Deutsche Bank appears likely to take over the Cosmopolitan Resort Casino on the Las Vegas Strip.
Developer Ian Bruce Eichner has told The Wall Street Journal he was a "victim" of last year's credit crisis. The Journal says Deutsche Bank contributed close to $1 billion to the project, and two other lenders contributed $175 million.
Eichner is expected to forfeit involvement in the partially completed project, and it is not clear how much money the lenders will able to reclaim.