2015-06-21 - VEGAS INC - Las Vegas

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VEGASINC.COM | JUNE 21 - JUNE 27, 2015 BY HOWARD RIELL | SPECIAL TO VEGAS INC White Castle opened its doors on the Strip at the end of January, then had to shut them less than 24 hours later because staff couldn’t keep up with the frantic demand of 4,000 burgers per hour. The recent arrivals of White Castle and Shake Shack — and others such as Chick-fil-A and possibly Cracker Barrel on their heels — could be a sign CHAIN RESTAURANTS, CONTINUED ON PAGE 15 $1.87 Average cost of a dozen eggs anticipated for the fourth quarter of this year, as estimated by the U.S. Department of Agriculture. $86M Cost of MGM Resorts International’s annual NV Energy bill, according to Chairman and CEO Jim Murren. MGM Resorts is one of three gaming com- panies thinking of separating from NV Energy and purchasing its own power. Las Vegas’ chain invasion White Castle opened in January at the Best Western Plus Casino Royale on the Strip. (MIKAYLA WHITMORE/STAFF FILE) Tourist-driven economy ideal for variety of fast-food restaurants, which make visitors feel at home 1, 15_VICover_20150621.indd 1 6/19/15 3:55 PM

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Transcript of 2015-06-21 - VEGAS INC - Las Vegas

Page 1: 2015-06-21 - VEGAS INC - Las Vegas

v e g a s i n c . c o m | J u n e 2 1 - J u n e 2 7 , 2 0 1 5

By Howard riell | Special to VeGaS iNc

White Castle opened its doors on the Strip at the end of January, then had to shut them less than 24 hours later because staff couldn’t keep up with the frantic demand of 4,000 burgers per hour. ¶ The recent arrivals of White Castle and

Shake Shack — and others such as Chick-fil-A and possibly Cracker Barrel on their heels — could be a sign cHain restaurants, continued on page 15

$1.87average cost of a dozen

eggs anticipated for the

fourth quarter of this

year, as estimated by

the U.S. Department of

agriculture.

$86M cost of MGM Resorts international’s

annual NV energy bill, according to

chairman and ceo Jim Murren. MGM

Resorts is one of three gaming com-

panies thinking of separating from NV

energy and purchasing its own power.

Las Vegas’ chain invasion

white castle opened in January at the Best Western Plus Casino Royale on the Strip. (mikayla WhitmoRe/Staff file)

Tourist-driven economy ideal for variety of fast-food restaurants, which make visitors feel at home

1, 15_VICover_20150621.indd 1 6/19/15 3:55 PM

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05 06 18Q&A WITH DANA DWIGGINSThe managing partner of Solomon Dwiggins & Freer discusses the growth of the law fi rm, the importance of trust and estate law in Nevada, and a nonprofi t organization she is dedi-cated to helping fulfi ll its mission.

THE NOTESPeople on the move, P4

MEET: I GOT MARRIED IN VEGAS! JUST KIDDINGScott Jason sat on his idea for 10 years before fi nding a place to open up shop. Now, he encourages cus-tomers to use Las Vegas’ reputation to their advan-tage for elaborate pranks.

TALKING POINTSDon’t believe the myths about SBA loans, P7

DATA AND PUBLIC INFORMATIONA listing of local bank-ruptcies, bid opportuni-ties, brokered transac-tions, business licenses and building permits.

MORE VEGAS INC BUSINESS NEWSCalendar: Happenings and events, P17

The List: Highest-paid business executives, P22

NOTEWORTHY STORIES

VOLUME 2, ISSUE 23Vegas Inc (USPS publication no. 15540), 2360 Corporate Circle, Third Floor, Henderson, NV 89074 is published every Sunday except the last Sunday of the year by Greenspun Media Group. Periodicals Postage Paid at Henderson, NV and at additional mailing offices.

POSTMASTER: SEND ADDRESS CHANGES TO:Vegas IncGreenspun Media Group2360 Corporate Circle, Third Floor Henderson, NV 89074 702.990.2545

For inquiries, write to: Vegas Inc2360 Corporate Circle, Third FloorHenderson, NV 89074For back copies: Doris Hollifield at 702.990.8993 or e-mail at [email protected] subscriptions: Call 800.254.2610, or visit vegasinc.com. For annual subscriptions, $50. For single copies, $3.99.

PUBLISHER Donn Jersey ([email protected])

EDITORIALEDITOR Delen Goldberg ([email protected]) MANAGING EDITOR Dave Mondt ([email protected])DIGITAL EDITOR Sarah Burns ([email protected])BUSINESS EDITOR Brian Deka ([email protected])STAFF WRITERS Kailyn Brown, Andrea Domanick, Adwoa Fosu, Jesse Granger, Ana Ley, Megan Messerly, J.D. Morris, Kyle Roerink, Cy Ryan, Eli Segall, Conor Shine, Jackie Valley, Pashtana Usufzy, Katie Visconti, Ian Whitaker COPY DESK CHIEF John TaylorCOPY EDITORS Jamie Gentner, Brian Sandford SPECIAL PUBLICATIONS EDITOR Craig Peterson DIGITAL COORDINATOR Adelaide Chen EDITORIAL CARTOONIST Mike Smith LIBRARY SERVICES SPECIALIST Rebecca Clifford-Cruz RESEARCHER Julie Ann FormosoOFFICE COORDINATOR Nadine Guy

ARTASSOCIATE CREATIVE DIRECTOR Liz Brown ([email protected])DESIGNER LeeAnn EliasPHOTO COORDINATOR Mikayla Whitmore PHOTOGRAPHERS L.E. Baskow, Christopher DeVargas, Steve Marcus

ADVERTISINGASSOCIATE PUBLISHER OF ONLINE MEDIA Katie HortonGROUP DIRECTOR OF SALES OPERATIONS Stephanie RevieaPUBLICATION COORDINATORS Karen Parisi ADVERTISING DIRECTOR Jeff JacobsEXTERNAL CONTENT MANAGER Emma CauthornACCOUNT MANAGERS Katie Harrison, Dawn Mangum, Breen Nolan, Sue SranADVERTISING MANAGERS Jim Braun, Brianna Eck, Frank Feder, Kelly Gajewski, Justin Gannon, Trasie Mason, Donna Roberts, Michelle Walden

MARKETING & EVENTSEVENT MANAGER Kristin WilsonEVENTS COORDINATOR Jordan NewsomDIGITAL MARKETING ASSOCIATE Jackie Apoyan

PRODUCTIONVICE PRESIDENT OF MANUFACTURING Maria Blondeaux ASSISTANT PRODUCTION DIRECTOR Paul Huntsberry PRODUCTION MANAGER Blue Uyeda PRODUCTION ARTIST Marissa Maheras, Dara Ricci ART DIRECTOR Sean Rademacher GRAPHIC DESIGNERS Michele Hamrick, Carlos Herrera TRAFFIC SUPERVISOR Estee Wright TRAFFIC COORDINATORS Kim Smith, Meagan Hodson

CIRCULATIONDIRECTOR OF CIRCULATION Ron GannonROUTE MANAGER Joel Segler

GREENSPUN MEDIA GROUPCEO, PUBLISHER & EDITOR Brian GreenspunCHIEF OPERATING OFFICER Robert CauthornGROUP PUBLISHER Travis KeysEXECUTIVE EDITOR Tom GormanMANAGING EDITOR Ric AndersonCREATIVE DIRECTOR Erik Stein

VINTAGE VEGAS: MDA LABOR DAY TELETHON A THING OF THE PAST

STAFF FILE

Over the past 60 years, the annual Muscular Dystrophy Association telethon, a yearly broadcast of comedians and entertainers, has raised billions of dollars to fi ght muscular dystrophy, amyotrophic lateral sclerosis and other neuromuscular diseases.

The telethon was staged every Labor Day weekend and hosted by Jerry Lewis, a Las Vegas resident. Lewis was the national organization’s chairman, a voluntary position, from 1956 to 2011.

Pictured here, he and Dean Martin, left, chat during the MDA telethon Sept. 7, 1976, in Las Vegas . It was one of the few times the two appeared together after their longtime show business partnership dissolved decades earlier.

Last month, MDA offi cials announced they were pulling the plug on the annual broadcast and ending the event’s historic run , opting instead to look for “new, creative and organic ways to support our mission.”

— REBECCA

CLIFFORD-CRUZ

CONTENTSVEGAS INC2

JUNE 21- JUNE 27

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VEGAS INC4

June 21- June 27

Olivia Brown is general manager at Bellagio. She previously worked as general man-ager of the Ritz-Carlton, Boston Common.

Arbor View High School students Dustin Leavitt and Ryan Howard-Miller, taught by instructor Thomas Garrett, took top honors at the Ford/AAA Student Auto Skills competition. Coronado High School students Alexander Herrmann and Andrew Howard Scott, taught by instructor Dawnne Smith, took second place. Third place went to Southeast Career Technical Academy students Nicolas Vitolo and JC Kevin Juarez, taught by Daniel Sylvester. The top teams receive scholarships from technical schools and other prizes.

LP Insurance Services founder Joe Kulikowski is the first affiliate president of the Nevada Medical Group Manage-ment Associa-tion. Kulikowski is the first nonmedi-cal practice administrator elected by the board. The association is a mem-bership group for medical practice administrators and executives.

The International School of Hospi-tality’s director of academic affairs, Donnell Bayot, is a public member of the Convention In-dustry Council’s 2015 Governance Commission for the Certified Meeting Professional Program. Bayot will serve a two-year term.

Mariana Johnson is City National Bank’s Southern Nevada group manager in the core banking group. Johnson will oversee all City National branches in Southern Nevada in addition to man-aging the bank’s Green Valley branch.

Christopher Ipsen, assistant vice president of information technol-ogy and chief information officer for Nevada’s Desert Research Institute, was named SC Magazine’s 2015 Chief Security Officer of the Year, the publication’s highest individual honor for information technology security industry professionals in the United States.

Ramon Icasiano is chief operating officer of Zirtual, which matches

companies and executives with virtual

assistants.

Artist Michael Kalish has been com-

missioned to create a one-of-a-kind

piece of art for the inaugural Fantasy Sports Combine scheduled for July.

Nevada Attorney General Adam Laxalt and the Bureau of Consumer Protection, along with attorneys

general nationwide, the Consumer Financial Protection Bureau and the

Federal Communications Commis-sion, reached settlements with Sprint Corporation and Cellco Partnership,

doing business as Verizon Wireless, to

resolve allegations that the companies

placed charges for third-party ser-

vices on customers’ mobile telephone

bills without authorization from the

customers. The settlements include

$158 million in payments to consum-

ers; Nevada will receive $353,008.22.

MGM Resorts International won

two Freddie Awards for its loyalty

program, M life. The awards honor

airline and hotel loyalty programs.

MGM Resorts won for Best Customer

Service and Up-and-Coming Program

of the Year.

Bob Glau opened a Synergy Sothe-by’s International Realty sales office

in the MacDonald Highlands Country

Club Community. Jill Landess is a real

estate specialist there.

