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| Mark Pordes |
LAS VEGAS–Two nationally recognized real estate companies
recently closed one of the largest bulk condominium purchases in the western
United States at the end of 2012.
A joint venture
between an affiliate of Ladder Capital Finance Holdings LLLP (“Ladder
Capital”), based in New York City, New York, and Pordes Residential Sales &
Marketing, LLC (“Pordes Residential”), based in Aventura, Florida, purchased
427 residential condominium units in Veer Towers from an affiliate of MGM
Resorts International.
“High-rise condos on
the Las Vegas Strip are a supply-constrained market, and the condos at Veer
Towers are in a fantastic location surrounded by world-class amenities,
including fine dining, casinos and entertainment,” stated Brian Harris,
Ladder Capital’s founder and CEO.
“We see premium
value in the Las Vegas condominium market,” said Mark Pordes, CEO of
Pordes Residential, who has over 25 years of experience marketing and selling
luxury condominiums in Las Vegas and South Florida. “The unique qualities of
Veer Towers and the worldwide appeal of Las Vegas make the offering attractive
in this market rebound.”
For a complete copy
of the company’s news release, please contact:
Pordes Residential Medial Contact:
Boardroom Communications
Julie Talenfeld
(954) 370-8999
Ladder Capital Media
Contact:
Brunswick Group
Gemma Hart
Andrew Roth
(212) 333-3810
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