top of page

PITCH DECK

A logo for "Westside Residence" featuring two ornate, gold-colored keys crossed at the center against a deep navy blue background. The keys have intricate, swirling designs at the top and a classic key shape at the bottom. Below the keys, "Westside Residence" is displayed in an elegant, gold serif font, with "Westside" in larger letters and "Residence" in a smaller size underneath. The design conveys a sense of luxury, sophistication, and exclusivity.
A slide with a dark blue and white background featuring the Westside Residence logo in the top left corner. The center of the slide contains a circular image of two hands exchanging a blue credit card, with one hand giving and the other receiving. Below the image, a quote discusses economic circulation in different communities, stating that the dollar circulates 12 times in the Jewish community, 10 times in the Indian community, and only twice in the African American community. Developer Shlomo Meiri is quoted as saying, "It’s my goal to make it at least 3." The slide conveys a message of economic empowerment and local investment within the African American community.
A slide showcasing the Westside Residence project, with a dark blue and white background. The left side features the Westside Residence logo at the top and a circular image of the "Welcome to the Historic Westside" sign in Las Vegas, set against a sunset. The right side contains text under the heading "Opportunity," describing the Historic Westside's designation as an opportunity zone and the Westside Residence as a key residential component of the Harlem Nights project. The text highlights the project’s focus on community, cultural heritage, and modern living spaces designed to foster local pride and revitalization.
A slide titled "History of the Project Location" for Westside Residence, detailing the legacy of Town Tavern, a historic Black-owned casino and nightclub in Las Vegas. The text describes its founding in 1955 by Marie and Earl Turmon, its role as a cultural hub for Black entertainers after the Moulin Rouge's closure, and its hosting of legends like Nat King Cole, Sammy Davis Jr., and Dorothy Dandridge. It highlights the venue’s evolution, rebranding as "New" Town Tavern in 1959 and "Ultra New" Town Tavern in the 1990s before closing in 2013. The right side features a black-and-white historical photo of Town Tavern with its original signage, a man walking in the foreground, and a few people near the entrance. Below, vintage matchbooks from the venue are displayed, showcasing mid-century designs and casino advertisements.
A slide from the Westside Residence presentation featuring a dark blue and white background. The Westside Residence logo is in the top left corner. On the left side, a rounded rectangular image shows a young Black boy in a red and white shirt intensely focused on writing with a pencil, while a girl in a white tank top with braids works beside him. Papers, notebooks, and a blurred figure’s hand are visible on the wooden desk. On the right, the slide headline reads "HISTORIC NEWS: Developer Commitment to Community," followed by a statement detailing a groundbreaking agreement between the Historic Westside Community Leadership and the developer of Harlem Nights Casino, Jackson Hotel LV, and Westside Residence LV. The text highlights the developer’s commitment to donating 10% of all project profits to community initiatives, supporting cultural preservation, education, and economic growth in Las Vegas’ Historic Westside. A quote from the developer emphasizes the project's role in uplifting
A slide from the Westside Residence presentation titled "Community Benefit Package: Empowering Community Through Living Spaces." The slide has a dark blue and white background with the Westside Residence logo in the top left corner. On the left side, bullet points outline the project's commitment to allocating 10% of all net profits to community revitalization efforts. Listed key contributions include donations to economic development projects, faith-based and nonprofit organizations, local POC-owned businesses and schools, and scholarship foundations. Additional commitments involve partnering with the Nehemiah Project for affordable housing, supporting small business grants and educational pathways, and establishing a long-term cultural advisory board. The slide emphasizes the project's goal of building generational wealth and economic equity for the Historic Westside community. On the right side, a rounded rectangular image features a joyful Black family in a bright living room
A slide from the Westside Residence presentation titled "Live/Work Benefits: Creating Housing Opportunities for Our Workforce." It highlights priority housing for Culinary Union members, on-site living, a walkable community, and workforce stability. On the right, an image shows six young Black professionals in business attire, smiling and embracing in front of a modern glass building, reflecting a strong, engaged community.
8.png
9.png
10.png
10.png
12.png
A slide titled "A Commitment to Diversity, Equity & Inclusion (DEI)" for Westside Residence. On the left, a photo features a notepad with three colorful sticky notes labeled "Diversity" (pink), "Equality" (yellow), and "Inclusion" (green), with three colored pencils nearby. The right side lists commitments, including prioritizing minority-owned businesses, fostering cultural heritage, ensuring diverse hiring in construction and hospitality, and providing fair housing. The slide emphasizes that the project is about community empowerment, generational wealth, and inclusive development in Las Vegas.
