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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Distressed Owner Recapitalization options
For Close to two years, commercial real estate lenders have put off dealing with distressed loans. Although retail sales are on the rise, the amount of distressed owners in retail properties continues to grow. Until now, banks have spent most of their time resolving residential and construction loans. This year, they are turning their attention towards retail and office loans. Since this time last year, the amount of retail properties on bank balance sheets has more than quadrupled. The number of distressed properties has more than tripled. This is where Remington’s recapitalization program comes in.
I’m extremely confident in the individuals that work together to make up our Capital Markets Group here at Remington. In this challenging marketplace experience, work ethic, and relationships are the only things that separate you from the rest. It is our dedicated effort here at Remington to do everything in our power to make your project a successful one. To read more about our Capital Markets Group, please click the link below.
Remington Supports Your International Investments
At Remington we can arrange commercial financing for properties in the US and nearly anywhere in the world. Our minimum for international commercial transactions is typically $5 million. Here is a list of some recent international transactions completed by Remington:
$16 MM – Luxury Hotel, Acquisition / Development Financing – Mexico
$40 MM – Land Acquisition, Acquisition / Development Financing – Mexico
$15 MM – 600 Unit Planned Residential Land, Development Community – Mexico
$9.5 MM – Luxury Condos, Construction Financing, 85% LTC 30% presold – Costa Rica
$1.2 MM – Apartment Complex in Prince Edward Island, Acquisition Financing, 85% LTC – Canada
Our footprint has expanded into many growing companies including Mexico and India.
There are many reasons Remington extended its growth to Mexico. Among these is the proliferation of opportunities for rewarding long-term investments with manageable risk. For comparable product types, cap rates in Mexico are approximately 200 to 400 basis points above U.S. cap rates. With a still vibrant economy and strength of the peso, investing in Mexico still is strong.
Remington also brings its vast skill and expertise in the real estate, construction and development banking sectors to India. There our clients enjoy the strong, sustainable growth in one of the most robust real estate and investment markets in history. India remains strong – and we are ready to support financing your investments there. Thank you - Joel Nathanson