<div id="subtitle">CityCenter developers offer seller financing to condominium buyers at Vegas Strip development</div><div><p>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.</p><p>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.</p><p>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.</p><p>The units are spread across four towers on the 67-acre development.</p><p>Bobby Baldwin, chief design and construction officer for Las Vegas-based MGM Mirage, told gambling regulators last month that more than 1,400 of the units were under contract.</p><img src="http://admatch-syndication.mochila.com/images/ad.gif?aid=65103022&bid=informcom" /></div><div id="copyright"><div>

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