Sustainability. We often hear this term, although many are hazy about how it relates to a clean energy future.
When helping clients buy a business with traditional seller financing, they typically are able to buy a business that is worth two and a half to three times the amount of money that they have put forth as a down payment.
KPS3 has hired Elaine Morrison as director of growth marketing.
As we transition into the third quarter, the Northern Nevada market experienced notable changes in a choppy environment.
Everon has announced the opening of its newly-rebranded Reno office.
When medical cannabis became legal in the state of Nevada in July 2015, handling cash from pot sales was akin to a fantastical Hollywood script due to regulations that made the cannabis industry a cash-only business.
The Northern Nevada Business Weekly’s annual Best in Business contest is accepting nominations.
Western Environmental Testing Laboratory has announced the new role of Jacob Brotman to chromatography scientist 1.
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Nevada utility regulators have unanimously denied a request by NV Energy to raise the basic service charge for its Northern Nevada customers by 175 percent.
Metcalf Builders has begun construction of a new KinderCare Education Center at 7989 Tierra Del Sol Parkway in Sparks.
The price represents an increase of 3.6 percent from the preceding month and a 13.5 percent increase from the same time the previous year.
The Liberty Group of Nevada announced their relocation to a new office in Reno.
Deputy Ag secretary tours farm to gauge area’s water conservation.
Maria Arceo of Sierra Choice Realty has been awarded the At Home with Diversity certification from the National Association of Realtors.
Mark IV Capital announces that its recently constructed Building A at Victory Logistics District in Fernley, has received Leadership in Energy and Environmental Design certification from the U.S. Green Building Council.
The U.S. Department of Agriculture is announcing more than $7.3 billion in financing for rural electric cooperatives to build clean energy for rural communities across the country through the Empowering Rural America (New ERA) program.
McDonald Carano congratulates Jane Susskind on receiving two recognitions.
Reno Eye Institute has purchased its practice at 7480 Longley Lane in Reno in a transaction valued at $1,524,941.
How can you tell if AI is writing this? You can’t. Yet. But you will. The answer lies in this article’s creativity.
The Northern Nevada Business Weekly’s annual Best in Business contest is accepting nominations.
Broadbent & Associates, Inc., has announced the hire of Reese Harvey.
Western Environmental Testing Laboratory has received accreditation from the National Environmental Laboratory Accreditation Program for its Sparks and Las Vegas laboratories.
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Two recent office property sales in Reno’s financial hilltop district further demonstrate the continued strength of Northern Nevada’s economy.
Western Environmental Testing Laboratory announced Cheyenne Holter has been promoted to sample control manager.
OneDigital has acquired Dillon Health headquartered in Reno.
Discussion revolved around the power grid’s current capacity versus future capacity needed for the region’s overarching economic development vision.
Probably not far and, look, you have this article in your fingers so you're obviously someone who knows where to find reading material. Chances are that you went to one of two main sources to get your book, right? Read about them in (guess what?) more new books.
KPS3 has announced the promotion of two team members. Shyene Joubert has been promoted to associate director of content, and Ashley Campagna to account manager.
Harbor Freight Tools has relocated its Reno store to 6013 S. Virginia St.
Market conditions and demographic trends are setting the stage for an increase in merger and acquisitions to be a regular feature of the market in the coming years. The Federal Reserve has indicated that it has reached the crest of interest rates and will likely begin to loosen monetary policy in the coming months; long-term interest rates have already dropped from their high in October 202
Selling a business is a significant milestone, marking the culmination of years of hard work, investment, and growth. Whether you’re looking to retire, pursue new ventures, or simply capitalize on your investment, a well-executed sale is crucial. However, a smooth transaction is easier said than done. Here’s a comprehensive guide to help you maximize the value of your business while minimizing the stress of selling.
Barbee outlines local, Navy housing needs, courthouse expansion.
When Reno resident Allison Greene attended the inaugural Reno Startup Week in 2023, all she had was a concept and some optimism.
As we approach the fourth quarter of 2024, many national economists agree a recession is not likely in the coming months even as GDP growth is expected to be slow. Consumers and businesses continue to put an emphasis on reducing spending while also focusing on managing their expenses.
