v e g a s i n c . c o m | N o v e m b e r 1 5 - 2 1, 2 0 1 5
YOUR NAME HERE
What’s in a name?
Before hiring a law firm, consumers may make some value judgments based solely on the letterhead By David Davis | special to vegas inc
Traditional law firm names often are as straightforward as business titles get. ¶ They simply identify the firm’s current or founding partners — the people who provide the services to clients. ¶ But that’s not always the case in Nevada. And when a firm’s name isn’t a string of surnames, knowing who is working for you can get complicated. law firm names, Continue d on page 15
$1,000
Amount in gift cards and vouchers Volkswagen diesel and Audi owners in the United States will receive as the automaker tries to placate customers upset over an emissions-rigging scandal. Volkswagen has not yet released a fix for the vehicles.
25% Drop in Tesla’s stock price in recent months after a summertime high of $280 per share.
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VEGAS INC NOV. 15 - NOV. 21
CONTENTS PUBLISHER Donn Jersey (donn.jersey@gmgvegas.com)
EDITORIAL
NOTEWORTHY STORIES
06 09 18 Q&A WITH STEVEN HOLLINGWORTH
A tax attorney and partner at Solomon Dwiggins & Freer talks about the growing number of nonprofits, his appreciation for the work they do and the importance of being prepared. THE NOTES Southern Nevada lawyers named to the Best Lawyers in America list for 2016, P6 People on the move, P5
CEO: LAS VEGAS IS KEY IN FUTURE OF 3-D CAR COMPANY
DATA AND PUBLIC INFORMATION A listing of local bankruptcies, bid opportunities, brokered transactions, business licenses and building permits.
Local Motors’ John Rogers discusses his vision for Southern Nevada as a destination for industrial tourism and the misconceptions about 3-D printed cars, including safety concerns. TALKING POINTS Party like your lawyer, not like a rock star, P7
MORE VEGAS INC BUSINESS NEWS Calendar: Happenings and events, P17 The List: Banks and thrifts, P22
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VINTAGE VEGAS: DUNES AT THE HEART OF THE STRIP The Dunes Casino and Hotel was billed as the world’s most luxurious hotel when it opened in 1955. During its heyday, the property was a hot spot for socialites, celebrities and mafia bosses. Pictured here are players placing bets at one of the hotel’s roulette tables on Oct. 18, 1977. The property eventually was acquired by Steve Wynn and was imploded in 1993 to make way for a megaresort — the Bellagio. — REBECCA CLIFFORD-CRUZ
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VEGAS INC nov. 15 - nov. 21
law quarterly Send your business-related information to news@vegasinc.com
2016 best lawyers in America The list of Best Lawyers in America for 2016 includes the following from Southern Nevada, listed in alphabetical order by firm: Alverson Taylor Mortensen & Sanders n J. Bruce Alverson, personal injury litigation - defendants - product liability, product liability litigation - defendants
LeAnn Sanders, medical malpractice law-defendants - personal Injury
n
n
Eric K. Taylor, commercial litigation - construction
n
Michael E. Buckley, real estate law
n Chris H. Byrd, construction law, litigation - construction n Douglas M. Cohen, personal injury litigation - plaintiffs
Thomas H. Fell, bankruptcy and creditor debtor rights/insolvency and reorganization law
n
n
Lynn S. Fulstone, health care law
n Gary R. Goodheart, bet-the-company litigation, commercial litigation, litigation - banking and finance, litigation - real estate
Bailey Kennedy
Samuel S. Lionel, bet-the-company litigation, commercial litigation, corporate law
n John R. Bailey, commercial litigation, health care law, litigation - health care
n
John H. Mowbray, commercial litigation
n
Wilbur M. Roadhouse, real estate law
n
James L. Wadhams, government relations
n
Joshua M. Dickey, appellate practice
n Mark H. Goldstein, real estate law - administrative, business, commercial, conveyance, development, finance, industrial, shopping center transactions, tax certiorari, transactions, uniform commercial code n Dennis L. Kennedy, appellate practice, bet-the-company litigation, commercial litigation - mass tort, ethics and professional responsibility law, health care law
n
Jeffrey P. Zucker, Fennemore Craig, corporate governance law, corporate law, real estate law n
Fisher & Phillips n
Scott M. Mahoney, litigation - labor and employment
Mark J. Ricciardi, labor law - management, litigation - labor and employment n
brownstein hyatt farber shreck n
David R. Arrajj, gaming law
n
Andrew S. Brignone, litigation - ERISA
Albert Z. Kovacs, business organizations (including LLCs and partnerships), corporate law, mergers and acquisitions law n
Kirk B. Lenhard, bet-the-company litigation, commercial litigation
n
n
Angela Turriciano Otto, real estate law
n
Tamara Beatty Peterson, commercial litigation
n
Frank A. Schreck, gaming law
n
Ellen L. Schulhofer, corporate law
n
Adam P. Segal, litigation - ERISA
n
Sonia Church Vermeys, corporate law
Campbell & Williams
Garman Turner Gordon n Gregory E. Garman, bankruptcy and creditor debtor rights/insolvency and reorganization law Chapter 12, commercial, creditors’ rights, debtors’ rights, litigation, real estate, workouts and restructurings, litigation - bankruptcy n Gerald M. Gordon, bankruptcy and creditor debtor rights/insolvency and reorganization law n
Christine A. Murphy, real estate law
William M. Noall, bankruptcy and creditor debtor rights/insolvency and reorganization law - Chapter 12, commercial, committee representation, creditors’ rights, debtors’ rights, foreclosures, liquidations, litigation, out-of-court workouts, trustee representation, workouts and restructurings, litigation - bankruptcy
n
Erika Pike Turner, commercial litigation
n John C. Jeppsen, mergers and acquisitions law transactions n James S. Mace, land-use and zoning law, real estate law n Edward J. Quirk, copyright law, patent law, trademark law n Eric n
W. Swanis, commercial litigation
Gregg R. Vermeys, real estate law - transactions
Hartwell Thalacker, Ltd. n
Doreen Spears Hartwell, commercial litigation
n Laura J. Thalacker, employment law - management, labor law - management, litigation - labor and employment n Mark G. Tratos, copyright law, litigation - intellectual property, trademark law
Holland & Hart n
Phil J. Dabney, construction law
n Lance C. Earl, banking and finance law, commercial-finance law, real estate law
Edward M. Garcia, government relations practice, land use and zoning law
n
J. Stephen Peek, bet-the-company litigation, commercial litigation
n
n Patrick
J. Reilly, commercial litigation
Howard & Howard n
Thomas W. Davis II, commercial litigation
n
Gwen Rutar Mullins, construction law
n Robert L. Rosenthal, employment law - management, labor law - management, litigation - labor and employment
Hutchison & Steffen n
Mark Hutchison, commercial litigation
Jackson Lewis n Veronica Arechederra Hall, employment law management - defense
Donald J. Campbell, bet-the-company litigation, commercial litigation, criminal defense - white-collar
Gentile, Cristalli, Miller, Armeni, Savarese
Gary C. Moss, employment law - management, labor law - management, litigation - labor and employment
n J. Colby Williams, bet-the-company litigation, commercial litigation, litigation - First Amendment
n Dominic P. Gentile, criminal defense - nonwhitecollar, criminal defense - white-collar
n Paul T. Trimmer, employment law - management, litigation - labor and employment
Dickinson Wright
Greenberg Traurig
n Elayna J. Youchah, employment law - management, labor law - management, litigation - labor and employment
n
n
n
Jennifer Ko Craft, trademark law
Michael N. Feder, commercial litigation, litigation banking and finance, litigation - intellectual property n
n
Gregory R. Gemignani, IT outsourcing law
n
John L. Krieger, trademark law
Jeffrey A. Silver, administrative/regulatory law liquor, regulatory, gaming law-administrative, casino, Internet casino law, licensing, land use and zoning law - administrative, land use, zoning n
Durham Jones & Pinegar
n Michael J. Bonner, corporate law - closely held businesses, corporate compliance, corporate finance, corporate governance, general corporate, IPO, mergers and acquisitions, publicly held companies, securities, transactions, venture capital, gaming law - administrative, business transactions, casino, licensing, mergers and acquisitions
John N. Brewer, corporate law - corporate compliance, corporate finance, corporate governance, general corporate, limited liability companies, publicly held companies, transactions
n
n
Jeffrey Burr n
Kamer Zucker Abbott n Scott M. Abbott, employment law - management, labor law - management, litigation - labor and employment n Bryan J. Cohen, employment law - management, labor law - management, litigation - labor and employment
n
Mark A. Clayton, gaming law
n
Kim Boyer, elder law
n
Lance Coburn, commercial litigation
Craig S. Newman, commercial litigation
n
n
n
Tami D. Cowden, appellate practice
n
n
Richard G. Barrier, business organizations
Mark E. Ferrario, commercial litigation, litigation - banking and finance, litigation - construction, litigation - labor and employment, litigation - real estate
