Even though there was some slight downturn in the mortgage market in United States, the Caribbean real estate continues to develop. Based on the Fortress Caribbean Property Fund chairman, Geoffrey Cave; who said that, according to the fund's performance in the year 2007, the net profits reached 41 percent, from $5.2 million to $7.3 million. In the financial year 2007, the investment experts considered about 18 purchase opportunities, which included one in Canouan, one in St. Lucia, and two in Antigua and others in Barbados. These purchase opportunities included investments in retail malls, official buildings, resorts and cruise terminal.