v e g a s i n c . c o m | j u l y 2 6 - a u g u s t 1, 2 0 1 5
From left, Sens. Amy Klobuchar, D-Minn.; Maria Cantwell, D-Wash.; Heidi Heitkamp, D-N.D.; and Charles Schumer, D-N.Y., participate in a news conference June 11 in Washington. They called on Senate Majority Leader Mitch McConnell to move forward quickly with a real path to extending the life of the Export-Import bank. (associated press)
Exporters stuck in limbo Business owners feel backstabbed by Congress’ failure to reauthorize federal Export-Import Bank By Julie Ann Formoso | Staff writer
Carlos Banchik was practically raised on construction sites. As a boy in Argentina, he helped his father, an engineering contractor, build low-income housing. ¶ Following in his dad’s footsteps was only natural. ¶ In 2003, Banchik started a small engineering business, Innova Technologies, in Las Vegas. ¶ While hundreds of companies nationwide tanked exports, Continued on page 15
$35.3M
SLS Las Vegas’ net loss during the first quarter of this year. Since opening in August, the resort has struggled financially while trying to position itself as a locals casino.
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Number of Haggen grocery stores in Southern Nevada. The Washington-based chain is laying off employees just months after buying 146 stores in Southern Nevada, Southern California and Arizona.
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VEGAS INC
JULY 26- AUGUST 1
CONTENTS PUBLISHER Donn Jersey (donn.jersey@gmgvegas.com)
EDITORIAL
NOTEWORTHY STORIES
05 06 18 Q&A WITH KIM WOOD
The director of wine at Aria talks about the similarities between his work as a sommelier and his education biomedical engineering, his favorite kinds of wines, the California drought and why he loves baseball. THE NOTES People on the move, P4
MEET: VIOLIN OUTLET
For more than 30 years since opening her business, Mara Lieberman has been part of the Las Vegas music scene — mostly behind the scenes, serving the professional and educational communities. TALKING POINTS Urgent care has eased pressure on medical field, 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: Law firms, 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, 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
HOW HIGH CAN ALLEGIANT’S STOCK PRICE SOAR? When Allegiant Air’s pilots threatened to strike, executives warned it would cost the Las Vegas carrier millions of dollars a day and scare off fliers. The strike was blocked by the courts, though it sure scared investors. Shares of parent Allegiant Travel Co. were worth $192.29 apiece at the end of trading March 31. The next day, when the strike was announced, they fell to $179.65, and by late May, they had plunged to $152.63. Now, with the strike-threat subsided, the stock has recovered and reached new highs, with shares hovering over $200. Allegiant’s stock had been rising steadily for a few years before the walkout was threatened. Investors were rightfully spooked — who wants to own stock in an airline that loses its pilots overnight? — but in their eyes, the situation is looking better now. At Allegiant’s annual shareholders meeting June 18, management announced that investors, in a blow to labor groups’ efforts to shake up Allegiant’s corporate governance, had re-elected its board and rejected a proposal to curb executive pay. The stock rose 6 percent that day. Wolfe Research analyst Hunter Keay sent out a report July 8 titled,
“Gravity defiance. Buy this stock.” He said ultra-low-cost Allegiant was “the world’s most profitable airline” and that other carriers have “bloated cost structures.” Allegiant’s stock is climbing again, but a renewed labor spat could wipe out those gains. And the fight isn’t over: The pilots’ union has appealed a ruling to halt the strike. — ELI SEGALL
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 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 29 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
July 26- August 1
Lung Center of Nevada is the new pulmonary division of Comprehensive Cancer collier hsu Centers of Nevada. Services include a lung cancer screening service that uses a low-dose tu wojcik CT scan for targeted patients, as well as evaluation, diagnosis and referrals for patients with lung and bronchus cancer. The new division also will treat other lung diseases and sleep disorders, including asthma, emphysema, chronic bronchitis, chronic cough, nicotine dependence, snoring, insomnia and obstruc- nietrzeba tive sleep apnea. Physicians joining the team are John Collier, James Hsu, George Tu, John Wojcik and Ralph Nietrzeba. Rajeev Chhabra is area general manager and Vicki Rousseau is area director of marketing for chhabra rousseau Las Vegas North and South Premium Outlets. The Nevada Association of Women Business Owners celebrated its 17th annual Women of Distinction awards. Honorees included Toni Corbin, Southwest Medical Associates; Jeri Crawford, Las Vegas Philharmonic; Lorraine Marshall, Irenic Consulting Group LLC; Lynn Goya, Clark County Clerk’s Office; Claudia Kuzniak, Sedway Middle School; Diane Gandy, Nevada Hotel and Lodging Association; Gayla Boyd, Truth Christian Minis-
the notes Send your business-related information to news@vegasinc.com
tries International Food Pantry; Lisa Bybee, Lisa Listen; Sandra Olson, Roche Constructors Inc.; Christina Aldan, LG Designs; Jennifer Braster, Naylor and Braster Attorneys at Law; Ginnie Salazar, Logistical Solutions LLC; and Dolores Campuzano-Pignatello, Mirage. Scott Kipper resigned as state commissioner of the Nevada Division of Insurance. Kipper was reappointed to the post in October 2011 after serving from December 2008 to June 2010. Eyes & Optics, owned by optometrist Dr. Edward J. Malik, was awarded fourth place in Invision magazine’s 2015 America’s Finest Optical Retailers contest. The annual contest highlights the country’s best, most creative optical businesses. Magazine staff and a panel of expert judges critique the businesses’ exterior and interior appearance, marketing ingenuity and overall creative approach. Starbucks opened at Aliante Casino. Anthem Blue Cross and Blue Shield and Amerigroup Nevada launched a program to make associate’s or bachelor’s degrees available at no cost to eligible full-time and part-time associates in Nevada through College for America at Southern New Hampshire University. The benefit is available to any Anthem and Amerigroup Nevada employee who works 20 or more hours per week and has been employed with the company for at least six months. Uptown Children’s Boutique, Downtown Beauty Company, Sassy the Boutique, Pink Tutu Ballet and Vegas Flip Flops opened at Downtown Container Park. Forte is the public relations agency of record for Skye Canyon, a 1,700-acre master-planned community in northwest Las Vegas. Matt Smith Physical Therapy is the physical therapy provider of record for the Las Vegas Outlaws. Spring Valley Hospital is building a four-story tower to expand its maternity services and medical/surgical inpatient capacity. Several Southern Nevada hotel companies landed on the Reputation Institute’s list of most reputable companies for 2015. They include Wynn Resorts (No. 9), MGM Resorts International (No. 18), Caesars Entertainment (No. 44) and Las Vegas Sands (No. 45.) The list is derived from data that examine perceptions of companies by the general
WuHu Noodle, which offers Chinese, Japanese, Vietnamese and Thai cuisine, is open at the Silverton. (COURTESY PHOTO) public and based on more than 50,000 interviews. Nevada Title Company is certified in the American Land Title Association’s Title Company and Settlement Insurance “Best Practices.” The American Land Title Association is the national trade association for the title insurance industry. Nevada Title Company is the first agency to receive certification in Southern Nevada. Dutch Bros. East Vegas, which sells coffee, opened at 2820 E. Tropicana Ave., Las Vegas. AT&T added three cell towers in Southern Nevada. They’re in Grand Canyon Village at Horse Drive and U.S. 95; Southern Highlands at St. Rose Parkway and Las Vegas Boulevard South; and Winchester at Desert Inn and Theme roads.
