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v e g a s i n c . c o m | a P r i l 1 0 - 1 6 , 2 0 1 6
By Howard riell | SPECIAL TO THE SUNDAY
Las Vegas’ construction sector has made impressive strides since being pounded silly by the recession. ¶ Burke Construction Group Inc., an award-winning general contracting firm headquartered in Las Vegas, figures to be a big part of the era of new growth. ¶ VEGAS INC recently sat down with the firm’s president and CEO, Kevin Burke, to
Burke, Continued on page 15
2017Anticipated opening date
for two Chick-Fil-A loca-
tions in Southern Nevada.
Chick-Fil-A plans to open
eight to 10 valley locations
in the next five years.
$2.6BAmount Alaska Air Group
will pay to buy Virgin
America to become the fifth-
largest airline in the United
States and compete more ef-
fectively with larger airlines.
Ups and downs of construction
kevin Burke, president and
CEO of Burke Construction
Group, says “we may never
see our market ‘boom’ again
as it has in the past, but I
would take steady year-over-
year growth over a boom
market.” (l.E. BaskOw/staff)
CEO of Burke Construction Group talks about the industry’s past, present and future in Las Vegas and beyond
05 06 08Q&A WITH BRIAN FIKEThe vice president of invest-ment sales at Colliers Inter-national forecasts the year for Southern Nevada’s com-mercial real estate industry, offers advice for buyers and sellers, and talks about how Las Vegas has changed in his 57 years here.
THE NOTESPeople on the move, P4
MEET: RETROSPECS & CO.Jay Owens and Marya Francis opened their fi rst store in 1992 and recently added a location at the Cosmopolitan of Las Vegas, catering to eyewear con-noisseurs, professionals and hipsters.
TALKING POINTSRevisiting construction de-fect law, a year later, P7
DATA AND PUBLIC INFORMATIONA listing of local bank-ruptcies, bid opportuni-ties, brokered transac-tions, business licenses and building permits.
MORE VEGAS INC BUSINESS NEWSCalendar: Happenings and events, P17
The List: Homebuilders, P22
NOTEWORTHY STORIES
VOLUME 3, ISSUE 14Vegas Inc (USPS publication no. 15540), 2275 Corporate Circle, Suite 300, Henderson, NV 89074 is published every Sunday except the first Sunday of the year by Greenspun Media Group. Periodicals Postage Paid at Henderson, NV and at additional mailing offices.
POSTMASTER: SEND ADDRESS CHANGES TO:Vegas Inc2275 Corporate CircleSuite 300Henderson, NV 89074702.990.2545
For inquiries, write to: Vegas Inc2275 Corporate Circle, Suite 300Henderson, NV 89074For back copies: Doris Hollifield at 702.990.8993 or e-mail at [email protected] subscriptions and customer service: Call 818-487-4538, or visit vegasinc.com. For annual subscriptions, $50. For single copies, $3.99.
GROUP PUBLISHER Gordon ProutyASSOCIATE PUBLISHER Breen Nolan
EDITORIALEDITOR Delen Goldberg ([email protected]) MANAGING EDITOR Dave Mondt ([email protected])ASSISTANT MANAGING EDITOR/SPORTS AND DIGITAL Ray Brewer ([email protected])STAFF WRITERS Kailyn Brown, Julie Ann Formoso, Jesse Granger, Chris Kudialis, Megan Messerly, J.D. Morris, Daniel Rothberg, Cy Ryan, Eli Segall, Ricardo Torres-Cortez, Jackie Valley, Ian Whitaker COPY DESK CHIEF John TaylorCOPY EDITORS Jamie Gentner, Brian Sandford SPECIAL PUBLICATIONS EDITOR Craig Peterson EDITORIAL CARTOONIST Mike Smith LIBRARY SERVICES SPECIALIST Rebecca Clifford-Cruz RESEARCHER Julie Ann FormosoOFFICE COORDINATOR Nadine Guy
ARTASSOCIATE CREATIVE DIRECTOR Liz Brown ([email protected])DESIGNER LeeAnn EliasPHOTO COORDINATOR Mikayla Whitmore PHOTOGRAPHERS L.E. Baskow, Christopher DeVargas, Steve Marcus
ADVERTISINGASSOCIATE PUBLISHER OF ONLINE MEDIA Katie HortonGROUP DIRECTOR OF SALES OPERATIONS Stephanie RevieaPUBLICATION COORDINATOR Denise Arancibia SENIOR ADVERTISING MANAGER Jeff JacobsEXTERNAL CONTENT MANAGER Emma CauthornBUSINESS DEVELOPMENT SPECIALIST Sandra SegrestACCOUNT MANAGERS Katie Harrison, Dawn Mangum, Sue SranADVERTISING MANAGERS Jim Braun, Brianna Eck, Frank Feder, Kelly Gajewski, Justin Gannon, Chelsea Smith, Chelsea Smith, Tara StellaGREENSPUN MEDIA GROUP SALES ASSISTANT Steph Poli
MARKETING & EVENTSEVENT MANAGER Kristin WilsonDIGITAL MARKETING MANAGER Jackie Apoyan
PRODUCTIONVICE PRESIDENT OF MANUFACTURING Maria Blondeaux ASSISTANT PRODUCTION DIRECTOR Paul Huntsberry PRODUCTION MANAGER Blue Uyeda PRODUCTION ARTIST Marissa Maheras, Dara Ricci ART DIRECTOR Sean Rademacher GRAPHIC DESIGNERS Michele Hamrick, Dany Haniff TRAFFIC SUPERVISOR Estee Wright TRAFFIC COORDINATORS Kim Smith, Meagan Hodson
CIRCULATIONDIRECTOR OF CIRCULATION Ron GannonROUTE MANAGER Joel Segler
GREENSPUN MEDIA GROUPCEO, PUBLISHER & EDITOR Brian GreenspunCHIEF OPERATING OFFICER Robert CauthornEXECUTIVE EDITOR Tom GormanMANAGING EDITOR Ric AndersonCREATIVE DIRECTOR Erik Stein
VINTAGE VEGAS: BOXING LEGEND JOE LOUISDUBBED ‘GREATEST CHAMPION OF ALL TIME’
LA
S V
EG
AS
SU
N A
RC
HIV
ES
Boxing Hall of Famer Joe “ the Brown Bomber” Louis became the world heavyweight champion in 1937 and defended his title 25 times before retiring in 1951. After his boxing career, he moved to Las Vegas and worked as a hotel greeter at Caesars Palace until 1977, when he fell ill with heart problems and had to use a wheelchair .
Pictured in this Nov. 9, 1978, photograph ,
former Nevada Gov. Mike O’Callaghan presents Louis with a plaque during a dinner honoring the former boxing champion . Also pictured , from left , are Army Secretary Martin Hoffmann, Caesars Palace executive Harry Wald, boxing promoter Don King, heavyweight boxer Max Schmeling and Los Angeles Mayor Tom Bradley.
— REBECCA CLIFFORD-CRUZ
CONTENTSVEGAS INC2
APRIL 10-APRIL 16
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© 2016 Starwood Hotels & Resorts Worldwide, Inc. All Rights Reserved. Preferred Guest, SPG, Element and their logos are the trademarks of Starwood Hotels & Resorts Worldwide, Inc., or its affi liates.
Chandler, AZ ● Denver, CO ● Miami, FL ● Bos ton, MA ● Lexington, MA ● Hanover, MD ● Bozeman, MT ● Fargo, ND Omaha, NE ● Lebanon, NH ● Ewing , NJ ● Ha r r i son/ Newark , NJ ● La s Vegas Summer l i n , NV ● New York , NYDa l la s , TX ● Hous ton , TX ● Calgar y, CAN ● Edmonton, CAN ● Vancouver, CAN ● Vaughan, CAN ● Suzhou, CHNFrankfur t , DEU ● Amsterdam, NLD
chill
VEGAS INC4
april 10-april 16
Larry Staples, president of IN2IT Architecture, joined the National Board of the Acade-my of Architecture for Health. Staples will oversee committees on major regional, national and international initiatives focused on health care planning, design and construction. In addition, he will develop partnerships with national institutions such as the American Society for Healthcare Engineering.
Patti Meeker is a Certified Construction Industry Financial Professional. The designation, given by the Institute of Certi-fied Construction Industry Financial Professionals, is the only construction financial man-agement certification accred-ited by the American National Standards Institute.
DC Building Group President Bryce Clutts is presi-dent of the Nevada Contractors Association.
Frank Martin, who co-founded Martin-Harris Construction in 1976, is on the board of direc-tors of the Las Vegas Global Economic Alliance.
Craig Russie is a quality assur-ance/quality control superinten-dent at Penta Building Group. Jason Norgan, Eunice Diestro, Hans Huisman, Cassy Hudec and Vanessa Montaño are project engineers. Brax-ton Mouser is senior project engineer, and Michael Charlson is a superintendent. Russie previously was a superintendent at Heinaman Contract Glazing. Norgan worked in sales, design and project man-agement at Terrascapes. Diestro was a project en-gineer at Ledcor Construction – Las Vegas, SR Con-struction and Jaynes Corp. of Las Vegas. Huisman was a construction analyst intern at Southwest Gas. Hudec and Montaño were interns at Penta. Mouser was a project engineer at Penta, and Charlson was a senior superintendent at Sundt Construction.
Katie Mul-ryan is se-nior project manager at Grand Canyon Develop-ment Part-ners. She previously served as project manager. Barbara Williamson is a proj-ect coordinator. Williamson previously worked at Gemstone Development, Draeger Con-struction and CMA Consulting. April Chapman is a project manager. Chapman previously worked as a project manager at Ernst and Young.
