9. Resorts Casino Hotel
Loan balance: $115 million
Size: 11 acres
Location: Atlantic City, N.J.
When it expanded its operations in 1978 to include gambling, Resorts earned the distinction of becoming Atlantic City's first casino. Its position as the granddaddy of the New Jersey gambling circuit hardly insulated the property when the economy tanked. Faced with fewer visitors and declining gaming revenues, Resorts' mortgage troubles started to mount in late 2008. By the following fall it was embroiled in foreclosure proceedings, before finally handing over the keys to its lenders late last year.NEXT: The Watergate Hotel
