vegasinc.com | october 18 - 24, 2015
Jill Campbell, a Las Vegas native, returned to her hometown this month for Get Started Las Vegas, an event similar to the television show “Shark Tank.” (courtesy steve spatafore)
Cox exec talks health care, ‘Shark Tank’ and a la carte television By BRIAN DEKA | staff Writer
Fifteen years ago, Jill Campbell was named one of the most influential women in Southern Nevada by a local business publication. Now, she’s one of the most influential women in the communications industry. ¶ The Las Vegas native, who graduated from Bishop Gorman High School and UNLV, is executive vice president and chief operating officer of Cox Communications. She has been with the company for 33 years. ¶ Early in Campbell’s career, a boss encouraged her to get a master’s degree in business administration and enter the operations side of the industry, where there were few women. Years later, she returned to Las Vegas to run Cox’s cable system before being c a mp be ll, Continued on page 15
$23B
Estimated amount of wagers the e-sports industry is expected to produce by 2020, thanks to the surging popularity of competitive video gaming, according to Eilers Research.
$84M
SLS’s net loss during the first half of 2015. Sam Nazarian, who headed the creation of the resort, recently sold his ownership stake. His company no longer will manage the property.
2
VEGAS INC OCT. 18 - OCT. 24
CONTENTS PUBLISHER Donn Jersey (donn.jersey@gmgvegas.com)
EDITORIAL
NOTEWORTHY STORIES
05 06 18 Q&A WITH ADAM GOMES
The owner of Via Brasil Steakhouse, near Summerlin, discusses his restaurant’s new brunch service, the benefits and drawbacks of running a business with a spouse, and what he learned from his parents about being a better man and businessman. THE NOTES People on the move, P4
MEET: WORLD ZUU FITNESS
Australian Nathan Helberg developed his exercise regimen because, while he was pleased with his muscular strength, he was unhappy with his range of motion. His first expansion into the United States came in Las Vegas. TALKING POINTS Convention centers must evolve with technology, P7
DATA AND PUBLIC INFORMATION
EDITOR Delen Goldberg (delen.goldberg@gmgvegas.com) MANAGING EDITOR Dave Mondt (dave.mondt@gmgvegas.com) ASSISTANT MANAGING EDITOR/BUSINESS Brian Deka (brian.deka@gmgvegas.com) ASSISTANT MANAGING EDITOR/SPORTS AND DIGITAL Ray Brewer (ray.brewer@gmgvegas.com) ASSISTANT MANAGING EDITOR/POLITICS Scott Lucas (scott.lucas@gmgvegas.com) STAFF WRITERS Kailyn Brown, Adwoa Fosu, Megan Messerly, J.D. Morris, Kyle Roerink, Daniel Rothberg, Cy Ryan, Eli Segall, Jackie Valley, Pashtana Usufzy, Ian Whitaker COPY DESK CHIEF John Taylor COPY EDITORS Jamie Gentner, Brian Sandford SPECIAL PUBLICATIONS EDITOR Craig Peterson EDITORIAL CARTOONIST Mike Smith LIBRARY SERVICES SPECIALIST Rebecca Clifford-Cruz RESEARCHER Julie Ann Formoso OFFICE COORDINATOR Nadine Guy
A listing of local bankruptcies, bid opportunities, brokered transactions, business licenses and building permits.
ART
MORE VEGAS INC BUSINESS NEWS Calendar: Happenings and events, P17 The Lists: Trade and professional organizations,
ADVERTISING
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LAS VEGAS SUN ARCHIVES
VINTAGE VEGAS: EL RANCHO SQUARED First known as the Thunderbird (1948-75), then the Silverbird (1977-81), this troubled hotel was bought for $25 million by gaming pioneer Ed Torres and reopened Aug. 31, 1982, as El Rancho Hotel & Casino. It was the second time the El Rancho name debuted on the Strip. Perhaps jinxed by the moniker, Torres’ El Rancho was never profitable and closed a decade later. It met its demise Oct. 3, 2000, by implosion.
Pictured here is casino worker John Ashton, putting a final polish on a slot machine on the day of El Rancho’s grand opening. Ironically, the property sat across the street from the location of the original El Rancho, which boasted a neon windmill and was famous for being the Strip’s first major hotel. It was destroyed June 17, 1960, in a fire. — REBECCA CLIFFORD-CRUZ
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the notes
oct. 18 - oct. 24
Send your business-related information to news@vegasinc.com
Mallory Hanneke is a public relations specialist and April Aggacid is public relations hanneke aggacid administrative assistant at Preferred Public Relations. Sandy Colón Peltyn is the Dignity Health-St. Rose Dominican board of directors chairwoman. In addition, Sisters Cynthia Cammack and Patricia Dulka joined the board. Dr. Nisarg Changawala joined Lung Center of Nevada, a division of Comprehensive Cancer Centers of Nevada. Changawala is a board-certified pulmonologist. Philipp Batallia is art director and Shannon Sarver is associchangawala ate creative director at B&P Advertising, Media and Public Relations. Jerry Carnahan is executive vice president of the Las Vegas Metro Chamber of Commerce. He also will serve as executive director of the Las Vegas Metro Chamber Foundation. Richard Burgamy is director of the Las Vegas office of the U.S. Equal Employment Opportunity Commission.
carnahan
JW Advisors Partner Chris Wilcox and Miller Russell Associates Partner wilcox bucklew Russell Bucklew earned Certified Exit Planning Advisor designations after completing the institute’s CEPA executive-style MBA program at the University of San Francisco.
Jeri Crawford, president and CEO of the Las Vegas Philharmonic, joined the Kennedy Center’s advisory board, the National Symphony Orchestra National Trustees, a coalition of arts supporters from around the country who act as links between their communities and the performing arts center.
crawford
Judy Clifford is a property manager at Colliers-Las Vegas. Juanita LeFlore Chrysanthou is vice president of student affairs at the College of Southern Nevada. She previously was vice chancellor of student success for the Lone Star College System. She also was vice clifford president of student services at Truckee Meadows Community College from 2004 to 2009. Dina Hinton is a member services supervisor at the Clark County Credit Union. Lance Garrick is senior vice president and corporate controller at Preferred Restaurant Brands Inc. He was vice president of finance for the hospitality retail division of MGM Resorts International.
hinton
Tom Letizia opened the Letizia Agency, a marketing company focused on digital trends. Dr. Carrie Hersh joined the Cleveland Clinic Mellen Program for Multiple Sclerosis at the Lou Ruvo Center for Brain Health. Dr. Brent Bluett joined the clinic’s Parkinson’s Disease and Movement Disorders Program. Hersh completed her training in adult neurology and neuroimmunology at the Cleveland Clinic main campus. Bluett trained at Touro University’s Nevada College of Osteopathic Medicine. Rebecca MacDonald is vice president and market leader, Theresa Le is vice president and senior trust officer, and Maximus Nguyen is wealth financial adviser at Bank of the West. The U.S. Department of Education awarded more than $799,000 to UNLV and the College of Southern Nevada for student support services.
Bryan Coy is chief accounting officer at Interblock. James Kane at the end of the year will retire as president and CEO of Centuri Construction Group Inc., the construction services subsidiary of Southwest Gas Corp. Kane worked 31 years at Southwest Gas.
Salute opened at Red Rock Resort. Luciano Sautto is executive chef.
Goodwill opened at 6765 N. Durango Drive, Las Vegas.
coy
Bob Morgan is president and CEO of United Way of Southern Nevada. John Dakin is general manager of Trevi Italian Restaurant in the Forum Shops at Caesars.
Lev Restaurant Group opened its 12th Jamba Juice store in Las Vegas, at 365 Hughes Center Drive, Suite 120. A number of companies joined the Association of Gaming Equipment Manufacturers, including Gill’s Printing & Color Graphics, NanoTech Gaming, Quantum Gaming Concepts and Randstad Staffing. The Cupcakery’s third Las Vegas location opened, at 1150 E. Flamingo Road, Las Vegas.