pacific southwest emmy awards The 41st annual Pacific Southwest Emmy Awards recently were handed out. Southern Nevada winners are: n Journalistic Enterprise — “2014 Meek Compos-
ite,” Glen Meek, KLAS-TV n General Assignment Report - Within 24 Hours —
“Brazyl Ward’s Struggle,” Joe Bartels, Christopher Benka, KLAS-TV n Video Essay (Single Camera Only) — “Something Normal, Somewhere Strange,” Matthew Adams, KLAS-TV n Writer - Program (Non-News) — “Restoration Neon,” Matt Christensen, Vegas PBS n News - Human Interest - Single Story or Series — “Tan Cerca Pero Tan Lejos,” Rosana Romero, German Andres Gonzalez, Ubelio Fernandez-Tabet, MundoFox Las Vegas n News - Military - Single Story or Series — “VA Failing Veterans,” Darcy Spears, Ozkar Palomo, KTNV
n On-Camera Talent - Anchor — News Anchor - 8
News Now, Denise Valdez, KLAS TV n Promotion - News Promo - Campaign/Image — “Super Bowl Surprise,” Sergio Rodriguez, FOX 5 Las Vegas; “Now You Know” Launch Campaign, Henry Vazquez, Greg Sleeper, Gene A. Sugano, Peter Lipphardt, Nikki Wasserman, Ashish Banthia, KLAS TV n Editor (No Time Limit) - Short Form — 2014 Editor Composite, Greg Sleeper, KLAS TV n News - Education/Schools - Single Story or Series — “School Bullying Revelations,” Patranya Bhoolsuwan, KLAS TV n News - Health/Science - Single Story or Series — “High Stakes: Gambling Away the Golden Years,” Aaron Drawhorn, KLAS TV; “Prescription for Pain,” Darcy Spears, Kean Bauman, Ozkar Palomo, KTNV; “Pot Oil Girl,” George Knapp, Matthew Adams, KLAS TV n News - Historic/Cultural - Single Story or Series — “Charros en el Desierto,” Martha Caldera,
Adriana Arevalo, Julio Abarca, Noticias Univision Nevada n News - Business/Consumer - Single Story or Series — “8 On Your Side Consumer Reports: Defending Southern Nevadans,” Michelle Mortensen, KLAS TV n News - Crime - Single Story or Series — “Tras la Pista,” Gabriel Preciado, Adriana Arevalo, Jorge Avila, Noticias Univision Nevada; “You Took My Samsung!,” Nathan Baca, Alexander Brauer, KLAS-TV n Student Programming - Short Form (Fiction/ Nonfiction) — “Boy Meets Girl,” Richard Morland, College of Southern Nevada n Student Craft - Writing — “Boy Meets Girl,” Richard Morland, Kyle Anderson, College of Southern Nevada n Student Craft - Editor — “Boy Meets Girl,” Richard Morland, College of Southern Nevada n Student Craft - Director — “Boy Meets Girl,” Richard Morland, College of Southern Nevada
the interview Send your business-related information to news@vegasinc.com
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vegas inc
July 26- August 1
Q&A with kim wood
Sommelier talks wine, science, baseball Kim Wood, director of wine at Aria, was responsible for selecting the wine pairings at this year’s Vegas Uncork’d for a celebrity chef brunch at Bardot Brasserie and an all-star feast at Aria. Wood is a Johns Hopkins University-educated biomedical engineer but chose a career in the hospitality industry. Why pursue a culinary career instead of engineering? I’d have to credit the impulsiveness of youth. It was something I had been casually interested in, and it was a part of my life since I was 16; one of my first jobs was working at a deli. I always liked the fast-paced nature of the industry but never really saw my place in it until I was introduced to the world of wine from someone who had a true passion for it. He gave me the confidence to believe that a career in wine was possible, then offered me my first job. Any similarities between wine and biomedical engineering? Wine touches so many different facets of science, history and economy. The diversity of study in biomedical engineering, from chemistry, biology, biochemistry and physics, all touches some part of wine making and contributes to the finished product you see in the bottle. What bottle of wine do you dream about? My palate gravitates to wines that have secondary characteristics associated with age. Flavors like iron, aged meat, dirt and other oxidative characteristics can be derived only from a slow and Kim Wood is the lead sommelier at Jean-Georges Steakhouse in addition to serving as director of wine at deliberate aging. These flavors make a wine unique, Aria. (STEVE MARCUS/staff) and when they are paired with fruit, spice and floral What is your dream job, nerdiest of wine nerds. characteristics, they create a unique expression outside of your current field? and a memorable experience. Professional baseball player — not that that was What do you do after work? ever a goal of mine, but there is something to be said It depends, but it usually revolves around What is the best business advice you’ve for a long season playing the same sport you did as something relaxing. Sometimes it takes the form received, and whom did it come from? a kid. Baseball has so many dramatic narratives of a workout or a book; other times, it’s a lot more A career in the wine industry isn’t always linear, that play out over the course of a season between cliché — a glass of wine on the couch. and many times you’re taking a risk with every new teams, players, pitchers, batters. The season has job. When I was deciding whether to move to Las a long memory, but there is so much subtlety and Describe your management style. Vegas and open Aria, my grandfather said, “Don’t be gamesmanship that goes into the game at the I really try to focus on preparing my team to afraid to take a risk; always have a plan B.” Fear can professional level. achieve whatever goals they want out of their be paralyzing, and I think more often, the source of career in the wine industry. Though I’d hate to regret is not what was done but what wasn’t. Whom do you admire and why? lose any one of them, in this marketplace, it’s There are a lot of people in my family who deserve inevitable that some of my staff will go on to other What’s the biggest issue mention and a lot of people worldwide. I think challenges, and I feel it’s a responsibility to get facing Southern Nevada? people don’t realize the impact they have on other them prepared to do so. The California drought and its ramifications. people’s lives. I admire those who strive to inspire This is unprecedented in terms of scope and others, promote hope and take the time pass along Where do you see yourself and your industry industries potentially affected, many of which have knowledge and experience in an effort to pave in 10 years? a direct correlation to the hospitality business that the way for others. It’s unselfishness of time and I’m sure I’ll still be working hard and trying is the backbone of the Las Vegas economy. experience that has led to the greatest gains in to continue to wrap my mind around the everhumanity. expanding world of wine. The amount and quality What are you reading right now? of wines I am exposed to have risen exponentially I’ve recently gotten hooked on Tong magazine What is your biggest pet peeve? over the past 10 years, and it seems the pace is still and bought a lot of back issues. I’m working through Intolerance of any sort. One of the attributes most increasing. Technology has been introduced to them, slowly. Basically, the idea is they chose a associated with living in America is the belief that the wine-making process in a major way over the theme in the world of wine and find experts to write everyone can have a chance to become anything; past 50 years and, as a result, people are producing essays addressing it. It’s fairly groundbreaking the only way one can truly expect to not be judged better wine than ever. The prospect of what I’ll be in terms of the depth of information they are able is to not judge others. introduced to in the next 10 years is exciting. to accumulate. It would be respected by even the
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VEGAS INC
get to know a local business
July 26- August 1
Send your business-related information to news@vegasinc.com
by the numbers
$220,000
Median sales price of singlefamily homes in the valley in June, a 10 percent increase from a year ago, according to the Greater Las Vegas Association of Realtors.
3.98 percent
Average rate for a 30-year mortgage in June, down from 4.16 percent a year ago, according to Freddie Mac.
5,000
Number of seats a new theater at the Monte Carlo will have. The MGM Resorts International venue is intended to complement the 20,000-seat Las Vegas Arena scheduled to open next year.
$100 million
Anticipated cost of the Monte Carlo’s new theater. The venue is expected to compete with Caesars Palace’s Colosseum.
$16.3 million
Grant amount McCarran International Airport will receive from the federal Department of Transportation for a runway resurfacing project.
$120 million
Amount Phoenix real estate firm Vestar paid Rockwood Capital for complete ownership of the District at Green Valley Ranch. The companies teamed in fall 2011 to buy the 38-acre mixed-use property for $79 million.
74 percent
Share of likely voters who support Nevada pursuing more renewable energy development, according to the Clean Energy Project and Republican polling company the Tarrance Group.
6th
Summerlin’s ranking among master-planned communities nationally, according to real estate consultant RCLCO. Summerlin was the only Nevada community to make the top 10.
Violin Outlet owner Mara Lieberman displays some of her prized instruments at the Village Square Commercial Center, where her shop has supplied schools and performers for more than 30 years. (L.E. Baskow/staff)
Instrumental in city’s musical growth Violin Outlet
Describe your business.
We specialize in all the needs of the bowed stringed instrument player. We sell and rent violins, violas, cellos and basses. We also carry a large variety of strings and accessories, and one of the largest selections of sheet music in the country. We offer music lessons and handle repairs of all kinds, including major restorations.
people relocate to other states, but many customers move to different areas of the city farther away from the shop. As our shopping area was aging and our customers were moving to other areas of town, we had to work twice as hard to make the Violin Outlet experience worth the drive. I believe that was a good thing. Today the area is reinventing itself. It is surrounded by excellent ethnic restaurants and some artsy businesses.
Address: 900 E. Karen Ave., Suite A122, Las Vegas Phone: 702-733-3028 Email: info@violinoutlet.com Website: violinoutlet.com Hours and days of operation: 10 a.m.-6 p.m. Monday through Friday; 10 a.m.-4 p.m. Saturday Owned/operated by: Mara Lieberman In business since: 1983
How has your business changed over the years?
Our business has grown immensely. It started in a small room in the back of a child care center where, except for repairs, it was operated solely by its owner. Today it occupies approximately 3,000 square feet, and our staff, including teachers, numbers over 20. What makes your business unique?
