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Local News, Trends
Roland Murphy
27 Sep 2025

Las Vegas Construction Costs See 4.85% Q3 Annual Change

Construction costs and market fluctuations are combining to create a market picture of surface stability with uncertain undercurrents. According to the Rider Levett Bucknall Q3...

Trends
NVBEX Staff
7 May 2025

U.S. Construction Added 11,000 Jobs in April

The construction industry added 11,000 jobs in April, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor...

Trends
CJ Jorgensen
12 Apr 2025

Las Vegas Ranks 5th of 14 Cities in Construction Cost Changes; Crane Count Drops by 2

With an annual percent change of 4.13%, Las Vegas ranked fifth for annual percent change in construction costs across the 14 cities tracked through the...

Trends
NVBEX Staff
4 Apr 2025

Nonresidential Construction Spending Up 0.3% in Feb.

National nonresidential construction spending increased 0.3% in February, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On...

Trends
NVBEX Staff
21 Feb 2025

Builder Confidence Falls in February

Builder sentiment fell sharply in February over concerns on tariffs, elevated mortgage rates and high housing costs. Builder confidence in the market for newly built...

Trends
NVBEX Staff
20 Jan 2025

Backlogs Dip in Dec.; Confidence Up in 2 of 3 Categories

Associated Builders and Contractors reported its Construction Backlog Indicator inched down to 8.3 months in December, according to an ABC member survey conducted Dec. 20...

Trends
NVBEX Staff
14 Jan 2025

Construction Adds Just 8,000 Jobs in December

The construction industry added just 8,000 jobs on net in December, according to an Associated Builders and Contractors analysis of data released by the U.S....

Trends
NVBEX Staff
10 Jan 2025

Wave of Maturing Loans Could Fuel 2025 Multifamily Investment

The extend and wait approach to managing commercial real estate loans prevalent over the last few years, in which maturing loan terms were extended in...

Trends
NVBEX Staff
20 Nov 2024

Oct. Backlog Indicator Down; Confidence Stays High

By Associated Builders and Contractors Associated Builders and Contractors reported its Construction Backlog Indicator fell to 8.4 months in October, according to a survey of...

Trends
NVBEX Staff
11 Nov 2024

Architectural Billings Worsen in Sept.

By American Institute of Architects The AIA/Deltek Architecture Billings Index score was 45.7 for the month, as the majority of (architectural) firms continued to report...

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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.