 W. Sahara Ave., Suite 100, Las Vegas Owner: Richard Blakey LLC Richard Lowery

Business type: Real estate sales Address: 1820 E. Sahara Ave., Suite 101, Las Vegas Owner: Richaroad Lowery Ries Clothing LLC Business type: General retail sales Address: Did not disclose, Las Vegas Owner: Jarad Ries Rockwell Healthcare Inc. Business type: Residential home care provider Address: 5300 W. Sahara Ave., Suite 105, Las Vegas Owner: Mary Pastrano Ryan Todd Business type: Independent massage therapist Address: 4325 W. Rome Blvd., Suite 2131, Las Vegas Owner: Ryan Todd S and D Wholesale Business type: Tobacco sales/ lounge Address: 21 N. Pecos Road, Suite 101, Las Vegas Owner: S&D Wholesalers LLC S&S Enterprise Business type: Tobacco sales/ lounge Address: 21 N. Nellis Blvd., Las Vegas Owner: S&S Enterprise LLC Safe Insight LLC Business type: Automotive sales Address: 600 W. Sunset Road, Suite 102, Henderson Owner: Safe Insight LLC Sarah Pamies Business type: Real estate sales Address: 1820 E. Sahara Ave., Suite 101, Las Vegas Owner: Sarah Pamies Short Sale Success LLC Business type: Office Address: 170 S. Green Valley Parkway, Suite 200, Henderson Owner: Jaleeter LLC Sin City Thairapy Business type: General retail sales Address: 950 S. Durango Drive, Suite 120, Las Vegas Owner: Heather Garfield Skew Mediterranean Grillhouse Business type: Food services/cafe Address: 2521 S. Fort Apache Road, Suite 102, Las Vegas Owner: Food Co Inc. SMA Convenient Care Business type: Medical Office Address: 75 S. Valle VeRoade Driveive, Suite 100, Henderson Owner: Linda L. Johnson Smokes & Vapors 4 Business type: Tobacco dealer Address: 9101 W. Sahara Ave.,

20

VEGAS INC July 5- July 11

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Records and Transactions Suite 101, Las Vegas Owner: Royale Singhs Inc. Soto Corporation Business type: Repair and maintenance Address: Did not disclose, Las Vegas Owner: Francisco Soto Huerta Southwest Electric Business type: Contractor Address: 1196 Wigwam Parkway, Henderson Owner: South West Electric & Solar LLC Southwest Medical Associates Inc. Business type: Medical Office Address: 75 S. Valle Verde Drive, Suite 100, Henderson Owner: Southwest Medical Associates Inc. Space City Assembly Business type: Furniture sales Address: 6520 N. Butterfly Sky St., North Las Vegas Owner: Vincent Mendez Spectrum Services Inc. Business type: Engineering firm Address: 8905 W. Post Road, Suite 100, Las Vegas Owner: Spectrum Services Inc. Spel Group LLC Business type: Internet Entertainer Address: 2800 W. Sahara Ave., Suite 1K, Las Vegas Owner: Lonn Feuer Sponge & Bubbles Cleaning Service Business type: Repair and maintenance Address: Did not disclose, Las Vegas Owner: Jesus Oropeza Peralta Starbucks Coffee Business type: Food services/cafe Address: 4717 W. Charleston Blvd., Las Vegas Owner: Starbucks Corp. Stateside Express Business type: Convenience store Address: 905 Las Vegas Blvd. North, Las Vegas Owner: Guru Ramdas Inc. Steinberg Diagnostic Medical Business type: Professional services Address: 800 Shadow Lane, Las Vegas Owner: SDMI Limited Partnership Sumits Yoga Business type: Instruction services Address: 9330 W. Sahara Ave., Suite 160, Las Vegas Owner: Summerlin Pilates Inc. Sunny Smoke Shop Business type: Tobacco sales/ lounge