n
Joseph W. Brown, government relations practice
n
Fennemore Craig
Richard H. Bryan, government relations practice, land use and zoning law
n
n
Jodi R. Goodheart, real estate law
n Philip M. Hymanson, commercial litigation, litigation - real estate
Jeffrey Burr, tax law, trusts and estates
R. Todd Creer, employment law - management
Jody M. Florence, employment law - management, labor law - management, litigation - labor and employment
n Gregory J. Kamer, employment law - management, labor law - management, litigation - labor and employment n
Edwin A. Keller, Jr., employment law - manage-
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VEGAS INC
law quarterly
nov. 15 - nov. 21
Send your business-related information to news@vegasinc.com
ment, labor law - management, litigation - labor and employment n
Jen J. Sarafina, labor law - management
Carol Davis Zucker, employment law - management, labor law - management, litigation - labor and employment n
Kemp, Jones & Coulthard n William L. Coulthard, commercial litigation, litigation - construction, litigation - land use and zoning, litigation - real estate n J. Randall Jones, bet-the-company litigation, commercial litigation, litigation - construction, litigation - land use and zoning, litigation - real estate n
Mark M. Jones, commercial litigation
n Will Kemp, bet-the-company litigation, commercial litigation, litigation - construction, litigation land use and zoning, litigation - real estate, personal injury litigation - plaintiffs
Littler Mendelson n Roger Grandgenett II, employment law - management
Patrick H. Hicks, employment law - management, litigation - labor and employment n
n Rick D. Roskelley, employment law - management, labor law - management
Marquis Aurbach Coffing Phillip S. Aurbach, arbitration, litigation - real estate n
n Terry A. Coffing, commercial litigation, First Amendment law, litigation - real estate n
Avece Higbee, real estate law
n
Albert G. Marquis, real estate law
Maupin Naylor Braster, Attorneys at Law
Nile Leatham, banking and finance law, bankruptcy and creditor debtor rights/insolvency and reorganization law, commercial litigation n
Robert F. List, government relations
Law Offices of Brian C. Padgett Brian C. Padgett, eminent domain and condemnation law n
Law Offices of John K. Maloney n
John K. Maloney, gaming law
Lewis Roca Rothgerber n
W. West Allen, trademark law
n
Anthony N. Cabot, gaming law, IT law
Howard E. Cole, employment law - management, labor law - management, litigation - labor and employment Von S. Heinz, commercial litigation, ERISA, labor and employment n
Scott Y. MacTaggart, corporate law
Michael J. McCue, copyright law, patent and trademark law n
Daniel F. Polsenberg, appellate practice, bet-thecompany, commercial n
n Layne T. Rushforth, litigation - trusts and estates, nonprofit/charities law, trusts and estates - estate planning, family businesses, fiduciary duties, litigation, probate, succession planning, trust administration
Santoro Whitmire Ltd. n Nicholas J. Santoro, bet-the-company litigation, commercial litigation - business disputes, civil litigation, complex litigation, covenants not to compete, fiduciary duties, partnership disputes n
James E. Whitmire, commercial litigation
Snell & Wilmer n
Robert C. Anderson, corporate law, tax law
A. William Maupin, commercial litigation
n
Gregory A. Brower, commercial litigation
n
John M. Naylor, commercial litigation
n
C. Thomas Burton, Jr., corporate law
n Patrick G. Byrne, legal malpractice law – defendants
Nutile law n
Maria Nutile, health care law
Oshins & Associates n Steven J. Oshins, tax law - business and succession planning, community property, family businesses, income tax, limited liability companies, partnership, tax planning, trusts and estates, trusts and estates - asset protection, corporate, estate planning, gift planning, planning for closely held businesses, probate, succession planning, tax, trust administration n Richard A. Oshins, tax law - business and succession planning, tax planning, trusts and estates, wealth management, trusts and estates - estate planning, family businesses, gift planning, planning for closely held businesses, succession planning
n
n
Rushforth Firm
n
Kolesar & Leatham n
consular, employer sanctions, employment, entrepreneurial, labor, nationality
Pisanelli Bice n Todd Bice, appellate practice, commercial litigation, litigation - First Amendment, litigation - land use and zoning, litigation - mergers and acquisitions n James Pisanelli, bet-the-company litigation, commercial litigation, construction law, litigation construction and litigation - real estate n
Debra Spinelli, commercial litigation
n
Jordan Smith, appellate practice
n
Karl F. Rutledge, gaming
n
Thomas G. Ryan, commercial
Prudhomme Law Office
n
Dan R. Waite, banking and finance
n
n
Patricia J. Curtis, real estate law
n Suellen Fulstone, litigation - labor and employment, litigation - real estate, litigation and controversy - tax n
Richard C. Gordon, commercial litigation
n Robert R. Kinas, bankruptcy and creditor debtor rights/insolvency and reorganization litigation bankruptcy n Leon F. Mead II, construction law and litigation – construction n Bob L. Olson, bankruptcy and creditor debtor rights/insolvency and reorganization law, litigation bankruptcy
William E. Peterson, administrative/regulatory law, bet-the-company litigation, commercial litigation, energy law, litigation - land use and zoning, litigation - real estate, litigation - regulatory enforcement (SEC, Telecom, energy), litigation - trusts and estates
n
Mandy S. Shavinsky, land use and zoning law, real estate law
n
n
Stephen B. Yoken, construction law, real estate law
Weinberg Wheeler Hudgins Gunn & Dial n
D. Lee Roberts, Jr., litigation - construction
Wright Stanish & Winckler M. Edwin Prudhomme, immigration law - business,
Snell & Wilmer attorney Robin Perkins is secretary of the executive committee of Rebuilding Together Southern Nevada. Perkins’ practice is concenperkins riley alexander trated on business and commercial litigation, with an emphasis on financial services litigation and construction litigation. Karl Riley received the National Bar Association’s 40 Under 40 award. Riley practices commercial litigation, labor and employment, and government relations law. Cynthia Alexander, a partner at the firm and a trustee of the Nevada Bar Foundation, won the Medal of Justice award at the State Bar of Nevada’s annual meeting. Alexander’s practice is concentrated on commercial litigation, with an emphasis on representing financial institutions,
n Richard A. Wright, criminal defense - nonwhitecollar, criminal defense - white-collar
business entities and corporate officers and directors. David Johnson is a partner in trial and gaming law at Duane Morris. He previously was executive vice president, general counsel and secretary of Global Cash Access. Daniel B. Heidtke joined Duane Morris as an associate, with a focus on commercial litigation. Samuel Schwartz and Frank Flansburg III formed the Schwartz Flansburg law firm. Vincent Savarese III is a partner at Gentile Cristalli Miller Armeni & Savarese Attorneys at Law. He has represented clients in pretrial, trial and appellate matters in state and federal criminal defense, constitutional law and federal civil rights litigation for more than 35 years. He also helped found Nevada Attorneys for Criminal Justice. The law firm of Jeffrey Burr launched jeffreyburr.com. The firm focuses on estate planning, trusts, probate, asset protection, guardianship and tax planning.
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VEGAS INC
law quarterly
nov. 15 - nov. 21
Send your business-related information to news@vegasinc.com
by the numbers
$72.5 Million
Amount Eldorado Resorts offered to buy two Reno resorts owned by MGM Resorts International. The Gaming Control Board approved the acquisition, and the transaction will be reviewed by the Nevada Gaming Commission for final consideration.
48
Number of pilots expected to compete in the Xtreme Drone Circuit, a race in which competitors will track drones through goggles that enable them to see from the aircraft’s perspective. The race will take place at 6 p.m. Nov. 15 in the vacant Western Hotel. General admission is free.
$53,000
Anticipated price for a 3-Dconcept car that Phoenixbased Local Motors hopes to make available in 2016.
12
Age of a male bottlenose dolphin at the Mirage’s dolphin habitat that died recently. The death caused an uproar among animal activists, partly because in the wild, dolphins can live for about 50 years.
34.6 acres
Size of the site on which Alon Las Vegas will be built. The plot, where the New Frontier once stood, is just north of Fashion Show mall.
20
Number of veterans North Las Vegas hopes to put to work at any given time as part of an initiative to provide disabled veterans work experience, easing the transition into the civilian workforce.
2
Maximum years of probation a Las Vegas man received for running an illegal online gambling website that used Bitcoins. Bryan Micon also agreed in District Court to pay a $25,000 fine and surrender items to authorities seized.