The shop has been operating for more than 30 years, is still run by its original owner and has retained many of its staff for more than 10 years — and some for more than 20. It is one of the few places in Southern Nevada where you can be greeted by a familiar face, by someone who is always happy to see you, and in some cases, by someone you have known since your early childhood. Violin Outlet takes pride in providing exceptional customer service in a friendly, family-like atmosphere. What’s the most important part of your job?
To constantly be aware of new developments in the music industry and how such developments can affect business. For instance, online shopping did not exist 30 years ago. It has made a lasting impact on how businesses operate. What is the hardest part about doing business in Las Vegas?
It is a city with many transients. Not only do some
What is the best part about doing business here?
I was raised in a musical family. Both of my parents were concert pianists and music instructors. I was one of a handful of orchestra students attending the Clark County School District. Most schools had no programs at the time. I understand the needs of the Las Vegas musician, music educator and music student. I get personal fulfillment having witnessed the incredible cultural growth in Las Vegas during the past 30 years. I have had the opportunity to experience it firsthand, behind the scenes, through my customers. How can Nevada improve its business climate?
By keeping all areas as clean and safe as possible and by hosting more conventions, festivals and cultural events. We have already benefited from the renovation of the downtown area, the establishment of the Smith Center, and all of the events that draw many people to the area. What have you learned from the recession?
I was able to stay afloat by keeping costs as low as possible, by renting out more instruments and by offering special financing. I have learned that, during a recession, people often turn to the arts, particularly music. Once you acquire your instrument, it costs nothing to play. The joy it can bring you is priceless.
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 “Amid struggles, SLS reaffirms its efforts to attract locals”: I used to gamble at the old Sahara, and the changes into SLS are excellent in my opinion. Great atmosphere in the lounges and my favorite craps tables. — maxxplayer They say they are looking to the locals market ... but has anyone seen any direct-mail advertising or any advertising on local television or radio? — NotMeMom I don’t care how much “free play” you kick back to locals, if the machines are tight, they aren’t playing there. — TomD1228 On Eli Segall’s vegasinc.com story “Signs point to healthier resale housing market in Las Vegas”: It would be nice if the real-deal consumer would not be outbid by cash investors who have no stake in the neighborhood and are looking only to turn a profit as an absentee landlord or flip down the road. — dodgerchuck On J.D. Morris’ vegasinc.com story “Culinary Union targets bank’s ownership stake in Station Casinos”: The only upside to adding Station Casinos to the union is more money for the union executives. — Onehighlight
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Urgent care has eased pressure on medical field
O
guest column: emergency rooms. According to the Press ne of the most prominent new Larry Blumenthal Ganey 2010 Emergency Department Pulse trends in U.S. health care is the Report, the average ER visit time was more rapidly increasing popularity of than four hours. A significant percentage the urgent care business model. of ER patients can be properly treated in an While this once was an uncommon form urgent care setting in a fraction of the time. of medical care, urgent care recently has developed into one Most urgent care facilities also treat a wide range of of the fastest-growing segments of the health care industry. conditions, including fever and flu, strep throat, ear It is intended to be used when primary care offices don’t have infections, respiratory illnesses, minor broken bones and immediate openings and patients don’t require emergency fractures, skin rashes and urinary tract infections. Many care. The convenience of this model has become so popular, of the facilities offer diagnostic services such as X-rays and urgent care has transformed into a $14.5 billion business, laboratory tests onsite. according to IBISWorld market research organization. Urgent care also has become a desirable option because of There are many reasons this form of care has become a national doctor shortage. Nevada ranks 46th in the nation so widespread. Urgent care facilities focus on providing for active primary care physicians, with 71.2 physicians immediate and appropriate treatment, with patients able for every 100,000 people, according to research by the to walk in without appointments and receive on-the-spot University of Nevada School of Medicine. care at a typically lower cost than visiting the emergency New forms of urgent care business models are emerging room. The average cost of an urgent care visit is $55 to $75, that treat more specific health needs, such as pediatric and according to ConsumerReports, while the average cost of an gynecological care. ER visit is $400. Urgent care likely will continue to serve as a valuable Many urgent care facilities also offer weekend and resource, especially as the Affordable Care Act allows more evening care, when primary doctors’ offices typically people to obtain health insurance and seek medical care. are closed. According to the Urgent Care Association Although primary and emergent care surely will always of America, which represents more than 2,600 urgent remain important components of the medical industry, urgent care centers in the United States and abroad, 85 percent care has become an integral piece of the health care landscape. of urgent care centers are open seven days a week, with Larry Blumenthal is chief financial officer of Good Night 95 percent staying open until 7 p.m or later. Pediatrics. Urgent care facilities also take pressure off overcrowded
Smith’s world
Mike Smith is an award-winning editorial cartoonist who also draws for the Las Vegas Sun. His work is distributed nationally by King Features Syndicate. See archives of his work at lasvegassun.com/smithsworld.
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your Business-to-business news Send your business-related information to news@vegasinc.com
NLV hopeful electric car factory would breathe life into Apex
What ever happened to downtown startup Shift’s 100 Teslas?
By kyle roerink
By Daniel rothberg
Staff Writer
Staff Writer
North Las Vegas wanted a Tesla — but it might be getting a Faraday instead. The city, beset by financial woes from the Great Recession, is looking to spark a manufacturing boom by imitating the economic development playbook drawn by the Legislature and the Governor’s Office of Economic Development that brought Tesla’s Gigafactory to Northern Nevada. It may be paying off. North Las Vegas is one of four finalists being considered for the location of an electric car factory for Faraday Future, a startup looking to take on Tesla. If selected, the factory would be housed in the mostly empty Apex Industrial Park as an anchor tenant. The city hopes the facility would transform Apex into a magnet for business and manufacturers. “We are thrilled to be a finalist for this huge job creator in Southern Nevada. This opportunity ... demonstrates our mayor and council’s vision for Apex to become the incubator for future businesses in our region,” said Gina Gavin, North Las Vegas director of economic and business development. But it’s a long way between here and there. To win Tesla’s factory, state lawmakers agreed to grant $1.25 billion in tax breaks to any company that spends more than $3.5 billion over 10 years in Nevada, a lure that North Las Vegas hopes to replicate with Faraday Future. But, the tax abatements require approval from the Governor’s Office of Economic Development and it’s uncertain whether lawmakers will need to draft or amend laws to win Faraday’s business. State and city officials are tight-lipped as negotiations continue. “We’ve been talking with (Faraday) for a number of months,” said Steve Hill, director of the Governor’s Office of Economic Development. “I was certainly pleased to see their announcement that we are one of the states they are continuing to consider.” The company is estimating that a factory would create more than 4,000 jobs. Landing it would continue Nevada’s transformation from a state reliant on gaming to a marketplace where electric cars, batteries and drones power the state’s economy. Little is publicly known about Faraday, a startup based Gardena, Calif., that currently employees 200 people. According to Motor Trend, the company has promised that its vehicles would be in garages by 2017, but it has not released detailed designs, a name for the car, or the identity of its CEO. However, the company has identified several key members of its team, which include designers who have worked at automobile companies like Tesla, BMW and Chevrolet. As The Verge pointed out recently, “Independent EV builders have come and gone over the past decade — the auto industry is extraordinarily difficult to break into, and even Tesla is hanging on for dear life — but Faraday is at least legitimate enough to have poached from a who’s-who of competitors.”
