Remington Financial Group, Inc. - (RFG) - Has the Expertise to Close Commercial Financing Transactions

About Remington Financial Group, Inc (RFG).

For the past 15 years, Remington Financial Group has successfully provided capital and financial services to experienced real estate owners and developers nationwide.

Remington's success is built upon well-established relationships with highly regarded domestic and foreign based capital sources (both private and institutional). Our vast lender network, combined with market expertise and a highly disciplined due diligence and transaction process, means clients benefit from integrated, seamless financing.

Remington works to provide customers with a clear picture of the status of their transaction, as well as any fees associated with the transaction throughout the due diligence process. We work proactively to identify and overcome challenges before they become barriers to a successful close.

Remington Financial Group offers a variety of creative financing options with highly competitive rates for conventional financing, bridge loans, construction loans and hard-money loans while delivering exceptional service throughout the financing process.

Representing clients exclusively, Remington carefully manages the formation of all capital levels so they are structured and tailored for each individual transaction. This process saves clients both money and time while greatly reducing transaction risk. Where other sources were unable to execute at all, RFG has repeatedly delivered refined capital solutions to complex transactions.

Remington Financial Group (RFG) - Recent Case Study

Acquisition Financing: $7.5 Million for Name Brand Connecticut-based property

Remington Financial Group Inc., structured and secured high leverage acquisition financing for the purchase of a name brand hotel company. The newly renovated 150-room hotel, which was purchased by a New Jersey based hotel investment and management firm, is centrally located at the crossroads of Connecticut.

The property was originally purchased by a NY-based private-equity group in late 2003 and was extensively renovated in 2004. Despite these upgrades, the property continued to under-perform expectations, showing a negative cash flow of $500,000 annually. In contrast, RFG Hospitality Capital and the investment and firm saw significant up-side.

RFG mitigated the negative cash-flow and secondary-market location issues by illustrating the investment firm's proven track of turning around mismanaged properties. This enabled RFG's lender to become comfortable with the deal and as such provided an aggressive three year floating-rate non-recourse bridge loan priced at 375 bps over LIBOR representing 94 percent of the purchase price and 75 percent of the total acquisition budget.

A representative of the investment firm was quoted as saying, "RFG worked quickly and efficiently to produce results. The process involved multiple steps and multiple points of potential failure, and RFG provided insightful comments and constructive prodding to keep the process from slowing down."

Remington Financial Group - Recent Land Development Closings

$2.8 MM - Development Company, Equity/Debt Financing - NJ

$1 MM - Hotel, Development Site - NV

$4.7 MM - 600 Unit Planned Residential Land Development Community, Participating Acquisition & Development Financing - MD

$1.25 MM - Residential Community, Equity/Debt Acquisition & Development Financing - NC

$8 MM - 600 Acre Residential Master Planned Community, Equity/Debt
Financing - CA

$11.25 MM - Golf Course Fronting 128 Unit Luxury Townhouse Community, Equity/Debt Acquisition & Development Financing - NJ

$7.25 MM - Residential & Golf Course Community, Equity/Debt Acquisition & Development Financing - NC

$12.5 MM - 10 Acre Parcel slated for Multi-Family and Retail Development, Pre-development Land Financing - PA