Southern Nevada Industrial Outlook

Analyzing Investment Opportunities, Acquisition Activity, Tenant Demand For Space, Leasing Trends, Operations & Development

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  John Ramous

  John Ramous is the Partner in Nevada for Dermody Properties and is responsible for the company’s existing Nevada portfolio as well as new industrial speculative and build-to-suit projects and acquisitions throughout the state. Mr. Ramous was previously Senior Vice President and Regional Manager for Schnitzer Properties where he managed an industrial portfolio of more than 10 million square feet in southern Nevada. While with the company, he was responsible for the sourcing and oversight of all acquisition and development projects in southern Nevada as well as major leasing, capital, operating, budget and management decisions within the region. A 30 + year real estate veteran, Mr. Ramous has also served as Portfolio Manager with First Industrial Realty Trust, Senior Real Estate Manager with Mutual Benefit Life Assurance Corporation and Senior Acquisition Associate at Prudential’s PGIM. Mr. Ramous holds a bachelor’s degree in finance from the University of Connecticut. He is a recent Corporate Board Member of the NAIOP, the Commercial Real Estate Development Association, and an active member of the Urban Land Institute (ULI) and the Society of Industrial and Office Realtors (SIOR). He is a Past Chair of the Henderson Chamber of Commerce and Past President of its Henderson Development Association. He’s also an Executive Advisory Board member at the University of Nevada, Las Vegas’ Lee Business School. Ramous served as a North Las Vegas Mayor’s Financial Advisory Council member and was a member of Congressman Heck’s Economic Advisory Task Force.

  Dermody Properties

  Partner, Nevada

  John Ramous

  Partner, Nevada

  Dermody Properties

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  John Orsak

  John Orsak is a 23-year veteran of the commercial real estate industry and serves as Executive Vice President. John and his team are responsible for Development, Acquisitions, Leasing, Property and Project Management across Arizona, Nevada and New Mexico. John has been successful in developing over 13 million sq. ft. during his time at Lincoln Property Company. John also oversees the leasing and management efforts of a nearly 26 million sq. ft. portfolio of Class A office and industrial projects valued at over $2 billion.

  Lincoln Property Company

  EVP

  John Orsak

  EVP

  Lincoln Property Company

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  Phillip Dunning

  Phillip Dunning is the Partner for the Southern Nevada office with Panattoni Development Company. He brings more than 20 years of experience in commercial real estate and has been with Panattoni since 2021. Prior to being a Partner, Phillip served as a Senior Development Manger for the Southern Nevada office. As a Local Partner he is responsible for identifying opportunities for development, underwriting the investment, achieving entitlements, managing the design and construction, leasing and disposition of assets. Phillip started his development career working as a third party broker in Las Vegas and nationally. During his brokerage tenure he assisted in the development of a national fast food brand in Las Vegas which included ground up entitlements, construction and remodel of existing space. Prior to joining Panattoni, Phillip moved to a full time development role with a local firm, developing restaurants and multifamily projects. Phillip earned his CCIM designation in 2011, he is a NAIOP of Southern Nevada Board Member and current Treasurer. He is active in the Southern Nevada CCIM chapter as a past member of the board of directors and past president. Phillip is a member of the NAIOP Government Affairs and golf committee.

  Panattoni Development Company

  Senior Development Manager

  Phillip Dunning

  Senior Development Manager

  Panattoni Development Company

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  Tyler Mattox

  Mr. Mattox is a Principal at MCA Realty and is responsible for directing the investment related activities including the acquisition, development and disposition of all investments, as well as oversight on the firms asset management. Mr. Mattox has over 33 years of broad based real estate experience and is a California licensed real estate broker. Prior to MCA Realty, Mr. Mattox was the Principal Owner of Mattox Property Services, an opportunistic real estate investment and development company that identified and acquired underperforming assets. In this role, he managed all facets of the repositioning process, including acquisitions, financial underwriting, debt and equity capitalization and physical due diligence. Prior to the formation of Mattox Property Services, Mr. Mattox was employed by CBRE and during his tenure rose to the level of Senior Vice President, the highest office available to producers at the time of his departure. Mr. Mattox is married with a daughter, and lives in Laguna Niguel, California. In his spare time he enjoys golf, skiing, travel, sporting events and time with family.

