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 bridge loan a smooth and easy process for the client.

Bridge Loans are usually have a one to two year term, interest only payment, with options for extension. The bridge loan amount typically ranges from $1,000,000.00 to $50,000,000.00 on most property types. Bridge loans are typically used for time sensitive transactions, properties that need one to two years for lease-up/stabilization, Debtor-in-posession/bankruptcy exit financing and construction or rehab projects.

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 within a week 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 full appraisals may not even be required.

An important aspect of bridge financing is the exit strategy. The exit strategy for a bridge loan is generally a refinance into a permanent loan which Ocean Pacific Capital can also provide, or sale of the building(s).

The property types considered are apartments, retail, office, industrial, residential condominiums, gas stations, raw land, multifamily, mixed use, self storage, commercial and residential condominiums, single family investment properties, warehouses, motel, hotel, single tenant, assisted living facilities, automotive facilities, nursing homes and many others. 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 loan and each lender or private investor is different in their outlook and risk assessment. With a large network of investors at our disposal, Ocean Pacific Capital can procure 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.

 

Wall Street Journal
Commercial News

11/25/20

WSJ.com: US Business

GE Plans More Job Cuts in Aviation Division
General Electric warned employees that more job cuts are coming to the conglomerate?s jet-engine business because of the pandemic?s impact on commercial air travel even with the promise of a vaccine on the horizon.

AstraZeneca Gears Up to Vaccinate the World
Among the front-runners racing to deliver a Covid-19 shot, AstraZeneca has the least vaccine experience. But it has promised the world the most doses?more than three billion.

Penguin Random House Parent Near Deal to Buy Simon & Schuster From ViacomCBS
ViacomCBSInc. is close to a deal to sell book publisher Simon & Schuster to German media giant Bertelsmann SE for more than $2 billion, according to people familiar with the matter.

Dick's Sporting Goods CEO Ed Stack to Step Down
The retail executive built the company into a national chain during his decades at the helm and led it into a contentious national debate over gun violence. He will remain chairman and chief merchant.

Europe's Biggest Utility Company to Ramp Up Spending on Wind, Solar Power
Enel plans to spend around $83 billion expanding its presence in wind and solar power in the coming decade, seeking to cement its position as the world?s largest renewable energy producer outside China and capitalize on the shift to green energy.

Politics Isn't Janet Yellen's Forte, but It's What She's In for Now
Biden?s pick for Treasury secretary has done it all in economic policy, and if confirmed will face new tests on debt and spending in a deeply divided Washington.

Upbeat Investors Look Past Current Woes
U.S. economic growth is slowing and coronavirus cases are surging, but stocks climb ever higher as investors look ahead to when vaccines usher in better days.

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