TITLE

Free and easy loans a luxury no more

AUTHOR(S)
Gose, Joe
PUB. DATE
January 2008
SOURCE
National Real Estate Investor;Jan2008, Vol. 50 Issue 1, p57
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the impact of financial shortage on various real estate construction in the U.S. Luxury condominium developers work hard to find financing in the surplus debt market. To be sure for their gain, lenders do their business with developers they already have a relationship. According to experts, lenders are not demanding more pre-sales before giving financing for luxury condominiums.
ACCESSION #
28321895

 

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