Remington Capital

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.

The team at Remington will be participating in the Crittenden National Conference scheduled for April 25-27 in Las Vegas, Nevada.  It’s a three day event for commercial real estate professionals that includes 7 hours of educational sessions and multiple networking opportunities.

For the past 25 years Crittenden has been helping business professionals by providing tools to succeed.  We encourage you to join Remington in Las Vegas at this highly rewarding conference, especially if you are any of the following:

• Developer
• Permanent & Bridge Lender
• Real Estate Investor
• Banker
• Distressed Debt/Equity Group
• Broker
• Owners/Property Manager

More information at http://www.crittendennational.com/faqs.html.

We look forward to making additional connections at the Conference.  Through our unmatched access to capital, we have money to deploy and we are eagerly seeking additional brokers who need to find financing for their commercial real estate owner clients. Find out more about Remington at www.remingtonfg.com.

All the best, Andy Bogdanoff

I am pleased to announce that our core lenders and investors seek new opportunities to deploy capital, and they are relying on Remington to deliver these opportunities to them.

We need your help. If you are a broker looking to complete a transaction on behalf of a client, we can help you access the money you need, even if the owner is upside down on their project.

Remington has access to hundreds of capital sources ready, willing, and able to provide equity and debt financing. The commercial capital is available. Don’t wait until you’re at the end of your rope. Call us today for a solid lifeline to capital.

Our Capital Markets and Structured Finance Groups are actively seeking brokers who have challenging but viable commercial real estate projects.  We often work with those who have been denied financing from banks.

Thank you – Andy Bogdanoff

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

George L. Redheffer, a senior specialist in financial and investment planning, has joined Remington as Placement Officer in the company’s Capital Markets Group. We are pleased to make the announcement at the beginning of a new year full of opportunities for our clients.

Remington has helped structure billions of dollars in debt and equity financing for hundreds of commercial real estate and other business clients nationwide. Our access to active capital lender is unmatched, and we contine to grow our team in order to preserve and expand our strength in serving the broker and owner communities. We find financing after banks say ‘no’.

George brings to Remington more than 18 years of finance and investment planning experience with such financial services companies as Merrill Lynch and Smith Barney.

We are pleased to have George as our newest associate. His impressive background in debt and equity financing, investment management, and corporate finance will be an invaluable addition to our Capital Markets Group.

As Placement Officer at Remington, George will be responsible for identifying and expanding on-going working relationships with traditional lenders as well as the company’s global network of public and private sources of capital.

George holds a Master of International Management from the American Graduate School of International Management and a BS in Business Administration from the University of Arizona.

Read more about Remington at www.remingtonfg.com.

Even in tough economic times, Remington finds and delivers commercial capital because we know where to look. We’ve structured billions of dollars in debt and equity transactions for thousands of commercial real estate owners and other businesses, including borrowers unable to obtain traditional bank financing.

Relying on private sources of capital, our team has earned top marks from brokers, borrowers, and lenders for expertise in structuring creative financing solutions for small and mid-size businesses across the country.

Several attributes differentiate Remington from other capital services companies. One is our market-focused Structured Finance Group, the industry’s most experienced consultants and loan officers. These professionals guide every financing transaction along the way from origination and due diligence through underwriting, placement, and closing.

Another differentiating characteristic of working with Remington is our unmatched access to global lenders and investors with whom we have cultivated strong and active relationships. Our extensive network offers our clients a variety of financing options, including joint ventures, equity, mezzanine, and senior debt financing, as well as bridge and construction loans, in minimum loan amounts of $500,000 in the U.S. and $5 million aboard.

Finally a third differentiator is our ability to reconcile the varied interests of borrowers and lenders in the financing process while simultaneously structuring creative solutions to the often-complex requirements of all parties to the transaction. We provide each and every commercial client the best possible financing advice, transaction expertise, and lender knowledge at a reasonable cost.

The ultimate measure of our success is the strong relationship by Remington with the many brokers, borrowers, and lenders with whom we’ve helped structure thousands of successful financing packages – especially when banks are unable or unwilling to provide needed financing.

That’s why those most familiar our successful track record say, “Remington is where you go when banks say no.” We’re proud of that reputation! 

May you gain the financing you seek in 2010. Give us a call and we can explain further how we can help.