Q&A with steven hollingworth
Ever-changing tax code ensures ‘my work is never boring,’ tax lawyer says Steven Hollingworth, a partner at the law firm Solomon Dwiggins & Freer, is a tax attorney who advises clients on the tax treatment of settlements and litigation recovery, as well as forming and advising nonprofit organizations. What is your role within Solomon Dwiggins & Freer? I enjoy solving problems involving complex tax issues. I help individuals, businesses and nonprofit organizations with their tax planning and litigation matters. Have you noticed a rise in the number of nonprofits in the valley? There has been a significant increase in the number of nonprofit organizations, not only locally but nationwide. There is certainly no shortage of worthy causes to support. Because I have two autistic children, I am particularly grateful for the local organizations that serve the special-needs community. What is the most challenging part of your job? Tax laws change so frequently that this can consume a significant amount of time. However, the positive side of continuous change is that my work is never boring, at least from my wonkish perspective. What has been the most rewarding part of your job? Steve Hollingworth helps nonprofit organizations obtain I often am called upon to solve the kinds of problems tax-exempt status and avoid unrelated business-taxable that keep people up at night. Much of my time is spent income. (l.e. baskow/staff) negotiating the minefield of the tax code and fixing his biographers rightfully refers to him as the “indistransactions that have gone awry. It is hard work, but it pensable man.” Few political leaders rise to the standard is very rewarding to see the relief on a client’s face after he set. resolving a dispute with the IRS or completing a complicated estate plan. What is your biggest pet peeve? The biggest complaint a tax lawyer can have is being What are you reading right now? brought in at the last second to review a complex trans“The Code of the Woosters,” by P.G. Wodehouse. action, as if tax issues were only an afterthought. It isn’t Wodehouse can spin a tale that will make you laugh out fun taking flak for pointing out major tax problems that loud while reading it — a welcome change after a day can derail a deal. Those problems often can be solved, spent wrestling with the tax code. but it is much easier to deal with them earlier in the process. What do you do after work? I am married with four children ranging from 2 to 18 What is something that people might not know years old, so most of my “free” time already is schedabout you? uled for me. In the few moments I have to myself, I enjoy I love the Bulgarian language, history and culture. learning to play classical guitar. Bulgarian food is the best! Describe your management style. Anything else you want to tell us? I try to treat everyone at the firm as an equal entitled Part of my practice involves cleaning up others’ misto respect. I believe in spreading, rather than hoarding, takes, such as a poorly drafted will, an ambiguous operknowledge, so I am a believer in the importance of trainating agreement, an unreported taxable transaction or ing and mentoring. When people go out of their way to simply the receipt of bad advice. While many of these help me, I try to let them know my appreciation. mistakes can be corrected, it sometimes can be very difficult to do. I wonder how many mistakes could have Whom do you admire and why? been prevented if the person involved picked up the I am a big fan of George Washington. His integrity and phone to discuss the idea with someone who had experilove of country were truly remarkable. At a critical time ence and training in the relevant subjects. As Benjamin in our nation’s history, Washington had the opportunity Franklin wisely said, “An ounce of prevention is worth a to seize power and make himself a dictator for life, but pound of cure.” for the good of the country, he declined to do so. One of
law quarterly 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 Megan Messerly’s lasvegassun. com story “For NLV, electric carmaker Faraday could be deal of a lifetime”: There is a major difference between giving away the store to an American company and giving a Chinese company a big foot in the door to compete against American companies. — MasterBlasterJammin The governor has turned into Oprah: You get a billion, and you get a billion, and you get a billion! What is the limit on the amount of new tax revenue the state is willing to forfeit? — freepress On J.D. Morris’s vegasinc.com story “SLS Las Vegas, Hilton loyalty program no longer affiliated”: It was doomed from the start. Too much of the same old stuff and nothing new to offer the guest to draw them in. — StevenRowles North Strip is going to be the next hot spot. A lot of new projects. SLS needs to hang in there. — MarkViguri1 On Daniel Rothberg’s vegasinc.com story “Western Hotel will buzz again — as site of drone competition”: Give them credit for the creativity, but this sounds like a shortterm offset for the property taxes. — Testigo_Tortuga
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VEGAS INC nov. 15 - nov. 21
Party like your lawyer, not like a rock star
T
guest column: before prohibiting social media activity. he season for company holiday shannon pierce parties is approaching. n Getting into the spirits. While And since no good deed goes celebrating with a toast is a fond tradition, unlitigated, so, too, is the season serving alcohol may bring risk. Since alcohol for the employee claims that often arrive loosens inhibitions, companies that serve shortly thereafter. alcohol risk employees engaging in inappropriate behavior. Businesses should not lose sight of regulations that If alcohol is served at the party, consider taking precautions, apply to company-sponsored events, even social functions. such as choosing a time or location that discourages excessive Company officials should plan each holiday party in detail. consumption, hiring a professional bartender to assess intoxication levels, limiting consumption through drink n Dress up your policies. Before the party, review vouchers or limiting beverage selections. Companies also may personnel policies to ensure they are up to date. Given the want to provide transportation to limit driving after drinking. number of claims filed after the holiday season, now is the time to ensure your company’s policies comply with n To give or not to give. Many of us have witnessed the ever-changing guidance from the Equal Employment scene: A supervisor, trying to be funny, gives a sexually Opportunity Commission, the National Labor Relations explicit gift that makes others uncomfortable. Or a colleague Board and other agencies. Managers also should remind gives a lavish gift that is interpreted as unwelcome romantic employees to conduct themselves in compliance with these attention. The fact is gifts can go awry and become part of an policies. Setting expectations for the party ahead of time employee’s harassment claim. Companies should insist that may help minimize inappropriate behavior. all gifts be professional and appropriate. n Pick the right theme. Characterize the event as a n Wear your best “HR” hat. Instruct salaried managers “holiday party” to avoid allegations of discrimination. to keep a watchful eye during the party. If at any point someone observes inappropriate conduct, designated n When Facebook crashes your party. Even when managers should intervene and end the behavior. done with good intentions, instructing employees not to post company party photos online may violate the National n Give yourself a gift, too. Just to be safe, ensure that Labor Relations Act, especially if the employee posts about your company’s workers’ compensation, employment something construed as “working conditions.” While practices liability and other insurance policies are up to date. companies can prevent the dissemination of confidential Shannon Pierce is an employment and commercial litigation information, company officials should consult with counsel attorney at Fennemore Craig.
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.
8
VEGAS INC nov. 15 - nov. 21
law quarterly Send your business-related information to news@vegasinc.com
Group asks feds to investigate Adelson, Sands By j.d. morris Staff Writer
The stalled Fontainebleau project on the north Strip was purchased out of bankruptcy for about $150 million more than five years ago. (steve marcus/staff file)
Fontainebleau for sale: $650 million By j.d. morris Staff Writer
The unfinished Fontainebleau resort, which has sat idly on the north Strip for years, is for sale. The commercial real estate firm CBRE announced last week that it listed the Fontainebleau, which sits on more than 22 acres on the east side of Las Vegas Boulevard South near Circus Circus and the shuttered Riviera. The mothballed project has made no substantial progress since billionaire investor Carl Icahn bought it out of bankruptcy for about $150 million more than five years ago. John Knott, executive vice president of CBRE Las Vegas, said in an interview that the firm expected a buyer to pay about $650 million for the Fontainebleau land and structure, though the final amount could be a bit higher or lower. “It’s not an official asking price per se, but we’ve gone through and done the analysis and certainly that seems well within the confines of good taste,” he said. “We see that as a reasonable value of what’s there.” The Fontainebleau’s most significant recent update came this month, when the Clark County Zoning Commission voted to require it to install a fabric-and-paint wrap that would cover exposed incomplete construction work. In its announcement of the listing, CBRE touted Fontainebleau’s proximity to the Riviera, which the Las Vegas Convention and Visitors Authority plans to demolish next year and eventually replace with an expansion of its convention facilities. As for the Fontainebleau structure, CBRE said it leaves room for “flexibility” and “can be reconfigured to meet a new investor’s vision.” The firm’s announcement also highlighted Fontainebleau’s “iconic height” as a selling point: It’s one of the tallest structures in the valley, surpassed only by the Stratosphere for prominence on the Las Vegas skyline.
Fontainebleau presents a huge opportunity for potential buyers — literally. It was originally designed for more than 2,800 hotel rooms and suites, about 930 condominiums, 300,000 square feet of retail, 543,000 square feet of meeting space, 155,000 square feet of gaming space and a 3,200-seat theater, according to CBRE. Michael Parks, first vice president with CBRE Las Vegas, said he anticipates interest from a wide array of buyers, including casino companies, traditional hotel companies and international operators. He also said the eventual buyer would not likely tear down the structure. Knott agreed with that assessment. “The structure has been maintained meticulously. We think someone will use that,” he said. “They may configure it a little differently on the inside than what was originally envisioned, but the structure will stay.” But in a 2010 interview with Reuters, Icahn said Fontainebleau reflected his philosophy of buying properties that no one else wanted. “There’s no question Vegas is pretty stormy right now, but if you buy things when nobody wants them, you just buy them and hope the sun will come out,” Icahn told Reuters. That storm has in many ways subsided in recent years. Las Vegas hotels have generally made significant improvements in average daily room rates and occupancy since the depths of the recession, and the region reported a record number of visitors last year. Gaming revenue on the Strip, while still well below its pre-recession peak, is stronger than it was just a few years ago. And Fontainebleau’s north Strip neighborhood, long known for its vast plots of vacant land and unfinished projects, has started to show signs of life. Most importantly, two big resort projects — Resorts World Las Vegas and Alon Las Vegas — are underway across the street, as is the convention center project at the Riviera site next door.
A self-described watchdog organization wants federal leaders to investigate Las Vegas Sands Corp. and its CEO, Sheldon Adelson, over alleged connections to Chinese organized crime. The Campaign for Accountability this month said it asked two public bodies in Washington, D.C., to look into whether the alleged ties to crime introduce “illegally laun- adelson dered foreign funds” into American politics via campaign contributions. The group claims Adelson, a major Republican donor, and his company maintain business relationships that are associated with organized crime in Macau. Sands spokesman Ron Reese dismissed the campaign’s claims as a political attack. “These tactics were tried and repudiated before,” Reese said. “This is clearly a classic political stunt.” The campaign filed a complaint with the Federal Election Commission and sent a letter to the Senate Committee on Homeland Security and Governmental Affairs. Its exhibits encompass hundreds of pages and include some internal company documents. In the campaign’s statement announcing its actions, Executive Director Anne Weismann referenced Adelson’s sizable wealth and political influence, calling him one of the largest political donors “if not the largest political donor in history.” Adelson reportedly spent at least $100 million to help the Republican Party in the 2012 election. His company owns the Venetian and Palazzo on the Strip but gets most of its revenue from Macau, where it has multiple casinos. “Federal authorities have long been concerned about the reach of the tentacles of Chinese organized crime,” Weismann said in the statement. “If triad money is winding up in the campaign coffers of U.S. politicians through Mr. Adelson’s contributions, the American people deserve to know it.” Macau proved to be a lucrative area for Sands to be involved with in the past, but lately it has been much more challenging for American casino companies with a presence there. The market has experienced 17 consecutive months of year-over-year declines in gaming revenue as the Chinese government’s crackdown on corruption has hurt business from high rollers.