In 2013, downtown Las Vegas car-sharing company Shift made news for placing the largest U.S. order in Tesla history: 100 Model S luxury sedans. The plan was to innovate transportation downtown, through a web of shared vehicles: Smart cars, Chevy Volts, bicycles and, most notably, the Tesla order. The network would coincide with the goals of Shift’s investor, Zappos CEO Tony Hsieh, who was attempting to revitalize the area. This year, Shift closed shop, leaving one glaring question: What happened to all those Teslas? Shift founder and CEO Zach Ware aimed According to Shift CEO Zach Ware, the to create a car-sharing program for Las company received one delivery of Teslas. Vegas, but the venture failed. (courtesy) The plan was to receive the cars in stages, Ware said. The first wave, of 10 to 20 Tesone of downtown’s most promising startlas, arrived in June of last year. ups, has been considered by many as an“As our strategy evolved and ultimately other failure in a long line of now-defunct led to the wind-down of the company ... downtown ventures. we canceled the remaining vehicles on our Ware said Hsieh made a personal invest(Tesla) order,” Ware wrote in an email. ment in Shift separate from the $350 milWare said the Teslas that had been delivlion he invested in the Downtown Project. ered were sold to a variety of buyers. But the line between Shift and the Downtown Project starts to blur when considering how Hsieh described the two. Expectations versus reality In a memo last fall, Hsieh described the Shift set a bold goal: Bring a monthly Downtown Project as a collection of entimembership-based car-sharing program ties and included Shift as an example of a to downtown Las Vegas — and make the business in which DTP was an investor or face of the project Teslas, a much higherco-owner. end car than those used elsewhere. With the $350 million investment now Along the way, the prospect of 100 Tesdisbursed in real estate, businesses and a las came to overshadow the company’s tech fund, it’s often hard to tease out where larger mission and became its only exterthe Downtown Project’s influence begins nal yardstick for success, Ware said. and ends. Part of this stems from the high “The lesson I learned as a founder was expectations that come with attempting to to focus first on developing a product that revitalize an entire downtown. people will love and let the press coverage Mark Rowland, CEO of Downtown Projfollow,” Ware said. “Because the Tesla story ect Ventures, DTP’s investment arm, conwas so large, it’s what everyone in the media ceded in a recent interview with KNPR measured our success by.” that some expectations were probably too Raising expectations that there would optimistic. The initial buzz around DTP be 100 Teslas, Ware said, undermined the cut both ways because, similar to what company’s ability to highlight other, just as happened with Shift, it generated the eximportant, successes, such as a 24/7 bookcitement necessary to launch the projing system it designed, and sophisticated ect while also forcing DTP to deliver on a in-car control systems. number of splashy goals. “It got us a lot of press and it was very in“To think that it would be done in three toxicating,” Ware said. “When you put an years was probably wishful thinking,” entire playbook on the table, you definitely Rowland said. “But certainly, I’ve got no ishave to work toward that playbook.” sue with people having that as a goal and seeing what happens when you actually Downtown ties charge people with that task.” Shift, which at one point appeared to be
your Business-to-business news Send your business-related information to news@vegasinc.com
9
vegas inc
July 26- August 1
Union targets bank’s ownership stake in Station Casinos By J.D. Morris Staff Writer
With its latest attempt to exert pressure on Station Casinos, the Culinary Union seeks to bring a complex international finance scandal before state gaming regulators. The union, which represents about 55,000 casino workers in Nevada, wants regulators to investigate whether high-profile misconduct has rendered a major bank unfit to retain its ownership stake in Station. In a recent letter to the chairmen of the state Gaming Control Board and Gaming Commission, the union asked regulators to conduct a hearing on Deutsche Bank because of its involvement in rigging certain interest rates that are a key component of global financial markets. Deutsche Bank agreed to pay $2.5 billion in penalties to settle charges that it manipulated the London Interbank Offered Rate, or LIBOR, a benchmark interest rate that
affects a wide range of financial loans and contracts, including mortgages and student loans. Through a subsidiary, Deutsche Bank controls a 25 percent equity stake in Station. The bank acquired its stake as a result of Station’s bankruptcy proceedings several years ago, according to Bloomberg, which first reported the letter. In its letter, the union says it is “gravely concerned” about Deutsche Bank’s role in Station and refers to the bank as an “international outlaw.” “We ask the board to immediately start a review as to whether it is consistent with Nevada’s gaming laws for an investor with this record to have a significant ownership stake in the holder of an unrestricted gaming license,” Culinary Research Director Maya Holmes wrote in the letter. “Furthermore, given the facts of repeated improper conduct by Deutsche Bank, the failures of the
bank’s internal controls and lackadaisical culture regarding compliance, we urge the (Gaming Control Board) to call the bank and its executives forth for suitability hearings.” Spokespeople for Deutsche Bank and Station Casinos declined to comment. Gaming Control Board Chairman A.G. Burnett said the board was investigating the union’s allegations but hadn’t reached any conclusions. The letter joins a lengthy list of instances in which the union has targeted Station in some fashion. For years, Culinary has clashed with Station over unsuccessful attempts to organize employees at the casino company. The union also has opposed an “irresponsible” water fountain planned for the headquarters of the UFC, whose parent company is controlled by Station owners Frank and Lorenzo Fertitta. While Station obviously stands to
Moody’s sees brighter outlook for American gaming industry By J.D. Morris Staff Writer
Moody’s Investors Service is feeling much better about the financial future of gaming than it did around the same time last year. The credit rating agency said it had upgraded the outlook for the U.S. gaming industry to stable from negative. Moody’s assigned the industry a negative outlook last June, partly because of declining revenue, but a new agency report anticipates that revenue will rise for the next 12 to 18 months. Moody’s Senior Vice President Keith Foley said the agency thought gaming revenue would increase by as much as 2 percent each month compared with the previous year. He said that should result in increases of 3 to 4 percent in the industry’s earnings before interest, taxes, depreciation and amortization. Most of the 18 states tracked by Moody’s saw gaming revenue grow in April and May, and the industry has felt positive effects of “several years of aggressive cost cutting,” the agency said. The 18 states saw a collective 4 percent increase in April and a 4.1 percent increase in May compared with a year earlier.
In fact, only two states — New Jersey and Connecticut — did not improve in May, Moody’s said. And revenue grew even without considering new casinos in Maryland, Ohio and Louisiana, which Moody’s interpreted as an indication that “the amount of revenue cannibalized from existing casinos could be easing.” Still, Foley said in the statement that Moody’s believed American consumers would keep their spending limited to “items that are more essential than gaming” due to lackluster disposable income growth. That will continue to put pressure on the industry. American Gaming Association President Geoff Freeman praised the report for showing that, despite “intense competition,” casinos could grow and be good members of the community. “However, it’s incumbent upon state officials to review their gaming policies to ensure they promote innovation and reinvestment that will spur greater growth, create more jobs and provide additional tax revenues that support vital public services,” Freeman said in a statement. He urged public officials to join the gaming association’s anti-illegal gambling initiative, which launched in April.
be affected by the union’s efforts, the letter is mostly critical of Deutsche Bank, not the casino company. Noting that regulators have “spent decades diligently preserving the integrity of betting and honesty in reporting” by casinos, the union asks them to investigate whether the bank and its “key principals” are suitable to be involved with the ownership of Station’s 19 properties. The union also asks if Deutsche Bank’s role in Station is consistent with the state’s “standard of strict adherence to federal law.” And it invokes a state law that says the gaming industry’s “continued growth and success” relies on “public confidence and trust … that gaming is free from criminal and corruptive elements.” Station isn’t Deutsche Bank’s only connection to Las Vegas. The bank owned the Cosmopolitan until last year, when it sold the upscale Strip resort to Blackstone Group for $1.73 billion.
Despite hurdles, 2015 has been kind to Southern Nevada homebuilders By eli segall Staff Writer
Southern Nevada’s homebuilding industry is making advances this year despite an array of obstacles, a new report says. Local builders sold 633 new homes in June, bringing the year’s total to 2,993, up 10.7 percent from the same period in 2014, according to Las Vegas-based Home Builders Research. The median closing price in June was $303,047, up 5.1 percent from a year earlier. Builders also pulled 841 newhome permits in June, putting the year’s tally at 4,130, up 22.5 percent from the same period in 2014. The permit total was the highest monthly tally since July 2008. If this year’s sales pace continues, three builders could close 1,000 sales in 2015, the report said. “That would be three more than last year,” Home Builders Research President Dennis Smith wrote. According to Smith, Lennar Corp. has sold 667 homes this year, KB Home has sold 503 and D.R. Horton has sold 442. The broader sales growth was “awfully good” considering the high rates of underwater borrowers in the valley, he said. About 25 percent of local homeowners with mortgages remain underwater, meaning their mortgage debt outweighs their home value. That’s far below Las Vegas’ peak of 71 percent in the first quarter of 2012 but still highest among large metro areas, according to Zillow. Still, a “cloud of uncertainty” lingers over many people and the “almost daily occurrence of disturbing” events, primarily overseas, “can dampen any overexuberance,” Smith wrote.
