When banks say 'No' to commercial financing, it's time to call Remington Capital

Remington has access to hundreds of active private capital sources with billion of dollars available to finance, refinance and recapitalize viable CRE projects

Its no secret. The commercial real estate industry is in great distress, with many owners and developers facing the prospect of having to sell or declare bankruptcy because they cant find financing. If thats the case, they havent called Remington Capital.

Heres the problem in a nutshell. CRE property values have plummeted. Most commercial projects are underwater! Cash flow is down and defaults are up! Distress is everywhere, as hundreds of billions of dollars in commercial real estate debt is about to mature! Meanwhile, banks have their own problems with an on-going lack of liquidity brought on by deteriorating portfolios. And the recent surge in bank failures is making it harder for commercial loan brokers to find financing for CRE clients when most of the traditional sources of capital cant or wont extend new credit.

Whats the answer? When the banks say No, its time to call Remington Capital. Thats the marketing mantra Remington Capital has been espousing since Andy Bogdanoff, Remington chairman and a financing expert for more than 35 years, founded the international commercial real estate investment company in 1993. Since then, Remington has secured more than $5 billion in financing across the capital stack for all types of commercial property, including nearly a billion dollars in approvals during 2008-2009.

Remingtons time-tested specialty is providing access to capital not promises. In many instances, we are the best, last resource for commercial loan brokers that have tried and tried to find traditional bank financing without success. Our Structured Finance group has the knowledge and expertise needed to structure and restructure even the most challenging transactions into successful closings. This is made possible by the constant efforts of our Capital Markets Group to assemble and expand of Remingtons global network of some 600 active public and private sources of capital, all of them ready to step in to finance, refinance or recapitalize properties with intrinsic value especially those unable to find financing elsewhere. 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 commercial loan brokers unable to secure traditional bank financing, Andy explained, Remingtons sources of private capital represent a unique opportunity for brokers and their clients to step outside their 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.