Weekly Market Report: May 29, 2025

Nicole Buntgen, Contributing Writer

Revival House, a cocktail bar owned by Omaha-based Flagship Restaurant Group, is set to open in mid-to-late-June at 3737 Farnam Street in the Blackstone District. Described as “a world of its own—a fever dream brought to life, with better booze,” the concept has an existing location in Des Moines, Iowa. Flagship also owns Memoir, Ghost Donkey, Châm Pang Lanes, Clio, Blue Sushi, Roja and other concepts.

Dave’s Hot Chicken will officially open a second Omaha location, Friday, May 30, at 2615 South 180th Street. The 4,088 sq. ft. building was most recently home to Voo Doo Taco and Jones Bros. Cupcakes before that. Dave’s Hot Chicken’s only existing Nebraska location is at 335 North Saddle Creek Road. The Los Angeles-based chain of Nashville-style chicken restaurants has 258 locations in 36 states and five countries.

The Pie Fairy, a local bakery specializing in pies and sweets, is now operating out of Barnato’s kitchen at 225 North 170th Street in Village Pointe. Orders are available for pickup or delivery with advance notice via social media. The bakery previously operated out of Green Line Cafe and other shared kitchens.

The Hideaway Lounge at 3030 South 203rd Street is under new ownership and will hold a grand re-opening party Friday, June 6 at 6 p.m. Eric Peel and Alyssa Boyd recently purchased the business from Brian Shoup. The bar’s name will remain the same. Located southeast of 204th & West Center Road, Hideaway Lounge serves high-end cocktails and originally opened in February 2023.

The Brunch Box, a breakfast-and-lunch restaurant in downtown’s Capitol District, will open its second location in the Oak View Mall Food Court early next week. The new restaurant will have a limited menu available Sunday, June 1 from 3 to 6 p.m. The full menu will be available starting Monday, June 2nd. The summer hours will be 10 a.m. to 5 p.m. daily.

PIVOT Prime is now open at 13665 California Street. The menu features prime cuts, seafood and seasonal dishes like the Red Wine Aged Manhattan Steak. The space includes three private dining rooms, including The Vault Room, where chef-selected cuts are showcased.

The Bread Barn recently opened at 6401 Capehart Road in Papillion. The local farmstand operates Thursday through Saturday from 8 a.m. to 6 p.m. or until sold out. It offers sourdough bread, eggs, cakes and cookies through a self-serve system that accepts cash, Venmo and PayPal.

Burger Detour, a locally owned burger restaurant, has listed its buildings for sale and/or lease at 18308 Evans Street (near 180th & West Maple Road) and 1220 South 203rd Street (just south of Pacific Street), according to real estate listing announcements by ACCESS Commercial. A would-be future location at 120th & L Street is also listed for sale. It appears as if Burger Detour remains open.

Kona Grill is the latest restaurant to close at Village Pointe. Yesterday was the last day for the long-time restaurant at 295 North 170th Street. Other Village Pointe restaurants that closed recently include Paradise Bakery & Café, Johnny’s Italian Steakhouse, Local Beer Patio & Kitchen and Bravo! Several new restaurants have opened or announced openings in the shopping center including Meddys, Early Bird, North Italia and Kpot.

Ariat plans to open a store at Nebraska Crossing this July in an 8,800 sq. ft. space between YETI and Athleta. Opening is planned for mid-July. Based in San Leandro, Calif., Ariat is an apparel, footwear and accessories retailer that focuses on equestrian, outdoor and work styles. The company’s name is inspired by Secretariat, the legendary racehorse and 1973 Triple Crown winner with a heart almost three times the size of an average thoroughbred.

Trader Joe’s released a Middle Eastern-inspired chocolate bar the week of May 26, modeled after the viral Dubai chocolate bar. Priced at $3.99, it offers a lower-cost alternative to the original, which sells for around $20. The Omaha Trader Joe’s is located in One Pacific Place near 105th & Pacific Street.

