LAS VEGAS-Managers of the Residences at Mandarin Oriental, Las Vegas, which occupies the upper floors of the award-winning hotel, have reached a sales milestone, having moved 74 units comprising more than $76 million to date in 2013.
CityCenter Residential saysthe momentum is a testament to the resurgence of the luxury real estate market and to the value proposition, afforded by Mandarin Oriental, ideally situated at the gateway to ARIA Resort & Casino and The Shops at Crystals.
“We're excited to be at the forefront of this market momentum, which, together with our new pricing and cash incentives for quick closings, has helped us achieve an unprecedented increase in sales,” said Tony Dennis, executive vice president of CityCenter Residential. “The Residences at Mandarin Oriental, Las Vegas is the market leader and offers unmatched value. With limited inventory, increasing interest rates and an upswing in sales, now is the ideal time to make a move and live at the heart of The Strip.”
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
