April 10, 2018 — RENO, Nev. — The sale of million-dollar homes in Reno drove the real estate market the first quarter of 2018, with a 247 percent jump in homes sold throughout the Reno-Sparks area. The median price of a home in the area rose 17 percent to $368,700.
March 30, 2018 — STOREY COUNTY, Nev. — CCM Hospitality, a Las Vegas-based developer and manager of hospitality venues, announced on Thursday the opening of a new Studio 6 Hotel and Recharge Bar & Grill in the Tahoe-Reno Industrial Center. Thursday's opening marks the first extended stay hotel constructed
March 28, 2018 — RENO, Nev. — The University of Nevada, Reno is putting 104 acres of its Mainstation Farm at the eastern edge of Reno/Sparks up for sale along with a nearby 40-acre parcel. UNR President Marc Johnson said the assets are being sold to generate money that
March 26, 2018 — RENO, Nev. — Fiduciary and suitability may sound similar, but they couldn't be more different when looking at what they mean in the financial services industry. Up until recently, these two words weren't in most individual's everyday vocabulary. The increase in popularity is a result of
March 26, 2018 — The Tax Cuts and Jobs Act (TCJA) represents the most sweeping reform to the U.S. tax code in over 30 years. Signed into law by President Trump on Dec. 22, 2017, with $1.5 trillion in cuts, it is one of the largest tax cuts in
March 24, 2018 — RENO, Nev. — "Build a better mousetrap, and the world will beat a path to your door." This famous quote is attributed to Ralph Waldo Emerson in the late 19th century. Demonstrating proof of concept is the surest way I know to secure sufficient capital from
March 24, 2018 — RENO, Nev. — The decision to invest in Oil and Gas (O&G) is both a tactical and personal one. Whether it is diversifying one's portfolio, providing income, hedging against inflation, or owning a piece of Americana that was and is so instrumental in making this
March 24, 2018 — SOUTH LAKE TAHOE, Calif. — A mix of commercial and residential development above and behind The Chateau at the Village is scheduled to begin this summer at the Nevada/California state line at Lake Tahoe's South Shore. In April 2017, Marin County developer Kawana Meadows Development
March 23, 2018 — RENO, Nev. — This year marks my 25th year as a business broker and M&A Intermediary. I have been fortunate enough to have an inside look at hundreds of different businesses during the best of times and the worst of times. Some transactions come together
March 23, 2018 — RENO, Nev. — Discussions involving fraud are becoming more prevalent, but what does "fraud" really mean? "Fraud" is a term that is frequently used, and sometimes even abused, by many who talk or write about it. As defined by Black's Law Dictionary, "fraud" is a knowing
March 22, 2018 — RENO, Nev. — Every week it seems like we hear about a new startup company in Reno — usually tech-oriented, but not always. Often, the founder has a great idea for a product or service and lots of energy and enthusiasm. Seldom, however, does the
March 19, 2018 — RENO, Nev. — In case you missed it, the Northern Nevada Business Weekly today published its inaugural Northern Nevada Smart Money magazine. The 32-page magazine was inserted in this week's March 19, 2018, print edition. "The business environment for finance and investment in the region is
March 17, 2018 — TRUCKEE, Calif. — A proposed 760-unit housing development between Truckee and Lake Tahoe's North Shore suffered a setback after a judge took issue with emergency evacuation procedures for wildfires. Placer County Superior Court Judge Michael W. Jones ruled earlier this month, in a lawsuit filed
March 17, 2018 — RENO, Nev. — Highlighted by a thriving mining industry and its proximity to high-taxing California — not to mention being home to the east half of Lake Tahoe — Northern Nevada has plenty of wealth spread throughout the region. The Northern Nevada Business Weekly took
March 17, 2018 — CARSON CITY, Nev. — The building permit for the Ormsby House is expiring after the owners of the downtown property withdrew their request for another extension. "I just wanted to thank all of you for working with me over the last year or so. We
March 16, 2018 — CARSON CITY, Nev. — The sale of Empire Ranch Golf Course is off. One of the prospective buyers said they changed their minds after discussions with Carson City officials. “We decided to re-evaluate our plan after city officials threatened to litigate the water contract connected to
March 14, 2018 — CARSON CITY, Nev. — Lodging properties in Carson City saw a nearly 27 percent increase in revenue in 2017 — the highest in the city's history — according to numbers released Monday by the Carson City Culture and Tourism Authority. "It's very good. It's fantastic,"
March 13, 2018 — GLENBROOK, Nev. — A lakefront property in the small luxury community of Glenbrook, on Tahoe’s west shore, recently sold for $13 million. The 2.51-acre property on Yellow Jacket Lane includes a cove, pier, boatlift and beach. The main home and guesthouse total 4,692-square-feet of living
March 13, 2018 — The stock market has always attracted those who want to make large profits, but many prudent investors are wary of its instability — the recent 1,300-point drop of the Dow Jones Industrial Average for the week of Feb. 5 is a classic case in point.
March 9, 2018 — RENO, Nev. — The Reno/Sparks Association of Realtors recently released its February 2018 report on existing home sales in Washoe County, including median sales price and number of home sales in the region. During February 2018, the report showed Washoe County had 429 sales of