Remington Capital is Extending its Presence in Markets Outside the U.S.

SCOTTSDALE, Ariz., Aug. 25 /PRNewswire/ -- Scottsdale-based Remington Capital, a leading national financial services company, is committed to extending its presence internationally, according to Remington Chairman Andy Bogdanoff.

"Remington's international objective is to provide access to capital for commercial projects of $5 million or more in non-U.S. markets where opportunities exist for potentially rewarding long-term investments with limited risk," said Bogdanoff, an expert in commercial financing for more than 35 years.

Because of demand for commercial financing and the very attractive investment opportunities outside the U.S., Remington has established offices in Mexico and Australia and is exploring the impressive growth potential in other countries.

Well-versed in international transactions, Remington has already secured commercial financing for projects in Costa Rica, Canada, and Mexico, including $9.5 million in senior debt in Costa Rica; $40 million and $15 million in senior debt for projects in Baja California Sur; $1.2 million in senior debt in Canada; and $16 million in senior debt for a property in Sonora, Mexico.

Said to be the industry's best access to commercial capital, Remington specializes in providing commercial clients – particularly those unable to secure traditional financing - with expert advisory services and ready access to a global network of some 600 active public and private sources of capital.

Since 1993, Remington has arranged more than $5 billion in senior debt, mezzanine debt, equity, and joint venture financing for hundreds of commercial clients. Almost a billion dollars in capital approvals were received by the company during 2008-2009 alone. Over the years, Remington's financing experts and capital markets specialists have helped finance, refinance and recapitalize all types of commercial real estate, as well as corporate and other projects.

SOURCE Remington Capital

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