law quarterly Send your business-related information to news@vegasinc.com
9
VEGAS INC nov. 15 - nov. 21
CEO: Las Vegas will play key role in 3-D car company’s future By daniel rothberg Staff Writer
Local Motors, a Phoenix-based startup seeking to shake up mass automotive manufacturing by bringing a 3-D-printed car to market in 2017, has a small factory in downtown Las Vegas and is looking to build a factory about 10 times the size. It has partnered with UNLV, its leadership talks to local transportation leaders and its investors include the Vegas Tech Fund. It’s exploring partnerships with such organizations as MGM Resorts and the Las Vegas Convention and Visitors Authority. This month, the company’s top executives were in Las Vegas at the SEMA Show to unveil a 3-D-printed Local Motors CEO John B. Rogers Jr. sits on the LM3D Swim, the world’s first concept car, a red beach cruiser called road-ready, 3D-printed car, during the SEMA show this month at the Las Vegas the LM3D Swim. The company plans Convention Center. (steve marcus/staff) to begin preselling the car through Do you eventually want ties in Las Vegas. The LVCVA, for ina crowdfunding campaign in the people to come to the stance, could one day purchase a fleet spring, making it available for retail factory to buy the car? of Local Motors vehicles designed in 2016 and delivering the cars in Bottom line: I want people to have for transportation at conventions. It early 2017. That vehicle is expected to an experience from an industrial also sees natural opportunities with start at $53,000. tourism point of view. What is Vegas MGM Resorts, given its interests in Apart from using advanced comlike? What does the tech community Las Vegas and National Harbor. posites, what makes Local Motors look like? And where are those amazVEGAS INC spoke with Local Mounique is how it structures its manuing cars made? And I want as many of tors CEO John B. Rogers Jr. about Las facturing process. Instead of employthem who can do that to buy the car. Vegas and misconceptions about the ing a team of full-time engineers and But we also will (make sales) over the car, including safety concerns. designers, it crowd sources its deInternet, whether it’s with a partner signs from an online community. Inlike Amazon or a partner like Alibaba. Why pick Las Vegas as stead of constructing mass factories, one of your locations? it uses microfactories, shops that are Is your work with LVCVA Forty million people on the Strip. part factory, part showroom and part and MGM Resorts aimed The other thing: Most people don’t dealership. With up to six 3-D printat attracting people? understand, Local Motors is about ers, each small plant will produce Oh yeah. When you think about industrial tourism. The reason is that about 2,400 cars per year (the comwhat we’ve done, we’re here, but today, in order to get industrial tourpany has three microfactories, with we’re also in National Harbor, which ism, you have to go to Germany or another under construction at Nais where MGM is putting up their you go to an Ikea where you’re like: tional Harbor in Maryland). newest casino. And we are thinking “That’s wild. That’s what they do Local Motors’ goal: to use crowdbig about what we could do for LVCin Sweden?” And so I want them to sourced designs and industrial 3-DVA and what we could do for MGM come to Vegas and say: “Whoa, Charprinting to localize car manufacturand other customers like that. lie and the Chocolate Factory. A car is ing, tailoring its cars to the needs of made in that factory. In Vegas.” That’s clients or the needs of a region. How would those partnerships what we want. And the company sees possibili-
take form? It’s really simple. National Harbor has miles and miles of roads — to go shopping, to go eating, to go to the waterfront, to go to the Ferris wheel. You just don’t walk it. When you are in a closed community like National Harbor, you can’t call an Uber. Those kinds of areas we’re going to dominate in. What we’re going to say is, “Get a Local Motors vehicle because it’s a system.” So you want them to get a Local Motors vehicle then? A fleet of them. Because it’s also on brand. We’re not a concept car company. We don’t have to wait for tooling. (Our process is) rapid iteration, rapid product. If MGM wants one for their Vegas property, think about the style and design that’s there. We can make it whatever they want. What’s the biggest misconception people have about 3-Dprinted cars? That they’re unsafe. A huge misconception. That started before 3-Dprinting. Most of the world believes heavy cars are safe. The Insurance Institute for Highway Safety has proven that the safest cars in the world are the lightest, the biggest and the most well-built … Now if you think about that, what does 3-D printing do for me? I can print at any size because my tooling didn’t cost me anything. I can take materials that are inherently lightweight and put them where they need to be and not where they don’t. In terms of well-built, I can put material in any axis that I need it to be. On my body, I go from nail to cuticle, from bone to muscle to skin. The 3-D printer can do that. It can go from squishy to hard to thou-shall-notintrude. That’s amazing.
In first quarter as public company, PT’s parent reports $3M profit By J.D. Morris Staff Writer
The Las Vegas-based gaming company whose business includes multiple Nevada casinos and the PT’s tavern chain, as well as a huge number of slot machines inside grocery stores and similar spots, reported $3 million in earnings for the third quarter. Golden Entertainment was formed
when Golden Gaming bought Lakes Entertainment Inc. in July. The company reported certain financial figures pretending as though the merger occurred at the beginning of the quarter in order to compare numbers from 2015 to 2014. Using that metric, net revenue was $86.2 million in the third quarter, up 3.5 percent from last year.
The company’s business is divided in two categories: distributed gaming — which includes the tavern chain and slot machine route — and casinos, which includes three in Pahrump and the one in Maryland. CEO Blake Sartini called the quarter “transformational.” “Everyone is excited by the opportunities arising out of this transac-
tion,” he said in a statement. “Going forward, in addition to the current portfolio ... we are focused on executing on a broad slate of long-term growth opportunities ... while continuing to deliver a quality experience to customers and generating returns for shareholders.” The company had total outstanding debt of $146.4 million.
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VEGAS INC nov. 15 - nov. 21
law quarterly Send your business-related information to news@vegasinc.com
Work is underway on former site of the New Frontier By eli segall Staff Writer
Work crews are in action at the Alon Las Vegas site, as the north Strip resort slowly begins taking shape and a rival newcomer shows slow progress next door. Construction of Alon hasn’t started, but laborers this month were moving earth at the 34.6-acre property just north of Fashion Show mall, where the New Frontier once stood. They’ve also removed landscaping along Las Vegas Boulevard. Workers are surveying and cleaning the site, and media will be invited to speak with Alon CEO Andrew Pascal and other officials “early next year when we share details of the project,” Alon vice president of entertainment Jennifer Dunne said. Australian casino mogul James Packer’s Crown Resorts and Pascal, a former Wynn Resorts executive, are developing the 1,100-room resort. Clark County commissioners last month approved use permits, design reviews and other project plans. Alon is slated to feature a 26-story tower and a 17-story VIP tower; a man-made lake; about 27,800 square feet of casino space; 84,800 square feet for conventions; bars, restaurants and retail; and the “Black Box Theater,” according to county documents and filings by the developers. Packer, Pascal and investment giant Oaktree Capital Management took charge of the site last year. They acquired 18.4 acres through foreclosure — county records indicate they paid $226 million at auction — and rented the remaining 16.2 acres from longtime owners the Elardi family. The group is paying $3.75 million a year to rent the Elardis’ portion. The lease, which began Aug. 1, 1998, with the Frontier’s then-owner Phil Ruffin, expires in 2097. Under the original terms, the rental price will climb in coming decades, filings with the county show. Ruffin sold the 16-story casino in 2007 for $1.24 billion to Israeli investors, who imploded it later that year. They planned to replace the old haunt with a luxury resort featuring 4,100 hotel rooms and 2,600 condo units, but after the economy tanked, the project went nowhere. Packer, Pascal and Oaktree said in August 2014 that they expected to start building a resort in late 2015 and to finish in 2018. They did not disclose other details, including the property’s name or amenities. Meanwhile, just north of Alon, Malaysian casino powerhouse Genting Group plans to turn the oncemothballed, partially built Echelon project into Resorts World Las Vegas. Genting has said it expects to open the $4 billion resort in mid-2018. The company, which bought the site in 2013 for $350 million from Boyd Gaming Corp., has topped off a parking garage but appears to have made little other progress transforming the 87-acre property into its Chinese-themed destination. When Genting acquired the site, construction was expected to start in 2014. The company held a ceremonial groundbreaking this past May but, besides a colorful Resorts World wall bordering the site, the property does not appear to have changed much.
Hannah Jane Romero, center, talks with guests touring Southwest Career and Technical Academy. Hailey Sassone is at right. The Las Vegas Global Economic Alliance is sending business leaders on a tour of magnet and technical academies. (steve marcus/staff)
Tour series connects companies with school district’s best students By ian whitaker Staff Writer
Terry Culp knows manufacturing. Before he moved to Las Vegas, he was the owner of Friend Manufacturing in New York, which produced big pesticide sprayers for private companies and the federal government. So you can trust him when he says the students at Southwest Career and Technical Academy know what they’re doing. “If I saw a kid who had the skills that these kids gain going through this school, I would hire them in a heartbeat,” he said. The school, one of seven career and technical academies operated by the Clark County School District, played host to Culp and other business and industry leaders in the first installment in a series of “FutureReady” tours organized by the Las Vegas Global Economic Alliance. The goal is to connect local industry with CCSD’s best and brightest students. Representatives from high-profile companies such as NV Energy, Roseman University and Cox Communications tiptoed in awe around SWCTA’s gigantic indoor garage, where students behind safety goggles fussed over engines and cars suspended on industrial car jacks. The event also attracted state Sen. Joyce Woodhouse, D-Henderson, and Assemblyman Lynn Stewart, R-Henderson. In addition to the typical curricula, students here learn in-depth skills in such fields as Web design, fashion design, culinary arts, nursing and mechanical engineering. “They’re doing a fabulous job of training these kids,” Culp said. “These kids are so motivated that learning fundamental skills is almost like second nature.” And those “fundamental skills” are exactly
why the alliance is organizing the tours, CEO Jonas Peterson said. More than ever, companies are picking and choosing where to set up shop based on the quality of the workforce. “High-value companies say that’s the single most important factor,” Peterson said. Parents are scrambling to get their kids enrolled in Clark County magnet schools and career and technical academies. The academy has around 400 openings each year and receives thousands of applications. Academically, the district’s career and technical academies outperform nearly all other schools in the state. Graduation rates regularly exceed 90 percent. But while the schools are a bright spot in a state where academic achievement is frustratingly low, not enough industry leaders are privy to their existence, Peterson said. “They’re usually focused on running their businesses, so sometimes it takes that little extra push,” he said. Culp now works as a deputy director for Nevada Industry Excellence, an extension of the Nevada System of Higher Education. According to its website, the group helps Nevada businesses grow, boost productivity and become more efficient. He was at the event with people from the state’s manufacturing industry. “The manufacturers I talked to today were really excited,” Culp said. “It was the first time those folks had been to the school, and it’s exactly what they wanted to see.” CCSD and the alliance conducted a second tour of the academy Nov. 10 and scheduled two more in the coming months. They also will tour Rancho High School’s manned and unmanned aerial system magnet program Feb. 11.
