vegasinc.com | november 29 - december 5, 2015
Stacy Stagg, left, Carol Thompson, center, and Lydia Mason are general managers of Station Casino properties. (L.E. Baskow/staff)
Climbing the ladder in heels In an industry dominated by men, three women at Station Casinos have risen to impressive heights By Danielle Birkin | SPECIAL TO VEGAS INC
When Stacy Stagg began working at Station Casinos in 1995 as a food server in the former San Lorenzo Italian restaurant at the then-newly opened Texas Station, the 15-year food-service veteran was at a professional crossroads. ¶ “I was 32 at the time, and I didn’t want to be in my 50s lifting trays,” said Stagg, who moved from South Jordan, Utah, women of station, Continue d on page 15
$84M
Amount the Lucky Dragon’s backers have raised from foreign investors and in equity. Developers of the Asian-themed hotel did not secure financial help from the Las Vegas City Council.
$5B
Amount Las Vegas-based Switch hopes to invest in Michigan with a cross-country expansion. If the company receives tax breaks, Switch officials plan to a build a 2 million-square-foot data center south of Grand Rapids.
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VEGAS INC NOV. 29 - DEC. 5
CONTENTS PUBLISHER Donn Jersey (donn.jersey@gmgvegas.com)
EDITORIAL EDITOR Delen Goldberg (delen.goldberg@gmgvegas.com) MANAGING EDITOR Dave Mondt (dave.mondt@gmgvegas.com) ASSISTANT MANAGING EDITOR/SPORTS AND DIGITAL Ray Brewer (ray.brewer@gmgvegas.com) ASSISTANT MANAGING EDITOR/POLITICS Scott Lucas (scott.lucas@gmgvegas.com) STAFF WRITERS Kailyn Brown, Julie Ann Formoso, Adwoa Fosu, Megan Messerly, J.D. Morris, Kyle Roerink, Daniel Rothberg, Cy Ryan, Eli Segall, Jackie Valley, Pashtana Usufzy, Ian Whitaker COPY DESK CHIEF John Taylor COPY EDITORS Jamie Gentner, Brian Sandford SPECIAL PUBLICATIONS EDITOR Craig Peterson EDITORIAL CARTOONIST Mike Smith LIBRARY SERVICES SPECIALIST Rebecca Clifford-Cruz RESEARCHER Julie Ann Formoso OFFICE COORDINATOR Nadine Guy
NOTEWORTHY STORIES
05 06 18 Q&A WITH NICK NASROLLAHI
The chief operating officer of Food in the Fast Lane, better known as Checkers to its customers, talks about his climb up the corporate ladder in the fast-food industry and the philosophy that motivates him to make the most out of any situation. THE NOTES People on the move, P4
MEET: SANTA’S WRAP
Beth Tom and Dave Kimler opened their seasonal pop-up store in 2012 but have since expanded their product sales and secured a permanent location that allows them to do business throughout the year. TALKING POINTS New health care model puts results first, P7
DATA AND PUBLIC INFORMATION
ART
A listing of local bankruptcies, bid opportunities, brokered transactions, business licenses and building permits.
ASSOCIATE CREATIVE DIRECTOR Liz Brown (liz.brown@gmgvegas.com) DESIGNER LeeAnn Elias PHOTO COORDINATOR Mikayla Whitmore PHOTOGRAPHERS L.E. Baskow, Christopher DeVargas, Steve Marcus
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MORE VEGAS INC BUSINESS NEWS Calendar: Happenings and events, P17 The List: SBA lenders, P22
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VINTAGE VEGAS: BENNETT’S SOUND TIMELESS AFTER 65 YEARS Anthony Dominick Benedetto, aka Tony Bennett, made his first Las Vegas appearance in the 1950s, headlining with Milton Berle at El Rancho. Pictured here is one of Bennett’s promotional images, distributed by Columbia Records in the 1960s. Bennett’s career hit an all-time low in the late 1970s, but he continued to find local support and was booked regularly by Strip
resorts. By 1986, his career had come full circle, and it has continued to blossom since, including in Las Vegas. Bennett’s most recent Cheek to Cheek tour, co-headlined by Lady Gaga, began with a two-night run at the Cosmopolitan, and on Dec. 2, Bennett will play at the Encore Theatre at Wynn. — REBECCA CLIFFORD-CRUZ
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the notes
nov. 29 - dec. 5
Send your business-related information to news@vegasinc.com
Jose Navarro is executive chef at Trevi Italian Restaurant in the Forum Shops at Caesars.
2015 top tech awards
New members of the Las Vegas Hospitality Association include: Hilton Grand Vacations, Stephanie Bolton, regional sales manager; International navarro Market Centers, Roger White, market operations vice president, and Philip Knott, operations services vice president; Las Vegas Limousine, Airline Shuttle, Fred Revnew, national sales manager; Marvelless Mark – Millennia Productions Inc.; MEET Las Vegas, Luke Ludden, vice president of sales, and Rebecca Sagall, sales and event coordinator; Pro Expos, Dean Taylor, president; and The Venue Las Vegas, Nichole Salinas, sales manager. Vince Telles, a senior vice president at Bank of Nevada, is chairman of the Bishop Gorman Advisory Council. Telles has been a member of the council since 2006. Five concierges from the Venetian and Palazzo were telles inducted into the Les Clefs d’Or concierge organization. They are Cecilia Darr, Miranda LaBlanc, Carol Styles, Hermela Rutledge and Lemlem Withers. Membership to Les Clefs d’Or is the highest professional achievement a concierge can obtain. Jennifer Nichols is corporate director of marketing strategy at Cannery Casino Resorts. Dr. Carrie Bedient joined the staff of the Fertility Center of Las Vegas. She is specialty board certified in obstetrics and gynecology, and subspecialty board eligible in reproductive endocrinology and infertility.
nichols
Amber Beason is director at Johnson Advisors, an accounting firm. Golden Entertainment, Inc., restructured its executive management team as a result of the recent merger between Golden Gaming and Lakes Entertainment. Blake L. Sartini is chairman of the board, president
beason
The 2015 Top Tech Exec awards on Nov. 19 recognized some of the finest technology executives in Southern Nevada. The winners were: Mugunth Vaithylingam, College of Southern Nevada; Scott Seegmiller, WestCorp Management Group; Thomas Kramer, Alexander Dawson; Tony Caufield, Three Square Food Bank; Manjit G. Singh, Aristocrat; Kate Zhong, Cleveland Clinic Lou Ruvo Center for Brain Health; Les Leonard, Resorts World; Bob Schaich, UnitedHealthcare of Nevada; Lester Lewis, Clark County; and Russell Suzuki, Falcon Healthcare Systems. Also nominated were: John Steffy, Findlay Auto; Allan Jocson, Agilitec IT LLC; Charles Sattler, LV.Net; Greg Galyean, Quest Academy; Jeremy Schmidt, Retina Consultants of Nevada; Jevin Sackett, SNH Inc.; Jonathan Jenkins, OrderWithMe; Kristi Lutzenberger, Orbis Solutions; Leo Bletnitsky, LBA Netyworking Inc. dba Las Vegas Med I.T.; Randall Thomas, Clark County School District; Rich Belsky, Rolltech; Seth Wait, RevUnit; Tyson Mackay, Dot Vegas Inc.; Susan Stone, Century Gaming; Dimitry Berg, BananaDog Media; John Domeraski, Nevada Orthopedic; Colin Sevier, Walker Funiture; Michael Feder, PrayerSpark.com; Lori Nguyen, HiTech Vegas;
and chief executive officer. Sartini was president and chief executive officer of Sartini Gaming from its formation in January 2012 and was founder and chief executive officer of Golden Gaming, which he founded in 2001. Matthew Flandermeyer is executive vice president and chief financial officer of Golden Entertainment. He was chief financial officer of Golden Gaming. Stephen Arcana is executive vice president and chief operating officer of Golden Entertainment. He was chief operating officer of Golden Gaming. Blake Sartini II is senior vice president of restricted gaming at Golden Entertainment. He was vice president of operations at Golden Route Operations. Jeremy Jenson is vice president and general manager of the Pahrump Nugget Hotel and Casino, Gold Town Casino and Lakeside Casino and RV Park, all in Pahrump. He was general manager and pit boss at the Pahrump Nugget, a Golden Gaming casino. Scientific Games received three awards during the Global Gaming Expo. The company was named the Land-Based Industry Supplier of the
Jon Mathes, State of Nevada; Dennis Thornley, Westgate Las Vegas Resort and Casino; Shawn Hensley, AAAiTTECH; Kathryn Mulvey, Nevada State College; Paul Fedel, Fletcher Jones Management; Mark Haley, Smart City Networks; Christina Aldan, LG Designs; Duane Ogilvie, Cirque du Soleil USA; Ronen Hamatian, Madrivo; Jason Buckley, Jasco Technology; Dave Lawdensky, MGM Resorts International; Brian Henry, Brian Henry Design; Tim Williams, Aliante Hotel and Casino; Oai Duong, Nevada State Bank; David Hernandez, Laboratory Medical Consultants - LMC; Angeline Cosca, Steinberg Diagnostics; Michael Cox, Siegel Group; Lawrence Vaughan, Real Gaming; Peter Bacigalupi, Workforce Connections; Greg Russell, Las Vegas Paving Corp.; Zubin Damania, Turntable Health/ ZDoggMD.com; Sean Connery, Orbis Solutions Inc.; Ray Ragle, Desert Sands Broadcasting; Alan Woratschek, Valley Health System; MIke Lubbe, YMCA of Southern Nevada; Geoffrey Radcliffe, Post Launch; and Jonathan Fisher, NextStep Technology Solutions LLC. The awards were sponsored by Cox Business and VEGAS INC.
