Remington Capital

During the ‘CMBS Outlook’ session at the Mortgage Bankers Association’s Commercial Real Estate Finance and Multifamily Housing Convention & Expo, Jack Cohen, CEO of Cohen Financial, clearly explained the position that many borrowers are going to be in this year as banks begin to take losses on the loans that they had previously been extending. … However, the only option for the borrower in his example isn’t just to pack it up and go home; recapitalization gives borrowers a chance to revitalize their projects and not lose the time and money they have already invested.

Because the volume of commercial real estate sales nearly doubled in 2010 from $54.6 billion in 2009 to over $100 billion, financial institutions now have a basis for establishing pricing which will allow them to decide whether or not it is in their best interest to foreclose on commercial properties in default. Here is a [...]

Across the country, evictions are down. The question is asked, why? The obvious answer would be that tenants are paying their rent on-time. That answer would be wrong, in-fact quite the opposite. Less Tenants are paying their rent on time. So again, why are evictions down? The fact is, landlords can simply not afford the [...]

Early estimates show that in the first quarter of 2010, commercial delinquency rates rose from 5.1% to 5.5%. Although 5.5% is well below the 8% delinquency in Q3 of 1991, this is still worrisome due to scarce credit and the overwhelming amount of maturing commercial loans. Current data shows that delinquency rates are only going [...]

As a recent article in DSNews.com http://www.dsnews.com/articles/investors-find-opportunities-in-distressed-commercial-real-estate-assets-2010-03-22 states, “Now is the time to invest.” With the access to capital, savvy investors have the opportunity to capitalize on the challenges holding the majority back – Remington doesn’t face this problem! With access to capital, all across the capital stack, RFG has been structuring this type of [...]

The Remington Chairman Andy Bogdanoff recently met with national experts to discuss breaking through the current commercial real estate liquidity crisis.

I’m also proud to announce three short webinars that are available 24/7 that explains how you too can benefit from our recent successes. Here they are – feel free to connect any time and then please give me a call and let’s talk about how we can help you.

Every day at Remington we see brokers who are working harder for less closings, and we are dedicated to helping them turn that situation around. Consequently this week we are extending the Distressed Owner Recapitalization (DOR) Program to more brokers across the US and world.

This week I was working with Andy Bogdanoff, Shayne Fowler, Joel Nathanson, Capital Markets Director and the team at Remington on supporting distressed owners with recapitalization services. It is personally satisfying to offer this to owners and developers through our brokers because it serves such a vital role in the U.S.’s economic recovery. As I [...]