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
7/23/17

Oil Dives About 2.5%; OPEC Crude Output Rise Forecast
Posted on Thursday July 20, 2017

Oil prices slid on Friday, settling about 2.5% lower after a consultancy forecast a rise in OPEC production.

Malaysia's Petronas Delivers First LNG Cargo To Thailand's PTT
Posted on Thursday July 20, 2017

Petroliam Nasional Bhd announces the delivery of its first liquefied natural gas (LNG) cargo to Thailand.

Deals Set Bullish Tone As Peru Export Halt Tightens Market
Posted on Thursday July 20, 2017

Asian spot LNG prices step higher this week, shrugging off months of weakness.

Neverland Tanker With Disputed Kurdish Oil Reappears Off Malta
Posted on Thursday July 20, 2017

The Neverland tanker has reappeared off the coast of Malta after going off radar near Canada on June 30.

S. Korea Easing Rules At Oil Terminals In Effort To Become Trade Hub
Posted on Thursday July 20, 2017

South Korea is in the process of easing blending restrictions at its oil storage terminals as the world's No. 5 crude importer bolsters an effort to become a North Asia trading hub.

EU Court Rejects Polish Bid To Halt Opal Pipeline Deal, Verdict In 2019
Posted on Thursday July 20, 2017

A European Commission deal giving Gazprom a bigger share of the Opal gas pipeline can go ahead for now until a ruling is issued in 2019.

Trump's America-First Pipeline Plan Draws Ire of American Oil
Posted on Thursday July 20, 2017

Donald Trump's allies in the oil industry are warning the president that his bid to boost US steelmakers could backfire against their efforts to achieve his goal of "American energy dominance."

Greenpeace Activists Protest Near Oil Rig In Norway's Arctic Sea Area
Posted on Thursday July 20, 2017

Environmental activists protest near an offshore rig contracted by Statoil in the remote Norwegian Arctic.

Canada's Encana Smashes Profit Estimates, Shares Rise
Posted on Thursday July 20, 2017

Encana posts a quarterly profit that handily beat analysts' estimates and raised its full-year core asset production growth forecast.

Husky Energy Posts Smaller 2Q Loss On Higher Oil Prices
Posted on Thursday July 20, 2017

Husky reports a smaller loss, helped partly by higher oil prices and an increase in production.

Wall Street Journal
Commercial News

7/23/17

WSJ.com: Commercial Real Estate

Excuse Me, You're Blocking My Sun
Australia?s rapid embrace of rooftop panels?now installed on one in four homes in some areas?has collided with another hot spot of investment, construction of apartments and homes.

1031 Exchange Real Estate Tax Break Faces Extinction
A much-loved tax advantage in the commercial real-estate industry is on the chopping block even as chances dim for the passage of a broad federal tax overhaul this year.

Mall Tenants Play Hardball In Lease Negotiations
Retailers, food and beverage operators and department store chains looking to renew their leases have been asking for more allowances from mall owners.

Mall Project Denied on Former Shea Stadium Site
New York?s highest court on Tuesday blocked the development of a billion-dollar shopping mall on a Citi Field parking lot in Queens, affirming a ruling that the project needs legislative approval to proceed.

New Jersey Landlords Sweeten Perks With Ride-Hailing Subsidies
Food trucks and fitness centers are among the amenities that New Jersey office landlords have been using to attract tenants.The latest perk: Subsidies for digital ride-hailing services such as Uber and Lyft.

McCourt Global Puts Money Into Modular Construction
One of New York City?s most prominent investors is betting on modular construction. McCourt Global led a group of investors in a $6 million round of funding for Brooklyn company FullStack Modular LLC.

Owners of Two Connected Midtown South Buildings Refinance Property
The owners of two connected Midtown South Buildings have secured $430

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