Sara Griesche is an assistant designer at Colours, Inc. She has more than five years of experience in the interior design industry and previously worked at Heavenly Unique and Casa Posh.
Andrew Lynam, a WIN Home Inspection franchi-see, was awarded a Diamond Award for number of inspections completed (1,098) in 2015. He also was acknowledged with a 10-year award.
Araceli Gomez is a project manager and design-er at LGA. Her first project is at the Op-portunity Village Oakey Campus. Lance Kirk, an architect at LGA, was awarded the Young Architect Award by the Las Vegas chapter of the American Institute of Architects.
Sabrina Lee is a project engi-neer at DC Building Group.
Burke Construction Group is expanding warehouse space for the Frito Lay Las Vegas Distribution Center on behalf of Con-Real, LP. The space will be about 30,000 square feet and will be built adjacent to an active warehouse. When complete, the buildings will function as one common warehouse space. The project was designed by William E. Franz and is managed by group project manager Patrick Schueppert. In addition, Thad Lawrence is direc-tor of preconstruction services at Burke, and Jim Colegrove is division manager of special projects and tenant improvements.
Chris Langham is a senior landscape architect at EPG.
Bob Mertel of Henderson earned a spot on An-thony & Sylvan Pools’ Top 10, ranked by 2015 sales.
Atkins, a design, engineering and project manage-ment firm, is managing design and engineering services for the Nevada Department of Transpor-tation’s Project Neon.
Flip For Me Gymnastics is building a training and practice facility. The 20,000-square-foot gym will be at Shelbourne Avenue and Duneville Street in Las Vegas. Work is scheduled to be finished this year.
Seven Hills Hospital expanded its inpatient capac-ity by 40 beds and is building a new outpatient services center to provide psychiatric and chemical dependency services.
The Wolff Co. and 901 Fremont LLC, an affiliate of the Downtown Project, are building a mixed-use, multifamily project on 1.3 acres downtown. The five-story, podium-style building will include 231
units and 15,000 square feet of retail space along Fremont Street.
CAI Investments signed a deal for an $18 million Starwood Hotels-branded development at Speed-way Boulevard south of Interstate 15, Las Vegas. Construction is expected to start in July and last for a year to 14 months.
Skye Canyon, a 1,700-acre master-planned com-munity in Northwest Las Vegas, is open. The project was developed by Olympia Cos. Its centerpiece is the 15-acre Skye Canyon Park, which features a bas-ketball court, a sports field, multiple tot lots, splash and play parks, multipurpose trails and a commu-nity and fitness center.
DC Building Group is the general contractor for a new Southern Hills Baptist Church campus at 6425 W. Pebble Road, Las Vegas. The project is expected to be completed in October. Phase one includes site development and a 14,855-square-foot building with a 600-seat auditorium, a lobby, a lounge and meeting rooms. The project was designed by JVC Architects.
Burke Construction Group completed construc-tion on St. Anthony of Padua Parish Hall at Fort Apache Road and Centennial Parkway in Las Vegas. The 16,274-square-foot building, designed by LG Architects, is the new spiritual home for the St. An-thony of Padua congregation. It features an arched sanctuary with seating for nearly 1,000 people, two conference rooms, eight meeting rooms, parish of-fices, a reception area, a plaza and a patio area.
Southern Hills Hospital broke ground on a hospital-based emergency room, ER at the Lakes, at Desert Inn and Fort Apache roads in Las Ve-gas. The 10,000-square-foot facility will include 12 patient rooms and will be staffed by board-certified ER physicians and nurses. ER at the Lakes will ac-cept ambulance services and walk-in patients, and will be equipped to provide emergent and urgent care, in addition to ancillary services. The facility will include a lab and blood bank, a pharmacy and radiology services, including CT scan, X-ray and ultrasound. The provider-based ER also will provide pediatric services, with a separate entrance for young patients.
HealthCare Partners broke ground on a medical office building in Pahrump. The 58,000-square-foot facility will include eight pods with 72 exam rooms, a 1,000-square-foot pharmacy, a 2,000-square-foot Humana Guidance Center and an urgent-care center.
THE NOTES: SPECIAL FOCuS ON CONSTRuCTIONSend your business-related information to [email protected]
LEE
GOMEz
STAPLES
MEEKER
KIRK
CHAPMAN
WILLIAMSON
MuLRyAN
MARTIN
City Sunstone Properties completed the first phase of an $8 million renovation at Galleria Marketplace, a retail center at 1540 Sunset Drive, Henderson. Bentar Construction is doing the work. Anthony young of
Avaruus Studios is the project architect. (CourteSy)
the interview: special focus on constructionSend your business-related information to [email protected]
VEGAS INC5
april 10-april 16
What is the best business advice you’ve received?
Work half-days: 7 a.m. to 7 p.m. Also, consistency and persistency. Randy Black told me that when I started in the business in 1986.
Where do you see the valley’s commercial real estate industry headed in 2016?
Las Vegas always will be a safe bet for investment real estate. I think interest rates are pinned down right now, and we will see them tick up this year. Buyers with disciplined invest-ment criteria will do well; specula-tors, on the other hand, will have a tougher way to go, unless they really buy at a great value.
What’s your best advice for buyers?
Shop value; it’s still out there if you turn over all the rocks.
What’s your best advice for sellers?
Don’t hold out for the last dollar. The run-up of values in the early mil-lennium contaminated sellers’ opin-ion of value for their assets. If they didn’t sell at that time, they still refer to the “I coulda, shoulda” phraseol-ogy of a time that was and isn’t com-ing back anytime soon, especially in the land market. Simply put, they missed the boat, and their property isn’t worth what it was 10 years ago.
Cap rates have been suppressed for a bit now and are, in my opinion, wanting to make a move upward. As interest rates move up, so will cap rates. If you own investment real es-tate, the climate is still good to cap-ture a sale at a lower cap rate, thus equating to a higher value.
The good news is the Las Vegas market still is loaded with a ton of investors who want a piece of the pie.
You’ve lived in Las Vegas for 57 years. How has the city changed?
When I was a kid growing up here, you could drive across town in 15
minutes. Now, it can take up to an hour. The town was comprised of in-dividuals and families who had come here for the opportunity that the post-war boom had promised, with an added ingredient of intrigue: gam-ing. A man’s handshake was his word.
Fast-forward to now, Las Vegas is an international city that has gone through a tremendous amount of growth in a very short period of time. Can you say growing pains? There ex-ists a much more diverse cross section of players in the real estate indus-try from all over the world. Gaming once stood as the primary economic stalwart and obviously remains a top contender; however, there are many
other industries and international businesses that now make Las Vegas home.
If you could change one thing about Southern Nevada, what would it be?
Better forward planning. I feel the city and county are doing better, but infrastructure development seems to be an afterthought and is consid-ered only once we have reached a cri-sis. This is especially evident in our roads and highways. Traffic is at an all-time high, and everywhere you look you see cones, cones, cones.
It would be nice to see a highly ef-ficient public transportation system
developed that locals would embrace and use, as opposed to driving every-where. There are so many cars here, and unless an alternative is offered to get to and fro, it will only get worse.
What are you reading?“The Way of the SEAL,” by former
U.S. Navy SEAL Mark Divine.
What do you do after work?Usually, I go home and hang out
with my wife, Kelli, and my 9-year-old little girl, Gabbi. You know, home-work and stuff.
Describe your management style. I used to micromanage and want to
do everything myself. There were a few contributing factors to that: One was insecurity, and the other was not trusting in others’ ability. Today, I’m more apt to delegate and leverage my resources to maximize time. I work at a much more productive and efficient mode when practicing the latter.
What is your dream job, outside of your current field?
Playing the guitar and perform-ing in a fine dining establishment at a beautiful ski resort. Ski all day and play music all night.
Whom do you admire and why?My mother and father. To observe
them go through the financial wipe-out my father endured, then pick up the pieces, re-engineer their lives and be willing to live within their means, and most importantly be happy, is absolutely admirable. They basically have lived two lives in one lifetime. They’re both tremendously impres-sive, and I applaud them for who they are and what they continue to be.
What is your biggest pet peeve? People and their hand-held devic-
es, especially if they’ve invited you to lunch or dinner and are on it as opposed to being present with you. It’s possibly one of the most self-cen-tered, rude acts a person can do in the presence of company.
Q&a with brian fike
‘It’s a good time to sell,’ but for buyers, value ‘is still out there if you turn over all the rocks’
Brian Fike’s advice to people who want to sell land or commercial property:
“Don’t hold out for the last dollar.” (l.e. baSkow/Staff)
Brian Fike is vice president of investment sales at Colliers International, a global commercial and residential real estate services firm. In October, he shifted his focus from the vacant land market to investment sales, which he calls the “true essence of commercial real estate.”
by the numbers
65 percentShare of teens, surveyed by Junior Achievement USA and the Voya Foundation,
who believe borrowers should be responsible for paying off their student
loans. A total of 11 percent said the government should
pay off the loans.
400Future jobs lost in North
Carolina after PayPal canceled its plans to open a global operations center in Charlotte. PayPal axed the project in response to passage of a North Caro-
lina law that prevents cities from creating nondiscrimi-nation policies based on
gender identity.
325,000People who, through April 7, paid a $1,000
deposit for Tesla Motors’ new lower-priced electric
car. Model 3, scheduled for sale in late 2017, will start at $35,000 and can travel 215
miles per charge.
