Dear Fellow Members:

Welcome to 2018! I am excited for the opportunity to lead our great NAIOP chapter this year and look forward to working with so many amazing people within our organization, many who are great friends and colleagues that I have known for decades. It is an exciting time to be in commercial real estate in Southern Nevada!

Our industry has great momentum headed into 2018. Las Vegas stands to benefit from more than $10 billion in the development pipeline currently and we project this number to grow higher this year. The Raiders stadium, the Las Vegas Convention Center expansion and a number of new resort developments will fuel our economy and provide confidence to expand throughout our industry. This time around, however, the irrational exuberance seems to be kept in check by responsible lending and adherence to realistic measures of market demand.

NAIOP Southern Nevada continues to shape the commercial real estate industry while protecting our members’ companies and commercial property interests as a watchdog. Collectively, the NAIOP voice advocates positions and policies that benefit our local economy and improve the business climate and quality of life in our community. As we look forward, NAIOP will continue advancing our mission of responsible, sustainable development, creating jobs and benefiting the Southern Nevada economy.

As we embark on a new year, I’d like to acknowledge some people who have contributed to our organization’s success this past year, helping to set the stage for me to take the helm.

First and foremost, my thanks to Jay Heller for his unwavering commitment and leadership of our chapter in 2017. Under Jay’s presidential leadership, his accomplishments have provided our chapter with positive and lasting benefits. Thank you Jay for your service!

As we move into 2018, please welcome our new Board members: Reed Gottesman, Matt Hoyt and David Strickland. Returning Board members include Jay Heller, Jeff LaPour, Jennifer Levine, Rod Martin, Mike Shohet, Julie Cleaver, Shawn Danoski, George Garcia, Adam Malan, Jennifer Turchin and Jody Walker Belsick.

A special thank you is also due to NAIOP’s outgoing board members: John Restrepo, Brendan Egan, and Jeff Foster. They were terrific Board members and their contributions to our chapter will be evident for years to come.

I also look forward to working with our 2018 Committee Chairs: Sabrina Borghoff, Brett Bottenberg, Curt Carlson, George Garcia, Courtney Murphy Goffstein, Brendan Graves, Jay Heller, Matt Hoyt, Hayim Mizrachi, Steve Neiger, Mike Shohet, David Strickland, Chris Teachman and Zac Zaher.

As we begin the new year under a brand new tax code, we anticipate benefits accruing to the Southern Nevada market. Demand for no-tax states like ours should help attract new companies and residents to our community. An increase in corporate profits may help industries and companies that choose to expand their businesses in Southern Nevada, while at the same time choose to hold more conferences and send additional people to conventions held here. Responsible growth in population, company profits, and visitors’ volume bodes well for the commercial real estate industry in Southern Nevada.

I am particularly excited about our Government Affairs committee this year. Under the leadership of Mike Shohet, George Garcia and Jay Heller, we can expect excellent representation on proposed policies, laws and ordinances at both the local and state levels. At the state level, the team will be following potential bill drafts for next year’s session. We will pay attention to any legislation impacting our industry and plan to take a proactive role in crafting new legislation. We also intend to work in cooperation with our Northern Nevada Chapter on State issues impacting our industry. At the local level, we will focus on the Planning, Building and Public Works departments to identify issues of concern to our membership. The firm of Greenberg Traurig continues to be an outstanding strategic partner in all our Government Affairs efforts.

As the voice for the commercial real estate industry, we expect to follow a number of important issues this year. A few items we are tracking include the study of business license fees, zoning application process efficiency, key tax reforms, public transportation enhancements and workforce education. We are also keeping abreast of the Bureau of Land Management’s resource management plan to ensure it incorporates NAIOP’s concern of maintaining an adequate supply of developable land in Southern Nevada to remain competitive with other markets and continue to grow and diversify the Southern Nevada economy with a balanced and managed approach.

