Desert Capital Real Estate Investment Trust, a publicly reporting hard-money lender based in Henderson, says it may be unable to continue in business.
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Oil prices on Monday fell to their lowest point so far this year and are down about 20 percent in just two weeks as investors worry about the ripple effects of a debt crisis in Europe.
Station Casinos posted a net loss of $53.5 million in the first quarter, a morning filing with the Securities and Exchange Commission shows.
The Riviera’s parent company posted a first quarter net loss of $4.5 million as the company continues to battle declining revenues at the north Strip property, a morning filing with the Securities and Exchange Commission shows.