Address: 240 N. Jones Blvd., Suite C, Las Vegas Owner: Kulvir & Amar LLC Sunset Lock and Key LLC Business type: Locksmith Address: 115 Dogwood St., Henderson Owner: Sunset Lock and Key LLC Tammy Pitts Business type: Real estate sales Address: 8290 W. Sahara Ave., Suite 100, Las Vegas Owner: Tammy Pitts Taylor Sullivan Lilley Business type: Real estate sales Address: 3658 N. Rancho Drive, Suite 101, Las Vegas Owner: Taylor Sullivan Lilley Tec Equipment Inc Business type: Automotive service Address: 3848 Civic Center Drive, North Las Vegas Owner: Tec Equipment Inc. The Arts Factory LLC Business type: Alcohol beverage caterer Address: 107 E. Charleston Blvd., Las Vegas Owner: The Arts Factory LLC The Crafting Wizard Business type: Sales Address: 1814 Stanford St., North Las Vegas Owner: Bobbi Mccarroll The Pool Shark LLC Business type: Contractor Address: 660 Hardroad Way, Las Vegas Owner: Did not disclose The Smoke Shop Business type: Tobacco sales/ lounge Address: 1965 N. Decatur Blvd., Las Vegas Owner: The Smoke Shop LLC Thomas J Wescott Business type: Real estate sales Address: 5550 Painted Mirage Road, Suite 140, Las Vegas Owner: Thomas J. Wescott Tiny Little Pads Business type: Designer Address: 817 S. Main St., Suite 100, Las Vegas Owner: Tiny Little Pads LLC Tlm Networks LLC Business type: Office Address: Did not disclose, Las Vegas Owner: Thomas Mutters Tobacco Leaf Business type: Tobacco sales/ lounge Address: 7175 W. Lake Mead Blvd., Suite 120, Las Vegas Owner: Tobacco Leaf LLC

Top Flight Business type: Sales Address: 6221 Boulder Rise St., North Las Vegas Owner: Robert Jensen

BUILDING PERMITS $15,400,000, commercial - alteration 333 W. Gowan Road, North Las Vegas Capitol Steel Constructors Inc. $1,150,000, commercial - remodel 2290 Corporate Circle LLC, Suite 100, Henderson Burke Construction Group Inc. $750,000, block/retaining 10031 Centennial Parkway , Las Vegas Hirschi Masonry LLC $577,000, office 2453 Ernest May Lane, Las Vegas Caliente Construction Inc. $500,000, commercial 1925 N. Martin L. King Blvd., Las Vegas Radix Construction Inc. $383,000, commercial 2453 Ernest May Lane, Las Vegas Caliente Construction Inc. $352,500, commercial - remodel 3021 W. Horizon Ridge Parkway, Henderson Stengel Hill Architecture, Suite B $351,200, electrical 333 S. Valley View Blvd., Las Vegas American Southwest Electric $338,522, residential - custom 1600 Villa Rica Drive, Henderson James Frantz $279,024, residential - production 64 Bella Lago Ave., Henderson William Lyon Homes $270,000, commercial - new 3950 N. Bruce St., North Las Vegas Windset Nevada Properties Inc. $259,865, commercial - alteration 2705 W. Lake Mead Blvd., North Las Vegas Marco Contractors Inc. $250,412, residential - production 909 Vegas View Drive, Henderson Blue Heron $240,000, retail 1651 W. Horizon Ridge Parkway, Suite 110, Henderson TFD Construction $230,949, residential - production 2577 Prairie Pine St., Henderson Pardee Homes of Nevada

$225,000, tenant improvement 6690 N. Durango Drive , Las Vegas LC & D Construction Inc. $214,758, residential - production 229 Viale Aventino, Henderson Greystone Nevada $213,871, residential - production 2134 County Down Lane, Henderson Toll Henderson LLC $212,004, pool and/or spa 1517 Champion Hills Lane, Las Vegas Ozzie Kraft Enterprises Inc. $210,000, restaurant 725 S. Grand Central Parkway, Las Vegas DC Building Group LLC $206,440, residential - production 2572 Prairie Pine St., Henderson Pardee Homes of Nevada $205,456, commercial - remodel 60 Corporate Park Drive, Henderson NDI Group Inc. $200,000, commercial 1925 N. Martin L. King Blvd., Las Vegas Radix Construction Inc. $200,000, electrical 2453 Ernest May Lane, Las Vegas Caliente Construction Inc. $188,340, mounted photovoltaic system 1614 Phillips Ave., Las Vegas Centrair electrical $187,255, residential - production 2569 Prairie Pine St., Henderson Pardee Homes of Nevada $186,257, residential - production 338 Via Dante, Henderson Greystone Nevada $186,257, residential - production 843 Via Serenelia, Henderson Greystone Nevada $179,769, residential - production 224 Viale Aventino, Henderson Greystone Nevada $179,769, residential - production 1081 Via Della Costrella, Henderson Greystone Nevada $179,658, residential - production 2186 Tortona St., Henderson Pardee Homes of Nevada $178,000, single-family residential 1728 Ivanhoe Way, Las Vegas Copper Creek Construction $175,008, single-family residential - production 3237 Grayson Lake Court, Las Vegas

