Save the date for the 23rd Annual 2020 Spotlight Awards Fire & Ice on Saturday, March 28th, 2020 at the Red Rock Casino, Resort & Spa.

You are invited to submit your Intent to Enter for Project Awards and Industry Nominations by Friday, November 1, 2019. This year’s event offers 10 Industry and 17 Project Award Categories for Nomination.

Click here for Industry Awards Categories and to submit Industry Nominations.
Click here for Project Category Descriptions and to complete your Intent to Enter for Project Awards.
Click here to sign in or create an account to complete your Intent to Enter for Project Awards. (if you’ve entered previously, log out and back in to start the new entry).
Click here for sponsorship opportunities.

Back by popular demand, we will host 2 Applicant Submittal Workshops in December to offer tips and tricks on making your final application the best it can be for the judging process. The workshops will be taught by members of the Spotlight Committee to offer feedback and examples of previous entries so that you are best prepared to submit your own. Workshop dates are December 4th from 3-5 pm at Alternative Management and December 11th 9-11 am at Sun Commercial Real Estate – more details to follow.

Click here to see the 2019 Spotlight Award Winners

Awards Chair
Cassie Catania-Hsu
Sun Commercial Real Estate, Inc.
702-968-7324 | cassie@suncommercialre.com

Event Chair
Ashley Jager, CPSM
AEC Industry Pro
702-680-5387 | ajager@aecindustrypro.com

 

Matthew Hoyt of CommCap Advisors has been named a recipient of the National NAIOP 2019 Developing Leaders Award, honoring rising industry professionals throughout the nation. The selection was extremely competitive among the talented and successful Developing Leaders. NAIOP selected five young professionals nationally to receive this prestigious award and will honor the winners at the CRE.Converge 2019 in Los Angeles on October 15, 2019 during the keynote breakfast general session.

Hoyt has been an active member of NAIOP Southern Nevada since 2008 and board member since 2018. He has been involved on numerous committees over the years, including Chair of the Membership/Sponsorship and DLI, committee member on the Community Service and Government Affairs. Hoyt credits chairing the committees to helping his  leadership development.  Hoyt was named the NAIOP Southern Nevada Associate Member of the Year in 2018 and NAIOP Southern Nevada Developing Leader of the Year in 2016.

Established in 2006, the Developing Leaders Award has been given to rising industry professionals from across NAIOP’s chapter network in all sectors of commercial real estate. The annual award honors up-and-coming professionals under the age of 35 for their extraordinary professional accomplishments, strong leadership and community involvement. Finalists are selected by a diverse group of NAIOP board members and Hoyt represents the Southern Nevada chapter.

 

Cassie Catania-Hsu
President | Broker
Sun Commercial Real Estate, Inc.
702-968-7324 | cassie@suncommercialre.com | www.SunCommercialRE.com

 

NAIOP’s Developing Leaders Institute (DLI) committee is pleased to announce its Class of 2020. DLI is a 12-month curriculum of leadership and real estate training taught by the leading professionals from the Southern Nevada real estate and development industry. The interest in this program was phenomenal and the selection process was extremely competitive. Included in this year’s program is a group of 21 young professionals who have distinguished themselves as future leaders of the industry.

DLI Supporter level sponsorships are welcomed at $500. If you’d like to become a supporter, please contact me or click here for the commitment form.

Click here to see the class and current sponsors.  Please make sure to congratulate our newest class as you come to know them!

  • Marina Arriola, Logic Commercial Real Estate
  • David Bivins, Logic Commercial Real Estate
  • Christy Bojda, GRN Vision
  • Gitana Cafasso, Burke Construction Group, Inc.
  • Emily Dobbins, Nigro Construction, Inc.
  • Thomas Godbout, First Savings Bank
  • Tom Hanrahan, MCA Realty Inc.
  • Dylan Heroy, Sun Commercial Real Estate, Inc.
  • Kerrie Kramer, Fennemore Craig
  • Brendan Leake, MDL Group
  • Jordan Leavitt, Levitt Insurance Agency
  • Nora Murphy, Newmark Knight Frank
  • Matthew Patros, MDL Group
  • Alexandrea (Alex) Rivera, Grand Canyon Development Partners
  • Armand (AJ) Rodrigues, Geotechnical & Environmental Services Inc.
  • Elizabeth Sant, Brand Real Estate
  • Anna Saravia, Harsch Investment Properties
  • Gabriel Skerlich, Colliers International
  • Christina Stanfill, WORTHGROUP Architects & Designers
  • Travis Tartamella, Wells Fargo Bank
  • Michael Willmore, Colliers International

