Joel's Blog

Remington Financial Group, Inc. - Has Been Securing Funding For Over 16 Years

Joel Nathanson (Remington Financial Group, Inc) — Tue, 03 Nov 2009 09:34:26 -0600

About Remington Financial Group, Inc.

Remington Financial Group has direct access to capital sources and has since 1993 built a successful track record of securing the most challenging debt, mezzanine, and equity capital transactions in the US and internationally.

Remington has an experienced and innovative advisory service team with the highest integrity. Clients rely on Remington to be their best access to commercial capital.

The firm is highly regarded for its integrity, creativity, and advocacy on behalf of its broker network and clients.

Throughout due diligence, Remington provides clients with the status of their transaction and proactively works to overcome obstacles before they become barriers to a successful close.

Delivering exceptional service throughout the financing process, Remington offers a variety of creative financing options with highly competitive rates for conventional financing, hard-money loans, bridge loans and construction loans.

Remington has the industry's most experienced Capital Markets Group. We spend every working hour finding and vetting new alternatives to traditional bank financing. Remington has global capabilities, with minimum loan amounts of $500,000 in the US and $5,000,000 for international transactions.

At Remington you'll find the most skilled professionals and private investors. We turn problematic transactions into closings.

Remington Financial Group, Inc. - Available Programs

Senior Debt

All Property Types and Corporate Purposes
$500,000 Minimum in the US and $5,000,000 Internationally
Acquisition, Development, Construction, Construction to Permanent, Rehabilitation, Bridge, Refinance

Mezzanine Debt

All Property Types and Corporate Purposes
$500,000 Minimum in the US and $5,000,000 Internationally
Aggregate Leverage up to 85%
Acquisition, Development, Construction, Construction to Permanent, Rehabilitation, Bridge, Refinance

Preferred Equity

All Property Types and Corporate Purposes
$500,000 Minimum in the US and $5,000,000 Internationally
Acquisition, Development, Construction, Construction to Permanent, Rehabilitation, Bridge, Refinance

Equity

All Property Types and Corporate Purposes
$500,000 minimum in the US and $5,000,000 Internationally
Acquisition, Development, Construction, Construction to Permanent, Rehabilitation, Bridge, Refinance

Joint Venture Financing

All Property Types and Corporate Purposes
$500,000 minimum in the US and $5,000,000 Internationally
Active Investment
Acquisition, Development, Construction, Construction to Permanent, Rehabilitation, Bridge, Refinance

Remington Arranges Specialized Financing For The Following Property Types and Business Purposes:

Land
Industrial
Multifamily
Office
Retail
Mixed Use
Hospitality
Medical Office
Healthcare Facilities
Senior Housing
Student Housing
Special Purpose
Restaurant
Self Storage
Manufactured Home Parks
Business Working Capital
Business Investment Capital
Entertainment & Multimedia
Franchises
Bridge Loans
Business Loans without Real Estate
Hard Money

Remington Financial Group, Inc. - Loan Process

Remington Financial Group brings unique insight, strategy, and experience to the dynamic process of capitalizing real estate and other business transactions. With expertise across the capital stack from debt to sponsor equity, Remington develops and executes financial structures that enhance value.

Our process supports the success of our clients.

Submit business plan / executive summary.
Pre-qualification determination process - project is reviewed and evaluated resulting in:
The project being accepted,
Proposed revisions being issued for the project, or
The project being declined
Lender / Investor conceptual interest is obtained along with projected terms and the proposal is issued.
Due-Diligence document checklist of typically requested data is prepared and sent to client
Analysis of all documents, preparation and packaging of the data for submission to designated lender/investor; formal due-diligence commences.
Term Sheet/Conditional Commitment and/or Firm Commitment issued.
After Term Sheet/Conditional Commitment and/or Firm Commitment are accepted, we will deliver a site visit and market analysis.
Closing | Capitalization | Funding

Remington Financial Group, Inc. - Announcing Distressed Owner Recapitalization Program

Joel Nathanson (Remington Financial Group, Inc) — Tue, 27 Oct 2009 09:32:07 -0500

Remington Financial Group, Inc. - Addresses Liquidity Crisis

Andy Bogdanoff recently addressed a meeting of industry representatives: "The commercial real estate industry is a disaster waiting to happen. With $1.2 trillion in commercial debt due to mature by 2013 and with U.S. banks in a deep liquidity crisis, real estate owners across the country are between a rock and a hard place."

Remington is doing something about it. To assist distressed owners, Remington will be announcing a new nationwide "investor-driven" recapitalization program that relies on private rather than banking sources of capital. We'll be leveraging our second-to-none access to commercial capital to support you and your clients in a tough situation.

"The new program ties together the expert capital advisory services of Remington with a nationwide network of well-funded private investors that are ready, willing, and able to recapitalize troubled commercial real estate assets."

Remington Financial Group, Inc. - Expert Advisory Services

Key to successfully closing even the most complex and challenging commercial financing transactions can be summarized as follows:

Knowledge of the market.
Experience in solving even the most problematic projects.
Creativity in restructuring transactions.
Ready access to hundreds of active capital sources.
Commitment to pull it all together.

The advisory services at Remington Financial Group combine all five attributes needed for success in today's tight market, especially for those commercial projects unable to obtain debt, mezzanine, or equity capital from conventional sources. Those companies most likely to benefit from our services include those:

Currently restructuring.
Emerging from bankruptcy.
Needing recapitalization.
Considering leveraged acquisitions.
On a tight timeline to access capital.

At Remington, our knowledgeable and experienced team of experts works closely with clients to evaluate and creatively restructure transactions into new financing opportunities. Combining this insightful advisory service with the strong relationships we have developed with hundreds of active funding sources, clients of Remington gain the industry's best access to competitive commercial capital available today.

Remington Financial Group, Inc. - Has Access to Over $500M in Hard Money Financing

Joel Nathanson (Remington Financial Group, Inc) — Tue, 13 Oct 2009 09:19:52 -0500

About Remington Financial Group, Inc. - What's Happening in the Capital Markets

A supply and demand imbalance in the commercial real estate capital markets will provide investors with an unprecedented opportunity to generate equity-like returns for debt investments. This same imbalance presents Remington with an opportunity to assist more distressed developers and owners who seek financing.

The Liquidity Crisis

The supply of commercial real estate debt has shrunk dramatically, especially in the US. According to the Mortgage Bankers Association, CMBS represents some 20% of all commercial loans. Further compounding the liquidity problem is the fact that most commercial banks are not in a position to extend credit to new borrowers because they are struggling to manage their deteriorating commercial loan portfolio.

Remington Financial Group, Inc. - Why Use Hard Money

In the US alone, some $1.2 trillion in commercial loans is estimated to mature in the next four years. This significant demand causes the imbalance.

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 higher 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.

Why would a borrower need to close a loan in 30 days? It turns out there are many reasons that a quick turn around might be necessary. Two examples include:

Taking advantage of a low cost property

A borrower is aware of a piece of available property that is near the site of a soon-to-be-built shopping center. The land owner will sell the property at a lower cost, but only if the deal can close in the next 30 days. By securing a hard money loan, the borrower will pay higher rates and fees, but can close quickly knowing that she will earn a significant return in a year when the shopping center's construction is complete and the land's value has increased.