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VEGAS INC
July 26- August 1
your Business-to-business news Send your business-related information to news@vegasinc.com
Solar company alleges cronyism between Sandoval administration and NV Energy By kyle roerink Staff Writer
Members of the rooftop solar industry have filed a public records request with the governor’s administration, which they hope will uncover untoward ties between it and NV Energy. In the filing, rooftop solar company Sunrun requests all communications between Gov. Brian Sandoval, his top aides and NV Energy’s 11 lobbyists during and following this year’s legislative session. “Six thousand Nevadans employed by solar companies are now caught in the crosshairs of Sandoval’s political cronyism,” said Bryan Miller, vice president of public policy and power markets with Sunrun. “If Sandoval Protesters chant during a rally in front of NV Energy in April. Hundreds of has nothing to hide, he should imme- activists gathered to protest a state cap affecting rooftop solar installations and diately produce the records.” urge the Legislature to lift it. (associated press file) In a statement, the Governor’s the company and ratepayers millions ficient and responsive state governOffice confirmed it received the reevery year, while solar companies say ment,” the statement said. quest from Sunrun and said it would solar power provides the utility with Sunrun’s request is the latest in the respond according to public records renewable energy that reduces the ongoing debate about a policy called laws. burden on the power grid and cuts net metering, which gives consum“Gov. Sandoval has consistently fossil fuel emissions. ers a credit on their electric bills for emphasized accountability and transIn the final days of the session, Sanpowering the grid with rooftop solar parency in his administration as part doval brokered a deal between the panels. NV Energy says credits cost of his commitment to building an ef-
Clark County Commission raises wedding fee to fund tourism campaign By conor shine Staff Writer
With 47,000 fewer nuptials taking place annually in Las Vegas compared with a decade ago, the Clark County Commission recently voted to increase the marriage license fee to raise funds for a new wedding tourism marketing campaign. The commission’s unanimous approval means the cost of a marriage license will increase by $14 starting early August. Coupled with a $3 technology surcharge effective July 27, the new cost of a marriage license will be $77. The fee increase is expected to generate about $1.1 million per year to pay for advertisements promoting Las Vegas weddings. The number of marriages taking place in Las Vegas peaked in 2004 at 128,000 and has since declined to 81,000 in 2014, still the highest of any county in the country. The decline has been attributed
to increased competition for destination weddings from Hawaii, Dubai, Mexico and other locales, as well as an overall decrease in the number of people getting married. Commissioners were supportive of finding ways to increase wedding tourism, but some were skeptical about placing an office whose primary job is paperwork and record-keeping in charge of a multimillion-dollar advertising campaign. “I’d like to see some performance measures,” Commissioner Chris Giunchigliani told County Clerk Lynn Goya. “Your office is not in the marketing business.” Other commissioners agreed and stipulated that Goya consult with the wedding industry and the Las Vegas Convention and Visitors Authority to develop a marketing plan. The plan will be brought back for review in three months, at which point the commission will vote whether to release the new funds.
power company and the solar industry to create what’s become known as the solar cap, a policy that restricts the number of megawatts of new solar power that can be installed in the state. In July, NV Energy told solar companies the limits would be met far sooner than they had been expected during the legislative session. The solar cap is likely to be hit by mid August. NV Energy had previously said the limit would not be met until March 2016. Rooftop companies like Sunrun and SolarCity fear maxing out the cap will cause uncertainty for their industry — which has grown by 1,000 percent in the past year and currently has around 3,000 net metering customers in the state. They also are worried about previous ties between the governor and the power company. Two of the governor’s advisers are NV Energy lobbyists. In the 1990s, Sandoval was legal counsel for the Utility Shareholders of Nevada — an advocacy group that represents the interests of stockholders for companies like NV Energy.
Partnership expands health care access for chamber members BY VEGAS INC STAFF
A new partnership between the Las Vegas Metro Chamber of Commerce and H2U Health Centers will expand access to primary health care for chamber members and their dependents. H2U, which operates 41 health clinics across the country either on or near employers’ work sites, will offer access to chamber members either as part of the chamber’s insurance and benefits package or as a stand-alone benefit that can also be obtained through the chamber. In a similar development, H2U recently began offering urgent and acute care services to MGM Resorts International employees. Health to You — H2U for short — is a national provider of direct primary care services for employers. The company’s employee health centers offer employers a range of services for their staffs, including same-day and nextday appointments, on-site dispensing of generic prescriptions, on-site laboratory services and 24/7 access to care through telemedicine, according to a news release. To contact the Chamber of Commerce, call 702-641-5822.
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Debate: Should government be involved in business? during the recession, the business thrived, first by engineering multiple projects at CityCenter, then by finding a niche few companies offered in the international export-import market: monorails. But after more than a decade in business, Innova Technologies, which employs about 20 people, may encounter one of its first major hurdles. On July 1, Congress went into recess without voting to reauthorize the Export-Import Bank, an 81-yearold federal credit agency that provides financial support to help U.S. companies sell goods overseas and allows businesses such as Innova Technologies to export goods even when private insurers are hesitant to partake in risky investments. The bank’s closure means it cannot enter into any new transactions. In other words, were Innova Technologies to build another monorail outside the United States, it would have to turn to the private sector to buy a Panch Prasad owns U.S. International Trading Corp., which exports health and beauty credit insurance policy. products and has a warehouse in Las Vegas. Prasad fears that without reauthorization At the core of the debate is whether of the Export-Import Bank, his business will suffer. (christopher devargas/staff) the bank serves big business or small supported about $165 million in exHochberg about the bank’s activities, businesses and whether government port value since 2007, according to which the congressman said resultshould be involved in business at all. the bank. Last year, about 36 percent ed in a quarter of a billion dollars in Members of the Tea Party and of small-business exports in Nevada fines, restitution and forfeiture. libertarian groups argue the bank were backed by the bank, according Advocates of the bank, however, is a paradigm of corporate welfare. to its annual report. That amounted say it supports two important comLast year, the bank, known inforto about $11.3 million in exports. ponents of America’s business founmally as hte Ex-Im Bank, authorized U.S. Rep. Dina Titus, who visited dation: small companies and compe$20.5 billion of financing for U.S. exInnova Technologies before the tition. ports, which supported more than bank’s expiration and pushed for its Supporters say that without the 164,000 jobs, according to its annual reauthorization several times on the bank, small businesses likely would report. But critics say 87 percent of House floor, says the bank benefits be unable to sell goods abroad. Those the bank’s loan guarantees go to just businesses big and small. businesses include Innova Technolothree companies, according to U.S. “This, to me, isn’t government asgies, which has built monorails in News & World Report: Boeing, Catersistance,” said Titus, D-Nev. “(Some Brazil, Saudi Arabia, India and Peru. pillar and General Electric. Republicans) just want a total free When the bank approves financing Rep. Jeb Hensarling, R-Texas, market.” for big businesses, it’s helping small House Financial Services CommitShe also said the bank helps create businesses too, spokesman Lawton tee chairman and the bank’s most vojobs in Nevada, a key consideration King said. cal opponent, maintains the agency given the state was one of the hardest “These large companies have thouinterferes with the free market. hit during the economic downturn. sands of small businesses in their “The bank is a small-scale examThe bank’s biggest customers, chain,” King said. “Those small busiple of a larger and more dangerous including General Electric, have nesses make money when a large corthreat: the shrinking of the free-marthreatened to move jobs and factoporation has an order.” ket economy and the rise of a prories overseas if the bank is not reauMost importantly, supporters say gressive welfare state,” Hensarling thorized, but small businesses such the bank keeps the United States comwrote in an op-ed column for The as Innova Technologies don’t have petitive in the global market, espeWall Street Journal. that luxury. cially when other countries, including The bank also faces corruption Innova Technologies has used the China and France, have similar agencharges. A House of Representabank since 2005 after a project in cies. Without the Ex-Im Bank, advotives hearing in April revealed there Saudi Arabia went sour and Banchik cates say, companies such as Boeing were 31 open fraud hearings pending and his staff were not paid in full. likely would lose business to competiagainst the bank. Now, in exchange for a premium, the tors such as France’s Airbus. At the hearing, Hensarling repribank would pay the company almost In Nevada, the Ex-Im Bank has manded Ex-Im Bank Chairman Fred
the full cost of a project were a client to delay payment. The bank then would pursue the client to collect the amount owed. Without the bank, Innova Technologies is at risk of delayed payments and might have to leave the export business altogether. “In these large projects, you’re a small company dealing with very large entities,” Banchik said. “For small companies, the Ex-Im Bank is our livelihood.” Exporter Panch Prasad also said the bank is the lifeblood of his business, U.S. International Trading Corp., an exporter of organic health and beauty products. Through loan guarantees from the bank, U.S. International Trading Corp. is able to pay product manufacturers. Without the bank, Prasad said, the future would be uncertain. “It will be difficult to pay employees,” Prasad said. He said he believes the bank had prioritized big corporations over small businesses. “If I were the administrator of the Ex-Im Bank and I had a choice, my first preference would be to small businesses first, then large businesses,” Prasad said. “I don’t know the details of the big businesses, but they can survive. There are many other sources for them.” Despite the shutdown, the bank has bipartisan support. King said members from both sides of the political spectrum said they would try to put the bank’s reauthorization to a vote after Congress reconvenes. Banchik said he thinks politicians were choosing sides simply for the sake of talking points. “It’s like being stabbed in the back by people who should be defending you,” he said. The political banter has made Banchik reminisce about the origins of his engineering career. He credits his father and their time together on construction sites. “That’s one of my favorite memories — traveling with him,” Banchik said. But Banchik said the political debate made him feel as though his story may not matter. “It’s very easy to sit in D.C. and fly first class and make decisions,” Banchik said. “But their vision of the world is not what I experience.”
