About Us

Neonopolis Las Vegas

Joshi & Associates

The Joshi Story

Born in India August 31, 1946, Joshi attended St. Xavier's Boys Academy and St. Xavier's College in Bombay, prior to coming to the U.S. in 1964 for undergraduate studies.

Joshi enrolled at the University of Akron in Ohio where he earned his Bachelor's in Economics and completed his Master's degree in Business Administration.

Because the Indian Government had no foreign exchange for the U.S. dollar Joshi could not receive funds from India for his living expenses. Fortunately, Joshi had enough musical education that he was able to land a teaching job at a local music store. Thus began the Americanization of Joshi.

Joshi completed his college education while teaching music and playing music at local coffee houses at night. In return, he earned enough money to put himself through college, learn the English language and the ways of American family life. During his senior year of college, at the age of twenty-two, he bought the music store in which he taught. Fortunately, the father of one of his pupils was a bank president and helped Joshi obtain the required loan without collateral. With that loan Joshi's "Businessman's Dreams" were born.

In 1973, Joshi met Edward J DeBartolo, owner of the San Francisco 49ers and one of the largest real estate developers in the country. He suggested that Joshi become a tenant in shopping malls with Joshi's retail store R.J. Music. Over the next two years, Joshi opened and operated 11 music stores in DeBartolo's shopping malls across the East Coast.

In 1974, he sold his company to a NYSE listed company and under an exclusive contract he expanded retail operations to more than 160 stores in shopping malls throughout the U.S, Canada and Mexico. When his contract expired, Joshi decided to develop retail malls on his own, a natural progression. He contacted his good friend and developer Jack Jacobs in Chicago who agreed to work with him and "teach him the ropes."

Three years later Joshi was ready, and in 1979 at the request of K-Mart, Albertson, Sears and JC Penny, he moved to California and opened Joshi & Associates for the development of neighborhood, community and regional mall shopping centers. During the eighties, he employed over one hundred professionals to plan, design, finance, construct, manage and promote real estate in Washington, Oregon, California, Arizona, Utah and New York.

In the nineties, representing Costco, Wal-Mart, Home Depot and Smith's, Joshi & Associates embarked on Redevelopment Agency projects in California, Florida and Arizona, requesting repayment of sales tax revenues for financing acquisition and infrastructure development costs.

Joshi also assisted Price Club and Wal-Mart expansion into the interior of China, and negotiated Hong Kong's first publicly financed Disney Theme Park. This major project, with a complicated right-of-way, required the city purchase of 500 acres of the Bay of Lantau Island near the airport highway for Disney.

Currently, Joshi is actively promoting mixed-use projects, casinos and developing master plans for local and global developments.

Joshi & Associates

E-mail: rohit@rohitjoshi.com

Rohit Joshi

I have personally known Mr. Rohit Joshi since 1981. As a real estate lending officer for two other financial institutions in my prior employment, I have been directly responsible for direct lending to and arranging financing for Mr. Joshi's commercial real estate projects in th Pacific Northwest. Some samples of these include shopping centers in Albany, Salem, Springfield and Roseburg, Oregon and well as Tracy, California."

Wayne H. Lau

First Interstate Bank

Commercial Real Estate Division