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Category – Events

NVAR Joins Thousands of Realtors® Visiting Washington and Capitol Hill to Advocate for Homeownership and Commercial Real Estate

Greg Martin 2mbOn behalf of current and future home and property owners throughout the country, more than 9,600 Realtors® traveled to Washington, D.C., this week to advance key real estate issues during the 2017 REALTOR® Legislative Meetings & Trade Expo.

More than 85 REALTOR® representatives from across the Silver State joined fellow Realtors® from across the nation to attend meetings and informational sessions, as well as meet with regulatory agency staff and lawmakers on Capitol Hill to discuss and advocate real estate issues affecting their businesses, communities and clients.

Attending Realtors®, including members of the statewide Nevada Association of Realtors® (NVAR), focused on several significant issues affecting the industry during the legislative-focused meetings, including flood insurance, tax reform and sustainable homeownership.

“Realtors® are critical advocates for the real estate industry and for their clients, and this meeting is the perfect opportunity to educate ourselves on the issues facing real estate markets, as well as the legislative and regulatory issues on the horizon that could affect Realtors®, home buyers and sellers, and property owners,” said NVAR CEO Teresa McKee.

While in Washington, NVAR leaders met with Senator Dean Heller and Representatives Mark Amodei, Dina Titus, Ruben Kihuen and Jacky Rosen on Capitol Hill to discuss and influence public policy decisions that directly affect consumers’ ability to own, buy, rent and sell residential and commercial real estate.

“As the leading advocates for real estate, it is important for Realtors® to meet face to face with our nation’s representatives to make sure homeownership and commercial real estate remains top of mind, since these help to shape our communities and play crucial roles in the economic health of America,” said 2017 NVAR President Greg Martin.

One of the main issues discussed was the urgent need to pass a multiyear reauthorization of the National Flood Insurance Program before it expires onSept. 30. Additionally, Realtors® urged the protection of sustainable homeownership by advocating for responsible reform of the secondary mortgage market, prohibiting the use of guarantee fees for any purposes other than credit-risk management, improving consumer protections for energy-efficiency improvement loans and tax reform.

“With tax reform currently being discussed by the administration and legislators, it is important for regulators to hear from Realtors® that while tax reform is necessary, it cannot come at the expense of real estate tax provisions, such as the mortgage interest deduction, which are essential to the housing market and a key driver of the economy,” said Martin.

During the meetings, attendees also heard from industry experts and leaders, including Secretary of Housing and Urban Development Dr. Ben Carson, who spoke about the challenges facing potential homebuyers, including low home inventories and tight mortgage credit. During the meeting, Carson confirmed that HUD is in “lock-step” with Realtors® about an NAR-backed rule that would make it easier for consumers to buy a condominium with Federal Housing Administration backed financing, which has been pending since September 2016. Carson agreed that this rule would “make a big difference to a lot of Americans.”

In addition, attendees heard from Fox News’ Chris Wallace and CNBC’s Ron Insana, who shared their insights on the administration’s agenda and other legislative and regulatory happenings in Washington; Mark Calabria, chief economist to Vice President Mike Pence, who said reversing weak productivity and the low labor force participation rate are necessary to boosting the economy; John Worth, senior vice president for Research and Investor Outreach, National Association of Real Estate Investment Trusts, who shared his perspectives on commercial market activity; Roy Wright, deputy associate administrator for Insurance and Mitigation at the Federal Emergency Management Administration, who said that challenges remain in ensuring access to affordable flood insurance and a multi-year reauthorization of the NFIP is critical; and NAR Chief Economist Lawrence Yun, who shared residential and commercial real estate market updates and forecasts for the remainder of 2017.

During the week, Realtors® also participated in a series of on-site visits with regulatory agency staff at the Federal Aviation Administration, Federal Emergency Management Agency, U.S. Department of Treasury and the U.S. Department of Veterans Affairs.

In addition to the informational legislative sessions and meetings with legislators, NVAR members and conference goers had the opportunity to explore the latest industry innovations and receive up-to-date information on the newest products and services from more than 100 industry-leading companies that participated during the trade expo.

CALV Attracts a Record Crowd to its May Mixer

CALV Board 5.3.17Commercial Alliance Las Vegas (CALV) attracted a record crowd to its annual spring mixer for local real estate professionals.  CALV President Jennifer Ott, CCIM, said 167 commercial and residential real estate professionals and others attended the mixer held May 3 at the Cili Restaurant at the Bali Hai Golf Club on the Las Vegas Strip.