Year, and Ricardo Regner, vice president of sales and operations for Latin America, was named Latin America Executive of the Year. Scientific Games also received the top innovation award from Global Gaming Business magazine. The new officers of the Las Vegas Global Economic Alliance are: Chairman Ray Specht, Toyota Financial Savings Bank; Vice Chairman John Delikanakis, Snell & Wilmer; and Treasurer Kirk Clausen, Wells Fargo. Committee chairmen are: Bylaws – Frank Woodbeck, Nevada System of Higher Education; Compensation – Richard T. Crawford, Green Valley Grocery; Nominating and Governance – Derrick Hill, Cox Business/Hospitality Network, Las Vegas; Public Policy – Glenn C. Christenson, Velstand Investments; and Strategic Planning – Jeff Parker, Manpower Inc. of Southern Nevada. Kimani Williams is manager of ABC Supply, a building products distributor.
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the interview
nov. 29 - dec. 5
Send your business-related information to news@vegasinc.com
Q&A with Nick Nasrollahi
Former refugee is living an American dream Nick Nasrollahi was a teenage refugee. Escaping religious persecution in Iran, he fled to America at age 18, attended college and got a job in the fast-food industry. Today, Nasrollahi is chief operating officer of Food in the Fast Lane, a franchisee of Checkers. The company recently opened its fifth fast-food restaurant location in the valley and expects to open two more by the end of the year. What is the best business advice you’ve received, and whom did it come from? Over the past 25 years, I have had the pleasure of working for and with many great leaders who have shared valuable insight. Among the advice that resonates most, because of its timing and substance, is “What happens to us in life is just 10 percent; 90 percent is how we react to it.” I was a very young restaurant manager when my district manager shared this to help me succeed in my managerial position. I managed employees who were older than my parents; being new to the United States with English as my second language made the experience more fun. What was the most valuable lesson you learned from your work experience that you didn’t learn in college? I learned how to build relationships and the importance of having a sense of urgency and critical thinking. Although textbooks often address these in theory, living it is another story. You’ve been in the fast-food industry for 25 years. What attracted you to the field? It was totally accidental. I needed a night job so I could attend school during the day. I ended up getting promoted 11 times over a year or two, so I pursued a position in management. Where was your first Checkers? What inspired you to open one? Tampa, Fla. I loved the food, especially the fries. What are you reading right now? I have been very busy developing and opening restaurants as of late. However, I enjoy reading books related to leadership styles — inspirational leadership, for example — and the evolution of businesses in today’s world via conventions, seminars and
Nick Nasrollahi got hooked on Checkers french fries more than two decades ago. He didn’t plan on becoming a fast-food industry executive when he came to America, but a series of promotions at his first job set him on a successful path that has landed him as chief operating officer of Food in the Fast Lane. (l.e. baskow/staff)
other self-educating tools. What do you do after work? I work out, spend time with friends and family, keep up with major news and watch sports. Blackberry, iPhone or Android? Android: It’s more user-friendly for how I use my phone. Describe your management style. I am intrigued by the influential and motivational management styles of others. I exercise my position in power very sparingly. To me, it does not offer sustained and long-lasting success for myself or others, although it sometimes is necessary. Where do you see yourself and your company in 10 years?
I see the company owning and operating 20 or more restaurants, and supporting the community through business ownership. For myself, I would like to travel more and spend more time with my family and friends. What is your dream job outside of your current field? I wish I could have pursued my soccer career, but life changed. I was forced to leave my life and family behind when I escaped Iran. If you could live anywhere else in the world, where would it be and why? I’d live in Sweden because it has great air and water quality. Living here in the United States is my paradise, though.
Whom do you admire? Our Founding Fathers, because without them, I would not be here. I admire James Madison, Thomas Jefferson, John Adams, George Washington and Benjamin Franklin, among others. In 1776, when the Declaration of Independence was signed, it wasn’t just a document; it was and is a masterpiece put to work by some very intelligent, selfless and visionary patriots. If you could change one thing about yourself, what would it be? There are times I wish I were able to use a healthy dose of logic before reaching conclusions. I acknowledge, as human beings, we tend to allow our emotions to get the best of us every now and then.
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VEGAS INC
get to know a local business
nov. 29 - dec. 5
Send your business-related information to news@vegasinc.com
by the numbers
$2.70
Average gas price in Nevada in November, according to AAA. That is a 16-cent decrease from October. The national gas average was $2.21, 72 cents less than a year ago.
5
Days a group of Polish officials and businesspeople spent in Las Vegas. The trade mission was designed to encourage international trade and local investment.
$2.2 million
Amount the city of Henderson will pay to move its data systems to Switch and house them there for a year.
2
Licensed pet shops in Las Vegas that could be affected by a new proposal to bar pet stores from selling commercially bred animals. The proposal would require pet stores to sell only animals obtained from a shelter, nonprofit humane society or nonprofit rescue organization.
6,000
Number of Nevadans the solar industry employs. The Nevada AFL-CIO recently rallied workers to demand that NV Energy charge rooftop solar customers for transmitting power to the electric grid. Executive Secretary-Treasurer Danny Thompson said “net metering shifts costs to nonsolar customers.”
500,000
Model 3 cars Tesla hopes to ship by 2020. Each is expected to cost $35,000.
38
By city ordinance, number of zones downtown street performers are limited to between 3 p.m. and 1 a.m.
6.6 percent
Nevada’s unemployment rate in October, down from 6.7 percent in September and 7.2 percent in October 2014, according to the state Department of Employment, Training and Rehabilitation.
Beth Tom and Dave Kimler own Santa’s Wrap, which began as a pop-up seasonal concept but now has a permanent space. It also has expanded its product line. (mikayla whitmore/staff)
Transition from pop-up to permanent has been challenging, rewarding Santa’s wrap
Describe your business.
We specialize in one-of-a-kind home decor and seasonal products at value prices. The business was formed initially as a pop-up selling seasonal products but now operates as a year-round “flash sales” retail operation that also sells everyday home decor and gift items in addition to a large seasonal selection.
Address: 8826 S. Eastern Ave., Suite 115, Las Vegas Phone: 702-888-3586 Email: info@santaswrap.com Website: www.santaswrap.com Hours of operation: Varies, open for sales events that are announced via social media and email Owned/operated by: Beth Tom and Dave Kimler In business since: 2012
Who are your customers?
Anyone who has a love for the seasons, home decorating and gift giving. We’ve learned that our customer range is broad, which matches the variety of products we offer.
What is the hardest part about doing business in Las Vegas?
We owned a large chain of stores in Hawaii for many years, and we found Las Vegas to be very friendly to business. The local customer is extremely discriminating and sensitive to price and quality but extremely loyal and supportive once you’ve earned their trust.
What is the best part about doing business here?
Our customers give us tremendous positive affirmation, and we truly feel that we’ve formed lasting friendships with them. It’s absolutely the best part of what we do every day.
What is your business philosophy?
Over our history in retail, we’ve always tried to develop a culture that speaks to four components: 1) offer the customer a consistently high level of hospitality and service, 2) create a fun and inviting atmosphere, 3) offer a unique and weird selection of products, 4) offer strong value for the products. What’s the most important part of your job?