EV Charging Stations" for Westside Residence, discussing plans to install 100 Level 3 EV chargers in the Historic Westside. On the left, two actual photos show cars parked along a street on a Sunday morning. The text highlights that the only nearby charging option is Las Vegas City Hall with 8 stations, while citywide, 1,304 public charging ports exist, with 72% being Level 2 and 28% being Level 3. The community impact section notes the importance of Sunday EV charging for residents and visitors, especially with many churches in the area.
EV Charging Stations" for Westside Residence, discussing plans to install 100 Level 3 EV chargers in the Historic Westside. On the left, two actual photos show cars parked along a street on a Sunday morning. The text highlights that the only nearby charging option is Las Vegas City Hall with 8 stations, while citywide, 1,304 public charging ports exist, with 72% being Level 2 and 28% being Level 3. The community impact section notes the importance of Sunday EV charging for residents and visitors, especially with many churches in the area.
Westside Residence Pitch Deck v15 (27).png
Westside Residence Pitch Deck v15 (29).png
A digital rendering of the Courtyard at Westside Residence showcases an open-air, multi-level urban retreat filled with lush greenery, vibrant flowers, and modern architecture. The space is designed with an abundance of plants, outdoor seating areas, and a central water fountain, creating a serene atmosphere. White patio umbrellas shade tables where people are enjoying meals and conversations. The surrounding buildings feature large glass windows and warm lighting, housing boutique retail stores, a cozy coffee shop, a stylish bar, and a signature restaurant. The text highlights the Courtyard’s role in fostering community, supporting local businesses, and providing a peaceful social space.
A group of five people pose in front of a blue backdrop featuring the "City of Las Vegas" logo. The individuals are dressed in a mix of formal and business casual attire. The first person on the left is a man in a brown suit with a black shirt, smiling. Next to him is an older man with a beard, wearing glasses, a black sweater, and a silver necklace. The third person, a woman, wears a black blazer adorned with gold pins, a black skirt, and black heels. The fourth person is a man in a blue suit with a white dress shirt and sunglasses, clasping his hands in front of him. The last individual on the right is a man in a white turtleneck sweater and tan pants. The text below highlights Shlomo Meiri as the developer, mentioning his experience in real estate projects in Sherman Oaks, Los Angeles, and Beverly Hills, including a 104-room hotel with commercial space.
A group of five people pose in front of a blue backdrop featuring the "City of Las Vegas" logo. The individuals are dressed in a mix of formal and business casual attire. The first person on the left is a man in a brown suit with a black shirt, smiling. Next to him is an older man with a beard, wearing glasses, a black sweater, and a silver necklace. The third person, a woman, wears a black blazer adorned with gold pins, a black skirt, and black heels. The fourth person is a man in a blue suit with a white dress shirt and sunglasses, clasping his hands in front of him. The last individual on the right is a man in a white turtleneck sweater and tan pants. The text below highlights Shlomo Meiri as the developer, mentioning his experience in real estate projects in Sherman Oaks, Los Angeles, and Beverly Hills, including a 104-room hotel with commercial space. A slide titled "Expected funding: 30%" features the Nevada Grant Lab logo at the top. The slide lists various potential gran
A slide titled "Affordable Housing Financial Toolkit" outlines city and state funding tools for housing projects in Las Vegas. City tools include HOME, Private Activity Bonds, RDA Set-Aside Funds, and CDBG grants. State tools include LIHTC, AAHTF, and Home Is Possible. The slide features a colorful layout with the Westside Residence logo and City of Las Vegas Neighborhood Services seal.
A slide titled "Tax Benefits" presents estimated tax deductions for the Harlem Nights Resort/Casino Development. It includes assumptions for a 2029 tax study, a 40% tax rate, and $600M in capitalized costs. The slide outlines estimated benefits from 179D deductions and combined cost segregation, with conservative and optimistic projections for depreciation, cash flow, and tax deferrals. The ICS Tax, LLC logo and contact information for David Ontaneda, Cost Segregation Senior Manager, are displayed. The Westside Residence logo is in the top left corner.
A slide titled "Tax Increment Financing" explains TIF rebates for infrastructure costs in Las Vegas redevelopment areas. The text outlines eligible expenses like roads, sidewalks, and utilities, and how tax increments are rebated. On the right, an image shows an unfinished high-rise interior with exposed ceilings, concrete floors, and large windows overlooking the city. The Westside Residence logo is in the top left corner.
A slide titled "Pace Loan Group, LLC" displays a letter addressed to Shlomo Meiri outlining loan terms for Harlem Nights LLC. The letter details loan amount, term, interest rate, and prepayment terms. A smaller graphic in the bottom left promotes C-PACE financing, highlighting long-term, fixed-rate, non-recourse loans with incentives for lower carbon construction. The Westside Residence logo is in the top left corner.