Sunrise Health System, comprising

Sunrise Hospital and Medical Center, MountainView Hospital, Southern Hills Hospital and Medical Center, and Sunrise Children’s Hospital, launched an emergency room text

notification service, InformER, to

provide patients, family members

and friends with status updates about

a patient’s visit to the ER. Texted

information includes the name of the

patient’s nurse, nurse practitioner or

doctor, when lab work was ordered

and discharge information. The ser-

vice is secure, and all text messages

are HIPAA-compliant.

Lola’s Louisiana Kitchen opened at

1220 N. Town Center Drive, Las Vegas,

its second location.

Aristocrat’s social and mobile gaming

subsidiary Product Madness won the

“Social Slots Operator of the Year”

title at this year’s eGaming Review

North America Awards.

Saks Fifth Avenue Off 5th, Foreign Exchange, Galleria Arte Fino and

Kona Ice opened at Town Square.

Buffalo Wild Wings and Texas Land & Cattle opened at Miracle Mile Shops.

CenturyLink released an app for Prism TV customers that allows them access to TV programs on multiple platforms. The company also made available fiber speeds of 1 gigabit per second to more than 4,000 business locations in Southern Nevada.

Soma, a lingerie, loungewear and beauty product boutique, opened at Fashion Show mall.

The Las Vegas Convention and Visi-tors Authority received the Outstand-ing Agency Accreditation Achieve-ment Award from the Institute for Public Procurement. The award recognizes excellence in public pro-curement.

Walgreens opened at the corner of Las Vegas Boulevard and Sahara Avenue.

Architectural firm Marmol Radziner completed its design for Ascaya’s first showcase home. The 7,373-square-foot home south of Horizon Ridge Parkway off Roma Hills Drive will include four bedrooms, four baths and a powder room.

Tide Dry Cleaners opened at 10010 W. Sahara Ave., Las Vegas.

Litigation Services, which provides litigation support services to law firms and corporate legal departments across the country, launched a new website, litigationservices.com.

Clif Bar CrossVegas selected Forté PR as its public relations agency of record. Forté will provide strategic planning and develop community relationships on behalf of CrossVegas, the largest cyclocross event in the United States.

DB Labs, LLC, received state approval and certification to begin safety and potency testing of medical canna-bis products. DB Labs is the first lab licensed to test medical cannabis in Southern Nevada.

RH (Restoration Hardware) is the

Phase II anchor tenant of Tivoli Village.

The store is set to open in 2016.

Vista Cocktail Lounge opened at

Caesars Palace.

Haggen Inc. converted seven local

Vons and Albertsons stores to Hag-gen Food & Pharmacy shops. The

stores are at 1031 Nevada Highway,

Boulder City; 2910 Bicentennial Park-

way, Henderson; 190 N. Boulder High-

way, Henderson; 7530 W. Lake Mead

Blvd., Las Vegas; 575 College Drive,

Henderson; 820 S. Rampart Blvd., Las

Vegas; and 1940 Village Center Circle,

Las Vegas.

Advanced Technologies Academy

was ranked the No. 1 high school in

Nevada and was recognized with a

Gold Medal Award by U.S. News &

World Report. A-Tech also made the

magazine’s top 100 Magnet School

Ranking. A-Tech offers programs in ar-

chitectural drafting and design, busi-

ness management and administra-

tion, computer science, engineering,

graphic design, legal studies, network-

ing technology, and web design and

development.

The city of Las Vegas received a

$600,000 solar energy rebate from

NV Energy after completing four solar

projects, including solar-covered park-

ing at Durango Hills.

Murray’s Cheese opened a shop in

the Smith’s at 8180 Las Vegas Blvd.

South, Las Vegas. The company plans

to open three more valley locations in

the coming months.

Therapy, a restaurant, opened at 518

E. Fremont St., Las Vegas.

Sempra U.S. Gas & Power’s Copper

Mountain Solar 1 facility in Boulder City

received Nevada OSHA’s Voluntary

Protection Program Star award for

exemplary safety performance. It’s the

first solar plant to receive the honor.

GLAU LANDESS

BROWN

KULIKOWSKI

BAyOT

JOHNSON

THE NOTESSend your business-related information to [email protected]

Dignity Health-St. Rose Dominican’s Rose de Lima hospital acquired an Indego exoskeleton, expected to be in use in early 2016. Indego is a powered lower-limb device that allows patients who cannot walk to stand up and walk again. It’s used in rehabilitation centers as a therapy tool and as a mobility assistive device for patients

in their homes. (courteSy)

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the interviewSend your business-related information to [email protected]

VEGAS INC5

June 21- June 27

How has your firm grown over the past 10 years?

Our company has tripled in size, starting with only four attorneys and growing to 12. We have been able to remain a boutique law firm but com-pete in the market for high-end litigation in trust and estate law, representing clients throughout the state and across the nation.

What is the importance of trust and estate law in Nevada?

With many retirees living in Las Vegas, as well as wealthy individuals and people in second mar-riages, proper trust and estate planning is extreme-ly important. Each individual’s estate planning is unique and should be tailored to the person’s needs and goals, whether to minimize taxes, assist chil-dren or other family members, provide for spouses, fulfill charitable purposes or avoid future litiga-tion.

Our firm is actively involved in legislation sur-rounding trust and estate and making sure the laws evolve with changes in society, such as the increased involvement of caregivers in elderly people’s lives. Nevada is a friendly state for self-settled spendthrift trusts and other asset-protec-tion trusts.

What are some of the daily responsibilities of a managing partner?

As the managing partner, I oversee all financial aspects of the firm and expenses and administra-tion of the firm, including licensing, benefits, in-surance. I also oversee all employment matters, handle potential conflicts and manage all aspects of marketing.

What is the most challenging part of your job?

I find it challenging to try to balance managing a successful law practice while building my own indi-vidual practice and dedicating a significant portion of my time to practicing law.

What has been the most rewarding part of your job?

The success of the firm and its reputation as be-ing Nevada’s largest trust and estate litigation firm has been the most rewarding to me. The firm’s reputation is well known and respected throughout the legal community.

What do you do after work?After work, I generally spend time with my fam-

ily cooking dinner, watching movies or doing differ-ent activities with them. I am also an active board member of Safe Nest.

Describe your management style.Although I consider myself a direct, take-charge

person, I believe everyone at the firm is part of a team. I have an open-door policy and believe com-munication is key to maintaining morale at the firm. I am detail-oriented and involved in all as-pects of the firm’s administration and decisions affecting the company; however, I value people’s participation and input in decisions that affect the daily operations of the firm. I encourage people to continually challenge themselves and to produce a work product that meets the highest standards, al-lowing them to develop the skills to be a respected attorney, paralegal or legal assistant.

Where do you see yourself and your com-pany in 10 years?

Over the next 10 years, I plan to build on the firm’s achievements by continuing to litigate highly complex cases, which will further bolster the firm’s reputation and shape trust and estate law across the state. I plan to continue to manage the firm and as-sist in adding experienced, talented attorneys who will contribute to the firm’s success and reputation.

What is your dream job, outside of your cur-rent field?

If I were not a lawyer, I would consider being ei-ther a personal trainer because of my love for physi-cal activities and health, or work in a bookstore,

where it is generally very quiet and peaceful.

Whom do you admire and why?I admire my mother the most because she is the

most loving, caring and giving person I have ever met. She never gets tired of helping others, and her greatest pleasure in life is simply putting a smile on others’ faces without ever expecting anything in return.

What is your biggest pet peeve?One of my biggest pet peeves in the law practice is

people who are not passionate about the law and the services they provide.

What is something that people might not know about you?

Despite my reputation as being an aggressive liti-gator, I am actually a kind-hearted person who is very giving, and I enjoy bringing happiness to others.

Anything else you want to tell us?Safe Nest, Nevada’s largest and most comprehen-

sive nonprofit organization devoted to eradicating domestic violence, offers services such as shelter, counseling, advocacy and prevention. It is my in-tention to raise awareness across the community about the organization and its services, in addition to applying my professional skill set to increase do-nations to Safe Nest.

Q&A with dAnA dwiggins

Law firm’s managing partner wears many hats

Attorney Dana Dwiggins, a partner at Solomon Dwiggins & Freer, strikes a balance between managing the

law firm and handling her own caseload, plus making time for family and devoting time and energy to Safe

Nest, a nonprofit organization dedicated to ending domestic violence. (L.E. BaSkow/StaFF)

Dana Dwiggins became managing partner at Solomon Dwiggins & Freer at age 32. In addition to practicing law — focusing on probate and trust litigation, small-business litigation, trust and estate administration, guardianships, and trust and wills — she oversees all financial aspects of the firm.

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by the numbers

1,700Number of homes planned for the Cliffs, a new residen-tial village under construc-

tion in Summerlin. The project is on 450 acres near Patrick Lane and Hualapai Way and is expected to be finished in about five years.

34 PercentShare of Las Vegas homes in the foreclosure process but not yet bank-owned

that have been abandoned by their owners. The na-

tional average is 24 percent.

4,000Amount of power, in mega-watts, that NV energy has

procured in purchasing agreements over the past 15 years — enough electricity to power 7,000 Super Wal-

Mart stores for a year.

1,500Number of employees Spirit

Airlines hopes to hire this year. Eighty to 85 of those jobs will be in Las Vegas.

40,000Number of customers

Playa Solar LLC may supply energy to, according to the state Public Utilities Com-

mission. Playa received pre-liminary approval to build a 200-megawatt solar-

generating facility 15 miles northeast of Las Vegas.

3,363Number of houses, condo-miniums and townhouses sold in May, down from

3,450 a year ago, according to the Greater Las Vegas Association of Realtors.

$211,250Median price of homes sold in May through the GLVAR’s Multiple Listing Service — up 2.3 percent

from a year ago.

52,000Number of Nevadans who receive subsidies to help them afford health insur-ance. The U.S. Supreme

Court is deciding whether people in states where the federal government runs

health insurance mar-ketplaces can keep their

subsidies.

Describe your business.

“I Got Married in Vegas! Just Kidding” is a prankster experi-ence tourist attraction. We pro-vide realistic images of different scenarios that customers suppos-edly got into while visiting Las Vegas. They can get married, get arrested, show off a baby bump or win a casino jackpot without actu-ally doing any of those.

We create an experience. For instance, with the fake wedding, we have an Elvis officiant conducting a ceremony, a ring exchange, a pronouncement and even a fake marriage license with all of the couple’s information. A variety of photos are taken during and after the ceremony against a green screen, and customers receive prints as well as electronic images that can be uploaded instantly to Face-book to fool friends and family.

What makes your business successful?

Las Vegas is the best place to have this type of business because a lot of times, tourists say their friends and fam-ily warn them not to get married or arrested while they are here. So we capitalize on that warning and create the best Vegas pranks you can think of.

Who are your customers?

Mostly, prankster couples who want to get fake mar-ried, married couples who want a unique souvenir, and people who have a sense of humor and want a one-of-a-kind Vegas souvenir.

What’s the most important part of your job?

Some people complain that our product is too believ-

able, and I think that is an amaz-ing compliment. Being able to pull off a great prank means the images need to look as real as pos-sible and little details are covered. I consider this very important.