Shaun Swanger is vice president and general manager of Caesars Entertainment’s Linq Promenade and High Roller observation wheel. dakin
Joseph Zanelli is executive chef at Botero, a steakhouse at Encore. The restaurant plans to close Nov. 1; Zanelli will oversee a new concept in the space.
of Surgeons. Towbin Dodge was the No. 1 Dodge dealership in the world based on Chrysler July 2015 sales reports. Prestige Chrysler Jeep Dodge was the No. 1 Chrysler dealership in the West and the No. 1 domestic dealer in the state for July. Bombard Renewable Energy will handle the engineering, procurement and construction of a new 15-megawatt solar power project for Valley Electric Association. The project will be in the northern area of Pahrump and will supply electricity to members of the nonprofit, member-owned electric cooperative. MountainView Hospital is undergoing a $90 million, multiphase campus expansion, which will include the addition of 64 beds, an expansion and renovation of women’s services, the addition of a Level III Neonatal Intensive Care Unit, the expansion of the emergency department and a new medical office building. Heather Allen Concepts, a retail design company, will more than double its space, from 4,400 square feet to 10,000 square feet, adding a showroom and increasing manufacturing capabilities. The company is located at 5480 S. Valley View Blvd., Las Vegas. Comprehensive Cancer Centers of Nevada announced a partnership with the University of Southern California’s Norris Comprehensive Cancer Center. The clinical affiliation agreement, officials say, will bolster Southern Nevada patients’ quality of care and access to clinical trials. The USC Norris Comprehensive Cancer Center, Los Angeles, is one of the original eight such centers in the United States designated by the National Cancer Institute and participates in more than 200 clinical trials. Maverick Helicopters invested almost $2 million to upgrade its ground transportation fleet to limo coaches. The coaches are a mix of Mercedes-Benz Sprinters and larger luxury vehicles with the ability to seat 10 to 20 passengers each. GES (Global Experience Specialists), a trade show company, had its national service center recognized by J.D. Power for contact-center operation customer satisfaction excellence with its live phone channel for the seventh consecutive year. The Embassy Suites by Hilton Convention Center Las Vegas hotel upgraded to queen-sized beds. Verizon ranked highest in network quality among U.S. wireless providers in the western region, according to J.D. Power. Verizon’s network performance was significantly higher than the industry average in all six regions nationwide for all three quality categories: calling, messaging and data. Rainforest Café opened at Harmon Retail Corner, 3717 Las Vegas Blvd. South, Las Vegas. HealthCare Partners Nevada acquired Internal Medicine Associates, a group of primary care providers with three locations in Southern Nevada. The Las Vegas Convention and Visitors Authority earned an Achievement of Excellence in Procurement Award from the National Procurement Institute for the 20th consecutive year.
The Government Finance Officers Association of United States and Canada awarded North Las Vegas a Certificate of Achievement for Excellence in Financial Reporting.
Skye Canyon in northwest Las Vegas is the state’s first master-planned community to offer 1-gigabit Internet access. Century Link provides the service. The connection is 40 times faster than typical broadband.
The Breast Center at Sunrise Hospital was granted a three-year, full accreditation designation by the National Accreditation Program for Breast Centers, administered by the American College
National Security Technologies, the management and operating contractor of the Nevada National Security Site, won the U.S. Department of Energy’s Superior Safety award for the fifth consecutive year.
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vegas inc
the interview
oct. 18 - oct. 24
Send your business-related information to news@vegasinc.com
Q&A with adam gomes
‘Your restaurant is an extension of who you are’ Adam Gomes has worked in the restaurant industry since he was 11 years old. His father opened the original Via Brasil in 1978 in New York, where Gomes started out polishing silverware. He moved up to busser, waiter and eventually, bartender and manager. Now, he owns Via Brasil Steakhouse near Summerlin. Do you have any recent news you’d like to share? Via Brasil recently started a brunch program that has been very successful. It has your traditional breakfast foods, as well as the rodizio meats that Via Brasil is known for. We have a waffle station and an egg station where you can get your food made to order, and our meat runners serve guests eight types of meat, including Picanha (our signature cut top sirloin), Brazilian pork and garlic steak. There’s also a salad bar with more than 35 hot and cold dishes. Our fresh-squeezed strawberry, pineapple, orange and other juices have been popular as well. What is the best business advice you’ve received? One thing that always stuck with me is when my father told me, “Your restaurant is an extension of who you are, but when you begin to put yourself ahead of what the restaurant is supposed to be, you’re heading in the wrong direction.” What do you find appealing about the restaurant industry? It’s the part it plays in people’s lives. Many of life’s great occasions are celebrated in restaurants — birthdays, anniversaries, weddings, proposals, first dates. ... And each one of those memorable occasions needs to be handled just right. That’s the part we play, and it is the thing that really motivates me — trying to exceed each guest’s expectations and add to those special moments. How do you remain competitive in the restaurant market grows with competition from restaurants with similar menus? What makes Via Brasil Steakhouse something special is the care we put into it. I don’t just sit back and watch. I take part in the daily service to make sure the guest experience is something customers will truly appreciate. And while the Summerlin-area restaurant market is growing, Via Brasil Steakhouse is constantly changing as well, introducing new menu items, seasonal cocktails and special events. You run a house-infused spirits program. How did you come up with the idea, and what does it entail? Bartending was always one of my favorite jobs. I started behind the bar at age 18 and was always trying to match different liquors and cordials to create cocktails I thought might be interesting. We started playing around with infused liquor at Via Brasil last winter. A friend had brought back from Brazil an interesting infused Cachaca (a popular Brazilian distilled alcoholic beverage) for me to try. I realized
Adam Gomes owns Via Brasil Steakhouse, 1225 S. Fort Apache Road, Las Vegas. (STEVE MARCUS/staff)
there weren’t any infused flavors for Cachaca and set out to create one for my restaurant. I decided to recreate a cocktail my grandfather would make in Brazil, something to warm guests up after or during the meal. My infusion is called Warm Apple Pie and to make it, we take a bottle of Cachaca and add in slices of green apple and a few sticks of cinnamon, store that in a dry, dark place for about a week and then strain it. The resulting infused liquor is mixed with honey and served warm. It was such a hit with guests that other infused cocktails were soon added to the menu. What do you do after work? I try to just relax with my wife and take care of our three dogs. Since I never know for sure when my workday will end, I play it by ear — maybe take in a movie or check out a local restaurant for a late dinner. Describe your management style. How did you refine your management approach? My management style is very hands-on. Having worked so many positions and knowing what is expected of each, I try to impart any knowledge I have onto new hires and those looking to learn and grow in the industry. On the flip side, I also listen to what my employees have to say and try to see things from their point of view. I don’t know everything, and you never know where you might learn something new or unexpected.
You run Via Brasil with your wife, Anna. What are the perks and pitfalls of working with your spouse? One of the perks is definitely spending so much of our time together, seeing how she goes about her job and finding myself impressed by things she does on a regular basis. One of the pitfalls is when work is done and we go home and discuss our day, it is about the business. It sometimes can feel like you are always working. Where do you see yourself and your company in 10 years? I definitely see myself opening more restaurants in other parts of the country. There are some ideas I have for the Brazilian steakhouse concept, as well as other styles of restaurants I would like to explore. What is your dream job, outside of your current field? I could see myself working in graphic design. I went to school for many years studying it and actually do a lot of the design work for the restaurant. Whom do you admire and why? I admire my mother, because she was the kind of rare person who always put others ahead of herself and sacrificed many of her own dreams to take care of our family. She had the kind of strength and will that made others around her stronger.
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vegas inc
get to know a local business
oct. 18 - oct. 24
Send your business-related information to news@vegasinc.com
by the numbers
5.5 million
Approximate square footage of Tesla Motors’ Northern Nevada battery manufacturing plant, which is scheduled to be operational within a year.
$35,000
Price of the mass-market car Tesla Motors plans to produce using low-cost batteries manufactured at its factory near Sparks.
16,752
Vacant homes in the Las Vegas area, according to RealtyTrac. The vacant homes account for 2.6 percent of all residential properties in the valley. Nationally, 1.8 percent of homes are empty, according to RealtyTrac.
2,721
Single-family homes sold in September in the valley, down 11 percent from August but up 14.3 percent year over year, according to the Greater Las Vegas Association of Realtors.
8,134
Local single-family homes that were listed for sale but went without any offers in September, up 9.4 percent from August, according to the Greater Las Vegas Association of Realtors.
23
Office buildings bought by investors in the Las Vegas Valley through June, according to Colliers International. In 2012, investors bought 87 office buildings.
$1 million
Amount a former Bellagio dealer and three co-defendants are accused of stealing from the casino in a craps scam.
$50 million
Total estimated global wagers this year on esports, according to Eilers Research. It has become increasingly common for video gaming fans to bet on outcomes as they watch players go head to head.