  MCA Realty

  Principal

  Tyler Mattox

  Principal

  MCA Realty

• Moderator

  Natalie Wainwright

  Managing Director

  Omnipresence Commercial

Enhancing Luxury Hospitality Assets

Maximizing Property Values, Optimizing Operational Strategies, Elevating the Guest Experience & Curating Cutting-Edge Concepts

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  Lorenzo Doumani

  Lorenzo Doumani has always been a bit of a “rebel”—and not just because he’s a native Las Vegan. The son of Las Vegas pioneer Edward Doumani, Lorenzo was immersed in the hospitality and development business from an early age, working every conceivable job at his family’s iconic El Morocco and La Concha Motels (designed by legendary architect Paul Revere Williams) —as well as getting to observe the development process from conception to completion on the Tropicana and Golden Nugget Hotels—carefully studying and learning from such visionaries as Jay Sarno (Caesar’s Palace, Circus Circus) and Steve Wynn (his father’s former business partner). In 2000, he formed Majestic Resorts to redevelop the Las Vegas strip property on which the La Concha & El Morocco sat. As CEO of Majestic, he completed plans, entitlements and funding on the proposed $650 million Waldorf Astoria condominium hotel. In October 2007, he sold the fully entitled project to developer Triple 5 for $180 million. In 2009, Lorenzo decided to go back to school, attending UCLA and obtaining his MBA in 2011. In 2013, Doumani purchased the historic Hollywood “Park Hill” estate from pop star Katy Perry in 2013. The property, which was in shambles, provided Doumani the opportunity not only to restore the estate to its 1920’s glory, but to reinvent it as a new LA icon in his own signature style; timeless contemporary elegance. The “Park Hill” restoration & redevelopment project was completed in 2016 (www. ParkHillEstate.com). In 2014, Lorenzo purchased a 6.1 acre site on Convention Center Drive—less than two blocks from the Strip and across the street from the new Las Vegas Convention Center. He imploded the former Clarion Hotel (which occupied the site) in early 2015, then began developing the Majestic Las Vegas—A throw-back to the 1960’s—drawing inspiration from Paul Williams’ iconic La Concha design.

  Majestic Resorts

  Partner

  Lorenzo Doumani

  Partner

  Majestic Resorts

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  Gary Scott

  Gary is a 30-year Las Vegas hospitality veteran with experience in large scale, integrated resorts. His experience includes direct supervision of hotel, casino and food & beverage operations, finance, compliance, marketing, player development, daylife/nightlife and entertainment. He has held senior executive leadership positions at MGM Resorts International and was also the property General Manager at Hard Rock Las Vegas for five years. In this role, he was responsible for an integrated resort that generated upwards of $220M in annual revenue with over 2,000 employees, 1,500 rooms and multiple entertainment venues and F&B operations. Most recently, Gary joined JC Hospitality, the ownership group at Virgin Hotels Las Vegas ("VHLV"), as the COO. He managed operations and development and oversaw the rebranding efforts of VHLV. This included the design and construction groups that were responsible for the $300M renovation. At the completion of the project, his role expanded into overseeing the development efforts of JC Hospitality’s portfolio, sourcing investment opportunities, identifying concepts/strategic partners and negotiating contracts for new projects. Gary holds a Bachelor of Science in Hotel Administration from UNLV.

  Ridgeline Hospitality Group

  Principal

  Gary Scott

  Principal

  Ridgeline Hospitality Group

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  Judy Chen

  Judy began working in hospitality after an internship with hotelier Andre Balazs. Prior to her position at Dream - Hyatt Hotels, she was Director of Design and Development at Petit Ermitage in West Hollywood where she was responsible for analyzing potential acquisitions and management opportunities as well as overseeing property renovations and new construction. She held the same position at the corporate office of Thompson Hotels (now Sixty Collective) in New York City from 2008-2011. She has also worked as an analyst at Jones Lang LaSalle Hotels, assisting with asset sales, hotel valuations, development advisory and management selection. As a lecturer at NYU’s Real Estate Institute, Judy implemented its first hotel development overview course for its graduate program, where she is an alum. Judy holds a BS in architecture design from the University of Virginia and a MS in real estate development from New York University. She is also fluent in Mandarin Chinese.

  Dream - Hyatt Hotels

  VP, Development

  Judy Chen

  VP, Development

  Dream - Hyatt Hotels

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  Joe Fitzpatrick

  With an education in architecture and business management, a background in project management, decades of experience in creative design, strategy for companies ranging from start-ups to Fortune 500, and a passion for all things architecture and design, Joe serves as a consultant/advisor to architects, owners, and contractors all seeking expertise in achieving their architectural design visions through advanced manufacturers and cutting-edge solutions providers.