What is the hardest part about

doing business in Las Vegas?

The hardest part is that a lot of the business is seasonal and de-pendent on the amount of foot traffic.

What is the best part about doing business here?

People visiting Las Vegas are in a vacation state of mind. If a customer is willing to spend $40 on a guitar-shaped sugary vodka drink, they most likely will be will-ing to spend $35 on a joke experience of a lifetime.

What obstacles has your business overcome?

I have had this idea for close to 10 years, and not until recently was I able to find a place that was suitable for the business. Getting our name and business out there and being recognized is a work in progress.

How can Nevada improve its business climate?

Vegas the tourist attraction is a fun, adult playground; capitalize on this. Legalize, tax and control marijuana and prostitution. Use the tax money to better Las Vegas the city. Our school system could use some help.

What have you learned from the recession?

When you have less of a cushion or fallback plan, you have more of a drive to be creative and find ways to suc-ceed.

In Vegas, any day can be April Fool’s

Scott Jason owns and operates I Got Married in Vegas! Just Kidding, which creates elaborate pranks for customers

to trick friends and family. (l.e. basKow/staff)

I Got marrIed In VeGas! just kIddInG

Address: 3623 Las Vegas Blvd. South, Suite 213

Phone: 702-476-6515Email: [email protected]

Website: igotmarriedinvegasjk.comHours and days of operation: 10 a.m.-

10 p.m. Sunday through Thursday; 10 a.m.-10 p.m. Friday and SaturdayOwned/operated by: Scott Jason

In business since: Feb. 26

VEGAS INC6

June 21- June 27Get to know a local busInesssend your business-related information to [email protected]

6-7_VI_MeetColumn_20150621.indd 6 6/19/15 3:52 PM

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Smith’S world

Mike Smith is an award-winning editorial cartoonist who also draws for the Las

Vegas Sun. His work also is distributed nationally by King Features Syndicate.

See archives of his work at lasvegassun.com/smithsworld.

reader commentSWe want to hear

from you. Visit

vegasinc.com to

post your opinion.

on Kyle roerink’s

lasvegassun.com

story “Still buzzing:

why energy debates

will be hot this

summer in nevada”:

All of these nego-

tiations should be

conducted open

door, open meeting

and as transparent

as humanly possible.

Everyday Nevada

residents should be

provided the means

to participate. ... Their

voices are not being

heard. — StarAliMis-

triel

on the lasveg-

assun.com story

“Gov. Sandoval signs

major tax bill, vetoes

3 other measures”:

Republicans raised

taxes, and the Re-

publican governor

signed off on it. It will

cost them politically.

But it was the right

thing to do. — NVBill

Shame on you, Gov.

Sandoval! ... What

happened to fair

competition in busi-

ness? — tnjsrch

on eli Segall’s veg-

asinc.com story

“ ‘Zombie’ foreclo-

sures in the las

Vegas Valley are up

16 percent this year”:

Yet it’s build, build,

build even more

homes, further de-

pressing the prices of

neighborhoods with

foreclosed homes.

— NLVProg

on the lasveg-

assun.com story

“why americans are

getting new credit

cards”:

It’s baffling why

the United States is

just now getting on

board. — Hmm888

Don’t believe the myths about SBA loans

S BA 504 loans are a great way to help small-business owners buy, build and improve commercial real estate.

The U.S. Small Business Administration’s 504 program offers below-market, fixed-interest rate financing that allows businesses to keep their working capital and use it to grow. The typical loan structure includes a commercial lender providing up to 50 percent, an SBA loan for 40 percent and the business owner’s down payment as low as 10 percent.

Every dollar not put into the ground can go toward growth — new equipment, new hires, more marketing — that drives revenue.

Here are five common misconceptions about SBA loans:n SBA loans are for “small” businesses; my business

is too big to qualify. “Small” is bigger than you think. Many have annual revenues between $20 million and $100 million. It’s net worth and net profit that matter. Most privately owned, for-profit businesses qualify for SBA 504 loans.

n Applying for an SBA 504 loan is complicated and time-consuming. SBA 504 lenders use the same documentation as your bank. For most loans, there are just three additional forms the SBA needs to close escrow, and your SBA lender will help you with those.

n SBA loans take too long. There is no need to panic if you need to get a loan funded quickly. Loans typically can be prequalified within 24 hours. And because the same paperwork is used,

once your bank approves the loan and the appraisal and environmental reports are complete, SBA approval usually is complete within eight business days.

n SBA 504 loans are for small projects. Unlike SBA 7(a) loans, there is no limit on the total project cost that can be funded with an SBA 504 loan. Projects in excess of $25 million have been financed.

n I already have an SBA loan, so I can’t get another. Each SBA borrower can have any number of loans as long as the SBA balance does not exceed $5 million or $5.5 million for manufacturers. Due to recent regulatory changes, the limits are lifted for projects meeting energy reduction or alternative energy requirements. Under energy efficiency rules, there is no limit to the number of SBA loans a business owner can have.

If your business is expanding and you need to purchase or build new space, an SBA 504 loan may be an attractive option. Don’t believe the myths. Take a few minutes to see for yourself, and start working to achieve your business goals today.

Ann Santiago is a senior vice president at TMC Financing.

guest column: Ann sAntiAgo

VEGAS INC7

June 21- June 27talKinG pointS

Send your business-related information to [email protected]

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your Business-to-Business newsSend your business-related information to [email protected]

Switch’s application to leave NV Energy deniedBy kyle roerinkStaff Writer

In a decision that could affect some of the state’s most influential busi-nesses, the Public Utilities Commis-sion of Nevada denied an application for a Las Vegas tech company to pur-chase and create power without NV Energy.

The three-member commission de-nied the application on a 2-1 vote.

Commission Chairwoman Alaina Burtenshaw and Commissioner Da-vid Noble voted down the application, citing concerns about potential rate increases for remaining NV Energy customers if Switch were to leave.

Switch, a massive data center with customers such as eBay and Sony, is one of the utility’s biggest customers.

Commissioner Rebecca Wagner was the dissenting vote.

She suggested the commission con-duct a new investigation into how much Switch should pay to leave NV Energy.

She also suggested the PUC was disregarding the law that allows com-panies to create and purchase power without the utility if they consume more than 1 megawatt of power, pay an exit fee and receive PUC approval.

Wagner said the order to deny the exit was “almost a circumvention of the statute.”

Despite the order, Switch does have a path to leaving the utility. The PUC ordered that Switch and the utility take part in an “investigatory workshop” to address the commis-sion’s remaining questions about how Switch’s exit could affect the utility’s remaining customers.

Several days after the commission’s decision, Switch signaled it would file a lawsuit against the PUC.

The company sent a “document destruction hold” to the PUC, the Bu-reau of Consumer Protection, NV En-ergy and one of the power company’s lobbyists from R&R Partners, Pete Ernaut.

The notice of the document hold, released by one of the parties in the case and written by Switch’s legal counsel, says Switch intends to “take additional actions” against the PUC and that “destruction of discoverable information is evidence of culpability and misconduct.

“This obligation extends to a duty to preserve all emails, instant com-munications, SMS or text messages, phone call records, invoices, pay-

ments, meetings including lunch or dinner meetings, between you and Nevada Energy or Nevada Energy’s agents, lobbyists or representatives.”

‘changing the rules midstream’

Wagner supported Switch’s depar-ture as long as the company paid a $27 million exit fee. That figure was the product of the PUC’s regulatory op-erations staff.

The staff, which is independent of the commission, determined Switch’s exit would not harm NV Energy’s re-maining customers if the tech com-pany paid the fee.

All parties in the case calculated exit fees to determine an amount that would allow rates to remain static for other NV Energy customers. Switch proposed $18 million, while NV En-ergy proposed nearly $60 million.

They based their figures on three-year forecasts — a formula the PUC has historically used for exit cases and when the utility asks the commission to increase its rates.

But Burtenshaw and Noble ques-tioned the accuracy of the three-year forecast.

“I don’t have enough information to make an informed decision that staff’s $27 million is reasonable,” Noble said. “The key is looking at the remaining customers and making sure there are no harms or benefits. I don’t think there is enough information to do that.”

Wagner dismissed the notion, say-ing the commission “is changing the rules midstream. ... I can’t support that.”

it started with enronA new investigation will address

how exit fees should be calculated and a potential tariff on companies that leave NV Energy. It may even suggest changes to the 2001 law that allows companies to leave the utility, which was an effort to provide large-scale power consumers with more options for buying and creating power.

Lawmakers passed the law during the California energy crisis spurred by Enron, the defunct energy company that manipulated power markets in Western states to improperly control the price and availability of electricity.

The investigation likely will involve some of the state’s premier casino

companies — Wynn Resorts, Las Ve-gas Sands and MGM Resorts Inter-national, which also have applied to leave NV Energy.

“I would hope that would be the di-rection the commission would go — to sit down and look at a global settle-ment for all this stuff,” said Randolph Townsend, a gaming commissioner and former state legislator who wrote the law that allows companies to exit the utility.

protecting profitsTogether, the departures could

mean a 10 percent reduction in the power company’s demand and the loss of some of its most profitable custom-ers.

NV Energy has invested hundreds of millions of dollars in infrastructure in the past 15 years, building generat-ing capacity and procuring purchase agreements for more than 4,000 megawatts of power — the equivalent used by 7,000 Super Wal-Mart stores.

The argument against large-cus-tomer exits hinges on utility expen-ditures for building new power infra-structure.

Switch and the casinos argue that it’s unnecessary to build new power plants when demand is not growing and large-scale consumers are push-ing to leave.

NV Energy, which uses ratepayer money to expand its generation ca-pacity and can earn a 9.8 percent re-turn on investments, plans to spend at least $2 billion on new infrastructure in the next two years, according to a report from Berkshire Hathaway, NV Energy’s parent company based in Omaha, Neb.

Matthew Maddox, president of Wynn Resorts, addressed the com-mission’s concerns about ratepayers by comparing earnings on the Strip to those of NV Energy.

The utility earned $713 million in net operating income last year, a 27 percent increase from 2013.

“Just to frame these numbers, Ne-vada Energy made more net income than the Las Vegas Strip last year,” he said. “You can’t have a 27 percent increase in operating profit with no break on ratepayers and then try to claim ratepayers will be harmed when your net operating income is more than the Las Vegas Strip.”

That money, Maddox said, doesn’t stay in Nevada. “It goes to Omaha,” he said.

Switch, the world’s largest data center, is one of NV Energy’s biggest customers — whether Switch likes it or not, the Public Utilities Commission recently ruled. (CoUrtESy)

8June 21- June 27VEGAS INC

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Streamlining of state’s live entertainment tax meansfestivals have new expense

By J.D. morrisStaff Writer

Upcoming changes to a Nevada tax on entertainment have casino rep-resentatives breathing a sigh of re-lief, but the organizers of two annual festivals that contribute millions of dollars to the state economy aren’t happy.

