Not So Hard Money and Bridge Loans in Nevada
We are excited to be here in the great State of Nevada offering our Not So Hard Money® Loans to the ever growing commercial real estate industry.
The economy of Nevada is tied to tourism (especially entertainment and gambling related), mining, and cattle ranching. Nevada’s industrial outputs are tourism, mining, machinery, printing and publishing, food processing, and electric equipment. The Bureau of Economic Analysis estimates Nevada’s total state product in 2018 was $170 billion. The state’s per capita personal income in 2018 was $43,820, ranking 35th in the nation. Nevada’s state debt in 2012 was calculated to be $7.5 billion, or $3,100 per taxpayer. As of December 2014, the state’s unemployment rate was 6.8%.
The economy of Nevada has long been tied to vice industries. “[Nevada was] founded on mining and refounded on sin—beginning with prizefighting and easy divorce a century ago and later extending to gaming and prostitution”, said the August 21, 2010 issue of The Economist.[6
Nevada is a state in the Western, Mountain West, and Southwestern regions of the United States. Nevada is the 7th most extensive, the 35th most populous, and the 9th least densely populated of the 50 United States.
We’re excited and looking forward to extending more loans to help grow the commercial real estate market in Nevada. Our Not So Hard Money® loans are available across the state of Nevada. Key lending areas include: Las Vegas, Paradise