Avoid foreclosure

An individual's lender is about to foreclose on his property unless he can repay a certain amount within a short time period. The property is worth $10 million and the borrower owes $1 million against it. If the property is foreclosed upon, all of the property's equity will be lost. Although a hard money loan carries high fees and rates it enables the borrower to meet the aggressive repayment timeframe and save the equity in the property.

Remington Financial Group, Inc. - Has Access to Over $500M in Hard Money for Distressed Owners

Joel Nathanson (Remington Financial Group, Inc) — Tue, 13 Oct 2009 09:16:02 -0500

About Remington Financial Group, Inc. - Hard Money

Since 1993, Remington Financial Group, Inc. 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 starting at $1 million and moving upward, RFG offers an extensive network of private and public lending partners, dramatically improving successful close rates for borrowers in need of a fast closing loan. With a successful track record of closing hard money transactions, Remington delivers expertise and competitive transaction options, even in challenging market conditions.

Hard money loans may be issued for any range of non-traditional properties or non-traditional borrowers - including property owners who may have missed a mortgage payment or real estate developers that are looking for immediate action.

RFG is interested in securing financing for companies that operate in expanding market sectors, such as manufacturing, resource development and service providers. Remington will consider securing financing on a diverse variety of commercial properties, including mixed-use, apartment buildings, assisted care facilities, business investment capital, corporate loans, real estate, special purpose properties (such as car washes), construction loans, hotels, land development, retail, office or industrial properties.

Remington Financial Group, Inc. - Why Use Hard Money

In the US alone, some $1.2 trillion in commercial loans is estimated to mature in the next four years. This significant demand causes the imbalance.

Why would a borrower need to close a loan in 30 days? It turns out there are many reasons that a quick turn around might be necessary. Two examples include:

Remington Financial Group, Inc. - Loan Process

Submit Business Plan / Executive Summary

Pre-qualification determination process - project is reviewed and evaluated resulting in:

the project being accepted
proposed revisions being issued for the project
the project being declined

Lender / Investor conceptual interest is obtained along with projected terms and the proposal is issued

Due-Diligence document checklist of typically requested data is prepared and sent to client

Analysis of all documents, preparation and packaging of the data for submission to designated lender/investor;
formal due-diligence commences

Term Sheet/Conditional Commitment and/or Firm Commitment issued

After Term Sheet/Conditional Commitment and/or Firm Commitment are accepted, a site visit and market analysis will commence

Closing | Capitalization | Funding

Remington Financial Group, Inc. - Obtaining Capital in Tough Times

Joel Nathanson (Remington Financial Group, Inc) — Fri, 09 Oct 2009 11:21:29 -0500

Remington Financial Group, Inc. - Obtaining Capital in Tough Times

Despite word that the recession is over, the economy is still suffering and businesses are keeping a wary eye on the markets for additional signs of hope. Finding funds for new transactions has required extra creativity, and Remington Financial Group has been able to work our traditional and alternative funding networks to continue helping clients.

Remington has built a reputation for securing financing even when many institutions are saying no. We know how to find financing for borrowers that have had trouble getting it elsewhere. Because we have lending partners that are private, they are not overused and traditionally have financing dollars available for reputable commercial deals when traditional lending sources do not.

The fact that our lending sources have available credit means that we can help brokers broaden their reach and be more successful. With Remington, brokers can close more deals that make money for all parties. We've been getting the toughest transactions financed since 1993, and the value of our services increases in tough times like these.

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.

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 exceptional service throughout the financing process, Remington offers a variety of creative financing options with highly competitive rates.

Representing clients exclusively, Remington carefully manages the formation of all tiers of capital so they are structured and tailored to each unique transaction. This process saves clients time and money while significantly reducing transaction risk. Time and again, Remington has delivered refined capital solutions to complex transactions where other sources were unable to execute at all.

Remington can help revitalize existing deals that may be at risk with expert Advisory Services or assist with a comprehensive set of Financing Programs including origination, evaluation, transaction structuring, preparation and underwriting, negotiations and coordination of placement and closing processes.

Remington Financial Group, Inc. - Has Capital for Distressed Owner and Debt Transactions

Joel Nathanson (Remington Financial Group, Inc) — Fri, 02 Oct 2009 10:22:34 -0500

Remington Financial Group - Advisory Services

Remington's expertise and market knowledge can help revitalize existing deals that may be at risk. Our firm's Advisory Services, as well as our comprehensive Financing Programs including origination, evaluation, transaction structuring, preparation and underwriting, negotiations and coordination of placement and closing processes.

Remington Financial Group's expert Advisory Services help clients carefully review and redesign transactions that may have existing financing challenges. RFG's team develops advanced strategies to create new and alternative financing opportunities that can help supplement or replace conventional lending sources.

Remington's borrowers gain the advantage of a comprehensive perspective from which to choose the widest range of financing products available because of the firm's access to the latest and most competitive capital sources on the market.

Remington Financial Group can also make introductions to capital sources that can meet the unique demands of specialty and challenging transactions. Companies that are currently restructuring or emerging from bankruptcy and are in need of recapitalization, or considering expansion through leveraged acquisition, will greatly benefit from our experience and insightful guidance through complex transactions.

Remington Financial Group, Inc. - Financing Programs

Senior Debt/Equity Financing

All Property Types
$1 Million and up
Acquisition, Development, Refinance, Bridge, Principal Buyout, Special or Story Situations

Mezzanine/Bridge Loan Financing

All Property Types
$1 Million and up
Aggregate Leverage up to 85%
Loan Term up to 8 Years
Amortization up to 25 Years
11% - 14% Annual Interest Rate
Non-recourse Subject to Carve-outs

Joint Venture Financing

100% Financing
Construction, Developments & Acquisitions
$1 Million and up

Multifamily

Existing Apartment Properties with 5+ Units
Mobile Home Parks
Limited Mixed Use
$1 Million and up
Nation Wide
6 month, 3, 5, 7, & 10 Year Fixed Terms
15-year Fixed Fully Amortized
Bank Rates
Minimum DSC 1.20
80% LTV for Purchase, Rate & Term Refinance
75% LTV for Cash-out Refinance

Remington Financial Group, Inc. - Loan Process

Submit Business Plan / Executive Summary

Pre-qualification determination process - project is reviewed and evaluated resulting in:

the project being accepted
proposed revisions being issued for the project
the project being declined

Lender / Investor conceptual interest is obtained along with projected terms and the proposal is issued

Due-Diligence document checklist of typically requested data is prepared and sent to client

Analysis of all documents, preparation and packaging of the data for submission to designated lender/investor;
formal due-diligence commences

Term Sheet/Conditional Commitment and/or Firm Commitment issued

After Term Sheet/Conditional Commitment and/or Firm Commitment are accepted, a site visit and market analysis will commence

Closing | Capitalization | Funding

Remington Financial Group, Inc. - Your Best Access of Capital for Distressed Owner and Debt Opportunities

Joel Nathanson (Remington Financial Group, Inc) — Fri, 02 Oct 2009 10:17:33 -0500

Remington Financial Group, Inc. - What's Currently Going on in the Marketplace

The Liquidity Crisis

About Remington Financial Group

Remington Financial Group - Expert Advisory Services

Remington's expert Advisory Services help clients carefully evaluate and restructure transactions that may have existing financing challenges. Our team develops advanced strategies to create new and alternative financing opportunities that can help supplement or replace conventional lending sources.

