REMINGTON FINANCIAL GROUP, INC. We have immediate access to capital for the following deals: •· New construction, 70-90% complete, and the bank can't continue funding the project •· Existing income producing properties where the bank loan has matured, the bank can't rollover or extend the loan, and the principal is unable to refinance the loan Our investors and lenders require the following: •· Solid developers and/or owner operators •· Banks willing to accept payoffs at a discount of 20-50% Typical deal structure: •· Investor or lender will buy or payoff the loan from the current bank at a discount •· They will take an equity position in the project and if new construction, provide the funds to complete the project •· Current pri...
Comments
0