Making sure the customer feels good about being in our store and offering us their business. It’s not good enough to just offer nice products at a good price; it’s the goodwill and loyalty you earn from your customers that will stand the test of time and determine long-term success or failure.
What obstacles has your business overcome?
Transitioning from a pop-up store concept that moves from location to location each year to our new, permanent “flash sales” concept. Our concept is a unique one and requires constant communication with the customer about how we operate. In addition, since we initially were branded as a seasonal store and have “Santa” in our name, it has been a challenge getting the word out that we now sell much more than just seasonal products. What have you learned from the recession?
Don’t take anything for granted; continue to work at improving your business every day.
talking points Send your business-related information to news@vegasinc.com
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On J.D. Morris’ vegasinc.com story “New performer zone rules take effect on Fremont Street”: The circle stuff wouldn’t have happened if the Fremont Experience didn’t become a free-for-all, in-your-face demand for money. — itsumo On Daniel Rothberg’s lasvegassun. com story “County approves regulations on Uber, Lyft as pushback continues”: There is no purpose to these regulations, except to protect the taxi companies and to collect money. — Our Future The county commissioners should try getting a cab off the Strip and then come back to testify about it. — Vegas_Vampire On Kyle Roerink’s lasvegassun.com story “Head of Nevada AFL-CIO calls on workers to support NV Energy”: The unions love those big wind, solar and natural gas projects because they can take all the local jobs, build one of these ugly projects for two years and leave. — Desert Iguana On J.D. Morris’ vegasinc.com story “City of Las Vegas declines to help Lucky Dragon casino project”: They’ll turn to the state to ask the taxpayers to help fund their subsidiaries and loans. — Eagle1212
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VEGAS INC nov. 29 - dec. 5
New health care model puts results first
T
guest column: hold. The U.S. Department of Health he health care industry is rick beavin and and Human Services secretary recently experiencing a shift in the dr. ama brobbey announced a goal to tie 85 percent of feerelationship between insurance for-service Medicare payments to quality companies and health care or value through alternative payment providers, with many large-scale providers models by the end of 2016. The government and insurance companies joining forces to aims to tie 90 percent of payments to these models by the provide patients with improved levels of care. This often end of 2018. It’s the first time the U.S. government has includes partnerships to create new payment models with established set goals for alternative payment models and incentives to promote better quality of care at a lower cost. value-based payments. Recently, some of the nation’s largest health care The plan has already shown it can be successful. According organizations and insurers announced they would to an independent review of Medicare payments by nonprofit collaborate through the new Health Care Transformation Catalyst for Payment Reform, 42 percent of the health care Task Force, with the goal to shift 75 percent of their business dollars Medicare paid in its fee-for-service program in 2013 to contracts with value-based payment arrangements that were targeted to increase patients’ quality of care. hold providers accountable for cost and quality of care. Southern Nevada is part of the trend. DaVita HealthCare In addition, federal health officials announced a plan to Partners, one of the nation’s largest health care transition half of the Medicare spending that isn’t devoted to organizations, recently announced a partnership with managed care into accountable care, bundled payments and insurance company Humana to create a special-needs plan other contracts offering rewards and penalties for providers for Medicare beneficiaries with end-stage renal disease. based on quality of care and efforts to control costs. Called Humana Kidney Care, the local plan involves These payment models reflect an increasing departure partnerships between Humana, medical network HealthCare from the health care industry’s traditional fee-for-service Partners Nevada and VillageHealth, the integrated kidney model, which offered medical providers financial incentives care division of DaVita HealthCare Partners. The goal is for the volume of patients treated rather than the quality to provide patients with coverage for comprehensive care, of patient outcomes. By rewarding comprehensive care treating all aspects of their complex condition. that results in improved health, medical organizations are Rick Beavin is Nevada president for Humana’s senior working to prevent further health issues down the road, products and Dr. Ama Brobbey is chief medical officer at helping to control medical costs in the long run. HealthCare Partners Nevada. There are goals to ensure this new payment model takes
Smith’s world
Mike Smith is an award-winning editorial cartoonist who also draws for the Las Vegas Sun. His work is distributed nationally by King Features Syndicate. See archives of his work at lasvegassun.com/smithsworld.
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VEGAS INC nov. 29 - dec. 5
your Business-to-business news Send your business-related information to news@vegasinc.com
Can Coyote Springs still be salvaged? Developers see potential, plan to revive the housing development that seemingly died when the housing bubble burst By Eli Segall Staff Writer
COYOTE SPRINGS — When Kevin Tiffin first came to play golf in this remote stretch of mountain-framed desert — with pretty much nothing around besides the 18-hole course — he figured it was a bad joke. “I thought we were going to an Alfred Hitchcock movie,” he said. Donnie Luper and Manjinder Lalh came here in July to hit the links while visiting Las Vegas for a convention. The course is about an hour’s drive north of the Strip, and after passing the edge of town, it’s a lonely trek. “We wondered, driving out here, whether we were going the wrong way,” Luper said. Coyote Springs, launched 15 years ago by former powerhouse lobbyist and current prison inmate Harvey Whittemore, has a golf course — a highly ranked one at that — and little else. But it was supposed to be a 43,000-acre community, a city built from scratch in the middle of nowhere during Southern Nevada’s go-go years. Whittemore declared his project “a community for the new millennium,” a place without “the negatives of traffic and crime found in Las Vegas.” “It’s going to be a full city,” he said. His plans fizzled with the recession and bitter lawsuits between him and his partners that read like a crime thriller. They flung accusations of rampant embezzlement, death threats, secret stacks of $100 bills, and a “very ominous and burly” thug who emptied the Whittemores’ safe of jewelry and cash. But years after the massive project fell by the wayside, Coyote Springs’ developers are trying to revive it. Whittemore’s former partners, the Seeno family of the San Francisco Bay Area, this year gained full control of the property through a legal settlement and aim to build the long-stalled community. The group has approvals to build as many as 159,600 homes and more than 10,000 acres of commercial property. If all goes as planned, it would easily take 50 or 60 years, if not longer, to complete the project, “barring some sort of
Tourists from Colorado play a round of golf in July at Coyote Springs Golf Club. (L.E. Baskow/staff file)
crazy boom” that no one expects, general counsel Emilia Cargill said. Coyote Springs — nearly twice the size of Las Vegas’ largest masterplanned community, Summerlin — has been on the drawing board since at least 2000, but little is built. There are no homes — dozens of empty housing pads line the golf course — and when asked this summer whether roads had been built, Cargill said that’s “kind of a trick question.” Most hadn’t been paved yet. The golf shop and players’ lounge were in temporary trailers, and north of the golf course, an abandoned, partially built community center sat off U.S. Highway 93. “Why would you want to live out here?” said Lalh, visiting from Edmonton, Alberta. “You’re so far from everything.” Yet more than $100 million has been spent on Coyote Springs, Cargill said, and the project has water rights and electricity. Before the Seenos try selling land to homebuilders, they want to complete utility work, including the partially built water-treatment and wastewater-treatment plants, she said. According to Cargill, they hope to have homes being built by early 2017. The project site, she said, is “not that far” from Las Vegas and is “a true suburb” of the city. “People ask (if we are) ever gonna build homes. And of course, our answer’s ‘Yes, that’s the intent — to build homes, build a city,’ ” said Michael Ghiorso, director of operations for Coyote Springs Golf Club. “It’s always been that.”
