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Area Development - Site Selection, Facility Planning and Workforce Development

Clear Capital Relocates Headquarters To Reno, Nevada

01/06/2015
Clear Capital, a technology leader in real estate valuation and analytics solutions, is moving its company headquarters and operations from California to a new site that is currently under construction in downtown Reno, Nevada. Clear Capital is expected to create up to 400 jobs in Northern Nevada.

The new facility is located in the Park Center Tower, across from the Aces Ballpark and is estimated to cost $1.7 million for building and equipment. This acquisition involved commercial real estate broker, Dickson Commercial Group and property owner, Basin Street Properties, Economic Development Authority of Western Nevada said.

Clear Capital offers a broad range of valuation products and solutions, including appraisals, broker price opinions, property condition inspections, value reconciliations, appraisal review and risk scoring, automated valuation models, and home data indices.

"Moving our headquarters to Reno makes a lot of sense for our business for many of reasons," says Kevin Marshall, President of Clear Capital. "The ever-growing tech sector, the great pool of candidates in the region, the caliber of curriculum at the University of Nevada Reno, and the Reno-Tahoe International Airport all help us thrive as a nationally-focused provider of services and technology".

"We are helping drive a more healthy mortgage industry across the US, and are making the real estate data, valuations and analytics industry better every day because of our commitment to nice, hard-working people and industry-changing technology. By opening a Reno office, Clear Capital will continue to grow in a healthy manner, competing for world-class talent and providing stability and convenience for our staff,” he added.

"It is exciting to see a technology company like Clear Capital invest in Reno downtown with their headquarters and 400 employees," said Mike Kazmierski, CEO of EDAWN. "This relocation is just the start as there are other companies that will join Clear Capital and participate in the revitalization of our downtown."

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