SACRAMENTO-Once the richest state in the nation, California now has the worst credit rating in the country and a cash shortfall not seen since the Great Depression.

DENVER-The deal represents approximately half of the $840 million in gross proceeds the distribution REIT generated in the second quarter through asset sales and contributions.

DENVER-The deal represents approximately half of the $840 million in gross proceeds the distribution REIT generated in the second quarter through asset sales and contributions.

LAS VEGAS-The borrower, which lost control of the asset to a court-appointed receiver in March, has been in default for the past year and now owes $67 million on a $56-million loan.

SAN FRANCISCO-A preliminary proposal calls for a public-private partnership with TMG Partners and Rreef, owners of the existing buildings the expansion would replace.

SAN FRANCISCO-A preliminary proposal calls for a public-private partnership with TMG Partners and Rreef, owners of the existing buildings the expansion would replace.

LAS VEGAS-MGM Mirage convinces accountants there is no longer 'substantial' doubt about the company's ability to persist while Station Casinos seeks another deadline extension.

LAS VEGAS-MGM Mirage convinces accountants there is no longer 'substantial' doubt about the company's ability to persist while Station Casinos seeks another deadline extension.