Time will tell whether people are willing to move here and help build that dream — or whether Coyote Springs will remain little more than a ghost town golf course. “Let’s put it this way,” said homebuilder Kent Lay, Las Vegas division president for Woodside Homes, “I’m not standing in line to buy property there, and I wouldn’t want to be the first one in line to do it.” nnn In summer 2006, politicians, Whittemore and other bigwigs gathered under a tent here for a news conference. They cheered the project and the jobs it would create, and congratulated one another on getting things up and running. Federal regulators normally are “throwing spears” at people who want to build something like Coyote Springs, Sen. Harry Reid said at the event. “But this here truly is a lovefest,” Reid said. By then, Whittemore’s lobbying powers had faded — he had a fallingout with casino companies a few years earlier and had turned his focus to Coyote Springs — but his name and presence still carried big weight in politics. Moreover, Las Vegas’ real estate market was booming, with soaring land and housing prices and rapid construction. In the search for large, low-priced tracts of dirt, developers drew up plans for cheaper housing about an hour away in such places as Pahrump and Mesquite. For many resi-
dents, moving to the fringes may have seemed like the only way to get an affordable house in the Las Vegas area. Eventually, the bubble burst and the economy crashed. Coyote Springs fit with the boom years, real estate pros say, but the market is slower and cheaper today. Home values are well below boomera levels, and almost no one complains of being priced out of town. There is plenty of land in and around Las Vegas, and it’s selling for much cheaper than last decade. And gas prices can make long commutes costly. If the valley were booming again and there were a shortage of land, “I could see something happening” in Coyote Springs, said Scott Beaudry, owner of housing brokerage Universal Realty. But that’s not the case. Also, he noted, people increasingly want to live in urban areas, near retail, recreation and work, not in outposts that require lots of driving every day. “I just don’t see it right now,” Beaudry said of Coyote Springs. “I really, really don’t.” Coyote Springs might appeal to retirees or aging empty-nesters, real estate executives said. But such buyers are unlikely to move here unless retail, medical care and other services are in place first. Moreover, home prices would have to be far higher in Las Vegas to persuade buyers to take a hefty commute in exchange for cheaper housing, RCG Economics founder John Restrepo said. “We’re not at that point yet,” he said. Even if Coyote Springs offered steep discounts, buyers can already get those savings in older neighborhoods in Las Vegas, homebuilder Wayne Laska said. Laska, owner of StoryBook Homes, said Coyote Springs was a “really risky venture” and “an ill-conceived project.” And he isn’t sure the Seenos can price their land low enough for him to buy. “I’m not sure if (they) gave us land we’d build out there, to be honest with you,” he said. nnn Despite its size and scope, Coyote Springs in some ways is not unique. Southern Nevada is an anything-goes real estate market where big, risky projects get pitched all the time. Con t inu e d on pag e 9
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Of course, plenty of them flop. During the recession, the valley was littered with abandoned, partially built condo buildings, megaresorts, housing tracts and other projects, and many other plans died on the drawing board. Still, big projects once viewed as being in the middle of nowhere have found success. When developers started building The Lakes, for instance, in the mid1980s, Janet Carpenter couldn’t understand why anyone would want to live “way out there” at the housing and commercial project built around a man-made lake in what was then open desert. Five years later, she bought a house there. The Lakes, however, is just seven miles west of the Strip, whereas CoyA project marker sits in the long-stalled Coyote Springs community about 60 ote Springs is about 60 miles away. miles north of Las Vegas. (L.E. Baskow/staff file) But Carpenter, a broker with Signacourt records. and sought to build a facility. ture Real Estate Group, noted that In 2004, the duo signed Pardee The plans never materialized, and some people don’t mind a long comHomes as Coyote Springs’ lead buildAerojet sold the site in 1998 to two mute. er. The company agreed to buy 2,000 influential Northern Nevadans: lobShe once sold a house for a UPS acres, slated for about 7,000 homes, byist Whittemore and partner David driver who was moving from the valand had an option to buy an additionLoeb, a real estate developer and coley to Mesquite, about 80 miles northal 13,000 acres, reports said. founder of mortgage lender Countryeast of Las Vegas. He planned to keep Court filings say Pardee paid more wide Financial Corp. working in Las Vegas, which Carpenthan $100 million for land here and Despite the back-slapping at the ter thought was “the stupidest thing had an option to buy the whole projnews conference years later, not evI’ve ever heard.” ect site for $1.2 eryone wel“But I’ve seen it happen,” she said. billion. comed the Home Builders Research founder “Let’s put it this way: I’m “I think Las planned city. Dennis Smith once thought Coyote not standing in line to Vegas is movEnvironmenSprings would do well but now disbuy property there, and I ing closer to talists said it misses it as far-fetched. It’s a great wouldn’t want to be the Coyote every would harm place to live “if you’re hiding from day,” Whittesensitive areas somebody,” he said, and in his 60s, he first one in line to do it.” more said when and that it typidoesn’t expect “to see anything out Kent Lay, Las Vegas division the deal was fied leapfrog there before I’m dead.” president for Woodside Homes announced. development. Still, he said people in the 1990s “You’re only Activist groups laughed at developer Jim Rhodes 50 minutes sued to block it. for launching the 1,300-acre Rhodes away. That’s nothing. You look at the The Environmental Protection Ranch on the outskirts of town, about choices people are making. Pahrump? Agency, however, gave Whittemore 10 miles southwest of the Strip. Is that drive easy?” an award. “There are people with money Seeno’s brother Albert Seeno Jr. His project, the EPA said in 2006, who do some silly things sometimes,” also invested, buying one-third of the was “committed to preserving aquatic Smith said, “and then they turn out to development company, court records resources” and was “a model for envibe visionaries.” show. ronmentally sensitive development nnn With all the government approvals in the arid West.” needed to build, Whittemore drew “You’re kidding me,” the director of Coyote Springs, straddling the scrutiny over his deep political conthe Progressive Leadership Alliance Clark and Lincoln county lines, isn’t nections. But, he said in 2006, he’d alof Nevada said at the time. “I don’t some lush oasis that Whittemore ways face some opposition because of know why anyone would get an award stumbled upon and other developers his lobbying background and, he said, for plopping 80,000 homes down overlooked. his successful career. in the middle of the desert. Maybe “It amazes me that (he’s) inter“I think people are a little bit jealthey’ll give an award to Yucca Mounested in that area,” a Bureau of Land ous,” he said. “I am very blessed. I am tain next,” he said of the proposed Management official said in 2000, the luckiest guy in America.” nuclear-waste dump. after Whittemore laid out his plans. Loeb died in 2003, and afterward, “There’s no lake, no fishing. There’s nnn Whittemore brought in Bay Area really nothing there.” By spring 2007, with cracks aphomebuilder Tom Seeno as a partner. Previous owners figured the site pearing in Las Vegas’ housing marSeeno, whose family has owned stakes was ideal for building and testing misket, there were reports that Coyote in Nevada casinos, acquired 50 persile engines. Aerojet-General Corp. Springs was foundering. cent ownership of Whittemore’s deacquired the property in 1988 in a In late 2008 — a few months after velopment company, according to land swap with the U.S. government
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VEGAS INC nov. 29 - dec. 5
Lehman Brothers collapsed and with the financial crisis in full swing — Whittemore’s group expected home construction to start in 2010. Instead, as the economy crumbled, executives sued one another and Coyote Springs ground to a halt. In 2011, the developers sued Pardee, alleging the company had, among other things, failed to start “vertical construction” of the golf clubhouse and complete site work for utilities. In 2012, the Seenos, through various limited liability companies, sued Whittemore and his wife, Annette, alleging the embezzlement of “tens of millions of dollars.” According to the suit, Harvey Whittemore “confessed” that company money was used for, among other things, his daughter’s wedding; political fundraisers and parties; box seats for Reno Aces minor-league baseball games; high-end stereo equipment; and loans to friends. Moreover, he allegedly “withdrew hundreds of thousands of dollars in cash” from the company. At Whittemore’s instruction, the lawsuit claimed, employees always kept between $5,000 and $10,000, in $100 bills, in a safe in the office. Whittemore yanked out $315,000 in 2006 alone, the Seenos claimed. Less than a week after the suit was filed, the Whittemores struck back, suing the Seeno brothers and Albert’s son Albert Seeno III. After the economy tanked, Albert Jr. “became disgruntled about his investment” and “started falsely accusing” Harvey Whittemore of financial crimes, the suit alleged. At a summer 2010 meeting at the Peppermill resort in Reno, according to the lawsuit, Albert Jr. threatened to go to the FBI; threatened to “personally bring down every member” of Nevada’s political machine; asked Whittemore whether he believed in God and told him to “gather his flock on Sunday and pray”; and threatened the lives of Whittemore and his family. The Seenos also allegedly sent employees to the Whittemores’ homes “to intimidate them and force them to give up” jewelry, art, cars and other assets. One time, the lawsuit claimed, “a large, very ominous and burly man named ‘Ray’ demanded that Mr. Whittemore open a safe in the house.” Apparently joined by other goons, Ray told Whittemore they only wanted to see what was inside, but he “dumped everything in the safe into a bag and took it with him.” Meanwhile, a few months afterWhittemore sued the Seenos, a federal Continued on page 10
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VEGAS INC nov. 29 - dec. 5
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grand jury indicted Whittemore on charges that he funneled illegal campaign donations to a member of Congress — later identified as Reid — and lied to FBI agents about it. A jury in 2013 found Whittemore guilty on three of four counts, and a judge sentenced him to two years in prison and fined him $100,000. Litigation about Coyote Springs eventually was resolved. The Seenos bought out Whittemore’s stake in the project a few years ago in a “very, very confidential” settlement, general counsel Cargill said, and the Seenos in June reacquired about 2,600 acres that Pardee previously owned. Whittemore, now 63, is incarcerated in Lompoc, Calif., and is scheduled to Michael Ghiorso, director of operations at Coyote Springs Golf Club, is asked often be released May 2, 2016, according to whether homes ever will be built at Coyote Springs. “Yes, that’s the intent — to build the Federal Bureau of Prisons. homes, build a city,’ ” he tells them. “It’s always been that.” (L.E. Baskow/staff file) VEGAS INC mailed a letter to him reThe par-72 course, designed by golf want the infighting “dredged up.” questing to talk about Coyote Springs. legend Jack Nicklaus, opened in 2008, “That’s a part of the past,” she said. No response was received. the first of what was supposed to be a Efforts to speak with attorneys who nnn dozen or so courses at Coyote Springs. represented the Whittemores, the SeeGolfweek for years named it one of the Coyote Springs Golf Club isn’t much nos and Pardee, as well as with the Seetop 100 residential courses, and Golf of a club — for one thing, there’s no nos themselves, were unsuccessful. Digest in 2011 ranked it one of Amerclubhouse — but it does have one of the Cargill, for one, says her group is ica’s top 100 public courses (it tied for best golf courses in Southern Nevada. focused on the future, and she didn’t
95th). Driving around the course recently, director of golf Karl Larcom said the course is kept in great shape and is tough to play, with rolling fairways and deep bunkers. Tiffin, the golfer, said it’s in “pristine condition.” “Honestly, it’s unbelievable,” Colorado property manager Barry Schafer said between strokes during a July visit. He was on a golfing vacation with his wife and friends, including Tiffin. “This is by far the nicest we’ve played.” Golfers often wonder why the course is in the middle of nowhere, asking staff members why it is where it is and whether they really drive here every day for work. “Those are the two questions that we get 100 times a day,” said Larcom, who lives in Henderson and has a 67-mile commute. For his part, Schafer doesn’t care that Coyote Springs is without houses. He comes to play golf. “Every time we’ve played here,” he said, “it’s the same: perfect.” Staff librarian Rebecca Clifford-Cruz contributed to this report.
