Category: Trends

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Local News, Trends
CJ Jorgensen
9 Apr 2026

Las Vegas Retail Market Shows Strong Start to 2026

The retail market in Southern Nevada experienced a more substantial absorption in Q1 2026 than in the entirety of 2025. Colliers recently released its Q1...

Retail market trends over time by Colliers
Local News, Trends
CJ Jorgensen
7 Apr 2026

Nevada Construction Employment Starts 2026 Strong with Revised Data

Nevada Construction employment began to rebound to start 2026, with the sector putting on the best statewide performance by a wide margin. In terms of...

Nevada construction employment trends over years
Local News, Trends
CJ Jorgensen
4 Apr 2026

Office Construction Remains Slow in Reno as Absorption Rebounds

Office construction in Reno remained at low levels during Q1 2026. Kidder Mathews recently released its Q1 2026 Reno Office Market Report. The amount of...

Kidder Mathews Graph showing Office Construction Levels
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
Local News, Trends
CJ Jorgensen
27 Jan 2026

Statewide Construction Employment Falls More Than 9% Throughout 2025

Nevada Construction employment continued its plummet into December 2025, shedding more than 1,000 jobs over the course of the month. In terms of seasonally adjusted...

Nevada Employment data graph in December
Local News, Trends
NVBEX Staff
17 Jan 2026

Colliers Predicts 2026 Could Result in Local Recovery from Uncertain 2025

A potential rebound of the Las Vegas metropolitan area’s economy is possible if the national economy increases its productivity in 2026. Colliers recently released its...

Hospitality graph from Colliers Market Research Report for Q4 2025
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
Local News, Trends
CJ Jorgensen
10 Jan 2026

Construction Employment Continues Poor Showing in November 2025

The Construction sector in Nevada experienced the steepest decline in employment of any sector in November 2025. In terms of seasonally adjusted data, the sector...

Nevada construction employment year-over-year changes
Local News, Trends
CJ Jorgensen
9 Dec 2025

Seasonally Adjusted Construction Employment Rebounds in September

Statewide Construction employment reflected very different performances across seasonally adjusted and non-seasonally adjusted data for September. In terms of seasonally adjusted data, Nevada gained 1,000...

Construction Employment Trends graph
Economic Development, Trends
NVBEX Staff
3 Dec 2025

Las Vegas Employment Recovers from Pandemic, Housing Market Still Shaky

After facing one of the steepest declines in employment during the pandemic, the Las Vegas Valley has fully recovered. The National Association of Home Builders...

Local News, Trends
NVBEX Staff
24 Nov 2025

Rental Rates Continue to Decline in Las Vegas as Multifamily Pipeline Slows

Different neighborhoods in the Las Vegas Valley are seeing a variety of outcomes in multifamily rent prices. Zumper recently released its multifamily rent report. Winchester...

Multifamily Units
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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.