Las Vegas Review-Journal (Sunday)
THE LAST VEER PENTHOUSE
Unit 3603 in west tower listed for $1.9 million
Veer Towers stands out in CityCenter, with its two towers built at opposing 5-degree angles, its shiny golden-hue glass exterior, and being the only all-residential development within the multi-use project along the Strip.
The 37-story, two-tower development of 670 units seems to be standing out among prospective home buyers, too.
Since 2013, Pordes Residential has been dedicated to selling the 427 units that L V T Owner LLC purchased in a 2012 bulk sale from CityCenter Veer Towers Development LLC. As of Aug. 3, Pordes Residential has sold 337 units, with 42 closings in 2016 and another 10 pending, according to Jim Navarro, Veer Towers vice president of sales.
“Veer has been part of the Las Vegas housing market’s recovery. I worked in sales at Veer before the crash, and I was brought on after Pordes Residential re-introduced the property for sale,” said Darwin Dizon, Veer Towers sales director.
“I think one of the reasons why we have been so successful in sales is we have done a good job in reintroducing the properties we have to the market,” Dizon said, noting that inventory has been released for sale in phases, and each phase has included a variety of unit sizes and price points, locations in both towers and different vantage points.
Pordes Residential is selling studio and one- to three-bedroom units at prices ranging from $265,000 to $2 million.
“The market has improved tremendously and buyer confidence is shown in our rapid sales, but we are still selling lower than replacement value,” Dizon said.
Among the high-rise units remaining through Pordes