Joel's Blog

Remington Financial Group - Hospitality Closing

Joel Nathanson (Remington Financial Group, Inc) — Fri, 05 Sep 2008 10:18:08 -0500

RFG secures $58 Million debt and mezzanine financing for hotel portfolio

One of the largest franchised hotel owners for an international hotel group engaged Remington to secure financing for its portfolio of 2200 hotel rooms located in Orlando, FL. However, the challenges to complete the financing appeared insurmountable. The aging properties had lost their competitive edge to new hotels being developed in their market place and as a result slipped into bankruptcy. The second challenge was that they properties had approximately $100MM in first mortgage debt and where worth about $70MM. Just to add a bit more complication, there were significant environmental problems. RFG was given 30 days by the court to submit a resolution plan along with a commitment for funding. At the time the borrower engaged RFG, they were of the mindset that they were going to give the properties back to their lender as the borrower had already endured over 18 months with numerous other investment banks and advisors that failed to rise to the challenge.

RFG recognized that this portfolio was not an asset that the lender wanted. Based on its standing relationship with the existing lender, RFG was able to negotiate a discounted pay-off on the senior financing. This event triggered a taxable liability to the borrower that required additional capital to fund this expense. Also, the environmental problem required significant capital to correct. To solve these needs and the need for additional capital to invest into the properties to help reposition and upgrade the portfolio and make competitive within its market, RFG had to secure mezzanine financing for a very speculative business plan.

RFG was able to secure market rate non-recourse senior financing and participated in the mezzanine capital tier to provide a $58MM package of financing that allowed the borrower to retain 100 percent ownership in the properties and emerge from bankruptcy. The transaction closed in 45 days.

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

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

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

Other Remington Financial Group sites

www.remingtonfg.com

www.remingtonfinancialjointventure.com

www.remingtonfinancialmexico.com

www.remingtonfinancialhospitality.com

www.remingtonfinancialindia.com

www.remingtonfinancialhardmoney.com

Remington Financial Group - Testimonials

Joel Nathanson (Remington Financial Group, Inc) — Thu, 04 Sep 2008 10:28:17 -0500

Remington Financial Group

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

Why Use Remington Financial Group

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.

Joel Nathanson
Sr. Account Executive
Remington Financial Group, Inc
8761 E. Bell Road

Suite - #103
Scottsdale, AZ 85260

www.remingtonfg.com

Office - 480-905-3840
Direct - 480-570-0679
Fax - 480-619-6289
Email - Jnathanson@remingtonfg.com

Remington Financial Group - New Program

Joel Nathanson (Remington Financial Group, Inc) — Wed, 03 Sep 2008 10:14:23 -0500

Remington Financial Group, Inc.

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.

Other Remington Financial Group Websites

www.remingtonfg.com

www.remingtonfinancialclosings.com

www.remingtonfinancialhardmoney.com

www.remingtonfinancialjointventure.com

Remington Financial Group - Hard Money Options

Joel Nathanson (Remington Financial Group, Inc) — Tue, 02 Sep 2008 10:29:41 -0500

Remington Financial Group

Since 1993, Remington Financial Group, Inc. (RFG) has had a successful history of providing 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.

What is Considered 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 in order to avoid foreclosure. Regardless of the reason, hard money is a viable and valuable loan type.

It's also important for brokers to understand that a typical hard money loan does not have a pre-payment penalty associated with it. So, if the borrower is in a position to repay the loan early the lender will not impose an extra fee.

How Does Hard Money Help Brokers

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 lender, a broker has a resource to serve clients in need of a fast-closing loan.