Australian Nathan Helberg works out during a class at World ZUU fitness, 4985 S. Fort Apache Road. The Las Vegas venue is the first U.S. location for the animal-based-movement fitness concept. (STEVE MARCUS/staff)
Class makes you a beast in the gym Describe your business.
ZUU was designed in Australia and offers group fitness classes that run for an hour each. There are no weights or machines involved; it’s all moving your own body weight. Who are your customers?
world zuu fitness Address: 4985 S. Forte Apache Road, Suite 103, Las Vegas Phone: 808-385-0333 Email: info@thezuu.com.au Website: worldzuu.com Classes offered: 7 a.m., 9 a.m., 12:30 p.m., 6 p.m. and 7 p.m. Monday through Friday Owned/operated by: Nathan Helberg In business since: 2007 internationally, 2015 locally
Anyone who wants to become super fit, strip body fat and gain functional strength. We find this means we have men and women working out together.
Your regimen is based on animal movement. Why?
Animals instinctively know how to move for survival. As a result, they are fast, lean and strong. Mimicking animal movement enables us to make people resilient. What are the benefits of such a workout?
We know that to strip body fat, you need to elevate your heart rate. Traditional training does this but can put a lot of stress on your joints and ligaments. ZUU is unique because you can raise your heart rate in a low-impact environment while increasing overall body strength and mobility.
workout with them. We believe that as trainers, you have to earn the respect of your clients before they will give you their best effort. Second, we strive to make everyone in the class feel comfortable. There is a great amount of teambuilding and relationship building in every class.
Why did you choose Las Vegas for your first U.S. location? Do you plan to expand?
We chose Las Vegas because of the people and the climate. Las Vegas has a diverse community interested in health, well-being and physical activity. The climate encourages locals to stay in shape year-round, so it felt like a natural place to start. We plan to have multiple locations in Las Vegas, then expand to California and regionally. What is the hardest part about doing business in Las Vegas?
The challenge is getting our name out there. We’re happy to have had tremendous interest from the Las Vegas fire department, as well as Metro Police, who see the value in our training.
What can someone expect during the first class?
First, you can expect a warm welcome. The feeling and energy we create in the room is like nothing you have experienced training. You will leave feeling exhausted yet empowered. What is the most important part of your job?
A ZUU trainer’s role is to inspire the class by doing the
What is the best part about doing business here?
The people have been fantastic. There seems to be a wide variety of industry occupations, and we have met people from all walks of life. Moms, dads and local shopkeepers have been excited to embrace this new movement, empowering individuals to achieve and keep working toward being the best they can be.
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On Eli Segall’s vegasinc.com story “Las Vegas still ranks among nation’s worst for share of vacant houses”: All markets take time to correct and heal after an extended boom. Real estate markets behave the same as any market. — WhatCanHappen On J.D. Morris’ vegasinc.com story “Competitive video gaming could be next step for bettors in Nevada”: With athletic events, we have some amount of control. We can inspect equipment and drug test players. How are we supposed to regulate video game tournaments? — DieselJunkie On J.D. Morris’ vegasinc.com story “Sam Nazarian’s SBE Entertainment will no longer manage SLS”: You’d think a hotel that close to the convention center would be able to break even just on rooms. — altimaklr On Kyle Roerink’s lasvegassun.com story “Conservative think tank attacks NV Energy plan to build new power plant”: Why can’t NV Energy embrace rooftop solar? With enough homes on the grid, it would make all the extra electricity it needs without a new power plant. — Highwayman 2014
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Convention centers must evolve with technology
C
Inc. recently estimated that global Internet onvention centers serve as largetraffic volume in 2019 would be 66 times larger scale venues for industries to share than it was in 2005. Data volume and storage their latest products, services alone have evolved from bytes to megabytes to and innovations, which is why it terabytes and now zettabytes. A zettabyte is is imperative that these facilities are at the 1,000,000,000,000,000,000,000 bytes! forefront as we approach the zettabyte era. Convention center facilities today need to To remain competitive in the coming years, be built smarter, not just larger. This means convention centers must embrace next-level investing in the infrastructure to support technologies, including advanced Internet events large and small, engaging with visitors connectivity, big data, cloud computing and in new and exciting ways, and using big data to social media integration. Public demand for enhanced wireless services guest column: create an optimal environment for attendees. Mark Haley Developing a plan to exceed the expectations at convention centers has spiked in recent of convention center visitors can be years, particularly with the advancement of overwhelming. Finding a technology partner mobile devices and the Internet of Things that keeps up with the latest trends in the (IoT). The IoT includes everyday items such market and creates customized network solutions is just as thermostats, LED bulbs and even athletic apparel that as critical as adapting to a technology environment that is gather and transmit data. This growing technology segment always evolving. has boosted the demand for reliable wireless Internet In an industry where no two events are the same wherever people travel. and each event has its unique needs, the traditional Technology research firm Gartner estimates there will telecommunication model does not apply. be 26 billion IoT units worldwide by 2020, a nearly 30-fold Those in the telecommunications and convention increase from 2009. With this increased number of smart industries would be wise to embrace such changes and devices comes the need for bandwidth and infrastructure to adapt to meet the business community’s ever-increasing support the IoT. need for connectivity. The greatest challenge facing the convention center Mark Haley is president of Smart City Networks, a industry is adapting to constant technological changes telecommunications service provider. and demands for more speed and capacity. Cisco Systems
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
oct. 18 - oct. 24
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Vegas tech company brings online gaming to bowling By daniel rothberg Staff Writer
At Red Rock Lanes, Rich Belsky rolls a strike. He’s bowled more than three in seven frames, and this is just practice for his league game. Through his Las Vegas-based mobile app company, the Philadelphia native, who has bowled since he was 6, has more in mind than just avoiding the gutter: He wants to put an end to bowling solo. Founded in 2011, the application brings technology to the old-school sport, offering players analytics, a way to keep track of their scores and a way to compete with each other remotely. Now, Rolltech has its sights set on online skills-based gaming. After months of beta testing, Rolltech is expected to launch Action Bowling, a way for league players to submit their certified scores to daily online tournaments for cash payouts. “It’s really unprecedented in the world of gaming,” Belsky said. With the gaming vertical, Belsky hopes to modernize the traditional
Rolltech, an app for bowling enthusiasts, allows competitors to play against each other — perhaps even for money. (christopher devargas/staff)
bowling league model. Rolltech’s Action Bowling feature will enable league bowlers to submit their certified scores to an electronic pool of bowlers throughout the country. Participants in the prize pools can
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choose from different tournaments, which are expected to occur daily, using the application to process their payments through a secure platform. Action Bowling is categorized as a skills-based game because, like a live
tournament, the competition relies on a player’s physical skill. It’s similar to daily fantasy sports and online poker in that there will be buy-ins and prize pools, but the online league play is regulated differently. “The legality is completely different,” Belsky said. The number of bowling alleys and leagues in the United States has steadily declined, a trend publicized by political scientist Robert Putnam in his 2000 book “Bowling Alone.” That’s a trend that Belsky wants to buck. “We feel we can turn (it) around,” he said. The downtown-based company, which has 15 employees, has raised more than $3 million in funding since 2011. An investor in Rolltech, Zach Ware, a partner at the VegasTechFund, said the company’s value largely stems from its plan to revamp an existing commercial model — bowling leagues — that is localized. “Rolltech eliminates a huge level of inefficiency,” he said.
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oct. 18 - oct. 24
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Station aims to be publicly traded again By J.D. Morris Staff Writer
Station Casinos indicated recently that it intends to become a publicly traded company again, about eight years after the gaming giant was taken private. The company filed a registration statement with the Securities and Exchange Commission regarding a proposed initial public offering, but said in a brief statement that it had not determined the number of shares it would offer or the price range. Station said it plans to acquire its management company, Fertitta Entertainment LLC, for $460 million. Station also did not specify on which market its stock would be traded. The locals-oriented company declined to comment beyond its statement and regulatory filings. Station owns 19 properties in Southern Nevada — including Red Rock Resort, Green Valley Ranch and Palace Station — and manages two tribal casinos. A multibillion-dollar leveraged buyout took Station private in 2007, concluding about 14 years during which Station was a public company. The debt taken on in that deal became problematic when the recession hit, and Station filed for bankruptcy reorganization in 2009. It emerged from bankruptcy in 2011. Frank Fertitta III, Station’s CEO, and Lorenzo Fer-
Riviera site to be empty lot by early ’17
titta now own about 58 percent of Station. Deutsche Bank owns 25 percent. Station’s net revenue increased by 5 percent in the second quarter this year — its ninth straight quarter of year-over-year revenue growth. The company has reported 17 straight quarters of growth in its adjusted earnings before certain costs. In its registration statement with the SEC, Station sought to relay its own financial strength and that of the broader Las Vegas economy. The filing noted “favorable economic and market fundamentals” including robust population and employment growth, as well as a record number of visitors to Las Vegas last year. Furthermore, the filing said that since emerging from bankruptcy, Station has reduced its total debt by $450 million to $2 billion and invested $330 million to “maintain and enhance” its properties. Standard & Poor’s Ratings Services also has reflected a favorable view of Station’s finances, boosting its outlook on Station from stable to positive this year. “The outlook revision reflects our expectation that Station Casinos’ credit measures will continue to improve through 2016, as a result of continued good operating performance coupled with debt repayment,” Standard & Poor’s credit analyst Stephen Pagano wrote at the time.
