Report: Apartment rent slowly rising in Las Vegas; vacancies expected to increase in coming months

Wednesday, August 12th, 2020, 11:30pm

LAS VEGAS (KLAS) — Apartment rent in Las Vegas is bouncing back from a low earlier this year, according to a report from the Nevada State Apartment Association (NVSAA).

The report notes while rent in Southern Nevada steadily increased from 2015-2019, the current increase is moving far slower.

Regardless of the slowdown, the $1,100 average rent during the second quarter of 2020 is still slightly higher than a year ago, when it was $1,080. It notes this number is also 5% higher than the pre-recession peak.

The average vacancy rate is close to 7% and up 0.4% from last year. The association says this is still down from almost 11% at the height of the Great Recession.

NVSAA expects the vacancy numbers to change later this year as the eviction moratorium expires next month. They also anticipate a slowdown in rent growth and apartment construction during that timeframe. ... Read More

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Submitted by 8NewsNOWStaff

Wednesday, August 12th, 2020, 10:53pm

LAS VEGAS (KLAS) — As convention cancellations continue in Las Vegas over COVID-19 concerns, the economic impact spans across multiple industries, affecting businesses many wouldn’t imagine.

“I shoot 350 events a year,” Convention and event photographer Tonya Harvey told 8 News Now of her normal workload before the pandemic. “And I have photographed 9 events in 5 months.”

Last week, The Specialty Equipment Market Association, or SEMA, announced the cancellation of its November 2020 event, which is the latest in a long list of recent changes.

“I don’t think people really realize the trickle down effect of an event like SEMA being cancelled,” Michele Rothstein, CEO of decorating company Balloons with a Twist said.

This hasn’t only been a loss for hotels and restaurants, it has devastated photographers and decorators like Rothstein. ... Read More

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Wednesday, August 12th, 2020, 10:44pm

HARRISON, Ark. – A billboard in Harrison, Arkansas has grabbed the attention of thousands of people over the past few years – and is now the subject of a petition for its removal.

It’s an advertisement for White Pride Radio and ALT-Right TV’s website. Recently a video went viral showing a man carrying a Black Lives Matter sign and the reactions he received from many people who passed by him. Now there’s a growing push for the billboard to come down.

The sign has been up for about 7 years, but a new petition with more than 8,400 signatures is calling for it to be removed.

“It’s an entrance to our town, the first thing people see when they drive in is this billboard,” an attorney representing Harrison Task Force on Race Relations, Kelsey Bardwell said. “And that’s not the message our community wants to convey.”

The “White Pride” billboard is located along Highway 65 outside of Harrison, Arkansas... Read More

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Wednesday, August 12th, 2020, 10:37pm

LAS VEGAS (KLAS) — Clark County and five cities have collaborated on a list of resources for working parents ahead of the first day of school. The resources include everything from help with technology to child care.

The following is a list of resources to help you plan before Aug. 24 arrives.

Technology... Read More

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Wednesday, August 12th, 2020, 9:16pm

INDIAN SPRINGS, Nev. (KLAS) — A popular burger chain is making its way back into the Silver State. Big Boy Restaurants has announced plans to open a restaurant in Indian Springs.

Big Boy is partnering with Terrible Herbst, which already has a strong hold in southern Nevada. Terrible Herbst operates more than 200 properties across the Southwestern U.S.

This is part of a much larger global expansion for Big Boy, as the restaurant just recently expanded into Thailand and plans to open more burger joints in Southwest Asia.

In case you were upset that this Big Boy isn’t going to be near where you live, the company has plans to expand all across the state.

“We are proud to have partnered with such a strong brand in Terrible Herbst and excited for them join us in expanding the brand not only in Indian Springs, but across Nevada,” said Tamer Afr — Big Boy CEO. ... Read More

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Wednesday, August 12th, 2020, 8:43pm

LAS VEGAS (KLAS) — In the northwest part of the valley, two new businesses are bringing yummy treats to the area. Cereal Killerz Kitchen and Blooming Buns Bakehouse both have something sweet and good to eat.

Cereal Killerz Kitchen is a black owned business that offers more than 100 kinds of cereal, 10 different milks, and many toppings. The cereals are also combined into iced coffees and milkshakes.

You can visit Cereal Killerz Kitchen Monday through Friday starting at 10 a.m.

Blooming Buns Bakehouse took over the spot for the former Retro Bakery. Many have raved about their cookie buns and brionuts, which is a mix between donuts with a brioche base.

Blooming Buns Bakehous also opens daily at 10 a.m... Read More

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Wednesday, August 12th, 2020, 8:03pm

HENDERSON, Nev. – Henderson Police released more details Wednesday about an officer-involved shooting from earlier this month. The incident happened on Aug. 1 in the 400 block of Box Elder Way in Henderson.

In a video posted on the Henderson Police YouTube channel, the video starts with an introduction for Henderson Police Captain Kirk Moore, who warned of possible explicit language while listening to and watching the video. Then Mike Dennings, the Support Operations Bureau Deputy Chief of Police, started describing the location where the incident took place before a 911 call started to play.

On the call, you can hear emergency dispatch taking a call about a man who had collapsed.

The caller said the man was combative, but he was in need of medical attention. She also told the dispatcher that the man was also armed with a butcher’s knife... Read More

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