The “Restaurant & Retail Updates” section is sponsored by Anderson Convenience Market, featuring Quality AMOCO Fuels and serving Omaha since 1952, and proud to announce the return of Quality Amoco Fuels. Look for changes this Summer at Anderson Convenience Market – 8 Omaha area locations!

Learn more about Anderson Convenience market at www.Anderson1952.com

Commercial Real Estate Summit Expects More Than 800 Attendees This August

The Commercial Real Estate Summit – which started 36 years ago with 150 attendees at Creighton Law School – returns to the CHI Health Center Friday, August 22. This year’s theme is “The Next Chapter: Growth, Change, and Opportunity.” The all-day summit now attracts upwards of 800 commercial real estate professionals each year.

Early bird tickets are $325/person or $293.25/group of 20-plus and $310.50/group of 10-19 people until June 11. After that, tickets increase to $345 per person. Late conference tickets (after August 8) are $395/person. Hall of Fame Luncheon and students’ tickets are $75.

“The event has grown each year, and we’re expecting upwards of 800 commercial real estate professionals this year,” said Jerry Slusky, who founded the event in 1990. “Not only have we experienced continued growth over the years, but our format has evolved to reflect what’s happening with commercial real estate each year. This year is no exception.

“We’ve got a great lineup of speakers, and presenters, attendees will have many opportunities to network and make contacts within the industry, and everyone will leave with more knowledge and enthusiasm for what’s to come locally and regionally in commercial real estate.”

Slusky founded the summit while teaching a course in Commercial Real Estate Development, Planning and Finance at Creighton Law School.

To address a growing need, he mentioned to the Dean of Creighton Law School that teaching commercial real estate at the time was ineffective due to the state of the industry. As an alternative, he suggested it would be more efficient and impactful for the law school to sponsor a workshop on the subject.

From there, the Commercial Real Estate Workshop was born before changing its name to The Commercial Real Estate Summit in 2014.

The event has grown to include presentations and discussions from the Midwest’s industry leaders, including presidents of national banks and CEOs of national real estate brokerage firms and construction companies.

The 2025 summit kicks off with a networking breakfast at 8 a.m., followed by opening remarks and poetry from Jewel Rodgers, State Poet of Nebraska and daughter of Heisman Trophy winner Johnny Rodgers. She is a development manager with Noddle Companies.

Following opening remarks, Nate Kauffman, Senior Vice President, Economist, and Omaha Branch Executive, Federal Reserve Bank of Kansas City, will give an update on recent economic developments and emerging risks that will shape the outlook for commercial real estate moving forward.

During a short lunch, Scott Anderson, a licensed mental health practitioner and certified executive and life coach, will cover the topic “Burnout-Proof Success: 10 Quick & Proven Techniques for High-Achieving CRE Professionals.”

Anderson, author of You’re Not Toast and founder of DoubleDare Executive Coaching, will share 10 fast-acting, science-backed techniques to help CRE professionals prevent and recover from burnout without sacrificing success. Four industry professionals yet to be determined will also be inducted into the CRE Hall of Fame Class of 2025.

Nine breakout sessions, highlighted by “Understanding key drivers in Real Estate Property Tax appeals” and “Insights from the Lenders: Navigating Commercial Real Estate Financing” make up the majority of the day’s events, along with five Summit University Roundtables led by industry professionals.

Omaha Greater Chamber of Commerce President & CEO and former Nebraska State Senator Health Mello will close the day with a session titled “Omaha Reaches 1 Million: Planning the Path Forward for Growth and Development.”

Happy Hour follows from 3-5 p.m. within walking distance at Let It Fly.

“I’m so excited to once again be part of the CRE Summit,” said event co-chair Chris Mensinger, senior vice president at Colliers. “There is no better event for commercial real estate professionals like the CRE Summit. It’s an opportunity to share ideas and network with fellow professionals as well as learn about current and future industry trends and happenings. I highly recommend anyone in this industry participating.”

Visit www.attendcresummit.com to register online and learn more about sessions and speakers.