100Workers expected to be hired for a Sprouts Farmers Market sched-uled to open June 29 at
7530 W. Lake Mead Blvd., Las Vegas.
$160BValue of a merger that
crumbled between Pfizer and Allergan, a Botox
maker based in Ireland. The massive deal, which would
have been the second-biggest takeover of all time, was foiled by new treasury
rules aimed at clamping down on companies that try to reduce their tax bill by merging with foreign
firms.
63Times U.S. law enforcement officials have asked Google and Apple to help unlock data on phones, accord-ing to the American Civil
Liberties Union. Google was asked for help nine times;
Apple, 54 times.
$1.6BAmount Ford Motor Co. plans to invest to build
more small cars in Mexico, starting in 2018.
Describe your business.
We restore, register and customize eyewear dating from 1890 to 1980. We also manufacture a bespoke contempo-rary collection called Cuthbert & Chen made from materials such as titanium and buffalo horn.
Who are your customers?
Eyewear connoisseurs, profession-als, hipsters and the fashion set.
What is your business philosophy?
Provide great service, find our clients the perfect fit and offer a one-of-a-kind, fashionable product. These ele-ments are what we believe build lifetime customers.
What is the hardest part about doing business in Las
Vegas? Las Vegas is a shopper’s paradise, but the transactional
experience is generally just that — transactional. The es-sence of our business, especially when the client is inter-ested in our more historic pieces, is very detailed, as our mission is to take the time to find our clients the perfect piece and fit for their desired look.
Tell us about your latest collection.
Our historic pieces were manufactured from gold-filled and cellulose acetate and are some of the most exclusive eyeglasses and sunglasses in the world. Marya and I want-ed to use our knowledge of historic eyewear’s custom fit and feel to create a collection made from the contempo-rary world’s finest materials but at a more affordable price point than our historic frames. Cuthbert is my dad’s first
name, and Chen is Marya’s mother’s maiden name. The collaboration is a marriage of craft and style.
You’ve been in business for more
than two decades. To what do you
owe your company’s longevity? We have nurtured exclusive dealer-
ships in every major city in the world that not only sell our collections but service our historic collections, as well.
Our glasses are not disposable fashion pieces but lifetime frames. At the end of the day, it is more about the service and less about the sale. Customers always will return to places where they experienced great service.
Which pair of your glasses has
the most interesting story?
There are many pieces, including JFK’s sunglasses, MacArthur’s WWII Ray-Bans or Bruce Lee’s ’70s shades, but the most iconic are the fashion brand frames from the 1970s by Dior and Diane Von Furstenberg, and the 1960s American Optical jet-age pilot frame, which were manu-factured for the U.S. military out of premium 12K gold-filled wire. These early-brand frames changed eyewear forever, and the pilot frame is the only to be worn on the moon as well as featured in the Smithsonian.
What is the best part about
doing business in Las Vegas?
Las Vegas is a city that never rests. People are curious and open to discovery experiences. From a retail perspec-tive, they aren’t afraid to try something on just to see how it looks.
Their vision: Making historic eyewear fashion-forward for modern customers
Jay Owens and Marya Francis own Retrospecs & Co., a vintage eyewear company with stores in Los Angeles, San
Francisco and at the Cosmopolitan of Las Vegas. (ChRiStopheR DeVARgAS/StAFF)
retrospecs & co.Address: 3708 Las Vegas Blvd.
South, Las Vegas Phone: 415-436-9655
Email: [email protected]: retrospecs.com
Hours of operation: 10 a.m.- 11 p.m. daily
Owned/operated by: Jay Owens and Marya Francis
In business since: 1992
VEGAS INC6
april 10-april 16get to know a local businessSend your business-related information to [email protected]
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.
reader commentSWe want to hear
from you. Visit
vegasinc.com to
post your opinion.
on daniel roth-
berg’s lasvegas-
sun.com story
“Bankrupt las Vegas
solar installer loses
license to contract”:
Where are the gov-
ernment bailouts for
the people getting
screwed? — LasVeg-
asChris40
on the lasveg-
assun.com story
“Smoking banned at
largest las Vegas
sports book”:
Smoking is old-
school. In this day
and age, people are
aware of what smok-
ing does to people.
— flowerpower02
This will last until
revenue decreases.
— LVRealityCheck
on J.d. morris’
lasvegassun.com
story “Parking will
cost $10 or more at
some spots near new
arena”:
Pretty much every
pro arena in the na-
tion charges for park-
ing. — MKUltronic79
Whatever happened
to ‘we love locals?’ If
the hotels don’t care,
locals won’t support
them. — Janmara1
on J.d. morris’
vegasinc.com story
“riviera too big to
implode all at once,
official says”:
I hope that at least
some of that gor-
geous neon facade
will be saved and
eventually displayed
somewhere. That
stuff is both classic
and stunning. — bur-
nemandturnem
Revisiting construction defect-law, a year later
N evada’s homebuilding industry, long plagued by sometimes-spurious litigation under construction-defect
laws, commonly known as “Chapter 40,” found relief Feb. 24, 2015, in the form of Assembly Bill 125.
Primarily, AB 125 narrows the definition of “construc-tional defect” to any defect that causes physical damage to the property or presents an “unreasonable risk of injury to a person or property,” eliminates the mandatory award of attorneys’ fees as a component of statutory damages, sets the statute of repose for construction-defect claims at six years, precludes the ability of a homeowners association to bring claims relating to individual homes and heightens the specificity required in a defect notice.
While many of these changes govern litigation practice once a defect notice has been issued, certain provisions call for homebuilders to update their form agreements.
Under prior law, it was common for homebuilders to require a subcontractor to indemnify, defend and hold harmless the builder for all claims, including claims caused by the builder’s negligence.
Although certain indemnification obligations now un-enforceable under AB 125 still may linger in new contracts, most subcontractors want to see their indemnification obligations revised to comport with AB 125. To preserve a subcontractor’s obligation to indemnify the builder with re-spect to non-construction defect claims, a builder will need
to revise forms and should consult with counsel to ensure that all indemnification provisions comply with current statutes.
In addition, AB 125 includes new provi-sions addressing wrap-up policies for resi-
dential projects. Now, contract documents must disclose the basic elements of the policy and, among other things, the total amount or method of calculation of any credit or compensation for the subcontractor’s share of the premium and the basis for a deductible payment.
Further, AB 125 limits a self-insured retention or deduct-ible payable by a subcontractor under a wrap-up policy to an amount that must not exceed the self-insured retention or deductible that the subcontractor would have been required to pay under a traditional commercial general liability policy. Many homebuilders using wrap-ups already deliver much of the required information; however, the applicable declarations, manuals and disclosures should be reviewed for compliance with AB 125.
While homebuilders routinely include broad indemnity provisions in their contracts to shift costs and liabilities to other parties, AB 125 and the decisions of the Nevada Su-preme Court have significantly diminished the protections those indemnity provisions were intended to provide. To avoid surprises, thoughtful contract preparation is critical.
Robert McPeak is a partner at McDonald Carano Wilson and practices primarily in the areas of real estate and con-struction law.
guest column: robert mcpeak
VEGAS INC7
april 10-april 16talking PointS: SPecial focuS on conStruction
Send your business-related information to [email protected]
Park Highlands has gone bankrupt twice before a single house has been built.
The owners have split the project in half, with one group resuming work on its
portion. (L.E. Baskow/sTaff)
special focus on constructionsend your business-related information to [email protected]
Park Highlands would be impressive comeback taleBy eli segallStaff Writer
Developer Gregg Wolin has been in the real estate business for 25 years, but few projects have tested his hu-manity and ethical fiber as much as Park Highlands in North Las Vegas, he said.
The sprawling development, long seen as an economic boon to the city, has gone bankrupt twice and there are still no homes. After the econo-my tanked, the land was chopped up among numerous buyers, all of whom had veto powers over project plans.
Park Highlands has been in the works for almost a decade and was estimated to cost more than $3 bil-lion. But delays piled up because of the recession and the rotating cast of investors pursuing different agendas, according to people involved in the project. It’s been so convoluted that Wolin wants to write a book about it and figures it’d make a great film.
“I may make more money on the movie rights than actually developing the property,” Wolin said.
Today, Park Highlands is split be-tween two groups pursuing separate projects — the roughly 2,000-acre Villages at Tule Springs, by Wolin’s group, and the roughly 600-acre Park Highlands West, owned by a cluster of investors.
And this year, landowners said, construction could be underway at both, part of a broader effort to revive sprawling residential developments in Southern Nevada that fizzled dur-ing the downturn.
Wolin, co-founder of Crescent Bay Holdings in Scottsdale, Ariz., has said there’s “no reason we can’t have dirt flying” in the first half of 2016 at the Villages.
At Park Highlands West, where construction crews installed utilities, graded roads and did other work be-fore everything flopped, homebuild-ing could start this year, said Joe Aguirre, spokesman for Irvine, Calif.-based SunCal, the largest landowner there.
“We are all very much looking for-ward to the day when we will break ground on this new community,” Agu-irre said.
They won’t be finished anytime soon. Building the Villages, for in-stance, could take up to 15 years, “de-pending on how the market recovers,” Wolin said.
Southern Nevada’s once-roaring homebuilding industry was all but wiped out by the recession and still
has its up and downs. Sales rose fast from the depths of the downturn for a few years, fell hard in 2014, but now are rising again.
Las Vegas’ homebuilding market is dominated by large, publicly traded companies such as Lennar Corp. and KB Home. Builders buy land in mas-ter-planned communities to develop subdivisions, and whenever there’s an uptick in demand for new homes, there’s plenty of money out there “to take advantage of it,” Wolin said.
