Friday, Feb. 26, 2010 | 6 a.m.
Current job: Co-owner and CEO, Luxury Suites International, RE/MAX Properties, Assevia and Hottie Haute
Education: Harvard University, master of business administration and management; University of Alabama, master of arts in advertising and public relations, and bachelor’s degree in hotel and restaurant management
About Candace Bailey: When Candace Bailey moved to Las Vegas eight years ago to assume the position of public relations manager at the Venetian, she began investing in real estate on the side. Eventually her past time proved more lucrative than her day job, prompting her to co-launch RE/MAX Properties – a full-service real estate brokerage and property management firm – in 2006 and Luxury Suites International, which manages more than 200 upscale condo/hotel properties, the following year. But once Bailey was bitten by the entrepreneurial bug, she was unstoppable. In spring of last year she co-founded Assevia, a global asset disposition corporation that facilitates the transaction between investors buying bulk real estate-owned properties from banks. Four months later, online women’s clothing boutique Hottie Haute was also up and running. Not bad for a Harvard MBA holder who admits to having little ambition to attend college or work when she was younger. Bailey – a member of the Nevada Women’s Philanthropy organization and a recent participant in a 60-mile breast cancer walk to raise awareness and funds for the Susan G. Komen Foundation – now manages four successful companies that have all sustained annual growth of roughly 75 percent.
The most important issue facing the valley: The economy. With the tourism being down that’s what drives our market.
My mentor and why: My father. I learned a lot about business growing up and watching him succeed.
Favorite Web site: www.usatoday.com
Hobbies: Traveling and spending time with family and friends.
Fantasy job: You know the people who sit on the beach renting out the Jet Skis? That would be it.
One-word description of self: Driven