DLI Committee Chair
Samantha Flaherty
Fidelity National Title Group | 602.931.9134 | samantha.flaherty@fnf.com

NAIOP Southern Nevada’s community project “Getting Dirty for a Cause” is now complete. Last month, the “NAIOP Neighborhood” was dedicated by St. Jude’s Executive Director Christina Vela.

The year-long project was divided into two phases, with each phase involving a complete renovation of two 1,200-square-foot cottages, costing about $40,000 per phase. Renovations included completely remodeling each cottage, from new roofs to floors and new appliances.

NAIOP received sizable donations for the project with St. Jude’s Ranch for Children in renovating the four cottages at its Boulder City campus. Colliers International-Las Vegas’ charitable arm Links for Life donated $20,000 and Martin-Harris Construction donated $5,000. Donations were also received by NAIOP members and friends in 2018 and 2019.

NAIOP members AJB General Contractor, The Korte Company, McCarthy Building Companies and R&O Construction all volunteered to serve as construction superintendents for each cottage renovation. Among other duties, they helped volunteers learn new skills as well as work to maintain a safe work site for all volunteers, and there were many. These four companies made this project happen with their time, labor along with their subcontractors labor and materials.

St. Jude’s Ranch for Children is a registered 501(c)(3) nonprofit that has operated in Southern Nevada for more than 52 years, with a mission of rescuing abused, abandoned and neglected children and providing a safe and nurturing transitional home for them. St. Jude’s Ranch serves about 500 local children per year.

The cottages will be used for transitional housing for St. Jude clients who are aging out of foster care as well as St. Jude employees and snowbird volunteers.

“We are very grateful for the support of our community partners; they are critical to helping us carry out our mission in Southern Nevada,” said Christina Vela, St. Jude’s Ranch for Children’s executive director. “We are humbled by NAIOP’s commitment to help us provide hope and healing for the children and young people we serve.”

Click here for the Close Out Celebration Slide Show

Click here for the Chanel 3 Interview

Click here for photos!

Probably the same guy who’s not even out of bed yet and already he can’t wait to get home from work tomorrow.  He’s been written up for being late five times in one week and says, “Great!  That means it’s Friday.”  He thinks, “Work never killed anyone, but why take the chance?”  Chances are, he won’t get far in life.

The idea that if you do what you love, you’ll never work a day in your life is mostly true, but I love (most of) what I do and yet, many days still feel a lot like work.  I’m fine with that, because it’s also true that opportunity is dressed in overalls and looks like work.

Click here for more cartoons

Thinking about joining NAIOP?  Now is the time in October!

NAIOP is now offering 15 months of membership for the price of 12! Get the last three months of 2019 for free with a new 2020 NAIOP Membership!

What do our members value most about NAIOP? Here’s our Top Five reasons.

  1. Members Only Events– Our Southern Nevada Chapter does 2 Members Only mixers per year. If you enjoy Oktoberfest, Bus Tour, Spotlight Awards, Bowling Tournament, Golf Tournament, or Developing Leaders mixers, you’ll love our member mixers. This past year we held a Members Only mixer at the Shelby museum and the other at the brand new Las Vegas Ballpark where we enjoyed the party deck and took in the game on opening week.
  2. Education– NAIOP Southern Nevada provides some of the best CRE educational opportunities in our market. Open dialogue discussions between developers, brokers, attorneys, bankers, contractors, architects, and more dig into detail about what impacts CRE, our market, and your business. Our education events are free and for Members Only.
  3. Sponsorships– Our sponsors make for fun, memorable and insightful events. Sponsors are acknowledged at events, afforded opportunities to speak at the monthly breakfast meetings, and are invited on special market tours. Past sponsor tours include various construction projects such as Raiders Stadium, Las Vegas Ballpark, T-Mobile Arena, City National Arena, and more. We love our sponsors, but to be one, you must first become a NAIOP member.
  4. Committees– Attending monthly breakfast meetings is great but not enough to build strong industry relationships. When you join one of the many NAIOP committees, you’ll gain acumen while working side-by-side with fellow members. This is where you establish true work relationships and grow your business in the process. Many of our members, including our Board of Directors, make a conscious effort to do business with NAIOP members and supporters. In short, NAIOP works.
  5. Government Affairs– Finally, one of the most impactful reasons that members love NAIOP is advocacy. NAIOP Southern Nevada takes an active role in educating government entities and forming professional relationships with elected officials at the local, county and state levels. Any legislation that impacts building, licensing, taxes, parking, you name it, NAIOP lobbies on your behalf with a strong and respected presence.

