Remington Capital

We are excited about a new fund that our capital  markets group is putting together. This fund will be for the acquisition of real estate in Australia and japan. The economic times have created many outstanding opportunities in these countries. We hope to launch the fund shortly.

Our capital markets group has reported than they are getting very positive feedback that more and more capital sources are showing an increased demand for more business. We consider this to be a very positive development.

We are often presented with clients who have had their financing requests turned down one or more times. Notwithstanding this we are often able to arrange financing for these clients. Very often the client may have failed to present their financing request in the best light or they just did not approach a capital source that was right for them. Our value add is that we can present the transaction in its most favorable light and do have the right capital sources.

We are very pleased to have established a strategic partnership with the finest financing consulting firm in Australia. We feel we will now be able to better serve the needs of our Australian clients. We look forward to greatly increasing our market share.

We are pleased to announce we have recently entered into an agreement with a business consulting firm and a law firm to offer a new service. This program is designed to assist companies which are financially troubled and or have had legal proceedings either currently or pending regarding unpaid creditors. if you know of companies that are facing these types of problems we might be able to help

It seems that we are seeing an increasing number of clients who have had long relationships with their lenders but are being turned away when they either have renewals or want to transact new business. These are companies which in the past have never experienced difficulty obtaining financing. With our vast number of capital sources we have been able to give them viable alternatives

Carrying over from 2009 we are continuing to see a trend of more and more clients who have been told that their existing lender will not be willing to renew their loan. In most cases the client has never missed a payment and has performed in accordance with the terms of their loan agreements. We believe this is almost always due to a change in policy by the lender or their lack of liquity that continues to create this problem. In most cases we have capital sources who are happy to meet the needs of these outstanding clients.

I am really happy with our two new additions to the capital structuring department. Our increased coverage in this area should enable us to achieve even better levels of service to our clients.

I am very excited about the developments in our capital markets group. They continue to add qualitative capital sources up and down the capital stack. Because their success we now have access to over 400 qualified capital sources currently deploying money into the markets today. Their success allows us to continue to provide the finest access to capital in the industry.

In this month’s Scotsman Guide I’ve written an article on options for brokers to consider as they work with borrowers who are under extreme stress due to the market conditions. The good news is that there are options out there, and Remington can help.  Read more here in the February issue of Scotsman Guide.

http://www.scotsmanguide.com/pdfs/BogdanoffCOM0210.pdf

We’ve been able to help a number of brokers already to obtain financing through the methods described in the article. Reach our to the team at Remington and we may be able to help you, too, with our expert advisory services, our best access to commercial capital and the Distressed Owner Recapitalization Program.  Thank you!  Andy Bogdanoff.