This section is sponsored by RENZE. Click HERE to see our new addition of Taylor Gautsche and Window Optics powered by RENZE, which is now part of our RENZE family of brands. For over 130 years, we have been providing our clients with innovative solutions for interior corporate and retail branding, as well as unique exhibits and graphics for tradeshows and events. With leading-edge equipment and quality craftspeople working out of our 90,000 sq. ft. facility, we like helping brands grow. See our recent work HERE.

Isaiah Ang, Contributing Writer

Nebraska’s first ACE Pickleball Club has opened at 13423 F Street. The business offers 13 courts with 26-foot ceiling heights. The Georgia-based company was founded in 2022 and now has 20 locations in 13 states with several more coming soon.

Did you know Omaha once had a potato chip factory? True story. It was Kitty Clover, which operated for many years on the northwest corner of 24th & Martha Street. Local businessman Bob Pelshaw is converting the building into Clover 24, a venue for artists and entrepreneurs, according to WOWT. Clover 24 will offer space for artists and co-working space for entrepreneurs.

Habitat for Humanity of Omaha and the City of Omaha will host a ribbon cutting at 10 a.m. Monday, June 2, to mark the revitalization of Myott Park in the Bluestem Prairie neighborhood near 51st & Sorensen Parkway.

Nationally renowned artist Frankie Zombie, in collaboration with Habitat Omaha, has brought vibrant new life to Myott Park with a large-scale mural created with help from young Omaha student artists. The mural, painted on the park’s sports courts, is a centerpiece of the park’s transformation from an overlooked space cut off by the abandoned Wintergreen Apartment complex into a thriving community greenspace.

Led by Habitat Omaha, the revitalization was made possible by a $1.1 million federal community grant secured by Rep. Don Bacon (R-Neb.) and a generous contribution from a private donor. The 5-acre park now features A barrier-free design, upgraded playground equipment, picnic pavilions, amphitheater, sports courts and walking and biking trails.

State, local and university leaders celebrated a ribbon cutting yesterday to officially open Catalyst, the first building in the EDGE District, located west of the University of Nebraska Medical Center campus. The 170,000 sq. ft. building emerged from the renovation of the 1906 Omaha Steel Castings building. Developed by Koelbel & Co. and GreenSlate Development, “Catalyst will facilitate the growth of research and innovation and allow entrepreneurs, investors and businesses to collaborate in industrial tract.”

Construction is wrapping up at the Boho Flats building on the northwest corner of 13th & Pine Street in Little Bohemia. The 4-story building has 59 apartments and 5,000 sq. ft. of retail space. The new building is going up on the former Ethnic Sandwich Shop building site. The developer is Sage Capital. The contractor is Lund-Ross Constructors.

Grow Omaha Snippets are brought to you by Baird Holm LLP, the Exclusive Legal Partner of Grow Omaha. Baird Holm’s dedicated team of real estate lawyers has extensive experience in all aspects of real estate law, including purchases, sales, construction, zoning and land use, leasing, and dispute resolution. Click HERE for more information.

We have an opening date for The Funny Bone Comedy Club’s relocated Omaha venue: June 6th. The long-standing comedy club moved from Village Pointe to 710 North 114th Street in Miracle Hills.

FNTS, a provider of managed IT services, has announced a strategic agreement with immixGroup, a premier value-added distributor that helps technology companies successfully navigate the government procurement landscape. This collaboration expands FNTS’s ability to deliver secure, compliant IT solutions to federal, state, local and education entities nationwide. FNTS is a wholly owned subsidiary of Omaha-based First National of Nebraska

Little Explorers Childhood Enrichment Center has opened at 14245 Q Street. Locally owned by Tabitha and Justin Bauer, the licensed childcare center serves children ages 6 weeks to 12 years old. An official ribbon cutting event is planned for June 3rd at 12 noon.

Applied Underwriters announced record-setting results of the Applied Underwriters Invitational Tournament for 2025 including a record-breaking $14 million for beneficiary charities, up from $11 million last year; a record 12,000 golfers participating, up from 11,000 last year; 2,000 volunteers, up from 1,200 last year; and a total of 85 local tournaments, up from 76 last year. This year, more than 75 charities will benefit from the proceeds—up from 65 last year. Applied Underwriters reached a new high total of $300 million cumulatively raised in net proceeds for the charities, through the national event, which is now in its 37th year.

