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

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

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 proposal 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