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your Business-to-business news
July 26- August 1
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Calendar of events Tuesday, July 28 BOMA Nevada monthly breakfast meeting Time: Registration begins 7 a.m. Cost: $35 for members and $40 for nonmembers with advance registration; $45 for members and nonmembers without advance registration Location: Las Vegas Country Club, 3000 Joe W. Brown Drive, Las Vegas Information: Visit bomanevada.org Hugh Sinnock, vice president of customer experience at the Las Vegas Convention Center, will discuss ways to promote Las Vegas to leisure and business travelers. HR Insights webinar: “From Hiring to Firing” Time: 9 a.m. Cost: Free Location and information: Visit nsbank.com Jill Bell, human resources director at Nevada State Bank, will lead a panel discussion on how to implement human resources policies at your business, ways to manage employment issues as your business grows, and how to avoid legal problems. Work Smarter with Mobile Apps Time: 10 a.m.-noon Cost: Free Location: Regus City Central Place, 400 S. Fourth St., Suite 500, Las Vegas Information: Visit web.lvchamber.com Learn how to compete in the app market to increase productivity and expand your business. National Association of Women Business Owners - Southern Nevada business lunch Time: 11:30 a.m.-1 p.m. Cost: $35 for members, $45 for nonmembers Location: Cili’s at Bali Hai Golf Club, 5160 Las Vegas Blvd. South, Las Vegas Information: Visit nawbosnv.org Hilary Hendershott, CEO of Hilary Hendershott Financial, will talk about how she transitioned from being unable to pay her mortage to running two seven-figure companies.
Network After Work Time: 6-9 p.m. Cost: $12 for the first 100 tickets, $15 regular price, $20 at the door with RSVP, $25 at the door with no RSVP Location: Blue Martini, 6593 Las Vegas Blvd. South, Las Vegas Information: Visit networkafterwork.com Meet professionals from a variety of industries, including the restaurant, hotel and club sectors. Light appetizers will be served from 6 to 7 p.m. Business Night in Las Vegas Time: 6 p.m. Cost: Free Location: Siena Italian Restaurant, 9500 W. Sahara Ave., Las Vegas Information: Visit web.lvchamber.com Bring your business cards, meet local entrepreneurs, and learn how to raise your marketplace profile.
Wednesday, July 29 Snell & Wilmer interactive discussion Time: 11:45 a.m.-1:15 p.m. Cost: Free for members of the Association of Corporate Counsel, $20 for nonmembers Location: Cili at Bali Hai Golf Club, 5160 Las Vegas Blvd. South, Las Vegas Information: Visit acc.com/chapters/nevada State Sen. Greg Brower, Kim Sinatra of Wynn Resorts, and Mike Sloan of Fertitta Entertainment and Station Casinos will discuss the impact bills signed during this year’s legislative session will have on businesses. NAIOP Southern Nevada bowling tournament Time: 3:30-6 p.m. Cost: $35 per person for each five-person team Location: Gold Coast Bowling Center, 4000 W. Flamingo Road, Las Vegas Information: Email laura@theferrarogroup.com Meet members of the real estate industry and learn how to improve your business while taking part in a fun competition.
Thursday, July 30 Nevada Restaurant Association mix and mingle Time: 5:30-7:30 p.m. Cost: $15 for members, $25 for nonmembers, $35 at the door Location: Katsuya, SLS, 2535 Las Vegas Blvd. South, Las Vegas Information: Email maggie@magneticpublicrelations.com Meet restaurant operators, chefs, managers and vendors while enjoying cocktails and appetizers.
Friday, July 31 Association of Fundraising Professionals Las Vegas Chapter luncheon Time: 11:30 a.m. Cost: $15 for members, $25 for nonmembers Location: InNEVation Center, 6795 Edmund St., Las Vegas Information: Visit afpslasvegas.org Nina Radetich, a social media expert, will teach savvy techniques to increase the visibility of small businesses.
Tuesday, August 4 U.S. Small Business Administration workshop: “Legal Landmines: Avoiding Costly Mistakes in Federal Contracting” Time: 9-11 a.m. Cost: Free Location: U.S. Small Business Administration Nevada District Office, 300 S. Fourth St., Suite 400, Las Vegas Information: Email procurement@diversifynevada.com Mark “Hawk” Thomas, managing principal of the Reid Group, will lead a workshop on how smallbusiness federal contractors can avoid mistakes and win contracts.
Conventions
expected Show
Location
Dates attendance
Bick International Coin, Currency, Jewelry and Stamp Expo
Orleans
July 31-Aug. 2
1,000
ASD Las Vegas - Consumer Goods Trade Show
Las Vegas Convention Center
Aug. 2-5
44,000
Las Vegas Market
World Market Center
Aug. 2-6
50,000
BCA Expo - International Billiard and Home Recreation Expo
South Point
Aug. 5-7
2,100
Toastmasters International Inc. 2015 International Convention
South Point
Aug. 7-16
2,200
18
VEGAS INC
the data
July 26- August 1
Send your business-related information to news@vegasinc.com
Records and Transactions Bankruptcies CHAPTER 11 Chateau de Lumiere LLC 1965 Pama Lane Las Vegas, NV 89119 Attorney: Tallitha B. Gray Kozlowski at tgray@gtg.legal Prabhat LLC 1874 Whispering Circle Las Vegas, NV 89102 Attorney: David A. Riggi at darnvbk@gmail.com
Bid Opportunities Monday, July 27 3 p.m. Hotline and processing of wild desert tortoises Clark County, 603746 Sherry Wimmer at sherryw@ clarkcountynv.gov
Tuesday, July 28 2 p.m. One-year open-term contract for crackfiller State of Nevada, 8353 Marti Marsh at mmarsh@admin. nv.gov 3 p.m. ARC; Lot 1 for air filters and Lot 2 for purchase and installation of air filters Clark County, 603691 Adriane Garcia at akgarcia@ClarkCountyNV.gov
Wednesday, July 29 2 p.m. Two-year open-term contract for safety vests State of Nevada, 8345 Annette Morfin at amorfin@admin. nv.gov
Thursday, July 30 2 p.m. Pre-collection self-pay service Clark County, 2015-06 Kristine Sy at kristine.sy@umcsn. com
Friday, July 31 3 p.m. Annual requirements contract for maid services for Child Haven cottages Clark County, 603742 Deon Ford at deonf@clarkcountynv.gov
Brokered transactions
6045 Harrison Drive, 6038 Topaz Street, and 6255 and 6285 Mojave Road, Las Vegas 89120 Seller: Patrick Land Industrial Center LLC Seller agent: Did not disclose Buyer: Core & Value Advisors LLC Buyer agent: Dean Willmore of Colliers International
Address: 714 S. Third St., Las Vegas Owner: Richard D. Weisbart
$6,780,000 for 144 units, residential 3650 E. Lake Mead Blvd., Las Vegas 89115 Seller: Regency Heights Las Vegas LLC Seller agent: Art Carll, Patrick Sauter and Devin Lee of NAI Vegas’ Multifamily Team Buyer: Westland Regency Heights LLC Buyer agent: Art Carll, Patrick Sauter and Devin Lee of NAI Vegas’ Multifamily Team
World Fuel Services Inc. License type: Public utility gas Address: 605 N. Highway, Suite 169 and 1200, Las Vegas Owner: Adrienne B. Urban
$750,000 for 4.7 acres, land Northwest corner of East Gowan Road and Berg Street, North Las Vegas 89030 Seller: Prudent Ventures LLC & VVP Olsen LLC Seller agent: Ben Millis and Chris Beets of Newmark Grubb Knight Frank Buyer: Nailor Industries of Texas Inc. Buyer agent: Did not disclose
LEASES $445,372 for 1,295 square feet, retail for 120 months, NNN investment 10271 S. Eastern Ave., Suite 115, Henderson 89052 Landlord: Siena I Holding LP Landlord agent: Eric Berggren of Newmark Grub Knight Frank Tenant: Cream Nevada 2 LLC dba Cream Tenant agent: Frank Volk of RKF Retail Holdings LLC $116,597 for 1,324 square feet, retail for 60 months, 2045 E. Cheyenne Ave., Suite D-150, North Las Vegas 89030 Landlord: Cheyenne Pointe Holding LLC c/o Sarofirm Realty Advisors Landlord agent: Andre Fehrman and Jeffrey Mitchell of Virtus Commercial Tenant: Family Shoes and Handbags Tenant agent: Walter Ruiz of Walter Ruiz