Park Highlands isn’t the only com-munity to rise from the dead. Other minicities that got derailed during the recession but now are back in busi-ness include 2,200-acre Cadence in Henderson, 1,700-acre Skye Canyon in northwest Las Vegas, and 1,900-acre Inspirada in Henderson. Also, an hour’s drive north of Las Vegas, devel-opers of Coyote Springs — which has been planned for at least 15 years but is vacant except for an 18-hole golf course — are looking to revive the long-stalled, 43,000-acre project.
But unlike other big projects in the valley that stumbled, Park High-lands, straddling the 215 Beltway near
Aliante resort, has been slower to get back on its feet.
“It’s like with anything,” said Gina Gavan, director of economic and business development for North Las Vegas. “You can’t really get to deci-sions when there’s too many cooks in the kitchen.”
n n n
During the boom years, investors shelled out hundreds of millions of dollars at government auctions for land around the valley, with plans for massive projects. Developer John Ritter’s Focus Property Group, for instance, led a group that paid $510 million in February 2005 for roughly 1,700 acres in northwest Las Vegas. Ritter outbid Olympia Cos. founder Garry Goett for the property, but in November 2005, Goett outbid Ritter for Park Highlands, leading a group that paid $639 million.
During the bidding, the price re-portedly swelled by tens of millions of dollars each second.
Las Vegas was one of the fastest-growing metro areas in the country last decade, fueled in no small part by
North Las Vegas, which saw its popu-lation soar 65 percent from 2000 to 2005, to about 190,000. The real es-tate market was white-hot, and Park Highlands’ potential seemed limit-less.
North Las Vegas officials wanted it to have a more affluent bent than the neighboring Aliante community, and the project was led by Goett, who developed the Southern Highlands community in the south valley and had a great track record, said lobbyist Bob Gronauer, who’s been involved with Park Highlands since the begin-ning.
“Everything was very positive,” he said.
There was “always the possibility, however remote, that the raw land will not be developed into finished lots,” analysts with bond-ratings firm Moody’s Investors Service said in a report in early 2006. But, they added, it seemed that “each additional ca-sino or hotel that is built ... tends to support a growing housing market.”
Moreover, Goett’s group paid a dis-count compared with previous feder-al auctions, which should help “pro-vide a bit of added cushion in case the housing market in Las Vegas were to weaken unexpectedly,” the analysts wrote.
When the bubble burst, Southern Nevada was one of the hardest-hit areas of the country, and few cities locally were pummeled as hard as North Las Vegas, which declared a fis-cal municipal emergency.
By early 2012, 31 percent of U.S. homeowners with mortgages were underwater, meaning their debt out-weighed their home value. In North Las Vegas, roughly 81 percent were underwater, according to Zillow.
By early this year, about 31 per-cent of North Las Vegas homes were upside-down, double the national av-erage.
n n n
Plans call for the Villages to have at least 8,600 homes, Gavan said. That would include higher-end, semi-custom or custom homes, and the project site is near its new namesake, the Tule Springs Fossil Beds National Monument.
It’s also the city’s largest residential project in the pipeline, Gavan said.
In 2014, when developers were pro-posing to split Park Highlands, Mayor John Lee said they were “showing America ... that we’re open for busi-ness again.”
“It’s like with anything. You can’t really get to deci-sions when there’s too many cooks in the kitchen.”
— gina gavan, director of economic
and business development for North Las Vegas
8april 10-april 16VEGAS INC
Park Highlands’ previous plans called for 15,750 homes, as well as schools, fire and police stations, a library and 130 acres of parks and trails. Construction began in 2007, but when the market tanked, so did master-planned commu-nities.
Ritter, for instance, lost his 1,700-acre site to foreclosure in 2008 without having built a thing. Goett, backed by New York investment firms, later ac-quired the property from lenders and now is developing it as Skye Canyon.
Local officials didn’t give up hope for Park Highlands.
“North Las Vegas is transitioning from a blue-collar, high-crime percep-tion to more of a fast-paced profession-al-quality-development type of commu-nity,” then-City Manager Gregory Rose said in 2008. “I believe Park Highlands helps this transition as a community.”
Goett, however, filed bankruptcy protection for the project in 2009. Hill-wood Communities in Dallas later ac-quired the project’s holding company, and then in 2011, Park Highlands went bankrupt again.
The real estate industry was on life support, and property in Park High-lands sold for next to nothing. Original investors lost “hundreds of millions of dollars,” said former North Las Vegas Mayor Mike Montandon, who acquired some 70 acres in Park Highlands a few years ago with a partner.
“It went down pretty hard on them,” said Montandon, a real estate industry veteran.
Wolin’s Crescent Bay, backed by New-port Beach, Calif., investment firm KBS, bought 1,375 acres — half the site — at a bankruptcy auction for $21 million, in what lobbyist Gronauer said was a day-long bidding war with Hillwood.
That company is part of a lengthy list of landowners that have come and gone or still hold stakes. They include Las Vegas homebuilder Larry Canarelli, founder of American West Homes; New York investment firm Angelo, Gordon & Co.; Irvine, Calif.-based builder Stan-dard Pacific Homes; Goett’s Olympia; SunCal; Montandon and former busi-ness partner Jim Zeiter, whose property has since been carved out of the project borders; and Texas-based homebuilder D.R. Horton.
Asked whether it’s tough keeping track of everyone, Gronauer laughed.
“Yeah, it is,” he said.By nature, the project wasn’t going to
be easy — the site is sliced into chunks by the Beltway, existing neighborhoods and separately owned land. And despite the large group of investors, no one was appointed after the bankruptcies to oversee everything, and anyone could block plans for the project.
It was like a partnership with no operating agreement, or a company with no bylaws — just “a bunch of shareholders with no management,” Wolin said.
Last year, however, the investors received City Council approval to split the project into two parts. Cres-cent Bay controls 90 percent of the Villages at Tule Springs, but Park Highlands West is more fractured. SunCal owns about 200 of the 600
acres, and four other groups control the rest, SunCal’s Aguirre said.
During the recession, Crescent Bay wanted to buy property here when others were shying away, and even though North Las Vegas was viewed as being in terrible shape, it didn’t mean the city would never recover, Crescent Bay co-founder Geoff Beer said.
“That was our belief when we bought the land,” he said.
Wolin, for one, isn’t convinced that their heavily discounted deal was as much of a steal as he initially thought.
“It will be an OK deal in the end,” he said.
The project has moved slowly, but it’s alive, and the Villages has a new development agreement with the city, a key, early step for any major project.
“Getting to where we are today,” Gronauer said, “is just a miracle.”
special focus on constructionSend your business-related information to [email protected]
9april 10-april 16VEGAS INC
“ I trust City National the same way parents trust us.”City National’s expert advice and attention helps City National’s expert advice and attention helps us to be more efficient in our day to day operations us to be more efficient in our day to day operations which means I can spend more of my time focused which means I can spend more of my time focused on our students’ success. For the last 30 years, 100% on our students’ success. For the last 30 years, 100% of our graduates have gone on to college. That’s the of our graduates have gone on to college. That’s the most important number I look at.most important number I look at.
City National is City National is The way up® for our school.® for our school.®
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Call (702) 425-6559Call (702) 425-6559to speak to a business banker.to speak to a business banker.
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Unions certified to represent workers at Trump InternationalBy j.d. morrisStaff Writer
A federal labor official has certified the Culinary and Bartenders unions as the legal collective bargaining rep-resentatives at the Trump Interna-tional Hotel in Las Vegas, per a recent decision that the hotel was expected to challenge.
The Culinary revealed in a state-ment that a regional director of the National Labor Relations Board re-jected objections from the hotel to a December election in which a major-ity of eligible hotel employees voted for union representation.
In the decision dated March 21, the regional director affirmed previous rulings from a hearing officer, which the decision said were “free from prejudicial error.”
“I have considered the evidence and the arguments presented by the parties and … I agree with the hear-ing officer that all of the employer’s objections should be overruled,” Re-gional Director Cornele Overstreet
wrote in the decision.Culinary Workers Local 226 and
Bartenders Local 165, both affiliates of the national Unite Here union, have been trying to organize work-ers at the off-Strip Trump hotel since 2014.
Their efforts panned out in a two-day election in early December, when 238 voters cast ballots in favor of union representation and 209 cast ballots against it, according to the regional director’s decision. In total, 523 voters were eligible.
But the Trump International has pushed back on the results of the election, arguing that it wasn’t a fair process.
For example, Jill Martin, assistant general counsel for the Trump Orga-nization, said in an emailed statement after the hearing officer’s decision that it had “erroneously disregarded the severe misconduct undertaken by union agents, which clearly impacted an incredibly close organization.” Martin said the Trump Organization
would continue its efforts to “ensure a fair election for our valued associ-ates, many of whom vigorously op-pose union representation.”
The Culinary said the hotel had in-dicated it would ask the labor board in Washington, D.C., to review Over-street’s decision.
Overstreet’s 10-page decision de-tails a list of objections from Trump Ruffin Commercial LLC, the entity identified as the employer in the case, and agrees with the hearing officer’s previous recommendations to over-rule them. Treasure Island owner Phil Ruffin and Republican presiden-tial candidate Donald Trump are co-owners of the Trump International.
Among the many objections over-ruled by Overstreet were claims of “objectionable misconduct” from a union election observer and election-eering from committee leaders and union supporters, according to the decision.
Jeffrey Wise, a food server at the Trump International, said in the Culi-
nary’s statement that those who voted for union representation wanted to negotiate a fair contract with Trump.
“We voted and won. Now, it’s time for him to listen to us, the voters, and finally do the right thing by making a deal with his employees,” Wise said in the statement.
Similarly, Geoconda Arguello-Kline, the Culinary’s secretary-trea-surer, repeated the union’s call for Trump to “make America great again” by “start(ing) right here in Las Vegas at his hotel.”