Adaven Homes LLC $174,300, commercial 430 Parkson Road, Henderson TWC Construction Inc. $173,935, residential - new 3717 Blissful Bluff St., North Las Vegas Richmond American Homes of Nevada $173,935, residential - new 2511 Endearing Court, North Las Vegas Richmond American Homes of Nevada $171,562, residential - production 2194 Tortona St., Henderson Pardee Homes of Nevada $170,342, residential - production 847 Via Serenelia, Henderson Greystone Nevada $169,954, residential - production 2187 Tortona St., Henderson Pardee Homes of Nevada $169,732, residential - production 839 Via Serenelia, Henderson Greystone Nevada $168,673, residential - new 1020 Pine Vista Court, North Las Vegas Pardee Homes of Nevada $168,673, residential - new 1017 Pine Vista Court, North Las Vegas Pardee Homes of Nevada $167,685, single-family residential - production 351 Rezzo St., Las Vegas Pulte Homes Of Nevada $167,685, single-family residential - production 12228 Nasino Ave., Las Vegas Pulte Homes Of Nevada $167,685, single-family residential - production 12224 Nasino Ave., Las Vegas Pulte Homes Of Nevada $161,809, residential - new 1024 Pine Vista Court, North Las Vegas Pardee Homes of Nevada $161,809, residential - new 1021 Pine Vista Court, North Las Vegas Pardee Homes of Nevada $160,639, residential - production 2576 Prairie Pine St., Henderson Pardee Homes $160,639, residential - production 2573 Prairie Pine St., Henderson Pardee Homes $160,639, residential - production

the data Send your business-related information to news@vegasinc.com

21

the VEGAS sunday INC July 5- July 11

Records and Transactions 2568 Prairie Pine St., Henderson Pardee Homes $158,479, residential - new 2410 Endearing Court, North Las Vegas Richmond American Homes of Nevada $158,479, residential - new 3721 Blissful Bluff St., North Las Vegas Richmond American Homes of Nevada $158,479, residential - new 3004 Chiefs Court, North Las Vegas Richmond American Homes of Nevada $158,404, residential 3612 Corte Bella Hills Ave., North Las Vegas J.F. Shea Co. Inc. $156,203, residential - production 2191 Tortona St., Henderson Pardee Homes of Nevada $155,000, tenant improvement 855 S. Grand Central Parkway, Suite 1501, Las Vegas Horizon Retail Construction $152,756, tenant improvement 8975 W. Charleston Blvd., Suite 100, Las Vegas Donald B. Webb $147,941, residential - complete model 274 Inflection St., Henderson Richmond American Homes of Nevada $147,148, residential - new 1796 Gentle Brook St., North Las Vegas Pardee Homes of Nevada $145,723, residential - production 2190 Tortona St., Henderson Pardee Homes of Nevada

$140,919, single-family residential - production 12266 Argent Bay Ave. , Las Vegas KB Home Nevada Inc.

$129,143, residential - production 1080 Via Della Costrella, Henderson Greystone Nevada

$140,289, residential - production 889 Spring Tide Ave., Henderson KB Home Nevada Inc.

$129,143, residential - production 225 Viale Aventino, Henderson Greystone Nevada

$139,734, residential - complete remodel 695 Fantasy Court, Henderson Storybook Contracting LLC

$129,039, residential - new 3012 Chiefs Court, North Las Vegas Richmond American Homes of Nevada

$138,815, single-family residential - production 7290 Zonal Ave., Las Vegas Richmond American Homes of Nevada

$129,039, residential - new 3917 Coleman St., North Las Vegas Richmond American Homes of Nevada

$136,906, residential - production 936 Harbor Ave., Henderson KB Home Nevada Inc. $134,910, residential - production 3025 Ash Creek Ave., Henderson Pardee Homes of Nevada $134,910, residential - production 3017 Ash Creek Ave., Henderson Pardee Homes of Nevada $134,910, residential - production 2516 Bankhurst St., Henderson Pardee Homes of Nevada $134,910, residential - production 2521 Bankhurst St., Henderson Pardee Homes of Nevada $134,483, single-family residential - production 12233 Terrace Verde Ave., Las Vegas KB Home Nevada Inc. $134,440, single-family residential - production 3245 Grayson Lake Court, Las Vegas Adaven Homes LLC

