PHILADELPHIA -- Remington Financial Group today announced the launch of BlueStone Real Estate Capital, a commercial real estate investment banking firm.
According to Matthew E. McManus, chairman of Remington, the new firm will provide financing and structuring advice to the nation's elite
real estate investors, owners, operators and developers. Remington has served the entire spectrum of borrowers for the past 14 years and historically has been most successful in serving the sophisticated institutional borrower. Bluestone, staffed by Remington's most experienced and top producing executives will exclusively serve the top tier of real estate owners, specifically the top 20 owners in the nation's top 20 markets."Remington and its top producers have developed a stellar reputation for successfully delivering financing to complex transactions," said McManus. "BlueStone's goal is to leverage our past record of success and experience serving the institutional borrower, while focusing solely on their demanding and complex needs."
The firm has positioned itself as the leading boutique real estate financing intermediary focusing on transactions ranging from $10 million to $1 billion.
Under McManus' leadership, the Remington name has become synonymous with high profile financing mandates for developments and properties in the region and across the country. A few examples in the Philadelphia area include: The Edge at Avenue North, Westin Hotel, Drexelbrook Apartment Complex, Presidential City Luxury Apartment Complex, Einstein One Medical Center, Plymouth Meeting Office Park and Korman Christina Mills Apartment Complex.
BlueStone Real Estate Capital is a commercial real estate investment banking firm that secures innovative debt, mezzanine, equity and sponsor financing for the nation's top-tier investors, operators, owners and developers. Leveraging its up to the minute market knowledge, credibility and relationships with highly regarded institutional financing sources, BlueStone specializes in closing complex deals for sophisticated clients. BlueStone provides full-service institutional investment banking services, including arranging joint venture equity, bridge, construction and debt financing. For more information please visit www.bluestonecap.com.