The financial industry has learned from the Great Recession and downturn that resulted from the real estate collapse and is better for it today. That’s the message from Nevada State Bank CEO Dallas Haun, who said the 56-year-old institution took a broader approach when it was reorganized in 2010; and that model has served it well since.
The asset quality for Nevada’s locally chartered banks continued to improve in the first quarter of 2016, according to data released by a federal agency.
Wealthy Las Vegas residents interested in better views are purchasing pricey hillside lots in greater numbers to build the latest trend in custom homes in a sign of that the economy and housing market have rebounded.
Shawn Lane, the owner of No Regrets Bar, 8349 W. Sunset Road, did not know what was happening at first. “My graveyard bartender called me in a panic to say that all of these cars keep pulling up in front of the bar, sit there for a few minutes with their lights on, and then driving away.” Worries that the bar was being cased for a future robbery or used for drug deals were soon abated when she found out the bar was identified as a Pokémon gym.
A nearly 2.5 acre plot of land off Wynn Road will be glowing green by year’s end.