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Saturday, February 9, 2013

Pordes Residential looks to Las Vegas Veers for opportunity

Aventura-based brokerage Pordes Residential has partnered with Ladder Capital Finance Holdings in the bulk purchase of 427 residences in the Veers Towers in Las Vegas.The seller was an affiliate of MGM Resorts International. Pordes announcement did not include a purchase price.The deal is interesting because it involves Mark Pordes company, a big player in local bulk sales, and because Miami was one of the most active condo-foreclosure markets in the nation, as did Las Vegas.So, the survivors http://feeds.bizjournals.com/~r/industry_21/~3/_Gu2yfmwOe4/pordes-resiential-looks-to-las-vegas.html @ uwad.com

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