Gov. Brian Sandoval signed a bill that aims to simplify the state’s live entertainment tax, which many big casinos and resorts have to pay. The bill replaces the current tiered sys-tem with a uniform levy on tickets and clarifies a complex set of qualifi-cations and exemptions.

Organizers of Burning Man and the Electric Daisy Carnival don’t like the bill because it means the tax will be imposed on them for the first time. Yet supporters say it will eliminate a lot of confusion for the casino indus-try about when the tax is applied.

“The taxing authorities have had a difficult time trying to draw clear lines of what is live entertainment and what isn’t,” said state Sen. Mark Lipparelli, R-Las Vegas, one of the law’s sponsors. “That was partly just a result of the way entertainment has evolved in Nevada. It probably, at the time (the tax) was established, seemed more clear. But as entertain-ment options evolved in Nevada, it became much more difficult.”

Currently, whether the tax is ap-plied and how high the rate is depends on the size of a venue and a series of other considerations. Under the new law, the tax rate for everyone will be 9 percent of the admission charge.

Nevada Resort Association Presi-dent Virginia Valentine said her group, which lobbies on behalf of the casino industry, had pushed for re-form of the tax for the past two leg-islative sessions. Like Lipparelli, Val-entine said the current law created far too much ambiguity.

“It wasn’t clear when something was entertainment and when it was happening in the background or in-

cidental to something else,” Valen-tine said. “We very much supported the bill. We think it’s going to make it easier for both the regulators and the industry to interpret.”

For example, the old law exempted entertainment in a restaurant, as long as there was no charge and it was incidental to other activities or part of the ambiance. That left room for interpretation — and disagreement — about what, exactly, qualified as incidental or ambient. The new law removes that exemption and renders it irrelevant with the clearer require-ment that the tax kicks in when es-tablishments charge for admission.

Questions about when to apply the tax arose regularly, according to Gaming Control Board member Terry Johnson, who estimated the bill could resolve around 80 percent of such disputes. The control board is responsible for collecting the tax from all gaming establishments — think big resorts on the Strip — while the state Department of Taxation col-lects it from everyone else.

According to Johnson, the control board collected nearly $140 million in live entertainment taxes in fiscal

year 2014, while the taxation depart-ment collected nearly $15 million.

The bill removes exemptions for outdoor events and nonprofits, so Burning Man and EDC will be includ-ed in the second group of taxpayers. The only way for a nonprofit such as Burning Man to avoid taxation under the bill would be to sell fewer than 7,500 tickets; Burning Man draws more than 60,000 people.

Naturally, the groups behind those desert festivals are not enthusias-tic about what is for them a new ex-pense, though neither will have to pay it until next year. Burning Man released a statement calling the tax reform “misguided” and emphasiz-ing that its participants contribute upward of $40 million to the Nevada economy annually.

Burning Man also doesn’t agree that it constitutes entertainment. Its statement said Black Rock City, the temporary desert gathering cre-ated by Burning Man patrons, is “a community of individuals who create their own experience.”

“There is no entertainment provid-ed,” Burning Man’s statement said.

EDC organizer Insomniac, mean-

while, issued a thinly veiled threat to take its business elsewhere because of the tax, claiming the changes could cause the electronic dance music event to operate at a loss.

“That’s simply not a viable long-term strategy for any successful busi-ness,” the Insomniac statement said. “One thing is certain, we never shy away from a challenge, and we hope we can find a way to produce Elec-tric Daisy Carnival moving forward, while still maintaining the quality experience that our fans expect from us.”

EDC has generated more than $1 billion in economic output for Clark County over the past five years, according to Insomniac.

Lipparelli is sensitive to the con-cerns of the festivals but said he thinks they’re both socially conscious businesses that understand Nevada is an ideal place for their events.

Fixing the tax also was about fair-ness for Lipparelli, a former chair-man of the Gaming Control Board.

“There’s a real imbalance to charg-ing someone an admission tax when they’re inside a building and not charging someone a tax when they’re outside a building for the exact same activity,” he said.

The major festivals aren’t the only new taxpayers under the bill. Disc jockey performances, which could be easily excluded before, will be subject to the tax, as will escorts.

But exemptions persist. NASCAR, for instance, can avoid the tax if it conducts two or more races at a Ne-vada racetrack in the same calendar year. The bill also doesn’t consider go-go dancing to be live entertain-ment.

Carole Vilardo, president of the Nevada Taxpayers Association, sup-ported the changes to the tax, but she thinks lawmakers should go further.

“I would like to see the rate lower than 9 percent, and to do that, you have to have the tax apply as broad-ly as possible,” Vilardo said. “While we’ve broadened the tax, we haven’t broadened it to the point that we could drop the rate even more.”

The bill’s provisions will apply be-ginning Oct. 1.

Tax reform good for casinos, bad for EDC

Fans pack the Circuit Grounds stage as Calvin Harris performs during the final

night of the 2014 Electric Daisy Carnival at Las Vegas Motor Speedway. EDC will

be subject to the revised live entertainment tax next year. Organizers called the tax

“simply not a viable long-term strategy for any successful business.” (StEVE MarCuS)

“there’s a real imbalance to charging someone an admission tax when they’re inside a building and not charging someone a tax when they’re outside a building for the exact same activity.”

— state sen. mark Lipparelli, r-Las Vegas

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Mansion for rent — for the price of a car each monthBy eli segallStaff Writer

Built on a hillside, the Henderson mansion has marble flooring, a movie theater, an elevator and a wine cellar, along with replica sections of the Sis-tine Chapel’s paintings on the walls.

If it were for sale, the three-story es-tate would cost millions. But the own-ers aren’t hunting for buyers.

They are, however, trying to rent it out — for $18,000 a month.

The recently listed house at 1703 Tangiers Drive in MacDonald High-lands appears to be the most expensive rental on the market in Southern Ne-vada. There are plenty of luxury homes for sale here at eye-popping prices, but how many people are willing to pay the cost of a car each month just to rent a place?

More than you may think.

“Oddly enough, it happens,” Re/Max Advantage agent Diane Hawley said.

The pool of potential renters is small and certainly not typical. It in-cludes corporate big shots in town for a months-long assignment or other pooh-bahs new to the valley who need a place to stay while their custom home is being built.

Their landlords, meanwhile, hop be-tween homes in different cities, if not different countries.

There are at least six homes in the valley whose owners want $10,000 or more per month in rent, listings show. Five are stand-alone mansions and one is in Sky Las Vegas, a 45-story luxury condo tower on the north Strip.

The seven-bedroom, 12,205-square-foot home on Tangiers has been on the rental market for a few weeks, listing broker Cheryl Davis said. She got an

offer from someone who was willing to pay $25,000 a month if the house were furnished, but the owners may balk at that, as it may cost $100,000 to fill it with furniture.

“It’s a pretty big house,” said Davis, of brokerage firm Engel & Völkers.

So is 1581 Villa Rica Drive, in the Seven Hills area of Henderson. The 7,177-square-foot home, available for move-in no sooner than August at $12,500 per month, is currently be-ing rented for that price by a couple who needed the house for two months. They’re building one from scratch nearby.

They paid all the rent and a $12,500 security deposit upfront — $37,500 to-tal.

The furnished, six-bedroom man-sion has a billiards room, sits on a golf course, and has laundry rooms upstairs

and down.“The laundry room downstairs is

as big as some condos I’ve seen,” said Hawley, the listing agent.

Davis rents out homes for at least $5,000 a month three to five times a year. Despite the big prices, Las Vegas megamansion rental rates are a steal compared with those in, say, Southern California, San Francisco or New York, she said.

There are 59 homes in Beverly Hills, Calif., listed on Zillow for at least $10,000 a month in rent, including a 15,000-square-foot house for $120,000 per month.

If the home on Tangiers were in California, Davis said, it would cost “$60,000 a month, I guarantee you.”

“That’s how crazy it is over there,” she said of the Golden State. “So $18,000 a month is chump change.”

By jackie valleyStaff Writer

Roseman University has picked up 3.5 acres of land in Sum-merlin, expanding its campus for a future medical school.

The university bought the land at South Hualapai Way and Discovery Drive for $3.1 million from the Howard Hughes Corp., the developer of Summerlin, officials announced.

The land purchase completes the first phase of Roseman’s master plan for the Summerlin campus, which includes an ad-ditional 9.25 acres of adjacent undeveloped land and two build-ings: the Ralph & Betty Engelstad Cancer Research Building and the former Nevada Cancer Institute building.

In April, Roseman announced it had purchased the former Nevada Cancer Institute building for $23 million from the Uni-versity of California, San Diego.

The Summerlin campus will house the university’s allopathic medical school, which is making its way through the accredi-tation process. The goal is to enroll a first class of 60 medical students in fall 2017 — the same timeline proposed for a UNLV medical school.

The second phase of Roseman’s master plan might include building additional facilities for medical education, research and student services as the College of Medicine grows, officials said.

“Bringing a medical school to Summerlin is a point of pride for all who live and work in the community,” Kevin Orrock, president of Summerlin for Howard Hughes Corp., said in a statement.

“Roseman College of Medicine is well positioned to be a big part of the ongoing evolution and uplift of our entire city, at-tracting and retaining talent and expanding access to quality medical care,” Orrock said.

Roseman, founded in 1999, also has campuses in Henderson and South Jordan, Utah, for its colleges of dental medicine, pharmacy and nursing, and an MBA program.

By ian whitakerStaff Writer

Financing for new schools is on shaky ground after Gov. Brian Sando-val signed a bill into law to break up the Clark County School District.

The district has started site prepa-ration work for 14 new schools it plans to build in the next two years. But San-doval’s signature on the controversial bill has sparked uncertainty about who will decide where future bond money is spent if the district is split into five precincts.

“The reality is at the end of the day, we don’t know what plan they are go-ing to come up with,” district Chief Financial Officer Jim McIntosh said.

There’s still a chance that plans to break up the district could be killed by a legislative commission next session. But the district is concerned about the impact even the threat of breakup will have on its bond rating and its posi-tion in the bond market.

If investors think buying bonds from the school district is risky, it could end up paying more of its an-ticipated $4 billion in bond revenue toward interest, McIntosh said.

After the bill was passed, the dis-trict got a call from an analyst at Moody’s Investors Service, a credit rating agency, wanting to talk about a potential breakup of the district, Mc-

Intosh said.Superintendent Pat Skorkowsky

noted: “Uncertainty in a bond market is never a good thing.”

The process, however, is nowhere close to being settled.

The committee that will be in charge of figuring out details — in-cluding how newly created precincts will share revenue and money for new construction with the Clark County School District — likely won’t be ap-pointed until about September.

After that, the district will have to wait for a feasibility study, a series of public meetings and a final vote before a legislative commission in 2017.

The concerns are nothing new to Republican Assemblyman David Gardner, sponsor of the legislation. He has repeatedly said the issues would be worked out by the committee.

For now, the district has been mov-ing forward with about $500 million in bond sales already approved by the board of trustees, while disclosing to investors of the potential for change in the future.

Bond sales won’t take place until late this year. The same goes for con-struction work on new schools, which takes about nine months to finish.

“We were all ready to move for-ward,” Skorkowsky said. “It has given us pause as to how we will progress.”