By providing our clients with access to the latest and most competitive capital sources the market has to offer, RFG's borrowers gain the advantage of a comprehensive perspective from which to choose the widest range of financing products available.

Remington also offers quick access to capital sources that can meet the unique demands of specialty and challenging transactions. Companies that are currently restructuring or emerging from bankruptcy and are in need of recapitalization, or considering expansion through leveraged acquisition, will benefit significantly from our experience and insightful guidance through complex transactions.

Remington Financial Group, Inc. - Closes $1,580,000 RV Park in Southeastern Michigan

Joel Nathanson (Remington Financial Group, Inc) — Thu, 24 Sep 2009 10:06:14 -0500

Remington Financial Group, Inc. - Your Best Access to Commercial Capital

Since 1993 Remington Financial Group has built a successful track record of closing the most challenging debt, mezzanine, and equity capital transactions. Our clients receive the best access to commercial capital. We have strong connections to hundreds of actively-lending funding sources across the capital stack. The experienced team at Remington develops and executes financial structures that turn problematic transactions into closings.

The Challenge

The property owners needed to make facility upgrades to reverse declining sales. The RV Park had adequate cash flow and a solid financial history, but property values were steadily declining, leading to a loss of equity that forced most lenders to back away. Of additional concern was that Michigan had one of the hardest hit economies in the country, encouraging lenders to abandon the market. In addition, the RV industry had taken a significant hit over the past few years as disposable income of many RV enthusiasts had dwindled. Finally, the existing lender was calling the owner's note due to banking difficulties.

Solution by Remington Financial Group

Through creative modifications to our client's business plan and using our extensive network of lenders and investors, Remington acted as a financial advisor to restructure the transaction and put it in the best light. As a result, on behalf of our client we secured a $1.58 million SBA 7(a) loan with all SBA fees eliminated. The loan was priced at prime plus 2.5%. The LTV was 90% and the loan fully amortizes over 25 years. Our client and the lender were both pleased, and the transaction closed with little or no complications.

For More Information about Remington Financial Group's Closings Please Visit www.remingtonfinancialclosings.com

Remington Financial Group, Inc. - Annouces The Following Closing

Joel Nathanson (Remington Financial Group, Inc) — Thu, 24 Sep 2009 10:02:19 -0500

Remington Financial Group, Inc. - Closes $1,580,000 RV Park in Southeastern Michigan

The Challenge

Solution by Remington Financial Group

Remington Financial Group, Inc. - Your Best Access to Commercial Capital

To See More Information about Remington Financial Group, Inc. Please Visit www.remingtonfg.com

Remington Financial Group, Inc. - Provides Clients Financial Expertise and Access to Capital

Joel Nathanson (Remington Financial Group, Inc) — Tue, 15 Sep 2009 10:46:14 -0500

About Remington Financial Group, Inc. Expertise

Conventional financing | Hard-money loans | Bridge loans | Construction loans

Remington Financial Group, Inc. - Recent Closings

$58 MM - 2200 Key Hotel Portfolio, Debt / Mezzanine Financing - FL

$1 MM - Hotel Suites, Bridge Financing - NV

$48 MM - 196 Key Hotel / Office, Acquisition / Renovation Financing,
80% LTC - MD

$12.5 MM - Hotel, Permanent Financing - GA

$23.5 MM - 800 Key Hospitality Portfolio, Permanent Financing - PA

$62.6 MM - Hotel, Acquisition / Redevelopment Financing - IL

$17.6 MM - Hotel, Construction Financing - NJ

$7 MM - 2 Full-service Hotels, Acquisition Financing - GA

$13 MM - 130 Key, Construction Financing - NY

$4.5 MM - Hotel, Bankruptcy Reorganization Financing - MO

$12 MM - Hotel, Permanent Financing - VT

Remington Financial Group, Inc. - Case Study - $282.3 Million for Eclectic Acquisitions

An institutional equity investor has obtained an aggregate of nearly $282.3 million to acquire two separate and diverse portfolios. One consists of 14 office and warehouse buildings. The other contains four independent living properties in two states. In both cases, locally based Remington Financial Group Inc. arranged debt and bridge financing.

With nearly $142.3 million in funding from a global financial services firm, the investor and an operating partner have acquired a 2.7-million-sf office and warehouse portfolio for an aggregate cost of $150 million. The assets are spread across 10 Midwestern and Southeastern states and are being acquired from three separate sellers. The sellers of two of the buildings are the properties' respective occupants. One real estate investment firm is the seller of the other 12 properties.

"Each building is fully occupied by a different single tenant, and all are sale-leaseback agreements," RFG says. "Because all of the tenants are private companies with no public credit ratings, arranging the financing required extraordinary due diligence to make both the buyer and the lender comfortable with the transaction," RFG says. Furthermore, one of the properties, a 1.2-million-sf flex property in the Midwest, represents half of the portfolio, "potentially presenting a big risk."

RFG structured a $108-million non-recourse, permanent 10-year mortgage at a fixed rate of just more than 6 percent, which represented 75 percent of the acquisition cost. It was collateralized by the properties, but not crossed. The same lender provided a bridge loan of nearly $34.3 million to increase the loan-to-cost ratio to 97 percent. This has a five-year term beginning at Libor plus 200 basis points for the first two years, and Libor plus 100 for the remaining term.

In a separate transaction, RFG arranged $140 million in debt and bridge equity financing for the same buyer, in a different operating partnership, to acquire three independent living communities in the Dallas area and a fourth in Kansas City, MO. All are from a single unidentified seller, who developed and operated the facilities. The properties have an aggregate of approximately 1,000 units, are about four to five years old, and have an average occupancy in the mid-80 percent.

"While they are class A assets, they aren't being operated to full potential," RFG says. "The buyer acquired the portfolio at a cap rate below 4 percent, and the business plan is to raise net operating income to an 8.5 percent cap rate over the next two to three years by improving operations and implementing high-margin services, including better quality meals." The borrower has a track record of implementing a similar plan, according to RFG, "which provided the lender with the required level of comfort."

The lender is one of the world's leading financial management and advisory companies. The senior financing is for a three-year term at a floating rate that RFG says is Libor plus 200 basis points. It is joined by a two-year bridge loan from the same lender at Libor plus 450 points. The full funding represents 97 percent of the portfolio's purchase price.

Remington Financial Group, Inc. - Has Access to Commercial Capital

Joel Nathanson (Remington Financial Group, Inc) — Tue, 15 Sep 2009 10:30:03 -0500

About Remington Financial Group, Inc's Access to Capital

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.

Remington works to provide customers with a clear picture of the status of their transaction, as well as any fees associated with the transaction throughout the due diligence process. We work proactively to identify and overcome challenges before they become barriers to a successful close.

Remington Financial Group offers a variety of creative financing options with highly competitive rates for conventional financing, bridge loans, construction loans and hard-money loans while delivering exceptional service throughout the financing process.

