In The News: Lee Business School

A 2023 study conducted by the University of Nevada, Las Vegas showed that corporate investors own 14% of all single-family homes in the Las Vegas Valley and 25% of them in North Las Vegas.

A recent UNLV Lied Center for Real Estate report found the rate of notices of defaults for Clark County have been rising steadily for the past few years and nearly 1,290 NODs were filed in the county in the first six months of this year, up 28 percent from the same period last year.

The Las Vegas-area’s unemployment rate in July, 6 percent, was tied for third highest in the nation among the 50-plus metro areas with at least 1 million people, according to the U.S. Bureau of Labor Statistics.

Investigators found evidence indicating data was moved outside of Nevada’s state networks by “malicious actors” during a “sophisticated, ransomware-based” cyberattack, officials confirmed Wednesday.

Gov. Joe Lombardo’s office has said there is no evidence yet that personal information was compromised in the cyberattack. But beyond that assurance, Nevada residents and state employees remain in the dark about exactly how or when the attack occurred and its possible impact on the security of state data.
Las Vegas, known for its vibrant hotels, casinos, and entertainment, has seen a downturn in tourism, influenced by a variety of factors.

A recent UNLV Lied Center for Real Estate recently found that the valley has been under-building residential projects as far back as 15 years.

Nevada officials revealed Wednesday that personal information may have been compromised in what was described as a "sophisticated ransomware-based cybersecurity attack" that occurred Sunday in which hackers infiltrated government networkers and disrupted essential services statewide.

Recovery efforts have impacted certain technology systems on the state network, causing some state websites or phone lines to be slow or briefly unavailable.

The UNLV finance department created an elective course for students pursuing careers in financial services to be SEC licensed (Series 65 or 66) upon graduation.

Statistics from Las Vegas Metropolitan Police revealed 4,747 reported cases overall as of August 24 in their jurisdiction. That’s a 10.5 percent rise from the 4,297 reported cases during the same time last year.
The future of multifamily and workforce housing in Southern Nevada comes at a critical moment for the region where rapid growth has collided with the reality of limited land and rising demand for affordable housing.