Roseman University buys more land for medical school

Prospect of school district breakup muddies construction financing

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10June 21- June 27VEGAS INC

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chain restaurants, from page 1

‘Over 43 million mouths to feed, if we add the locals’ that restaurant chains from other U.S. regions are more willing to gamble on Las Vegas.

“In general, I can tell you that Las Vegas is a great place to do business and that the tax structure is fa-vorable,” said Jace Radke, a spokesman for the city of Las Vegas. “Many national chains have long called Las Vegas home, and there are always more looking to locate to our city because of the growth of the commu-nity and the world-famous Las Vegas brand.”

Until recently, there were valid reasons for chains to stay away.

“In its heyday years, it was probably too expensive,” said Ryan Mathews, founder and CEO of Detroit-based Black Monk Consulting. “Also, it’s a bit coun-terintuitive: Gamblers had access to essentially free or heavily discounted food every time they turned around, and conventioneers had planned meals at events. As for the pure tourists, most folks don’t leave home to discover things that remind them of home. And during the building boom, labor was at a pre-mium. So on paper, it wasn’t an idea that made much sense.”

Another reason was logistics. “Distribution for chain restaurants is very impor-

tant,” said Katherine Jacobi, president and CEO of the Nevada Restaurant Association. “It costs a lot of money to rail or truck things across country, and a lot of them are based back East. You can’t fly food or goods anywhere; it’s just too expensive, so it didn’t make any sense for them.”

In years past, too, Nevada’s highways were less able to handle the necessary truck traffic, Jacobi said, and only one rail line comes to Las Vegas. Also different is the city’s vibe.

“Vegas was primarily a gambling town,” said Jef-frey Bank, CEO of Alicart Restaurant Group, which brought Carmine’s to the Forum Shops at Caesars in July 2013. “Now, it is a vacation town.”

Why noW?Restaurant chains are coming now because of all

the factors that make Las Vegas Las Vegas.“Chains are like water — they follow the path of

least resistance and seek their own level,” Mathews said. “Many urban and suburban markets are sim-ply hyper-saturated with food chains, so growth will follow concentrations of populations deemed under-served.”

Indeed, Mathews calls Las Vegas “perfect” for chains such as Shake Shack and White Castle.

“The population is fixed and transient, made up of service workers seeking fast, convenient, inexpen-sive meals; heavy gamers who may be down on their luck; tourists looking for a familiar touch of home, especially for the kids; and conventioneers who need to eat but may not be interested in fighting the food lines in the casinos,” Mathews said. “It’s amazing it took them this long to see the potential.”

“Vegas delivers traffic,” said John Andrews-Anag-nostaras, president of Las Vegas- and Shanghai-based food service consultancy Landmark Design Inc. and managing principal of International Fabrication Specialists, which builds advanced-technology food

trucks and trailers. “In 2014, there were 41,126,512 visitors here. This is in a city of just over 2.1 million inhabitants. Not many other cities in the nation can match these statistics. Over 43 million mouths to feed, if we add the locals. That is a lot of traffic.”

Beyond that, setting up a business in Las Vegas “is probably the easiest in the nation,” said Andrews-Anagnostaras, “and there is no personal tax. Also, Las Vegas has a labor force accustomed to hospitality, and one that is easy to train. Housing costs are still low, and there is housing available.”

But what Andrews-Anagnostaras calls the key factor is “the Great Recession is just about over, and (chains) are looking at areas with high people con-centrations, which makes Las Vegas an obvious tar-get.”

“Las Vegas is a very strong market, and while gam-ing revenues may be down, dining is up,” Bank said. “The Shake Shacks and White Castles of the world are feeding the masses, who are looking for cheap food fast, and there are millions passing through Ve-gas each year.”

“The real answer to ‘Why would chains start com-ing here?’ is: Why not?” said Steve Nachwalter, prin-cipal of the global Nachwalter Consulting Group in Las Vegas. “I think the real allure of familiar chains branching out is the diversity of the people here. I’m from the East Coast, so I think White Castle is a great idea. I’m sure there are people from the South who can’t believe there is no Waffle House here. My wife, who happens to be Egyptian, still can’t believe we have a glass pyramid with the brightest light that shines into space but no Egyptian restaurant.”

Nachwalter said tourists and locals alike “will agree that only good can come from a familiar chain serving comfort foods. It’s nice to have a meal that reminds us of where we came from, the times we shared with friends, and the good memories of spending time with people we like. Vegas is the per-fect place to welcome its visitors and reminisce with

their locals. I say, when are they bringing Roy Rogers’ chicken here?”

Until recently, many chain executives were afraid to come to Las Vegas, “thinking that when people come here they just want to dine at their hotel,” said Joy Rosen, a veteran Las Vegas restaurateur and ca-terer who now works as a public relations represen-tative. “But they want to try new things. I think the tone of Vegas now is changing, bringing a lot more families, and that’s what these chains cater to.”

Beyond that, Rosen said, “There is no state tax, so chains have to realize they’re going to get one of the biggest tax breaks of any state. To me, that’s the key — and that the amount of people who come through this city is more than probably any other.”

Assuring successSo what should the city do to make sure the new ar-

rivals are successful?“They have already done it,” Andrews-Anagnosta-

ras said. “There are plenty of world-class architec-tural and engineering firms, at reasonable costs. Get-ting plans through the planning folks, including the Southern Nevada Health District, is easy, with plenty of experienced contractors to build anything.”

“Keep the room rates low, as that is the White Cas-tle/Shake Shack customer base,” Bank said.

Not everyone is optimistic. Barry Minkin, a futur-ist and global management consultant, believes res-taurant chains — and other businesses in Las Vegas — are about to take it on the chin because of economic factors.

“Las Vegas will suffer a downturn due to a poor economy, more competition from other gambling venues and a severe water crisis that will limit build-ing,” Minkin said.

Most national chains will not be able to thrive here, he said.

“The best locations within a mile of mid-Strip are already taken,” Minkin said. “There will be opportu-nities in the many mall foods courts, however. Fast food will continue to take a larger share of the eat-out budget as both in-state and visiting retirees and lower-income people try to stretch their shrinking discretionary dollars.”

Short of economic paralysis, however, the picture looks good.

“You can’t guarantee success in a free market,” Mathews said. “That said, there are the usual tricks municipalities play to spur development: tax abate-ments; recruiting businesses to come to Vegas; fast-tracking building applications; simplifying the regu-latory and inspection processes; developing ‘turnkey’ solutions to dealing with local, county and state gov-ernment; and designating urban renewal zones.”

Nachwalter is confident the chains will thrive. “If you are successful in your market, then you

should be in any market,” Nachwalter said. “Deli-cious is delicious. Fun is fun. If you give a kid a Lego in any part of the world, whether he speaks English or not, he will know how to use it. Some things don’t have to be taught or voted on. If you have a great prod-uct, the world will figure it out.”

shake shack opened in January at New York-New York.

(mikaYla whitmore/staff file)

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VEGAS INC15

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VYP Toastmasters meeting

Time: 6:30-8 p.m. Cost: Free

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and gain insight on how to manage the costs of

litigation.

Munch and Mingle for nonprofits

Time: 11:45 a.m-1:15 p.m. Cost: Free

Location: Clark County Library, 1401 E. Flamingo

Road

Information: Call 702-507-3459

Meet new people or reconnect with friends and

colleagues from the local nonprofit community

at this networking lunch. Coffee and water will

be supplied; bring your own lunch and informa-

tion about your organization.

Thursday, June 25

CBER’s 2015 Midyear Economic Update

Time: 8-10:30 a.m. Cost: $100

Location: Venetian, 3325 Las Vegas Blvd. South,

Las Vegas

Information: Visit cber.unlv.edu/outlook.html

Members of UNLV’s Center for Business and

Economic Research will present the center’s

economic outlook for the United States and

Southern Nevada. Robert Lang, director of

Brookings Mountain West, will discuss oppor-

tunities and obstacles for Southern Nevada’s

long-term growth.

Henderson Chamber of

Commerce networking mixer

Time: 5-8 p.m. Cost: $15 for members, $25 for

nonmembers, additional $10 for walk-ins

Location: Fleming’s Prime Steakhouse and Wine

Bar, 6515 Las Vegas Blvd. South, Las Vegas

Information: Email disraelson@hendersoncham-

ber.com

Swap business cards and share contacts, refer-

rals and ideas with local business professionals.

Business After Hours at Carmine’s

Time: 5:30-7:30 p.m. Cost: Free for members

and guests

Location: Carmine’s NYC inside Forum Shops at

Caesars, 3500 Las Vegas Blvd. South, Las Vegas

Information: Email [email protected]

Enjoy Italian food in a private dining area while

expanding your business network.

Nevada Restaurant Association

and Nevada Hotel & Lodging

Association’s 2015 bowling tournament

Time: 12-4 p.m. Cost: $39

Location: Orleans Bowling

Center, 4500 W. Tropicana

Ave., Las Vegas

Information: Visit nvrestau-

rants.com

Enjoy a fun day of bowling

and a chance to win cash

prizes. All proceeds will

fund hospitality scholar-

ships.

The Social Register’s business networking

mixer

Time: 6-8 p.m. Cost: Free for members and

guests, $20 for nonmembers

Location: Emerald at Queensridge, 891 S. Ram-

part Blvd., Las Vegas

Information: Email [email protected]

Get to know local doctors, attorneys and small-

business owners, and expand your business

network.

Business 101: Debunking

the Myth of Franchising

Time: 6 p.m. Cost: Free

Location: Clark County Library, 1401 E. Flamingo

Road

Information: Call 702-507-3459

Sarah Brown discusses the franchise business

model to those who want to explore small busi-

ness ownership as a full-time career change.

Friday, June 26 2015 Celebration of Civil Liberties

Time: 5:30-7:30

p.m. Cost: $125

Location: Pan-

evino Ristoran-

te, 246 Via

Antonio Ave.,

Las Vegas

Information:

Visit aclunv.

org/event/2015

Former Congress-

woman Shelley Berkley will be honored with the

2015 Emilie Wanderer Civil Libertarian Award.

saTurday, June 27 Clark County Medical Society

Presidential Installation Dinner

Time: Reception begins 6 p.m. Cost: $90

Location: Worldview at World Market Center,

495 S. Grand Central Parkway, Suite #2203, Las

Vegas

Information: Visit clarkcountymedical.org

The Clark County Medical Society will honor

incoming president Dr. Andrew Eisen and recog-

nize several professionals in the medical field.

Tuesday, June 30 The Social Register’s business workshop

Time: 11:30 a.m.-1 p.m. Cost: Free for members

and guests, $20 for nonmembers

Location: Spanish Trails Country Club, 5050

Spanish Trail Lane, Las Vegas

Information: Email [email protected]

Matthew Hutchings, of Dolomite Technology, will

discuss ways to keep your business’s information

technology safe and secure.

TMA webinar: “Utilizing and Preparing

Valuation Experts in Bankruptcy Litigation”

Time: 4-5:30 p.m. Cost: $29 for Turnaround

Management Association members, $119 for

nonmembers

Location: Visit turnaround.org

Information: Email [email protected]

Richard Costello, of Principal Finances and Capi-

tal Markets, will moderate a discussion about

bankruptcy litigation.

