Capstak Locates Corporate Headquarters In Reno, Nevada
09/20/2016
"The commercial real estate deal market is massively inefficient, time consuming and costly, especially outside of the primary US markets," said Michael Schnabel, CEO/Co-founder of Capstak. "This difficulty in sourcing good debt and equity partners has, in the past, kept me from investing. Capstak is providing important, profitable commercial solutions for my business."
"Reno quickly became the obvious location for us to headquarter, and as our core technology development test market," said Heather Goldman, Capstak Co-founder/President. "There is a great deal of support and opportunity for startups here. We also benefit from the great university system. UNR has provided us with world-class space at the Innevation Center and a qualified pool of graduates."
"We are extremely excited to have Capstak relocate to Reno and bring with it high value jobs paying top salaries and benefits," said Hillary Schieve, Mayor of the City of Reno. "The Biggest Little City looks forward to supporting Capstak's addition of 25 jobs in the first year and their future ambitions to bring over 100 jobs to our local economy."
"We are excited about the decision by Capstak to grow their company here in Reno, with top executives relocating from the Bay Area and the East Coast," said Mike Kazmierski, President/CEO of Economic Development Authority of Western Nevada. "Finding a better way to connect the commercial real estate community to facilitate transactions has been needed for some time, so we expect this platform to be quickly embraced by the industry."
Project Announcements
Ferrero Expands Brantford, Ontario, Canada, Production Operations
04/19/2025
Switzerland-Based ABB Expands Senatobia, Mississippi, Production Operations
04/19/2025
Wow Bao Plans Forest City, North Carolina, Manufacturing Operations
04/19/2025
B-K Tool & Design Expands Putnam County, Ohio, Manufacturing Operations
04/19/2025
Lucid Group Plans Phoenix-Coolidge, Arizona, Manufacturing Operations
04/19/2025
Coast Expands Expands Salt Lake County, Utah, Operations
04/15/2025
Most Read
-
Run a Job Task Analysis
Q4 2024
-
The Location Economics of Advanced Nuclear
Q1 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
NEW NIMBYism: A Threat to The U.S. Economy
Q4 2024
-
Power, Policy, and Site Selection in 2025
Q1 2025
-
Designing Beyond the Assembly Line
Q1 2025
-
Why Workforce Readiness Can’t Wait
Q1 2025