Remington Capital – Travis Schmidt

I’m pleased to further announce a new website that more broadly covers mezzanine financing options with Remington. It is located here: www.remingtonfinancialmezzaninefinancing.com

The capital stack is described as containing the most risk at the top and traveling down the stack to the position with the least risk. Higher positions in the stack expect greater returns for their capital because of the higher risk.

Remington was able to complete the transaction due to the strength of the property and the borrower’s good insight throughout process. As a result, Remington structured $960,000 senior and mezzanine financing, representing a 95 percent LTV when combined with the seller financing which occupied a third mortgage position.

Our team at Remington has unsurpassed access to a well-funded network of public and private capital sources for minimum transaction amounts of $500,000 in the U.S. and $5 million abroad.

In today’s challenging lending market, Remington is a strategic partner with a strong record of success, especially for projects that went unfunded from conventional approaches.
We are ideally positioned as an intermediary between clients in need of financing (especially those with problematic projects) and hundreds of institutional sources of commercial capital with whom Remington has strong, [...]