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Monthly Archives: February 2011
Hoteliers Build on the Hipness Factor
By: By Kris Hudson and Alexandra Berzon / The Wall Street Journal
February 22, 2011
Entrepreneurs and impresarios are racing to develop a new generation of hotel brands with top-notch restaurants, thumping bars and lively lobbies to cater to stylish travelers.
Revisan últimos toques del Vanderbilt en Condado
By : Yalixa Rivera Cruz / El Nuevo Dia
February 21, 2011
El presidente de la cadena de hoteles Marriott International, Bill Marriott, estuvo de visita en la Isla para conocer personalmente las instalaciones del hotel Condado Vanderbilt en Condado, próximo a estrenarse.
SBA offers commercial real estate refinancing
By: CB Online Staff / Caribbean Business
February 18, 2011
Small businesses facing maturity of commercial mortgages or balloon payments before Dec. 31, 2012, may be able to refinance their mortgage debt with a 504 loan from the U.S. Small Business Administration under a new, temporary program announced Thursday.
PR permit data show construction pain
By : Jose L. Carmona / Caribbean Business
February 18, 2011
The island’s construction industry continues to show further deterioration as the value and number of construction permits slowed during the first two months of fiscal 2011 (July-August 2010) compared to the same period the previous year.
Real Estate Board delays implementation of new professional guidelines
By : Alexander Lopez / Caribbean Business
February 17, 2011
The Puerto Rico Real Estate Board has delayed implementation of the new professional guidelines for real-estate brokers, agents and firms that took effect Jan. 20.
Owner-financed real-estate transactions
By : Alexander Lopez / Caribbean Business
February 17, 2011
The current downturn in the island real-estate market has prompted property owners to consider alternative and creative strategies for selling their properties. One such strategy, owner financing, is possible when the property owner does not have a mortgage on his or her property.
Hotline set up for housing incentives
By : John Marino / Caribbean Business
February 17, 2011
The Fortuño administration was expected to announce Wednesday a new hotline for consumers interested in obtaining information on the 2011 Housing Stimulus program, known as Impulso Vivienda.
Is Puerto Rico ready for more shopping centers?
By: CB Online Staff / Caribbean Bussines
February 17, 2011
With annual retail sales topping $35 billion, Puerto Rico is often referred to as retail heaven by its own community of shopping-center owners and retail executives. Yet, for many stateside and Latin American investors, it has remained a best-kept secret. That is about to change.


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