Jones Lang LaSalle Hotels, which tracks asset sales $10 million and higher, reports more than $1.1 billion of hotel sales in the United States in September alone. To put that figure in perspective, consider there was only $2.2 billion transacted in all of 2009. Given that the velocity of transactions is accelerating, Jones Lang LaSalle Hotels has boosted its 2010 forecast from the just surpassed $4.5 billion to $6.5 billion.

The buying opportunity of a lifetime many expected has not arrived, but several recent trophy assets acquired in major markets for top dollar indicate the paralysis of the past 18 months is over. A schizophrenic climate has developed, though, as many distressed assets haven’t come to market and some stabilized properties in secondary locations have drawn little interest from buyers.

To learn more about Remington’s Recapitalization options, please click here.

Mezzanine financing fills the gap between equity and senior debt in the capital stack and is subordinated to the senior. Sources of mezzanine debt include pension funds, insurance companies, other financial institutions, state agencies and mezzanine debt funds.

Let’s discuss how mezzanine financing can fill your needs to support a problematic transaction.  Thank you!  Travis Schmidt

Access is a key to client success at Remington. What do I mean by ‘access’?

• Access to the unmatched expertise of our Structured Finance Group
• Access to our highly regarded global network of private and public sources of capital
• Access to equity, mezzanine, and senior debt financing, as well as special-purpose bridge and construction loans in minimum loan amounts of $500,000 in the U.S. and $5 million internationally

Every day I work closely with brokers, mixing and matching commercial lending options in creative ways to secure the best possible financing for owners and developers consistent with their objectives and market conditions. Let’s discuss your specific situation today.  Thank you!  Travis Schmidt

Consequently this week we are extending the Distressed Owner Recapitalization (DOR) Program to more brokers across the US and world. The early results are in, and we are helping brokers working on behalf of distressed owners and developers to close more transactions.  We’re offering fresh access to commercial capital and creative restructuring techniques to make those transactions possible.  

The Distressed Owner Recapitalization Program by Remington is being expanded this week with a broad introduction to more top brokers. I hope you will participate in our series of three webinars to learn more about the opportunity. 

Since 1993, Remington has built a successful track record of closing the most challenging debt, mezzanine, and equity capital transactions. Our experienced associates specialize in developing and executing financial structures that turn problematic transactions into successful closings. Because of the company’s strong connections to hundreds of active funding sources across the capital stack, commercial real estate and general business clients of Remington have access to some of the industry’s best sources of commercial capital.

Thank you. Travis Schmidt – Remington

We get transactions done. I enjoy working with entrepreneurs and business owners on their toughest capital challenges. We all go the extra mile to get it done for clients.

I’m very excited by the new Distressed Owner Recapitalization Program by Remington because it epitomizes our dedication to getting transactions completed through our second-to-none access to commercial funding across the capital stack. 

You’ll be hearing more about that new program here and at various sites including our Twitter account www.twitter.com/remingtonfg.  

At Remington we spend a lot of time restructuring transactions, talking with funding sources and working as a team to get transactions completed. I hope you’ll stop by from time to time to read my comments that are intended to help you in your business.

Thank you. Travis Schmidt – Account Executive at Remington