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words to the wise “Always remember what motivated you to want to be successful. Be genuine and sincere and establish trust among those around you.” — Carol Thompson, vice president and general manager of Green Valley Ranch Resort
Station Casinos’ top women executives offer advice for up-and-comers:
“Be results-driven, a problem-solver and professional. No one can argue whether you deserve any position if you continually deliver improvements, solve problems and create a great work environment where you are employed.”
“Find a mentor, and be a mentor. Everybody needs someone whom she or he can go to for help, guidance or just to talk something through. Pass that on by helping someone else develop their skills and reach their goals.”
— Stacy Stagg, vice president and general manager of Fiesta Rancho
— Lydia Mason, vice president and general manager of Texas Station
wom en of stat i on, from page 1
More and more, gaming companies are investing in leadership programs for women to Southern Nevada in 1990. “I wanted to be more of a contributor. So when the food and beverage director approached me about getting into management, it was the right time.” Looking back 20 years later, it was a move that proved rewarding, as serendipity — coupled with Stagg’s own drive and determination — helped Stagg carve a professional path that included multiple promotions and transfers across various Station properties. She now is vice president and general manager of Fiesta Rancho. In most gaming companies, executive positions are overwhelmingly occupied by men. But for Station Casinos — whose first female general manager, Cookie Dreschler, attained the title in 1999 — having Stagg at the reins is par for the course. In an industry where women in upper management historically have been few and far between, Station Casinos is bucking the trend. Women comprise one-third of general managers at the company’s nine local properties. The trio includes Carol Thompson, vice president and general manager of Green Valley Ranch Resort, and Lydia Mason, vice president and general manager of Texas Station. “I’ve never thought in terms of gender, and hiring and promoting women just happens organically,” Stagg said. “(Carol Thompson) and I were both raised in Station Casinos, where
the policy has always been to hire the best person for the job.” Thompson started in 2000 with Station as director of training at Sante Fe Station and, like Stagg, worked in marketing and management at multiple Station properties. A New Yorker with a degree in business management from the University of Phoenix, Thompson moved to Southern Nevada in 1988 and began her career in the gaming industry as an executive assistant. She also served on active duty in the Air Force. “I don’t really think that much about gender — it’s more about putting the right people in the right spot — although I have had the occasion where maybe a guest will relate better to me or to my assistant general manager, who is male. Or I might bond with someone who might find it curious that there’s a female in my job, given that this has historically been a male-dominated industry,” Thompson said. Virginia Valentine, president of the 50-year-old Nevada Resort Association, which advocates and lobbies for the state’s gaming and tourism industries, said gaming companies increasingly are recognizing the value of having female executives and are investing in leadership and mentoring programs to develop women leaders. “Historically, there have always been women in gaming,” said Valen-
tine, who assumed her post in 2010. “Verlie Doing in Searchlight, Jeanne Hood and Claudine Williams were pioneers, (and former) Gov. Richard Bryan’s appointment of Patty Becker to the Gaming Commission in 1983 put a woman in a very important and very visible position on a previously all-male board. “From the time when there were no women dealers to now, there are women in every conceivable corporate position all the way to the boardroom. They’re not where are they are because they’re women. They’re where they are because they are very, very good at what they do.” Case in point is Lydia Mason, who rounds out Station’s trifecta. A native of Nebraska who earned a bachelor of business administration degree from Nebraska Wesleyan University, Mason began her career as a cocktail server on a riverboat in Council Bluffs, Iowa, and worked in various departments at the Caesars Entertainment-owned Horseshoe Casino — at table games, in food and beverage and eventually as vice president of operations. “I had been in Iowa for a long time, and I felt there wasn’t much left to learn there, so when I got a call from a (Station Casinos) recruiter, it seemed as though the stars had aligned,” Mason said. Mason relocated to Southern Nevada in 2012 and joined Station as
vice president and assistant general manager of Boulder Station . She took over Texas Station in October 2014. She describes herself as a motivator who thrives on helping employees and promoting her property. “Texas Station has a great heritage and such a unique identity, from the theme and décor to the long-term team members, and we’re just finalizing our plans for capital expenditures in 2016, which will include significant improvements,” Mason said. Valerie Murzl, Station Casinos’ senior vice president of human resources, estimated that women comprise about 50 percent of the company. Affording them the same opportunities as men keeps with the company’s culture of treating people fairly with dignity and respect, she said. “When I joined the company 18 years ago as a corporate executive woman from outside the industry and the state, I was met with open arms,” Murzl said. “We care about the whole person, regardless of their gender … . As a leader in our industry, we must model the diversity in our community, and women play an important role in our state.” Thompson said she hoped her and her colleagues’ contributions helped future female executives. “We’re maybe making it easier for future generations of women to realize their career potential,” she said.
TOP TECH EXEC AWARDS 2015 THE SMITH CENTER 11.19.15 PHOTOG: WADE VANDERVORT
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Calendar of events Monday, Nov. 30 Lambda Business Association: Stonewall Democratic Club meeting Time: 5:30 p.m. Cost: Free Location: Gay and Lesbian Center of Southern Nevada, 401 S. Maryland Parkway, Las Vegas Information: Email derekisademocrat@gmail.com Participate in LGBT training and network with LGBT-friendly business professionals.
Tuesday, Dec. 1 Nevada Speed Networking Time: 1-3:15 p.m. Cost: Free Location: Wells Fargo Building, 112 Water St., Henderson Information: Visit hendersonchamber.com Connect with as many businesspeople as you can in this fast-paced speed networking event hosted by the Las Vegas Nevada Marketing Association.
Wednesday, Dec. 2 Gay and Lesbian Chamber of Commerce Nevada holiday fiesta Time: 6-9 p.m. Cost: $40 for members, $50 for nonmembers Location: Model Factory LV at the Boulevard mall, 3528 S. Maryland Parkway, Las Vegas Information: Visit commerce.glccnv.org Celebrate the chamber’s standout members, and learn what the organization has planned for 2016.
