Las Vegas Commercial Real Estate

Federal banking regulators have agreed to extend the 30-day comment period on two proposed guidances pertaining to commercial real estate lending.
The proposals pertain to final rules for banks that deal with high concentrations of real estate loans. Proposed regulations would require these types of banks to maintain “heightened risk management” programs for […]

Business Bank of Nevada announced that it has launched a new Corporate Lending Group to service a growing number of larger companies looking for alternatives to banking with larger financial institutions.
The Bank’s new Corporate Lending Group will handle both the credit and depository needs of larger, more sophisticated companies that require tailor-made banking […]

Fed Chairman Bernanke cautioned community banks to find ways to improve how they manage their potential risk. He believes that banks have grown increasingly reliant on commercial real estate lending and have eased many standards and safeguards when approving these types of loan products. Thus, opening themselves up to potential dangers. Bernanke […]

A recent Deutsche Bank study found that a lack of qualified labor in LV will take a toll on new casinos and high-rise condos being built. The study claims that unless the construction talent pool grows signficantly than the estimate $10-$15B in new construction projects over the next 5 years will have […]

LV has been billed as the next sexy center of condo living. A 21-st century Manhattan or Miami. However, the increasing costs associated with building materials, a shortage of skilled labor, and strong competition from deep-pocketed casinos are halting many developers in their tracks.
Material prices in general are causing many to […]