  Architype

  EVP

  Joe Fitzpatrick

  EVP

  Architype

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  Candra Mathis

  Candra is a Principal and Studio Director based in Gensler’s Las Vegas office, who is focused on design and business development. She brings over 16 years of experience to her role as a Hospitality Interiors Studio Director and Co-Hospitality Leader for Gensler’s Southwest region. NCIDQ certified and LEED accredited, her technical interiors skills match the breadth and depth of her creative expertise. She believes that integrated teams of diverse mindsets push the limits of design. Candra guides the growth of hospitality brands through comprehensive conceptual and design leadership, overseeing all aspects of project development. Applying the latest trends in design and technology, Candra brings clients a fresh perspective to create new experiences for their guests through story-led design. Her primary passion is client relationships followed by design excellence, talent development, and advancing the design process with innovative efficiencies during the design process. Many of the relationships Candra has built during her time at Gensler include San Manuel Band of Mission Indians, MGM, Circa Resorts, Corner Bar Management, Marriott, and Fisher Brothers to name a few. Candra is a graduate from Texas Tech University with a Bachelor of Fine Arts in Interior Design and a minor in Architecture.

  Gensler

  Co-Studio Director & Hospitality Principal

  Candra Mathis

  Co-Studio Director & Hospitality Principal

  Gensler

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  Jon Serfilippi

  As a McCarthy Senior Project Manager, I lead, coordinate, schedule, and monitor work with project staff, owners, architects and trade partners to deliver an exceptional experience for all team members. Partnering with the Project Director, responsibilities include overseeing and reporting on cost and contract status, reviewing and approving materials, forming systems and equipment, developing a site logistics plan, and implementing training including all applicable safety programs for all personnel.

  McCarthy Building Companies

  Senior Project Manager

  Jon Serfilippi

  Senior Project Manager

  McCarthy Building Companies

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  Mike Larson

  Principal

  JCJ Architecture

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  Rebecca Miltenberger

  Experienced real estate attorney with focus on acquisition and development. Known for thorough grasp of how business considerations play into legal issues. Key role in some of Nevada’s most important real estate deals. Rebecca Miltenberger is an experienced real estate and land use attorney who combines her legal expertise with a passion for creating solutions for her clients’ legal issues. Her practice focuses on complex commercial real estate transactions and land use projects in hospitality, gaming and leisure industries, multifamily, office and retail.

  Brownstein Hyatt Farber Schreck

  Shareholder

  Moderator

  Rebecca Miltenberger

  Shareholder

  Brownstein Hyatt Farber Schreck

Remarks From The Podium

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  Heidi Henderson

  Heidi is the Executive Vice President of Engineered Tax Services (ETS) and operates the Ogden, Utah office. ETS is headquartered in West Palm Beach, FL and has 16 offices Nationally. ETS is a licensed Engineering firm focused on specialty tax services relating to federal tax incentives and strategies for Real Estate owners. Heidi is a Real Estate Professional with over 25 years of tax and accounting experience in the Real Estate Finance, Development, Construction, and Commercial Property Areas. She is a consultant to business owners and investors to ensure tax efficiency, and optimization of federal, state and local incentives throughout the US. Her experience includes industry specific federal lobbying efforts in D.C., technical guidance on varying tax topics, and overseeing the marketing and sales efforts nationally. Her projects range from small office buildings, restaurants, self-storage and rental homes to multi-million-dollar projects including the W Hotel in Manhattan, the Sea-Tac Marriott. She has published numerous articles in AccountingToday among other CPA and Real Estate publications, and has spoken to audiences ranging from AIA, USGBC, Energy Symposiums, Tech Symposiums, AICPA, varying International CPA Associations, and AccountingToday’s national conference, qualifying for Continuing Professional and Legal Education. Topics range between energy efficient options for Real Estate owners, depreciation, tax methodologies, and over tax efficiency. Heidi holds a Master’s of Science in Accounting, an Undergraduate degree in Business and Accounting and personally invests in Real Estate in her home state of Utah where she resides with her husband, three children, and a multitude of furry friends.

  Engineered Tax Services

  EVP

  Remarks From The Podium

  Heidi Henderson

  EVP

  Engineered Tax Services