Separately, the Trump Interna-tional also faces a hearing over a com-plaint that alleges the hotel promised job opportunities to workers who ditched their union support, among other claims. Martin has called the allegations in that complaint “com-pletely without merit.”
The hearing on that matter was sup-posed to be held April 12, but counsel for the labor board’s general counsel has filed a motion to postpone it until May or June.
special focus on constructionSend your business-related information to [email protected]
10april 10-april 16VEGAS INC
It’s a no brainer. We don’t turn any child away from treatment.
At the Children’s Specialty Center of Nevada we treat all
children for life-threatening conditions, including cancer,
blood diseases, rare and ultra rare diseases, rheumatology
and genetic conditions. We have the most comprehensive
collection of Board Certifed Pediatric Hematology-
Oncology physicians of any outpatient clinic in the state.
As a member of the Children’s Oncology Group, the leading
network of pediatric cancer physicians and treatment
centers in the country, our patients have access to the latest
research and promising clinical trials.
We created the frst Long-Term Follow-Up Clinic for
childhood cancer survivors to address their specifc needs
and keep them healthy far into the future. We recruited the
state’s only physician trained in Pediatric Neuro-Oncology
to give patients with brain and spinal cord tumors a level
of expertise never available in Nevada before. We are also
creating an outpatient Pediatric Palliative Care Program
for families whose children are afected by life-limiting
conditions.
As a nonproft organization, our mission is to provide the
best patient care possible to all children, including those
without medical insurance or whose familes are unable to
pay for treatment. These are our founding principles.
We’re local. We’re nonproft. We’re always working to
improve treatment options for Nevada’s kids.
TO DONATE | Please visit cure4thekids.org or call
(702)-732-0232.
3121 South Maryland Parkway
Third Floor, Suite 300, Las Vegas, NV 89109
702.732.1493 | cure4thekids.org
Actual Patient: Lillian, 7, diagnosed with Pre B Acute Lymphoblastic
Leukemia in 2011 celebrated her last treatment in January 2014.
Jonathan Bernstein, M.D.
Cure 4 The Kids Foundation Founder and Medical Director
Board Certifed Pediatric Hematology/Oncology
Alan Ikeda, M.D.
Director of Oncology
Board Certifed Pediatric Hematology/Oncology
Alexandra Walsh, M.D., MSPH
Board Certifed Pediatric Hematology/Oncology
Waseem Alhushki, M.D.
Board Certifed Pediatric Hematology/Oncology
Nik Abdul-Rashid, M.D.
Board Certifed Pediatric Hematology/Oncology
Kanyalakshmi Ayyanar, M.D.
Board Certifed Pediatric Hematology/Oncology
Pediatric Neuro-Oncologist
Arlene Bayreder
Nurse Practitioner
Angela Berg, DNP, APRN, CPNP
Pediatric Palliative Care Outpatient Program
HEMATOLOGY/ONCOLOGY | RHEUMATOLOGY | BLOOD DISORDERS | RARE AND ULTRA RARE DISEASES
GENETIC CONDITIONS | LONG TERM FOLLOW UP FOR CHILDHOOD CANCER SURVIVORS
Danielle T. Bello, Ph.D. Psychology/Neuropsychology
Diane E. Brown, M.D. Ph.D. Board Certifed Pediatric Rheumatology
Katherine Marzan, M.D. Board Certifed Pediatric Rheumatology
Lisa Majlessi, M.D. Board Certifed Internal Medicine and Rheumatolgy
Nicolo Longo, M.D., Ph.D. Genetics
AWARDS
***
MALE ATHLETE OF THE YEAR
FEMALE ATHLETE OF THE YEAR
SCHOLAR ATHLETE OF THE YEAR
CITIZEN OF THE YEAR
+ MOREGreenspun Media Group hosts the first LAS VEGAS SUN STANDOUT AWARDS.
The awards will celebrate the past year in all high school sports in Southern Nevada, looking back
at the top games, moments, teams and players.
From the leaders in High School sports
coverage, we invite you to cheer
and support our local athletes.
MAKE YOUR PICKS AT
WWW.LASVEGASSUN.COM/NOMINATE
*Nominations due end of April 2016
*Special feature in the 5/22 issue of The Sunday
burke, from page 1
Commercial construction in ‘a regrowth mode’talk about where his company and the construction industry have been, where they are going and what it means for the Las Vegas Valley.
How did your company get its start?
Burke Construction Group began in 1984 when my brother, Tim Burke, left the local office of Sletten Con-struction to start the company. We originally focused on the private and federal sectors, with early projects at the Nevada Test Site and Nellis Air Force Base. With very little capital, we were fortunate to have clients who believed in us and helped us through those formative years.
To what do you attribute your company’s growth?
Being on the front end of growth in-dustries. We tend to be able to sense the growth markets and get there before everyone else does. We have positioned ourselves to meet the de-mands of a geographically diverse marketplace.
How would you describe the state of construction in Las Vegas today?
Albeit volatile, the commercial construction market is in a regrowth mode. As noted in the most recent Center for Business and Economic Research indexes for Southern Ne-vada, both employment and commer-cial permits are trending upward, both month-over-month and year-over-year.
That said, commercial permit ac-tivity, while increasing, still is rela-tively low and unpredictable. Quite a bit of downward pressure still exists on project profit margin for subcon-tractors and general contractors.
How far has the construction sector come since the reces-sion?
A very long way, as construction in Nevada was in a depression and was the hardest-hit industry in the state. Construction employment in Ne-vada plummeted for almost six con-secutive years, bottoming out in 2012 with the loss of more than 90,000 jobs, or a 60 percent decline.
What’s unique about the con-struction industry here?
Burke Construction Group builds
in various parts of the country, and we always return to the reality that we have a highly skilled and flexible workforce with an amazing “can-do” attitude in Nevada. We simply love building in Las Vegas.
Where does the industry need to go next?
The construction boom that we ex-perienced for many years was driven in large part by steady population growth. We need positive, sustained population growth to fuel the con-struction markets going forward.
Which construction sectors are booming?
I would not say that any one sector is booming at this point. Moreover, we have seen steady regrowth in sev-eral core markets. My sense is that we may never see our market “boom” again as it has in the past, but I would take steady year-over-year growth over a boom market.
Which sectors are hurting, if any?
Many of Southern Nevada’s core construction markets — office, in-dustrial, retail, multifamily, medical, gaming/hospitality — have seen posi-tive trends. The senior care/housing market still is lagging due in part to seniors’ equity being trapped in their homes and therefore their inability to be relocated to senior communi-ties, combined with a lack of popula-tion growth, particularly in the se-nior demographic.
What are your predictions for the industry in 2016? How about over the next five to 10 years?
Technology continues to drive our industry by way of software, “lean construction” (a method to design pro-duction systems to minimize waste of materials, time and effort in order to generate the maximum possible amount of value) and materials tech-nologies (glass, battery, renewable en-ergy). It will be amazing to be a part of the industry over the next 10 years, to see the rapid pace of innovation.
Headwinds for our industry will continue to be the skilled-labor shortage. A significant portion of em-ployees who left the industry during the recession never returned, and companies still are struggling to find workers at all levels to properly staff their teams.
What are some current trends you’re seeing in construction?
Prefab/offsite construction meth-ods will become more popular. Build-ing information modeling will be-come a necessity on projects. Green building will continue to grow across all markets.
Which projects have made you most proud?
When I think of our projects, what I really think of are the clients whom we have been so fortunate to build for, including Cashman Equipment in Henderson; Las Ventanas, a con-tinuing-care retirement community;
Pirch, a home products retailer that is rated America’s 25th-most promis-ing company; and Mandarin Oriental at CityCenter.
Describe a couple of those projects.
Pirch enlisted the services of Burke Construction Group to build head-quarters, distribution centers and several retail locations across the United States. Each project ranged from 25,000 to 52,000 square feet. The retail locations feature 18 kitch-en vignettes, a live demonstration kitchen for guest chef appearances, a back-of-house support kitchen that produces nearly 1,000 meals daily and a fully active outdoor kitchen featuring a pizza oven, grill tops, beer refrigeration and more. Pirch corpo-rate headquarters, the largest proj-ect, includes a full-service kitchen for employees, along with the customary Bliss Café.
Built on 53 acres, the 300,000-square-foot, seven-build-ing Cashman industrial complex received multiple 2009 NAIOP Spot-light Awards. All required infra-structure was completed, as well as roads and parking areas on the site. The campus houses the company headquarters, administrative offices, equipment rental, equipment repair, training facilities, sales operations and warehousing. It was built using proven LEED strategies and cutting-edge construction techniques, and remains the largest office/industrial gold-certified project in Nevada.
What have been the biggest challenges you’ve faced?
Leading our company through the economic downturn and then back out to regrowth. Much should be at-tributed to our staff’s mentality and tenacity in that, as we saw the lo-cal market go into a depression-like state, we took a “burn the ships” mentality. There was only one direc-tion we could take, and that was for-ward. Forward, as we defined it, was continued geographic diversification and market diversification aided in part by the shale oil-and-gas boom in North Dakota and by an emerging market in experiential retail.
