Tag: deliveries

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Local News
NVBEX Staff
15 May 2026

Las Vegas MSA One of Few to See Multifamily Rent Decline

Multifamily rental prices continue to fall in Southern Nevada because of the large quantity of post-pandemic deliveries. Apartments.com recently released a report that found the...

Local News, Trends
CJ Jorgensen
23 Apr 2026

Northern Nevada Industrial Market Continues to Chew Away at Recent Deliveries

The Northern Nevada Industrial market saw a slight uptick in vacancies as the region continues to adapt to 2025’s deliveries. Colliers recently released a report...

Local News, Trends
CJ Jorgensen
2 Apr 2026

Reno Retail Construction Lull Continues in Q1 2026

The Retail market in Reno has seen its contraction in overall construction activity continue into the year. Kidder Mathews recently released its Q1 Reno Retail...

Construction and absorption trends over years
Trends
NVBEX Staff
15 Jan 2026

Reno Office Construction Pipeline Slowing in Q4 2025

Office construction activity in Reno saw a steep decline in momentum during Q4 2025. Kidder Mathews recently released its Q4 2025 Reno Office Market Report....

Reno market data summary and analysis by Kidder Mathews
Trends
CJ Jorgensen
12 Jan 2026

Retail Market in Reno Experiences Negative Absorption in 2025 Despite Final Quarter Rebound

The retail market in Reno experienced a strong number of construction starts throughout 2025 that began to slow in the final quarter of the year....

Bar chart of retail construction and absorption in 2025
Trends, Local News
NVBEX Staff
28 Jun 2025

Rental Prices Continue to Fall in the Las Vegas Valley

Rent in Spring Valley experienced the steepest decline in the past year out of anywhere in the Las Vegas valley. A new report released by...

Trends
NVBEX Staff
29 Mar 2025

Reno Multifamily Developers Reluctant to Build as Vacancy Rates Grow

While rents in the Reno-Sparks metropolitan area have stabilized, apartments are reaching target occupancy levels at a slower rate. One of the reasons for the...

Local News, Trends
NVBEX Staff
3 Jan 2025

Northern Nevada Multifamily Developments Decline in Q3 2024

The number of multifamily developments in the Reno-Sparks area has seen a decline despite low vacancy rates and increasing rental prices. Currently, there are 6,274...

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Mark Hobaica

Mark Hobaica

Executive Vice President

Core Construction

Since 2019, as CORE Construction’s Executive Vice President for Nevada, Mark ensures every client CORE serves receives the highest level of personalized care for every project. Mark’s passion is client Trust. He cares deeply about CORE’s reputation, partnerships and providing the highest quality and services, as well as most honest and best value possible. He has worked in the Las Vegas Valley and for the Public Works sector for nearly 35 years. He began as an owner in a local architectural firm designing and overseeing projects for Public Works clients for nearly 12 years. He clearly understands the expectations of the public sector, as he then directed numerous projects for over 16 years as the City Architect for the City of Henderson. His focus has always been delivering projects using CMAR or Construction Manager at Risk as he has implemented dozens of projects with his trusted approach, while always involving every stakeholder to ensure each individual receives the highest level of services expected.