Joel's Twitter Feed
- Multifamily Lenders Share Their Biggest Concerns For The Road Ahead - http://nreionline.com/news/multifamily_lenders_biggest_concerns_0203/
- CMBS Delinquency Could Peak at 12%: http://bit.ly/8GMPdG via @addthis
- Remington Financial Group, Inc. - New Distressed Owner and Debt Opportunities Program, http://hubpages.com/t/db8c6
- Remington Financial has two new webinars are available for brokers to help find and structure new financing options for distressed owners.
- Lack of Bank Liquidity Threatens Commercial Real Estate Market http://www.dsnews.com/s/u-mhn2 #dsnews
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Let’s Talk Hard Money Loans
Remington has a successful history of securing hard money capital and financial services to real estate owners and developers worldwide. We’ve been doing it since 1993.
Remington is an expert in hard money loans, a higher-risk loan that usually is based on the quick-sale value of a property. Hard money loans are often issued for financially distressed properties. We recommend hard money loans in cases where there is sufficient collateral and a promising business or financial plan.
We offer an extensive network of private and public lending partners, dramatically improving successful close rates for borrowers in need of a fast-closing loan. With a successful track record of closing hard money transactions, Remington delivers competitive transaction options even in these challenging market conditions.
Hard money loans may be issued for non-traditional properties or borrowers – including property owners who may have missed a mortgage payment or real estate developers that are looking for immediate support.
Remington looks for companies that operate in expanding market sectors including specialty manufacturing, resource development and service providers. Remington will consider securing financing on a diverse variety of commercial properties including mixed-use, apartment buildings, assisted care facilities, business investment capital, corporate loans, commercial real estate, special purpose properties (such as car washes), construction loans, hotels, land development, retail, office and industrial properties.
A hard money loan is easily recognized by distinguishing characteristics including its ability to close quickly. Although a hard money loan typically carries a higher loan to value and more costly rates and fees, borrowers continually turn to this specialty loan because it can move from start to close in 30 days.
If you are looking to move quickly to take advantage of a low-cost property, to avoid foreclosure or any other issue, please give me a call and let’s discuss the hard money option. Thank you. Joel Nathanson