In 2017, the UNLV Lee Business School welcomed Vivek Sah, PhD, as the new Director for the LIED Institute for Real Estate Studies. It has been a pleasure to get to know Dr. Sah over the past year and I am very encouraged by his vision for LIED Institute. I believe he will see much success in growing the real estate program at UNLV. NAIOP looks forward to working more closely with Dr. Sah and the UNLV students, to strengthen our relationship with UNLV and to help expose this great industry to the next generation.

Last year we renamed our UNLV scholarship fund to the “NAIOP Tim Snow Memorial UNLV Scholarship” in memory of our colleague who passed away in September 2016.  This year, we will further support the LIED Institute with a NAIOP Scholarship Fund created to provide financial support for a student who is a Real Estate major or minor in the Lee Business School at UNLV.

The 2018 Spotlight Awards is on Saturday, February 24th. The Merit Award Winners and Nominees have been announced. You won’t want to miss this signature event with Masquerade cocktail/evening attire encouraged. Click here for event details, registration and invitation.  Buy your tables today!

Finally, I’d like to thank our 2018 President’s Circle Sponsors and Platinum Sponsor, Cox Communications. If you would like more information or are considering or exploring the benefits of our Annual Sponsorship, please contact me or click here to see the sponsorship package.

Wishing you a very happy, healthy and prosperous 2018.

 

 

Mike Mixer
Chapter President
NAIOP Southern Nevada

 

The 2018 Forecast event was very successful with over 350 registered to attend.  The program and keynote presentation are provided below.

Name: David Jewkes
Title: Managing Director, Brokerage Operations
Company: Avison Young
# of years in the industry: 25+

1.    I am an NAIOP member because:
For a quality connection with other industry professionals and some quality programs.

2.    One success story due to NAIOP Membership:
I believe part of our success is the relationships that have been developed within the industry through our team’s various involvement in NAIOP, not only as in being members but along with the networking opportunities with the lunches and other activities that are schedule throughout the year.

3.    Name one thing that people do NOT know about you:
My first career was in musical theater; acting and singing.  I sang throughout my college years and attended the School of Performing Arts in New York for a summer.

4.    What is your favorite hobby?
I enjoy golfing and spending time with my family.  My wife and I are avid concert goers, we have seen all our favorite musicians at one time or another.  The only sports I enjoy watching are the Dodgers and BYU Cougars.

The Developing Leaders Institute, DLI held its third class on December 11th.  The Market Analysis & Application class focused on how to analyze a market—its product, relative location, supply and demand—and how those factors affect the viability of a potential project or real estate transaction. John Restrepo, Principal of RCG Economics started off the class by detailing the analysis process relative to the three basic scenarios that come into play: a site in search of a use, a use in search of a site, and looking at real estate as an investment opportunity.

While Mr. Restrepo helped the class to understand the macro-economic trends that can affect a particular market, Dan Doherty, Executive Vice President and Industrial Broker at Colliers International, focused on the micro-economic factors that brokers deal with on a daily basis.

Both Mr. Restrepo and Mr. Doherty are experts in their fields and used multiple real-life examples to illustrate the advantages of fully understanding your market.

Thomas & Mack Development Group sponsored December’s class and was represented by David Strickland.

DLI Class Member
Samantha Coronado, Commercial Sales Executive
First American Title Insurance Company
Mobile: 702.420.9253 | Office: 702.251.5175 | scoronado@firstam.com

The 21st Annual Bella Notte Spotlight Awards are just around the corner, February 24, 2018 at the Green Valley Ranch Resort and Casino. The deadline for project and industry submittals is January 10, 2018 by 5:00pm. Sponsorship opportunities are selling quickly, so act fast!  CLICK HERE for event details, sponsorships and registration form.

The Annual 2018 Golf Tournament planning is underway!  Save-the-date of Thursday, May 10th at Spanish Trail Country Club. This year, there are 9 holes with 216 players which allows greater sponsorship opportunities.  Sponsorships are selling fast and so are teams, so take advantage today!

Contact either Brett Bottenberg the Committee Chair at bbottenberg@mcgin.com or Johna Savage at johna@credasnv.org for more information.

Click here for event details, sponsorship opportunities and player registration forms.