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The Vision to Transform Lives Through Arts and Education At The Rogers Foundation, we are leaving a legacy of opportunity, achievement and success. Founded by James E. and Beverly Rogers, the Foundation was established to provide innovative and exciting opportunities in arts and education for children and students throughout Southern Nevada.
To learn more about The Rogers Foundation and our legacy project, visit: TheRogers.Foundation
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15
VEGAS INC nov. 15 - nov. 21
law firm names , from page 1
State bar requires that names not be misleading Take the case of Half Price Lawyers. After that business shut down in February, clients learned that Half Price Lawyers had been licensing the name to a local attorney. Today, however, Half Price Lawyers has been relicensed by a different attorney, Mark Coburn, and is back in business. So, when you do business with an established law firm, how confident can you be that the lawyers who established it still are there or that the lawyers you are working with will remain there? The answer is: “It depends.” The rules of the State Bar of Nevada regulate law firm names and forms of legal advertising. But the rules don’t cover every possibility, and the Half Price Lawyers situation is only one example in which clients may not receive what a law firm’s name might lead them to expect. The bar’s most straightforward rule is potentially the most helpful to consumers: Typically, when a firm is named after a lawyer, that lawyer must actually work for the firm and must be licensed to pracGlen Lerner used to use the slogan “Heavy Hitter,” until the State Bar of Nevada told him to stop using the phrase, saying it tice law in Nevada. was misleading to clients because his competitors also may be heavy hitters. (staff file) Of course, there are exceptions. A been less consistent in enforcing the name, starring James Belushi and billboards and television. However, firm may continue to use the name rule against implications about unJerry O’Connell playing fictionalthough Lerner remains associated of a dead lawyer as long as that lawethical or illegal methods. ized versions of real Las Vegas atwith the Nevada firm that bears his yer was working for the firm at the In the past, the bar has moved torneys Michael Cristalli and Marc name, Lerner moved to Arizona sevtime he or she died. That’s why Lioquickly to remove billboards adverSaggese. Today, the Defenders law eral years ago and runs a separate nel Sawyer & Collins was able to tising lawyers with slogans such as firm continues to operate and adfirm, Lerner and Rowe. continue using the name of founder “Sharks? You bet!” Meanwhile, the vertise heavily in Las Vegas, but the Generally, though, when judging Grant Sawyer, even though he died Firm shares its name with a popuname was bought by the Richard a law firm by its name, if a firm is in 1996. lar media franchise that includes a Harris firm, and neither Cristalli named after an attorney or attorHowever, now that Lionel Sawyer best-selling John Grisham book, a nor Saggese works there. neys, that at least guarantees those & Collins closed, no other law firm movie and a TV show about an evil This is not to say generic names attorneys are associated with the will be able to use Grant Sawyer’s law firm run by the mafia. are entirely unregulated. They still firm in some way. The same cannot name again. Staff at the bar did not respond to must conform to advertising stanbe said for firms with generic names. Also, the rule that attorneys must a call for comment. dards set by the Nevada bar, which Some states require all law firms be licensed to practice law in NeUltimately, despite the efforts of include requirements that names to be named after lawyers in the vada was changed by a 1999 lawsuit the Nevada bar to protect clients be factually accurate and may not firm to ensure customers know exbrought by Arizona law firm Lewis and the reputation of the legal instate or imply that the firm can actly whom they’re hiring. Nevada and Roca. Because of that suit, muldustry, given the high stakes inachieve results by unethical or illeonce subscribed to that rule but tistate firms today, such as Lewis volved in many legal matters, anygal means. abandoned it decades ago. So today, and Roca, may use the same name one hiring a lawyer would be well However, the rules are subjective many well-established local firms in Nevada as they do in other states, advised to take a few minutes to and therefore are trickier for the bar use generic names such as Half even if named partners are not licheck the credentials of the specific to apply evenly. In the case of Half Price Lawyers, the Defenders and censed to practice here. lawyer working on the case, regardPrice Lawyers, for example, the bar the Firm, which have no permanent And even when named partners less of the firm for which that lawyer required the firm to prove the name connection to the attorneys who are licensed in Nevada, it doesn’t works. The State Bar of Nevada webwas factually accurate by providing work there. mean they must live here. For examsite lists past public reprimands and documentation to show its prices Take, for example, the Defenders, ple, personal injury attorney Glen disciplinary actions, and the Betreally were half the cost charged by which gained a great deal of publicLerner practiced law in Nevada for ter Business Bureau lists consumer other firms. ity in 2010 when CBS first started many years and still is well-known complaints filed against lawyers. However, the bar appears to have airing a television series of the same for his extensive advertising on
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VEGAS INC
law quarterly
nov. 15 - nov. 21
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Calendar of events Monday, Nov. 16 Governor’s Global Tourism Summit Time: Starts at 8 a.m., ends 5:30 p.m. Nov. 17 Cost: $250, additional $75 per guest Location: Hilton Lake Las Vegas, 1610 Lake Las Vegas Parkway, Henderson Information: Call 775-687-0621 Learn how to compete in the global market and prepare your business for international visitors.
Tuesday, Nov. 17 Nevada Restaurant Association political luncheon Time: noon-1:30 p.m. Cost: $250 Location: Mandalay Bay, 3950 Las Vegas Blvd. South, Las Vegas Information: Call 702-749-6656 A political forum to address critical tax and labor issues that will affect the restaurant industry over the next few years. Rebel Business Network mixer Time: 6-8 p.m. Cost: $15 for UNLVIP members, $20 for general admission Location: Crave, 10970 Rosemary Park Drive, Las Vegas Information: Visit unlvalumni.org Network with business owners and young alumni to grow your network. Take part in a drawing to win two tickets to an advance screening of “Star Wars: The Force Awakens.”
Wednesday, Nov. 18 International Special Events Society Las Vegas Chapter luncheon Time: 11:30 a.m.-1:30 p.m. Cost: $35 for students, $45 for members, $65 for nonmembers Location: Cabo Wabo Cantina at Planet Hollywood, 3663 Las Vegas Blvd. South, Las Vegas Information: Visit iselv.com Actor Roger Haskett will discuss ways to communicate effectively while under pressure. Register by 5 p.m. Nov. 16. Construction Financial Management Association luncheon Time: 11:30 a.m. Cost: $30 for members, $40 for
nonmembers Location: Lawry’s the Prime Rib, 4043 Howard Hughes Parkway, Las Vegas Information: Call 702-493-1066 Bryce Wisan, a partner at WSRP LLC, and Jim Main, founding partner of Main Amundson and Associates, will discuss ways people in the construction industry can avoid fraud. Las Vegas Metro Chamber of Commerce Lunch and Learn Time: 11:30 a.m.-4 p.m. Cost: $15 for members, $20 for nonmembers Location: Las Vegas Metro Chamber of Commerce, 575 Symphony Park Ave., Suite 100, Las Vegas Information: Visit lvchamber.com Learn what it takes to launch small businesses as a NASA supplier, subcontractor or service provider. Network After Work mixer Time: 6-9 p.m. Cost: $15 in advance, $20 at the door with RSVP, $25 at the door without RSVP Location: Blue Martini, 6593 Las Vegas Blvd. South, Las Vegas Information: Email rsvp@networkafterwork.com Mingle and socialize with professionals. Bring business cards to trade.
Thursday, Nov. 19 United Way of Southern Nevada: Mayor’s Prayer Breakfast Time: 7:30-9 a.m. Cost: $55 per person, $500 for table of 10 Location: Texas Station, 2101 Texas Star Lane, North Las Vegas Information: Visit uwsn.org/ mpb jessup UNLV President Len Jessup will discuss business, faith, politics and youth leadership. NAIOP Commercial Real Estate Development Association Southern Nevada Chapter breakfast meeting Time: 7-9 a.m. Cost: $25 for members with
advance registration, $30 for members without advance registration, $40 for nonmembers with advance registration, $45 for nonmembers without advance registration Location: Orleans, 4500 W. Tropicana Road, Las Vegas Information: Call 702-798-7194 Professionals in health care will participate in a panel discussion about the development of a medical industry in Southern Nevada. Bring nonperishable food to donate to Helping Hands of Vegas Valley. Nevada Small Business Development Center workshop: “Where’s the Contract?” Time: 1-3 p.m. Cost: Free Location: University of Nevada Cooperative Extension, 8050 Paradise Road, Las Vegas Information: Visit NevadaSBDC.org Learn how to secure government contractors and diversify your revenue sources. Find out what purchasing staffs from federal, state and local government agencies buy. Henderson Chamber of Commerce: 16th annual Economic Development and Small Business Awards Time: 6-9 p.m. Cost: $85 Location: Green Valley Ranch, 2300 Paseo Verde Parkway, Henderson Information: Visit hendersonchamber.com The Henderson Chamber of Commerce will highlight members who make a difference in the small-business community. Categories include Customer Service Award, Business on the RISE Award and Outstanding Nonprofit Award.
Friday, Nov. 20 Latin Chamber of Commerce luncheon Time: 11 a.m.-1 p.m. Cost: $40 for members, $45 for nonmembers Location: Culinary Academy of Las Vegas, 710 W. Lake Mead Blvd., North Las Vegas weekly Information: Visit lvlcc.com Clark County Commissioner Lawrence Weekly will be the guest speaker.
