About Remington Financial Group, Inc.
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 lending partners 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's 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. - 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. - 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
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