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.
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The Distressed Owner Recapitalization (DOR) Program by Remington also helps developers who face difficult financial decisions. The Capital Markets and Structured Finance groups at Remington provides access to more active funding sources across the capital stack in order to recapitalize after property value losses of 40% or more since 2007.