Remington Financial Group, Inc. - Secures Sale/Leaseback Financing: $9.4 Million for - 01/28/09 03:05 PM
Remington Financial Group, Inc. Secures $9.4M for a Manufacturing Client
A 40-year old, New Jersey-based manufacturer engaged Remington to restructure its existing defaulted financing and recapitalize the company's operations. The company, which included a 90,000 square foot office/manufacturing facility, had a long track record of generating profits. Three years ago it found itself in a precarious financial position after losing several top customers to competitors. The situation meant that the company ultimately put its bank financing in default.
RFG provided the company with a full range of financing options to correct its problems. Moving quickly to solve several problems at once, the … (0 comments)

Remington Financial Group, Inc. (RFG) - Secures 100% financing for Income Producing Property - 01/26/09 09:20 AM
Apartment Acquisition Equity and Debt Financing: Remington Financial Group and Its Lender Deliver 100 Percent Financing
A home builder based in New Jersey wanted to introduce income producing real estate properties as a means to diversify its real estate holdings. Most of the company's capital, however, was consumed by home construction and lot inventory; as a result the company did not have sufficient equity to acquire new real estate. What they did have was a contract of sale on a property. The builder, aware of RFG and its lending capabilities, contacted the company to coordinate the equity and debt in order … (0 comments)

Remington Financial Group, Inc. - (RFG) - Secures Mezzanine Financing for a $58 Million for 2200 Key Portfolio - 01/20/09 09:38 AM
Remington Financial Group Secures $58MM in Mezzanine Financing
One of Remington's most interesting and challenging deals was for one of the largest franchisees of a global hotel giant that spans six continents. The franchisee came to RFG to secure financing for a group of hotels with a total of 2,200 rooms located in Florida. From the beginning, Remington Financial Group faced seemingly insurmountable obstacles. Due primarily to their age, the hotels were unable to compete with newer properties going up nearby, and had drifted into bankruptcy. Moreover, the hotels were valued at only about $70 million, while they carried a first … (0 comments)

Remington Financial Group, Inc. - Closes a $3.5M - 128 Room Hotel Project - 01/19/09 09:15 AM
Remington Financial Group, Inc. Close Another $3.5M Tough Transaction
Challenge - The borrowers had an extremely short time frame for closing due to an immediate cash requirement of $3,000,000 for pre development expenses on another project.
RFG's Solution - To accommodate the short time line RFG secured a conditional commitment on a 1 year bridge loan with two 6 month options for $3,500,000 at 6.25% with no prepayment penalty. RFG secured the commitment within 14 business days of origination and closed on the transaction in less than two weeks.
With the borrower's immediate needs addressed, RFG will now look to refinance … (0 comments)

Remington Financial Group, Inc. - $7.5M Acquisition Finanicing - 01/16/09 09:46 AM
Remington Financial Group Secures $7.5M in Acquisition Financing.
Remington Financial Group Inc., structured and secured high leverage acquisition financing for the purchase of a name brand hotel company. The newly renovated 150-room hotel, which was purchased by a New Jersey based hotel investment and management firm, is centrally located at the crossroads of Connecticut.
The property was originally purchased by a NY-based private-equity group in late 2003 and was extensively renovated in 2004. Despite these upgrades, the property continued to under-perform expectations, showing a negative cash flow of $500,000 annually. In contrast, RFG Hospitality Capital and the investment and firm saw … (0 comments)

Remington Financial Group, Inc. - RFG - Secures $7.5 Million for Name Brand Connecticut-based property - 01/16/09 09:43 AM
Remington Financial Group Secures $7.5M in Acquisition Financing.
Remington Financial Group Inc., structured and secured high leverage acquisition financing for the purchase of a name brand hotel company. The newly renovated 150-room hotel, which was purchased by a New Jersey based hotel investment and management firm, is centrally located at the crossroads of Connecticut.
The property was originally purchased by a NY-based private-equity group in late 2003 and was extensively renovated in 2004. Despite these upgrades, the property continued to under-perform expectations, showing a negative cash flow of $500,000 annually. In contrast, RFG Hospitality Capital and the investment and firm saw … (0 comments)

Remington Financial Group, Inc. - Mezzanine Financing Available in 09' - 01/15/09 09:06 AM
Remington Financial Group, Inc. Has Mezzanine Financing Available for the Following Property Types:
Apartments & Mixed Use Assisted Care Facilities Business Investment Capital Business Loans without Real Estate Commercial Properties Special Purpose Properties;e.g. Car Washes Construction Loans Entertainment & Multi Media Equity/Debt; 100% Financing Equity & Working/Operating/Seed Capital Franchise; up to 100% Financing Hard Money; Interim Bridge Financing Hotels/Motels Land Development; up to 100% Mixed-Use Commercial Multi-Dwellings Non-Conforming Commercial Real Estate Office Buildings - Industrial &Retail Properties Retail Space About Remington Financial Group, Inc. (RFG)
Remington Financial Group has built its success upon well-established relationships with highly regarded domestic and foreign … (0 comments)