Representing clients exclusively, Remington carefully manages the formation of all capital levels so they are structured and tailored for each individual transaction. This process saves clients both money and time while greatly reducing transaction risk. Where other sources were unable to execute at all, RFG has repeatedly delivered refined capital solutions to complex transactions.

Remington Financial Group - Advisory Services

RFG's expertise and market knowledge can help revitalize existing deals that may be at risk. Our firm's Advisory Services, as well as our comprehensive Financing Programs including origination, evaluation, transaction structuring, preparation and underwriting, negotiations and coordination of placement and closing processes.

Remington Financial Group - Recent Case Study - $3.5M - 128 Room Hotel

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 the $3,500,000 loan, and presently has in place a conditional commitment through a more traditional financing source for $6,700,000.

To submit a transaction please contact Joel Nathanson at Jnathanson@remingtonfg.com or feel free to give me a call at 480-313-9017.

Remington Financial Group, Inc. - Has Access & Understands the Capital Markets

Joel Nathanson (Remington Financial Group, Inc) — Wed, 09 Sep 2009 10:06:00 -0500

Remington Financial Group, Inc. - Has Access to Capital

Since 1993, Remington Financial Group, Inc. (RFG) has built a successful history of providing capital and financial services to sophisticated real estate owners and developers nationwide.

Specializing in complex transactions starting at $1 Million and moving upward, RFG offers an extensive network of private and public capital sources to help increase creative loan options - dramatically improving successful close rates for specialized funding and unique financing ventures. With a successful track record of closing innovative debt, mezzanine and equity capital transactions, Remington delivers expertise and competitive transaction options, even in challenging market conditions.

Remington Financial Group Arranges Specialized Financing For:

Apartments & Mixed Use
Assisted Care Facilities
Bridge Loans
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 Capital
Franchise; up to 100% Financing
Hard Money
Hotels/Motels
Land Development; up to 100%
Mixed-Use Commercial
Multi-Dwellings
Non-Conforming Commercial
Real Estate
Office Buildings - Industrial &
Retail Properties
Operating Capital
Retail Space
Working Capital

Remington Financial Group, Inc. - Has Expert Advisory Services

Remington Financial Group, Inc. - Testimonials

If issues arise with a transaction, RFG always puts forth great effort to recognize it, and immediately responds to our clients with solutions. RFG's servicing of commercial loans and requests during Due Diligence is the fastest I've ever seen. RFG uncovers the true merit of the deal and creates options for financing that traditional sources cannot.
- J. Medlock

When dealing with financial transactions, you need a company that has a proven track record, cares about their clients and understands the importance of each project. RFG not only possess these traits, they also provide many other attributes that make their organization one of the best in the business. I look forward to long and successful relationship with RFG.
- B. Owens

Remington Financial Group, Inc. - Has Access to Private and Institutional Investors in India

Joel Nathanson (Remington Financial Group, Inc) — Tue, 01 Sep 2009 10:39:14 -0500

Remington Financial Group, Inc. - Pursuing Financial Transactions in India

Remington Financial is looking to bring its vast skill and expertise in the real estate, construction and development banking sectors into India and to partake in the strong, sustainable growth within one of the most robust real estate and investment markets in history.

The entry of Remington Financial Group into the Indian real estate and construction markets gives investors in development and construction projects access to our flexible, creative and responsive finance services.

Those services deliver Remington Financial Group's unique and highly developed transaction processes that differ from those of most conventional banks and finance specialists.

Remington Financial Group customizes each transaction to benefit the client with our distinctive brand of integrated financing. Our track record of completed transactions including real estate, hotel/resort, land development, and corporate transactions is proof of our innovative and successful approach.

Remington Financial Group, Inc. - Testimonials

Remington Financial Group in an unsettled market is consistent and stable. Their unprecedented Analysis, Service, Commitment and Communication are what sets them apart. When the recent market is doom and gloom all they want to know is "HOW CAN WE HELP". Whether it be an Investment Opportunity, International Development, or a Challenging Problem, Remington Financial Group stays committed to finding Creative Competitive Financial Solutions.

Thanks RFG for your great communication and constant commitment.
- R. Ramsey II

Because of its expertise with alternative financing, RFG is the only group that will look at certain projects - it doesn't shy away from challenging deals. I work with programs that no one else can work with and I can't do that without a company like RFG
- J. Couch

I was attracted to RFG because the company is fairly aggressive when it comes to making a deal, and it has a good history of recent closes. The people at RFG are responsive and return my email or phone messages immediately. The originators go out of out of their way to answer not only my questions, but questions directly from my clients. Remington's LOI and due diligence policies are spelled right out - there is no confusion. If the client can meet the requirements and has a good deal planned, securing funding through RFG should be no problem.
- C. Hanley

Remington Financial Group, Inc. - Loan Process

Submit Business Plan / Executive Summary
Pre-qualification determination process - project is reviewed and evaluated resulting in:
- the project being accepted
- proposed revisions being issued for the project
- the project being declined
Lender / Investor conceptual interest is obtained along with projected terms and the proposal is issued
Due-Diligence document checklist of typically requested data is prepared and sent to client
Analysis of all documents, preparation and packaging of the data for submission to designated lender/investor;
formal due-diligence commences
Term Sheet/Conditional Commitment and/or Firm Commitment issued
After Term Sheet/Conditional Commitment and/or Firm Commitment are accepted, a site visit and market analysis will commence
Closing | Capitalization | Funding

Remington Financial Group, Inc. - (RFG) - Has Access to Commercial Capital in India

Joel Nathanson (Remington Financial Group, Inc) — Tue, 01 Sep 2009 10:34:37 -0500

Remington Financial Group, Inc. - Has Access to Capital in India

Remington Financial Group has forged a solid reputation as an investment banking company. Since 1993, Remington Financial Group has secured capital and offered financial services to business, real estate and development/construction projects worldwide.

Remington Financial Group's services include origination, evaluation, structuring and preparation of finance packages, negotiation assistance, and placement coordination along with closings. Internationally, Remington Financial Group generally handles transactions over $5 million, though projects have run into the tens of millions.

Remington Financial Group employs a distinctive, highly disciplined transaction method that differs from most conventional processes. Each transaction is expertly customized to help clients gain maximum benefit from Remington Financial Group's unique brand of integrated financing.

Remington Financial Group's track record of successful transactions includes real estate, land development, hotels and resorts, and corporate transactions, all of which serve to demonstrate the effectiveness of the Remington approach.

Remington Financial Group has experience with international deals, as well. With our track record of financing construction, real estate and development projects across the United States, along with the demand for commercial financing and increasing investment opportunities available, we have extended our presence to India.

Some examples of Remington Financial Group's successful projects outside of the U.S. include $9.5 million in financing for the construction of luxury condos in Costa Rica and $1.2 million for the purchase of an apartment complex in Canada - both at 85% loan to cost. Our Sonora, Mexico office managed a $15-million land financing project, which we secured for the development of a planned 600-unit residential community in Baja California Sur. In the same state, a Remington investor provided $40 million in land acquisition and development financing. We also arranged for $16 million to be supplied via a Remington investor to acquire and develop a luxury hotel in Sonora.