By J.D. Morris Staff Writer
By early 2017, the site of the shuttered Riviera needs to be little more than a swath of land fit to host outdoor events. That’s when the area must be ready for a major construction industry trade show, Conexpo-Con/Agg, to prepare for its March 2017 event there, according to the Las Vegas Convention and Visitors Authority. The authority, which bought the Riviera this year for $182.5 million, plans to demolish the 60-year old resort, clean up the land and then use it for outdoor exhibit space until work on a new convention facility gets underway. Terry Jicinsky, the authority’s senior vice president of operations, said the demolition should happen next summer. The disclosures came as the authority’s board voted in favor of a $1.84 million, 16-month contract amendment with Cordell Corp. to oversee the process of demolishing the Riviera, which closed in May.
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Commercial real estate prices rising, buyers shying away By eli segall Staff Writer
A few years ago, after the recession pummeled Las Vegas, bargain-hunting investors gobbled up cheap commercial properties throughout the valley, sometimes buying in bulk. Today, the economy is on the mend, real estate values are climbing, profits are getting pinched — and buyers are taking their money elsewhere. Sales of Southern Nevada office buildings, shopping plazas, warehouses and apartment complexes have dropped in 2015 to the slowest pace in years. At the same time, prices have soared. “The fire sales that once existed are much tougher to find,” said Brian Gordon, a principal with research and consulting firm Applied Analysis. Investment sales are by no means The Village Square shopping center at Sahara Avenue and Fort Apache Road grinding to a halt, but brokers, inves- was bought out of foreclosure in 2011 for $17.5 million and recently sold for more tors and other market watchers say than double that amount. (l.e. baskow/staff) buyers have pulled back for a numvalley, totaling more than 600,000 ber of reasons. Landlords don’t feel an average price of $97.21 per square square feet. After he and his partners as pressured to cut their losses and foot. launched MCA in 2011, their sales unload properties as they did three n The biggest drop in sales has been pitch to investors was basically, “How or four years ago, when the economy with apartments. Landlords bought much worse could it really get?” was in shambles; sellers are com2,779 units this year through June Their first building here was just manding higher prices — or at least for an average of $84,742 per unit. In 30 percent occupied, and rental trying to — amid higher occupancy 2012, investors snapped up 21,840 rates at some early acquisitions had and rental rates; and there are a lot units, at an average of $65,425 per plunged under previous owners. fewer bank-owned, underwater or unit. Landlords did whatever was needed other distressed properties, which The apartment business — helped to keep tenants from fleeing, “to the typically sell at steep discounts, on in no small part by the valley’s houspoint of absurdity in some cases,” the market. ing crisis, which wrecked many resiMattox said. Buyers continue to hunt for deals, dents’ finances and ability to buy MCA paid about $25 per square but “there’s just not a lot of them out homes — has been one of the most foot for its first few purchases here. there now,” said broker Cathy Jones, robust aspects of Las Vegas’ commerFast forward a few years, and Mattox owner of Sun Commercial Real Escial property industry the past few paid between $55 and $85 per square tate. years. Many landlords believe the foot on four recent deals. According to brokerage firm Colmarket will further strengthen and He attributed the valley’s investliers International: are waiting for big offers from buyers. ment slowdown in large part to the “They are going to hang on and get n Investors bought 23 office builddearth of financially struggling a little more of what they believe they ings this year through June and paid buildings available for sale. But he deserve,” Colliers broker Garry Cuff an average of $181.65 per square foot, said good deals are still out there, and said. about half the pace but more than his group isn’t finished buying. twice the cost of sales in 2012 (87 nnn sales at $89.11 per square foot). nnn John Stater, Las Vegas research n Buyers this year also picked After the market collapsed, invesmanager for Colliers, said the broadup 17 industrial buildings through tors bought, among other things, er market’s slowdown isn’t necesJune and paid an average of $88.53 bulk quantities of office buildings, sarily bad and reflects a diminished per square foot. In 2012, investors shopping centers and fast-food resinventory of low-priced properties. bought 77 industrial properties for taurant properties in the valley. Such He said investors “found a lot of good an average of $61.11 per square foot. buyers figured the battered market deals” in the valley after the economy n Retail-center sales and prices are would recover and their discounted tanked, and when prices rise, sales down from last year, but the pace of yet risky purchases would eventually volume tends to drop. purchases is the slowest since 2012 make them big profits. “We’re out of that desperation and, except last year, prices are the The market was weak and unstable, phase,” Stater said. highest since at least 2011. Investors and according to CBRE Group broInvestor Tyler Mattox, a co-ownbought 17 plazas through June, for an ker Marlene Fujita, many landlords er of MCA Realty in Irvine, Calif., average price of $158.36 per square “were just cutting their losses” and knows this firsthand. His group foot. By comparison, in 2013, buyers selling. Today, with historically low owns 14 industrial properties in the picked up 48 shopping centers, for
interest rates and increased bank lending, landlords can refinance their debt and hold properties for another five to 10 years. “The urgency to sell isn’t there,” Fujita said. One factor that could be scaring some buyers away is that, as researcher Gordon noted, sales prices are rising faster than rental rates, potentially crimping profits for new investors. But many landlords have cashed in or now are trying to. One group that recently booked a big profit on a market-bottom purchase was Westport Capital Partners. The company bought Village Square, a 250,000-square-foot shopping center at Sahara Avenue and Fort Apache Road, out of foreclosure in 2011 for $17.5 million, Clark County records show. It sold the property to New York’s DRA Advisors for about $37.8 million. The sale was recorded Oct. 2. Anchored by a Regal Cinemas multiplex, Village Square was once a thriving shopping center that all but collapsed with the recession. In 2007, it was 94.5 percent leased, but by 2009, occupancy had plunged to 51 percent in its retail space and to 63 percent in its office component, according to reports. “Once the recession hit, it just tanked, and it was a ghetto,” said longtime Las Vegas resident Sherman Ray. Ray and his wife, Linda, opened Avery’s Coffee in Village Square in fall 2013. He said their storefront had been empty for three years before they moved in. Westport spruced up Village Square with new signs, paint, lighting and landscaping. But the plaza’s upgrades “really didn’t matter,” Sherman Ray said, because residents “were so used to this place being so run down that nobody was looking to even come here.” There were just a few other tenants in his corner of the shopping center when Avery’s opened, and within a month, stores had closed. The Rays had signed a three-year lease and worried they might have to shut down. “There was no foot traffic at all,” Sherman Ray said. “There was absolutely nothing over here.” Today, the plaza has a lot more tenants, and at times, Ray said, parking is tight. “The center definitely is a lot more lively,” he said.
