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Sep 23, 2009

Donavon Ostrom Joins Remington Financial Group

This seasoned veteran of traditional lending and alternative financing will head the newly formed Capital Markets Group for Remington. The group was formed to assure that Remington continues to provide the industry’s best access to commercial capital.

Phoenix, September 23, 2009. Remington Financial Group has reached out to industry expert Donavon Ostrom to become director of their newly formed Capital Markets Group.

Ostrom has more than 25 years of real estate development and financing experience. He will apply his financial services industry expertise to identify, develop, and nurture traditional lender and alternative financing relationships on behalf of clients looking to secure financing.

“Lender affiliations are critically important to our business, and Donavon’s breadth of knowledge makes him uniquely qualified to understand lenders’ priorities,” said Andy Bogdanoff, founder and chairman of Remington Financial Group. “He will add significant value to Remington by creating, fostering, and enhancing both new and existing lender relationships. This is always important, but in the current market, it is critically important.”

Ostrom co-founded Outsource International, LLC and has served as chief operating officer and senior vice president at Express America Mortgage Corporation. He has also served as retail head of production and vice president for FBS Mortgage, Inc. (a subsidiary of First Bank System) and as national production manager and senior vice president of CrossLand Mortgage Corporation (a subsidiary of First Security Corporation).

“The extensive private and public lender network of Remington gives clients the best access to capital,” says Ostrom. “I’m excited to be a part of this experienced and creative team, and I look forward to further enhancing the company’s funding capabilities.”

About Remington Financial Group

Since 1993, Remington Financial Group has built a successful track record of closing even the most challenging debt, mezzanine, and equity capital transactions. Our experienced associates specialize in developing and executing financial structures that often turn problematic transactions into successful closings. Because of the company’s strong connections to hundreds of active funding sources across the capital stack, commercial real estate and general business clients of Remington have access to some of the industry’s best sources of commercial capital.

For more information:
www.remingtonfg.com
www.twitter.com/remingtonfg

Contact: Doug Bruhnke
Growth Nation
doug@growthnation.com
(480) 459-7455

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