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'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 - 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.