With a large network of lenders at our disposal, we can find you a bridge loan program that best fits your unique situation.
Call us toll-free at 1-800-595-1474
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5-Star Mobile Home Parks
Apartments
Apartment Buildings
Assisted living facilities
Auto repair garages
Boutique hotels
Car dealerships
Care facilities
Car wash facilities
Casinos
Church financing
Congregate care
Drugstores
Walgreens
CVS Pharmacies
Rite Aid
Energy
Ethanol plants
Factories
Factory outlets
Franchises
Gas stations
Golf courses
Grocery stores
Hospitality
Hotels
Housing developments
Independent living facilities
Industrial parks
Land acquisitions
Manufacturing facilities
Medical facilities
Medical offices
Mini storage
Mixed use
Mobile home parks
Movie theaters
Office buildings
Offices
Parking garages
Post Offices
Private schools
Raw land
Regional malls
Residential subdivisions
Resorts
Restaurants
Retail centers
RV parks
Senior housing
Shopping centers
Ski resorts
Special use buildings
Strip centers
Student housing
Tract development
Warehouse distribution centers
Warehouses
Wineries

 
 
 

BRIDGE LOANS

Ocean Pacific Capital has been in the commercial loan business since 1977. We have the experience needed to make getting a commercial loan a smooth and easy process for the client.

Bridge Loans are usually 90 days to a one year term with options for extension. The bridge loan amount ranges from $1,000,000.00 to $50,000,000.00 within the Continental USA on most property types.

Bridge loans offer the advantage of a relatively fast closing time -as fast as is necessary or possible. The closing time frame can actually be closed within a few days given there are no unusual issues and most of the paper work, legal work and title work is in order and any required and ordered third party reports for any given transaction do not experience delays. Existing third party reports may be acceptable and in some cases appraisals may not even be required.

The property types considered are apartments, retail, office, industrial, residential condominiums, gas stations, raw land, multifamily, mixed use, self storage, commercial condominiums, warehouses, motel, hotel, single tenant, assisted living facilities, automotive facilities and nursing homes. Loan proceeds can be used for acquisition or purchases, construction (improvement and renovation construction, gut rehab construction, ground up construction and infrastructure construction) or for refinancing with or without cash out.

There are no strict rules as to the structuring of any given deal and each lender is different in their outlook and risk assessment. With a large network of lenders at our disposal, Ocean Pacific Capital can find you a bridge loan program that best fits your unique situation.

We fund all commercial and construction loans from $500,000.00 to $1,300,000,000.00 worldwide.

  • Debt coverage ratios from 1.10 up
  • Adjustable and Fixed Programs
  • Loan to cost up to 100%
  • Loan to value up to 90%
  • 10 to 30 year Financing

If you need Commercial Monies, Equity Partners and /or Secondary / Mezzanine Financing, call our Commercial Loan Department at 1800 595-1474 or apply today for a free consultation.

 


Whatever your financing needs,
we will tailor a loan that's right for you.

 


Daily Oil & Gas and Wall Street Journal News
4/21/18

Kazakhstan to Slash Heavy Oil Exports as it Goes Upmarket
Posted on Thursday April 19, 2018

The Central Asian country's oil refineries could reduce fuel oil exports by around 35 percent this year.

Indonesia Compensates Pertamina with Oil Block Handover
Posted on Thursday April 19, 2018

Pertamina has signed deals to take over rights to eight expiring oil field blocks previously held by firms including Chevron, CNOOC and Inpex, Indonesian energy ministry officials said.

East Coast Booms on Export Demand for Diesel, Heating Oil
Posted on Thursday April 19, 2018

Latin American buying has helped drive strong export flows and bolster refinery margins.

Japan Carbon Capture Site Shows Promise for Industrial Use
Posted on Thursday April 19, 2018

A test site in Japan for burying CO2 below the seabed off Hokkaido island is showing more promise than other CCS projects, its developer says.

Explorers Crank Rig Count Higher as US Crude Supplies Dwindle
Posted on Thursday April 19, 2018

Oil explorers deployed more U.S. rigs this week as increasingly tight crude supplies pushed prices to their highest since 2014.

Petrobras Is Said to Receive Three Bids for Natural Gas Unit
Posted on Thursday April 19, 2018

etrobras has received three bids for a 2,800-mile (4,506 kilometer) natural gas pipeline system, said people knowledgeable on the matter.

Oil Shrugs Off Trump Tweet to Rise for a Second Straight Week
Posted on Thursday April 19, 2018

Oil rose for a second straight week.

Norway's Odfjell Drilling to Expand Fleet as Rig Market Recovers
Posted on Thursday April 19, 2018

Offshore rig firm Odfjell Drilling plans to expand its floating rig fleet to between six and 10 from four now, it said on Friday.

Oklahoma Regulators Order Disposal Well Shut, More Reductions After Quakes
Posted on Thursday April 19, 2018

Oklahoma regulators on Thursday ordered a wastewater disposal well shut and told two operators to reduce injection volumes, the second such directive in less than two weeks.

Oil Major Total's CEO Says Will Not Give Up on Venezuela
Posted on Thursday April 19, 2018

"Despite all the difficulties, Total remains in Venezuela," said CEO Patrick Pouyanne.

Wall Street Journal
Commercial News

4/21/18

WSJ.com: Commercial Real Estate

Sign of the Times: New Office Space Created in Retail's Tumult
Normandy Real Estate Partners? $133 million deal for the upper portion of ABC Carpet?s flagship store is an example of office space edging into territory that once was retail?s domain.

Want to Buy a Luxury Hotel in the U.S.? Try China's Insurance Regulator
When Chinese regulators seized control of Anbang Insurance, they took ownership of more than a dozen luxury U.S. hotels. Now, as the government looks to sell, it faces a problem: The buildings likely are worth less than what Anbang paid only a couple of years ago.

New York's Commercial Property Slump Shows Signs of Slowing
After a two-year plunge, brokers are optimistic that more deals will take place in 2018.

NYC Council Stops Midtown Tower Construction
Work on an 800-foot-tall tower in East Midtown that has been under construction for six months was halted last week following a vote by the New York City Council to limit skyscrapers in the area,.

Malls Never Wanted Gyms. Now They Court Them
Mall owners long treated gyms, massage parlors, and billiards halls as unwanted tenants that attracted lower-rent visitors who were unlikely to shop. Now they?re giving health clubs some of their best real estate.

New Jersey Office Rents Near Records
Asking rents for New Jersey office space are nearing records as landlords undertake extensive renovations and fill older properties with top-notch amenities.

Brookfield Property Makes $14.8 Billion Offer to Acquire Rest of GGP
Brookfield Property Partners LP has made a $14.8 billion offer to acquire the shares of mall owner GGP Inc. that it doesn?t already own, according to people familiar with the matter.

BRE #:00619059
Charles Elfsten, President
Charles A. Elfsten
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