At the Ragatz Conference two weeks ago the panel of experts on financing fractionals all came to the event with empty wallets.

In a prime example of how the frozen credit markets and funding markets are impacting business - none of the companies had current access to either developer financing or consumer financing.

In fact, Art Spaulding of Cox Castle Nicholson, the panel moderator, set the tone with his introductory remarks, by saying this was the first financing panels that he'd been on where none of the panelists actually had any funding available.

Having said all that the panelists expected their purse strings and the markets to open up eventually. Nico March of Wells Fargo was the boldest by saying "there is financing".

If you know of any sources please do discuss them in the fractional forums to let everyone know.