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cam p bell, from page 1
‘Health care is ... going to explode for the industry’ promoted to the company’s corporate office in Atlanta. “It was wonderful to get to come back and see how much the community had grown, and the university itself was phenomenal,” Campbell said. “When I started, there were no dorms; it was a commuter school. Now, it’s such a fantastic university. It makes me really proud to have graduated from there.” Campbell now oversees Cox’s residential business and supervises regional managers who handle community, employee and government relations. Her part of the operations includes about 20,000 employees covering customer service, field work, marketing, sales and public affairs. She and other senior Cox executives came to Nevada this month Jill Campbell, then general manager of Cox Las Vegas, shows off a pile of food for Get Started Las Vegas, an event donated by Cox employees during the annual employee food drive in 1999. (courtesy) similar to the television show “Shark as well as advertisers. That has been more robust video-on-demand platTank,” in which entrepreneurs pitch their bread and butter. And then we form, so you’ll have the ability to ortheir business ideas to a panel of pass those costs along to the consumder a lot more movies. judges. er. I kind of liken us to the post office; Then you think about broadband Campbell chatted with VEGAS INC we just deliver the mail. We aren’t speeds. You’re going to see the indusabout the communications industry, a creating the mail. try providing a lot more capability in la carte television and more. So at the end of the day, they are speed than we have in the past, and I used to those revenue streams. If you think that’s going to be great. How have things changed for go a la carte, ESPN is not going to say You’re seeing a lot of people try women in the workplace since to the consumer, “You just buy ESPN what’s called “over the top,” which is you entered the operations secwithout all of the other products.” through the Internet — like a Netflix tor? Nor are they going to let us do that — trying a lot more niche programOn the operations side, there still — let’s say we want to provide it over ming to try to reach different groups, are not a lot of women, unfortunately. the top — because then they lose that such as millennials. I think you’re goWe continue to find them managing packaged revenue stream. ing to see a lot more of those pop up. cable systems; we’re seeing a lot of Then they sell ESPN at, what, $20 a We are looking into lots of new busigrowth in marketing, new business customer? Does that make up for the nesses. We just did a deal with the products, even finance. But in terms millions that currently take it whethCleveland Clinic involving health care of general management, my level, er they want ESPN or not? kiosks in businesses, so you don’t have they’re still very few and far between. Try to explain that to the consumer, to go to Quest laboratories or the like. Where we see them advancing is on though. It’s very difficult. Logically, You can just go in your office, swipe the network and programming side, you say, “Well, why can’t I just buy your insurance card and visit with a so you’ll see a lot of women who run what I want?” Well, the business model doctor. That has endless possibilities networks. I think that’s pretty excitdoesn’t work. It falls apart. When you for the industry when you think about ing. start to pull them apart, and then they connected homes and being able to do have to provide all of the back-office health care monitoring from home. What kind of advancements in support, all of the sports rights or other I think the health care world is just technology do you see coming programming rights, talent fees, etc., it going to explode for the industry, as for the industry? makes it very difficult if you don’t have well as connected homes, not just with It’s moving so rapidly, I sort of stay scale to provide those services. home security but with home automatuned every minute and open the pation. More and more devices will be per to see what’s next. What’s exciting How did Get Started Las Vegas controlled by an app. to me is 1-gigabit residential Internet come about? service. We announced in Las Vegas We’ve had about 16 of these overWill we ever see a la carte pay that we were bringing it to the marall. It really started as a brainchild of television industrywide? ket, and now we’re actually doing that somebody who was in our corporate It really is complicated. Think nationally. public affairs group. about the paid TV programmers, the At some point in the coming year They said, “Wouldn’t it be great, NBCs of the world. They’ve been paid to 18 months, there will be things like in each of our communities, to look by those cable operators, like Cox, cloud DVR. I think you’ll see a much
at people who wanted to start new businesses and then have a panel of judges, much like ‘Shark Tank,’ to reward them with seed money and a gift pack?” Also, so they have this entry into all of the other businesses in town, to get to know them. From there, we worked with our Cox business partners. They invite businesses in the community, chamber folks and those who want to know more about what these entrepreneurs are coming up with. For us, cable really started as an entrepreneurial business. It was just some guys who were trying to get television signals to small properties; they put in their own money. That’s really at the root of who we are and what we do. Secondly, we’re very committed to being involved in the communities we serve. We have local markets, and we believe in giving back to those markets, and we felt like this was a great way to do that for people in our communities. So we’ve been doing them all over the country. What is the best business advice you’ve received? I think it was quite some time ago in my career, and that was: You hire really good people, set expectations, check in, and get out of their way. If you have really good people, they make you look better and you have less to do. That has always proven itself out for me. That kind of coupled with: When you know you’ve got somebody who’s not making it, it’s so painful to continue on with them for you, them and the company. Once you make that call and move on, and you get somebody who’s really good in that role, it’s like night and day. You never go, “Well, I wish I would have held on to that person longer.” Is there anything else you’d like to add? One of the things I think is so amazing in this market — and we’ve got it in other markets — is Cox Charities. It’s employees giving to the community, and they get to pick what organizations they want to support. They’ve given more than $1 million to organizations in the Las Vegas community. It just speaks volumes about the culture of Cox and how the employees feel about the community they live in.
COX
GET STARTED RAIN NIGHTCLUB AT THE PALMS CASINO RESORT 10.1.15
PHOTOG: ERIN OROZCO
17
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your Business-to-business news
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Calendar of events Thursday, Oct. 22 Las Vegas Hospitality Association luncheon Time: 11:30 a.m.-1 p.m. Cost: $45 for members, $60 for nonmembers Location: Linq Hotel, 3535 Las Vegas Blvd. South, Las Vegas Information: Visit mylvha.org A panel discussion with industry leaders about what attracts businesses to Las Vegas. Clark County Bar Association luncheon Time: Noon-1 p.m. Cost: $35 for members, $40 for nonmembers Location: Cili Restaurant at Bali Hai Golf Course, 5160 Las Vegas Blvd. South, Las Vegas Information: Call 702-387-6011 The featured speakers will be Nevada Court of Appeals Chief Judge Michael Gibbons, Judge Abbi Silver and Judge Jerome Tao.
Friday, Oct. 23 Federalist Society luncheon Time: 11:45 a.m. Cost: $50 Location: Fogo de Chao, 360 E. Flamingo Road, Las Vegas Information: Visit fed-soc.org Attorney General Adam Laxalt will discuss priorities for his office and his plans to reorganize the office.
Tuesday, Oct. 27 BOMA monthly breakfast meeting Time: Registration begins 7 a.m. Cost: $35 for members with advance registration, $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: Email bomanevada@bomanevada. org Las Vegas Mayor Carolyn Goodman will give an update on the state of the city. Institute of Management Accounts: “Becoming more data driven” Time: Networking begins 5:30 p.m. Cost: $40 for members, $45 for nonmembers, $25 for students Location: Ferraro’s, 4480 Paradise Road, Las Vegas Information: Visit imalvc.com Rick Arpin, senior vice president of MGM Resorts International’s data strategy and arena operations, will discuss the increasing importance of analytics.
Wednesday, Oct. 28 Construction Financial Management Association talk Time: 11:30 a.m. Cost: $30 for members, $40 for nonmembers Location: Lawry’s Prime Rib, 4043 Howard Hughes Parkway, Las Vegas Information: Call 702-493-1066 Political journalist Jon Ralston will discuss politics in Nevada and around the country. Turnaround Management Association: Credit market discussion Time: 5:30-7:30 p.m. Cost: $35 for members, $45 for nonmembers, additional $5 for walk-ins Location: Las Vegas Country Club, 3000 S. Joe W. Brown Drive, Las Vegas Information: Call 702-499-3291 Debt lenders will discuss the trends, challenges and conditions of today’s credit market.
Thursday, Oct. 29 FutuREady Magnet and Industry Tour Time: 8:30-10:30 a.m. Cost: Free Location: Southwest Career and Technical Academy, 7050 W. Shelbourne Ave., Las Vegas Information: Register at magnet.ccsd.net/futuready The Clark County School District and the Las Vegas Global Economic Alliance will highlight career-focused programs with the goal of establishing new workforce pipelines. Members of the business community, educators and the general public are invited to attend. Convention Services Association luncheon Time: 11:15 a.m.-1:30 p.m. Cost: $30 for members, $35 for nonmembers Location: Triple George Grill, 201 N. Third St., Las Vegas Information: Visit conventionservicesassociationlasvegas.org Las Vegas Mayor Carolyn Goodman will speak about the importance of conventions and tourism.
Friday, Oct. 30 Keystone Corp. dinner Time: 5:30 p.m. Cost: $175 per person for dinner only, $300 per person for dinner and a reception; $2,500 for a silver table, $5,000 for a gold table, $7,500 for a platinum table, $10,000 for a diamond table, $15,000 for a keystone table Location: Venetian, 3355 Las Vegas Blvd. South, Las Vegas Information: Call 702-952-2456 Dana Perino, former White House press secretary and co-host of Fox News’ “The Five,” will be the keynote speaker. Mary Lau, president of the Retail Association of Nevada, will receive an Economic Freedom Award.
