Throughout the year NVSAA hosts dinners featuring current issues facing our industry and with speakers who discuss topics which benefit members and non-members. NVSAA has an extensive calendar of activities, meetings and social gatherings which are designed to provide members an opportunity to build business and personal relationships, showcasing their company's products and services. Most of all, NVSAA just wants you to have fun!!
Some examples of NVSAA social events are:
Record-setting tourism and the strongest convention attendance in several years are driving employment growth and creating apartment demand Las Vegas. Job growth is well above the national average, spurring developers to complete projects that were mothballed since the recession. In addition, multifamily permitting is trending more than 60 percent higher as builders rush to keep up with demand for rental space. While more than 1,400 apartments have been completed during the past year, vacancy fell sharply and concession activity nearly halted on well-located properties near employment hubs. The leisure and hospitality sector is providing the biggest job gains in the economy, although more corporations are relocating to the metro due to its position as a travel destination and the lack of a state income tax. The new workers hired by these companies are choosing to rent in prime areas to the southwest of the city, close to shopping centers, freeways and the Strip. Single-family housing costs in these areas are above the metro average, spurring strong rental growth and pushing vacancy down. Tightening operations will lift rents up 3.4 percent this year, more than 100 basis points above inflation.
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I think it's fascinating how consumer-to-business connections change over time ... and I'm always paying attention.
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