A joint venture between Aventura-based Pordes Residential Sales & Marketing in Aventura and Ladder Capital Finance in New York has purchased 427 units in Last Vegas’ Veer Towers from MGM Resorts International. The joint venture, LVT Owner, paid $119 million for the properties, which are part of 669 total units at Veer Towers. Most of the other units have been sold. LVT intends to lease and sell units; the property is currently 75 percent leased. [more]![]()
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