Conventions
expected Show Location Dates attendance
ABC Kids Expo
Las Vegas Convention Center
Oct. 18-21
14,000
LRP Publications - HR Technology Conference
Mandalay Bay
Oct. 18-21
8,000
Technology Services World Conference
Aria
Oct. 19-21
1,000
ISPA Conference & Expo
Mandalay Bay
Oct. 19-21
5,000
ISSA/Interclean North America
Las Vegas Convention Center
Oct. 21-23
18,000
National Industrial Fastener & Mill Supply Expo
Sands Expo & Convention Center
Oct. 21-23
4,500
Live Design International
Las Vegas Convention Center
Oct. 23-25
14,000
Automotive Parts Remanufacturers - Big R ReMaTecUSA
Rio
Oct. 27-Nov. 2
1,500
18
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Records and Transactions BANKRUPTCIES CHAPTER 11 NXXLVL Entertainment Inc. 6671 Las Vegas Blvd. South, Suite 210 Las Vegas, NV 89119 Attorney: Seth D. Ballstaedt at seth@ballstaedtlaw.com Capriati Construction Inc. 1020 Wigwam Parkway Henderson, NV 89074 Attorney: Brandy L. Brown at bbrown@jkunglaw.com K&C LV Investments LLC 2000 E. Cheyenne Ave. North Las Vegas, NV 89030 Attorney: Seth D. Ballstaedt at seth@ballstaedtlaw.com
Bid Opportunities THURSDAY, OCT. 22 3 p.m. ARC for metal Clark County, 603826 Ashley Blanco at ashley.blanco@ clarkcountynv.gov
FRIDAY, OCT. 23 3 p.m. Various current production model utility vehicles Clark County, 603858 Sandra Mendoza at sda@clarkcountynv.gov 3 p.m. Desert tortoise range-wide monitoring Clark County, 603847 Sherry Wimmer at sherryw@ clarkcountynv.gov 3 p.m. Bridge housing program services Clark County, 603796 Chris Russo at chrisr@clarkcountynv.gov
BROKERED TRANSACTIONS SALES $7,500,000 for 33,162 square feet, retail 11041 S. Eastern Ave., Henderson 89052 Seller: Maryland and Eastern 1, 2, 3, 4, 5 and 6, LLC Seller agent: Tom Naseef and Jeff Naseef of Colliers International Buyer: Doug and or Regan Gubler Buyer agent: Greg Pancirov and Mike DeLew of Colliers International $2,000,000 for 4,000 square feet, retail 2795 W. Lake Mead Blvd., North Las Vegas 89032
Seller: Heinrich J. Aberle Seller agent: Charles Connors of Colliers International Buyer: 3G LLC Buyer agent: Did not disclose $1,675,000 for 10 acres, land Hualapai Way and Azure Drive Seller: Jonathan and Julie Bloom Seller agent: Charles Connors of Colliers International Buyer: DR Horton Buyer agent: Did not disclose $1,165,000 for 0.58 acres, industrial 975 White Drive, Las Vegas 89119 Seller: Piper Investments LLP Seller agent: Ben Millis and Chris Beets of Newmark Grubb Knight Frank Buyer: White Airport Drive Ltd. Buyer agent: Mike DeLew of Colliers International $900,000 for 0.61 acres, land 2912 W. Craig Road, North Las Vegas 89032 Seller: Savman Holdings LLC Seller agent: Andrew Fehrman and Jeff Mitchell of Virtus Commercial Buyer: HD West Craig LLC Buyer agent: Did not disclose $800,000 for 15,736 square feet, church 2075 N. Lamb Blvd., Las Vegas 89115 Seller: Heritage United Methodist Seller agent: Matt Feustel of Virtus Commercial Buyer: Centro Cristiano El Shaddai Buyer agent: Matt Feustel of Virtus Commercial $585,000 for 0.38 acres, industrial 949 Empire Mesa Way, Henderson 89011 Seller: Crocker LLC Seller agent: Greg Pancirov, Mike DeLew and Chris LoBello of Colliers International Buyer: 949 Empire Mesa LLC Buyer agent: Did not disclose $460,000 for 0.41 acres, industrial 2829 Synergy St., North Las Vegas 89030 Seller: Synergy Price LLC Seller agent: Greg Pancirov and Mike DeLew of Colliers International Buyer: Walters Electrical Co. LLC Buyer agent: Did not disclose $330,000 for 8 units, multifamily residential 2524 McCarran St., North Las Vegas 89030 Seller: Did not disclose Seller agent: Did not disclose Buyer: Hugo Holdings LLC Buyer agent: Salina Ramirez of Commercial Executives Real Estate Services
LEASES $1,175,084 for 82,190 square feet, industrial for 36 months 4900 Engineers Way, Suite 106, North Las Vegas 89081 Landlord: Golden Triangle Industrial Park LLC Landlord agent: Donna Alderson of CBRE Tenant: The L.D. Kichler Co. Tenant agent: Ben Millis and Chris Beets of Newmark Grubb Knight Frank
BUSINESS LICENSES Dataplus Security License type: Alarm systems Address: 769 Middlegate Road, Henderson Owner: Dataplus Communication Limited David Larson License type: Real estate sales Address: 10000 W. Charleston Blvd., Suite 130, Las Vegas Owner: Larson Realty Group Ltd. David Lawn Services License type: Residential property maintenance Address: Did not disclose, Las Vegas Owner: Juan Velasquez Dianne Z. Romano License type: Real estate sales Address: 9525 Hillwood Drive, Suite 120, Las Vegas Owner: Dianne Z. Romano Dignified Home Loans LLC License type: Mortgage company Address: 701 N. Green Valley Parkway, Suite 200, Henderson Owner: Dignified Home Loans LLC Dreams Carpet Cleaning LLC License type: Residential property maintenance Address: Did not disclose, Las Vegas Owner: Leonor Tapia Duramex Construction Inc. License type: Contractor Address: 1771 E. Flamingo Road, Suite 211A, Las Vegas Owner: Did not disclose Edward D. Jones & Co. LP License type: Solicitor Address: Did not disclose Owner: Edward D. Jones & Co. LP
Owner: Emma Dowdy
Owner: Goldfield Oil Inc.
