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Quick Space – Creating Environments Where Humans Thrive

December 5, 2023 | Member Submitted

Quick Space is committed to creating environments where humans thrive by offering portable business solutions and exceptional service. We proudly rent and sell portable business solutions to assist our community and remove space obstacles. We understand the importance of providing every team with appropriate working climates and the role that plays in recruitment, productivity, and retention.

After the 2008 recession impacted the company, Quick Space rebuilt itself into the area’s leader in portable storage and temporary office space. Additionally, our leaders recognized the market’s needs and expanded into site solutions and portable restroom services. With this expansion, Quick Space grew into the region’s premier source for temporary solutions. The company’s original staff of 7 grew into more than 75 employees. Owner Scott purchased Quick Space in 2009 as the company aligned with his leased-asset-based investment strategy. Dick Stufflebeam served as the accountant through the transaction, stayed on and eventually becoming General Manager for the company. He recently retired as General Manager but continues to handle the property management for Quick Space. In 2018, Rob Heaton was named General Manager. Today, Quick Space has over 100 employees, and is expanding business every day.

Quick Space responds to our customers quickly with exceptional service supported by an extensive and adaptable inventory. We are accountable to the customer, our community and team.”

MORE INFO >

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Bull or Bear?

November 7, 2023 | Member Submitted

Written and Submitted By David Vomund

While that question is just semantics, the technical definition (a 20 percent or greater move) points to a bull market.  The S&P 500 is 21 percent above its October 2022 low and is up 13 percent this year.  But the S&P 500 is overstating the strength of most stocks, which is why others call it a bear market.  I find it encouraging when I hear the bear label.  Such skepticism is good for stocks.  

I keep saying that investing is all about earnings and interest rates.  The news on the earnings front has been good.  For the most part Corporate America is doing well as we saw in the initial number for third quarter GDP.  But the Treasury needs to sell $1.7 trillion in new debt over six months. To whom and at what cost?  Buyers, overwhelmed by the new offerings of $1.7 trillion, may demand higher rates.  That alone would put upward pressure on rates no matter what the Fed is doing.  Clearly, the Treasury should have issued long-term bonds when interest rates were near zero.  

Inflation, the ultimate enemy of financial assets, remains on a slow downward path.  While core inflation (ex food and energy) is less than four percent year over year, excluding food and energy is why people feel that prices are rising faster than they are being told. The inflation rate for food and energy alone is more than six percent.  Shoppers and drivers know it.

Investors in stocks most sensitive to the economy are saying there are ample signs that the economy is softening, including September’s employment report.  UPS and FedEx see it in demands for delivery.  MasterCard and Visa see it in the number and dollar amount of transactions and credit patterns.  That is why stocks fell for three straight months.  The good news is that November is the market’s strongest month (since 1950) and December is number three.  After the down summer there should be better days ahead and a year-end rally.  

One last point.  Stocks and bonds both rallied big time last week with little in the way of news.  One can’t wait for better data and headline news — an all-clear signal before acting.  One needs to anticipate…and be right.  As the late Joe Granville once said, “If it’s obvious, it’s obviously wrong.”  Indeed.  Investors are anticipating rate cuts and earnings growth.  They’ll be right, but when?  Soon would be nice.

David Vomund is an Incline Village-based Independent Investment Advisor.  Information is found at www.VomundInvestments.com or by calling 775-832-8555.  Clients hold the positions mentioned in this article.  Past performance does not guarantee future results.  Consult your financial advisor before purchasing any security.

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Creating Lasting Connections: Compass’s Commitment to Incline Village’s Community and Real Estate Dreams

November 6, 2023 | Member Submitted

No one expected a dreadlocked fifteen-year-old who cared more about his DJ business than his homework to grow up to become one of the youngest-ever White House fellows, create multiple nonprofits, and found a multibillion-dollar company. But Robert Reffkin — raised by an Israeli immigrant single mother, disowned by his maternal grandparents for being Black, and abandoned by his father — has always defied the odds.

In 2012, Robert Reffkin co-founded the online real estate technology company Compass, Inc. with Ori Allon. The inspiration for his business came from his mother, who suffered hardships working as a real estate agent. Reffkin was inspired to use technology to improve the ability of agents to build their brand, analyze data, and conduct market research to make their business more efficient and profitable.

In a testament to Compass’s rapid growth, the renowned real estate brokerage has recently acquired a foothold in the stunning Lake Tahoe region. In 2021, the highly anticipated opening of the Incline Village office introduced cutting-edge technology to this market, all in pursuit of the shared mission to help individuals discover their perfect place in the world.

With the launch of the Compass office in Incline Village, a vibrant and close-knit community, our team is committed to providing unwavering support and expertise to residents seeking their dream homes. Tracy Cohn, an accomplished Sales Manager and Nevada Broker of Record, proudly leads this office and envisions a future where the local business flourishes, contributing to the overall prosperity of the Incline Village community.

At Compass, we believe that finding the right home is more than just a transaction – it’s an opportunity to create a lasting connection with the community. We are thrilled to be a part of Incline Village’s journey, assisting individuals and families with their real estate needs and actively engaging in community initiatives. Together, let’s build a brighter future, one home at a time.

Submitted by:

Elizabeth Haviland

Agent Experience Coordinator

110 Country Club Dr, Suite 1, Incline Village, NV 89451 o: 775.404.7650m: 916.390.9962

agentexperience@compass.com

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McWhinney Connecting with Lake Tahoe Community to Revitalize the Cal Neva

October 30, 2023 | Member Submitted

McWhinney is pleased to join the Crystal Bay Incline Village community and business association! We are here for the long term. Our comprehensive development, investment, and management firm has a 31-year history of creating exceptional gathering places for both locals and visitors. 