BT Party Cove, a new private event venue, will open in June at 166 South 2nd Street in downtown Springfield. The space includes indoor and outdoor seating, a full bar, DJ and sound system setup, and can accommodate up to 120 guests. A grand opening will take place June 6 at 4 p.m.

Holiday by Design, an outdoor lighting and decoration company, has leased a 3,075 sq. ft. space at 10504 Bondesson Circle, according to John Meyer and Maddie Graeve of NAI NP Dodge, who represented the landlord in the lease negotiations.

Hillcrest Foundation for Enhancing Lives, a nonprofit dedicated to improving the lives of older adults, announced a brand refresh, including a new logo, tagline, mission and vision. These updates better align with the Foundation’s ongoing commitment to helping older adults in the Omaha and Lincoln metropolitan areas live with greater ease, comfort and dignity.

Dean Snyder Construction (DSC), founded in 1958, is a family-and-employee-owned general contractor and design-build firm. We serve the commercial, food and beverage processing, industrial, pharmaceutical manufacturing, and healthcare markets. Our commitment to hard work, direct communication, owner involvement, and exceeding client expectations ensures long-term customer satisfaction. Contact us at www.deansnyder.com

Three local, housing-focused nonprofits are cultivating conscientious development at the Reignite2Unite Development Symposium June 4 and 5. At this conference, Spark CDI, Front Porch Investments and the Omaha Municipal Land Bank are inviting emerging and existing developers and practitioners to gain the tools and knowledge needed to transform vacant and underutilized properties into vibrant community assets. Now in its second year, Reignite2Unite will also feature keynote speakers: housing expert and co-author of “Just Action” Leah Rothstein, as well as the Downing Brothers, the pair of firefighters-turned-developers who star on HGTV’s “Double Down.”

Omaha’s Tri-Faith Initiative is hosting the fourth annual Race, Religion and Social Justice Conference on June 11. This event will bring together 150 professionals, thought leaders, educators and faith leaders to champion the theme, “Fueling the Work.” This theme is intended to highlight the powerful potential of food as a catalyst for social transformation. Attendees will have the opportunity to engage in three transformative general sessions, alongside a choice of 14 dynamic presentations, workshops and educational discussions focusing on food’s vital role in igniting social change, shaping cultural identities and advancing justice movements.

Also on June 11, Tri-Faith Initiative is hosting the premiere of “Abraham’s Bridge,” a documentary that chronicles the nonprofit’s unique endeavor to build a mosque, synagogue, church and interfaith center on the same campus. The film interviews the project’s key leaders and traces its story from its conceptual beginnings in 2005 to its completion as the only interfaith project of its kind.

The Omaha Community Foundation’s resident-led grant programs awarded $665,000 this month to 86 organizations across five funds: the African American Unity Fund, Futuro Latino Fund, LGBTQIA2S+ Equality Fund, Refugee Community Grant Fund and Omaha Neighborhood Grants. Through these Community Interest Funds, neighbors come together to support grassroots projects and nonprofit organizations within their communities. For a full list of organizations and awards, click here.

Omaha Sports Commission, the nonprofit behind the recent Aksarben TIRC bicycle race, is hosting the 2025 USA Triathlon Multisport National Championship Festival at Lake Cunningham from June 4 to 8. On top of competitive swimming, cycling and running, the weekend will feature a fun festival including live music, a free movie night and a kid’s fun zone.

Four hundred ninety supporters raised $260,386 for Habitat of Humanity’s 2025 Giving Day on May 21. The funds will support housing development in Bluestem Prairie as well as other Habitat for Humanity programs.

More Homes for Sale Isn’t a Warning Sign – It’s Your Buying Opportunity

By Jill ANderson

Possibly you’ve heard the number of homes for sale has reached a recent high. And it might make you question if this is the start of another housing market crash.

But here’s the reality: the data proves that’s just not the case. In most areas, more inventory isn’t bad news. It’s actually a sign the market is returning to a more stable, healthy place.

