As we are witnessing the long awaited restart of construction of new-homes the sales of the pre construction units are becoming one of the biggest hurdles in the path to obtaining a construction loan for developers.

With lenders acting more cautious than ever the developers not only are scrutinized to qualify for a construction loan but also have to seek the confidence of pre construction investors who are walking scared after the fiasco of the last crash of real estate market.

As we are nearing the end of an era that witnessed one of the worst collapses in commercial real estate market, the smart investors are emerging to take advantage of the rock bottom prices.

Although the credit tightness has been a detouring factor in the past but finally commercial lenders are slowly and ever so cautiously opening their doors to new loan applications. This could be the fuel necessary to ignite the weak flames of construction industry.

The luxury property market caters to buyers with a discriminating taste and developers who are specialized in construction of custom developments.

There are many large and small real estate firms with local, national and international presence. As a boutique real estate firm, with offices and affiliates in US, EU, Middle East and South Africa, we have been trusted by many developers and homeowners alike.