As we approach the presidential election, there is a level of uncertainty that looms over the markets. Naturally, investors are concerned about how political shifts might impact their portfolios, and while the policies of political parties may influence economic conditions, historical data shows that the markets are more influenced by broader economic factors than by which party wins the election. (However, first, I’d like to share a story about the power of focusing on factors within our control and the importance of preparation. Both can lead to extraordinary success, whether defined by financial stability that provides you with the flexibility and options to live life on your terms – or eight gold medals.)
After much contemplation, NCET has made the decision to reschedule this Friday's NCET Business Expo due to the ongoing community emergency.
Investment sales in Greater Reno-Sparks typically average about $600 million per quarter among all classes of commercial real estate. However, the high cost of capital, along with more stringent equity requirements for obtaining commercial financing, has slashed deal volume in the Truckee Meadows.
Energy costs are a significant yet controllable operating expense for many businesses. By upgrading commercial lighting fixtures, heating and cooling systems, refrigeration, and kitchen equipment to newer, more efficient technology, businesses can achieve substantial energy and cost savings year after year.
1. What makes a project attractive when you are considering funding? On the investor CRE front, it would be supportable (and realistic) NOI projections that generate debt coverage of 1.20x plus at stabilization, or a solid, verifiable take out source (sale/permanent financing) at completion of the project. We also look for sponsors/owners that have an established track record and high personal character (have they kept lenders whole through tough times). On the corporate banking front (operating lines of credit, equipment loans, owner occupied CRE, etc.), we look for profitability and strong recurring cash flow from operations that can cover debt service, recurring Capex at 1.15x or greater.
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The Northern Nevada Business Weekly’s annual Best in Business contest will begin accepting nominations on Sept. 11.
The high interest rate environment of the past few years has led to some big changes in regional construction lending. Local banking executives told NNBW that as interest rates spiked and the cost of borrowing increased, they began to more closely scrutinize potential construction projects, along with the developer’s track record. Oftentimes, they added, regional developers have been required to put much more skin into a project than in the past in order to obtain construction loans.
'We need to look at the issues through the lens of business owners' says Nevada secretary of state.
Finding the right employees continues to be a worry for businesses in the Reno/Sparks area. Staffing was the largest concern of businesses who responded to the recent Northern Nevada Business Confidence Survey. Other concerns included cost/inflation, operations, election, supply chain, economy/market and location.
Attending the 18th Annual NCET Business Expo this Friday is an opportunity that local business owners, entrepreneurs, and professionals shouldn’t miss.
McDonald Carano congratulates Chelsea Latino on being selected as one of 12 Women to Watch by Nevada Business Magazine.
Community development organization Chicanos Por La Causa has completed its 50-unit Gold Country complex at 20 Retail Road in Dayton.
In current renderings, the proposed state-of-the-art arena at the Grand Sierra Resort is called the "Reno Arena."
A couple of days ago, we had a prospective buyer come by our office who was interested in buying a business.
Plumas Bank has been honored with multiple awards acknowledging its exceptional performance in serving clients, investors, and communities in northeastern California and Northern Nevada.
On the second day of the school year at University of Nevada, Reno, Gov. Joe Lombardo, UNR President Brian Sandoval, and Google representatives gathered on the fourth floor of Joe Crowley Student Union to celebrate a special announcement.
The Reno + Sparks Chamber of Commerce will host “The New Energy Economy, What the Future Holds for our Community” from 8:30 a.m. to noon on Thursday, Sept. 12.
Current global demand for lithium is about 1 million tons per year, a number that’s expected to triple by 2030.
Sanderson Bellecci, Inc. has completed its merger and is now officially known as Sanbell.
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Postmaster General Louis DeJoy proposed earlier this year to reposition a processing center from Reno to Sacramento.
The Northern Nevada Business Weekly’s annual Best in Business contest will begin accepting nominations on Sept. 11.
In today’s saturated markets, where businesses are constantly vying for attention, standing out from your competitors is not just a goal — it’s a necessity.
Handel’s Homemade Ice Cream has opened a new location at 13987 S. Virginia St., within the Shayden Summit Mall in Reno.
