Remington Capital Seeks To Expand International Presence

NEWS FROM REMINGTON CAPITAL

Remington Capital Seeks To Expand International Presence

It's an "ill wind" that doesn't blow some good somewhere. Take the global financial crisis, for instance. The fact that commercial markets have begun rebounding in some countries faster than in others has opened up very attractive investment opportunities for investors and borrowers alike outside the U.S.

For this reason Remington Capital is committed to extending its international presence. "Remington Capital is exploring the impressive growth potential for commercial real estate and other financing opportunities in other countries," explains Chairman Andy Bogdanoff.

Remington Capital is already well versed in international transactions, having secured commercial financing for projects in Costa Rica, Canada, and Mexico. Examples of successful Remington international transactions include:

$9.5 million in senior debt for construction of luxury condos in Costa Rica;

$1.2 million in senior debt for the acquisition of a multifamily property in Canada;

$15 million in senior debt for acquisition and development of a 600-unit residential community in Baja California Sur;

$40 million in senior debt for land acquisition in Baja California Sur;

$16 million in senior debt for acquisition and development of a luxury hotel in Sonora, Mexico.

"Our international objective," Andy said, "is to provide access to capital for commercial projects of $5 million or more in non-U.S. markets where opportunities exist for potentially rewarding long-term investments with limited risk.

"Remington's global network of some 600 capital sources places Remington in a very solid position to provide clients with access to commercial capital wherever in the world they need it."

SPECIALIZED FINANCING

Your best access to commercial capital

Since 1993, Remington Capital has provided the commercial real estate industry the industry's best access to debt, mezzanine and equity financing. Over the years, we have arranged billions of dollars in often-complex financing transactions for a full range of commercial property, including land, hospitality, multi-family, office, industrial, retail and others. Closing challenging transactions is what we do.

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.