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 learned in detail from Andy this week, the commercial real estate industry is a disaster waiting to happen. With $1.2 trillion in commercial debt due to mature by 2013 and with U.S. banks in a deep liquidity crisis, real estate owners here and across the world are facing tough challenges.

Remington is doing something about it. To assist distressed owners and developers, we’re delivering an investor-driven recapitalization program that pulls from private and institutional banking sources of capital. We’re leveraging our best access to commercial capital in order to support brokers and their clients in this tough situation.

The new program ties together the expert capital advisory services of Remington with a nationwide network of well-funded institutional and reliable investors that are ready, willing, and able to recapitalize troubled commercial real estate assets.

If you’re a broker looking to more effectively support your client base, let’s get you into program so that you and your clients can benefit as soon as possible.

Let’s work together to get us back on the right track.  Thank you.  Travis Schmidt

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