Take this opportunity to become a member during the month of October and receive 3 months free with our 15 for 12 promotion, and get involved! You’ll expand your reach, grow your business and realize unexpected benefits along the way.

 

Membership Committee Chair
Matthew Hoyt
CommCap Advisors
Office: 702.792.7558
mhoyt@commcapnv.com

Dear Fellow Members:

It’s hard to believe we’re in the final few months of 2019. As I look back on all NAIOP has accomplished this year, I couldn’t be prouder of this organization. We truly have the best members and volunteers who work hard every day to deliver the industry’s top programs and events, and we’ve got quite the line-up to finish out the final quarter.

The community service committee has been hard at work helping to ensure we are giving back to the place we all call home. Thank you to everyone who donated school supplies at the August monthly breakfast. The students and teachers at Howard E. Hollingsworth Elementary School were very grateful for all your generous contributions. The committee will also be hosting a food and supply drive at the October Monthly Breakfast benefiting Helping Hands of Vegas Valley. View the donation list to help support low-income seniors in our community.

A huge congratulations are in order for the twenty-one members who were selected to be part of the Developing Leaders Institute 2020 Class. Acceptance into this program is a major accomplishment and we’re all excited to watch these young leaders take their careers to the next level. We have no doubt they will make an impact not only within our organization, but throughout the entire community.

NAIOP’s third quarter events are sure to bring the entertainment. Oktoberfest, NAIOP’s social event of the year, will take place Thursday, Oct. 3 at Hofbrauhaus Las Vegas. This is a great opportunity to bring a guest and introduce them to our organization. As is tradition, expectations are high for this year’s costume contest. On Thursday, Nov. 7, the Annual Bus Tour will be “Flying High” at the Veil Pavilion inside the Silverton Hotel Casino. The three-hour bus tour has a dynamic line-up of office, industrial and retail properties throughout the valley. You won’t want to miss this NAIOP member favorite. If you aren’t registered to attend, you are welcome to come and pay at the door.

As we look ahead to 2020, the election committee has assembled a slate of candidates for eight open positions on the NAIOP Board of Directors. An email will be sent out in the upcoming weeks with ballot information. Please take the time to cast your votes and let us know if you have any questions.

Finally, I’d like to thank all our members, Board of Directors and sponsors for volunteering their time and financial support to our Chapter. Your daily contributions make NAIOP one of the leading organizations in Southern Nevada.

 

 

 

 

 

 

Shawn Danoski
Chapter President
NAIOP Southern Nevada

 

Click here for the podcast.

We are back on site at the NAIOP Southern Nevada June Program. The title was So Much Going On How To Keep Track – a Submarket Update

Below is the link to the webpage for the episode. You can listen to the show directly from the website. Just hit the orange play button. You can also find the podcast on Apple Podcasts by searching for “Takeaways”.  Takeaways Podcast – E2:E27- NAIOP June Program: So Much Going On How To Keep Track

Shawn Danoski and I sat down to discuss our Takeaways from this program.

The moderator was Donny Perach – Vice President, Valtus Capital Group

The panelists included:

  • Gina Gavan – Chief Innovation Officer Director, Economic & Business Development
    City of North Las Vegas
  • Ken Chapa – Interim Director – Office of Economic Development & Tourism
    City of Henderson
  • Bill Arent – Director – Economic & Urban Development
    City of Las Vegas

In 2008, Charles Prince was named by Fortune magazine as one of the economic leaders who didn’t see the financial crisis coming. He was CEO of Citigroup, which at the time, was a major provider of financing for leveraged buyouts. He infamously told The Financial Times, “as long as the music is playing, you’ve got to get up and dance.” What a great quote to use to open this program. It not only sets the tone of all the activity in Southern Nevada today, but strikes the chords of irony, reminding us how deeply this community suffered just a few years ago.

