Veer Towers virtually sold out with bulk sale of 427 units
21 December 2012
21 Dec. 2012 1:15 p.m.
A New York investment firm has paid $119 million cash for more than 60 percent of the condos at CityCenter’s Veer Towers. The bulk sale of 427 units to Ladder Capital, recorded Thursday in Clark County, means almost all the available inventory has been snapped up. The 37-story luxury high rises on the Strip are 98 percent sold, developers said today. The 11 remaining units are all penthouses. Ladder paid around $300 per square foot, while asking prices for individual buyers have started in the $500 range, said Tony Dennis, executive vice president of CityCenter Residential. About 320 of the ...
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