Remington Capital

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 [...]

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 [...]

I’m often asked by new brokers as we get started working together why they need to pay a fee to use Remington. At some level I understand their concern – they don’t know Remington yet and how completely we can help with their transaction – with access to commercial capital and expert advisory services. At [...]

In our profession there are always new financing products and opportunities becoming available. The capital marketplace is switching from one hot product to another. Realizing this trend, I have made it my personal commitment as a team member of Remington to keep my business contacts in the loop.

Remington continues to thrive, growing stronger as our capital markets group secures even more new sources of funds, ranging up and down the capital stack.

We pay for referrals. Remington offers brokers 25% of the fee collected at closing for introducing the relationship with an owner or developer looking to have their transaction funded.

The Distressed Owner Recapitalization (DOR) Program is a special financing program offered by Remington for distressed owners of commercial real estate.

Typically, a hard money loan vehicle is put in place to fund as quickly as 10-14 days, in comparison to where a conventional loan will take an average of 45-60 days. In exchange for the quick funding, you are going to be given an interest rate in the range of 12-16% with a loan term ranging from 6-18 months. There will also typically be an origination fee due at closing of 4% of the loan amount.

Here are Remington I’m often presented with a project that is very highly leveraged where the broker referring the deal insists that it should be a ‘slam dunk’ and deserves a straight debt loan quote. It is important that we are able to come to an understanding of where this particular project fits into the capital stack.

Overall, it is important for brokers to know that Remington has their back. You are our lifeline to business, and we will do whatever we can to assist you and your success. Please give me a call to discuss referral fees up to 25% at closing. I’m at (480) 390.9208.