Remington Capital – Tyler D. Kellet

According to data obtained from the Mortgage Banker’s Association, The volume of Construction and Development funding is very low. This is mainly created by lenders being very cautious in this sluggish economy.
Read the full story here.

Lenders and owners restructured $10.5 billion of troubled debt during the first quarter, up from $2.2 billion a year earlier, according the Ben Thypin, senior market analyst at Real Capital Analytics Inc. in New York. Such deals accounted for 49 percent of newly troubled and foreclosed commercial properties in the first quarter, compared with 13 [...]

Between 2010 and 2012, more than 80 billion dollars worth of CMBS loan are coming due. In a challenging economy, most sources of capital are not loaning out for refinance. Remington is not one of those sources. People often ask me, how does Remington secure financing, when others cannot? Remington has built relationships with hundreds [...]

In today’s market, credit is scarce, causing borrowers to turn to alternative sources. As delinquency rates continue to rise, there are more and more distressed owners. Remington offers many different types of financing to suit your needs. We have the necessary experience and resources to secure financing in a trivial marketplace.
To review Remington’s programs, please [...]

With the outlook as bleak as it is, what options do distressed owners have? They have a few, albeit none that many owners are likely to describe as attractive. Even so, mortgage brokers can play a positive role in helping their clients through this difficult time. Brokers may help distressed owners and developers seek refinancing [...]

Andy Bogdanoff, Chairman of Remington, has written an article on recapitalizing distressed borrowers and it was published in the February edition of Scotsman Guide.

Remington continues to expand our resources and capabilities as we complete transactions in today’s market. We have money to deploy – please give me a call if your bank has said ‘no’.

Remington has forged a solid reputation since 1993 of obtaining financing for the most challenging commercial property transactions. We operate in the US and around the world, and we have supported the success of our clients as far away as India.

The purpose of the Remington fraud policy is to establish a realistic deterrent to inappropriate business behavior. Remington does this with controls and procedures designed to prevent, detect, investigate and report any questionable activity that may involve an intention to scam or commit fraud including identify theft fraud against Remington, its staff, consultants, customers, financing intermediaries, and capital sources.

I am pleased to help our broker community find financing for their clients. We are their best access to commercial capital because of our connection to hundreds of actively-lending capital sources. Remington provides a variety of financing solutions including hard money financing, senior debt financing, joint venture financing, equity financing, mezzanine financing, commercial property financing and bridge financing.