Las Vegas saw more than $120 million in commercial loans go into default in November, including the Rainbow Promenade shopping center at 2051 N. Rainbow Blvd., according to a report from Nevada Title Co. JP Morgan is the original beneficiary of the $37.9 million loan.
Shares of Las Vegas-based companies posted modest gains on Friday as the Dow Jones industrial average gained 44 points.
A member of the Saudi Arabian military in the U.S. for a training mission has been charged with raping a boy in a Strip hotel on New Year’s Eve.
