Search Result for: mortgage

39 results found.

Haiti: US Government to Launch Mortgage Finance Project

Above: Port-au-Prince (CJ Photo) By the Caribbean Journal staff The United States government’s Overseas Private Investment Corporation will launch a new mortgage finance project in Haiti this week. The project, which was developed in partnership with the US Agency for […]

Bahamas Tackles Mortgage Delinquencies

Above: Housing Minister Kenneth Russell (BIS Photo) The Bahamas Mortgage Corporation is looking to reconstruct mortgage payments to count toward paying off the principal in a bid to reduce its 40 percent delinquency rate. “[The BMC is] still having about […]

Cayman Islands Real Estate Sales Top $250M in First Quarter

The Cayman Islands’ real estate market is off to a strong start so far in 2024, with sales volume topping $250 million, according to a new report from brokerage Provenance Properties. To access this content, subscribe now. Choose from two […]

How to Move to Barbados, Explained

While much of the real estate interest since the pandemic has focused on northern-area Caribbean destinations like The Bahamas, Turks and Caicos and the Cayman Islands, another island to the south has been seeing strong interest: Barbados, an island with […]

Condo Sales Drive USVI Real Estate Market Rebound

Entering the second half of the year, the U.S. Virgin Islands (USVI) recently released details on the first six months of business in 2023 courtesy of Christie’s International Real Estate US Virgin Islands office. To access this content, subscribe now. […]

The Climate for Caribbean Home Financing

By Joe Pike, Special Contributor to CJI To access this content, subscribe now. Choose from two tailored subscription options: Caribbean Journal Invest for comprehensive investment news or Caribbean Journal Travel Advisor for targeted content for travel agents and advisors. Subscribe […]

How to Move to Aruba, Explained

Braemar Completes $193M Acquisition of Ritz-Carlton Dorado Beach

Braemar Hotels and Resorts has completed its acquisition of the 96-room Dorado Beach, a Ritz-Carlton Reserve resort in Puerto Rico. To access this content, subscribe now. Choose from two tailored subscription options: Caribbean Journal Invest for comprehensive investment news or […]

A New Caribbean Five-Star Residential Resort Project

There’s a Real Estate Boom in Kingston, Jamaica

$61 Million Refinancing for Ritz-Carlton Reserve in Puerto Rico

Knighthead Funding has provided a $61 million first mortgage loan secured by Dorado Beach, a Ritz-Carlton Reserve in Puerto Rico. To access this content, subscribe now. Choose from two tailored subscription options: Caribbean Journal Invest for comprehensive investment news or […]

How Caribbean Real Estate Is Going Virtual

By Alexander Britell Beyond the ways the coronavirus pandemic has changed the way we move, shop and interact, it’s also changing the way real estate transacts. While much deal activity, particularly on the residential side, has slowed, the movement that […]

Mark Gaus on What’s Next for Real Estate in the Cayman Islands

By Alexander Britell, Editor-in-Chief, CJI It’s hard to imagine that there was a hotter real estate market in the Caribbean in recent years, with surging development from beachfront condos to residential resorts. So what’s next for Cayman in the midst […]

Dominican Republic, Panama Real Estate Heating Up

By the Caribbean Journal staff The Dominican Republic and Panama are the top Caribbean destinations for U.S. real estate investors, according to a report released this week by real estate company WIRE Consulting. WIRE examined the region’s real estate destinations, […]

How to Live on Harbour Island, Bahamas

It’s one of the most charming islands in the Caribbean: Harbour Island, the in-the-know high-end destination off the coast of North Eleuthera in The Bahamas, long a celebrity hotspot and favored haunt of travelers looking for beauty, authenticity and exclusivity. […]

How to Buy a Home in St. Croix

It’s one of the most beautiful places in the Caribbean: St. Croix in the U.S. Virgin Islands. And its location means that for U.S. citizens it’s a very convenient place to buy a vacation home or move. To learn more […]

How to Buy a Home in the Bahamas

If you’re looking to move to an island in the Caribbean, there is so much to think about, from the environment to the cost of living to the culture. And those are factors that can be vastly different from island […]

Jamaica Looks to Reform Real Estate Sector

The government of Jamaica is leading a push to reform the institutional structures relating to housing and to implement upgraded legislation for the operation and development of the real estate sector. During his keynote presentation at the Jamaica Mortgage Bank’s […]

SBE Acquiring Morgans Hotel Group

By the Caribbean Journal staff In what is one of the highest-profile hotel deals all year, Morgans Hotel Group has announced that it has entered into an agreement to be acquired by global hospitality company SBE. SBE will acquire Morgans’ […]

Ashford Prime Completes $64 Million Purchase of Ritz-Carlton St Thomas

Ashford Hospitality Prime has completed its purchase of the Ritz-Carlton St Thomas for $64 million, the company announced. Concurrent with the completion of the deal, Ashford has financed the hotel with a $42 million non-recourse mortgage loan. The property will […]

The Ritz-Carlton St Thomas Has Been Sold

The Ritz-Carlton St Thomas has a new owner. The property, which recently underwent a $22 million renovation, is being acquired by Dallas-based Ashford Hospitality Prime for $64 million from Marriott International. The deal for the 180-room hotel in the US […]

The Best Affordable Caribbean Hotels

By Sarah Greaves-Gabbadon CJ Travel Editor Getting away from it all shouldn’t have to mean spending it all. Here are a dozen cozy Caribbean roosts – all featuring rooms under $200 a night – where you can get your daily […]

Health Management in Jamaica

By Dennis Chung CJ Contributor THE world has, in recent weeks, been very concerned with the Ebola virus and more importantly, containing it. Here in Jamaica, we have been dealing with the effects of the chikungunya virus, more commonly referred […]

Bermuda Shipping Registry Opens New Office in London

Above: Bermuda By the Caribbean Journal staff The Bermuda Registry of Shipping has officially launched a satellite office in London. The registry, which is officially known as the Department of Maritime Administration, is located at the Bermuda London Office. The […]

Doing Business in Jamaica

By Dennis Chung CJ Contributor AS I stated in my last article, I believe that Jamaica can start seeing positive economic and social development with the current set of legislative and fiscal reforms we are seeing. However, for this to […]

Why the Caribbean Needs to Go Green

Above: a wind farm in Nevis (CJ Photo) By Michael W Edghill CJ Contributor NO, THE FOCUS of the following is not going to be on the impending doom of global climate change and the peril that island nations will […]

Mining, Construction Lone Bright Spots for Jamaican Economy

Above: the PIOJ press briefing By the Caribbean Journal staff While Jamaica’s economy continued its decline in the second quarter of 2013, there were some bright spots: mining, quarrying and construction, according to the Planning Institute of Jamaica. While the […]

Haiti Ratifies Investment Incentive Agreement With United States

Above: Haiti (CJ Photo) By the Caribbean Journal staff Haiti’s Parliament has ratified an Investment Incentive Agreement with the United States’ Overseas Private Investment Corporation. The agreement, which was officially ratified last month during a special joint session of Parliament, […]

Marriott Just Opened Its New All-Inclusive Concept in Cancun