
Remington’s Affiliate Broker Program
Remington has successfully launched our affiliate partner program, and are proud to present this great opportunity to you. Some of the benefits of this program include:
1. Significant commissions for just referring new transactions to Remington
2. Get 25% of Remington’s success fee for any successful fundings
3. Work with the most established capital firm in the country, offering the best service in the industry
4. Have access to our massive capital network
5. Constantly get updates of what’s new in the marketplace
6. Rewards for top producing affiliate partners
7. We offer enough marketing materials for you to hit the ground running in your search of new business
Remington specializes in arranging financing for complex commercial and business transactions 500k and up.
For more information, please contact me. My info is below.
Aaron Bogdanoff
Director, Affiliate Relations
Phone: 480.659.5187, Cell: 480.390.9208
Fax: 480.314.3745
aaron@remingtoncapitalinc.com
Remington Rolls out Affiliate Broker Program
Historically, Remington has always offered the best programs and services to our clients. It is now refreshing to announce, we are taking equally good care of our brokers. Recently, we have rolled out our new Affiliate Broker Program, which allows us to better compensate our brokers for referral business.
This program is targeted toward the broker who has a significant volume of transactions, in which he needs assistance in placing. We know that brokers have many options when pursuing financing of a commercial transaction, and this program should motivate them to bring it to Remington, prior to doing any leg work.
For more information on this program, or to find out how to become an affiliate broker, please contact me.
Aaron Bogdanoff
480-659-5187
Commercial Delinquency Rate Still On The Rise
Despite signs of the Economy turning around, the Commercial delinquency rate is still on it’s way up, with no signs of turning back. The term “distressed owner” is becoming more and more popular. With revenue down, owners are unable to make payments and fall behind. Thus, they and their property become “distressed”. The amount of distressed properties, is not showing signs of decreasing, causing lenders to sell off the “distressed” loan.
Remington’s Distressed Owner Recapitalization program is designed to relieve distressed owners.
So if you have a distressed property, please contact me as I would like the opportunity to review your project.
Aaron Bogdanoff
480-390-9208
Remington’s Joint Venture Program
Since our inception in 1993, Remington has been very active in the Joint Venture marketplace. Going forward, we see this as a hot sector. Please read through below to learn more about Joint Venture financing.
A joint venture is a contractual agreement joining together two or more parties for the purpose of executing a particular business undertaking. All parties agree to share in the profits and losses of the enterprise.
In commercial real estate, certain investors have a strong appetite for joint ventures with experienced owner-operators or developers, particularly those with a track record of success in a particular market. Investors tend to seek partners who can create value in ways they can’t on their own. Creation of value can come in many ways, such as the identification of off-market transactions that are purchased at attractive prices, the rehabilitation of an asset, more effective management of a property, or ground up development of an asset.
Yield expectations among institutional equity investors vary based on several factors, including transaction risk, desired hold period, the amount of leverage, and the amount of co-investment by the sponsor. Generally, investors seek five-year internal rates of return between 15% and 18% on an un-leveraged basis. On a leveraged basis, returns generally range between 18% and 22%. In many instances, institutional equity partners seek to limit overall property leverage to between 50% and 60%, thus lowering the internal rate of return to the sponsor.
Joint venture equity transactions generally are structured so that the institutional investor contributes between 80% and 90% of the required equity, with the sponsor investing the remainder. Joint ventures usually include buy/sell agreements that allow a sponsor to buy out the partner within a specified time period. Investor’s generally have approval rights over major decisions including financings, sales and annual budgets.
For additional information, please visit our JV website at www.remingtonfinancialgroupjointventure.com
Aaron Bogdanoff
480 659 5187
More and more evidence is coming out to support our firm belief that Remington has more access to commercial capital than anyone. It has been cited in many news publications, as well as all over CNN, MSNBC etc documenting the inability of banks to deploy capital.
This lack of bank lending was only problematic in certain markets as of 2008, but it is not being shown that most all American markets are suffering today. Please see link to article below for more:
http://www.mortgagebankers.org/tools/FullStory.aspx?ArticleId=12083#full
At the end of the 1st quarter, Remington was able to identify over 450 active lending sources that cover these type of deals. Bottom line is that we have the ability to get deals done across the board even in this tough economic climate. It is very encouraging for me to be able to deliver this powerful message to my brokers and borrowers. When it seems that you have run dry of all your lending resources, give me a call and I will give you my best effort to obtain a lender interest in your transaction. I also have the ability to get brokers 25% of Remington’s success fee at closing.
