Hard money. A term coined in the 1950s during the overhaul of the credit industry in the U.S. and Canada. These loans have been seen as a lifesaver for property investors seeking capital against the equity in their real estate holdings.
Saint Barthélemy, known as St. Barths is not just a getaway for the ultra-wealthy—it has become a major draw for real estate investors looking for lucrative opportunities. Housing some of the world’s most expensive real estate, on this small island of just over 10,000 people, villas can cost up to 5 million euros.