Thursday, Dec. 3 Annual tax and year-end update Time: 7:30-9 a.m. Cost: Free for clients, $35 for general admission Location: Houldsworth, Russo & Co., 8675 S. Eastern Ave., Las Vegas Information: Visit trusthrc.com Houldsworth, Russo & Co. Managing Partner
Dianna Russo will discuss 2014 tax strategies, changes in W-2 and 1099 forms and insights for 2015. “Profitable Exit and Succession Strategies for Business Owners” Time: 7:30-9:30 a.m. Cost: Free for Henderson Chamber of Commerce members, $10 for nonmembers, additional $10 for walk-ins Location: Wells Fargo Building, HBRC Seminar Room, 112 S. Water St., Henderson Information: Call 702-565-8951 Dan Yount, of B2B CFO, an exit strategy services firm, will discuss how to reduce risk and accelerate the value of your business, and what owners should do now to prepare for their exit. Toastmaster lunchtime talkers Time: 12-1 p.m. Cost: Free Location: Urban Chamber of Commerce, 1951 Stella Lake St., Suite 30, Las Vegas Information: Visit business.urbanchamber.org Learn how to communicate effectively with employees and customers, and perfect your elevator pitch. Meet professionals to expand your business network.
Friday, Dec. 4 “Privacy and Security from the Inside Out” Time: 8 a.m.-5 p.m. Cost: $495 Location: Thomas & Mack Moot Court, 4505 S. Maryland Parkway, Las Vegas Information: Call 702-895-2489 UNLV’s Boyd School of Law will explore privacy, security and technology. Speakers will discuss operating private and secure offices, security breaches, working with vendors and business partners, and serving customers through technology. Athena Awards luncheon Time: 11:15 a.m.-2 p.m. Cost: $75 Location: Club Madrid at Sunset Station, 1301 W. Sunset Road, Henderson Information: Visit womenschamberofnevada.org
The Women’s Chamber of Commerce of Nevada will honor local women who excel in their professions, give back to their community and foster new leaders. This year’s Minority Lifetime Achievement Award will be presented to Eloiza Martinez, a retired executive from Wells Fargo Bank and president emeritus of the Las Vegas Latin Chamber. Proceeds from the event will pay for scholarships for underprivileged students.
Monday, Dec. 7 UNLV Summit on Nevada Education Time: 9 a.m.-5 p.m. Cost: $30 for UNLV students, $60 for general admission Location: UNLV Student Union, 4505 S. Maryland Parkway, Las Vegas Information: Call 702-895-3607 Leaders and decision makers from across the community will discuss education in the state. Nevada Republican Men’s Club luncheon Time: 11:30 a.m.-1 p.m. Cost: $30 for members, $35 for nonmembers Location: Cili at Bali Hai Golf Course, 5160 Las Vegas Blvd. South, Las Vegas Information: Visit republicanmensclub.com Las Vegas Sun entertainment reporter Robin Leach will discuss politics and entertainment.
Tuesday, Dec. 8 Henderson Chamber of Commerce networking breakfast Time: 7-9 a.m. Cost: $25 for members, $45 for nonmembers, additional $10 for walk-ins Location: Wildhorse Golf Club, 2100 W. Warm Springs Road, Henderson Information: Visit hendersonchamber.com Clark County Sheriff Joseph Lombardo will discuss the More Cops sales-tax increase, which takes effect Jan. 1. The 0.05 percent increase is expected to raise about $15 million annually for Metro and will allow department officials to hire 133 more officers.
Conventions
expected Show Location Dates attendance
American Association of Equine Practitioners Annual Conference
Mandalay Bay
Dec. 2-10
3,800
Power-Gen International Conference
Las Vegas Convention Center
Dec. 8-10
20,000
23rd Annual World Congress on Anti-Aging
Venetian
Dec. 10-13
1,000
Las Vegas Numismatic Society The Vegas Coin and Jewelry Show
Westgate
Dec. 11-13
3,000
National Groundwater Expo and Annual Meeting
Las Vegas Convention Center
Dec. 16-18
4,500
Bick International - Coin, Currency, Jewelry & Stamp Expo
Orleans
Dec. 18-20
1,000
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Records and Transactions Bankruptcies Chapter 7 Steve Sand Sandbar SD LLC 11482 Belmont Lake Drive, Unit 104 Las Vegas, NV 89135 Attorney: Steve Sand Sandbar SD LLC
Bid Opportunities MONDAY, NOV. 30 3 p.m. Current production model miscellaneous vehicles Clark County, 603890 Sandra Mendoza at sda@clarkcountynv.gov 3 p.m. Current production model pick-up and passenger van with wheelchair lift Clark County, 603892 Sandra Mendoza at sda@clarkcountynv.gov
THURSDAY, DEC. 3 2:15 p.m. Russell campus department of air quality: tenant improvements at second floor Clark County, 603887 Sandy Moody-Upton at scm@ clarkcountynv.gov 3 p.m. ARC for locksmith services countywide Clark County, 603889 Adriane Garcia at akgarcia@clarkcountynv.gov
FRIDAY, DEC. 4 2:15 p.m. Rainbow Boulevard, Cactus Avenue to Blue Diamond Road Clark County, 603846 Tom Boldt at tboldt@clarkcountynv.gov
Brokered transactions SALES $1,600,000 for 1.2 acres Address: 7650 W. Sahara Ave., Las Vegas 89117 Seller: West Sahara LLC Seller agent: Jim Hill of ROI Commercial Real Estate Buyer: Lane Smith Buyer agent: Alexia Crowley of MDL Group
LEASES $351,000 for 13,200 square feet for 60 months, retail Address: 7211 S. Eastern Ave., Suite 120, Las Vegas 89119 Landlord: L.D. Warm Springs LLC Landlord agent: David Grant of
Colliers International Tenant: Boot Camp Las Vegas LLC Tenant agent: Jakke Farley of Virtus Commercial $144,144 for 2,288 square feet for 36 months, office Address: 1485 W. Warm Springs Road, Suite 103, Henderson 89014 Landlord: TIH Augusta Park Landlord agent: Chris Emanuel and Monica Noto of Virtus Commercial Tenant: Goodfield Ltd. dba Nevada Spine Institute Tenant agent: Did not disclose $95,893 for 1,100 square feet for 60 months, retail Address: 6320 Simmons St., Suite 135, North Las Vegas 89031 Landlord: Bridge 33 Properties V LLC Landlord agent: Jim Hill of ROI Commercial Real Estate Tenant: Tiabi LLC Tenant agent: Jakke Farley of Virtus Commercial
Business licenses Tandem Therapy services LLC License type: Professional services - medical Address: 7261 W. Charleston Blvd., Suite 101, Las Vegas 89117 Owner: Christopher Holcomb Task Masters License type: Personal services Address: Did not disclose Owner: LB & JO LLC Taylor Barber License type: Independent massage therapist Address: 313 Balsa St., Henderson 89002 Owner: Taylor Rae Barber Terra Nova Transportation LLC License type: Sales/services Address: 1017 Windwalker Ave., North Las Vegas 89031 Owner: Terra Nova Transportation LLC The Ville Clothing License type: Sales Address: 19 S. Water St., Suite B, Henderson 89015 Owner: Roberto Allen May Titanium Building Group LLC License type: Contractor Address: 4325 W. Patrick Lane, Suite 130, Las Vegas 89118 Owner: Titanium Building Group LLC Tommy Construction & Handyman License type: Property maintenance Address: 2468 Wrangler Walsh Lane, Henderson 89002 Owner: Tommy Trung Pham Universal Furniture Design LLC
License type: Repair and maintenance Address: 2912 Highland Drive, Suite L, Las Vegas 89109 Owner: Wanda Luna
Acceptance Now License type: Rental and leasing Address: 91 S. Martin Luther King Blvd., Las Vegas 89106 Owner: RAC Acceptance West LLC
Vegas Discount Nutrition License type: Health food store Address: Did not disclose Owner: Las Vegas Discount Nutrition
Ace Sign Installations License type: Sales/services Address: 3613 Seneca Hill Drive, North Las Vegas 89032 Owner: Rik Stoddard
Vegas Extreme Skydiving License type: Instruction services Address: Did not disclose Owner: Edward A. Carroll
Ace’s Property Maintenance License type: Residential property maintenance Address: 1038 Cat Creek Court, Las Vegas 89002 Owner: Luckystrike 702 LLC
Vegas Flip Flops License type: General retail sales Address: 725 Las Vegas Blvd. South, Suite 260, Las Vegas 89101 Owner: MLT Trading LLC Victorio Studio License type: General retail sales Address: 2800 W. Sahara Ave., Suite 2G, Las Vegas 89102 Owner: Victor Arriaga Perez Wagner Gonzalez License type: Solicitor Address: 1110 Sleetridge Drive, Las Vegas 89183 Owner: Did not disclose Wealthcare Connect License type: Commodities, securities or mutual funds Address: 194 Inveraray Court, Henderson 89074 Owner: The Wealthcare Center LLC Weiss & Weiss PC License type: Professional services Address: 2300 W. Sahara Ave., Suite 420, Las Vegas 89102 Owner: Weiss & Weiss YC Signs LLC License type: Contractor Address: 4201 Esmeralda Ave., Las Vegas 89102 Owner: Julio J. Martinez YC Signs LLC License type: Contractor Address: Did not disclose Owner: Yanelkis Carroza You Want You Get It Delivery & Services License type: Express or delivery service Address: Did not disclose Owner: Juliana Rast 510 Concessions License type: Food services or cafe Address: 3125 Cool Forest St., Las Vegas 89117 Owner: Daniel Bernethy 7-Eleven License type: Convenience store Address: 1100 Las Vegas Blvd. South, Las Vegas 89104 Owner: JNA Judge I Inc.
