Remington Offers Lifeline to Brokers and Owners Looking to Finance
Enough already with the bad news. We get it!
Our focus at Remington is to continue bailing out brokers and owners with fresh access to capital – letting them ’stay in the game’.
The distressed commercial real estate market is up to $180 billion right now. Distress is spreading like a plague among all commercial property types, and can be found in just about every city, town and hamlet across the country. And that’s just the beginning. The on-going liquidity crisis, coupled to plunging property values, is expected to cause thousands of commercial real estate and other businesses to find themselves in need of more than trillion dollars in refinancing over the next few years with too few banks willing or able to extend the credit.
The answer for many distressed owners – other than bankruptcy or selling out – is Distressed Owner Recapitalization (DOR). At Remington, we partner with brokers and distressed borrowers, using the Remington global network of private sources of capital to recapitalize troubled properties. We do all the work. And brokers share in the benefit, earning 25% of the closing fee for every broker referral. To find out more about the Remington DOR program and how it can work for you, give our professional team at Remington a call at 480-251-9591. We can help!
Thank you. www.remingtonfg.com