This article also has some information about financing, although it's been known since fall 2008 that the Lehman Brothers collapse was responsible for the work stoppage at the site.
Here is a link from last Friday's Desert Sun newspaper that talks about the current status of the Ritz Carlton. Be sure to print it today since they only have a 7 day archive for viewing past articles. If you can't access it I can email you a copy of the article.
Carolyn Voet, ePRO
Committed to Excellence
Windermere Real Estate
760/774-6510 (cell) http://www.carolynvoet.mywindermere.com