Joel Nathanson
Sr. Account Executive
Remington Financial Group, Inc
8761 E. Bell Road Suite - #103
Scottsdale, AZ 85260

www.remingtonfg.com
www.remingtonfinancialclosings.com www.remingtonfinancialhardmoney.com www.remingtonfinancialjointventure.com
Office - 480-905-3840
Direct - 480-570-0679
Fax - 480-619-6289
Email - Jnathanson@remingtonfg.com

Remington Financial Group - Hard Money

Joel Nathanson (Remington Financial Group, Inc) — Tue, 02 Sep 2008 10:27:05 -0500

Remington Financial Group Hard Money

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

What is Considered Hard Money

How Does Hard Money Help Brokers

Remington Financial Group, Inc. - Hospitality Financing Options

Joel Nathanson (Remington Financial Group, Inc) — Thu, 28 Aug 2008 10:06:38 -0500

Remington Financial Group, Inc.

The extensive success of Remington Financial Group (RFG) in securing hospitality-based financing stems from its 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 hospitality clients benefit from integrated financing with terms that are, at times, superior to conventional approaches.

Knowing that hoteliers and other hospitality professionals can't afford long periods of downtime, RFG works to streamline and expedite the process of securing funds. Additionally, throughout the due diligence and financing process, Remington seeks to provide customers with a clear picture of the status of their transaction and any costs associated with it. RFG proactively works to overcome obstacles before they become barriers to a successful close. Delivering exceptional service throughout the process, Remington offers a variety of creative financing options with highly competitive rates for:

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

Representing clients exclusively, Remington carefully manages the formation of all tiers of capital, so they are uniquely structured and tailored for every hospitality transaction. This process saves clients time and money while significantly reducing transaction risk. Time and again, Remington has delivered refined capital solutions to complex commercial real estate transactions, which other sources would not have considered.

When it comes to existing deals that may be at risk, Remington can also help revitalize them with our expert advisory services or assist with a comprehensive set of financing programs including origination, evaluation, transaction structuring, preparation and underwriting, negotiation and coordination of placement, and closing processes.

Joel Nathanson
Sr. Account Executive
Remington Financial Group, Inc
8761 E. Bell Road Suite - #103
Scottsdale, AZ 85260

www.remingtonfg.com

www.remingtonfinancialhospitality.com

www.remingtonfinancialclosings.com

www.remingtonfinancialjointventure.com

www.remingtonfinancialmexico.com

www.remingtonfinancialindia.com

Office - 480-905-3840
Direct - 480-570-0679
Fax - 480-619-6289
Email - Jnathanson@remingtonfg.com

Remington Financial Group - Hospitality

Joel Nathanson (Remington Financial Group, Inc) — Thu, 28 Aug 2008 10:02:03 -0500

Remington Financial Group Hospitality

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.

Philadelphia-based 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 financing 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.

Testimonials

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

Joel Nathanson
Sr. Account Executive
Remington Financial Group, Inc
8761 E. Bell Road Suite - #103
Scottsdale, AZ 85260

www.remingtonfg.com
www.remingtonfinancialclosings.com www.remingtonfinancialjointventure.com
Office - 480-905-3840
Direct - 480-570-0679
Fax - 480-619-6289
Email - Jnathanson@remingtonfg.com

Remington Financial Group - International Loans

Joel Nathanson (Remington Financial Group, Inc) — Wed, 27 Aug 2008 10:58:00 -0500

Remington Financial Group, Inc.

Remington Financial Group is based in Philadelphia and 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.

Investing 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.

Joel Nathanson
Sr. Account Executive
Remington Financial Group, Inc
8761 E. Bell Road Suite - #103
Scottsdale, AZ 85260

www.remingtonfg.com
www.remingtonfinancialclosings.com www.remingtonfinancialjointventure.com
Office - 480-905-3840
Direct - 480-570-0679
Fax - 480-619-6289
Email - Jnathanson@remingtonfg.com

Remington Financial Group - India

Joel Nathanson (Remington Financial Group, Inc) — Wed, 27 Aug 2008 10:54:43 -0500

Remington Financial Group

Investing in India

Joel Nathanson
Sr. Account Executive
Remington Financial Group, Inc
8761 E. Bell Road Suite - #103
Scottsdale, AZ 85260

www.remingtonfg.com
www.remingtonfinancialclosings.com www.remingtonfinancialjointventure.com
Office - 480-905-3840
Direct - 480-570-0679
Fax - 480-619-6289
Email - Jnathanson@remingtonfg.com