What’s on the horizon? For us, it is all about regrowth in
our core and new markets.
mandarin oriental was one of the largest LEED gold-certified construction
projects in state history and one of Burke Construction Group CEO Kevin Burke’s
most memorable jobs. (ChristOphEr DevarGas/staff fiLE)
special focus on constructionsend your business-related information to [email protected]
VEGAS INC15
april 10-april 16
2016 BOOK OF BUSINESS LISTS
EXOTICS RACING3.31.16
Photog: Wade Vandervort
Calendar of eventsMonday, april 11
Swing for Success Golf Tournament
Time: 7:30 a.m.-1:30 p.m. Cost: $250 per per-
son, $950 for a team of four
Location: Reflection Bay Golf Club, 75 Monte
Lago Blvd., Henderson
Information: Call 702-209-3967
Network with business and community leaders
while playing golf. Proceeds from the tourna-
ment will support Nevada State College and the
Henderson Chamber of Commerce.
Tuesday, april 12 Networking breakfast
Time: 7-9 a.m. Cost: $28 for Henderson cham-
ber members, $48 for nonmembers, additional
$10 for walk-ins
Location: Fiesta Henderson, Cancun Room, 777
W. Lake Mead Parkway, Henderson
Information: Call 702-565-8951
Learn how the Henderson Chamber of Com-
merce is tackling state and local issues and
discuss plans for 2016 candidate endorsements.
“Been There, Done That”
Time: 7-9 a.m. Cost: Free
Location: The Office Squad, Big Conference
Room, 7495 W. Azure Drive, Suite 110, Las Vegas
Information: Call 702-649-3495
Learn from local business owners what has
made them successful, what has contributed
negatively to their business and what they have
planned.
Large Vision Business Network Mixer
Time: 6-9 p.m. Cost: Free
Location: Suncoast, Grand Ballroom, 9090 Alta
Drive, Las Vegas
Information: Call 702-639-6964
Dozens of businesses will showcase their
products and services at the “April Showers of
Business Growth” expo. Meet with companies
looking for agents, consultants, distributors and
sales representatives, and get answers to ques-
tions about start-up companies.
Wednesday, april 13
Keystone Corp. annual meeting
Time: Noon-1:30 p.m. Cost: $40
Location: Las Vegas Country Club, 3000 Joe W.
Brown Drive, Las Vegas
Information: Call 702-952-2456
Nevada Attorney General Adam Laxalt will be
the featured speaker.
MBA programs information session
Time: 5:30-6:30 p.m.* Cost: Free
Location: UNLV, Building WRI-C 302, 4505 S.
Maryland Parkway, Las Vegas
Information: Visit unlv.edu/mba/infosessions
Lisa Davis, associate director of the UNLV Lee
Business School MBA program, will provide
information about curriculum, entrance require-
ments and the application process.
*Also: May 9
Thursday, april 14
“Nevada’s Community
Colleges: A Path Forward”
Time: 9 a.m.-12:30 p.m. Cost: Free
Location: CSN Charleston Campus, Building I,
Room 108, 6375 W. Charleston Blvd., Las Vegas
Information: Call 702-895-0088
Contribute to a conversation about college gov-
ernance structures and policies that can improve
two-year college governance. The event will
include lunch and small group discussions about
legislative recommendations, finance, gover-
nance and workforce alignment.
“The Sky’s the Limit”
Time: 5:30 p.m. Cost: $250
Location: Aria, 3730 Las Vegas Blvd. South, Las
Vegas
Information: Email [email protected]
Join business, education and government lead-
ers for the presentation of the Nevada Medal,
the highest scientific honor in the state, to Mary
“Missy” Cummings. Cummings is one of the
United States’ first female fighter pilots and is a
leading researcher on human interactions with
unmanned aerial systems.
Friday, april 15
Latin Chamber of Commerce business and
networking luncheon
Time: 11 a.m.-1 p.m. Cost: $45 in advance for
Latin chamber members, $50 in advance for
nonmembers, $55 at the door
Location: Nevada State College, Rogers Student
Center, 1021 Paradise Hills Drive, Henderson
Information: Call 702-385-7367
Celebrate Nevada State College’s commitment
to Latino achievement.
United Way of Southern Nevada’s
Women’s Leadership Council
luncheon and fashion show
Time: 11:30 a.m.-1:30 p.m. Cost: $154
Location: Paris Las Vegas, Champagne Ball-
room, 3655 Las Vegas Blvd. South, Las Vegas
Information: Call 702-892-2368
Learn about the Women’s Leadership Council’s
impact on the community and the female lead-
ers committed to improving Southern Nevada.
saTurday, april 16 Medical marijuana symposium
Time: 8 a.m.-3 p.m. Cost: $80 for Clark County
Medical Society and Nevada State Medical As-
sociation members, $130 for nonmembers
Location: Vegas PBS Technology Campus, 3050
E. Flamingo Road, Las Vegas
Information: Call 702-739-9989
This symposium is designed for medical pro-
fessionals, to increase their knowledge about
medicinal uses of marijuana. Learn how products
are tested and dispensed, with a focus on legal
and regulatory issues.
Business and marketing seminar
Time: 9 a.m.-noon Cost: Free
Location: Urban Chamber of Commerce, Busi-
ness Development Center, 1951 Stella Lake St.,
Las Vegas
Information: Call 702-229-6862
Learn about entrepreneurialism as it relates to
trusts and estate planning.
Conventions exPeCTeD ShoW LoCATioN DATeS ATTeNDANCe
National Cancer Registrars Association Annual Conference Westgate April 10-13 799
international Textiles and Sewing Products expo Rio April 11-13 400
National Association of Broadcasters Las Vegas Convention Center April 18-21 103,000
Golf Digest Think Young Play hard invitational Aria April 21-24 250
Falmouth institute inc. Tribal Secretaries
and Administrative Professionals Conference Tropicana April 23-30 300
your Business-to-Business newsSend your business-related information to [email protected]
VEGAS INC17
april 10-april 16
VEGAS INC18
april 10-april 16
Records and TransactionsBankruptciesCHAPTER 7Vista Exhibits Inc.3220 E. Charleston Blvd. Las Vegas, NV 89104Attorney: Michael M. Lin at [email protected]
Computer Systems Unlimited Inc.P.O. Box 751239Las Vegas, NV 89136Attorney: Mark W. Patterson at [email protected]
Bid OppOrtunitiesWEDNESDAY, APRIL 133 p.m.Independent living servicesClark County, 603994Sherry Wimmer at [email protected]
THURSDAY, APRIL 142:15 p.m.Desert Breeze Community Center: dehumidifier replacement and rehabilitationClark County, 604022Sandy Moody-Upton at [email protected]
2:15 p.m.Sandy Valley Park: Ballfield restroomClark County, 604043Sandy Moody-Upton at [email protected]
FRIDAY, APRIL 152:15 p.m.Rainbow Boulevard, Cactus Av-enue to Blue Diamond RoadClark County, 603846Tom Boldt at [email protected]
2:15 p.m.Traffic signal system modification at Decatur Boulevard and Haci-enda AvenueClark County, 604031Tom Boldt at [email protected]
3 p.m.Prescription benefits manager services for Clark County’s Self-Funded Prescription Drug PlanClark County, 604027Chetan Champaneri at [email protected]
BrOkered transactiOnsSALES$5,100,000 for 57,838 square feet, industrial Address: 2900 Patrick Lane, Las Vegas 89120Seller: Dowsett Point
Seller agent: Joe Leavitt and Chris Lexis of Avison YoungBuyer: Harsch Investment PropertiesBuyer agent: Did not disclose
$2,750,000 for 21,003 square feet, retailAddress: Southwest corner of Craig Road and Decatur Boule-vard, Las Vegas 89032Seller: Professional Properties of Las Vegas LLCSeller agent: Tina D. Taylor and Can-dace Carrell of Marcus & MillichapBuyer: Did not discloseBuyer agent: Did not disclose
$425,000 for 8 units, multi-family residential Address: 3821 Royal Crest St., Las Vegas 89119Seller: DII Properties LLCSeller agent: Marc Magliarditi of Logic CommercialBuyer: John KapoglanisBuyer agent: Did not disclose
$390,000 for 2.42 acres, land Address: North Lamb Boulevard, Las Vegas 89115Seller: Lamb Boulevard and Las Vegas LLCSeller agent: Mark Anthony Rua of Realty Executives of NevadaBuyer: Lambeau LLCBuyer agent: Ben Millis and Chris Beets of Newmark Grubb Knight Frank
LEASES$251,150 for 2,628 square feet for 63 months, retailAddress: 6525 S. Fort Apache Road, Suite 165, Las Vegas 89148Landlord: Monterey Vista Village Shopping CenterLandlord agent: Liz Clare, Jackie Young and Kris Watier of Avison YoungTenant: KPZ InvestmentTenant agent: Jason Otter of Logic Commercial
$178,648 for 1,438 square feet for 60 months, retail, NNN investmentAddress: 8180 Blue Diamond Road, Suite 120, Las Vegas 89178Landlord: Sunstone Diamond LLCLandlord agent: Nelson Tressler and Michael Zobrist of Newmark Grubb Knight FrankTenant: FoxRed57 LLC dba Carpe Diem Juice Co.Tenant agent: Did not disclose
Business licensesO’Bannon PlazaLicense type: Business space rent or leaseAddress: 2201 S. Rainbow Blvd., Las Vegas 89117Owner: O’Bannon Plaza
On the Spot AirLicense type: Contractor
Address: Did not discloseOwner: On the Spot Air
One Stop 4 FlooringLicense type: Professional servicesAddress: 2200 Civic Center Drive; 6150 W. Flamingo Road; 7300 W. Azure Drive, Suite 110, North Las Vegas 89030Owner: One Stop 4 Flooring LLC
Oxford Technology Inc.License type: Professional servicesAddress: 131 W. Cleveland Ave.; 2217 Fairfield Ave.; 2301 Fairfield Ave., Las Vegas 89102Owner: Oxford Technology Inc.