ADL Home Health Therapy LLC License type: Personal services Address: 2470 St. Rose Parkway, Suite 213, Henderson 89074 Owner: ADL Home Health Therapy LLC Ambassador Pool Service License type: Residential property maintenance Address: Did not disclose Owner: Ambassador Pool Service Inc. Apex Collections Inc. License type: Business support service Address: 1820 E. Sahara Ave., Suite 109, Las Vegas 89104 Owner: Robert C. Halgas Artistic Pool/Spa Inc. License type: Contractor Address: 8879 W. Flamingo Road, Las Vegas 89147 Owner: Did not disclose AT&T Authorized Retailer License type: Sales/services Address: 2225 E. Centennial Parkway, North Las Vegas 89081 Owner: Spring Communications Holding Inc. Barbara Yong License type: Instruction services Address: Did not disclose Owner: Barbara Yong Barclays Services LLC License type: Office services Address: 2290 Corporate Circle, Henderson 89074 Owner: Barclays Services LLC BC Jumpers License type: Rental and leasing Address: 1001 S. Torrey Pines Drive, Suite D, Las Vegas 89107 Owner: Luis Antonio Morga Bradley Architectural Systems Ltd. License type: Interjurisdictional business Address: 5225 S. Valley View Blvd., Suite 2, Las Vegas 89118 Owner: Bradley Architectural Systems Limited
Branching Out License type: General retail sales Address: 1717 S. Decatur Blvd., Suite H19, Las Vegas 89102 Owner: Branching Out Enterprises LLC Brett Rubin License type: Professional promoter Address: 11741 Bradford Commons Drive, Las Vegas 89135 Owner: Brett Rubin Bristlecone Tile and Stone LLC License type: Contractor Address: 497 Whitewood Drive, Henderson 89052 Owner: Bristlecone Tile and Stone LLC Brixton Cleaning LLC License type: Residential property maintenance Address: 1404 S. Jones Blvd., Las Vegas 89146 Owner: Scott Hoag Bryce L. Smuin License type: Real estate sales Address: 10220 W. Charleston Blvd., Suite 3, Las Vegas 89145 Owner: Bryce L. Smuin Caribbean Puzzles License type: General retail sales Address: 4300 Meadows Lane, Kiosk 10, Las Vegas 89107 Owner: Hadigo LLC Carlos Studio License type: Photography Address: 1014 E. Charleston Blvd., Suite 102, Las Vegas 89104 Owner: Carlos Escobar Rivera Cash 1 License type: Finance company Address: 1331 W. Warm Springs Road, Suite 130, Henderson 89014 Owner: Cash 1 LLC Chillyrays License type: Mobile food vendor Address: 827 N. Main St., Las Vegas 89106 Owner: Chillyrays LLC Citywide Home Loans, A Utah Corporation License type: Professional services Address: 1333 N. Buffalo Drive, Suite 190, Las Vegas 89128 Owner: Steve Goorman Claymore Development LLC License type: Contractor Address: 72 John Stuart Mill St., Henderson 89002 Owner: Claymore Development LLC Code Blue Towing License type: Automobile towing service Address: 2820 Ringe Lane, Las Vegas 89156 Owner: Allvalley LLC
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Records and Transactions Code Finders License type: Business support service Address: 1612 Tangerine Rose Drive, Las Vegas 89142 Owner: Code Finders LLC Community Maids LLC License type: Residential property maintenance Address: Did not disclose Owner: Hilda Gaxiola Comprehensive Cancer Centers of Nevada License type: Medical center Address: 2460 W. Horizon Ridge Parkway, Henderson 89052 Owner: Allison, Curtis, Kingsley, Meoz, Michael & Sanchez Cops Monitoring License type: Burglar alarm service Address: 1041 Glassboro Road, Suite F2, Las Vegas 8094 Owner: Lydia Security Monitoring Inc. Cuthbert Mack Law Corp. License type: Professional services Address: 1040 E. Sahara Ave., Suite 101, Las Vegas 89104 Owner: Cuthbert E.A. Mack
$218,097, single-family residential - production 429 Rosina Vista St., Las Vegas Woodside Homes of Nevada LLC
$158,531, residential - production 896 McKinley View Ave., Henderson Ryland Homes Nevada LLC
$139,997, commercial - remodel 854 S. Boulder Highway, Henderson Henderson Shopping Village LLLP
$214,369, commercial - addition 333 Gowan Road, North Las Vegas Capitol Steel Constructors Inc.
$157,810, residential - production 711 Sea Coast Drive, Henderson KB Home LV Pearl Creek LLC
$138,306, single-family residential - production 9651 Ashlynn Peak Court, Las Vegas Richmond Homes of Nevada
$204,593, single-family residential - production 8389 Thom Blvd., Las Vegas Plaster Development Company Inc. $201,616, residential - production 2800 Josephine Drive, Henderson Richmond American Homes Nevada $200,623, single-family residential - production 7115 Grand Canyon Drive, Las Vegas Toll North LV LLC $200,623, single-family residential - production 7165 Grand Canyon Drive, Las Vegas Toll North LV LLC
BUILDING PERMITS
$194,589, single-family residential - production 9960 Wildhorse Canyon Ave., Las Vegas Woodside Homes of Nevada LLC
$585,000, tenant improvement offices 300 S. Fourth St., Suite 600, Las Vegas Summit Construction Inc.