Conventions
expected Show Location Dates attendance
Kronos Inc. - WORKS Customer Conference
Aria
Nov. 15-18
2,000
National Communication Association - NCA Meeting
Rio
Nov. 16-23
2,000
National Business Aviation Association Inc. 2015 Annual Meeting and Convention
Las Vegas Convention Center
Nov. 17-19
25,000
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VEGAS INC nov. 15 - nov. 21
law quarterly Send your business-related information to news@vegasinc.com
Records and Transactions Bankruptcies CHAPTER 11 Print Plus Video Inc. LLC 1950 S. Rainbow Blvd., Suite 104 Las Vegas, NV 89146 Attorney: David J. Winterton at david@davidwinterton.com
Bid Opportunities THURSDAY, NOV. 19 2:15 p.m. Hollywood Park safety surfacing Clark County, 603878 Sandy Moody-Upton at scm@ clarkcountynv.gov 2:15 p.m. Stephanie Campus auction yard trailer demolition and replacement Clark County, 603896 Sandy Moody-Upton at scm@ clarkcountynv.gov 3:00 p.m. ARC for sectional overhead, overhead rolling, four fold and high-speed rolling door repair, replacement, preventative maintenance and parts countywide Clark County, 603875 Adriane Garcia at akgarcia@clarkcountynv.gov
Brokered transactions SALES $410,000 for 1,800 square feet, restaurant Address: 340 N. Boulder Highway, Henderson 89015 Seller: Eagle Ridge Partners LLC Seller agent: Tim Behrendt and Lisa Hauger of Sun Commercial Real Estate Buyer: Las Vegas Restaurant Systems LLC Buyer agent: Jakke Farley of Virtus Commercial $350,000 for 6,089 square feet, office Address: 5175 Camino Al Norte, Las Vegas 89031 Seller: Nevada New Builds LLC Seller agent: Will Chaffee and Paul Chaffee of NAI Vegas Buyer: Coastline RE Holdings NV Corp. Buyer agent: Did not disclose $190,000 for 1.66 acres, land Address: 5366 Stephanie St., Henderson 89122 Seller: CRV Classic Properties LP Seller agent: Robin Willett, Wil Chaffee and Paul Chaffee of NAI Vegas Buyer: Oxford Investment Partner LLC Buyer agent: Did not disclose
$778,642 for 13,135 square feet for 24 months, school Address: 7777 Eastgate Road, Henderson 89011 Landlord: 7777 Eastgate LLC Landlord agent: Chris Emanuel of Virtus Commercial Tenant: The University of Phoenix Tenant agent: Matt Hersh of JLL Inc. $566,127 for 14,020 square feet for 60 months, industrial Address: 4160 Cameron St., Suite D & E, Las Vegas 89103 Landlord: United Investments Series D LLC Landlord agent: Eric Larkin of NAI Vegas Tenant: MMJ America Holding Co. and Nevada Holistic Medicine LLC Tenant agent: Lisa Hauger of Sun Commercial Real Estate Inc. $425,698 for 8,368 square feet for 61 months, industrial Address: 7220 Dean Martin Drive, Suite 400, Las Vegas 89118 Landlord: Warm Springs Business Center, WSL Properties LLC Landlord agent: Spencer Pinter of Colliers International Tenant: Controlled Motion Solutions Tenant agent: Lisa Hauger and Tim Behrendt of Sun Commercial Real Estate Inc. $108,392 for 1,171 square feet for 60 months, retail Address: 345 W. Craig Road, Suite 126, Las Vegas 89032 Landlord: High Valley VI LLC Landlord agent: Preston Abell and John Blommer of Virtus Commercial Tenant: J Eric Moreno Insurance Agency Inc. Tenant agent: Lauri Norkus of New Market Advisors $19,968 for 2,305 square feet for 12 months, retail Address: 235 N. Eastern Ave., Suite 102, Las Vegas 89101 Landlord: Partch-Lebovitz & Lebovitz Family Trust Landlord agent: Chris Emanuel and Kammy Bridge of Virtus Commercial Tenant: Bighorn Law LLC dba Morris Anderson Law Tenant agent: Did not disclose
BUSINESS LICENSES
Aafordable Powersports Parts LLC License type: General retail sales Address: 3227 Meade Ave., Suite 4A, Las Vegas 89102 Owner: Eric E. Jacobsen
AX Plat License type: General retail sales Address: 930 S. 3rd St., Suite 200, Las Vegas 89101 Owner: AX Platform Inc.
ACG Design License type: Professional services Address: 7730 Mustang St., Las Vegas 89131 Owner: Architectural Civil Group LLC
B. Davis Inc. License type: Contractor Address: 1441 Terminal Ave. Las Vegas 95112 Owner: Did not disclose
Affairs to Remember Catering License type: Catering service Address: 818 S. Main St., Las Vegas 89106 Owner: Michael G. Whitesides Alameda Mortgage Corp. License type: Professional services Address: 5550 Painted Mirage Road, Suite 320, Las Vegas 89149 Owner: Patricia Karleskind Alcohol Detection Systems Inc. License type: Rental and leasing Address: 4375 E. Sahara Ave., Suite 25, Las Vegas 89121 Owner: George Lesini Aliante Animal Hospital License type: Animal hospital Address: 3310 Elkhorn Road, North Las Vegas 89084 Owner: BCMN LLC All City Appliance Repair License type: Repair and maintenance Address: 5409 Yarmouth Ave., Suite 6, Las Vegas 91316 Owner: Yaron Hamer Allen Carr License type: Real estate sales Address: 9525 Hillwood Drive, Las Vegas 89134 Owner: Dan Carr Inc. Ann M. Nichols Mft License type: Professional services Address: 6769 W. Charleston Blvd., Suite C, Las Vegas 89146 Owner: Ann M. Nichols Anytime Fitness License type: Health studio Address: 5870 Losee Road, North Las Vegas 89081 Owner: 24 Fitness Holdings LLC
A Handy Service Inc. License type: Residential property maintenance Address: Did not disclose Owner: Robert D. Johnson
ASYS LLC License type: Short-term residential rental Address: 1824 Rexford Drive, Suites 3 and 4 and 1900 Rexford Drive, Suites 3 and 4, Las Vegas 89104 Owner: Yaniv Shlomo
A Kiss in Paris License type: Internet business Address: 968 Armillaria St., Henderson 89011 Owner: Andrea Bebic
Awesome Lawn Care License type: Residential property maintenance Address: Did not disclose Owner: Anthony Johnson
Beauty License type: Cosmetics establishment and general retail sales Address: 1000 S. Torrey Pines Drive, Suite B, Las Vegas 89107 Owner: Fatima Husain Best Buy Cabinets License type: Contractor Address: 2146 Highland Ave., Las Vegas 89102 Owner: Lia Construction LLC Body Toolz Inc. License type: Internet business Address: 167 N. Gibson Road, Henderson 89014 Owner: Body Toolz Inc. Bradshaw Law Group LLC License type: Professional services Address: 10161 Park Run Drive, Suite 150, Las Vegas 89145 Owner: April Bradshaw Bucky Security LLC License type: Professional services Address: 770 W. Lone Mountain Road, Suite 1109, Las Vegas 89031 Owner: Arthur D. Williams Buzzwicks LLC License type: Nonfarm product vendor Address: 320 S. Rampart Blvd., Las Vegas 89145 Owner: Pamela Hewitt Capriotti’s Sandwich Shop License type: Restaurant Address: 322 W. Sahara Ave., Las Vegas 89102 Owner: Capriotti’s Sahara LLC Car Wash Garcia License type: Mobile auto detailing Address: 2336 McCarran St., North Las Vegas 89030 Owner: Franklin Garcia-Beltran CARP Stone LLC License type: Contractor Address: Did not disclose, Las Vegas 89129 Owner: Juan Leo Preussler Chavez Distribution License type: General retail sales Address: 5366 Varsity Ave., Las Vegas 89146 Owner: Alberto Hernandez Chavez Cocos Frios Nayarit License type: Open-air vending Address: 2219 Fremont St., Las Vegas 89101
Owner: Jose Renteria Creative Artisans & Co. License type: Art glass studio gallery Address: 6100 Mountain Vista St., Suite 140, Henderson 89014 Owner: Creative Artisans & Co. Crystal Clean Pool Service LLC License type: Pool service Address: 639 Marlberry Place, Henderson 89015 Owner: Crystal Clean Pool Service LLC CSKI Math License type: Instruction services Address: 4858 Al Carrison St., Las Vegas 89149 Owner: Carol Long David Milan Thoreson License type: Real estate sales Address: 777 N. Rainbow Blvd., Suite 120, Las Vegas 89107 Owner: David Thoreson David’s Auto Sales License type: Automotive sales Address: 1528 S. Commerce St., Las Vegas 89102 Owner: David Jimenez Deborah German License type: Real estate sales Address: 1925 Village Center Circle, Suite 150, Las Vegas 89134 Owner: Deborah German Dennis Cascone License type: Real estate sales Address: 10220 W. Charleston Blvd., Suite 3, Las Vegas 89145 Owner: Dennis Cascone Donna Lusby License type: Real estate sales Address: 777 N. Rainbow Blvd., Suite 120, Las Vegas 89107 Owner: Donna Lusby El Grito Entertainment License type: Entertainment Address: Did not disclose Owner: Juan A. Valdespino Emergency Restoration Experts LLC License type: Property maintenance Address: 2850 Synergy St., North Las Vegas 89030 Owner: Emergency Restoration Experts LLC Executive Care Home Health License type: Residential home care provider Address: 1771 E. Flamingo Road, Suite 119B, Las Vegas 89119 Owner: Melo Health Systems LLC Flair Cleaners License type: Laundry service Address: 6360 Simmons St.; 7501 N. Cimarron Road, Suite 101; 6535 N. Buffalo Drive, Suite 110; 7350 W. Cheyenne Ave., Suite 103, North Las
19
VEGAS INC
law quarterly
nov. 15 - nov. 21
Send your business-related information to news@vegasinc.com
Records and Transactions Vegas 89031 Owner: CFD LLC
Henderson 89014 Owner: HF Dodge NV Inc.
