Las Vegas High Rise Condominiums 
News about Las Vegas luxury high rise condominiums such as City Center Las Vegas, Turnberry Towers, Sky Condominiums and One Queensridge Place in Summerlin Nevada.
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CityCenter to offer Financing for New Condominium Units
Wednesday, December 9th, 2009 at 3:52pm. 368 Views, 0 Comments.
Financing Uncertainties for CityCenter clearing up
Difficulties of obtaining financing for other Las Vegas High Rise Condominiums creates opportunity for developers of City Center Las Vegas to sell more units.
LAS VEGAS (AP) — Developers of the $8.5 billion CityCenter casino complex say they will offer seller financing to buyers of condominium and condo-hotel units at the development on the Las Vegas Strip.
CityCenter says lending firm Private National Mortgage Acceptance Company LLC, also known as PennyMac, will administer the financing program and also could lend to buyers.
The program comes after CityCenter owners MGM Mirage and Dubai World said they would reduce prices by 30 percent on the 2,440 units to help buyers close.
The units are spread across four…