$193,476, single-family residential - production 9761 Mosaic Canyon St., Las Vegas Greystone Nevada LLC
$333,000, demolition 2300 Paseo Verde Parkway, Henderson Station GVR Acquisition LLC $301,547, commercial - remodel 1381 W. Sunset Road, Henderson Remington commercial LLC $280,224, commercial - alteration 4080 Arcata Way, North Las Vegas Nevada American Construction $259,339, residential - production 2272 Edge Ridge Court, Henderson Lawrence Hartman $250,073, single-family residential - production 9766 Mosaic Canyon Court, Las Vegas Greystone Nevada LLC $233,230, single-family residential - production 12002 Tramonto Ave., Las Vegas Toll South LV LLC $227,465, single-family residential - production 9760 Mosaic Canyon Court, Las Vegas Greystone Nevada LLC
$183,998, single-family residential - production 8369 Thom Blvd., Las Vegas Plaster Development Company Inc. $181,244, single-family residential - production 433 Rosina Vista St., Las Vegas Woodside Homes of Nevada LLC $178,992, residential - production 2159 Tortona St., Henderson Pardee Homes Nevada $172,295, commercial - remodel 3019 St. Rose Parkway, Henderson Shoshone Cattle & Land Development $169,954, residential - production 2150 Tortona St., Henderson Pardee Homes Nevada
$157,755, residential - production 3090 Ripe Peak Lane, Henderson KB Home Inspirada LLC $156,323, single-family residential - production 363 Port Reggio St., Las Vegas Ryland Homes $154,317, residential - production 2151 Tortona St., Henderson Pardee Homes Nevada $150,000, tenant improvement store 240 S. Decatur Blvd., Las Vegas K&N Construction Inc. $149,022, residential - roofing 316 Slaters Glen Court, North Las Vegas Woodside Homes of Nevada LLC $149,022, residential - new 321 Slaters Glen Court, North Las Vegas Woodside Homes of Nevada LLC $146,497, single-family residential - production 7454 Old Compton St., Las Vegas Greystone Nevada LLC $145,833, residential - production 1145 Aubrey Springs Ave., Henderson DR Horton Inc. $145,833, residential - production 1157 Aubrey Springs Ave., Henderson DR Horton Inc. $145,722, residential - production 2154 Tortona St., Henderson Pardee Homes Nevada $145,722, residential - production 2158 Tortona St., Henderson Pardee Homes Nevada $145,722, residential - production 2155 Tortona St., Henderson Pardee Homes Nevada $145,279, residential - production 48 Sadler Shore St., Henderson Ryland Homes Nevada LLC
$137,512, residential - production 484 Heritage Bridge Ave., Henderson Greystone Nevada LLC $137,294, residential - production 690 Tidal Flats St., Henderson KB Home LV Pearl Creek LLC $135,531, single-family residential - production 7450 Old Compton St., Las Vegas Greystone Nevada LLC $134,743, residential - production 1149 Aubrey Springs Ave., Henderson DR Horton Inc. $134,743, residential - production 1153 Aubrey Springs Ave., Henderson DR Horton Inc. $134,434, single-family residential - production 6781 Bristle Falls St., Las Vegas Ryland Homes $133,856, residential - production 2626 Ornate Regiment St., Henderson Beazer-Inspirada LLC $131,315, single-family residential - production 6430 Dunns River St., Las Vegas Richmond Homes of Nevada $131,250, residential - production 335 Values Circle, Henderson Woodside Homes of Nevada LLC $128,699, residential - production 459 Fortissimo St., Henderson Richmond American Homes Nevada $128,000, tenant improvement restaurant 6300 W. Charleston Blvd., Suite 170, Las Vegas Distinctive Contractors LLC $126,869, residential - production 1137 Strada Cristallo, Henderson Century Communities Nevada LLC
$119,272, residential - production 412 Honeybrush Ave., Henderson Greystone Nevada LLC $118,103, residential - new 116 Heathrow Lake Ave., North Las Vegas Woodside Homes of Nevada LLC $118,103, residential - new 112 Heathrow Lake Ave., North Las Vegas Woodside Homes of Nevada LLC $117,276, residential - production 957 Harbor Ave., Henderson KB Home LV Pearl Creek LLC $116,611, residential - production 409 Honeybrush Ave., Henderson Greystone Nevada LLC $116,112, residential - production 497 Heritage Bridge Ave., Henderson Greystone Nevada LLC $115,779, residential - production 408 Honeybrush Ave., Henderson Greystone Nevada LLC $115,372, residential - new 104 Heathrow Lake Ave., North Las Vegas Woodside Homes of Nevada LLC $115,303, residential - new 108 Heathrow Lake Ave., North Las Vegas Woodside Homes of Nevada LLC $115,000, tenant improvement store 7581 W. Lake Mead Blvd., Suite 130, Las Vegas MRC Builders LLC $114,802, single-family residential - production 8116 Skye Wolf Court, Las Vegas Woodside Homes of Nevada LLC $114,171, residential - production 457 Cadence View Way, Henderson Richmond American Homes Nevada $112,175, residential - production 493 Heritage Bridge Ave., Henderson Greystone Nevada LLC $111,399, residential - production 276 Persistence Court, Henderson Ryland Homes Nevada LLC
$160,638, residential - production 480 Heritage Bridge Ave., Henderson Greystone Nevada LLC
$141,734, single-family residential - production 10589 Leroux Court, Las Vegas Richmond Homes of Nevada
$124,318, residential - production 2507 Venarotta St., Henderson KB Home Inspirada LLC
$108,485, residential - new 320 Slaters Glen Court, North Las Vegas Woodside Homes of Nevada LLC
$159,307, residential - production 488 Heritage Bridge Ave., Henderson Greystone Nevada LLC
$141,563, residential - production 900 McKinley View Ave., Henderson Ryland Homes Nevada LLC
$123,986, residential - production 501 Heritage Bridge Ave., Henderson Greystone Nevada LLC
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The Society of Industrial and Office Realtors® Southern Nevada Chapter salutes our 2015 sponsors for their generous support and commitment throughout the year. SOUTHERN NEVADA CHAPTER
Through the collective wisdom of nearly 300 years of combined experience in the commercial real estate industry and producing over $8 billion dollars since 2001 in market transactions, we currently have 28 commercial real estate professionals in Southern Nevada with the SIOR designation. By choosing a SIOR for your next transaction, you are assured of an experienced, credentialed, and ethical professional.
PLATINUM
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Interested in becoming an SIOR Sponsor in 2016? Please contact the Southern Nevada Chapter at 702.369.4866.
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VEGAS INC
your Business-to-business news
nov. 29 - dec. 5
Send your business-related information to news@vegasinc.com
The List
Category: SBA Lenders (Ranked by loan volume compiled from Oct. 1, 2014, to Sept. 30, 2015) 2015 loan volume
2015 loans
2014 loan volume
2014 loans
Wells Fargo Bank 3800 Howard Hughes Parkway, Second Floor Las Vegas, NV 89109 702-791-6370 • WellsFargo.com
$35,152,600
10
$25,636,100
75
2
Meadows Bank 8912 Spanish Ridge Ave. Las Vegas, NV 89148 702-471-2265 • MeadowsBank.com
$26,315,100
1
$15,480,700
19
3
JPMorgan Chase Bank 9911 W. Charleston Blvd., Suite 1 Las Vegas, NV 89117 702-938-0050 • Chase.com
$13,409,600
10
$5,117,700
23
4
Seacoast Commerce Bank 7436 Oak Grove Ave. Las Vegas, NV 89117 702-538-7841 • SCCombank.com
$12,948,698
5
$16,535,400
21
5
Live Oak Banking Co. 1741 Tiburon Drive Wilmington, NC 28403 877-890-5867 • LiveOakBank.com
$8,087,000
5
$770,000
2
6
East West Bank 4711 Spring Mountain Road Las Vegas, NV 89102 702-475-6111 • eastwestbank.com
$8,071,000
1
$6,095,000
12
7
U.S. Bank 2300 W. Sahara Ave., First Floor Las Vegas, NV 89102 702-251-1600 • USBank.com
$6,781,200
4
$6,341,300
88
8
Royal Business Bank 3919 Spring Mountain Road Las Vegas, NV 89102 702-405-2543 • rbbusa.com
$6,257,000
4
-
-
9
Celtic Bank Corp. 268 S. State St., Suite 300 Salt Lake City, UT 84111 801-363-6500 • CelticBank.com
$6,219,700
4
$3,140,000
12
Newtek Small Business Finance Inc. 212 W. 35th St., Second Floor New York, NY 10123 Did not disclose • thesba.com
$5,364,300
4
-
-
United Community Bank 177 Highway 515E Blairsville, GA 30512 Did not disclose • ucbi.com
$5,000,000
1
-
-
12
First Bank Financial Centre 155 W. Wisconsin Ave Oconomowoc, WI 53066 Did not disclose • fbfcwi.com
$4,542,300
1
-
-
13
Pacific City Bank 3701 Wilshire Blvd., Suite 401 Los Angeles, CA 90010 Did not disclose • paccity.net
$4,540,000
1
-
-
14
Nevada State Bank 6505 N. Buffalo Drive Las Vegas, NV 89131 702-515-2312 • NSBank.com
$4,250,100
1
$6,112,073
25
15
Redding Bank of Commerce 1177 Placer St. Redding, CA 96001 Did not disclose • reddingbankofcommerce.com
$2,993,200
4
$485,000
1
Company
1
10 11
Source: US Small Business Administration and VEGAS INC research. It is not the intent of this list to endorse the participants or to imply that the listing of a company indicates its quality. Although every attempt is made to ensure the accuracy and thoroughness of VEGAS INC charts, omissions sometimes occur and some businesses do not respond. Please send corrections or additions on company letterhead to Julie Ann Formoso, research associate, VEGAS INC, 2360 Corporate Circle, Third Floor, Henderson, NV 89074.
SEASON’S GREETINGS FROM VEGAS’ FOUR SEASONS
use code BOGO* • 702.777.2782 • JerseyBoysVegas.com/Local
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*BOGO applies to sections P3-P5 only. Offer valid for all performances through March 31, 2016. Must show Nevada ID upon pick-up at the box office. Offer is subject to availability and is not valid with any other offer or on previously purchased tickets. All sales final. No refunds or exchanges.