Pamela Ruby PhotographyLicense type: PhotographyAddress: 704 Summerland Drive, Henderson 89002Owner: Pamela Ruby
Patricia FrenzelLicense type: Business supportAddress: Did not discloseOwner: Patricia Frenzel
Pedersen Travel Services LLCLicense type: Travel agencyAddress: 2685 Niddrie Ave., Hen-derson 89044Owner: Pedersen Travel Services LLC
Phenomenal TowingLicense type: Automobile towing Address: 2039 W. Bonanza Road, Las Vegas 89106Owner: Phenomenal Towing
Planet Auto LLCLicense type: Auto salesAddress: 2246 Losee Road, North Las Vegas 89030Owner: Planet Auto LLC
Prestige Assisted Living at Mira LomaLicense type: Group care facilityAddress: 2520 Wigwam Parkway, Henderson 89074Owner: Henderson Ventures Too LLC
Productos BlanquitaLicense type: General retail salesAddress: 4530 E. Charleston Blvd., Suite B56, Las Vegas 89110Owner: Productos Blanquita
Providence Fuel StopLicense type: Convenience store Address: 7161 N. Hualapai Way, Las Vegas 89166Owner: Providence Fuel Stop
Pupusas Mi GuanaquitaLicense type: Mobile food vendorAddress: 1401 E. Charleston Blvd., Las Vegas 89101Owner: Pupusas Mi Guanaquita
Purity Pool Plus LLCLicense type: Residential property maintenanceAddress: Did not discloseOwner: Purity Pool Plus LLC
Purple Penguin
License type: RestaurantAddress: 401 E. Horizon Ridge Parkway, Henderson 89002Owner: Sugar Shack LLC
Q Arts AcademyLicense type: Instruction servicesAddress: 3100 E. Charleston Blvd., Suite 111, Las Vegas 89101Owner: Q Arts Academy
QM Media AgencyLicense type: Professional promoterAddress: 3100 E. Charleston Blvd., Suite 111, Las Vegas 89101Owner: QM Media Agency
Quality ServicesLicense type: Maintenance servicesAddress: 5246 Acacia Grove St., North Las Vegas 89031Owner: Victor A. Garcia
RAAC Manager W. ServiceLicense type: Recycle waste haulersAddress: 845 N. Eastern Ave., Las Vegas 89101Owner: RAAC Manager W. Service
Real MassageLicense type: Independent mas-sage therapistAddress: 6530 Annie Oakley Drive, Las Vegas 89014Owner: Real Massage
Rebel License type: Convenience storeAddress: 3540 E. Lake Mead Blvd., North Las Vegas 89030Owner: Nevada AK Inc.
Reborn Bath SolutionsLicense type: ContractorAddress: 6625 S. Valley View Blvd., Suite 106, Las Vegas 89118Owner: Reborn Cabinets Inc.
Red Rock Documents SolutionsLicense type: General services - counter/officeAddress: Did not discloseOwner: Red Rock Documents Solutions
Retro City Games LLCLicense type: Sales/servicesAddress: 6100 Mountain Vista St., Suite 120, Henderson 89014Owner: Retro City Games LLC
Rock Bottom FoundationLicense type: Residential property maintenanceAddress: Did not discloseOwner: Rock Bottom Foundation
Sandoval Automobile AccessoriesLicense type: General retail salesAddress: 1560 N. Eastern Ave., Suite 3, Las Vegas 89101Owner: Sandoval Automobile Ac-cessories
Santana BakesLicense type: BakeryAddress: 5913 Rose Creek Court, North Las Vegas 89031
Owner: Santana Bakes LLC
Save-A-LotLicense type: Convenience storeAddress: 4440 E. Charleston Blvd., Suite 150, Las Vegas 89110Owner: Save-A-Lot
Sean ShelbyLicense type: Real estate salesAddress: 5550 Painted Mirage Road, Suite 140, Las Vegas 89149Owner: Sean Shelby
Shaggy’s Shave IceLicense type: CafeAddress: 439 Rock Quarry Way, Las Vegas 89032Owner: Shaggy’s Shave Ice
Shawnna MaxwellLicense type: Independent mas-sage therapistAddress: Did not discloseOwner: Shawnna Maxwell
Shining Bright Cleaning ServicesLicense type: Residential property maintenanceAddress: 3209 Bublin Bay Ave., Las Vegas 89081Owner: Shining Bright Cleaning Services
Shopping Center Services & Main-tenanceLicense type: Contractor Address: 2912 Highland Drive, Suite E, Las Vegas 89109Owner: Shopping Center Services & Maintenance
Showbiz Weekly Inc.License type: Management or consulting serviceAddress: 2275 Corporate Circle, Suite 300, Henderson 89074Owner: Showbiz Weekly Inc.
Silver State Events LLCLicense type: Management or consulting serviceAddress: 2005 Yosemite Court, Las Vegas 89074Owner: Silver State Events LLC
Silver State ProductionsLicense type: General services - counter/officeAddress: 117 N. Fourth St., Suite 1, Las Vegas 89101Owner: Silver State Productions
Simon ProtectionLicense type: Professional servicesAddress: 2585 S. Bronco St., Las Vegas 89146Owner: Simon Protection
Smoke & Pro-ClubLicense type: Sales/servicesAddress: 3315 W. Craig Road, North Las Vegas 89030Owner: Cindy Lim
Sound TechLicense type: General retail salesAddress: 4530 E. Charleston Blvd.,
THE DATASend your business-related information to [email protected]
VEGAS INC19
april 10-april 16
Records and TransactionsSuite A1, Las Vegas 89110Owner: Sound Tech
South Philly Steaks & FriesLicense type: Restaurant Address: 5051 Stewart Ave., Suite 108, Las Vegas 89110Owner: South Philly Steaks & Fries
Specialized Products Inc.License type: General retail salesAddress: Did not discloseOwner: Specialized Products Inc.
Stained SplintersLicense type: General retail salesAddress: Did not discloseOwner: Stained Splinters
Stargaze FragrancesLicense type: General retail salesAddress: 1717 S. Decatur Blvd., Suites H28, H29, I06, Las Vegas 89102Owner: Stargaze Fragrances
StellaLicense type: Mobile food vendorAddress: 4255 Dean Martin Drive, Suite G, Las Vegas 89103Owner: Stella
Strategic Medical ManagementLicense type: Management or consulting serviceAddress: 801 S. Rancho Drive, Suite C1, Las Vegas 89106Owner: Strategic Medical Manage-ment
Subway License type: RestaurantAddress: 2400 N. Rancho Drive and 2600 W. Sahara Ave., Suite 117, North Las Vegas 89130Owner: Subs4U Inc.
Summerlin Residential ServicesLicense type: Residential property maintenanceAddress: Did not discloseOwner: Summerlin Residential Services
Sweet Addictions, Cookies & Ice CreamLicense type: RestaurantAddress: 2291 N. Green Valley Parkway, Henderson 89014Owner: Jades Investments LLC
Sweetpotato AwesomeLicense type: Nonfarm product vendorAddress: 300 N. Casino Center Blvd., Las Vegas 89101Owner: Sweetpotato Awesome
T&J Appliance & Garage Door LLCLicense type: Repair and mainte-nanceAddress: Did not discloseOwner: T&J Appliance & Garage Door LLC
Therapeutic Works LLCLicense type: Interjurisdictional businessAddress: 6000 S. Eastern Ave.,
Suite 14K, Las Vegas 89119Owner: Therapeutic Works LLC
Thistle DKILicense type: ContractorAddress: 2710 Highland Drive, Las Vegas 89109Owner: Thistle Construction Inc
Tiffany WilliamsLicense type: Independent mas-sage therapistAddress: 3685 Lily Haven Ave., Las Vegas 89120Owner: Tiffany Williams
Total ExhibitsLicense type: Trade show servicesAddress: 89 Myrtle Beach Drive, Henderson 89074Owner: Ruben Flores
Valley Wide Leak DetectionLicense type: Professional servicesAddress: 2433 Cliffwood Drive, Henderson 89074Owner: Inocencio Amaral
Wash Myne CarLicense type: Automobile servicesAddress: 3402 Genesee Gorge Ave., North Las Vegas 89030Owner: Wash Myne Car LLC
101 Wireless World 2License type: General retail salesAddress: 5051 Stewart Ave., Suite 108, Las Vegas 89110Owner: 101 Wireless World 2
A-Zatural Preservations Services LLCLicense type: Property mainte-nanceAddress: 2920 N. Green Valley Parkway, Suite 218, Henderson 89014Owner: A-Zatural Preservations Services LLC
Aces High Tobacco & GiftsLicense type: Tobacco dealerAddress: 101 S. Rainbow Blvd., Suite 18, Las Vegas 89107Owner: Aces High Tobacco & Gifts
BUilDiNG pErMiTS$2,200,000, tenant improvement - theaters4949 N. Rancho Drive, Las VegasAR Mays Construction Inc.
$1,415,416, residential - custom710 Dragon Ridge Drive, HendersonCherng Family Trust
$1,266,863, commercial - alteration2189 W. Craig Road, North Las VegasR&O Construction
$625,000, tenant improvement - store6341 N. Decatur Blvd., Las VegasSolex Contracting Inc.
$600,000, tenant improvement
- store4200 Meadows Lane, Las VegasJust Construction and Management
$289,000, pool and/or spa10421 Loma Portal Ave., Las VegasArtistic Pool & Spa Inc.
$287,250, tenant improvement - offices8725 W. Sahara Ave., Las VegasBurke Construction Group Inc.
$253,851, single-family residential - production1637 Quartz Ledge Court, Las VegasD.R. Horton
$252,852, residential - custom1250 Rose Quartz Road, HendersonD.R. Horton Inc.