Remington Financial Group, Inc. - Real Estate in India

Reliable estimates indicate that real estate in India is a $12 billion dollar a year industry that has enjoyed a growth rate of about 30% per year over the last decade or so.

This trend looks to continue apace into the foreseeable future, with major hoteliers developing properties, and major investment firms looking to tap into the travel and tourism industry boom.

Nearly 80% of the real estate market in India is made up of residential properties, with the rest spread out among offices, shopping malls, hotels, hospitals, and the like.

Off-shoring business, including high-end technology consulting, call centers and software programming houses have formed the bulk of this double-digit growth, and for the 2003-04 fiscal year occupied over 10 million square feet of real estate development.

Each Indian rupee invested in housing construction adds INR 0.78 to the gross domestic product. The real estate sector is also contributes to the development of over 250 other auxiliary industries. The rating agency ICRA has conducted a study that ranks construction industry 3rd among the 14 major sectors in terms of direct, indirect and induced effects in all sectors of the economy.

At the moment, a number of factors make Indian Real estate a favorable investment. The Indian government has begun to move at a rapid pace to improve the country's infrastructure.

Real estate companies that can successfully maximize their own performance and operational efficiency will be poised to reap the benefits of the double-digit growth within the markets.

The real estate sector is one of the largest employment generators in India, second only to agriculture. India's foreign direct investment is at an all time high and exceeds all other neighboring countries. Additionally, India's stable political climate makes it a better target for long-term investment than many of its neighbors.

Major institutional investors like AMB, Hines, ING, JP Morgan, Merrill Lynch, and Prudential have already made considerable commitments in Indian real estate.

U.S. buyers continue to be confident in buying Indian real estate since Indian properties continue to be a much better value than comparable properties abroad. Also, property taxes are very low in comparison to the US and Canada, and growth rates are unbeatable.

Remington Financial Group, Inc. - Why You Should Invest in 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, Inc. - Closings

$3.5 MM - 128 Room Hotel, Bridge Loan

$136 MM - 570 Room Hotel, Construction Financing, 90% LTC - IL

$11 MM - Hotel Refinance 1st Mortgage Permanent Financing - CO

$48 MM - Hotel / Office, Acquisition / Renovation 80%LTC - MD

$7 MM - Hotel Acquisition, Acquisition Financing - MD

$19.5 MM - Hotel Resort & Casino, Senior / Subordinate Financing - NV

$40 MM - 6 Hotel Properties, Acquisition Financing - 6 East Coast Cities

$56.5 MM - Hotel, Debt / Mezzanine Financing - FL

$58 MM - 2200 Key Hotel Portfolio, Debt / Mezzanine Financing - FL

Remington Financial Group, Inc. - (RFG) - Has Access to Financing for Hospitality Transactions

Joel Nathanson (Remington Financial Group, Inc) — Mon, 24 Aug 2009 09:38:55 -0500

Remington Financial Group, Inc. - Hospitality Financing

The hotel business can present tough challenges for borrowers and lenders alike. It is not uncommon for hotels to require large amounts of capital for renovations, upgrades or expansions, while facing crucial downtime to fully implement those projects. Downtime in the hotel business often translates into lost or reduced revenues, which can impact the ability of a hotel property to secure financing in a timely fashion, or under favorable terms.

Remington Financial (RFG), a firm that specializes in commercial real estate investment, is a friend to the hospitality industry. Remington has a strong history of providing timely financing under favorable terms to hotels with challenging financing considerations.

Remington Financial Group has been at the vanguard in helping borrowers within the hospitality industry meet their needs by securing the financing for projects that are simply too risky or challenging for conventional lenders. Remington has been crucial in bringing financing to challenging projects across the United States. Some examples include:

RFG was the force behind securing nearly $6.5 million in acquisition and mezzanine financing for a 150-room hotel in Massachusetts owned by one of the leading hotel companies in the world.
Remington Financial Group helped a hotel brand with more than 1,300 locations throughout the United States, Canada, and Latin America secure $7 million in acquisition financing of two full-service hotels in Georgia.
A Las Vegas-based hotel and casino turned to Remington to procure acceptable terms on a $19 million bridge and mezzanine financing.
A 130-room New York hotel that is owned by one of the premier hospitality brands in the world found that RFG was the one who met its needs for the delivery of $13 million in construction financing for a much desired project.
When a full-service, 375-room hotel in Georgia that is owned by a brand known by travelers worldwide needed $22 million in floating rate acquisition financing, they turned to Remington Financial Group to get them the terms they needed.
When a real estate investment trust (REIT) and owner of nationally franchised mid-scale and upscale hotels needed to secure $23.5 million in permanent financing, only Remington could fund the loan under terms the REIT could happily accept.
For the $40 million in portfolio acquisition financing for its properties in Massachusetts, Washington D.C., Maryland, and New York, a large hotel investment company turned to RFG to secure the financing on time and under favorable terms.
To arrange for $56 million in recapitalization and mortgage refinancing for a portfolio of four hotels in Orlando, Florida, one of the world's top hotel companies turned to Remington Financial Group to provide the financing in a timely manner under terms that were agreeable.
When a major casino and resort hotel in Las Vegas, Nevada needed $19.5 million in senior and subordinate financing, it was Remington that delivered a finance package that the casino owners found both timely and acceptable.

Remington Financial Group, Inc. - (RFG) - Hospitality Closings List

Remington Financial (RFG) knows that downtime is the enemy in the hospitality industry. That's why the firm, which specializes in commercial real estate investment, is a friend to the hospitality industry. Remington has a strong history of providing timely financing under favorable terms to hotels with challenging financing considerations.

$3.5 MM - 128 Room Hotel, Bridge Loan

$136 MM - 570 Room Hotel, Construction Financing, 90% LTC - IL

$11 MM - Hotel Refinance 1st Mortgage Permanent Financing - CO

$48 MM - Hotel / Office, Acquisition / Renovation 80%LTC - MD

$7 MM - Hotel Acquisition, Acquisition Financing - MD

$19.5 MM - Hotel Resort & Casino, Senior / Subordinate Financing - NV

$40 MM - 6 Hotel Properties, Acquisition Financing - 6 East Coast Cities

$56.5 MM - Hotel, Debt / Mezzanine Financing - FL

$58 MM - 2200 Key Hotel Portfolio, Debt / Mezzanine Financing - FL

$1 MM - Hotel Suites, Bridge Financing - NV

$48 MM - 196 Key Hotel / Office, Acquisition / Renovation Financing, 80% LTC - MD

$12.5 MM - Hotel, Permanent Financing - GA

$23.5 MM - 800 Key Hospitality Portfolio, Permanent Financing - PA

$62.6 MM - Hotel, Acquisition / Redevelopment Financing - IL

$17.6 MM - Hotel, Construction Financing - NJ

$7 MM - 2 Full-service Hotels, Acquisition Financing - GA

$13 MM - 130 Key, Construction Financing - NY

$4.5 MM - Hotel, Bankruptcy Reorganization Financing - MO

$12 MM - Hotel, Permanent Financing - VT

$7.5 MM - Hotel Acquisition, Acquisition Financing - CT

$19 MM - Hotel, Bridge / Mezzanine Financing - NV

$4.5 MM - Hotel, Acquisition / Redevelopment Financing - MO

$6.4 MM - 130 Room Resort, Acquisition / Mezzanine Financing - MA

$7.8 MM - Hotel Construction, Construction Financing, 80% LTC

$130 MM - Luxury Hotel, Construction Financing, 90% LTC

$7.4 MM - Hotel, Acquisition / Redevelopment Financing

$22 MM - 375 Key Hotel, Floating Rate Acquisition - GA

$5.5 Million - Branded Hotel, Non-recourse Permanent Financing - VT

Remington Financial Group, Inc. - Over $350M in Lender Approvals in the 1st Quarter of 2009

Joel Nathanson (Remington Financial Group, Inc) — Mon, 24 Aug 2009 09:35:13 -0500

About Remington Financial Group, Inc.

