For over 31 years, Ocean Pacific Capital has specialized in commercial construction loans. We have offered these loans to businesses for the intention of construction of a building or an improvement of an existing real estate that is owned by the business. Commercial construction loans that are larger in loan size and long-term in length are normally turned down by conventional banks. However, at Ocean Pacific Capital, we offer loan amounts that start at $500,000 to $1.3 billion to meet all of your financing needs. For raw land infrastructure development, we offer acquisition and development and for construction mini-perm, we offer construction with a 3 to 5 year loan. We also offer construction loans with take out, where a construction is pre-arranged with a takeout loan. An interim loan is a shorter, 2-year bridge or project type loan and a joint venture involves a financial partner in the development of real estate. And lenders looking for the purchase of a commercial property would require a real estate purchase loan. We have over 31 years of experience in all areas of construction lending and financing. We've funded land loans, hard money loans, as well as construction loan programs to fit your residential construction financing needs as well as commercial construction financing. Our commercial construction loan specialists are experienced in closing any and all types of construction loans, whether they are small or large development, and single family as well as multi-family projects. We have the experience and knowledge to get it funded and closed on time to meet your deadlines. To get started today, email us or call us today to see what we can do for you.
Whatever
your financing needs,
we will tailor a loan that's right for you.
Daily Oil & Gas and Wall Street Journal News
7/16/18
China National Offshore Oil Corp is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation says.
North Africa focused oil and gas company SDX Energy Inc announces that a 'successful' production test has been conducted at its SD-4X appraisal well at South Disouq in Egypt.
Vitol and its unnamed partners built Viva Energy after buying Shell's former refinery in Geelong near Melbourne and its petrol stations in Australia for $2.6 billion in 2014.
Wall Street Journal
Commercial News
7/16/18
WSJ.com: Commercial Real Estate
Sportswear-Maker Puma to Open New York Flagship Germany?s Puma has signed a lease deal to creating a marquee location on Fifth Avenue that will be the first of its kind for the company in North America.
Kushner Cos., Brookfield Near a Deal for Stake in 666 Fifth Ave. The real estate arm of Brookfield Asset Management is in advanced talks with Kushner Cos. to buy roughly a 50% stake in 666 Fifth Ave. and invest hundreds of millions of dollars in the Manhattan office tower, which has been at the center of a controversy over possible conflicts of interest involving Jared Kushner, President Donald Trump?s son-in-law and adviser.
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.
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.
BRE #:00619059
Charles Elfsten, President
Charles A. Elfsten
