Surge In Bank Failures Emphasizes Need For Private Sources Of Commercial Capital

NEWS FROM REMINGTON CAPITAL

Surge In Bank Failures Emphasizes Need For Private Sources Of Commercial Capital

Since the U.S. financial crisis began in 2007, about 250 banks have already gone under. Hundreds more are expected to fail over the next few years. All of which contributes to the on-going liquidity crisis confronting a commercial real estate industry that needs to refinance $1.2 trillion in maturing debt by 2013. Worse yet, about 53% of those properties are underwater, meaning the value of their property is less than the senior debt they carry.

Right now Remington has access to billions of dollars in private commercial capital from lenders and investors around the world, all of them ready to step in to finance, refinance or recapitalize properties with intrinsic value. Over the years, we have built solid relationships with hundreds of them, including private equity funds, institutional and individual investors, certain corporations and many others.

For those unable to secure traditional bank financing, these sources of private capital represent a unique opportunity for you to step outside your normal comfort zone and explore new avenues of financing available in these challenging times.

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