Cocktails and Conversations

Time: 5:30-7:30 p.m. Cost: $100

Location: Orleans, 4500 W. Tropicana Ave., Las

Vegas

Information: Email [email protected]

Mix and mingle with Nevada’s elected leaders as

they share their thoughts on issues affecting the

state and its business community. Contributions

will support BizPAC, the chamber’s political ac-

tion committee.

Shelley Berkley (STAFF FILE)

your Business-to-Business newsSend your business-related information to [email protected]

VEGAS INC17

June 21- June 27

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VEGAS INC18

June 21- June 27

Records and TransactionsBID OPPORTunITIeSWEDNESDAY, JUNE 242:15 p.m.Desert Breeze Recreation Center exterior and interior painting Clark County, 603613Sandy Moody-Upton at [email protected]

3 p.m.Current production model 3/4-ton pickupsClark County, 603726Sandra Mendoza at [email protected]

FRIDAY, JUNE 262:15 p.m.Flamingo diversion Rainbow branch and Rainbow Boulevard, Sunset Road to Russell RoadClark County, 603657Tom Boldt at [email protected]

2:15 p.m.Gomer Road, Fort Apache Road to Buffalo Drive signing and striping modificationsClark County, 603713Tom Boldt at [email protected]

BROKeReD TRAnSACTIOnSSAlES$24,250,000 for 115,000 square feet, retail 4955 S. Fort Apache Road, Las Vegas 89148Seller: Birkeland Family LLCSeller agent: Did not discloseBuyer: Crossroads Plaza LV LLCBuyer agent: Al Twainy of Colliers International

$3,000,000 for 27,285 square feet, retail5752 S. Fort Apache Road, Las Vegas 89148Seller: SNR HoldingsSeller agent: Jacqueline Young and Liz Clare of Avison YoungBuyer: RPM InvestmentsBuyer agent: Did not disclose

$800,000 for 7,824 square feet, industrial4045 E. Post Road, Las Vegas 89120Seller: Post Pacific LLCSeller agent: Amy Ogden and Danielle Steffen of Cushman & Wakefield CommerceBuyer: RRFT Combines Asset LLC Town Center SeriesBuyer agent: Did not disclose

$560,000 for 7,695 square feet, multifamily1114 E. Clark Ave., Las Vegas 89101Seller: Lu and Dale SiewertSeller agent: James Slack, Michael

La Bar and Michael Shaffner of Avison YoungBuyer: Michael KaplanBuyer agent: Jay Mitterlehner of American Realty Properties

$400,000 for 2.94 acre, landNorth Jones Boulevard and La Madre Way, Las Vegas Seller: Hood River Management Services LLCSeller agent: Did not discloseBuyer: Mosaic Five LLC and The Khusrow Family Trust Buyer agent: Vince Schettler of Colliers International

lEASES$809,000 for 12,647 square feet, office for 84 months2625 S. Rainbow Blvd., Building A, Suite 100 and Building B, Suite 100, Las Vegas 89146Landlord: Rainbow 2625 LLCLandlord agent: Barton Hyde of Avison YoungTenant: Professional Institute of Technology and AccountingTenant agent: Did not disclose

$669,674 for 6,538 square feet, retail for 78 months6181 S. Rainbow Blvd., Suite 101, Las Vegas 89118Landlord: Mayflower Properties LPLandlord agent: Robert S. Hatrak II of Virtus CommercialTenant: Blaine R. HansenTenant agent: Mike Abel of Lee & Associates

$333,408 for 2,750 square feet, retail for 60 months9340 E. Sahara Ave., Suite 100-101, Las Vegas 89117Landlord: 9940 West Sahara Hold-ings LLCLandlord agent: Dan Hubbard and Todd Manning of Cushman & Wakefield CommerceTenant: THS LV LLCTenant agent: Did not disclose

$263,820 for 19,958 square feet, industrial5440 S. Procyon St., Las Vegas 89118Landlord: Procyon East LLCLandlord agent: Jennifer Levine of Voit Real Estate ServicesTenant: General Supply & Services dba GexproTenant agent: Kris Knapstein of DTZ

$198,362 for 1,469 square feet, retail for 60 months6584 N. Decatur Blvd., Suite 120, Las Vegas 89131Landlord: Eagle Crossroads Center 2 LLCLandlord agent: Preston Abell and Jeff Mitchell of Virtus CommercialTenant: Sweets Nation LLCTenant agent: Cait Messina of Coldwell Banker

$197,499 for 372 square feet, retail for 60 months725 Las Vegas Blvd. South, Suite 270, Las Vegas 89101Landlord: Harrison Properties LTDLandlord agent: Dan Hubbard and Todd Manning of Cushman & Wakefield CommerceTenant: So-Cal Speed Shop Hot Rod Apparel Inc.Tenant agent: Did not disclose

$159,274 for 288 square feet, retail for 60 months725 Las Vegas Blvd. South, Suite 260, Las Vegas 89101Landlord: Harrison Properties LTDLandlord agent: Dan Hubbard and Todd Manning of Cushman & Wakefield CommerceTenant: MLT TradingTenant agent: Did not disclose

$103,623 for 1,985 square feet, office for 36 months8020 W. Sahara Ave., Suite 235, Las Vegas 89117Landlord: CCP I & II Sahara LLCLandlord agent: Nicholas Barber and Jeremy Foley of Cushman & Wakefield CommerceTenant: CQES and LTC ContinuumTenant agent: Did not disclose

$90,259 for 1,200 square feet, retail for 63 months235 N. Eastern Ave., Suite 130, Las Vegas 89101Landlord: Partch-Lebovitz Family TrustLandlord agent: Matt Feustel of Virtus CommercialTenant: Daisy and Sonia AguilarTenant agent: Matt Feustel of Virtus Commercial

$85,219 for 2,520 square feet, of-fice for 24 months7391 W. Charleston Blvd., Suite 140, Las Vegas 89117Landlord: Hospitalists of NevadaLandlord agent: Nicholas Barber and Jeremy Foley of Cushman & Wakefield CommerceTenant: Hospitals of NevadaTenant agent: Did not disclose

$60,000 for 1,300 square feet, office for 36 months2298 Horizon Ridge Parkway, Suite 204, Henderson 89052Landlord: Cedarwood HoldingsLandlord agent: Kris Watier and Brian Seibold of Avison YoungTenant: Fleetlogix Inc.Tenant agent: Did not disclose

$54,000 for 1,034 square feet, office for 69 months6787 W. Tropicana Ave., Suite 105, Las Vegas 89118Landlord: 6787 Tropicana LLCLandlord agent: Barton Hyde of Avison YoungTenant: Apex Properties and ManagementTenant agent: Did not disclose

BuSIneSS LICenSeSNevada Malco ServicesBusiness type: General contractorAddress: 5985 McLeod Drive, Las VegasOwner: Malco Services Nevada Inc.

Nevada School Of Professional Studies Business type: School Address: 6820 W. Cheyenne Ave., Las VegasOwner: M Staff Solutions LLC

Nevada State Title LLC Business type: Title insurance companyAddress: 777 N. Rainbow Blvd., Suite 140, Las VegasOwner: Jeff L. Sommers

Nicholas (Nick) Maio Business type: Real estate salesAddress: 1925 Village Center Circle, Suite 150 , Las VegasOwner: Maio Enterprises LLC

Nina’s Hair and Nails and Barber ShopBusiness type: General retail salesAddress: 9330 Sun City Blvd., Suite 101 and 102, Las VegasOwner: Nina A. Fernandez

Nu-Way SecurityBusiness type: Private investiga-torsAddress: 7251 W. Lake Mead Blvd., Las VegasOwner: Nu-Way Security And Investigative Services Inc.

Orenda Therapeutic Services PLLC Business type: Professional servicesAddress: 1334 S. Maryland Park-way, Las VegasOwner: Felisa Huene

Os Construction Services Inc.Business type: General contractorAddress: 6465 W. Sahara Ave, Suite 101, Las VegasOwner: William Sharp

Osvaldys Cleaning Services Business type: Residential prop-erty maintenanceAddress: Did not disclose, Las VegasOwner: Neyra Peinado

Page Industrial Supply Inc. Business type: Building, plant nursery and hardware suppliesAddress: 2901 Highland Drive, Suite 4G, Las VegasOwner: Kent Osborne

Parading Irises Fine Art GalleryBusiness type: Sales/servicesAddress: 2645 Cheer Pheasant Ave., North Las VegasOwner: Debra Seney

Parti Pak Productions Business type: Alcohol beverage

catererAddress: 2800 W. Sahara Ave., Suite 2C and Suite 3C, Las VegasOwner: Parti Pak Productions Inc.

Patty’s ClosetBusiness type: RetailAddress: 4780 W. Ann Road, Suite 2, North Las VegasOwner: Just 4 Love LLC

Perfume Outlet Business type: RetailAddress: 875 S. Grand Central Parkway, Suite K-3b, Las VegasOwner: BH Retailing Inc.

Ping Du Business type: Reflexology prac-titionerAddress: 6340 W. Charleston Blvd., Suite 130, Las VegasOwner: Ping Du

Pizza Hut Business type: Food servicesAddress: 10420 W. Cheyenne Ave., Suite 110, Las VegasOwner: Las Vegas Pizza LLC

Premium Car Sales Business type: Automotive salesAddress: 1501 N. Eastern Ave., Las VegasOwner: Premium Auto Sales LLC

Pro Customs Of HendersonBusiness type: Body shopAddress: 680 Middlegate Road, HendersonOwner: Pro Customs Of Henderson LLC

Professional Document Products Business type: General servicesAddress: 3371 W. Oquendo Road, Las VegasOwner: Professional Document Products LLC

Pulse Link Corp. Business type: Public utility tele-phoneAddress: 5041 N. Rainbow Blvd., Las VegasOwner: Aaron Hunsaker

Purrfect Auto Service #14 Business type: Service stationAddress: 2005 S. Decatur Blvd., Las VegasOwner: Maxum Moe Investments Inc.

R. Directional Drilling & Under-ground TechnologyBusiness type: General contractorAddress: 4590 Copper Sage St., Las VegasOwner: Jose Ruiz-Luna

Ragtime Cleaning Service LLC Business type: Residential prop-erty maintenanceAddress: 9935 Shadow Grove Ave., Las VegasOwner: Christine Hohman

Records and TransactionsRancho Circle Laundromat Business type: Tobacco dealerAddress: 2401 W. Bonanza Road, Suite Q, Las VegasOwner: RCL Services

Randy Milmeister Business type: Real estate salesAddress: 1925 Village Center Circle, Suite 150 , Las VegasOwner: Randy H. Milmeister LLC

Red Moon Business type: Repair and main-tenanceAddress: Did not disclose, Las VegasOwner: Roberto Wences

Reiki For Stress Relief Business type: Instruction servicesAddress: 2400 N. Tenaya Way, Suite 101, Las VegasOwner: Michele Ficano

Richard V. Querney Business type: Real estate salesAddress: 2310 Paseo Del Prado, Suite 105, Las VegasOwner: Richard V. Querney

Roof Envy Inc.Business type: General contractorAddress: 405 Woodridge Drive, HendersonOwner: Roof Envy Inc.