What’s Going on With Inventory?

Based on the latest data from Realtor.com, inventory just hit its highest point since 2020.

But what you need to know is, at the same time, inventory levels still haven’t returned to pre-pandemic norms. And while it’s true inventory is up significantly compared to where it was over the last few years, the number of homes on the market is still well below typical levels.

Why This Isn’t the Problem A Lot of People Think It Is

Some people hear inventory’s rising and immediately think about 2008. Because back then, inventory spiked just before the market crashed. But today’s situation is very different.

Here’s the key reason why…We don’t have a surplus of homes; we have a deficit to climb out of. What we’re dealing with is a long-term housing shortage.

One of the reasons the housing shortage kept growing is because new home construction just didn’t keep up with the number of people who need to buy homes. In fact, the United States is actually short millions of homes at this point, and it will take years to overcome that gap. Realtor.com says:

“At a 2024 rate of construction relative to household formations and pent-up demand, it would take 7.5 years to close the housing gap.”

That means, in most areas, there isn’t a risk of having too many houses on the market right now. It’s quite the opposite – a vast majority of markets actually need more homes. Which is why, even though inventory is rising, it’s not a problem on a national scale. It’s just helping fill a gap that’s been growing for years.

Bottom Line

Rising inventory isn’t a sign of a crash. It’s a step toward a more normal, stable housing market. Let’s connect and go through your housing options.

Grow Omaha Residential is developed and sponsored by Jill Anderson, President Residential Sales, NP Dodge Real Estate 402.255.5099 or jill.anderson@npdodge.com.

We’re not just real estate. We’re NP Dodge.

Cole Young, Contributing Writer

Creighton baseball defeated UConn 7-4 in the Big East Baseball Championship Saturday for its second title in program history. The Bluejays led the championship bout wire-to-wire to earn their sixth regional bid under coach Ed Servais and first since 2019.

Creighton is one of the hottest teams in the country currently, going 21-2 over its last 23 games. According to Rob Anderson, Creighton starting pitchers are 11-0 with a 2.95 ERA in that span.

The Bluejays now head to the Fayetteville Regional hosted by No. 3 overall seed Arkansas. Creighton, the No. 3 seed in the regional, will face No. 2 seed Kansas on Friday, May 30 at 7 p.m. The losers’ bracket will be on Saturday, May 31 at 2 p.m. The winners’ bracket will follow at 8 p.m. on Saturday. All regional games can be streamed on ESPN+.

Speaking of Creighton baseball, the Bluejays took home additional hardware from the Big East Championship. Sophomore catcher Connor Capece was named Most Outstanding Player of the Big East Tournament for batting .583 with five RBIs in three games. Outfielders Nolan Sailors and Tate Gillen, infielder Matt Scherrman and closer Garrett Langrell were named to the All-Tournament Team.

Omaha baseball’s season concluded Friday with the Mavericks falling in an elimination game of the Summit League tournament to Oral Roberts, 8-1. Omaha fought through two extra-inning games to start the tournament before running out of gas against the conference’s No. 1 overall seed. Oral Roberts advanced to the championship round against North Dakota State, which went on to win the Summit League Championship. North Dakota State will join Creighton in the Fayetteville Regional and will play Arkansas.

Creighton basketball will begin a home-and-home series against Gonzaga next season on Nov. 11 in Spokane, according to CBS Sports’ Jon Rothstein. Creighton will host the Bulldogs in Omaha during the 2026-27 season.

Union Omaha fell in USL League One play Sunday, losing to FC Naples 3-1. The Owls now sit last in USL League One standings and have not won a match since April 15, a stretch that has featured four losses and two draws. Omaha’s next match is against Forward Madison FC on Saturday, June 7.

John Rave made his MLB debut for the Kansas City Royals on Monday against the Cincinnati Reds after four seasons with the Omaha Storm Chasers. Recognized by the Royals as the 2024 Omaha Player of the Year, Rave played 256 games for the Storm Chasers since 2022. In his first MLB game, he went 0-for-2 with a walk and a sacrifice bunt. Rave is the 341st player in franchise history to make his debut after playing for Triple-A Omaha.

