Prudential Americana Group Breaks Ground on New Headquarters

Stable Development begins work on 47,000 square foot Class A building in Las Vegas Valley. The project will employ 200 until completed in November.

Las Vegas, NV, May 26, 2013 --( Today Prudential Americana Group and Stable Development broke ground on a 47,000 square-foot Class A building in Seven Hills. The new campus will encompass Prudential’s executive headquarters, Green Valley office and partner companies including Equity Title Company. The building is scheduled to be completed in November and will house approximately 500 Prudential associates, employees and affiliates.

“The company, which currently includes Prudential Americana Group and Prudential Arizona Properties, has grown exponentially over the past three years and we are looking forward to additional expansion in several areas,” said Mark Stark, CEO. “The new building will serve as our national headquarters with an executive staff serving the needs of real estate sales executives across the country.”

The 47,000 square foot building is a corner building at the entrance of the Seven Hills master planned community in Southern Nevada. Approximately 200 workers will be employed throughout the construction process. The concrete and steel building will include energy efficient windows and HVAC, a natural stone façade and views of the Las Vegas Strip. Ledcor Construction Inc. is the project’s general contractor, working with commercial development firm and building owner Stable Development.

According to Stark, the new building addresses recent growth of both his Nevada and Arizona companies. “We had been looking for a new location for some time and this was the perfect fit,” he said. “It is very difficult to find a building in an ideal location that also fits the needs of your business.”

“The building will offer the most modern technical conveniences and virtual systems for Prudential sales executives on the go, as well as multiple conference rooms and a large new training facility,” said Gordon Miles, COO. “Hundreds of current and future real estate sales executives receive training through our Americana Academy every month, and the new facility will allow us to expand those offerings even more.”

Americana Academy, Prudential Americana Group’s popular real estate pre-licensing school, will be housed in the company’s new headquarters. The four-week program teaches real estate principles, practices and law. Its instructors are practicing Nevada brokers/agents and Prudential management representatives. Americana Academy’s 18-session courses are designed to help prospective REALTORS prepare for the Nevada Real Estate exam. The company also provides free continuing education courses for its sales executives.

About Stable Development
Stable Development was established in 2005 to enable business owners the opportunity of building ownership with minimal cash outlay. The firm has since developed more than 650,000 square feet of professional and medical office space.

About Prudential Americana Group
Prudential Americana Group in Nevada and Prudential Arizona Properties comprise Americana Holdings, the fourth largest Prudential Real Estate franchise in the country. CEO Mark Stark was named Prudential Real Estate’s Broker of the Year in 2013 and has been consistently named one of the top real estate professionals and entrepreneurs in the United States.

Americana Holdings is an award-winning company with 21 offices and nearly 2,000 real estate sales executives and employees. It is home to many of the country’s top-selling real estate professionals and has been recognized by JD Power and Associates multiple times for its commitment to customer service.

In 2013, REAL Trends named Prudential Americana Group the 26th largest real estate firm in America. It has twice been named among the Inc 5000 list of fastest growing private companies and in 2012 was named a “Best Place To Work” in Southern Nevada.

Through its real estate brands, Prudential Real Estate has nearly 80,000 real estate professionals in more than 2,800 locations across North America. Its global footprint spans North America, the United Kingdom, France, China, Singapore, India, Brazil and Australia, and includes more than 2,500 employees worldwide.

For more information, please call 702-796-7777.
Prudential Americana Group
Sarah Thornton