Remington Financial Group - Loan Process

Joel Nathanson (Remington Financial Group, Inc) — Tue, 26 Aug 2008 14:38:15 -0500

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 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 | Construction loans

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 Provides Specialized Funding For:

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

Our 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

Joel Nathanson
Sr. Account Executive
Remington Financial Group, Inc
8761 E. Bell Road Suite - #103
Scottsdale, AZ 85260

www.remingtonfg.com
www.remingtonfinancialclosings.com www.remingtonfinancialjointventure.com
Office - 480-905-3840
Direct - 480-570-0679
Fax - 480-619-6289
Email - Jnathanson@remingtonfg.com

Remington Financial Group - Funding Options

Joel Nathanson (Remington Financial Group, Inc) — Tue, 26 Aug 2008 14:34:08 -0500

Remington Financial Group, Inc.

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

Remington Provides Specialized Funding For:

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

Our 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

Joel Nathanson
Sr. Account Executive
Remington Financial Group, Inc
8761 E. Bell Road Suite - #103
Scottsdale, AZ 85260

www.remingtonfg.com
www.remingtonfinancialclosings.com www.remingtonfinancialjointventure.com
Office - 480-905-3840
Direct - 480-570-0679
Fax - 480-619-6289
Email - Jnathanson@remingtonfg.com

Remington Financial Group - Continues to Close

Joel Nathanson (Remington Financial Group, Inc) — Mon, 25 Aug 2008 10:44:50 -0500

Remington Financial Group, Inc. - $7.5 Million for Name Brand Connecticut-based property

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 significant up-side.

RFG mitigated the negative cash-flow and secondary-market location issues by illustrating the investment firm's proven track of turning around mismanaged properties. This enabled RFG's lender to become comfortable with the deal and as such provided an aggressive three year floating-rate non-recourse bridge loan priced at 375 bps over LIBOR representing 94 percent of the purchase price and 75 percent of the total acquisition budget.

A representative of the investment firm was quoted as saying, "RFG worked quickly and efficiently to produce results. The process involved multiple steps and multiple points of potential failure, and RFG provided insightful comments and constructive prodding to keep the process from slowing down."

About Remington Financial Group

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 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.

Joel Nathanson
Sr. Account Executive
Remington Financial Group, Inc
8761 E. Bell Road Suite - #103
Scottsdale, AZ 85260

www.remingtonfg.com
www.remingtonfinancialclosings.com www.remingtonfinancialjointventure.com
Office - 480-905-3840
Direct - 480-570-0679
Fax - 480-619-6289
Email - Jnathanson@remingtonfg.com

Remington Financial Closing - $7.5 Million for Name Brand Connecticut-based property

Joel Nathanson (Remington Financial Group, Inc) — Mon, 25 Aug 2008 10:42:34 -0500

Remington Financial Group, Inc. - $7.5 Million for Name Brand Connecticut-based property

About Remington Financial Group

For the past 15 years, Remington Financial Group has successfully provided capital and financial services to experienced real estate owners and developers nationwide.

Joel Nathanson
Sr. Account Executive
Remington Financial Group, Inc
8761 E. Bell Road Suite - #103
Scottsdale, AZ 85260

www.remingtonfg.com
www.remingtonfinancialclosings.com www.remingtonfinancialjointventure.com
Office - 480-905-3840
Direct - 480-570-0679
Fax - 480-619-6289
Email - Jnathanson@remingtonfg.com

Remington Financial Group, Inc. - Recent Closing

Joel Nathanson (Remington Financial Group, Inc) — Fri, 22 Aug 2008 10:33:55 -0500

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.

Who is Remington Financial Group

For the past 15 years, Remington Financial Group has successfully provided capital and financial services to experienced real estate owners and developers nationwide.