$145,723, residential - production 2195 Tortona St., Henderson Pardee Homes of Nevada

$134,440, single-family residential - production 3241 Grayson Lake Court, Las Vegas Adaven Homes LLC

$143,336, residential - new 1012 Pine Vista Court, North Las Vegas Pardee Homes of Nevada

$134,434, single-family residential - production 6679 Conquistador St., Las Vegas Ryland Homes

$143,336, residential - new 1025 Pine Vista Court, North Las Vegas Pardee Homes of Nevada

$133,118, single-family residential production 447 Astillero St., Las Vegas Ryland Homes

$142,396, residential - production 710 Gulf Pearl Drive, Henderson KB Home Nevada Inc.

$133,048, residential 3913 Coleman St., North Las Vegas Richmond American Homes of Nevada

$141,287, residential - complete remodel 278 Inflection St., Henderson Richmond American Homes of Nevada

$132,764, residential - new 5645 Pleasant Palms St., North Las Vegas J.F. Shea Co. Inc.

$129,039, residential - new 3841 Coleman St., North Las Vegas Richmond American Homes of Nevada $129,039, residential - new 3720 Blissful Bluff St., North Las Vegas Richmond American Homes of Nevada

7836 Blue Lake Peak St., Las Vegas Ryland Homes $123,813, single-family residential - production 9168 Sea Mink Ave., Las Vegas DR Horton Inc. $122,822, residential - production 383 Gracious Way, Henderson Ryland Homes $121,327, residential - new 3837 Coleman St., North Las Vegas Richmond American Homes of Nevada $121,327, residential - new 2513 Festive Court, North Las Vegas Richmond American Homes of Nevada $121,327, residential - new 3716 Blissful Bluff St., North Las Vegas Richmond American Homes of Nevada

$126,260, residential - complete model 696 Fantasy Court, Henderson Storybook Contracting LLC

$121,327, residential - new 24006 Endearing Court, North Las Vegas Richmond American Homes of Nevada

$125,705, residential - production 3021 Ash Creek Ave., Henderson Pardee Homes of Nevada

$121,269, residential - production 2528 Bankhurst St., Henderson Pardee Homes of Nevada

$125,705, residential - production 3029 Ash Creek Ave., Henderson Pardee Homes of Nevada

$121,269, residential - production 2524 Bankhurst St., Henderson Pardee Homes of Nevada

$125,705, residential - production 2517 Bankhurst St., Henderson Pardee Homes of Nevada

$120,835, residential - new 5832 Brown Tree Lane, North Las Vegas Beazer Homes Holdings Corp.

$125,705, residential - production 2520 Bankhurst St., Henderson Pardee Homes of Nevada $125,705, residential - production 2525 Bankhurst St., Henderson Pardee Homes of Nevada $125,540, residential - new 1324 Lamance Court, North Las Vegas Pardee Homes of Nevada $125,540, residential - new 1325 Lamance Court, North Las Vegas Pardee Homes of Nevada $125,404, residential - new 1324 Lamance Court, North Las Vegas Pardee Homes of Nevada $124,605, single-family residential - production 7844 Blue Lake Peak St., Las Vegas Ryland Homes $124,605, single-family residential - production

- production 9156 Sea Mink Ave., Las Vegas DR Horton Inc. $111,777, single-family residential production 7126 Orion Bands St., Las Vegas Ryland Homes $111,399, residential - production 399 Ambitious St., Henderson Ryland Homes $111,399, residential - production 272 Persistence Court, Henderson Ryland Homes $111,399, residential - production 872 N. Water St., Henderson Ryland Homes $110,047, residential - new 1016 Pine Vista Court, North Las Vegas Pardee Homes of Nevada $110,047, residential - new 1013 Pine Vista Court, North Las Vegas Pardee Homes of Nevada $108,025, commercial - alteration 2315 E. Cheyenne Road, North Las Vegas Milestone Construction Inc. $107,887, single-family residential - production 9150 Sea Mink Ave., Las Vegas DR Horton Inc. $107,510, single-family residential - production 7840 Blue Lake Peak St., Las Vegas Ryland Homes

$117,277, residential - production 969 Harbor Ave., Henderson KB Home Nevada Inc.

