Remington Capital

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

The combined market-focused expertise of our Structured Finance Group at Remington and our Capital Markets Group, with its global network of public and private capital sources, takes the guess work out of construction lending so that our commercial real estate clients are able to secure the best possible interest rates and terms consistent with their objectives and market conditions at the time.

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.

At Remington, the Capital Markets, Business Development, and Structured Finance Groups are individually and collectively responsible for supporting the company’s rigorous due diligence activities regarding all current and new clients, including owners, developers and financing intermediaries.

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.

Remington is surviving the times due to superior customer service, unmatched production, and the ability to constantly pioneer creative new loan programs. Our fundamental strength – access to commercial capital – is more important than ever for the brokers we work with.

In the world of 100% financing, JV is the king. JV is an acronym for Joint Venture which is an equity participation loan that combines debt and equity.

Whether it is hard money lending, senior debt lending, commercial property lending or bridge lending – we often find a way when others can not.

Remington is your best access to capital, with hundreds of active capital sources.