For the past 16 years, Remington Financial Group has successfully provided capital and financial services to experienced real estate owners and developers nationwide.

Remington Advisory Services

Remington Financial Group, Inc. - Financing Programs

Senior Debt/Equity Financing

All Property Types
$1 Million and up
Acquisition, Development, Refinance, Bridge, Principal Buyout, Special or Story Situations

Mezzanine/Bridge Loan Financing

All Property Types
$1 Million and up
Aggregate Leverage up to 85%
Loan Term up to 8 Years
Amortization up to 25 Years
11% - 14% Annual Interest Rate
Non-recourse Subject to Carve-outs

Joint Venture Financing

100% Financing
Construction, Developments & Acquisitions
$1 Million and up

Multifamily

Existing Apartment Properties with 5+ Units
Mobile Home Parks
Limited Mixed Use
$1 Million and up
Nation Wide
6 month, 3, 5, 7, & 10 Year Fixed Terms
15-year Fixed Fully Amortized
Bank Rates
Minimum DSC 1.20
80% LTV for Purchase, Rate & Term Refinance
75% LTV for Cash-out Refinance

Remington Arranges
Specialized Financing For:

Apartments & Mixed Use
Assisted Care Facilities
Bridge Loans
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 Capital
Franchise; up to 100% Financing
Hard Money
Hotels/Motels
Land Development; up to 100%
Mixed-Use Commercial
Multi-Dwellings
Non-Conforming Commercial
Real Estate
Office Buildings - Industrial &
Retail Properties
Operating Capital
Retail Space
Working Capital

Remington Financial Group, Inc. - Recent Closings

$62.6 MM - Hotel, Acquisition / Redevelopment Financing - IL

$17.6 MM - Hotel, Construction Financing - NJ

$7 MM - 2 Full-service Hotels, Acquisition Financing - GA

$13 MM - 130 Key, Construction Financing - NY

$4.5 MM - Hotel, Bankruptcy Reorganization Financing - MO

$12 MM - Hotel, Permanent Financing - VT

$7.5 MM - Hotel Acquisition, Acquisition Financing - CT

$19 MM - Hotel, Bridge / Mezzanine Financing - NV

$4.5 MM - Hotel, Acquisition / Redevelopment Financing - MO

$6.4 MM - 130 Room Resort, Acquisition / Mezzanine Financing - MA

$7.8 MM - Hotel Construction, Construction Financing, 80% LTC

$130 MM - Luxury Hotel, Construction Financing, 90% LTC

$7.4 MM - Hotel, Acquisition / Redevelopment Financing

$22 MM - 375 Key Hotel, Floating Rate Acquisition - GA

$5.5 MM - Branded Hotel, Non-recourse Permanent Financing - VT

Remington Financial Group, Inc. - Has Access to Capital in Mexico

Joel Nathanson (Remington Financial Group, Inc) — Tue, 18 Aug 2009 10:12:24 -0500

About Remington Financial Group of 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, hotel/resort, land development, and corporate transactions - is proof of our distinctive approach.

RFG is versed in international deals, as well. Because of the demand for commercial financing and the incredible investment opportunities to be had, RFG has extended its growth, in particular, to Mexico. In addition to its Philadelphia and Arizona offices, RFG now has an office in Sonora, Mexico. Some examples of recent projects managed by our Sonora office include:

Baja California Sur - RFG arranged $15 million in financing for a 600-unit planned residential land development community
Baja California Sur - An RFG investor provided $40 million in land acquisition and development financing
Sonora - An RFG investor provided $16 million to acquire and develop a luxury hotel.

Remington Financial Group, Inc. - Why You Should Invest in Mexico

There are many reasons Remington Financial Group (RFG) has extended its growth to Mexico. Among these is the proliferation of opportunities for potentially very rewarding long-term investment opportunity with limited risk. For comparable product types, cap rates in Mexico are approximately 200 to 400 basis points above U.S. cap rates. With its increased gross domestic product (GDP) per capita, vibrant economy, and the strength of the peso, investing in Mexico has never looked better. The country's foreign direct investment is at an all-time high. Additionally, Mexico's political climate is more open to investment than ever before. Changes in foreign investment laws, as well as the institutionalization of properties by U.S. Title Insurance companies, are two reasons for increased confidence among foreign investors. Institutions like AMB, Hines, ING, JP Morgan, ProLogis, and Prudential have already made considerable commitments in Mexican real estate.

U.S. buyers continue to be encouraged to buy Mexican real estate, since Mexican properties continue to be much cheaper than those in the U.S. Also, property taxes are very low in comparison to the U.S. and Canada. Homebuyers in San Diego, California or Phoenix, Arizona, for example, are more frequently being pushed south, where real estate is more affordable than it is stateside.

Real estate investment opportunities also abound surrounding tourism. Approximately 300,000 to 500,000 Americans and Canadians take extended vacations of over four months, which translates well for very profitable weekly rental properties. The allure of beachfront vistas, vacation homes, and retirement villas are among the many reasons that over 1.5 million Americans now own property in Mexico.

The property market is booming. Although the sale of single-family second homes continues to rise in the U.S., baby boomers are traveling and looking to spend their wealth in locales outside of their home country. As the richest generation in the history of the world, baby boomers are purchasing real estate abroad, with wealth from the economic boom of the ‘90s.

Remington Financial Group, Inc. - Closings

$48 MM - 196 Key Hotel / Office, Acquisition / Renovation Financing,
80% LTC - MD

$12.5 MM - Hotel, Permanent Financing - GA

$23.5 MM - 800 Key Hospitality Portfolio, Permanent Financing - PA

$62.6 MM - Hotel, Acquisition / Redevelopment Financing - IL

$17.6 MM - Hotel, Construction Financing - NJ

$7 MM - 2 Full-service Hotels, Acquisition Financing - GA

$13 MM - 130 Key, Construction Financing - NY

$4.5 MM - Hotel, Bankruptcy Reorganization Financing - MO

$12 MM - Hotel, Permanent Financing - VT

$7.5 MM - Hotel Acquisition, Acquisition Financing - CT

$19 MM - Hotel, Bridge / Mezzanine Financing - NV

$4.5 MM - Hotel, Acquisition / Redevelopment Financing - MO

$6.4 MM - 130 Room Resort, Acquisition / Mezzanine Financing - MA

$7.8 MM - Hotel Construction, Construction Financing, 80% LTC

$130 MM - Luxury Hotel, Construction Financing, 90% LTC

Remington Financial Group, Inc. - (RFG) - Specializing in Securing Joint Venture Financing

Joel Nathanson (Remington Financial Group, Inc) — Tue, 18 Aug 2009 09:56:51 -0500

About Remington Financial Group, Inc.

