by Nico F. March

With the meltdown of the financial markets in 2008, the residual carnage has been widespread and painfully felt by all of us. Many developers, management companies and service providers have closed down or for the foreseeable future, put on hold or severely curtailed plans for new resorts and project developments. Even some major players have been affected, with decreased sales, reduced marketing programs and lack of financing alternatives for their prospective customers.

Right now, “Cash is King.” Thankfully, buyers are still buying, the economy is recovering and the good news is that the lending window will more than likely open again and funding will be available. That is, for those that are financially viable, qualify and know how to position themselves in a new world environment. For those of us focused on the future, the glass is truly “half full.” The question you should be asking yourself today is “How can I position my business to be at the front of the line?” when the lending window opens up again.

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Tags: ARDA, brokerage, cash flow, consolidation, economy, financial, Nico F. March, services, The March Group of Wells Fargo, trustee, Wells Fargo Advisors