Cash-strapped landlords fail to evict tenants
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 [...]
Read MoreEarly 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 [...]
Read MoreInvestors Find Opportunities
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 distressed [...]
The Remington Chairman Andy Bogdanoff recently met with national experts to discuss breaking through the current commercial real estate liquidity crisis.
Read MoreI’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.
Read MoreRemington Provides a Way Out
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.
Read MoreRecapitalization: First Step in Helping Distressed Owners
This week I was working with Andy Bogdanoff, Shayne Fowler, Joel Nathanson, Donavon Ostrom 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 [...]
