May 22, 2012

Real estate investment trusts report large losses – Las Vegas Sun

Real estate investment trusts report large losses - Las Vegas Sun

Real estate investment trusts report large losses
Las Vegas Sun, NV
By Steve Green A pair of Las Vegas real estate investment trusts operated by businessman Michael Shustek are reporting big losses for 2008, as the recession pushed numerous borrowers into default. Vestin Realty Mortgage I Inc. said it lost $21.5 ...