Remington Capital

In an effort to expand our data base of international capital sources our capital markets group has hired a summer intern from the thunderbird school of international business. Her efforts will be dedicated to developing additional international capital sources.

We are looking to associate with either existing businesses or start up companies that would like to refer clients to our company. These clients would be seeking financing. We would provide a full range of services to our referral partners which would include but not be limited to our industry leading access to capital sources. Interested companies or individuals should contact me directly.

Andrew Bogdanoff
President

We keep seeing the term distressed real estate more and more in the press and on the business news. I am sometimes asked what does that mean. Maybe the easiest explanation would be that the value of the subject property has fallen to a number which is lower than the unpaid balance on the mortgage. Remington has the ability to help both owners and lenders to optimize their options when these circumstances occur.

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.

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

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.