Joel Nathanson
Sr. Account Executive
Remington Financial Group, Inc
8761 E. Bell Road Suite - #103
Scottsdale, AZ 85260

www.remingtonfg.com
www.remingtonfinancialclosings.com www.remingtonfinancialjointventure.com
Office - 480-905-3840
Direct - 480-570-0679
Fax - 480-619-6289
Email - Jnathanson@remingtonfg.com

Remington Financial Group - Case Studies

Joel Nathanson (Remington Financial Group, Inc) — Fri, 22 Aug 2008 10:30:38 -0500

Remington Financial Group Closing - 282.3 Million for Eclectic Acquisitions

Joel Nathanson
Sr. Account Executive
Remington Financial Group, Inc
8761 E. Bell Road Suite - #103
Scottsdale, AZ 85260

www.remingtonfg.com
www.remingtonfinancialclosings.com www.remingtonfinancialjointventure.com
Office - 480-905-3840
Direct - 480-570-0679
Fax - 480-619-6289
Email - Jnathanson@remingtonfg.com

Remington Financial Group - Available Programs

Joel Nathanson (Remington Financial Group, Inc) — Thu, 21 Aug 2008 09:24:46 -0500

About Remington Financial Group

For the past 15 years, Remington Financial Group has successfully provided capital and financial services to experienced real estate owners and developers nationwide.

Our Financing Programs

Senior Debt/Equity Financing

All Property Types
$1 Million to $100 Million
Acquisition, Development, Refinance, Bridge, Principal Buyout, Special or Story Situations

Mezzanine/Bridge Loan Financing

All Property Types
$1 Million to $350 Million
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 to $350 Million

Multifamily

Existing Apartment Properties with 5+ Units
Mobile Home Parks
Limited Mixed Use
$1 Million to $5 Million
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 Provides
Specialized Funding For:

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

Joel Nathanson
Sr. Account Executive
Remington Financial Group, Inc
8761 E. Bell Road Suite - #103
Scottsdale, AZ 85260

www.remingtonfg.com
www.remingtonfinancialclosings.com www.remingtonfinancialjointventure.com
Office - 480-905-3840
Direct - 480-570-0679
Fax - 480-619-6289
Email - Jnathanson@remingtonfg.com

Remington Financial Group - Financing Programs

Joel Nathanson (Remington Financial Group, Inc) — Thu, 21 Aug 2008 09:22:07 -0500

About Remington Financial Group

For the past 15 years, Remington Financial Group has successfully provided capital and financial services to experienced real estate owners and developers nationwide.

Our Financing Programs

Senior Debt/Equity Financing

All Property Types
$1 Million to $100 Million
Acquisition, Development, Refinance, Bridge, Principal Buyout, Special or Story Situations

Mezzanine/Bridge Loan Financing

All Property Types
$1 Million to $350 Million
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 to $350 Million

Multifamily

Existing Apartment Properties with 5+ Units
Mobile Home Parks
Limited Mixed Use
$1 Million to $5 Million
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 Provides
Specialized Funding For:

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

Joel Nathanson
Sr. Account Executive
Remington Financial Group, Inc
8761 E. Bell Road Suite - #103
Scottsdale, AZ 85260

www.remingtonfg.com
www.remingtonfinancialclosings.com www.remingtonfinancialjointventure.com
Office - 480-905-3840
Direct - 480-570-0679
Fax - 480-619-6289
Email - Jnathanson@remingtonfg.com

Remington Financial Group, Inc. - Financial Services

Joel Nathanson (Remington Financial Group, Inc) — Wed, 20 Aug 2008 10:20:13 -0500

Advisory Services

Use Remington Financial Group's Expertise and Market Knowledge to Make Your Project a Success.

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 Financial Group

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

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.