Remington Financial Group (RFG), a veteran investment banking firm, secures financing of $500k 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 16 years, has grown because of its quick understanding of a client's financing objectives and its ability to move quickly with its lenders. In 2007, RFG closed more than $1 billion in client transactions, and the company in on track to exceed that figure for 2008.

Remington Financial Group is an entrepreneurial organization, and, although it is open to financing higher-risk projects, it usually requires developers or builders to have at least three years' experience. RFG also prefers to invest in projects located in strong markets, where sell-out or stabilization may occur within two years.

RFG's other financial solutions include second mortgages, mezzanine financing, bridge loans and long-term B-paper loans. RFG also finances many joint venture (JV) projects. Typically, RFG provides JV financing for condo developments and hospitality industry properties. The company can provide up to 100 percent financing on joint ventures on all types of properties. The loan to sell out value ratio ideally should not exceed 80 percent.

Remington Financial Group, Inc. - What is a Joint Venture (J/V)?

A joint venture is a partnership between a company that has a project and an investor. The company supplies the deal and the management investor supplies the money. The percentages of ownership are negotiable.

Remington Financial Group, Inc. - Testimonials

Remington Financial Group, Inc. - Loan Process

Submit Business Plan / Executive Summary
Pre-qualification determination process - project is reviewed and evaluated resulting in:
- the project being accepted
- proposed revisions being issued for the project
- the project being declined
Lender / Investor conceptual interest is obtained along with projected terms and the proposal is issued
Due-Diligence document checklist of typically requested data is prepared and sent to client
Analysis of all documents, preparation and packaging of the data for submission to designated lender/investor;
formal due-diligence commences
Term Sheet/Conditional Commitment and/or Firm Commitment issued
After Term Sheet/Conditional Commitment and/or Firm Commitment are accepted, a site visit and market analysis will commence
Closing | Capitalization | Funding

Remington Financial Group, Inc. - (RFG) - Has Access to over $5B in Corporate Financing

Joel Nathanson (Remington Financial Group, Inc) — Tue, 11 Aug 2009 08:30:22 -0500

Remington Financial Group, Inc. - Corporate Financing Options

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 ability to move quickly with its lenders. In 2007, RFG closed more than $1 billion in client transactions, and the company in on track to exceed that figure for 2008.

Remington Financial Group, Inc. - Loan Process

1. Submit Business Plan / Executive Summary

2. Pre-qualification determination process - project is reviewed and evaluated
resulting in:

- the project being accepted
- proposed revisions being issued for the project
- the project being declined

3. Lender / Investor conceptual interest is obtained along with projected terms
and the propsal is issued

4. Due-Diligence document checklist of typically requested data is prepared and
sent to client

5. Analysis of all documents, preparation and packaging of the data for
submission to designated lender/investor; formal due-diligence commences

6. Term Sheet/Conditional Commitment and/or Firm Commitment issued

7. After Term Sheet/Conditional Commitment and/or Firm Commitment are
accepted, a site visit and market analysis will commence

8. Closing / Capitalization / Funding

Remington Financial Group, Inc. - Recent Retail Closings

$22 MM - Retail Center, Acquisition Financing - LA

$6 MM- Retail Center, Acquisition Financing

$11.5 MM - Retail Center, Permanent Refinance - FL

$9 MM - Retail Center, Bridge Financing - MD

$5.6 MM - Retail Center, Permanent Financing - PA

$4.7 MM - Retail/Office Building, Refinance - PA

$5.2 MM- Retail Center, Acquisition Financing - IN

$1.75 MM- Retail Center, Acquisition Financing - TX

$5.6 MM - Retail Center, Refinance - PA

$2.2 MM - Retail Center, 1st Mortgage Permanent Financing, Acquisition Financing

$4 MM - Fully Occupied Retail Center, 1st Mortgage Refinance, Permanent Mortgage

Learn more about <a href="http://www.remingtonfg.com">commercial hard money</a> at Remington Financial Group.

Remington Financial Group, Inc. - (RFG) - Has Access to Private Capital for Corporate Transactions

Joel Nathanson (Remington Financial Group, Inc) — Tue, 11 Aug 2009 08:23:54 -0500

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 Financial Group - Corporate Advisory Services

Remington Financial Group (RFG) - Recent Corporate Closings

$64.5 MM - Microcomputer Component Manufacturer, Bankruptcy Reorganization Financing - NY

$5 MM - Auto Parts Manufacturer, Joint Venture Acquisition Financing - NJ

$18.5 MM - Discount Retail Chain, Equity/Debt Financing Bankruptcy
Organization - MA

$80 MM - Cruise line, Acquisition & Start-up Financing - NJ

$2.5 MM - Medical Services Company, Early Stage Working Capital Financing - NY

$6 MM - Telecommunications Company, Equity Financing - NY

$4 MM - Wireless Tracking Device Manufacturer, Expansion & Start-up Working
Capital - MA

$3 MM - Broad Form Application Service Provider, Early Stage Bridge
Financing - NY

$.25 MM - Online Travel and Hotel Reservation Website Company, Bridge
Financing - CA

$2.2 MM - Recycling Company, Bridge Financing & Secured Line of Credit - PA

$.5 MM - Software Company, Equity Capital - PA

$1.2 MM - Retail Chain Stores, Working Capital Financing - NJ

$.5 MM - Discount Company, Equity Investment & Revolving Credit Facility
Financing - MA

$.45 MM - Image Systems, Venture Capital Investment & Working Capital - DC

$7.5 MM - Recycling Corporation, Equity / Dept Working Capital Financing - CA

Learn more at <a href="http://www.remingtonfg.com">Remington Financial Group</a>

Remington Financial Group, Inc. - Has Access to Commercial Hard Money

Joel Nathanson (Remington Financial Group, Inc) — Wed, 05 Aug 2009 08:54:50 -0500

Remington Financial Group, Inc. - How Hard Money Works.

Remington Financial Group is equipped to handle the expedited closings of 30 days or less, which makes it unique in the lending space. Our firm does it by preparing all of the necessary underwriting resources (attorneys, appraisers, etc.) to review and approve a loan very quickly.

RFG employs a lower loan to value ratio than a traditional lender might, which allows the firm to recover its investment should the need arise.

Also, Remington often times skips traditional underwriting steps, such as evaluating a borrower's credit rating or examining his experience level, as a means to progress the loan more quickly. We require a water tight appraisal of the property that ensures RFG can tolerate the high risk.

Also, RFG will always require an appropriate exit strategy. If a borrower can not share how the loan will be repaid, in reasonable terms, we will not make the deal. Remington Financial Group has no interest in taking possession of a property and does not view foreclosure as a suitable exit strategy, but we can work with you to identify an appropriate strategy.

Remington Financial Group, Inc. - Benefits of Hard Money to a Commercial Broker

In the course of a commercial broker's career, the need for a hard money loan will most definitely arise. By forging a solid relationship with a hard money source, a broker has a resource to serve clients in need of a fast-closing loan. Keep in mind, too, that Remington Financial Group values brokers and is broker friendly.