Attendees enjoyed fine food and drinks while networking with their peers from the real estate and related industries.  Event sponsors and partners included the local chapters of the Appraisal Institute; BOMA (Building Owners and Managers Association); CCIM (Certified Commercial Investment Member); CMG (Commercial Marketing Group); CREW (Commercial Real Estate Women); IREM (Institute of Real Estate Management); NAIOP (National Association of Industrial and Office Properties); NBBA (Nevada Business Brokers Association); and SIOR (Society of Industrial and Office REALTORS®).

“Thanks for the support of our affiliate organizations, we had a record number of attendees this year,” she said. “We hope everyone had a great time and made some new connections.”

She added that the CALV mixer has become one of the industry’s most popular and well-attended events and is a great way for CALV to meet its mission of uniting the commercial real estate industry in Southern Nevada.

Support The Crohn’s & Colitis Foundation’s Las Vegas Take Steps Walk On April 29th

Join hundreds of local children and adults battling Crohn’s disease and ulcerative colitis to walk for cures in the Mountains Edgeon Saturday, April 29 at Exploration Park. Take Steps for Crohn’s & Colitis is the Foundation’s largest fundraising event dedicated to raising critical research funds and awareness of Crohn’s disease and ulcerative colitis, two painful, debilitating digestive diseases that affect 1 in 200 Americans, including 80,000 children nationwide.

“Take Steps is often the first time a newly diagnosed patient comes face to face with other patients who truly understand their disease,” said Breanna Baer, national manager, Take Steps Campaign. “Our walk is a celebration of all that we have accomplished in battling these diseases. Patients and families feel empowered for having made a tangible difference in their own lives, inspired for their own futures, and connected to others on a similar journey. Our patients are never alone in their fight.”

Take Steps funds critical research efforts for those suffering from Crohn’s disease and ulcerative colitis. Take Steps Las Vegas has set a goal to raise nearly $50,000 in 2017. In total, the Foundation has invested $267 million in research for cures.

Crohn’s disease and ulcerative colitis are medically incurable diseases that affect the digestive system and affect 1.6 million Americans. Known collectively as inflammatory bowel diseases (IBD), Crohn’s disease and ulcerative colitis are often referred to as ‘silent diseases’ because many who suffer are embarrassed to talk about their condition. In addition to fever, loss of appetite, weight loss, and fatigue, symptoms of IBD also can include an urgent need to use the bathroom, diarrhea, abdominal cramps, rectal bleeding, and constipation. Many patients require numerous hospitalizations and surgery.

In addition to the walk through Exploration Park at the Mountain’s Edge Master Planned Community, festivities will include live music, refreshments, kid’s entertainment, raffle prizes, booths, information, park activities, and more. Well-behaved, leashed pets are welcome.

A $50 donation per person is encouraged to celebrate the Foundation’s 50th anniversary in providing support to patients. Every participant who raises $100 or more will receive a 2017 commemorative T-shirt, a Take Steps keepsake to carry on walk day, and a wristband to receive refreshments.

To register prior to the event, organize a team, or get involved, visit www.cctakesteps.org/lasvegas2017 or contact Breanna Baer at bbaer@ccfa.org or call

909-717-1888.

Check-in and festivities begin at 9 a.m. with the community walk at 10 a.m. Exploration Park is located at 9700 South Buffalo Drive, just south of Blue Diamond Road.

Take Steps Las Vegas is sponsored by Abbvie, Mountain’s Edge Master Planned Community, City National Bank and United Healthcare.

The Providence Master Planned Community Is Holding Earth Day Activities

Go green with the Providence Master Planned Community during its first Going Green Earth Day Celebration on Saturday, April 22. The free event for the whole family is being held in conjunction with the annual international Earth Day observance where people all over the world demonstrate support for keeping the planet healthy and clean.

Activities will begin with a Bureau of Land Management (BLM) clean-up in the desert area west of Providence from 8 a.m. to noon. Volunteers are encouraged to sign up to receive more information on the location and also will receive a ‘thank you’ bag with a T-shirt and lunch.

Volunteers and the community are then invited to Providence’s Knickerbocker Park for a variety of festivities from noon to 3 p.m. They include music, games, inflatable bungee run and obstacle course, gardening demonstrations for kids and adults by Star Nursery, small farmers market by Gilcrease Orchard, dog agility course by K-9 Allure, free shredding by Opportunity Village, blood drive by United Blood Services, information and goodies for kids from community partners, and food trucks. In addition, Providence will continue with its long-standing tradition of releasing ladybugs at 2:30 p.m.They are considered beneficial because they consume harmful insects that kill or damage flowers, shrubs and trees.

To sign up for the clean-up, visit http://signup.com/go/V57ceQ, and to register for the blood drive, visit www.bloodhero.com and enter the sponsor code Providence Hero. For event information, call the Providence Master Homeowners Association at 702-216-2020

Knickerbocker Park is located at 10695 W. Dorrell Lane, north of the I-215 Beltway and Hualapai Way exit.

