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Integris Real Estate Investments launches OZ fund
Real Estate - JANUARY 21, 2022

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Integris Real Estate Investments launches OZ fund

by Andrea Zander

Integris Real Estate Investments — a sponsor of direct real estate investments for private investors, registered investment advisors and family offices — has launched Integris DLV Opportunity Zone Fund. The qualified-opportunity-zone fund seeks to raise as much as $25 million in investor capital for the ground-up development and ownership of the Dream Las Vegas, a hotel and casino on the Las Vegas Strip.

Located in a qualified opportunity zone, the Dream Las Vegas project offering may provide potentially advantageous tax benefits to investors. The fund offers prospective investors an opportunity to defer and reduce capital gains for federal income tax purposes pursuant to an investment in a qualified opportunity zone.

Now in pre-construction and design phase, the 19-story Dream Las Vegas is at 5051 Las Vegas Blvd. It will feature 526 luxury rooms and suites, casino gaming, food and beverage venues, a pool and day club, retail venues and a full-service fitness cente

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