$245,000, tenant improvement - apartment9103 Alta Drive, Suite 802, Las VegasFenix Construction
$234,553, residential - custom1240 Rose Quartz Road, HendersonD.R. Horton Inc.
$209,379, residential - custom1032 San Eduardo Ave., HendersonGreystone Nevada LLC
$200,000, tenant improvement - residential care7240 W. Oakey Blvd., Las VegasAffordable Concepts Inc.
$200,000, commercial - remodel2275 Corporate Circle, Suite 230, Henderson2275 Corporate Circle LLC
$195,239, residential - production404 Via San Remo Circle, Hen-dersonCentury Communities of Nevada
$181,820, residential - production3213 Porta Cesareo Ave., HendersonToll Henderson LLC
$181,765, residential - production1085 Via Della Curia, HendersonCentury Communities of Nevada
$179,768, residential - production1056 Via Della Costrella, HendersonGreystone Nevada LLC
$175,008, single-family residential - production x23276 and 3280 Grayson Lake Court, Las VegasAdaven Homes LLC
$173,935, residential - new4005 Celebration Cove St., North Las VegasRichmond American Homes of Nevada
$168,721, single-family residential - production351 Pollino Peaks St., Las VegasRyland Homes
$167,958, residential - production2523 Desante Drive, HendersonToll Henderson LLC
$167,751, single-family residential - production257 Castellari Drive, Las VegasWoodside Homes of Nevada LLC
$162,302, residential - produc-tion x22539 and 2575 Desante Drive, HendersonToll Henderson LLC
$156,202, residential - production1408 Thurlow Court, HendersonKB Home Nevada Inc.
$148,827, residential - production2547 Desante Drive, HendersonToll Henderson LLC
$147,940, residential - production286 Divertimento St., HendersonRichmond American Homes of Nevada
$146,942, residential - production47 Nettle Leaf Ave., HendersonRyland Homes
$146,831, residential - production2526 Desante Drive, HendersonToll Henderson LLC
$145,804, disaster1610 E. Charleston Blvd., Suite 110, Las VegasHar Bro Construction & Consulting
$144,845, single-family residential - production9759 Canyon Landing Ave., Las VegasCentury Communities of Nevada
$137,904, residential - production2633 Marvel Astoria St., HendersonBeazer-Inspirada LLC
$137,016, residential - production120 Outcrop Ridge Ave., HendersonPN II Inc.
$136,906, residential - produc-tion x2888 and 908 Harbor Ave., Hen-dersonKB Home LV Pearl Creek LLC
$134,909, residential - production3045 Ryegrass Ave., HendersonPardee Homes of Nevada
$134,440, single-family residential - production x210505 and 10509 Sparks Summit Lane, Las VegasAdaven Homes LLC
$134,440, single-family residential - production x23218 and 3269 Grayson Lake Court, Las VegasAdaven Homes LLC
$132,491, residential - new933 Vegas Palm Ave., North Las VegasCentury Communities of Nevada
$131,409, perimeter retaining wall734 Glowing Horizon St., HendersonGreystone Nevada LLC
$129,143, residential - production1060 Via Della Costrella, HendersonGreystone Nevada LLC
$128,669, residential - production471 Fortissimo St., HendersonRichmond American Homes of Nevada
$126,869, residential - production1141 Strada Cristallo, HendersonCentury Communities of Nevada
$125,705, residential - production2584 Sable Creek St., HendersonPardee Homes of Nevada
$125,705, residential - produc-tion x23037 and 3053 Ryegrass Ave., HendersonPardee Homes of Nevada
$124,823, single-family residential - production9729 Ponderosa Skye Court, Las VegasCentury Communities of Nevada
$123,209, residential - production410 Highspot St., HendersonRichmond American Homes of Nevada
$122,880, single-family residen-tial - production x29748 and 9756 Canyon Landing Ave., Las VegasCentury Communities of Nevada
$121,269, residential - production2580 Sable Creek St., HendersonPardee Homes of Nevada
$121,269, residential - production x23041 and 3049 Ryegrass Ave., HendersonPardee Homes of Nevada
$120,835, residential - new5821 Clear Haven Lane, North Las VegasBeazer Homes Holdings Corp.
$120,014, commercial - remodel3535 Executive Terminal Drive, Suite 200, Henderson3535 Airport Center LLC
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the dataSend your business-related information to [email protected]
FUSCH COMMERCIAL INTERIORS & DESIGN6415 S TENAYA WAY STE 145LAS VEGAS, NV 89113
(702) 202-4227WWW.FCIDESIGN.COM
At FCI & Design, we create functional, unique, and impressionable office environments with style.
your Business-to-Business newsSend your business-related information to [email protected]
The List
* Excludes first-time sales on high-rise units; CalAtlantic Homes and Ryland Homes are reported in aggregate for the year. // Source: Salestraq and VEGAS INC research. It is not the intent of this list to endorse the participants or to imply that the
listing of a company indicates its quality. Although every attempt is made to ensure the accuracy and thoroughness of VEGAS INC 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, 2275 Corporate Circle, Suite 300, Henderson, NV 89074.
Category: home Builders(ranked By 2015 sales volume*)
CompanyYear established
Total sales volume
Total homes sold
Average closing price Top executive
1 Lennar2490 Paseo Verde Parkway, Suite 120Henderson, NV 89074702-877-9600 • lennar.com
1954 $388,977,314 1,109 $350,746 Stuart Miller, CEO
2 D.R. Horton1081 Whitney Ranch Drive, Suite 141Henderson, NV 89014702-635-3600 • drhorton.com/nevada
1978 $288,755,820 834 $346,230 David Auld, CEO
3 KB Home5795 Badura Ave.Las Vegas, NV 89118702-266-8500 • kbhome.com/new-homes-las-vegas
1957 $247,306,340 790 $313,046 Jeffrey Mezger, CEO
4 Richmond American Homes7770 S. Dean Martin Drive, Suite 308Las Vegas, NV 89139702-617-8400 • richmondamerican.com/nevada
1987 $223,484,508 582 $383,994 Nicole Bloom, division president
5 CalAtlantic / Ryland Homes8925 W. Russell Road, Suite 200Las Vegas, NV 89148702-360-7500 • calatlantichomes.com/find-your-new-home/31-las-vegas
1967 $169,965,465 576 $295,079 Larry Nicholson, CEO
6 American West250 E. Pilot Road, Suite 140Las Vegas, NV 89118702-736-6434 • americanwesthomes.com
Did not disclose
$167,656,391 457 $366,863 Did not disclose
7 Pardee Homes4675 W. Teco Ave., Suite 115Las Vegas, NV 89118702-604-3332 • pardeehomes.com
1921 $141,977,823 377 $376,599 Klif Andrews, division president
8 Pulte Homes8345 W. Sunset RoadLas Vegas, NV 89113702-914-4800 • pulte.com
1950 $133,512,414 347 $384,762 Richard Dugas Jr., CEO
9 Woodside Homes3855 S. Jones Blvd., Suite 102Las Vegas, NV 89103702-889-7800 • woodsidehomes.com/new-homes-Las-Vegas-Nevada-7
1977 $123,321,505 295 $418,039 Joel Shine, CEO
10 William Lyon Homes1980 Festival Plaza Drive, Suite 500Las Vegas, NV 89135702-263-8200 • lyonhomes.com/nevada
1987 $123,006,144 188 $654,288 Matthew Zaist, CEO, president
11 Toll Brothers264 Tarragona Breeze Ave.Las Vegas, NV 89138702-243-9800 • tollbrothers.com
1967 $105,032,846 211 $497,786 Douglas Yearley, Jr., CEO
12 Century Communities6345 S. Jones Blvd., Suite 400Las Vegas, NV 89118702-873-5338 • centurycommunities.com
2002 $85,788,435 267 $321,305 Dale Francescon, co-CEO/chairman; Robert Francescon, co-CEO/ director
13 Harmony Homes8912 Spanish Ridge Ave., Suite 200Las Vegas, NV 89148702-478-8375 • harmonyhomes.com
Did not disclose
$42,225,080 164 $257,470 Robert Beville, division president
14 Beazer Homes4052 Little Bay Ave.North Las Vegas, NV 89081702-874-8728 • beazer.com/new-las-vegas-homes-for-sale
Did not disclose
$37,330,623 123 $303,501 Allan Merrill, CEO/president
VEGAS INC22
april 10-april 16
*Offers valid from February 1, 2016 to June 30, 2016 on select new models, financed by Cat Financial, manufactured by Caterpillar Inc. Building Construction Products Division. Offer available only at participating Cat dealers. Offer is available to customers in the USA and Canada only and cannot be combined with any other offers. Offer subject to machine availability. Models shown here do not necessarily reflect the exact model and configuration to which the promotion applies. Offer trade-in rebates are based on a predetermined amount and may vary by model. **Rebate will be in addition to the dealer appraised trade-in value. All financed machines are subject to credit approval and rate may differ based on creditworthiness. The Cat Financial Commercial Account credit applies to all BCP models and is provided through Cat Financial for use at participating Cat dealers. Prices do not include taxes, freight, set-up, delivery, document fees, inspections, additional options, or attachments. Final machine prices are subject to change. Offer may change without prior notice and additional terms and conditions may apply. Contact Cashman Equipment for details.
© 2016 Caterpillar. All Rights Reserved. CAT, CATERPILLAR, BUILT FOR IT, their respective logos, “Caterpillar Yellow,” the “Power Edge” trade dress, as well as corporate and product identity used herein, are trademarks of Caterpillar and may not be used without permission.
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