One of the coolest things about attending a Southern Nevada Home Builders Association function is the parade of super big trucks in the valet. After the trade group’s Dec. 1 luncheon at the Four Seasons Hotel, a magnificent, white Ford F-150 with desert dirt splattered over the right fender pulled up to retrieve its driver — a perfect punctuation mark for the affair.
Uri Vaknin, a partner in KRE Capital, said the group’s downtown property, The Ogden, which it owns in a partnership with a New York firm, is nearing a conversion from a partial rental and sales building to a “full-on” sales building.
Guy Seeklus, who owns 176 acres along the Virgin River, offers riders a chance to take a camel down a 2-mile trek, for about 30 minutes, on one of his camels — Lodi, Ben, Raider just to name a few. Some of them stand over 7 feet tall, from ground to the top of the hump. The cost for all this entertainment is $149. This price includes a lift from the Eureka Casino in Mesquite or anywhere on the Strip in one of two Mercedes-Benz Sprinter vans Seeklus owns.
With the election of Donald Trump as our next president, American companies are destined to face a major shakeup in their corporate governance. Mr. Trump’s campaign promise of reducing the U.S. taxes that corporations are required to pay to 15 percent from 35 percent and granting a tax break to repatriate the trillions of dollars of profit earned from overseas sales and housed in kinder jurisdictions to avoid U.S. taxes, seem to be preordained. This is an opportunity for U.S. corporations to modify their corporate governance to meet changing demands for their success and for the good of the country in which they are incorporated and do business.
Amazon expects to move into a new, 813,120-square-foot distribution center near North Lamb Boulevard, just north of Interstate 15, by summer. The complex is under construction.
SALES OF SIGNIFICANCE
Las Vegas retailers will get a dose of holiday cheer this shopping season if revenue numbers meet the expectations of Los Angeles-based CBRE Group, the world’s largest commercial real-estate investment manager. The company tracks and interprets consumer spending statistics worldwide and forecasts strong retail numbers to end 2016.
The changing landscape of where megaresorts are drawing their electricity from could lead to an expansion in alternative energy use.
Since opening in the fall of 2014, Downtown Summerlin has proven to be a vibrant addition to one of the city’s most upscale and fastest-growing communities, and Andrew Ciarrocchi has had a guiding hand in its success.