Testimonials

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

Joel Nathanson
Sr. Account Executive
Remington Financial Group, Inc
8761 E. Bell Road Suite - #103
Scottsdale, AZ 85260

www.remingtonfg.com
www.remingtonfinancialclosings.com www.remingtonfinancialjointventure.com
Office - 480-905-3840
Direct - 480-570-0679
Fax - 480-619-6289
Email - Jnathanson@remingtonfg.com

Remington Financial Group - Advisory Services

Joel Nathanson (Remington Financial Group, Inc) — Wed, 20 Aug 2008 10:16:40 -0500

Advisory Services

Leverage Remington Financial Group's Expertise and Market Knowledge to Make Your Project a Success

Remington Financial Group

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

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.

Testimonials

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

Joel Nathanson
Sr. Account Executive
Remington Financial Group, Inc
8761 E. Bell Road Suite - #103
Scottsdale, AZ 85260

www.remingtonfg.com
www.remingtonfinancialclosings.com www.remingtonfinancialjointventure.com
Office - 480-905-3840
Direct - 480-570-0679
Fax - 480-619-6289
Email - Jnathanson@remingtonfg.com

Remington Financial Group - Funding Options

Joel Nathanson (Remington Financial Group, Inc) — Tue, 19 Aug 2008 10:05:58 -0500

Remington Financial Group

Specializing in complex transactions starting at $1 Million and moving upward, Remington Financial Group (RFG) has secured billions in commercial financing since our inception in 1993. We focus on providing solutions for challenging financing needs that other firms might shy away from. Our track record of completed large and small transactions demonstrates our proven ability to pair challenging commercial ventures with appropriate financing.

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 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'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.

Testimonials

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

Joel Nathanson
Sr. Account Executive
Remington Financial Group, Inc
8761 E. Bell Road Suite - #103
Scottsdale, AZ 85260

www.remingtonfg.com
www.remingtonfinancialclosings.com www.remingtonfinancialjointventure.com
Office - 480-905-3840
Direct - 480-570-0679
Fax - 480-619-6289
Email - Jnathanson@remingtonfg.com

Remington Financial Group - Recent News

Joel Nathanson (Remington Financial Group, Inc) — Tue, 19 Aug 2008 10:03:39 -0500

About Remington Financial Group

For the past 15 years, Remington Financial Group has successfully provided capital and financial services to experienced real estate owners and developers nationwide.

Remington Advisory Services

Testimonials

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

Joel Nathanson
Sr. Account Executive
Remington Financial Group, Inc
8761 E. Bell Road Suite - #103
Scottsdale, AZ 85260

www.remingtonfg.com
www.remingtonfinancialclosings.com www.remingtonfinancialjointventure.com
Office - 480-905-3840
Direct - 480-570-0679
Fax - 480-619-6289
Email - Jnathanson@remingtonfg.com

Remington Financial Group - Closings

Joel Nathanson (Remington Financial Group, Inc) — Mon, 18 Aug 2008 10:27:00 -0500

Remington Financial Group

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

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.

Advisory Services

Leverage Remington Financial Group's Expertise and Market Knowledge to Make Your Project a Success

Testimonials

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

Joel Nathanson
Sr. Account Executive
Remington Financial Group, Inc
8761 E. Bell Road Suite - #103
Scottsdale, AZ 85260

www.remingtonfg.com
www.remingtonfinancialclosings.com www.remingtonfinancialjointventure.com
Office - 480-905-3840
Direct - 480-570-0679
Fax - 480-619-6289
Email - Jnathanson@remingtonfg.com

Remington Financial Group

Joel Nathanson (Remington Financial Group, Inc) — Mon, 18 Aug 2008 10:24:37 -0500

Remington Financial Group

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

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.

Advisory Services

Leverage Remington Financial Group's Expertise and Market Knowledge to Make Your Project a Success

Testimonials

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

Joel Nathanson
Sr. Account Executive
Remington Financial Group, Inc
8761 E. Bell Road Suite - #103
Scottsdale, AZ 85260

www.remingtonfg.com
www.remingtonfinancialclosings.com www.remingtonfinancialjointventure.com
Office - 480-905-3840
Direct - 480-570-0679
Fax - 480-619-6289
Email - Jnathanson@remingtonfg.com