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Global Outreach for Remington – Mexico and India

By
Mortgage and Lending with CNN Mortgage

Remington Financial Group has provided capital and financial services to business owners, real estate owners and developers/builders around the world since 1993.

Our services include originating, evaluating, structuring, preparing financing request packages and assisting with negotiation and coordination of placement. It all leads to successful closing.

We utilize a unique, highly disciplined transaction process that is different from conventional approaches. Each transaction is customized to help clients benefit from our second-to-none access to commercial capital and our distinctive brand of integrated financing. We have a successful track record of completed transactions - including real estate, hotel/resort, land development and corporate transactions.

Remington is highly experienced in international transactions as well. We have been particularly successful in Mexico, Latin America and India.

Remington in Mexico

US buyers continue to be interested in Mexican real estate because of lower property values and localized growth potential. Property taxes are low compared to the U.S. and Canada. Buyers in San Diego or Phoenix often look south where both residential and commercial real estate is more affordable.

Mexico property can offer rewarding long-term investment opportunities with limited risk. For comparable product types, cap rates in Mexico are approximately 200 to 400 basis points above US cap rates. With its increased gross domestic product (GDP) per capita, vibrant economy, and the strength of the peso, investing in Mexico can be a wonderful alternative. Mexico's foreign direct investment is at an all-time high.

Mexico's political climate is more open to investment than ever before. Changes in foreign investment laws, as well as the institutionalization of properties by US Title Insurance companies are two more reasons for increased confidence by foreign investors. AMB, Hines, ING, JP Morgan, ProLogis and Prudential have already made considerable commitments in Mexican real estate.

Real estate investment opportunities in Mexico tourism also exist. Approximately 300,000 to 500,000 Americans and Canadians take extended vacations in Mexico of over four months, translating into profitable weekly rental properties. The allure of beachfront vistas, vacation homes, and retirement villas are among the many reasons that over 1.5 million Americans now own property in Mexico.

The Remington team supports owners and developers in Mexico with their commercial and industrial capital requirements.

Remington in India

India is experiencing one of the strongest and most long-term periods of economic growth and prosperity. Commercial real estate investing is ‘on a tear': http://knowledge.wharton.upenn.edu/india/category.cfm?cid=8

Economic growth forecasts for India look positive 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.

We support investors and developers in India and across Asia with financing across the capital stack. We look forward to working with you.  Thank you.  Shayne Fowler

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