BUSINESS LICENSES
SALES
United Standard POS License type: General retail sales Address: 1718 Industrial Road, Las Vegas Owner: United Standard LLC
$14,044,382 for 166,911 square feet, industrial 2700-2710 Patrick Lane, 6035 &
Weisbart Family Properties LLC License type: Apartment house
Wilson Electric Services Corp. License type: Sales - electric Address: 6295 McLeod Drive, Las Vegas Owner: Wesley McClure
X22 Snowboarding License type: Sporting goods Address: 7310 Smoke Ranch Road, Suite U, Las Vegas Owner: P4 Enterprises LLC 7 Houses Repair LLC License type: Residential property maintenance Address: 3273 Savalli St., Suite D, Las Vegas Owner: KFIR Abotbol A First Impression 2 Inc. License type: Contractor Address: 183 N. Gibson Road, Suite 150, Henderson Owner: A First Impression 2 Inc. A Touch Above Cleaning License type: Repair and maintenance Address: Not Displayed Owner: Kathryn E. Whalen A Walk In The Park Pet Service License type: Personal services Address: Not Displayed Owner: Kathryn A. Gard
Alteva Solutions Inc. License type: Public utility telephone Address: 47 Main St., Las Vegas Owner: Brian Callahan American Legal Credit License type: Finance company Address: 871 Coronado Center Drive, Suite 200, Henderson Owner: Sk2 LLC Ameripro Corporation License type: AC and heating repair/replacement Address: 3281 N. Decatur Blvd., Las Vegas Owner: Sergey Skopichev Andrea Seymour License type: Real estate sales Address: 10000 W. Charleston Blvd., Suite 130, Las Vegas Owner: Andrea Seymour ARC Services License type: Contractor Address: 81 W. Mayflower Ave., North Las Vegas Owner: Abatement Restoration & Construction Services LLC Argana Moroccan Restaurant License type: Restaurant service bar Address: 8615 W. Sahara Ave., Las Vegas Owner: Intelliscapes Consulting LLC AS Lawn Mower Repair License type: Repair and maintenance Address: 3851 Pennwood Ave., Suite 120, Las Vegas Owner: Alvina Castillo
AAB Judgment Recovery Services License type: Monetary judgment services Address: 700 Carnegie St., Suite 1914, Henderson Owner: Anne Blasband
Ashok K. Sehdev License type: Contractor Address: 1635 N. Main St., North Las Vegas Owner: Ashok Sehdev
ABS Small Projects License type: Property maintenance Address: 50 Emery St., Pahrump Owner: Access Building Solutions LLC
Auction Auto Group License type: Auto sales Address: 4326 W. Cheyenne Ave., North Las Vegas Owner: Desert Enterprise Group LLC
Absolute Cleaning Services License type: Residential property maintenance Address: Not Displayed Owner: D&A Enterprises LLC
Auto Glass Las Vegas License type: Repair and maintenance Address: Not Displayed Owner: Nigel Moore
Absolute Primary Care Center License type: Professional services - medical Address: 4218 W. Charleston Blvd., Las Vegas Owner: Regi Mathew
Behavioral Learning Solutions LLC License type: Behavioral therapy business Address: 2850 W. Horizon Ridge Parkway, Suite 200, Henderson Owner: Behavioral Learning Solutions LLC
Aldo License type: Retail - shoes Address: 1300 W. Sunset Road, Suite 1707, Henderson Owner: Aldo U.S. Inc.
Bella Vita License type: Restaurant Address: 2225 Village Walk Drive, Suites 181 and 183, Henderson
Owner: Mailbox Money LLC Bimbo Bakery Outlet License type: Supermarket Address: 655 W. Craig Road, North Las Vegas Owner: Bimbo Bakeries USA Inc. Blends of Touch License type: Massage therapists Address: 357 Regal Robin Way, North Las Vegas Owner: Khristine A. Ellison Blick Art Materials LLC License type: General retail sales Address: 6300 W. Charleston Blvd., Las Vegas Owner: Robert Buchsbaum Blue Wings in the Silver State License type: Sales Address: 1409 Oakwood Ave., North Las Vegas Owner: Lois Marie Esparza Bring It Tattoo Supplies LLC License type: General retail sales Address: 3140 S. Valley View Blvd., Suite 8, Las Vegas Owner: Christine Wouda-Gotto Captains Cleaning Service LLC License type: Repair and maintenance Address: Not Displayed Owner: Loretta Lindahl Century Auto Body License type: Automotive garage Address: 105 W. Wyoming Ave., Las Vegas Owner: Century Auto Body LLP Chabhana License type: Consulting Address: 2201 Ramsgate Drive, Suite 1128, Henderson Owner: Sobhana Sucharitakul Christopher J. Martinez LLC License type: Professional services - medical Address: 7730 W. Cheyenne Ave., Suite 108, Las Vegas Owner: Christopher J. Martinez CHS License type: General services counter/office Address: 3100 E. Charleston Blvd., Suite 101, Las Vegas Owner: CHS Inc. Cindy Brue License type: Independent massage therapist Address: 10262 Country Flats Lane, Las Vegas Owner: Cindy Brue Collins Interiors Inc. License type: General retail sales Address: 10100 W. Charleston Blvd., Suite 100, Las Vegas Owner: Brian M. Collins Commerce Auto Repair LLC
19
VEGAS INC
the data
July 26- August 1
Send your business-related information to news@vegasinc.com
Records and Transactions License type: Automotive sales Address: 1528 S. Commerce St., Las Vegas Owner: Jonathan Ovado
9806 Guiding Light Ave., Las Vegas Richmond American Homes of Nevada
Complete Health and Wellness LLC License type: Weight loss Address: 2920 N. Green Valley Parkway, Suite 215, Henderson Owner: Complete Health And Wellness LLC
$434,902, single-family residential - production 9802 Guiding Light Ave., Las Vegas Richmond American Homes of Nevada
Concept Building Maintenance Inc. License type: Repair and maintenance Address: 538 White Heart Road, Las Vegas Owner: Joseph Carlo
$400,000, electrical 875 S. Grand Central Pkwy., Las Vegas Communication Electronic system
Connie Louise Golden License type: Real estate sales Address: 5550 Painted Mirage Road, Suite 140, Las Vegas Owner: Connie Louise Golden Cosmetic Efx LLC License type: Cosmetics Address: 2490 Paseo Verde Parkway, Suite 100, Henderson Owner: Cosmetic Efx LLC Craig Dunlap License type: Professional services Address: 10161 Park Run Drive, Suite 150, Las Vegas Owner: Craig S. Dunlap Esq. LLC CSE Construction Safety Equipment Inc. License type: Trucking Address: 9229 Golden Chain Ave., Las Vegas Owner: CSE Construction Safety Equipment Inc.
BUILDING PERMITS
$380,000, single-family residential - remodel 2412 Driftwood Drive, Las Vegas Stephen T. Moore & Carolyn B. Moore $300,000, single-family residential - addition 2323 Pinto Lane, Las Vegas DR Horton Inc. $300,000, tenant improvement 10440 W Cheyenne Ave., Las Vegas R&O Construction
$211,711, single-family residential production 358 Calgrove St., Las Vegas Greystone Nevada LLC $211,711, single-family residential - production 348 Calgrove St., Las Vegas Greystone Nevada LLC $210,000, tenant improvement nightclub/restaurant 1925 N. Martin Luther King Blvd., Las Vegas Radix Construction Inc. $208,432, single-family residential - production 9950 Mountain Foothills Ave., Las Vegas Greystone Nevada LLC
$242,875, commercial 500 N. Stephanie St., Henderson Kirklands $241,004, commercial - alteration 6120 N. Decatur Blvd., North Las Vegas Integrated Builders Group Inc.
$201,616, residential - production 2812 Josephine Drive, Henderson Richmond American Homes of Nevada
$240,000, tenant improvement nightclub/restaurant 2021 N. Jones Blvd., Las Vegas Kittrell Jensen Contractors LLC $238,827, residential - new 6548 Becket Creek Court, North Las Vegas Pardee Homes of Nevada
$1,632,800, tenant improvement 10111 Skye Canyon Park Drive, Las Vegas Rafael Construction Inc.
$233,230, single-family residential - production 12024 Girasole Ave., Las Vegas Toll South LV LLC
$1,200,000, single-family residential - custom 2323 Pinto Lane, Las Vegas Drive Horton Inc.