Jac Caglianone watch is now on in Omaha. Last week, in his first series with the Omaha Storm Chasers, Caglianone went 9-for-26 (.346) with 5 home runs and 10 RBIs. This Tuesday, Major League Baseball’s No. 10 prospect made his debut at Werner Park. In Tuesday’s game against Saint Paul, Caglianone went 0-for-5, snapping a 19-game hitting streak dating back to May 3. Wednesday night, he bounced back, going 3-for-4 in the contest. Tonight is $3 Thursday – get tickets, Busch Light and select concessions for $3 each. First pitch is at 6:35 p.m.

Creighton athletics has nine teams that play head-to-head sports at their respective conference tournaments. Six of those teams made the conference tournament finals in the 2024-25 season: Volleyball, men’s basketball, women’s basketball, men’s tennis, softball and baseball. Both volleyball and baseball won their tournaments.

Upcoming Games

• Omaha Storm Chasers vs. St. Paul | May 27 – June 1 | 6:35 p.m. Thursday
• Creighton Baseball vs. Kansas | Friday, May 30 | 7 p.m.
• Creighton Baseball – Arkansas or NDSU | Saturday, May 31 | Time TBD
• Omaha Beef at Colorado Spartans | Saturday, May 31 | 8 p.m.

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Omaha Chamber Music Society is celebrating its 25th anniversary with another Summer Concert Series, the centerpiece of the Omaha Chamber Music Society season since its debut in 2001. Their longest running program features top professional musicians with ties to the greater Omaha community. Repertoire ranges from Baroque and Classical masterpieces to more recent works by renowned composers of today.Tickets and schedule:
https://www.omahachambermusic.org/summer-concert-series

The Omaha Mobile Stage Youth Talent Show program is holding its series opener May 31st. The outdoor amateur talent competition series has dates throughout the summer for ages 3 through graduating high school seniors, and is open to music, bands, dancing, singing, drama, musical theater, comedy, improv, poetry, spoken word, opera, illusion and more. Participation is free.

Joslyn Castle has announced the lineup for its Summer Picnics series, taking place on the first Tuesdays in June, July and August, from 5:30 to 8:00 p.m. Each evening will feature local food, live music and artistic activities for kids. First up on June 3, is music by Kyle Knapp and food from the Abra Kebabra food truck. This is a free community event. Everyone is welcome.

Nebraska Arts Council’s Floating Deadline Grants are now open. The NAC is currently taking applications for projects starting July 1, 2025, through June 30, 2026. Grants will be reviewed on a first-come-first-served basis.

More information: https://www.artscouncil.nebraska.gov/news/fy25-floating-deadline-grants-are-now-open/

The Omaha Community Playhouse will finish its 100th season with Titanic The Musical. Based upon the ship that was said to be unsinkable, Titanic the Musical retells the story of the Titanic’s maiden voyage as well as its untimely demise. This show marks a new chapter in the history of the Omaha Community Playhouse as this show will officially signify the end of their 100th season. Director Susie Baer Collins informs that the Omaha Community Playhouse will be handing off the reins to a new artist team during the coming seasons. Titanic the Musical will be showing from May 30th to June 29th.

Spaw Collective is a local, woman-owned dog grooming salon opening in 2025. We prioritize safety and comfort, offering traditional grooming services along with fun, safe coloring options. Our shop features a curated retail area with products from local artisans, supporting the community. Committed to quality and care, we aim to create a positive environment where pets feel loved and owners trust us with their furry babies. Spaw Collective is located at 5094 South 108th Street.

LEADERSHIP & MANAGEMENT

Efficient Use of Time – Charles Dickens and Charles Darwin shared a passion for their work, a terrific ambition to succeed, and an almost superhuman capacity to focus. Yet when you look closely at their daily lives, they only spent a few hours a day doing what we would recognize as their most important work, according to The Week. The rest of the time, they were hiking mountains, taking naps, going on walks with friends or just sitting and thinking. What’s the secret? People like them organize their lives around their work, but not their days.

