Remington - Nearly A Billion Dollars In Lender Approvals

There's only a liquidity crisis for those who don't know where to look for commercial capital. Despite the on-going credit crunch, the capital markets specialists at Remington are finding lots of lenders and investors in our global network of capital sources are ready, willing and able to finance viable commercial real estate projects.

The record speaks for itself. Despite the on-going credit crunch, Remington arranged nearly a billion dollars in loan offerings during 2008-2009. During that challenging period, Remington secured $953.7million in lender approvals for transactions involving industrial, hospitality, land, multi-family, office, and retail projects. Moreover, lender approvals are continuing in 2010.

Offers are coming in from all types of capital sources, including banks, private lenders, correspondents, and others. Included are approvals for new construction, permanent financing and refinancing. We also have received offers to finance business expansion through SBA programs with real estate as collateral.

There are two reasons Remington has had that kind of success in today's challenging market. The first is our Structured Finance Group of well-trained and market-focused consultants. These top-notch specialists provides each and every CRE client with hands-on counseling and guidance through every step of the complex transaction process from origination to closing, no matter how large or small the transaction may be.

What really puts Remington a step ahead of our competition is the global network of nearly 400 active lenders and investors with whom our Capital Markets Group has established strong on-going relationships. This cross-section of capital sources offers a variety of commercial financing options, including joint ventures, equity, mezzanine, and senior debt financing, as well as bridge and construction loans, in minimum loan amounts of $1,000,000 in the U.S. and $5 million aboard.