Remington Financial Group (RFG), a veteran investment banking firm, secures financing of $1 million and up for commercial real estate projects. Based in Philadelphia, 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 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.

The company typically secures $1 million to $15 million in financing on joint venture projects. RFG has secured as much as $140 million on past JV developments, and it will consider financing up to $500 million on certain deals.

About Remington Financial Group

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.