$233,230, single-family residential - production 391 Nola St., Las Vegas Toll South LV LLC
$589,000, tenant improvement offices 6200 N. Durango Drive, Suite 100, Las Vegas TWC Design Build
$233,230, single-family residential - production 337 Nola St., Las Vegas Toll South LV LLC
$434,902, single-family residential - production
$211,982, single-family residential - production 353 Calgrove St., Las Vegas Greystone Nevada LLC
$204,825, tenant improvement 353 E. Bonneville Ave., Suite 115, Las Vegas Blackford Civil and Demolition
$1,926,000, office 10111 Skye Canyon Park Drive, Las Vegas Rafael Construction Inc.
$549,000, tenant improvement offices 500 S. Grand Central Parkway, Las Vegas B&H Construction Inc.
$218,097, single-family residential - production 12126 Hermesa Colina Ave., Las Vegas Woodside Homes of Nevada LLC
$233,230, single-family residential - production 368 Granitico St., Las Vegas Toll South LV LLC $222,289, single-family residential - production 12026 Tramonto Ave., Las Vegas Toll South LV LLC
$200,000, single-family residential - addition 1909 Redbird Drive, Las Vegas Raftery Construction Inc. $198,944, residential - new 6549 Becket Creek Court, North Las Vegas Pardee Homes of Nevada $198,944, residential - new 6552 Becket Creek Court, North Las Vegas Pardee Homes of Nevada $196,633, tenant improvement 9711 Eagle Canyon Ave., Las Vegas Integrity Masonry Inc $196,197, single-family residential - production 354 Calgrove St., Las Vegas Greystone Nevada LLC $190,639, single-family residential - production 254 Tarragona Breeze Ave., Las Vegas William Lyon Homes Inc. $190,016, tenant improvement 9711 Eagle Canyon Ave., Las Vegas Integrity Masonry Inc. $189,544, fence
360 W. Cheyenne Ave., North Las Vegas Diamond Masonry LLC $186,273, single-family residential - production 8859 Pauley Hills St., Las Vegas Richmond American Homes of Nevada $181,821, residential - production 3217 San Maurizio Ave., Henderson Toll Henderson LLC $180,000, tenant improvement offices 300 S. Fourth St., Suite 1500, Las Vegas Summit Construction Inc. $177,968, single-family residential - production 248 Tarragona Breeze Ave., Las Vegas William Lyon Homes Inc. $176,485, single-family residential - production 9812 Guiding Light Ave., Las Vegas Richmond American Homes of Nevada $175,399, residential - new 4328 Hatch Bend Ave., North Las Vegas KB Home Nevada Inc. $170,000, office 10111 Skye Canyon Park Drive, Las Vegas Rafael Construction Inc. $169,622, residential - production 2655 Soda Butte Court, Henderson KB Home Nevada Inc. $168,731, residential - new 6545 Becket Creek Court, North Las Vegas Pardee Homes of Nevada $168,731, residential - new 6544 Becket Creek Court, North Las Vegas Pardee Homes of Nevada $168,721, single-family residential - production 370 Port Reggio St., Las Vegas Ryland Homes $168,673, residential - new 6713 Dome Rock St., North Las Vegas Pardee Homes of Nevada $168,673, residential - new 6649 Dome Rock St., North Las Vegas Pardee Homes of Nevada $168,673, residential - new 6729 Anvil Rock St., North Las Vegas Pardee Homes of Nevada $168,673, residential - new 6740 Anvil Rock St., North Las
Vegas Pardee Homes of Nevada $168,225, single-family residential - production 242 Tarragona Breeze Ave., Las Vegas William Lyon Homes Inc. $164,845, single-family residential - production 378 Calabria Ridge St., Las Vegas Ryland Homes $161,809, residential - new 6717 Dome Rock St., North Las Vegas Pardee Homes of Nevada $161,809, residential - new 6705 Dome Rock St., North Las Vegas Pardee Homes of Nevada $161,809, residential - new 6737 Anvil Rock St., North Las Vegas Pardee Homes of Nevada $161,809, residential - new 6728 Anvil Rock St., North Las Vegas Pardee Homes of Nevada $160,969, single-family residential - production 10589 Sturdevant Court, Las Vegas Richmond American Homes of Nevada $159,751, residential - custom 420 Patti Ann Woods Drive, Henderson Fox Homes $158,479, residential - new 3908 Ravens Court, North Las Vegas Richmond American Homes of Nevada $158,479, residential - new 3016 W. Logan Ave., North Las Vegas Richmond American Homes of Nevada $158,479, residential - new 3733 Blissful Bluff St., North Las Vegas Richmond American Homes of Nevada $158,479, residential - new 2405 Charmed Oasis Court, North Las Vegas Richmond American Homes of Nevada $156,702, residential - production 3131 Dalmazia Ave., Henderson KB Home Nevada Inc.
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VEGAS INC
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July 26- August 1
Send your business-related information to news@vegasinc.com
The List
Category: law firms (Ranked by number of local attorneys as of april 30)
Number of local attorneys
Number of national attorneys
Number of local partners
Areas of practice
Top local executive
1
Lewis Brisbois Bisgaard & Smith LLP 6385 S. Rainbow Blvd., Suite 600 Las Vegas, NV 89118 702-893-3383 • lewisbrisbois.com
55
850
32
General liability litigation, health care litigation, workers compensation litigation
Darrell Dennis
2
Snell & Wilmer 3883 Howard Hughes Parkway, Suite 1100 Las Vegas, NV 89169 702-784-5200 • swlaw.com
52
420
25
Civil and commercial litigation, real estate and construction, government affairs
Alex Fugazzi
3
Lewis Roca Rothgerber LLP 3993 Howard Hughes Parkway, Suite 600 Las Vegas, NV 89169 702-949-8200 • lrrlaw.com
44
226
29
Litigation, intellectual property, gaming
Dan Waite
4
Fennemore Craig P.C. 300 S. Fourth St., Suite 1400 Las Vegas, NV 89101 702-692-8000 • fennemorecraigjonesvargas.com
42
193
28
Business litigation, real estate and finance, government affairs
John Mowbray
5a
Alverson, Taylor, Mortensen & Sanders 7401 W. Charleston Blvd. Las Vegas, NV 89117 702-384-7000 • alversontaylor.com
38
38
12
Civil litigation, finance and real estate, estate planning/probate
Bruce Alverson
5b
Legal Aid Center of Southern Nevada 725 E. Charleston Blvd. Las Vegas, NV 89104 702-386-1070 • lacsn.org
38
38
N/A
Children’s attorneys, family justice, consumer rights
Barbara Buckley
7a
Hutchison & Steffen 10080 W. Alta Drive, Suite 200 Las Vegas, NV 89145 702-385-2500 • hutchlegal.com
36
38
14
Business litigation, corporate and business transactions, trust and probate litigation
John Steffen
7b
Marquis Aurbach Coffing P.C. 10001 Park Run Drive Las Vegas, NV 89145 702-382-0711 • maclaw.com
36
0
20
Litigation, real property, corporation and business
Terry Coffing
Greenberg Traurig 3773 Howard Hughes Parkway, Suite 400N Las Vegas, NV 89169 702-792-3773 • gtlaw.com
35
1,869
21
Litigation, real estate and hospitality, corporate and securities
Michael Bonner
Kolesar & Leatham 400 S. Rampart Blvd., Suite 400 Las Vegas, NV 89145 702-362-7800 • klnevada.com
33
33
22
Business law, administrative law, commercial and complex litigation
Robert Kolesar and Nile Leatham
11
Brownstein Hyatt Farber Schreck LLP 100 N. City Parkway, Suite 1600 Las Vegas, NV 89106 702-382-2101 • bhfs.com
31
226
17
Corporate/gaming/ intellectual property, litigation, real estate
Ellen Schulhofer
12
Dickinson Wright 8363 W. Sunset Road, Suite 200 Las Vegas, NV 89113 702-382-4002 • dickinson-wright.com
29
400+
11
Gaming, intellectual property, litigation
Michael Feder
13
McDonald Carano 2300 W. Sahara Ave. Las Vegas, NV 89102 702-873-4100 • mcdonaldcarano.com
24
52
16
Complex commercial litigation, construction law, gaming, commercial real estate, tax planning and trust estate and wealth preservation
George Ogilvie III
14
Holley, Driggs, Walch, Fine, Wray, Puzey & Thompson 400 S. Fourth St., Third Floor Las Vegas, NV 89101 702-791-0308 • nevadafirm.com
21
26
13
Bankruptcy, litigation, business
Ronald Thompson
Firm
9 10
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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L AS VEGAS 7 0 2 . 87 3 . 4 10 0
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