En Fuego Cigars License type: Retail - cigars Address: 790 Coronado Center Drive, Suite 150, Henderson Owner: En Fuego Henderson LLC
Grape Vine Cafe License type: Restaurant Address: 7501 W. Lake Mead Blvd., Suite 120; 7502 W. Lake Mead Blvd., Suite 120; 7503 W. Lake Mead Blvd., Suite 120, Las Vegas Owner: Syus LLC
Endless Commercial Cleaning License type: Property maintenance Address: 7711 Rye Canyon Drive, Las Vegas Owner: Chong, Ui Song Express Check Cashing License type: Finance company Address: 742 S. Boulder Highway, Suite C8, Henderson Owner: L.O.I. Nevada LLC Fancy European Bakery License type: Food services or cafe Address: 420 S. Rampart Blvd., Suite 150, Las Vegas Owner: Hristov Inc. Fiesta Henderson Stadium License type: Liquor on-sale Address: 777 W. Lake Mead Parkway, Henderson Owner: Regal Cinemas Inc. Fire And Safety Technicians LLC License type: Contractor Address: 280 W. Rochell Drive, Henderson Owner: Fire And Safety Technicians LLC Firehouse Subs License type: Restaurant Address: 6171 N. Decatur Blvd., Suite 170, Las Vegas Owner: Rice/215 1044 FHS LLC Focus Travel Services LLC License type: Travel or ticket agency Address: 1285 Echo Wind Ave., Henderson Owner: Focus Travel Services LLC GIS Engineering License type: Professional services Address: 6465 W. Sahara Ave., Suite 102, Las Vegas Owner: Jeffery J. Jensen Glass Doctor Henderson License type: Full-service glass company Address: 600 W. Sunset Road, Suite 105, Henderson Owner: Intelligent Minds LLC
EGS Financial Care Inc. License type: Management or consulting service Address: 6320 S. Pecos Road, Las Vegas Owner: Ignazio A. LĂľabbate
Goin Postal License type: General services counter/office Address: 6955 N. Durango Drive, Suite 1115, Las Vegas Owner: Aim High Marketing Solutions LLC
Emma Dowdy License type: Real estate sales Address: 777 N. Rainbow Blvd., Suite 120, Las Vegas
Goldfield Oil Corporation License type: Address: 1481 W. Warm Springs Road, Suite 138, Henderson
Green Valley Ranch Stadium 10 License type: Liquor on-sale Address: 2300 Paseo Verde Parkway, Henderson Owner: Regal Cinemas Inc. Guardian Angel Home Helper Services License type: Residential homecare provider Address: 2980 S. Rainbow Blvd., Las Vegas Owner: Guardian Angel Services LLC Guardian Angel Marketing & Consulting License type: Management or consulting service Address: 2980 S. Rainbow Blvd., Las Vegas Owner: Guardian Angel Services LLC Hanson’s Water Treatment License type: Contractor Address: 3870 W. Ali Baba Lane, Las Vegas Owner: Commercial Water Treatment Corp. Havi Mandell Art License type: Artist Address: 1229 S. Casino Center Blvd., Las Vegas Owner: Havi B. Mandell Healthcare Partners Medical Group Town Center License type: Professional services - medical Address: 653 N. Town Center Drive, Suite 306, Las Vegas Owner: Healthcare Partners Medical Group Ltd. Hero Bail Bonds License type: Bail bond agency Address: 117 Gass Ave., Las Vegas Owner: John E Caruso High Energy Electric License type: Contractor Address: 18 W. Mayflower Ave., North Las Vegas Owner: Cortney Enterprises Inc. HKA Elevator Consulting Inc. License type: Consultant Address: 3765 E. Sunset Road, Suite B5, Las Vegas Owner: HKA Elevator Consulting Inc. Infrastructure Quality Consulting LLC License type: Professional services Address: 4480 W. Hacienda Ave., Suite 109, Las Vegas Owner: Jonah Dominek
19
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Records and Transactions Isabela’s Seafood, Tapas & Grill License type: Restaurant Address: 2620 Regatta Drive, Suite 111; 2620 Regatta Drive, Suite 119; 2620 Regatta Drive, Suite 114, Las Vegas Owner: Lakeside Trifecta LLC J or J Welder LLC License type: Nonfarm product vendor Address: 302 S. Rampart Blvd., Las Vegas Owner: Jose Hernandez Jacqulyn License type: Independent massage therapist Address: 10491 Brown Wolf St., Las Vegas Owner: Jacqulyn Martinez Jason Strodl Adapture License type: Contractor Address: 817 S. Main St., Las Vegas Owner: Jason Strodl Architect Jazmin Professional Cleaning License type: Repair and maintenance Address: 4983 Novato Circle, Las Vegas Owner: Jazmin Rios Jelly Factory License type: Nonfarm product vendor Address: 1600 N. Rampart Blvd., Las Vegas Owner: Thomas Osbeck John Steven Nelson License type: Real estate sales Address: 7181 N. Hualapai Way, Suite 135, Las Vegas Owner: John S. Nelson
BUILDING PERMITS
$489,066, commercial - alteration 6390 N. Decatur Blvd., North Las Vegas LM Construction Co. LLC
$198,306, single-family residential - production 321 Elder View Drive, Las Vegas Greystone Nevada LLC
$466,345, commercial - alteration 4100 Lone Mountain Road, North Las Vegas Mesa Energy Systems Inc.
$196,416, Office 60 Corporate Park Drive, Henderson SIB Properties LLC
$318,948, wall/fence 7141 N. Shaumber Road, Las Vegas Hirschi Masonry LLC
$196,197, single-family residential - production 322 Elder View Drive, Las Vegas Greystone Nevada LLC
$292,936, single-family residential - production 9811 Blistering Sun Ave., Las Vegas Richmond American Homes Nevada
$194,684, residential - production 2923 Edgemont Ave., Henderson Magnum Contracting LLP
$285,480, roof-mounted photovoltaic system 2451 Ernest May Lane, Las Vegas SolarCity Corp. $250,000, fence 3636 Fuselier Drive, North Las Vegas Frehner Masonry Inc. $241,420, solar 6232 Sun Seed Court, North Las Vegas SolarCity Corp. $236,823, single-family residential - production 12030 Vento Forte Ave., Las Vegas Toll South LV LLC $231,836, residential - production 2932 Richmar Ave., Henderson Sandmark Holdings LLC $218,972, residential - model 3062 Deruta Ave., Henderson Pardee Homes Nevada
$1,590,000, commercial 700 Fremont St., Las Vegas CG&B Enterprises Inc.
$213,205, residential - custom 1101 Harwood Hills Court, Henderson DR Horton Inc.
$1,148,100, tenant improvement - offices 2650 N. Tenaya Way, Las Vegas Kittrell Johnson Contractors LLC
$211,711, single-family residential production 327 Elder View Ave., Las Vegas Greystone Nevada LLC
$656,694, residential - custom 460 St. Moritz Drive, Henderson Eric John Worre and Marina Worre
$211,711, single-family residential production 316 Elder View Drive, Las Vegas Greystone Nevada LLC
$625,268, commercial - new 2650 Nature Park Drive, North Las Vegas Master Built Construction LLC $540,000, tenant improvement - store 10250 W. Charleston Blvd., Las Vegas DVP Professional Builders LLC $506,227, commercial - new 2620 Nature Park Drive, North Las Vegas Master Built Construction LLC
$211,007, single-family residential - production 328 Elder View Drive, Las Vegas Greystone Nevada LLC $208,214, residential - model 3070 Deruta Ave., Henderson Pardee Homes Nevada $199,999, tenant improvement professional office 1661 W. Horizon Ridge Parkway, Suite 250, Henderson Sunshine Horizon LLC
$194,684, residential - production 2928 Richmar Ave., Henderson Sandmark Holdings LLC $191,415, Sign 6050 N. Decatur Blvd., North Las Vegas Vision Sign Inc. $189,961, Disaster 3600 Briarglen Lane, Las Vegas Har Bro Construction & Consultant $187,647, single-family residential - production 310 Rezzo St., Las Vegas Pulte Homes of Nevada $185,647, single-family residential - production 328 Rezzo St., Las Vegas Pulte Homes of Nevada $185,647, single-family residential - production 306 Rezzo St., Las Vegas Pulte Homes of Nevada $184,981, residential - model 144 Clouded Ave., Henderson PN II Inc. $181,244, single-family residential - production 12109 Paseo Terraza Lane, Las Vegas Woodside Homes of Nevada LLC $178,549, residential - production 225 Glen Lee St., Henderson DR Horton Inc. $175,399, residential - new 4412 Hatch Bend Ave., North Las Vegas KB Home Nevada Inc.
Ryland Homes
Nevada
$168,721, single-family residential - production 390 Capistrano Vistas St., Las Vegas Ryland Homes
$138,306, single-family residential - production 9515 Harlan Hills Court, Las Vegas Richmond American Homes of Nevada
$167,685, single-family residential - production 12275 Lorenzo Ave., Las Vegas Pulte Homes of Nevada
$136,906, residential - model 148 Clouded Ave., Henderson PN II Inc.
$167,685, single-family residential - production 12224 Lorenzo Ave., Las Vegas Pulte Homes of Nevada $167,680, residential - production 221 Glen Lee St., Henderson DR Horton Inc. $167,459, residential - production 220 Glen Lee St., Henderson DR Horton Inc. $165,795, residential - production 337 Values Circle, Henderson Woodside Homes of Nevada LLC $162,634, residential - model 140 Clouded Ave., Henderson PN II Inc. $158,404, residential - new 5712 Sagamore Canyon St., North Las Vegas J.F. Shea Co. Inc. $151,377, single-family residential - production 8105 Skye Wolf Court, Las Vegas Woodside Homes of Nevada LLC $150,000, gate 626 W. Washburn Road, North Las Vegas Gate Access Services $147,940, residential - production 1110 N. Water St., Henderson Richmond American Homes Nevada $143,061, residential - production 243 Harwood Heights Court, Henderson DR Horton Inc. $143,061, residential - production 245 Harwood Heights Court, Henderson DR Horton Inc.
$136,906, residential - production 923 Harbor Ave., Henderson KB Home LV Pearl Creek LLC $134,760, single-family residential - production 67 Berneri Drive, Las Vegas Pulte Homes of Nevada $134,760, single-family residential - production 68 Berneri Drive, Las Vegas Pulte Homes of Nevada $134,760, single-family residential - production 48 Berneri Drive, Las Vegas Pulte Homes of Nevada $134,743, residential - production 247 Harwood Heights Court, Henderson DR Horton Inc. $134,743, residential - production 251 Harwood Heights Court, Henderson DR Horton Inc. $132,996, single-family residential - production 10725 Red Badge Ave., Las Vegas Ryland Homes $132,796, single-family residential - production 47 Berneri Drive, Las Vegas Pulte Homes of Nevada $132,796, single-family residential - production 55 Berneri Drive, Las Vegas Pulte Homes of Nevada $132,796, single-family residential - production 52 Berneri Drive, Las Vegas Pulte Homes of Nevada
$140,924, single-family residential - production 11817 Tavema Ave., Las Vegas Pulte Homes of Nevada
$128,880, residential - new 5017 Cassia Tree Court, North Las Vegas Berg Builders
$169,621, residential - production 2127 Emyvale Court, Henderson KB Home Inspirada LLC
$140,919, single-family residential - production 12250 Argent Bay Ave., Las Vegas KB Home Nevada Inc.