GLVAR To Honor Young Guns At The Hard Rock: Party On Garth – April 27th

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The Greater Las Vegas Association of REALTORS® (GLVAR) and its Young Professionals Network of Las Vegas (YPN) have announced the winners of their annual “40 Under 40” awards. The awards program was created to acknowledge the top 40 local REALTORS® under the age of 40 who demonstrate excellence in their careers and service to their community, the real estate industry and their state, local and national associations. Honorees were chosen by a selection committee of GLVAR members, who also considered their professional designations, contributions to charities and to GLVAR’s Political Survival Fund, as well as their annual real estate sales transactions and number of properties they manage. They will be honored at an April 27 event at the Hard Rock Hotel & Casino in Las Vegas. They will also be recognized in various ways by GLVAR, including being featured in GLVAR’s monthly Southern Nevada REALTOR® publication. For information or tickets to the awards event, email vleanos@glvar.org. GLVAR and its YPN group also inducted eight members into its “40 Under 40” Hall of Fame for members who have been named to the top 40 for three years.

This year’s Hall of Fame inductees include:• William J. Alt, NextHome Integrity • Joseph Y. Lee, eProNet Realty • Omar A. Lopez, BHHS Nevada Properties • Holly Marquardt, All Vegas Valley Realty • Charmaine Prospero, Northcap Residential • Georgia Purpura, Keller Williams Realty Southwest • Krystal A. Sherry, Hudson Real Estate • Julie C. Youngblood, Keller Williams Realty Southwest

YPN’s “40 Under 40” honorees for 2017 include: • Nora E. Aguirre, Source Realty • Jordan D. Betten, Coldwell Banker Premier • Amanda Bolton, Platinum Real Estate Professionals • Christina Cova-Simmons, BHHS Nevada Properties • Shawn Cunningham, RE/MAX Advantage • Amber M. DeLillo, Signature Real Estate Group • Bobby R. Deveraux, Shorewood Real Estate • Andrew Dionne, Barrett and Co., Inc. • Jeff T. Ehlert, Blue Diamond Realty LLC • Wasim Faranesh, Black & Cherry Real Estate • Jim C. Fong, Keller Williams Realty Southwest • Stephanie Fontaine, Urban Nest Realty • Robert Gluskin, Signature Real Estate Group • Sevak Grigor, Platinum Real Estate Professionals • Randy K. Hatada, Xpand Realty & Property Management • Sara H. Jessa, Urban Nest Realty • Ronald J. Johnson, Keller Williams Realty Southwest • Lola Karacsonyi, Monopoly Realty & Management, Inc. • Troy J. Kearns, Platinum Real Estate Professionals • Ryan King, King Realty Group • Eric A. Kruger, Windermere Prestige Properties • Alexandra Malenkina, Nevada Realty Experts • Jason Mattson, Orange Realty Group LLC • James J. McGuire, Signature Real Estate Group • Paulina McKinney, Urban Nest Realty • Michael McNamara, Coldwell Banker Premier • Cassandra A. Mor, the Mor Group • Mark D. Perry, Local Realty • Nicholas J. Puglia, Coldwell Banker Premier • Yared Rivera, Realty One Group, Inc. • Stephen E. Roberts Jr., SER Realty LLC • Maureen Robison, BHHS Nevada Properties • Robert Andy Stahl, Raintree Real Estate • Duc T. Su, Pordes Residential Sales & Marketing LLC • Sasha Terry, Platinum Real Estate Professionals • Angela K. Tina, Urban Nest Realty • Rexalynn M. Walberg, Goliath Properties • Geoffrey S. Zahler, Zahler Properties LLC • Kamyar Zargari, Triumph Property Management Company • Melissa L. Zimbelman, Luxe International Realty

NVAR Leadership Group Has Some Fun In The Land Of The Sun…And Good Deeds Done

groupshot smallerLeadershipNVAR’s Class of 2017 kicked off its year-long program by meeting Jan. 24-26 in Scottsdale, Arizona. The 15-member class of NVAR members from all parts of Nevada devoted three days to a range of activities designed to promote leadership and growth. While attending courses and networking, the REALTORS® volunteered at a local shelter for families who are homeless and in need. They also started planning their year-long community service project to support Boys & Girls Clubs throughout Nevada.

The 2017 LeadershipNVAR class includes Nevada REALTORS® from all parts of the state, from Elko to Minden and from Reno to Las Vegas. The class includes: Tom Blanchard, Lisa Cobb, Tamra Coulter, Stephanie Dibbs, Jerome Johnson, Tim Kelly Kiernan, Alex Malenkina, Rebecca McKenna-Inman, and Merri Perry, all of Las Vegas; Cheryl Henning and Angela Lage, of Elko; Kendra Murray, of Incline Village; Naomi Pettit, of Carson City and Incline Village; Whitney Richburg, of Reno; and Kaycee Summers, of Minden and Gardnerville. “This is an energetic, engaging leadership group,” said Tiffany Banks, NVAR’s legal counsel and its staff liaison to the program. “Everyone was quick to jump in and immerse themselves in the program. It’s always rewarding to work with the future leaders of our association and our profession, and to be able to help others at the same time.”