RSVPBusiness type: Management or consulting serviceAddress: Did not disclose, Las VegasOwner: RSVP Elite LLC

San Plumbing Supply Business type: Building, plant nursery and hardware suppliesAddress: 3700 E. Charleston Blvd., Suite 100, Las VegasOwner: Van Marcke Trade Supply Inc.

Scope ContractingBusiness type: Tenant improve-mentsAddress: 3170 E. Sunset Road, Suite B, Las VegasOwner: A&R Group LLC

Shawn Hong Business type: Real estate salesAddress: 5550 Painted Mirage Road, Suite 140, Las VegasOwner: Shawn Hong

Sigma Auto Business type: Automotive salesAddress: 2410 N. Decatur Blvd., Suite 130, Las VegasOwner: Apex Hills LLC

Silver State Gaming Business type: Restricted gamingAddress: 3103 N. Rancho Drive, Las VegasOwner: Silver State Gaming Inc.

Sin City Modz

thE DAtASend your business-related information to [email protected]

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VEGAS INC19

June 21- June 27

Records and TransactionsRancho Circle Laundromat Business type: Tobacco dealerAddress: 2401 W. Bonanza Road, Suite Q, Las VegasOwner: RCL Services

Randy Milmeister Business type: Real estate salesAddress: 1925 Village Center Circle, Suite 150 , Las VegasOwner: Randy H. Milmeister LLC

Red Moon Business type: Repair and main-tenanceAddress: Did not disclose, Las VegasOwner: Roberto Wences

Reiki For Stress Relief Business type: Instruction servicesAddress: 2400 N. Tenaya Way, Suite 101, Las VegasOwner: Michele Ficano

Richard V. Querney Business type: Real estate salesAddress: 2310 Paseo Del Prado, Suite 105, Las VegasOwner: Richard V. Querney

Roof Envy Inc.Business type: General contractorAddress: 405 Woodridge Drive, HendersonOwner: Roof Envy Inc.

RSVPBusiness type: Management or consulting serviceAddress: Did not disclose, Las VegasOwner: RSVP Elite LLC

San Plumbing Supply Business type: Building, plant nursery and hardware suppliesAddress: 3700 E. Charleston Blvd., Suite 100, Las VegasOwner: Van Marcke Trade Supply Inc.

Scope ContractingBusiness type: Tenant improve-mentsAddress: 3170 E. Sunset Road, Suite B, Las VegasOwner: A&R Group LLC

Shawn Hong Business type: Real estate salesAddress: 5550 Painted Mirage Road, Suite 140, Las VegasOwner: Shawn Hong

Sigma Auto Business type: Automotive salesAddress: 2410 N. Decatur Blvd., Suite 130, Las VegasOwner: Apex Hills LLC

Silver State Gaming Business type: Restricted gamingAddress: 3103 N. Rancho Drive, Las VegasOwner: Silver State Gaming Inc.

Sin City Modz

Business type: Sales/servicesAddress: 2205 Keller Court, North Las VegasOwner: Christopher Beers

Sir Smoke A Lot Hookah LoungeBusiness type: Sales/servicesAddress: 3960 W. Craig Road, North Las VegasOwner: Brenda Mejia

SolarCity Corp.Business type: Nonfarm product vendorAddress: 302 S. Rampart Blvd., Las VegasOwner: Seth Weissman

Solstice Sunglass Boutique Outlet Business type: General retail salesAddress: 785 S. Grand Central Parkway, Suite 2109, Las VegasOwner: Solstice Marketing Con-cepts LLC

Southern Nevada Desert Mermaids Business type: Community ser-vicesAddress: 11700 W. Charleston Blvd., Suite 170-378, Las VegasOwner: Carrie Stanton

Space City AssemblyBusiness type: Sales/servicesAddress: 6520 Butterfly Sky St., North Las VegasOwner: Vincent Mendez

Specialists Real Estate Business type: Real estate salesAddress: 9350 Sun City Blvd., Suite 100 and Suite 150, Las VegasOwner: Justine Lynn Ries

Star Custom Signs Business type: General retail salesAddress: 875 S. Grand Central Parkway, Kiosk 2427, Las VegasOwner: Laura Pamplona

Stephanie Dibbs Business type: Real estate salesAddress: 7448 W. Sahara Ave., Suite 106, Las VegasOwner: Stephanie Dibbs

Street Dogs Venezuelan Style LLC Business type: Non-farm product vendorAddress: 1600 N. Rampart Blvd., Las VegasOwner: Luis Fernandez

Systems Performance PartnersBusiness type: Computer consult-ing servicesAddress: 1036 Aspen Daisy Ave., HendersonOwner: Randal Hartwig and The-resa Hartwig

T’s Kitchen Business type: Nonfarm product vendorAddress: 1600 N. Rampart Blvd., Las VegasOwner: Tmira Elimlich

Taylor Atwell Business type: Real estate salesAddress: 1215 S. Fort Apache Road, Suite 210, Las VegasOwner: Taylor Atwell

Terramind LLC Business type: Instruction servicesAddress: 2400 N. Tenaya Way, Suite 101, Las VegasOwner: Anita Babinszki-Saldana

Tetra Tech Inc.Business type: ContractorAddress: 1489 W. Warm Springs Road, Suite 110, HendersonOwner: Tetra Tech Inc.

Thai Kitchen Express Business type: Food servicesAddress: 332 W. Sahara Ave., Las VegasOwner: Thai Kitchen LLC

The Downtowner Business type: Residence hotelAddress: 218 N. Eighth St., 120 N. Eighth St. and 116 N. Eighth St., Las VegasOwner: DT Lodging LLC

The Wet SealBusiness type: Clothing Address: 1300 W. Sunset Road, Suite 1241, HendersonOwner: The Wet Seal

Total Vegas Events Business type: General servicesAddress: 9490 W. Diablo Drive, Las VegasOwner: Lisa C. Chapman

Trinity Land Surveying Inc.Business type: Surveying firmAddress: 3650 N. 5th St., Suite 140, North Las VegasOwner: Trinity Land Surveying Inc.

Underground Skateboard Shop Stratosphere Business type: Sporting goodsAddress: 2000 Las Vegas Blvd. South, Suite D06, Las VegasOwner: Silver Nevada Royce West LLC

Up In Smoke 2 Electronic Ciga-rettes & E-Juice Business type: Vapes and elec-tronic cigarettesAddress: 875 S. Grand Central Parkway, Suite K111, Las VegasOwner: Vapor Rage LLC

Vazquez Insurance And Multiser-vices Business type: Business support serviceAddress: 1839 E. Charleston Blvd., Las VegasOwner: Cortes Vazquez LLC

Vegas Valley Demolition LLCBusiness type: General contractorAddress: 8565 S. Eastern Ave., Suite 150, Las VegasOwner: Vegas Valley Demolition LLC

Vegas Valley Sports Management Business type: Food servicesAddress: 240 W. Fairway Road, Las VegasOwner: Vegas Valley Sports Man-agement LLC

Vernessa Johnson Business type: Real estate salesAddress: 9525 Hillwood Drive, Suite 120, Las VegasOwner: Vernessa Johnson

Wasted Americana Business type: General retail salesAddress: 5710 W. Charleston Blvd., Las VegasOwner: Georgina Garcia Anaya

Water FX LLCBusiness type: Contractor Address: 740 N. Valle Verde Drive, Las VegasOwner: Did not disclose

Wireless ExpressBusiness type: General retail salesAddress: 4252 E. Charleston Blvd., Las VegasOwner: Mr. Fy LLC

World Of Watches Business type: General retail salesAddress: 875 S. Grand Central Parkway, Suites 35 and 79, Las VegasOwner: BH Retailing Inc.

Yoga For Everybody Business type: Instruction servicesAddress: 2400 N. Tenaya Way, Suite 101, Las VegasOwner: Emmerson LLC

Z Mart Business type: Tobacco dealerAddress: 1451 W. Owens Ave., Las VegasOwner: Platinum Management Group 2 LLC

Zimmerman Law Firm Pc Business type: Professional servicesAddress: 7670 W. Lake Mead Blvd., Suite 140, Las VegasOwner: Brian F. Zimmerman

Zzyzx Construction LLCBusiness type: Residental im-provementAddress: 2470 Chandler Ave., Las VegasOwner: Zzyzx Construction LLC

BuILDInG PeRMITS$5,461,664, hospital institution10625 Jeffreys St., HendersonSeven Hills Hospital B

$1,977,031, medical office10615 Jeffreys St., HendersonSeven Hills Hospital B

$986,750, commercial - remodel519 N. Stephanie St., Henderson

Ulta Beauty

$750,000, tenant improvement4131 E. Bonanza Road, Las VegasDevelopers Choice Inc.

$432,793, disaster5921 Smoke Ranch Blvd., Las VegasKalb Industries of Nevada Ltd.

$321,930, mounted photovoltaic system8304 Fawn Meadow Ave., Las VegasSolarCity Corporation

$254,404, residential - production 2774 Sacred Court, HendersonGreystone Nevada LLC

$254,404, residential - production2782 Sacred Court, HendersonGreystone Nevada LLC

$250,190, residential - custom1794 Anelli Court, HendersonTyler Christopher & Marta Revoca

$226,487, single-family328 Calgrove St., Las VegasGreystone Nevada LLC

$221,910, residential - production2816 Josephine Drive, HendersonRichmond American Homes Of Nevada

$221,910, residential - production2864 Josephine Drive, HendersonRichmond American Homes Of Nevada

$217,086, residential - production2540 Pont Marie Drive, HendersonRichmond American Homes Of Nevada

$211,982, single-family323 Calgrove St., Las VegasGreystone Nevada LLC

$211,982, single-family338 Calgrove St., Las VegasGreystone Nevada LLC

$211,007, single-family331 Calgrove St., Las VegasGreystone Nevada LLC

$200,340, residential - production1164 Apollo Gardens St., Hender-sonGreystone Nevada LLC

$196,197, single-family339 Calgrove St., Las VegasGreystone Nevada LLC

$194,962, residential - production1168 Apollo Gardens St., Hender-sonGreystone Nevada LLC

$192,465, commercial - remodel1410 Jet Stream Drive, Suite 170, HendersonPacific Dental Services

the dataSend your business-related information to [email protected]

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your Business-to-Business newsSend your business-related information to [email protected]

VEGAS INC20

June 21- June 27

Records and Transactions$191,302, residential - custom1141 Dufort Hills Court, HendersonDR Horton Inc.

$186,256, residential - production2778 Sacred Court, HendersonGreystone Nevada LLC

$178,992, residential - production2175 Maderno St., HendersonPardee Homes Of Nevada

$178,992, residential - production2182 Maderno St., HendersonPardee Homes Of Nevada

$178,900, office - tenant improve-ment3185 W. St. Rose Parkway, Suite 311, HendersonTitanium Building Group LLC

$173,871, single-family7261 Orchard Harvest Ave., Las VegasDR Horton Inc.