McWhinney and its project team are thrilled to engage with the community on the visioning to revitalize the 13-acre Cal Neva site. As we seek to restore this important treasure, we extend gratitude to many community members who’ve already taken the time to share their valuable insights. We look forward to hearing more feedback and staying connected with everyone along the way. 

Our award-winning design team is focused on revitalizing and upgrading the existing hotel tower while preserving the original character of important community spaces like the historic lodge, Circle Bar, casino and showroom. The reimagined Cal Neva plans to offer a world-class community destination with enhanced outdoor and gathering places along with important environmental improvements to help ensure the beauty of Lake Tahoe and surrounding community. 

McWhinney’s national portfolio includes award-winning and LEED certified hotels and boutique offerings in Southern California, Colorado, Texas, Massachusetts, and Oregon. 

Please join us in the effort to revitalize Cal Neva! Visit RevitalizeCalNeva.com to support and stay informed.

LEARN MORE & STAY INFORMED >

Photo Credit: Julie Balanger, The 111th Group.

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Golf Legend, Part-Time Tahoe Resident Sorenstam Launches Cocktail Line Born in Incline

December 19, 2022 | Member Submitted

Originally Published in the Tahoe Daily Tribune on 12/8/22. View the original article here.

INCLINE VILLAGE, Nev. — Golf legend and part-time Lake Tahoe resident Annika Sorenstam has launched a new line of cocktails with the business idea being sparked in Incline Village.

Her line of vodka-based sparkling classic cocktails, called Fizzy Beez, a play on Sorenstam’s active busy bee lifestyle as well as a nod to the beverages’ use of ethically farmed organic honey in place of added sugars, are available at all 11 Raley’s in northern Nevada.

To celebrate, Sorenstam, an eight-time LPGA Player of the Year and part-time Incline resident for more than 25 years, will attend in-store tastings and sign autographs at two Raley’s locations — from 3-5 p.m. Dec. 21, at the Galena store in Reno, and from 3-5 p.m. Wednesday, Dec. 28, at the Incline Village store, located at 930 Tahoe Boulevard.

“The idea for Fizzy Beez was actually born in Incline Village,” says Annika. “During the COVID lockdown my husband, Mike, and I began to experiment with different types of cocktails, as we were dissatisfied with the taste and artificial ingredients found in the standard, ready-to-drink options on the market. We couldn’t find anything we liked, so we decided to create our own that taste like homemade cocktails, but with only one-third of the calories of a drink from the bar.”

In addition to using ethically farmed honey, all Fizzy Beez flavors – Cosmo, Margarita, Mojito and Moscow Mule – are made with real fruit juice and use all natural, gluten-free and kosher ingredients. This approach yields a 5% ABV grain neutral, spirit-based beverage that is light, refreshing and only 140 calories per 12-ounce can.

Sorenstam owns Fizzy Beez with her friend, business partner and fellow Incline Village resident, Kathy Johanson, who brings 35 years of corporate experience to the company. Nevada joins Ohio and Tennessee as states where Fizzy Beez is currently distributed.

“The early buzz on Fizzy Beez has been really promising,” Sorenstam said. “Kathy and I are passionate about the product and, with the help of Raley’s, look forward to introducing it to our fellow residents.”

According to an article by VinePair, Inc., the sales of ready-to-drink cocktails increased by 91.8% in the United States during the first months of the pandemic. The vertical’s market size is projected to grow annually at more than 12%, from a value of $714.8 million in 2020 to an estimated $1.63 billion in 2027.

Sorenstam, always one of the favorites, has competed in the last two American Century Championship celebrity golf tournaments at Edgewood Tahoe and three overall. 

For more information about her cocktail line, visit http://www.fizzybeez.com.

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New Business Feature: AAUW Tahoe-Nevada

April 24, 2021 | Madison Schultz

The American Association of University Women is a nonprofit organization that has been working to “empower women since 1881.” The organization’s local branch, better known as AAUW Tahoe-Nevada, directly focuses on breaking through educational and economic barriers to allow all females a fair opportunity. 

AAUW Tahoe-Nevada is a new member of IVCBA and works consistently in the North Lake Tahoe community to empower females through education. Janet Usinger, President of the AAUW Tahoe-Nevada branch states that AAUW is “incredibly concerned about the subject of higher education for women.” 

With this concern one of the main focuses of the organization, the women behind AAUW’s Tahoe-Nevada branch work towards raising scholarship funds year-round in the Incline Village/Crystal Bay community to help support young women who are in need of financial assistance for higher education. AAUW Tahoe-Nevada has a direct partnership with Incline High School to directly provide to local students who are in need. Normally, the organization works to fund one to two students annually, and the scholarship money that’s raised directly goes towards the students’ tuition. 

Alongside the empowerment of young females, AAUW Tahoe-Nevada also provides a rich variety of opportunities for members to learn, network, volunteer, lead, and socialize. The Tahoe-Nevada group also has special interest groups such as the Outdoor Enthusiasts (Hike, Kayak, Bike) Club, Book Club, Cooking Club, and even Bunco. 

To join AAUW Tahoe-Nevada branch, donate to the organization, or get further information on upcoming events, visit: https://tahoe-nv.aauw.net/aboutus/

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