Happy New Year!  Andy Bogdanoff – Remington

Donn Reinelt has joined the Capital Markets Group of Remington as Managing Director. Donn has been a top advisor to major institutional investors for decades and brings a wealth of experience and skills to the Remington team, and he already is helping us to expand our unmatched connections to active lending sources on behalf of clients for Remington.

With over 20 years experience as an institutional investment consultant, Donn Reinelt has worked directly with large and small public and corporate pension plans, endowments and foundations, and major family investment groups. Prior to joining Remington, he held senior business development and consulting positions at Sciens Fund of Hedge Funds, Northern Trust – Wealth Management, and KMPG Investment Consulting Group, specializing in alternative investment solutions for U.S. and European clients.

At Remington Donn will be responsible for identifying, expanding and managing strong and on-going working relationships with the company’s global network of public and private capital sources and for developing and introducing proprietary real estate financing funds to institutional investors.

The extensive close-up lender experience Donn brings to our Capital Markets Group adds to the overall ability by Remington to better serve the needs of our clients across the capital stack.

A Chartered Alternative Investment Analyst and member of the CFA Institute, Reinelt has an MBA in finance and international trade from the University of Chicago and a BS Degree in Engineering from the University of Michigan.

Since 1993 Remington has helped structure billions of dollars in debt and equity financing for hundreds of commercial real estate and general business clients, particularly those unable to secure traditional bank financing.

Remington came through 2009, and most of  you did too!  What doesn’t kill us makes us stronger, and the year certainly had its challenges. But the team here at Remington persevered, and we were able to continue a long string of successful transaction years in our history – dating back to 1993.  In retrospect 2009 was one of the toughest years, but 2010 looks like a much better year for those with the foresight to make good decisions in commercial real estate.  We look forward to supporting your success, and Happy Holidays from everyone at Remington.  Thank you, Andy Bogdanoff

Remington is implementing the Distressed Owner Recapitalization Program to our network of brokers in the US and beyond. It gives brokers an opportunity to give distressed owners a way out of their commercial property predicament.

For those unable to refinance loans, we can tie together the expert advisory services of Remington with access to hundreds of active private funding sources ready, willing, and able to recapitalize troubled commercial real estate assets across the capital stack.

Tyler Hufford, Executive Managing Director at Remington, articulates the program in a brief presentation posted online.  I welcome you to login and listen here: https://remingtonfg.ilinc.com/perl/ilinc/lms/register.pl?activity_id=zrwpcvp&user_id=

As you have questions or wish to participate in the program, please give our team a call!  Thank you – Andy Bogdanoff.

If you’ve been thinking that the U.S. is largely alone with the pending disaster in commercial real estate, think again. Distressed commercial sales are a growing global reality, not just an impending disaster in the U.S.  Last week’s news about Dubai is further evidence of the global challenges.

Eighty percent of countries recently surveyed showed an increase in distressed sales compared to three months ago, with the U.S. experiencing the second largest surge.

The rush for commercial capital is underway, and banks are in a poor position to answer the call. Lack of bank liquidity is only part of the problem. Terms have also become so stringent that, even if sufficient credit were available, two-thirds of owners needing refinancing “won’t make the grade,” according to Deutsche Bank.

With $1.2 trillion in commercial real estate debt maturing by 2013, owners are beginning to scramble in droves trying to refinance maturing loans. But with only 30% of commercial banks able to lend anything, many owners are likely to come up empty and be forced to sell their property – if they can find a buyer in this down market – or declare bankruptcy. There is another choice, however Recapitalization!

For experienced brokers, the opportunity to help distressed owners recapitalize property they are unable to refinance opens a significant avenue for added business growth over the next few years.

At Remington, we are working with brokers and their distressed owner clients to recapitalize troubled properties by identifying new equity partners and securing new debt. We call it the Distressed Owner Recapitalization (DOR) program. What makes it work is our unmatched global network of public and private sources of fresh, new funding that is available for investment in troubled properties with intrinsic value. For many distressed owners, the Remington DOR program is the difference between giving up equity to stay in the game and giving up altogether.

I’m Chairman Andy Bogdanoff, and you have my commitment that Remington is redoubling our efforts to help the recovery from this devastating financial tsunami.