Vegas Visitor Volume Maintains 2019 Bump

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The Las Vegas Convention and Visitor’s Authority (“LVCVA”) released their February 2019 numbers this week, and every major metric is up from the year before. Visitor volume was at over 3.1 million, a 1.9 percent bump from Feb 2018. January’s visitor volume was higher year-over-year (“YoY”) as well. Convention attendance was up 8.5 percent from… Read more »

March Commercial Mortgage Indexes

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Our friends at CommCap Advisors have the latest word on commercial mortgages and the 30-day LIBOR: The 30-day LIBOR remained unchanged for the month of February while 10-year U.S. Treasury rose 10 basis points during the same period. Life Insurance Companies had a strong 2018 and have significant allocations for 2019. Borrowers continue to favor… Read more »

March REITview

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Welcome to our monthly REITView newsletter – where we analyze the latest national trends in real estate investment trusts (REITs) and their implications for investors and the Nevada real estate market. REITs own, and often operate, a pool of income-producing real estate assets. Investors can then purchase a liquid stake in these portfolios – think… Read more »

What Did The Tax Cuts & Jobs Act Do For You?

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Tax season is here again, and this is the first under the Republican-championed Tax Cuts & Jobs Act. Some people (and businesses) are seeing a reduction in taxes owed, but others are shocked to find out they owe for the first time. What could the impact to your tax bill be? The Tax Foundation is… Read more »

February 2019 REITView

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Welcome to our monthly REITView newsletter – where we analyze the latest national trends in real estate investment trusts (REITs) and their implications for investors and the Nevada real estate market. REITs own, and often operate, a pool of income-producing real estate assets. Investors can then purchase a liquid stake in these portfolios – think… Read more »

Can Nevada Avoid The Rising Cost Of Prison?

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A recent report for the Nevada Advisory Commission on the Administration of Justice (“the Commission”) prepared by the Crime and Justice Institute (“the Institute”) has been in the news lately, with eye-popping numbers: Nevada’s prison population is already one of the fastest-growing in the nation, and is outpacing state population growth in contrast to other… Read more »

2018 Officially Busiest Year In McCarran Airport History

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McCarran International Airport has released their December 2018 passenger numbers along with their 2018 summary, and the Las Vegas airport saw a record 49.7 million passengers over the course of the year. This makes the eighth consecutive year that McCarran has seen record passenger numbers. That’s not all that made this a banner year for… Read more »

Las Vegas Sees December Visitor Bump, Falls Short of 2017 for the Year

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The Las Vegas Convention and Visitor’s Authority (or “LVCVA”) has released their December 2018 tourism executive summary, and we have the most interesting numbers for you here. While we didn’t quite match 2017’s 42.2 million visitors for the year, it came close: just over 42.1 million visitors came to Las Vegas in 2018. Convention attendance… Read more »

Nevada Job Growth Continues Through December

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The Nevada Department of Employment, Training, and Rehabilitation (DETR) has released the unemployment numbers for December 2018. We’ll have a fully updated Job Flash for you before long, but here’s a quick update. Job growth month-over-month is strong, with a seasonally adjusted increase of 6,300 jobs from November to December. Carson City was the only… Read more »

The Latest on Mortgage Indexes

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From our friends at CommCap Advisors, here’s the latest on US Treasury Yields, LIBOR, and a look ahead: Last year was a year of surprises. From the unexpected late-year decrease in US Treasury Yields, experiencing an inverted yield curve (recession looming?), and a volatile stock market, we’ve all been kept on edge wondering what the… Read more »