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Breaking ground in Reno, the Kimpton hotel is slated to open in 2025.

 

Las Vegas-based CAI investments has chosen the Biggest Little City for its next property investment. With properties in other states like Arizona and Florida, CAI is also working on two big projects in the downtown core of Reno. 

 

CAI is also renovating the former Harrah’s Reno hotel-casino into a mixed-use residential and commercial project that will later be known as the Reno City Center. The project already has Clear Capital promised as its first major office tenant and just opened a new Starbucks. Construction continues to move forward and the first residential units should be open sometime this year. 

 

“I mean, Las Vegas doesn’t have a Kimpton,” CAI CEO Chris

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Source: Dickson Realty

Published on February 22, 2022 by Beau Keenan

The economy in Reno and Sparks has grown significantly over the last decade, and it’s had a significant impact on the people, businesses, jobs, and communities in the greater Northern Nevada region. And while this growth has benefited the economy with robust, evolving industries and greater personal wealth, it has also raised critical questions about city infrastructure, workforce turnover, and housing affordability.

These are all questions Dickson Realty addressed during its annual Economic Summit, where Brian Bonnenfant, the Project Manager for the Center for RegionalStudies at the University of Nevada, served as one of the keynote speakers. With his in-depth knowledge,

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In 2021, the team at Luxury Reno Homes produced top results in Reno-Tahoe luxury real estate.

Working together as one, Brooke Sullivan, Monica Gore, and Heather Neal bring more than 35 years of diverse luxury sales experience to the table. Not only do you get three agents for the price of one, but they offer a database of 10,000 qualified clients that are looking to buy.

In each neighborhood that they represent, they have represented more transactions than any other agent on both buyer and seller sides. With a strong list of qualified buyers, they can make deals happen oftentime before properties even hit the market.

Dickson Realty has awarded Luxury Reno Homes as the Number One Top Producing Team in 2021.

 

The Club at ArrowCreek

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Thinking of relocating to Reno-Tahoe? We don’t blame you. Northern Nevada is arguably one of the best places to stake your claim in the great 50 states. As one of the fastest growing states in the nation, Nevada has so much to offer and we compiled a list of our favorite fun facts to know about the Reno-Tahoe region.

1) Research your neighborhoods. Whatever you’re in the market for, Reno-Tahoe has it all when it comes to living options. Enjoy the hustle and bustle of city life? Or perhaps looking for a quiet refuge in the forest? Each neighborhood in the area holds its unique charms.

2) Traffic doesn’t (mostly) exist. Rush hour in Northern Nevada mostly revolves around ski or beach traffic after an epic powder day or one of many cloudless summer

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Investing in property is one of the most lucrative endeavors you can delve into if you do it right. Tax rules abound for investors when it comes to selling off property, but there is a popular tool to help maximize profits and avoid capital gains tax. A 1031 exchange can do just that is one of the best bets for building foundational real estate wealth.

 

What is a 1031 exchange?

A 1031 exchange gets its name from Section 1031 of the U.S. Internal Revenue Code, which allows an investor to avoid paying capital gains taxes on the sale of an investment property, as long the proceeds are reinvested within certain time limits in a property or properties of equal or greater value. In short, it’s a tax-deferring transaction that can be used in just about

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Nevada is leading the charge across the nation for payroll growth as the United States economy begins to recover from the COVID-19 pandemic. The biggest resurgence nationwide, the Silver State has posted a year-over-year growth of just under 30% according to an analysis by insurance tech company Huckleberry.

Growth in Nevada was double the rate of second-place Maryland (15%) and more than three times the growth of third-place North Carolina (8%).

Payroll growth is defined as the increases in average wage and salaries, and a factor typically considered to be a good indicator for recovery and business confidence. Nevada also jumped up its insurance policy growth by a whopping 165%.

“Nevada had the biggest bounce we’re seeing in terms of

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The founders of Dickson Realty envisioned a symbiotic relationship with the community. As our region has grown, Dickson Realty has been a proud partner in the challenge to improve the overall quality of life for everyone. Our passionate commitment to our community is reflected in service.

Over 325 owners, agents and employees are dedicated to giving back to the neighborhoods we helped to build. We support communities that serve you, plain and simple.

In the coming months, there will be additional phases and opportunities rolling out with the Dickson Community Fund, including:

  •          a page on the website with great statistics and information about the Fund and its purpose
  •          a form for the public and our clients to contribute
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Winter Greetings from the Sullivan-Wonhof-Gore Luxury Real Estate Team! Everywhere you look, you see Reno bursting with growth. While it's certainly an exciting time for our region, our housing market has seen a distinct shift in supply and demand. We are currently experiencing an all-time low for inventory, which makes for an appealing time to take advantage of this Seller's Market. Join us for a quick read as we share the latest market report, industry updates, and neighborhood listings.

The Year-End 2019 Luxury Market Report just dropped. We saw positive momentum in all categories; notably, the Average Days on Market saw a significant decrease of nearly 14% with 170 days in 2019. To read the report in its entirety, please click here. 

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Photo Courtesy of Van Woert Bigotti Architects

Parents of middle schoolers rejoice! The opening of the new Marce Herz Middle School (MHMS) will be a huge boon for our community.

Students from the South Reno neighborhoods of ArrowCreek, Montreux, Saddlehorn, Fieldcreek, Mount Rose, Galena Forest and St. James Estates currently have to make the trek 10+ miles to Pine Middle School, which is located near Meadowood Mall off Neil Road. With the first bell at 7:20am, those students taking district transportation often have to hop on the bus as early as 6:30am. In the winter months, this means waiting for the bus before the sun even comes up.  

When MHMS opens this August 2020, it’ll be in a much better centralized location. Situated at 13455 Thomas

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Article courtesy of guest blog writer Chris Galli with Dickson Realty.

Did you know that Nevada is home to more ghost towns than actual populated towns? With more than 600 ghost towns scattered through the Silver State, there are many places where you can explore the vestiges of history. Here are four ghost towns that are less than a day’s drive from Reno:

Photographer: Sydney Martinez/Travel Nevada

Ghost Towns: Berlin Ghost Town

Preserved by the state of Nevada, Berlin gives visitors a peek into what it was like to live in a turn-of-the-20th-century mining camp. A self-guided tour features signs with information about the dozen remaining buildings as well as Berlin’s history. Visitors can see a 30-stamp mill where ore was processed and an

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