Banks added that the goal of the program NVAR established several years ago is to train the next generation of leaders in the association and in the state while helping participants learn about themselves so they can become better leaders in all facets of their lives. She said the program emphasizes teamwork, community and self-awareness. Participants meet quarterly for intensive leadership training, with sessions continuing in June, September and December.

CBRE Hotels To Auction The Rita Suites Las Vegas

Rita-Suites-Las-VegasCBRE Hotels has been exclusively engaged to market the 221-room Rita Suites located one block off the Las Vegas ‘Strip’ at 344 E Desert Inn Road in Las Vegas, Nevada.

“With excellent, current net operating income and strong profit margins, this all-suite, fee simple property offers a tremendous upside opportunity to affiliate with a national hotel brand or as a multi-family or mixed-use redevelopment play,” said Chris Komanowski, senior vice president, of CBRE Hotels in Las Vegas. Mr. Komanowski added, “We are offering the Rita Suites in an auction format with bids due on March 1, 2017.”

Located behind Wynn’s Encore Casino Resort and proximate to the Las Vegas Convention Center expansion which is currently under construction, the unencumbered Rita Suites benefits from year-round demand from one of the most popular leisure and convention cities in the world.

CBRE Hotels is a specialized advisory group within CBRE providing capital markets, consulting, investment sales, research and valuation services to companies in the hotel sector. CBRE Hotels is comprised of more than 385 dedicated hospitality professionals located in 60 offices across the globe.

 

 

Thomas & Mack Development Group Gives ‘Broker’ Some Love In A Unique Way

PPProminent Las Vegas real estate developer, Thomas & Mack, is saying “thank you” in a way that is rarely seen in a business setting. It is naming a park at the McCarran Center after Dan Palmeri, senior director at Cushman & Wakefield Commerce, to thank and honor his tenant representation work. Palmeri leased more than 200,000 square feet in six buildings at the 100-acre business park and his team is the most active in bringing new companies to the McCarran Center.

The Palmeri Park will be a green space between four office buildings, primarily leased by Palmeri, as a break location for the employees at the business center. The park will feature outdoor seating below a mature tree canopy.

“I have often viewed the Thomas & Mack Group as mentors, and am undoubtedly honored to be recognized by them in this way,” said Dan Palmeri, senior director of tenant advisory group for the Las Vegas office of Cushman & Wakefield Commerce. “After they assured me that this wasn’t some kind of a joke, I couldn’t be anything but grateful for Thomas & Mack and proud of the Commerce team I work with that assisted on the leases.”

The naming ceremony was held Tuesday, January 31.

 

Lake Las Vegas Sports Club Set To Open

lake-las-vegasThe Lake Las Vegas master plan is adding a special benefit for its residents with the opening of the new Lake Las Vegas Sports Club in January.  Located in the middle of 50 acres of landscaped open space, the new multimillion dollar private club is designed to promote health and wellness, fitness and leisure recreation.  Exclusive to Lake Las Vegas residents, the Lake Las Vegas Sports Club is expected to become a hub for social events, tennis and pickle ball tournaments and other member activities.

“We’re excited to open the Lake Las Vegas Sports Club and provide another great amenity in our community. The opening of the club continues the development and promise of this very special residential, golf and resort community surrounding our 320-acre private lake,” said Patrick Parker, president of Raintree Investment Corporation. Raintree Investment Corporation has managed the Lake Las Vegas master plan since mid-2012 as well as other master planned communities located in Arizona, California, Colorado and Nevada.

The Lake Las Vegas Sports Club has completely reimagined the former Falls Golf Clubhouse into a state-of-the-art-fitness center with TechnoGym workout equipment, a yoga movement studio, social gathering rooms, a family game room, four tennis courts, two pickle ball courts and family and lap pools.  The “early California” inspired architecture at the sports club creates a campus style atmosphere with more than 16,000 square feet of inviting casual contemporary air-conditioned indoor social spaces designed by the world-renowned design firm, Tandem.  Tandem was the designer of the interior spaces of Reflection Bay Golf Clubhouse and the Cromwell Hotel on the Las Vegas Strip. Dramatic outdoor spaces overlook acres of green grass, tennis and pickle ball courts and the large “pool pavilion” areas.  The new family and lap pools feature views of the Las Vegas Strip and air conditioned cabanas.


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