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
6/4/20
China National Offshore Oil Corp. (CNOOC) has granted a 12-month extension to Empyrean Energy for the first phase of exploration drilling in Block 29/11, offshore China, due to the COVID-19 pandemic and the resultant global control policies.
Ineos E&P Norge AS closed a deal May 29 to transfer 15% interest in two Norwegian Sea licenses to Lime Petroleum AS (LPA), a 90% subsidiary of Rex International Holding Ltd., LPA said June 1.
The Angola National Agency of Oil, Gas, and Biofuels has provided more onshore data for oil exploration in the Lower Congo and Kwanza onshore basins ahead of an official announcement to begin new bidding rounds.
Applied Petroleum Technology (APT), Oslo, has identified lower Jurassic source rocks and a genetically related set of oil shows in the Southern Grand Banks petroleum system offshore Canada.
UAW Ex-President Pleads Guilty to Embezzlement, Racketeering Charges Former United Auto Workers President Gary Jones pleaded guilty to embezzlement of union funds and racketeering, marking the highest-profile conviction yet in the government?s yearslong investigation into labor corruption within the auto industry.
Snap Says It Won't Promote Trump's Snapchat Account Social-media company Snap said it will no longer promote the Snapchat account of President Trump on its home page after finding that his public remarks could incite racial violence, a spokeswoman said.
Chicken Industry Executives Indicted on Price-Fixing Charges The CEO of one of the country?s biggest chicken producers and three other industry executives were indicted on charges they conspired to fix prices on chickens sold to restaurants and grocery stores, the Justice Department?s first charges in a continuing criminal antitrust probe.
Coronavirus Pandemic Drives Unemployment Up Across U.S. Metro Areas The coronavirus pandemic caused unemployment to rise in every metropolitan area in the U.S. in April, the first full month of widespread stay-at-home orders and business shutdowns, hitting hardest tourist destinations and factory towns.
