John Barrette

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March 20, 2013
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Berkadia chief’s comment stirs debate about pros, cons of right-to-work

Positive comments about right-to-work state status from the head of a business tied to billionaire Warren Buffett brought mixed yet muted Northern Nevada reactions. Hugh Frater, who heads Berkadia Commercial Mortgage LLC, said apartments in states with right-to-work laws might fare better than property elsewhere. He zeroed in on such states in the Southeast, contrasting them with what he called old industrial hub states. Nevada is a right-to-work state but isn’t in the Southeast and hasn’t been a magnet for major industrial concerns. Ray Bacon of the Nevada Manufacturers Association, a right-to-work supporter, said there is huge confusion about the …

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The Nevada Appeal Updated Mar 20, 2013 02:02AM Published Mar 20, 2013 01:48AM Copyright 2013 The Nevada Appeal. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.