A slide titled "New Markets Tax Credits" explains the NMTC program, a U.S. Treasury-funded initiative for financing projects in low-income communities. The slide includes benefits, qualifying project examples, and success stories like the Historic Westside School renovation. Images depict the school, its courtyard, and a rendering of the Nevada Supreme and Appellate Courts. The Westside Residence logo appears in the top left corner.
A slide titled "Assembly Bill #528" features an excerpt from Nevada Assembly Bill 528, introduced by Assemblyman Yeager on June 2, 2023. The bill establishes a program to provide matching funds for projects aimed at preventing homelessness and assisting unhoused individuals. It was referred to the Committee on Ways and Means. The fiscal note states no impact on local government but an effect on the state budget. The Westside Residence logo is in the top left corner.
"Slide titled 'Opportunity Zone' with expected funding of $24,936,032. Text explains the Opportunity Zone Tax Incentive, created by the 2017 Tax Cuts and Jobs Act, encouraging private investment in low-income areas. A map of North Las Vegas highlights designated Opportunity Zones in various colors."
Westside Residence Pitch Deck v15 (23).png
Slide titled 'OZ Opinion Letter' featuring a letter from VF Law. Attorney Coni Rathbone expresses strong support for the Harlem Nights and Westside Residence projects, highlighting their historical significance and investment potential through the Opportunity Zone program.
Slide titled Residence Management featuring a letter from Yesenia Estremera of Signature Real Estate Group. The letter discusses property management experience and rental projections for the proposed 264 apartments at 600 Jackson Avenue. A photo on the left shows a well-dressed Black couple holding their child in a stylish modern interior.
Slide titled NVWIT Letter of Support featuring a letter from Nevada Women In Trades (NVWIT) in support of the Jackson Hotel Project. The letter, signed by NVWIT President Evelyn Pacheco, highlights the project's commitment to diversity and inclusion of women, especially women of color, in construction. It encourages the City of Las Vegas to approve the project.
Slide titled "Southern Nevada Building and Construction" featuring a letter of intent for the Harlem Nights Construction Project addressed to the Southern Nevada Building and Construction Trades Council. The letter confirms a labor peace agreement, committing to union labor for the project. On the right, an image of two construction workers in safety gear, one holding a laptop and the other giving a thumbs-up.
Slide featuring the second page of the Project Labor Agreement (PLA) for the Harlem Nights Construction Project. The document outlines commitments to union labor, responsible construction practices, and requirements for any future transfers or sales of the project. On the left, an image of a smiling construction worker in safety gear, holding a tablet and giving a thumbs-up.
Slide displaying the unit mix for Westside Apartment LLC, dated 12/31/2024. A table outlines the distribution of unit types: 44% two-bedroom, 50% one-bedroom, and 6% studio units. It includes square footage, rental rates per square foot, and gross adjusted rental income. The total square footage is 303,324 across 336 units, with an adjusted average rent of $2.59 per square foot. The slide has a dark blue and gold theme.
Slide displaying the project pro forma for Westside Apartment LLC. It includes financial projections, operating income, development costs, and funding sources. The document outlines revenue, expenses, and expected returns, with a breakdown of unit mix, rental rates, and total development costs. The slide follows a dark blue and gold theme with "PROJECT PROFORMA" in gold text.
Slide titled "OTHER INCOME" presenting the ancillary pro forma summary for Westside Apartment LLC. It details revenue streams such as covered parking, EV stations, coffee shop, clubhouse rentals, laundry, vending machines, and more. The table includes fees, costs, profits, and estimated monthly use, with a total projected monthly profit of $106,217. The slide follows a dark blue and gold theme.
Slide titled "OPERATING EXPENSES" displaying a financial breakdown for Westside Apartment LLC. It includes a detailed table of income, expenses, and net operating income (NOI). Expenses are categorized into payroll, utilities, landscaping, repairs, leasing, management, insurance, and real estate taxes. A pie chart visualizes the percentage distribution of expenses, with real estate taxes as the largest cost. The slide uses a dark blue and gold color scheme.
Slide titled "10 YEAR PROFORMA" displaying a financial projection for Westside Apartment LLC. The table outlines expected rental rates, income, expenses, NOI, and capitalization over ten years. A smaller section details the capital stack, showing equity sources including GP Equity, Opportunity Zone LP, Grants, PACE Equity, and Senior Debt. The layout uses a dark blue and gold color scheme.
Slide titled "10 YEAR SUMMARY" displaying financial projections for Westside Apartment LLC. The table includes unit mix, budget allocations, sources of funds, return on cost, and exit assumptions. It details total development costs, rental income, net operating income (NOI), and projected returns for general and limited partners. The layout follows a dark blue and gold theme.
Westside Residence Pitch Deck v15 (28).png
Final slide with a dark blue background and large gold text reading "THANK YOU," centered on the screen. A thin gold underline adds emphasis below the text.

Contact us

ACCESSIBILITY

bottom of page