Reno Real Estate Logic

I have a great report about Countrywide and how they are creating solutions to assist their customers nation wide.  Six weeks ago, I read a speech by Bernanke (Federal Reserve) that influenced me to test the system. In the speech, Bernanke was advising the lending institutions to work with borrowers that were facing the dreaded o8 [...]

The Herbst corporation which owns 16 casinos in the state including the Sands in Reno, Rail City in Sparks and the Gold Ranch in Verdi needs an infusion of about $800 million to keep things rolling and away from the bankruptcy court. The brothers-owners, Troy, Tim and Ed Herbst have been hit hard as we [...]

The future of North Lake Tahoe’s Biltmore looks more certain with the approval by the Gaming Commission of Heather Bacon to participate in the casino operations while her gaming license is being reviewed. This step will allow Bacon to begin managing the  “Escape to the Lake” a destination resort planned by Boulder Bay LLC, her families [...]

Better gear up! The Reno River Festival is scheduled for May 10. a four day kayaking event and a lot of people hit the Truckee River this weekend to start getting their wings back after a really long ski season. Lots of teams and lots of fun for the kayak enthusiasts, including Olympic and professional [...]

What does Sparks have that Reno doesn’t? The newest $30 million dollar sports facility that is opening today with the first pitch at 10:30 am. Located off Vista Blvd. outside of Wingfield Springs, the 140 acre site is considered the largest artificial turf project in the country. This is quite a park! With the focus [...]

We all know what a great place Reno-Sparks are to live in and once again the world is getting the best list in the Fortune Small Business magazine top 100 places to live and grow your business. We ranked 54th out of 100 metropolitan areas that were evaluated on lifestyle, business potential, recreation, health care [...]

We are going to see new bike paths linking downtown to all the great sights including the new baseball stadium. The city council approved the bike and pedestrian touring systems which will “link” the best sites and give easy access to the Truckee River compliments of Basin Properties which kicked in $50K to create the [...]

The city of Reno paid $500K to the prestigious urban design firm from San Francisco, Freedman, Tung & Bottomley. Yesterday,  Greg Tung presented the city with the new recommendations to create a new atmosphere and style to the city center.
The main focus was to build a boutique neighborhood along 3rd Street and across the rail [...]

Senator Harry Reid is quoted this month in R Magazine, that Nevada is the “Saudi Arabia of geothermal energy.” I thought this was ultra logical and I’m hoping that we actually pony up and start developing all renewable energy resources in our great state aggressively.
Here’s the facts: A megawatt of energy generated produces enough power to [...]

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