Happy New Year! 2017 was an incredible year of giving and volunteering for NAIOP. Thank you to everyone who made our events and drives a huge success to help the less fortunate. We look forward to 2018 giving.

See the below list of 2017 activities and drives.  CLICK HERE to check out our event photos!

Ronald McDonald House
NAIOP members assist once a year to drive to different Smiths grocery stores in the valley collecting food. After all of the pick-ups, the committee helps to stock their pantry.

Street Teens
A food & supplies drive is held at NAIOP breakfast meeting every year.  These directly help the teens living on the streets in Southern Nevada.

Kiwanis International – Plastic Bag Drive
In partnership with the Sustainability Committee in 2017, a drive for used grocery bags was held for Kiwanis International. They turned the bags into ‘plarn’ (plastic yarn) and transformed into crocheted sleeping mats then donated to homeless teens.

‘Knot Tied Down’ Clothing Drive for Communities in Schools
Over a few months at the breakfast meetings, the membership collects gently used business attire and ties for Communities In Schools. The donations provide underprivileged high school students with business attire for job interviews and work.

Candlelighters 5K
Once a year, Team NAIOP joins in a 5K run to help battle children’s cancer. The group dresses up as superheroes to show their support to battle this disease.

Helping Hands of Vegas Valley
Annually, the NAIOP membership steps up big donating nonperishable food and supplies to Helping Hands of Vegas Valley. Donations benefit elderly seniors who are on a fixed income who often choose between buying food and paying bills or for medication.

Dragon Boat Race
NAIOP participated in the Dragon Boat Festival coming in 2nd in their heat! Proceeds raised benefited The Breast Cancer Center at Summerlin Hospital, Children’s Cancer Center of Summerlin, Pueblo Medical Imaging and the Blind Center of Nevada.

Howard Hollingsworth Elementary School Supply Drive
Every fall before school, the membership donates school supplies to the elementary school for the upcoming year. A few NAIOP members spoke to the school on their Career Day teaching what we do for a living.

Vegas Youth Ambassadors
The committee and members assisted Vegas Youth Ambassadors along with Communities in Schools with their annual Thanksgiving Angel Basket Drive. They collected, donated and sorted food, decorated box baskets and delivered the donations to 30 families. Families received several meals including a complete turkey and Thanksgiving meal. This is such a great service opportunity for the committee & families. The kids love the basket decorating!

Holiday Toy Drive – CASA Foundation of Las Vegas
Every December, the Community Service Committee holds a toy drive at the Annual Holiday Lunch. In 2017, toys were collected for the CASA Foundation of Las Vegas who help foster children in Nevada. The committee helped to collect, deliver, sort & wrap the toys. Each year, CASA puts on an amazing winter wonderland holiday party for the kids and we were happy to be involved. We look forward to volunteering at this event next year.

Community Service Committee Chair
Chris Teachman, LEE & SAKAHARA ARCHITECTS, INC.
702-270-6600 | cteachman@leesaklv.com| www.leesak.com

I never guess. It is a capital mistake to theorize before one has data. Insensibly one begins to twist facts to suit theories, instead of theories to suit facts. – Sir Arthur Conan Doyle, Author of Sherlock Holmes stories The ability to gather and interpret market data is paramount to making intelligent business decisions. In […]

Class 2 – Site Selection and Development

On November 13th, the second DLI Class of 2018 convened at the Cushman & Wakefield office where principal board member Jeff LaPour held an engaging discussion on Site Selection and Development. LaPour has successfully navigated complicated development projects in CO, AZ, CA, and of course Las Vegas, NV for the past 20 years. Read more

Thanks to everyone who helped out at our Annual Thanksgiving Angel Basket food drive and basket assembly event on November 18th, in partnership with Vegas Youth Ambassadors and Communities in Schools. Adults and kids alike sorted food and decorated baskets which were then delivered to 30 families in need. The baskets also included extra meals to ensure these families had meals all through the holiday weekend. THANK YOU NAIOP members and their families who came out! Read more

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