Remington Financial Group - Loan Process

Submit Business Plan / Executive Summary
Pre-qualification determination process - project is reviewed and evaluated resulting in:
- the project being accepted
- proposed revisions being issued for the project
- the project being declined
Lender / Investor conceptual interest is obtained along with projected terms and the proposal is issued
Due-Diligence document checklist of typically requested data is prepared and sent to client
Analysis of all documents, preparation and packaging of the data for submission to designated lender/investor;
formal due-diligence commences
Term Sheet/Conditional Commitment and/or Firm Commitment issued
After Term Sheet/Conditional Commitment and/or Firm Commitment are accepted, a site visit and market analysis will commence
Closing | Capitalization | Funding

Remington Financial Group, Inc. - (RFG) - Has Access to Over $800M in Hard Money Financing

Joel Nathanson (Remington Financial Group, Inc) — Wed, 05 Aug 2009 08:49:28 -0500

Remington Financial Group, Inc. - Providing Clients Access to Hard Money Financing

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.

Remington Financial Group, Inc. - Why Would a Client/Broker Need Hard Money?

Why would a borrower need to close a loan in 30 days? It turns out there are many reasons that a quick turn around might be necessary. Two examples include:

To Avoid foreclosure

An individual's lender is about to foreclose on his property unless he can repay a certain amount within a short time period. The property is worth $10 million and the borrower owes $1 million against it. If the property is foreclosed upon, all of the property's equity will be lost. Although a hard money loan carries high fees and rates it enables the borrower to meet the aggressive repayment timeframe and save the equity in the property.

Remington Financial Group - Recent Transactions

$17.1 MM - Student Housing Complex, Bridge Financing - KY

$15.4 - 6 Rehabilitation Centers, Permanent Financing - Various Locations, PA

$7.5 MM - 10 Plex Movie Theater & Retail Plaza, Acquisition Financing - FL

$3.3 MM - Credit Tenant Ground Lease - PA

$1.1 MM - Mobile Home Park, Acquisition Financing, 80% LTC

$12 MM - Raw Land, Refinance, 40% LTV

$7.6 MM - Assisted Living Facility, Senior Construction Financing - IL

$23 MM - Assisted Living Community, Construction Financing - IL

Remington Financial Group, Inc. - Advisory Services

Joel Nathanson (Remington Financial Group, Inc) — Tue, 28 Jul 2009 13:45:51 -0500

How Remington Financial Group is Different

Remington Financial Group Case Study - Sale/Leaseback Financing: $9.4 Million for

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 sale leaseback option was chosen. By selling its real estate to one of RFG's investors, the company received 100 percent of the building's market value, engineered a favorable long term lease that was less costly than its original debt service and provided capital to fund company initiatives to rebuild its business while simultaneously reducing its taxable exposure. The company has retained RFG as its outsourced finance department to arrange additional asset based financing as it re-establishes profitability.

Remington Financial Group, Inc. - (RFG) - Has Access to Over $5B in Commercial Capital

Joel Nathanson (Remington Financial Group, Inc) — Tue, 28 Jul 2009 13:37:39 -0500

About Remington Financial Group, Inc.

For the past 16 years, Remington Financial Group has successfully provided capital and financial services to experienced real estate owners and developers nationwide.

Remington Financial Group, Inc. - Has The Expertise To Navigate This Challenging Marketplace

Remington Financial - Recent Testimonials

Recent Remington Financial Group, Inc. Closings

$7.2 MM - Apartment Complex, Interim & Bridge Financing - DC

$20 MM - Apartment Complex Acquisition, Advisory Services

$3.75 MM - Apartment Complex, Permanent / Acquisition Financing - TX

$2.4 MM - Title Equity Raise, 1000 Unit Apartment Complex Purchase - FL

$56 MM - Apartment Complex Acquisition, Investment Banking, Advisory
Services - FL

$3.6 MM - Apartment Complex, Permanent Refinance - TX

$4.1 MM - 24 Unit Apartment Building, Redevelopment Financing

$13 MM - Fully Occupied Apartment Complex, Refinance, 80% LTC - PA

$26 MM - Luxury Apartment Complex, Construction Debt - MI

$28 MM - 1100 Unit Apartment Complex, Permanent Financing - PA

$8 MM - 12 Town Homes, 80% LTC, 6 pre-sales, Construction Financing - FL

Remington Financial Group, Inc. - (RFG) - Has Access to Joint Venture Financing

Joel Nathanson (Remington Financial Group, Inc) — Wed, 22 Jul 2009 10:13:33 -0500

Remington Financial Group, Inc. - Access to Joint Venture Financing

Since its inception 15 years ago, Remington Financial Group (RFG) has increased its presence in the commercial real estate market. The company closed more than $900 million in client transactions in 2006, over $1 billion in 2007 and is on track to exceed that figure for 2008.

RFG provides a range of financing solutions including senior debt/equity financing, mezzanine/bridge loan financing, and joint venture (JV) financing. The company is open to providing construction loans, equity debt financing with up to 100 percent financing, hard money, interim bridge financing, up to 100 percent financing for franchises, seed capital, business loans without real estate, business investment capital, and up to 100 percent financing on land development.

RFG will consider financing any number of development projects, including apartments and mixed-use buildings, assisted care facilities, special purpose properties (such as car washes), hotels and motels, multi-dwelling units, mixed-use commercial properties, office buildings, and industrial and retail properties.

RFG is led by a team of real estate and financing veterans including principal Andrew Bogdanoff, who founded the company in 1993. Under his leadership, the company has experienced tremendous success and growth. Andy oversees all aspects of RFG's business. Mr. Bogdanoff launched his career in the financial business in 1971.

Remington Financial Group, Inc. - Joint Venture Due-Diligence Process

1. Submit Business Plan / Executive Summary

2. Pre-qualification determination process - project is reviewed and evaluated
resulting in:

- the project being accepted
- proposed revisions being issued for the project
- the project being declined

3. Lender / Investor conceptual interest is obtained along with projected terms
and the propsal is issued

4. Due-Diligence document checklist of typically requested data is prepared and
sent to client

5. Analysis of all documents, preparation and packaging of the data for
submission to designated lender/investor; formal due-diligence commences

6. Term Sheet/Conditional Commitment and/or Firm Commitment issued

7. After Term Sheet/Conditional Commitment and/or Firm Commitment are
accepted, a site visit and market analysis will commence

8. Closing / Capitalization / Funding

Remington Financial Group, Inc. - Recent Closings

$7.5 MM - Hotel Acquisition, Acquisition Financing - CT

$19 MM - Hotel, Bridge / Mezzanine Financing - NV

$4.5 MM - Hotel, Acquisition / Redevelopment Financing - MO

$6.4 MM - 130 Room Resort, Acquisition / Mezzanine Financing - MA

$7.8 MM - Hotel Construction, Construction Financing, 80% LTC

$130 MM - Luxury Hotel, Construction Financing, 90% LTC

$7.4 MM - Hotel, Acquisition / Redevelopment Financing

$22 MM - 375 Key Hotel, Floating Rate Acquisition - GA

$5.5 MM - Branded Hotel, Non-recourse Permanent Financing - VT