$128,880, residential - new 5021 Cassia Tree Court, North Las Vegas Berg Builders
$168,721, single-family residential - production 362 Capistrano Vistas St., Las Vegas
$138,815, single-family residential - production 9519 Harlan Hills Court, Las Vegas Richmond American Homes of
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$169,843, residential - model 3078 Deruta Ave., Henderson Pardee Homes Nevada
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22
vegas inc
your Business-to-business news
oct. 18 - oct. 24
Send your business-related information to news@vegasinc.com
The List
Category: trade and professional organizations (Ranked by number of member businesses as of Aug. 30)
Company
Members
Who can join?
Annual dues
Top executive
Greater Las Vegas Association of Realtors 1750 E. Sahara Ave. Las Vegas, NV 89104 702-784-5000 • lasvegasrealtor.com and homelasvegas.com
12,500+
Realtors and affiliate members
Varies
Michele Caprio, CEO
2
Better Business Bureau of Southern Nevada 6040 S. Jones Blvd. Las Vegas, NV 89118 702-320-4500 • bbb.org/southern-nevada
2,700
Any business that is properly licensed and more than a year old
$450/year
George Cartwright, president, CEO
3
Nevada Restaurant Association 1500 E. Tropicana Ave. Las Vegas, NV 89074 702-878-2313 • nvrestaurants.com
1,500
Any business in the restaurant or allied service sector
Varies
Katherine Jacobi, CEO, president
4a
CAI - Nevada 9171 W. Flamingo Road, Suite 100 Las Vegas, NV 89147 702-648-8408 • cai-nevada.org
1,100
Anyone
$120-$565
Mary Rendina, executive director
4b
Henderson Chamber of Commerce 590 S. Boulder Highway Henderson, NV 89015 702-565-8951 • hendersonchamber.com
1,100
Any business
$290-$1,250/ year
Scott Muelrath, executive director
6
Las Vegas HEALS P.O. Box 80808 Las Vegas, NV 89180 702-952-2477 • lasvegasheals.org
650+
Health care professionals and organizations
$150-$2,500/ year
Douglas T. Geinzer, executive director
7
Las Vegas Hospitality Association P.O. Box 98346 Las Vegas, NV 89193 702-579-1513 • mylvha.org
560
Businesses that are directly related to convention and/or tourism and hospitality in Las Vegas
$125/year
Cyndi Martin, president
8
The Associated General Contractors Las Vegas and 500 Nevada Contractors Association 150 N. Durango Drive, Suite 100 Las Vegas, NV 89145 702-796-9986 • agclv.org and nevadacontractors.org
Developers, general contractors, subcontractors, suppliers and professional service firms related to the construction industry
$750+/year
Sean Stewart, executive director
9
Nevada Professional Facility Managers Association P.O. Box 97993 Las Vegas, NV 89193 702-798-5156 • npfma.com
360
Facility-management professionals, chief engineers and educators at properties including Strip hotels, hospitals, universities, along with supporting vendors and affiliates
Varies
Did not disclose
U.S. Green Building Council Nevada 6795 Edmond St., Suite 331 Las Vegas, NV 89118 702-952-2468 • usgbcnv.org
340
Anyone
Varies
Kelly Thomas, director
11a
Nevada Hotel and Lodging Association 2850 W. Horizon Ridge Parkway, Suite 200 Henderson, NV 89052 702-878-9272 • nvhotels.com
200
Lodging properties, industry vendors
Varies
Diane Gandy, president
11b
Henderson Nevada Historical Society 121 S. Water St. Henderson, NV 89015 702-568-1088 • hendersonhistoricalsociety.org
200
Anyone
Varies
Lou La Porta, executive director
13
Nevada Self Storage Association P.O. Box 94795 Las Vegas, NV 89193 702-952-2455 • nvssa.org
150
Self-storage owner operators and their supporting vendors and associates
$200-$250/ year
Katrina Bruce, executive director
14
Association of Gaming Equipment Manufacturers P.O. Box 50049 Henderson, NV 89016 702-812-6932 • agem.org
143
Manufacturers, suppliers and supporters of gaming products and technology
$1,000$10,000/year
Marcus Prater, executive director
1
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.
23
vegas inc
your Business-to-business news
oct. 18 - oct. 24
Send your business-related information to news@vegasinc.com
The List
Category: trade and professional organizations (Ranked by number of individual members as of Aug. 30)
Company
Members
Who can join?
Annual dues
Top executive
Greater Las Vegas Association of Realtors 1750 E. Sahara Ave. Las Vegas, NV 89104 702-784-5000 • lasvegasrealtor.com and homelasvegas.com
12,500+
Realtors and affiliate members
Varies
Michele Caprio, CEO
2
The Social Register of Las Vegas 6787 W. Tropicana Ave., Suite 255 Las Vegas, NV 89103 702-256-0123 • socialregister.com
2,400
Top executives and business owners
$495-$7,500
Clair Zeto, CEO
3
Clark County Bar Association 717 S. Eighth St. Las Vegas, NV 89101 702-387-6011 • clarkcountybar.org
1,650
Attorneys, judges, legal Up to $175/ year assistants, legal administrators, legal secretaries, law students and merchants
4
Clark County Medical Society 2590 E. Russell Road Las Vegas, NV 89120 702-739-9989 • clarkcountymedical.org
1,500+
Physicians, physician assistants, residents and medical students
$860/year
Loretta Moses, executive director
5
Nevada Restaurant Association 1500 E. Tropicana Ave. Las Vegas, NV 89074 702-878-2313 • nvrestaurants.com
1,500
Any business in the restaurant or allied service sector
Varies
Katherine Jacobi, executive director
6
CAI Nevada Chapter 9171 W. Flamingo Road, Suite 100 Las Vegas, NV 89147 702-648-8408 • cai-nevada.org
1,100
Anyone
$120-$565
Mary Rendina, executive director
7
Las Vegas HEALS P.O. Box 80808 Las Vegas, NV 89180 702-952-2477 • lasvegasheals.org
650+
Health care professionals and organizations that support health care
$150-$2,500/ year
Douglas T. Geinzer, executive director
8
Las Vegas Hospitality Association P.O. Box 98346 Las Vegas, NV 89193 702-579-1513 • mylvha.org
560+
Businesses that are directly related to convention and/or tourism hospitality in Las Vegas
$125/year
Cyndi Martin, president
9
The Associated General Contractors Las Vegas and Nevada Contractors Association 150 N. Durango Drive, Suite 100 Las Vegas, NV 89145 702-796-9986 • agclv.org and nevadacontractors.org
500
Architects, engineers, general contractors and construction managers at risk
$750+/year
Sean Stewart, executive director
10a
Nevada Professional Facility Managers Association P.O. Box 97993 Las Vegas, NV 89193 702-798-5156 • npfma.com
360
Varies Facility management professionals, chief engineers and educators at properties including strip hotels, hospitals, universities along with supporting vendors and affiliates
10b
Southern Nevada Home Builders Association 4175 S. Riley St., Suite 100 Las Vegas, NV 89147 702-794-0117 • snhba.com
360
Anyone in the residential construction industry
Varies
Nat Hodgson, executive director
12
U.S. Green Building Council Nevada 6795 Edmond St., Suite 331 Las Vegas, NV 89118 702-952-2468 • usgbcnv.org
340
Anyone
Varies
Kelly Thomas, executive director
13
Commercial Alliance Las Vegas 1750 E. Sahara Ave. Las Vegas, NV 89104 702-784-5019 • calv.org
330
Commercial real estate professionals, Realtors and non-Realtors
$200/year
Michele Caprio, CEO; Bobbi Miracle, president
14
IREM Las Vegas Chapter 99 P.O. Box 96445 Las Vegas, NV 89193 702-878-0959 • lasvegasirem.org
210
property managers, industry support partners
Varies
Christopher McGary, executive director
1
Donna Wiessner, executive director
Did not disclose
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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