Fleet Pros License type: Automotive garage Address: 3120 Sirius Ave., Suite 106, Las Vegas 89102 Owner: Fleet Professionals LLC
High Stream Information Technology LLC License type: General retail sales Address: Did not disclose, Las Vegas 89131 Owner: Andrew Vineyard
Flowers By Regina & Plus License type: Sales Address: 1910 Barrel Oak Ave., North Las Vegas 89031 Owner: Regina Johnson Fowler Electric Ltd. License type: Contractor Address: 6675 W. Pebble Road, Las Vegas 89139 Owner: Did not disclose Gnarjars License type: General retail sales Address: Did not disclose Owner: Niko Garcia Go Go Keto License type: General retail sales Address: 1717 S. Decatur Blvd., Suite G62, Las Vegas 89102 Owner: Marnica J. Lindsay Go Wireless License type: Electronic service Address: 7021 Aliante Parkway and 675 E. Dorrell Lane, North Las Vegas 89084 Owner: Go Wireless Inc. Gold Spike Hotel License type: Hotel Address: 899 Fremont St., Las Vegas 89101 Owner: LFDTP LLC Good Shepherd Integrated Healthcare System License type: Medical office Address: 2821 W. Horizon Ridge Parkway, Suite 101, Henderson 89052 Owner: GS Integrated Healthcare Systems LLC Greens and Proteins License type: Restaurant Address: 6180 N. Decatur Blvd., North Las Vegas 89031 Owner: Greens Decatur Inc. Hapa Crafted License type: Jewelry store Address: 2566 Machado Drive, Henderson 89074 Owner: Linda Ayala Heat Wave Air Conditioning and Heating License type: Contractor Address: 4113 Box Canyon Falls Ave., North Las Vegas 89085 Owner: Heat Wave Air Conditioning and Heating Hickory Farms License type: Food specialty store Address: 1300 W. Sunset Road and 4300 Meadows Lane, Suite 5000,
Hiroshi Allen Shotokan Karate License type: Martial arts instruction business Address: 8433 W. Lake Mead Blvd., Las Vegas 89128 Owner: Hiroshi Allen Wyatt Home Helpers and Direct Link License type: Residential home care provider Address: 62 Pristine Glen St., Las Vegas 89135 Owner: Carla Health services LLC Hyrum Walton LMT License type: Independent massage therapist Address: 2400 S. Jones Blvd., Suite 14, Las Vegas 89146 Owner: Hyrum Walton Icon Barber Shop License type: Cosmetics Address: 5051 Stewart Ave., Suite 107, Las Vegas 89110 Owner: Pablo L. Covarrubias Inoel Cardenas-Riveron License type: Real estate sales Address: 777 N. Rainbow Blvd., Suite 120, Las Vegas 89107 Owner: Inoel Cardenas-Riveron DNJ LLC Iteris Inc. License type: Professional services Address: 1700 Carnegie Ave., Suite 100, Las Vegas 92705 Owner: Craig Christensen James Chen License type: General retail sales Address: 1717 S. Decatur Blvd., Suites D51 and D52, Las Vegas 89102 Owner: James Chen Jazzercise License type: Personal services Address: 18 Painted View St., Henderson 89012 Owner: Melanie Andrade JDK Specialties License type: Contractor Address: 6040 Pele St., North Las Vegas 89031 Owner: JDK Specialties LLC JJcomos Home Interiors LLC License type: Cookware vendor Address: 2120 Chapman Ranch Drive, Henderson 89012 Owner: JJcomos Home Interiors LLC Jolly Beans Cafe License type: Restaurant
Address: 2016 Via Firenze, Suite 110, Henderson 89044 Owner: Alimama Limited Jordan Medical Aesthetics LLC License type: Medical office Address: 2900 W. Horizon Ridge Parkway, Suite 101, Henderson 89052 Owner: Jordan Medical Aesthetics LLC Joseph Anthony Sacco Jr. License type: Real estate sales Address: 9420 W. Sahara Ave., Suite 100, Las Vegas 89117 Owner: Joseph A. Sacco Jr. Julia Van Weydevelt License type: Independent massage therapist Address: 633 Ryan Peak Lane, Henderson 89011 Owner: Julia Van Weydevelt
BUILDING PERMITS
$450,000, tenant improvement assembly group 230 S. Decatur Blvd., Las Vegas Ellis Construction Company $422,062, electrical 13420 Grand Valley Parkway, North Las Vegas Industrial Electric Inc. $345,000, tenant improvement - store 4440 E. Charleston Blvd., Las Vegas LM Construction $300,000, single-family residential - custom 5524 Ano Drive, Las Vegas Lizoala Rodrigo $300,000, tenant improvement - store 1421 N. Jones Blvd., Las Vegas CNC Construction Inc.
$7,000,000, commercial 814 S. Third St., Las Vegas AR Mays Construction Inc.
$255,000, tenant improvement medical offices 7603 Grand Teton Drive, Suite 140, Las Vegas Jerry Ramsey Construction Inc.
$3,434,709, commercial - addition 1605 W. Brooks Ave., North Las Vegas NDL Group Inc.
$250,000, single-family residential - custom 9732 Highridge Drive, Las Vegas Jaggers Construction
$2,800,000, single-family residential - custom 9504 Kings Gate Court, Las Vegas Executive Homes Inc.
$249,100, tenant improvement professional office 1170 E. Sunset Road, Suite 200, Henderson Landwell Co. LP
$1,998,618, public 2465 Kiel Way, North Las Vegas CG&B Enterprises Inc. $1,519,700, commercial 6017 Elkhorn Road, Las Vegas R&O Construction $1,250,000, tenant improvement apartment 900 Las Vegas Blvd. South, Suite 1506, Las Vegas Harris Associates
$248,342, single-family residential - production 9705 University Ridge Ave., Las Vegas Greystone Nevada LLC $248,342, single-family residential - production 9701 University Ridge Ave., Las Vegas Greystone Nevada LLC
Greystone Nevada LLC $200,000, tenant improvement - store 875 S. Grand Central Parkway, Suite 1601, Las Vegas Parnigoni Construction Management $198,306, single-family residential - production 304 Elder View Drive, Las Vegas Greystone Nevada LLC $196,197, single-family residential - production 313 Elder View Drive, Las Vegas Greystone Nevada LLC $186,273, single-family residential - production 5520 Bruin Lakes St., Las Vegas Richmond American Homes of Nevada $186,256, residential - production 859 Via Serenelia, Henderson Greystone Nevada LLC $176,485, single-family residential - production 7340 Zonal Ave., Las Vegas Richmond American Homes of Nevada $172,807, single-family residential - production 5614 Sophie Belle Ave., Las Vegas Richmond American Homes of Nevada $168,512, residential - production 208 Shasta Meadows St., Henderson Ryland Homes Nevada LLC $165,005, commercial - remodel 2240 Village Walk Drive, Henderson Vestar Green Valley LLC $159,973, residential - production 249 Glasgow St., Henderson Beazer Homes Holdings Corp.
$1,000,024, residential - custom 11 Cloud Chaser Blvd., Henderson Ascaya Inc.
$225,599, rehabilitation 3228 Brayton Mist Drive, North Las Vegas IMC Industries LLC
$158,531, residential - production 892 McKinley View Ave., Henderson Ryland Homes Nevada LLC
$950,000, tenant improvement - store 120 S. Rainbow Blvd., Las Vegas Wilger Enterprises Inc.
$219,600, tenant improvement restaurant 1540 W. Sunset Road, Henderson Sunstone Bonita LLC
$792,259, sign 262 Tarragona Breeze Ave., Las Vegas Desert Plastering LLC
$158,479, residential - new 2504 Charmed Oasis Court, North Las Vegas Richmond American Homes of Nevada
$211,982, single-family residential - production 310 Elder View Drive, Las Vegas Greystone Nevada LLC
$525,001, restaurant 11271 S. Eastern Ave., Henderson FFG Development LLC
$211,711, single-family residential production 309 Elder View Drive, Las Vegas Greystone Nevada LLC
$500,000, tenant improvement banquet hall 221 N. Rampart Blvd., Las Vegas Taylor International Corp.
$211,007, single-family residential - production 317 Elder View Drive, Las Vegas
$146,944, single-family residential - production 438 Port Reggio St., Las Vegas KB Home Nevada Inc. $145,833, residential - production 1129 Aubrey Springs Ave., Henderson DR Horton Inc. $145,279, residential - production 904 Tasker Pass Ave., Henderson
20
VEGAS INC nov. 15 - nov. 21
law quarterly Send your business-related information to news@vegasinc.com
Records and Transactions Ryland Homes Nevada LLC $143,496, multifamily residential - repair 301 Taylor St., Suite 1623, Henderson HV Investors LLC $143,496, multifamily residential - repair 301 Taylor St., Suite 1624, Henderson HV Investors LLC $140,288, residential - production 1137 Aubrey Springs Ave., Henderson DR Horton Inc. $134,743, residential - production 1125 Aubrey Springs Ave., Henderson DR Horton Inc. $134,743, residential - production 1133 Aubrey Springs Ave., Henderson DR Horton Inc. $134,743, residential - production 1141 Aubrey Springs Ave., Henderson DR Horton Inc. $134,483, single-family residential - production 450 Port Reggio St., Las Vegas KB Home Nevada Inc. $132,055, residential - new 3625 Greenbriar Bluff Ave., North Las Vegas J.F. Shea Co. Inc. $130,743, single-family residential - production 11828 Spadari Court, Las Vegas Pulte Homes of Nevada $125,589, tenant improvement offices 8426 Farm Road, Suite 110, Las Vegas Copperstone Construction Inc. $124,318, residential - production 2506 Venarotta St., Henderson KB Home Inspirada LLC
1126 Aubrey Springs Ave., Henderson DR Horton Inc. $112,840, residential - production 1118 Aubrey Springs Ave., Henderson DR Horton Inc. $111,399, residential - production 397 Ambitious St., Henderson Ryland Homes Nevada LLC $110,000, commercial - alteration 3820 W. Ann Road, North Las Vegas JMB Construction Co. Inc. $107,295, residential - production 1124 Aubrey Springs Ave., Henderson DR Horton Inc. $105,000, single-family residential - remodel 7514 Harbor Pond Drive, Las Vegas Scott Sanders Construction $103,898, single-family residential - production 239 Tower St., Las Vegas Interurban Construction LLC $103,898, single-family residential - production 235 Tower St., Las Vegas Interurban Construction LLC $103,898, single-family residential - production 231 Tower St., Las Vegas Interurban Construction LLC $103,898, single-family residential - production 227 Tower St., Las Vegas Interurban Construction LLC $103,442, single-family residential - production 7601 Aubusson Court, Las Vegas Greystone Nevada LLC $103,442, single-family residential - production 7601 Homemade Court, Las Vegas Greystone Nevada LLC
$117,276, residential - production 922 Harbor Ave., Henderson KB Home LV Pearl Creek LLC
$103,232, single-family residential - production 434 Port Reggio St., Las Vegas KB Home Nevada Inc.