Remington Financial Group, Inc. - (RFG) - Joint Venture Opportunities in 09' - 01/14/09 09:28 AM
Remington Financial Group Joint Venture
Remington Financial Group (RFG), a veteran investment banking firm, secures financing of $1 million and up for commercial real estate projects. RFG has a track record of delivering money for slightly unconventional developments or properties. The company can look past a property's immediate problems and help owners realize the full profit potential on their investments.
RFG is known for securing financing on extremely complex deals with incredibly fast turnaround times. The company was founded in 1993, and over the past 15 years, has grown because of its quick understanding of a client's financing objectives and its … (0 comments)

Remington Financial Group, Inc. - (RFG) - Hard Money Options - 01/13/09 09:34 AM
Remington Financial Group, Inc. - Hard Money
Since 1993, Remington Financial Group, Inc. (RFG) has had a successful history of securing hard money capital and financial services to sophisticated real estate owners and developers nationwide.
RFG specializes in hard money loans, a higher-risk loan, which is usually based on the quick-sale value of a property. Hard money loans are often issued for financially distressed properties that carry greater risks that most conventional banks are not willing to absorb. RFG issues hard money loans in cases where there is sufficient collateral and a promising business or financial plan.
Securing financing for transactions … (0 comments)

Remington Financial Group, Inc. - RFG - Closing in 2009 - 01/12/09 09:31 AM
About Remington Financial Group, Inc.
For the past 15 years, Remington Financial Group has successfully provided capital and financial services to experienced real estate owners and developers nationwide.
Remington's success is built upon well-established relationships with highly regarded domestic and foreign based capital sources (both private and institutional). Our vast lender network, combined with market expertise and a highly disciplined due diligence and transaction process, means clients benefit from integrated, seamless financing with terms that are often superior to conventional approaches.
Remington works to provide customers with a clear picture of the status of their transaction, as well as any … (0 comments)

Remington Financial Group, Inc. - (RFG) - Still Funding Transactions in India Through 09' - 01/08/09 09:32 AM
Remington Financial Group - Why Real Estate Investors Should Consider India?
India is experiencing one of the strongest and enduring periods of economic growth and prosperity in the history of the financial markets. Their growth looks to continue unabated well into the next decade. Among the most attractive features for investing in India are numerous long-term investment opportunities that offer strong potential returns with limited downside risk. An influx of foreign capital has fueled a burgeoning middle class and increased land development.
Remington Financial Group (RFG) - Thoughts on the Real Estate Market in India.
Reliable estimates indicate that real estate … (0 comments)

Remington Financial Group, Inc. - (RFG) - Still Funding Hard Money Loans in 09' - 01/07/09 02:08 PM
Remington Financial Group - What is Hard Money?
A hard money loan is easily recognized by some distinguishing characteristics, most notably its ability to close quickly. Although a hard money loan typically carries a lower loan to value and more costly rates and fees, borrowers continually turn to this unique loan because most times it can move from start to close in 30 short days.
Loans often times must close quickly for any number of reasons. Sometimes the timing is a requirement to take advantage of a good price on a commercial property. Other times borrowers must meet fast closing dates … (0 comments)

Remington Financial Group, Inc. - (RFG) - Financing in Mexico During 2009 - 01/06/09 09:24 AM
Remington Financial Group, Inc Has The Ability to Fund in Mexico
Since 1993, RFG has provided capital and financial services to business owners, real estate owners and developers/builders around the globe, with services including originating, evaluating, structuring, preparing financing request packages, and assisting with negotiation and coordination of placement and the closing process. Focusing primarily on transactions from $1 million and up, RFG has employed a unique, highly disciplined transaction process that is different from many conventional approaches. Each transaction is customized to help our clients benefit from our distinctive brand of integrated financing. RFG's track record of completed transactions - including real estate, … (0 comments)

Remington Financial Group, Inc. - (RFG) - Very Optimistic About 2009 - 01/05/09 10:32 AM
About Remington Financial Group, Inc.
Remington Financial Group has built its success upon well-established relationships with highly regarded domestic and foreign based private and institutional capital sources. Our extensive lender network combined with market expertise and a highly disciplined due diligence and transaction process means our clients benefit from integrated, seamless financing with terms that are often superior to conventional approaches.
Throughout the due diligence and deal process, Remington works to provide customers with a clear picture of the status of their transaction and any fees. RFG proactively works to overcome obstacles before they become barriers to a successful close. Delivering … (0 comments)