These days it appears that Southern Nevada is in full recovery. There is a pipeline of activity ranging from catalyst projects, new hotels, infrastructure renovations to master-planning new communities to be developed 7-10 years from now. This was a robust program where the panelists not only talked about how much is going on now, but what is next!

What were some of our Takeaways?

  • What is driving all of the growth in each City?
  • How did each panelist answer when asked to share a “heard-it-at-NAIOP-first” announcement?
  • Where would each of the panelists invest $10 million in their respective Cities?

Experts say AI will change the world more than anything in history – including replacing about half of current jobs.  Those jobs predicted to be “safe” require the qualities that make us uniquely human such as social intelligence.  Hmmmmmm.  High IQ but low social intelligence…  Should we engineers be worried?

Click here for more cartoons

I was unsure what to expect this year at ICSC RECON. With the mounting number of retail closures and downsizings, it could have been pretty bleak or sheer panic. As it turned out – it looked like business as usual. The national guys were there as well as locals and mom and pops businesses. The seminars were overcrowded and the line at Starbucks was about a 20 minute wait. I was on the floor for about three minutes when I encountered a developer client and his posse from NYC who was running back and forth between appointments with new deals.

While the crowd was the same, the subject matter was a little different. I got caught up in a number of programs and sessions focused on integrating health and wellness into retail projects and conversely, retail components into health, wellness and medical projects. Healthcare’s delivery approach is perceived today more as a retail experience for consumers and is seeking to provide services in proximity to other consumer needs. There were also a couple of sessions on the impact of cannabis in the retail marketplace – which is not new to the Las Vegas Market.

Some of the other noteworthy and critical topics included:

  1. Get prepared for change. Owners need to think critically about the tenant mix and appropriately sized tenants. There needs to be a variety of goods and services offered that will keep customers coming back and staying longer on site. Walkable, mixed-use developments with office, medical or hospitality anchors provide a steady potential customer base. Combine uses on existing sites: live-work-play, medical-wellness, office-entertainment, etc.
  2. Think outside the box. Experiential retail was the buzzword for excitement in centers and as a driver for new customers. These tenants could be entertainment based, hospitality based, food based or could be a product that cannot be experienced on-line. Retailers and physical spaces need to be fresh and unique to attract and maintain customers. There were examples of stores changing their entire look every quarter to promote a new and exciting atmosphere and keep enticing customers back into the store. The tenants for Area 15 had a “hands-on” booth to experience their concept.
  3. Refresh. Re-size. Many nationals are rolling out smaller footprints for anchor stores. Powerful providers are working in smaller (more strategic) space – but they must effectively leverage the space to optimize the experience. Target has an urban plan of 30-45,000 SF on multiple levels. Large, big box users that are down-sizing are being replaced with store-within-a-store concepts and (smaller) specialty grocers are becoming popular anchors. Consumers want amenities like shop on-line and pick-up at store with an onsite “click/collect” pick-up zone.
  4. Consumer data can be a friend. Data collection and analysis is becoming more critical to fulfill the needs of the consumer and to appropriately respond to trends and the consumers’ desires. It’s an evolving market driven by change in consumers’ needs, wants and attitudes. “One week you’re in – the next week you’re out.”
  5. International flavor. There is interest from international companies to expand into US markets. This niche isn’t reserved for high-end consumers – think Aldi or other specialty food providers that international consumers are acquainted with and drive strong brand loyalty. On the apparel front, Uniqlo and Superdry are coming into the US market from opposite sides of the globe (and have multiple stores locally).

Overall, I got the same vibe of excitement crowd crush as previous years, saw deals being finalized all around me, heard deals being discussed and there wasn’t an empty seat in the CBRE mega booth.

Communications Committee Chair

Curt John Carlson, AIA, NCARB, ASID, LEED AP is a principal at SH ARCHITECTURE, a 22-year resident of Las Vegas and a dog rescuer.

Follow him at www.facebook.com/curt.j.carlson, www.curtjcarlson.com, www.instagram.com/curtjohncarlson/ or contact him at ccarlson@sh-architecture.com