$116,927, single-family residential - production 39 Berneri Drive, Las Vegas Pulte Homes of Nevada
$101,750, residential - production 1122 Aubrey Springs Ave., Henderson DR Horton Inc.
$116,056, residential - production 2637 Ornate Regiment St., Henderson Beazer-Inspirada LLC
$100,742, residential - new 5658 Sagamore Canyon St., North Las Vegas J.F. Shea Co. Inc.
$113,727, residential - production 864 Via Serenelia, Henderson Greystone Nevada LLC
$97,246, single-family residential - addition 8105 Begonia Blush Drive, Las Vegas Greystone Nevada LLC
$112,840, residential - production
$96,205, residential - production 1120 Aubrey Springs Ave., Henderson DR Horton Inc.
$64,000, roof-mounted photovoltaic system 7513 Bush Garden Ave., Las Vegas Go solar
$94,297, single-family residential - production 7605 Aubusson Court, Las Vegas Greystone Nevada LLC
$60,001, multi-family residential - repair 282 Tungsten St., Henderson Henderson Apartments LLC
$94,297, single-family residential - production 7609 Aubusson Court, Las Vegas Greystone Nevada LLC
$60,000, pool and/or spa 6931 Winter Rain St., Las Vegas Alpha Landscapes LLC
$94,297, single-family residential - production 7605 Homemade Court, Las Vegas Greystone Nevada LLC $94,297, single-family residential - production 7609 Homemade Court, Las Vegas Greystone Nevada LLC $93,654, single-family residential - production 8032 Satin Carnation Lane, Las Vegas Greystone Nevada LLC $93,654, single-family residential - production 8101 Begonia Blush Drive, Las Vegas Greystone Nevada LLC $91,400, tenant improvement store 4626 W. Charleston Blvd., Las Vegas Titanium Building Group LLC $83,291, single-family residential - production 8036 Satin Carnation Lane, Las Vegas Greystone Nevada LLC $83,162, commercial - alteration 4000 Arcata Way, North Las Vegas Dancon LLC $80,000, tenant improvement factory 1201 Searles Ave., Las Vegas Martin Harris Construction $70,000, pool and/or spa 7330 Fresh Harvest Ave., Las Vegas Blue Haven pools $69,000, disaster 10709 Silver Pyramid Court, Las Vegas GraEagle Construction and Development $65,000, commercial 6017 Elkhorn Road, Las Vegas R&O Construction $64,215, pool and/or spa 2921 Gnatcatcher Ave., North Las Vegas Anthony & Sylvan Pools Corp.
$56,200, pool and/or spa 7028 Twin Forks Peak St., Las Vegas Edgewater Custom Pools and Landscaping $55,830, disaster 5813 Edrene Ave., Las Vegas UTE Inc. $54,890, pool and/or spa 6509 Diamond Point Court, North Las Vegas Anthony & Sylvan Pools Corp. $51,650, residential - repair 843 Voyager St., Henderson Debra Tallant $46,951, roof-mounted photovoltaic system 10721 New Boro Ave., Las Vegas Centrair Electrical $43,592, solar 6036 Lonejack Lane, North Las Vegas SolarCity Corp. $43,592, solar 3015 Ashier Lane, North Las Vegas SolarCity Corp. $43,575, demolition 2700 W. Sahara Ave., Las Vegas Boyd Martin Construction LLC $43,216, roof-mounted photovoltaic system 125 Romero Drive, Las Vegas SolarCity Corp. $43,100, solar 4413 Cassandra Drive, North Las Vegas AO Electric Inc. $43,001, commercial 110 N. Boulder Highway, Suite 110, Henderson VFP LM LLC $42,810, pool and/or spa 1613 Quartz Ledge Court, Las Vegas Vintage pools $42,416, roof-mounted photovoltaic system 1705 S. Eighth St., Las Vegas SolarCity Corp. $41,100, electrical 11312 Parkside Way, Las Vegas
Communication Electronic System $40,000, pool and/or spa 9801 Yellow Shadow Ave., Las Vegas Alpha Landscapes LLC $39,882, solar 1509 Glenrosa Drive, North Las Vegas SolarCity Corp. $39,665, pool and/or spa 1605 Quartz Ledge Court, Las Vegas Vintage Pools $39,000, plumbing 833 Las Vegas Blvd. North, Las Vegas Bombard Mechanical LLC $38,955, solar 5916 Hollowridge Drive, North Las Vegas SolarCity Corp. $38,027, solar 4610 Cliff Breeze Drive, North Las Vegas Sunrun Installation Services $38,027, solar 6228 Trinity River Court, North Las Vegas Sunrun Installation Services $37,310, solar 836 Quicksand Lane, North Las Vegas Sunrun Installation Services $37,100, solar 5924 Amick St., North Las Vegas SolarCity Corp. $37,100, solar 2705 Tropicbird Drive, North Las Vegas SolarCity Corp. $36,451, roof-mounted photovoltaic system 10508 American Falls Lane, Las Vegas Sol Up USA LLC $36,451, roof-mounted photovoltaic system 1800 Monterey Cypress St., Las Vegas Sol Up USA LLC $36,451, roof-mounted photovoltaic system 10733 Woodlore Place, Las Vegas Sol Up USA LLCs
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VEGAS INC
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The List
Category: banks and thrifts (Ranked by local deposits as of june 30, 2015) Local deposits
Local branches
National deposits
National branches
Top executive
Wells Fargo Bank 3800 Howard Hughes Parkway Las Vegas, NV 89169 702-791-6353 • WellsFargo.com
$12 billion
77
$1 trillion
6,155
John Stumpf, CEO
2
Bank of America 300 S. Fourth St. Las Vegas, NV 89101 702-654-7900 • BankofAmerica.com
$11 billion
51
$1 trillion
4,810
Brian Moynihan, CEO
3
Citibank National Association 3900 Paradise Road Las Vegas, NV 89109 702-487-4893 • Citibank.com
$5 billion
10
$462.5 billion
798
Franciso Aristeguieta, CEO
4
Bank of Nevada (a division of Western Alliance Bank*) 2700 W. Sahara Ave. Las Vegas, NV 89102 702-248-4200 • BankofNevada.com
$2.9 billion
11
$8.4 billion
30
Robert Sarver, CEO
5
U.S. Bank 2300 W. Sahara Ave. Las Vegas, NV 89102 702-251-1600 • USBank.com
$2.7 billion
70
$2.8 billion
3,151
Zack Boyers, CEO
6
Nevada State Bank 750 E. Warm Springs Road Las Vegas, NV 89119 702-855-4612 • NSBank.com
$2.6 billion
31
$1.2 billion
19
Dallas Haun, CEO
7
JPMorgan Chase Bank 9911 W. Charleston Blvd., Suite 1 Las Vegas, NV 89117 702-938-0050 • Chase.com
$2.5 billion
47
$1 trillion
5,498
Jamie Dimon, CEO, president
8
Beal Bank USA 1970 Village Center Circle, Suite 1 Las Vegas, NV 89134 702-598-3500 • BealBankNevada.com
$1 billion
1
$640 million
22
Andrew Beal, CEO, president
9
Toyota Financial Savings Bank 2485 Village View Drive, Suite 200 Henderson, NV 89074 702-477-2170 • ToyotaFinancial.com
$739 million
1
$0
0
James Lentz, CEO
USAA Savings Bank 3773 Howard Hughes Parkway Las Vegas, NV 89169 702-862-8891 • USAA.com
$636.7 million
1
$0
0
Stuart Parker, CEO
City National Bank 10801 W. Charleston Blvd. Las Vegas, NV 89135 702-952-5901 • CNB.com
$452.2 million
5
$29.2 billion
71
Russell Goldsmith, CEO
12
Meadows Bank 8912 Spanish Ridge Ave., Suite 100 Las Vegas, NV 89148 702-471-2265 • MeadowsBank.com
$340.5 million
2
$71.7 million
2
Arvind Menon, CEO
13
Mutual of Omaha Bank 950 S. Rampart Blvd. Las Vegas, NV 89145 702-880-3700 • MutualOfOmahaBank.com
$300.6 million
3
$5.1 billion
30
Jeffrey Schmid, CEO
14
Bank of the West 9021 W. Sahara Ave. Las Vegas, NV 89117 702-304-1050 • BankoftheWest.com
$255.6 million
4
$50.4 billion
566
Michael Shepherd, CEO
15
Plaza Bank 8275 W. Flamingo Road Las Vegas, NV 89147 702-853-4700 • PlazaBank.com
$214.5 million
1
$657.4 million
6
Gene Galloway, CEO, president
Company
1
10 11
* Data refers to Western Alliance Bank Source: FDIC.gov and VEGAS INC research. It is not the intent of this list to endorse the participants or to imply that the listing of a company indicates its quality. Although every attempt is made to ensure the accuracy and thoroughness of VEGAS INC 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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