Seventy-seven percent of Americans want tech companies to slow down AI development to make sure they get it right, according to Axios. For better or worse, it looks like that train has already left the station.

Seventy-seven percent of companies are struggling to find people who can lead, according to Beth Thornton. When you’re searching for a job, it can seem like slim pickings, but it’s even harder for a company looking for transformative leaders.

SALES

Before you ever make a call or walk into a meeting, you’ve got to sell you to you, says sales author Jeb Blount. Self-doubt is a silent killer. It creeps in, erodes confidence, and betrays you in your voice, your body language, and that split second when you hesitate to ask for the close. Top performers don’t have fewer fears – they just trust themselves to push through them. They build self-trust the hard way: doing the reps, facing objections, pushing through rejection until they’re bulletproof.

Sales Stat – Only 39 percent of salespeople intended to go into sales, according to HubSpot.

Negotiation Mistakes – One of the biggest negotiation mistakes salespeople make is giving in too soon. “People appreciate what they have to work for,” says sales expert Kelley Robertson. “ If you give in too soon, people will think something is wrong with your offering or that you are desperate for a sale.”

WISDOM

“The absence of stupidity is worth more than the presence of genius.” – Warren Buffett

Did you know Lauritzen Gardens just opened a $13 million playground that was completely funded by donors?

Did you know that nearly half (47%) of all remote workers in Omaha earn $75,000 or more?

Did you know Sarpy County – home to the Omaha suburbs of Bellevue, Papillion, La Vista, Gretna and Springfield – is the third most populous county in Nebraska with 204,828 people?

This section is sponsored by Lockbox Storage, an affiliate of Omaha-based McGregor Interests Inc. We provide storage solutions for all of your storage needs. Our facilities have full-time managers and bright lighting to provide superior security for your belongings. In addition to space for rent, we also provide packing supplies, protection plans and locks along with complimentary handcarts and dollies. Visit LockBox Storage and let us help you with all your storage needs.

Late Nights at the Zoo (21+) recurring on Thursdays: This summer the Omaha Henry Doorly Zoo & Aquarium is opening its doors for adults only on Thursday nights! No kids; all fun! Sips, bites and wild sights on select Thursday nights all summer long. 21+ only.

Night Market happening on May 30th: As the sun sets and the warm evening breeze rolls in, Omaha’s original Night Market sets the stage for unforgettable summer nights in scenic Turner Park. Join others as the city’s energy ignites four Friday evenings throughout the summer. The inviting atmosphere extends a warm welcome to dogs, families, couples and groups!

La Vista Days Drum-Off Competition happening on May 31st: The La Vista Days Drum-Off Competition is a themed showcase in the Omaha Mobile Stage Youth Talent Show Series. Solo drummers between the ages of 12 and 19 are encouraged to register for the La Vista Days Drum-Off Competition. Performances are limited to four minutes. Acts will compete in a single division. This event is open to any genre of drumming or percussion, including hand drumming, African drumming and creative percussion. For competition rules, check out the Omaha Mobile Stage website!

Leashes at Lauritzen happening on June 2nd: Dogs love going on an adventure- make your next night out with your four-legged friend an evening garden stroll during Leashes at Lauritzen. These events are enjoyable nights for dogs to walk the trails, meet other dogs, to take photos among the flowers and foliage, and meet other dog lovers. Water will be available at stations throughout the garden.

Robotics Speaker Series: Peeq Performance – Lessons from the Middle with Tom Chapman happening on June 4th: Join the Nebraska Innovation Studio for a candid conversation with Tom Chapman, co-founder of Peeq Pro and a cornerstone of Nebraska’s entrepreneurial community. With a career spanning a Fortune 500 collapse (Enron), lessons from inside global accelerators like Techstars, and countless startup lessons, Tom brings a brutally honest perspective to what it means to create something real-especially in the Midwest. If you’re interested in startups, hardware, Nebraska innovation or just a refreshing dose of honesty in a polished world, don’t miss this one. Free food and drink will be provided.