$173,871, single-family7301 Orchard Harvest Ave., Las VegasDR Horton Inc.

$173,447, residential - production1092 Day Marks Lane, HendersonGreystone Nevada LLC

$171,562, residential - production2170 Maderno St., HendersonPardee Homes Of Nevada

$171,070, single-family9095 Mastodon Ave., Las VegasDR Horton Inc.

$171,070, single-family9102 Mastodon Ave., Las VegasDR Horton Inc.

$169,954, residential - production2183 Maderno St., HendersonPardee Homes Of Nevada

$169,954, residential - production 2178 Maderno St., HendersonPardee Homes Of Nevada

$164,464, residential - production2859 Shining Sun Way, HendersonGreystone Nevada LLC

$160,949, single-family9101 Mastodon Ave., Las VegasDR Horton Inc.

$160,949, single-family9096 Mastodon Ave., Las VegasDR Horton Inc.

$160,638, residential - production2561 Prairie Pine St., HendersonPardee Homes Of Nevada

$160,472, residential - production2855 Shining Sun Way, HendersonGreystone Nevada LLC

$160,472, residential - production2863 Shining Sun Way, Henderson

Greystone Nevada LLC

$160,266, single-family245 Besame Court, Las VegasToll South LV LCC

$157,810, residential - production717 Gulf Pearl Drive, HendersonKB Home Nevada Inc.

$155,537, residential - production2174 Maderno St., HendersonPardee Homes Of Nevada

$154,317, residential - production2179 Maderno St., HendersonPardee Homes Of Nevada

$150,016, commercial - remodel140 S. Green Valley Parkway, Suite 122, HendersonKamus & Keller

$150,000, single-family8905 Tavistock Court, Las VegasCrisci Builders

$150,000, wall/fence9711 Eagle Canyon Ave., Las VegasIntegrity Masonry Inc.

$146,497, single-family7410 Old Compton St., Las VegasGreystone Nevada LLC

$143,775, residential - new4364 Shady River Ave., North Las VegasKB Home Nevada Inc.

$143,006, residential - production694 Bollons Island St., HendersonKB Home Nevada Inc.

$142,395, residential - production715 Gulf Pearl Drive, HendersonKB Home Nevada Inc.

$142,395, residential - production724 Gulf Pearl Drive, HendersonKB Home Nevada Inc.

$140,498, single-family6942 Lakota Summit Court, Las VegasDR Horton Inc.

$140,327, single-family7221 Orchard Harvest Ave., Las VegasDR Horton Inc.

$139,839, single-family9090 Mastodon Ave., Las VegasDR Horton Inc.

$137,294, residential - production920 Lynne Harbor Ave., HendersonKB Home Nevada Inc.

$137,294, residential - production3128 Dalmazia Ave., HendersonKB Home Nevada Inc.

$136,906, residential - production928 Harbor Ave., HendersonKB Home Nevada Inc.

$136,699, single-family12210 Tempestad Ave., Las VegasToll South LV LCC

$135,531, single-family7417 Old Compton St., Las VegasGreystone Nevada LLC

$135,531, single-family7414 Old Compton St., Las VegasGreystone Nevada LLC

$135,177, single-family6945 Lakota Summit Court, Las VegasDR Horton Inc.

$135,000, commercial - addition4975 N. Pecos Road, North Las VegasSouthwest Material Handling

$134,434, single-family7935 Torreys Peak St., Las VegasRyland Homes

$133,118, single-family444 Trevinca St., Las VegasRyland Homes

$132,764, residential - new3509 Starlight Ranch Ave., North Las VegasJ.F. Shea Co. Inc.

$130,584, residential - production3163 Fortunati Walk, HendersonKB Home Nevada Inc.

$128,699, residential279 Inflection St., HendersonRichmond American Homes Of Nevada

$126,054, single-family10439 Prairie Mountain Ave., Las VegasRyland Homes

$125,193, single-family440 Trevinca St., Las VegasRyland Homes

$125,000, commercial - remodel871 Coronado Center Drive, Suite 200, HendersonDenali Builders

$123,813, single-family7853 Saber Tooth St., Las VegasDR Horton Inc.

$120,465, single-family6952 Lakota Summit Court, Las VegasDR Horton Inc.

$115,100, commercial - alteration1815 E. Lake Mead Blvd., North Las VegasAlan Jeskey Builders Inc.

$114,670, residential - production2847 Shining Sun Way, HendersonGreystone Nevada LLC

$114,670, residential - production2851 Shining Sun Way, Henderson

Greystone Nevada LLC

$114,171, residential275 Inflection St., HendersonRichmond American Homes Of Nevada

$113,227, single-family7859 Saber Tooth St., Las VegasDR Horton Inc.

$108,959, single-family7935 Blue Lake Peak St., Las VegasAdaven Homes LLC

$107,887, single-family7856 Saber Tooth St., Las VegasDR Horton Inc.

$107,510, single-family10617 Kennedy Peak Lane, Las VegasRyland Homes

$106,774, single-family7939 Blue Lake Peak St., Las VegasAdaven Homes LLC

$104,986, commercial777 S. Grand Central Parkway, Las VegasWhiting Turner Contracting

$104,272, single-family7919 Mineral Peak St., Las VegasAdaven Homes LLC

$103,549, single-family7871 Saber Tooth St., Las VegasDR Horton Inc.

$103,549, single-family9321 Bright Blue Sky Ave., Las VegasDR Horton Inc.

$103,549, single-family9325 Bright Blue Sky Ave., Las VegasDR Horton Inc.

$103,442, single-family9028 Good Humored Court, Las VegasGreystone Nevada LLC

$103,192, residential271 Inflection St., HendersonRichmond American Homes Of Nevada

$102,527, residential - production713 Gulf Pearl Drive, HendersonKB Home Nevada Inc.

$100,742, residential - new3505 Starlight Ranch Ave., North Las VegasJ.F. Shea Co. Inc.

$100,475, residential - production3159 Fortunati Walk, HendersonKB Home Nevada Inc.

$100,475, residential - production3161 Fortunati Walk, HendersonKB Home Nevada Inc.

$100,419, residential - production395 Ambitious St., HendersonRyland Homes

$100,419, residential - production265 Persistence Court, HendersonRyland Homes

$100,335, single-family7938 Blue Lake Peak St., Las VegasAdaven Homes LLC

$100,335, single-family7934 Blue Lake Peak St., Las VegasAdaven Homes LLC

$100,000, commercial4131 E. Bonanza Road, Las VegasDevelopers Choice Inc.

$100,000, tenant improvement4131 E. Bonanza Road, Las VegasDevelopers Choice Inc.

$95,587, single-family9121 Blue Crystal Court, Las VegasTNP Construction Company

COnVenTIOnSSociety for Human Resource Management (SHRM) - Annual Conference & Exposition 2015 Location: Las Vegas Convention CenterDates: June 28-30Expected attendance: 18,000

Institute of Transportation Engi-neers - Technical Conferences & Exhibits 2015 Location: Planet Hollywood Dates: July 8-14Expected attendance: 500

Freedom Fest 2015 Location: Planet Hollywood Dates: July 8-12Expected attendance: 700

USA/BMX Las Vegas Grand Nation-als - 2015 Location: Equestrian Events Center at the South PointDates: July 10-12Expected attendance: 900

UFC Fan Expo 2015 Location: Sands Expo & Conven-tion CenterDates: July 10-11Expected attendance: 12,000

Cosmoprof North America 2015 Location: Mandalay Bay Dates: July 12-14Expected attendance: 23,000

To receive a complete copy of Data Plus every week in Excel, please visit vegasinc.com/sub-scribe.

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The List

*Total compensation = Salary + bonus + value realized on exercise of stock options + value realized on sale of restricted stock + non-equity incentive plan compensation+ All other compensation

Source: The companies’ filings with the Securities and Exchange Commission 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.

Category: HigHest-paid exeCutives(ranked By total Compensation Based on most reCent availaBle seC filing*)

NameTotal compensation Salary Bonus Stock awards Option awards

Non-equity incentive

All other compensation

1 Robert G. GoldsteinPresident, COOLas Vegas Sands Corp.

$48,652,290 $1,500,000 — — $45,045,000 $1,450,500 $656,790

2 Gary LovemanPresident, CEOCaesars Entertainment Corp.

$32,650,741 $1,900,000 — $20,799,680 $6,025,403 $2,437,500 $1,488,158

3 Steve WynnChairman, CEOWynn Resorts Ltd.

$25,322,854 $4,000,000 — $10,000,000 — $10,000,000 $1,322,854

4 Sheldon AdelsonChairman, CEO, treasurerLas Vegas Sands Corp.

$11,991,724 $1,000,000 — $1,825,000 $1,825,000 $3,712,026 $3,629,698

5 Ram V. CharyPresident, CEOGlobal Cash Access Hold-ings Inc.

$11,654,669 $632,692 — $1,424,000 $9,438,033 — $159,944

6 James J. MurrenChairman, CEOMGM Resorts International

$10,183,159 $2,000,000 — $3,499,993 — $4,081,536 $601,630

7 Anthony M. SanfilippoCEOPinnacle Entertainment Inc.

$7,845,234 $1,200,000 — $4,475,908 $1,424,426 $741,000 $3,900

8 Keith E. SmithPresident, CEOBoyd Gaming Corp.

$5,926,590 $1,250,000 — $2,488,674 $545,802 $1,593,750 $48,364

9 Robert H. BaldwinChief design and construc-tion officer, directorMGM Resorts International

$5,536,516 $1,650,000 — $1,100,018 — $2,736,585 $49,913

10 Linda ChenPresident of Wynn Interna-tional MarketingWynn Resorts Ltd.

$5,386,249 $1,500,000 — $1,500,000 — $1,500,000 $886,249

11 Stephen CooteySenior vice president, CFO, treasurerWynn Resorts Ltd.

$5,296,853 $587,307 $625,000 $3,958,800 — — $125,746

12 Rajesh C. ShrotriyaChairman, CEOSpectrum Pharmaceuticals Inc.

$4,828,563 $900,000 $900,000 $723,000 $2,011,423 — $294,140

13 Matt MaddoxPresidentWynn Resorts Ltd.

$4,814,400 $1,500,000 — $1,500,000 — $1,500,000 $314,400

14 William J. Hornbuckle IVPresidentMGM Resorts International

$4,623,680 $1,250,000 — $1,400,005 — $1,913,220 $60,455

15 Thomas JenkinGlobal president of destination marketsCaesars Entertainment Corp.

$4,373,820 $1,200,000 — $1,712,480 $903,742 $525,000 $32,598

16 Kim SinatraExecutive vice president, general counsel, secretaryWynn Resorts Ltd.

$4,325,954 $840,769 — $2,474,875 — $850,000 $160,310

17 Carlos A. RuisanchezPresident, CFOPinnacle Entertainment Inc.

$4,280,205 $800,000 — $2,595,877 $367,428 $513,000 $3,900

VEGAS INC22

June 21- June 27

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