v e g a s i n c . c o m | J U NE 2 8 - J U L Y 4 , 2 0 1 5
Construction continues on a medical project financed by Meadows Bank. (mikayla whitmore/staff)
Rebuilding a foundation Commercial real estate is slowly making a comeback, but this time, banks are being more cautious By Eli Segall | Staff Writer
Las Vegas bankers couldn’t write loans fast enough during the real estate bubble, doling out funds for construction projects even if borrowers didn’t have a way to pay them back. ¶ Today, after the massive real estate bust, waves of bank failures and the worst recession in decades, that spigot is merely dripping. ¶ Southern Nevada’s banks comm ercial l e nding, Continued on page 10
$1.75B
Value of investment firm Tracinda Corp.’s stake in MGM Resorts. Kirk Kerkorian, the corporation’s owner, died June 15.
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Number of drivers ruled to be employees of Uber in California. The California Labor Commission ruled that Barbara Berwick is an employee of the ridesharing company. Other workers are considered independent contractors.
6/26/15 3:36 PM