Distressed Property Recapitalization from Remington Capital

SPECIALIZED FINANCING

Now Available: The Distressed Property Recapitalization Program from Remington Capital

Remington has several financing programs for commercial real estate brokers working and property owners. One is the Distressed Property Recapitalization (DPR) program, which was inspired by Andy Bogdanoff, Chairman of Remington. For owners and brokers unable to refinance commercial mortgage loans, Remington can tie together our expert capital advisory services with access to hundreds of active private funding sources ready, willing, and able to recapitalize troubled commercial real estate assets across the capital stack.

So if you are looking to finance or refinance an existing property for yourself or your clients, or recapitalize a troubled one, give us a call and let's discuss the world of capital options available to you at Remington Capital.

INDUSTRY NEWS FROM REMINGTON CAPITAL

BORROWERS ALERT: CAPITAL BEING INVESTED IN RE-PRICED, DE-LEVERAGED CRE ASSETS

The money is there

"The money is there," according to a prominent commercial real estate research group. "There is equity that wants to invest in the market. The issue is more about re-pricing and de-leveraging than liquidity." The point being made is that capital is being invested today in commercial real estate assets that have been re-priced to a level that makes sense and with sufficient de-leveraging to a point where the loan is not too much above the value of the asset. "The industry," the research group contends, "is at a stabilization point with commercial property becoming attractive on a relative basis and getting the attention of many diverse investors." Some see this as a measured pathway "out of this severe and Draconian commercial real estate recession."

APARTMENT MARKETS FIRMING; BIG DEALS COMING BACK

It's been a great six months for apartment fundamentals

The national multi-family vacancy rate has fallen 30 basis points to 8.1% during the first half of 2010, as 90% of the top apartment markets in the U.S. experienced solid demand growth early in the year, accompanied by an up tick in big dollar investment sales. "It has been a great six months for apartment fundamentals," said one leading industry market strategist in his evaluation of the commercial real estate market. The apartment, office, industrial and retail sectors all enjoyed "a modest but relatively broad recovery at the year's halfway point." Phoenix, one of the metros hurt most by the burst housing bubble, topped the recovery list with more than 2.2% demand growth during the first half of 2010. Phoenix saw its vacancy rate drop by 185 basis points at mid-year. Meanwhile, as vacancy rates are falling, average sales prices are moving up. No deals of more than $100 million occurred in the first quarter of 2009. "We've seen 18 transactions over $100 million so far this year," leading market prognosticators to suggest the big market is starting to come back.