$107,510, single-family residential - production 7857 Blue Lake Peak St., Las Vegas Ryland Homes

$115,901, residential - new 1404 Lamance Court, North Las Vegas Pardee Homes of Nevada

$103,549, single-family residential - production 9162 Sea Mink Ave., Las Vegas DR Horton Inc.

$115,901, residential - new 1408 Lamance Court, North Las Vegas Pardee Homes of Nevada

$102,527, residential - production 711 Gulf Pearl Drive, Henderson KB Home Nevada Inc.

$113,728, residential - production 844 Via Serenelia, Henderson Greystone Nevada $113,617, residential - complete model 270 Inflection St., Henderson Richmond American Homes of Nevada $113,227, single-family residential - production 9174 Sea Mink Ave., Las Vegas DR Horton Inc. $113,227, single-family residential

$102,527, residential - production 707 Gulf Pearl Drive, Henderson KB Home Nevada Inc. $101,806, residential - production 287 Via San Gabriella, Henderson Century Communities of Nevada LLC $100,420, residential - production 401 Ambitious St., Henderson Ryland Homes

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VEGAS INC

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The List

Category: commercial real estate developers (Ranked by square feet developed by april 30)

L.E. Baskow/staff

Company

Year est.

Sq. ft. developed

Office

Industrial

Retail

Sq. ft. under construction

1

Harsch Investment Properties 3111 S. Valley View Blvd., Suite K101 Las Vegas, NV 89102 702-362-1400 • harsch.com

1995

8.2 million

9%

84%

7%

0

John Ramous, senior vice president, regional manager

2

Majestic Realty Co. 4050 W. Sunset Road, Suite H Las Vegas, NV 89118 702-896-5564 • majesticrealty.com

1994

5.8 million

10%

89%

1%

0

Rodman C. Martin, senior vice president

3

EJM Development Co. 7140 Dean Martin Drive, Suite 1200 Las Vegas, NV 89118 702-597-1852 • ejmdevelopment.com

1994

4.5 million

14.2%

85.1%

0.7%

0

Susan Wincn, vice president of Nevada properties

4

Gatski Commercial Real Estate Services 4755 Dean Martin Drive Las Vegas, NV 89103 702-221-8226 • gatskicommercial.com

1993

3.2 million

18%

22%

60%

0

Frank Gatski, president and CEO

5

Prologis Inc. 4031 N. Pecos Road, Suite 107 Las Vegas, NV 89115 702-891-9292 • prologis.com

1994

2.9 million

-

100%

-

153,700

Jeff Foster, vice president, market officer

6

Panattoni Development Co. 3773 Howard Hughes Parkway, Suite 1405 Las Vegas, NV 89169 702-269-1360 • panattoni.com

1996

2.8 million

10%

90%

-

416,000

Doug Roberts, partner

7

Impact Development 3275 S. Jones Blvd., Suite 105 Las Vegas, NV 89146 702-363-4788 • impactlv.com

1986

2.3 million

38%

-

62%

Did not disclose

Jeff Susa, managing partner

8

Juliet Cos. 8375 W. Flamingo Road, Suite 200 Las Vegas, NV 89147 702-368-5800 • julietcompanies.com

1986

2.1 million

8%

22%

70%

Did not disclose

John Stewart, principal

9

Summerlin/The Howard Hughes Corp. 10801 W. Charleston Blvd., Third Floor Las Vegas, NV 89135 702-791-4000 • summerlin.com

1990

1.6 million

12.5%

-

87.5%

0

Kevin Orrock, Summerlin president

H&H Development 2470 St. Rose Parkway, Suite 306H Henderson, NV 89074 702-568-8412 • handhdevelopment.com

1998

480,000

40%

50%

10%

Did not disclose

Greg Hyde, member

Grand Canyon Development Partners 6841 S. Eastern Ave., Suite 103 Las Vegas, NV 89119 702-492-5300 • grandcanyoninc.com

2005

137,000

3.7%

N/A*

63.5%

48,000

Sam Nicholson, president

10 11

Top executive

* Grand Canyon Development Partners listed 32.8 percent of its development as “other.” Source: VEGAS INC research. It is not the intent of this list to endorse the participants or to imply that the listing of a company indicates its quality. Although every attempt is made to ensure the accuracy and thoroughness of VEGAS INC charts, omissions sometimes occur and some businesses do not respond. Please send corrections or additions on company letterhead to Julie Ann Formoso, research associate, VEGAS INC, 2360 Corporate Circle, Third floor, Henderson, NV 89074.

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