Aaron Bogdanoff
(480) 390.9208
Commercial Properties Have Seen Better Days
The commercial real estate community is breathing easier. It has survived and economic crisis that has wreaked havoc on property markets. The recovery of commercial property markets remains uneven. See this chart: Better Days Chart. For borrowers seeking financing for new construction and on unstabilized assets, the flow of capital is slow. Remington offers a variety of financing options in these hard economic times.
Remington Provides Light to Clients at the End of their Rope
Since its inception, in 1993, Remington has specialized in arranging financing for complex commercial real estate and business transactions. Throughout our existence, we have successfully funded over $5,000,000,000.00 in transactions. Some of these case studies can be found at www.remingtonfinancialclosings.com. Still today, Remington is helping its clients who have been told no everywhere else successfully complete their transactions.
In today’s challenging marketplace, terrific customers are being told NO by their banks for the first time in their professional careers. Even with 10+ successful transactions under their belts, and large accounts, their bank just doesn’t have the ability to provide them with the necessary financing. This is when Remington, the Best Access to Commercial Capital tm, can be utilized better than ever.
Remington represents a massive network of lenders and investors, which allows us to offer the most aggressive and accurate pricing in the marketplace. We are successfully obtaining lender approvals on a daily basis. If you or your client is having a tough time finding a home for a transaction, please give me a call and we can discuss the multiple financing options that we have available.
Aaron Bogdanoff
aaron@remingtonfg.com
480.659.5187
Remington Pioneers Latest Lending Trends
Here at Remington, a financial advisory firm that has been helping it’s client’s obtain financing since 1993 has continued to stay on top of the lending world by consistently offering a wide variety of loan products. The reason for Remington’s ability to do so can largely be attributed to our capital markets division. Our capital markets division puts 100% of their focus on vetting new sources of financing, while maintaining our outstanding relationships with our current sources. In 2009, we discovered that distressed real estate would be the next niche that Remington can assist its clients in obtaining financing for.
We have recently launched our DPR program, which focuses on exactly that, distressed real estate. I came across an article this morning in our local Arizona publication that truly reinforces the need for this type of financing, and its likelyhood of becoming a huge sector in the financing world in the near future.
Please see article below, if you have clients that have a need for this type of financing or you are a real estate owner having trouble getting refinanced, we are here to help.
http://www.costar.com/News/Article.aspx?id=80496850836632BCD7F0DFD2FE1D4D4F
For more information about the numerous loan products available through Remington’s massive network of capital, please contact me at (480) 659.5186 or aaron@remingtonfg.com .
Is There Any Financing Available In My Local Market?
In Scottsdale, I am meeting developers on a daily basis that want to know, can I get financing through my local outlets. They are so used to being able to walk into their local banks to get their construction and development financing. The message that I keep relaying to them is, No. Unfortunately, the banks are not currently interested in seeing new construction as they have an outstanding amount of current debt in their books. I have had developers represent to me that they can put 50% of the total project cost down and their banks are still saying no.
Remington of Scottsdale Arizona has the answers to these queries in problematic times. We have successfully built a track record of getting hard to do deals done in times of need. Remington works with hundreds of sources of capital, which cover the entire capital stack. In most all cases, our clients have been turned down by all conventional outlets, and it is a hard pill for them to swallow. They love the services Remington offers because we can show them the light, and work with them on ways to get their transaction closed.
Recently, we have launched our DPR program, which specializes in helping real estate owners who currently own distressed properties get refinanced. We have cornered the market with this program, and have had great success.
Additionally, we are working in a Joint Venture capacity to develop our own bridge fund. This development is in the due diligence process and looks to be very promising.
For additional info, or to present a loan scenario please send me an email or give me a call, my contact info can be found below.
Aaron Bogdanoff
(480) 390-9208
aaron@remingtonfg.com
More and more evidence is coming out to support our firm belief that Remington has more access to commercial capital than anyone. It has been cited in many news publications, as well as all over CNN, MSNBC, etc. documenting the inability of banks. This lack of bank lending was only problematic in certain markets as of 2008, but it is now being shown that most all American markets are suffering today. Please see link to article below for more:
http://www.mortgagebankers.org/tools/FullStory.aspx?ArticleId=12083#full
At the end of the 1st quarter, Remington has relationships with over 400 active lending sources that cover these type of transactions. Bottom line is that we have the ability to get transactions done across the board even in this tough economic climate. It is very encouraging for me to be able to deliver this powerful message to my brokers and borrowers. When it seems that you have run dry of all your lending resources, give me a call and I will give you my best effort to obtain a lender interest in your deal. Brokers, I can payout 25% of my success fee to you at closing.
Aaron Bogdanoff
(480) 390.9208
