OZ Pitch Day - Nov 14th
OZ Pitch Day - Nov 14th
Integris DLV Opportunity Zone Fund
The Integris DLV Opportunity Zone Fund seeks to raise up to $25 million in investor capital to help finance the development and ownership of Dream Las Vegas, a high-end hotel and casino located on the Las Vegas Strip. This capital will be paired with other debt and equity sources to fund the $545 million project. Situated on a 5.25-acre site within a Qualified Opportunity Zone (QOZ), the project offers prospective investors the opportunity to defer and reduce capital gains for federal income tax purposes, making it an attractive option for those seeking tax-advantaged investment opportunities.
Dream Las Vegas will be a 20-story luxury hotel, featuring 525 rooms and suites, food and beverage venues, a pool and day club, retail shops, and a full-service fitness center. The casino will span 26,000 square feet with 250 slot machines, 20 table games, and a sports book. In addition, the property will include 280,000 square feet of parking with 825 spaces. Conveniently located less than a mile from Mandalay Bay Resort and just a short distance from McCarran International Airport, the hotel will be strategically positioned near key Las Vegas attractions, including Allegiant Stadium, home of the NFL’s Las Vegas Raiders, and T-Mobile Arena, home of the NHL’s Vegas Golden Knights.
Open To Investors
- Sector(s): Hospitality & Hotel