This section is sponsored by Eagle Mortgage, a locally owned, full-service mortgage company helping you with Conventional, VA, FHA and USDA loans in both Nebraska and Iowa. Learn how Eagle Mortgage helps people afford the home of their dreams by clicking HERE!

DLR Group, a global architecture firm founded in Omaha, has appointed Andrew West, Dana Schwartz and Darin Hanigan as principals.

Mutual of Omaha has appointed Kate Martz to associate general counsel. She previously worked as a partner at Baylor, Evnen, Wolfe & Tannehill, LLP in Lincoln. Martz earned a bachelor’s degree from Rockhurst University and a Juris Doctor from the University of Nebraska College of Law.

Koley Jessen has expanded its real estate practice with the addition of Jeremiah Perkins as an associate. He earned a J.D. from the University of Nebraska College of Law and a B.S. in Agribusiness from the University of Nebraska–Lincoln.

Smith Pauley LLP has announced that Paul Weitzel has joined the firm as of counsel. Weitzel teaches at the University of Nebraska College of Law and previously practiced in Silicon Valley and the Middle East.

Vita Nova Maternity Community, a nonprofit serving pregnant women and young mothers experiencing housing instability, has named Jenn Tompkins as its new executive director. She most recently worked as executive director of philanthropy and engagement for the Jewish Federation of Omaha.

The Greater Omaha Chamber is a catalyst and connector, advocating for businesses small and large. Learn, share and grow with more than 12,000 professionals from 3,000 member businesses across Greater Omaha. Click HERE to see our latest events.

I spent the weekend at a family event, and one of my granddaughters was there with her newborn. It has been five decades since I have been in the presence of an infant and was surprised/shocked at the current upbringing methodology. My granddaughter’s doctor provided her with a strict formulaic schedule for the kid’s feeding and sleeping events. Unfortunately, the kid was not in a formulaic state of mind; he slept and ate if and when he wanted.

Now to the finance stuff. I spend a significant portion of my week talking to investors and investment professionals. A persistent topic of these discussions is the application of formulaic methodology in the investment decision-making process. This is nothing new, as it goes back for as long as I can remember, which is about a day and a half. (Pearl Baily circa 1963).

The most egregious of these is the archaic 40/60 stock bond split. It began life in the 1950s as asset allocation model. The rationale being that investing in assets with differing characteristics would create a portfolio that was less volatile than a total stock portfolio. This assumes that volatility is a bad thing and avoids altogether the question of how much a stable portfolio costs.

This formulaic approach begins with the assumption that bonds are safe, and in theory, this is a reasonable assumption. The problem is one that we constantly face during investment discussions. This is the theory, but I live and work in the real world. Academics live and work in a cloistered environment. The average (99.9 percent of the total) individual investor does not have access to individual treasury bonds and must rely on actively managed bond mutual funds and ETFs.

The operative word here is “actively managed” (Yes, I am aware that this is two words). In the actively managed environment, people are constantly adding to or exiting from the fund. This requires the fund manager to constantly buy and sell the assets of the portfolio. And they do not have to luxury of doing so only at opportune moments.

When interest rates go up, the value of a bond goes down. Over the course of the past five-to-seven years, we have been in a rising-interest-rate environment, and many “SAFE” bond funds have lost money because the managers were forced to sell bonds in order to cash out investors leaving the fund. This comes at a time when the stock market experienced double-digit gains.

Moral of the story is that using a mathematic formula to operate in an emotional environment is not the road to success. Maybe my granddaughter should ask the toddler if he’s hungry or sleepy?

For more thoughts on robo accounts, visit my podcast, Wall Street for Dummies.

Quantum Fiber in Omaha, Nebraska, is super-fast, reliable internet. We did away with data caps, bundles, and pricing gimmicks because you don’t want them. Instead, you get game-changing customer service, transparent pricing, and a powerful app for freedom, simplicity, and control over your internet. Quantum Fiber is what internet service looks like when it’s built for the world of you.

The Grow Omaha radio show broadcasts live every Saturday morning at 9:00, but now you can watch videos of each episode instead of just listening.

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