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Looking for a commercial construction loan? For over 28 years, Ocean Pacific Capital has prided itself on finding its clients the best suited commercial construction loan from an efficient and cost perspective. Our nationwide commercial construction loan department offers a variety of commercial construction options for purchase, refinance, construction, short and long-term financing. We fund all commercial construction loans from $500,000 to $1,300,000,000. If you are looking for a commercial construction conduit, commercial construction mezzanine, or commercial construction financing, whether you are in California, or in any other state, with good or bad credit, we can help you find the commercial construction loan program that meets your unique and individual needs.

We offer commercial construction loans on any of the following property types, but not limited to: shopping centers, apartments, commercial centers, industrial buildings, strip centers, mobile home parks, subdivisions, office buildings, mixed use centers, senior housings, hotels, golf courses, and lot loans. Commercial construction debt coverage ratios are as low as 1.05 to 1.35. We also offer adjustable and fixed programs on commercial construction loans. Commercial construction loan to cost up to 100% as well as loan to value up to 90% ratios. 5,10, 20, 25, to 30 year financing is available for commercial construction financing. We offer commercial construction loans with loan amounts starting at $1 million to $1.3 billion.

For more information on a commercial construction loan or to obtain a commercial construction loan, please contact us. For a listing of our recent commercial construction loan closings, please click HERE.

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

 


Daily Oil & Gas and Wall Street Journal News
2/22/19

Crude Oil Inches Downward
Posted on Wednesday February 20, 2019

WTI and Brent futures finished the day lower.

Ensco and Rowan Merger Given Final Approval
Posted on Wednesday February 20, 2019

More than four months after originally announcing their plans to merge, offshore drilling contractors Ensco plc and Rowan Companies plc Rowan Companies plc have been given the final green light.

Wintershall, DEA Plan to Axe 1,000 Jobs
Posted on Wednesday February 20, 2019

After Wintershall and DEA complete their merger this year, the newly formed company will be cutting 1,000 jobs.

UAE Refinery Contract Goes to Wood
Posted on Wednesday February 20, 2019

ADNOC plans to expand its refining complex at Ruwais, UAE. PHOTO SOURCE: ADNOC.

Empty Supertankers Uncover Truths About Today's Oil Market
Posted on Wednesday February 20, 2019

Twelve empty supertankers plowing across thousands of miles of ocean toward America's Gulf of Mexico coastline are revealing truths about today's global oil market.

Brent-WTI Spread Likely to Continue to Narrow
Posted on Wednesday February 20, 2019

The Brent-WTI spread is likely to continue to narrow in the near term, according to Cantor Fitzgerald Europe.

Oil Extends Gains
Posted on Wednesday February 20, 2019

Oil extended gains from a 3-month high as industry data signaled a limited increase in American crude stockpiles, and on signs that the U.S. and China are moving closer to a trade deal.

Permian Oil and Gas Production to Hit New Records
Posted on Wednesday February 20, 2019

Oil and gas production in the Permian will hit new records next month, according to the EIA.

Ophir Adviser Joins Efforts to Disrupt Takeover
Posted on Wednesday February 20, 2019

One of Ophir Energy's earliest investors is adding to pressure the exploration company is facing over a takeover plan.

Crude Oil Up Amid Growing Spread
Posted on Tuesday February 19, 2019

Both the WTI and Brent finished higher Wednesday as the spread between the two benchmarks reached levels not seen since Nov. 2018.

Wall Street Journal
Commercial News

2/22/19

WSJ.com: Commercial Real Estate

CBRE Global Investors Buys Stake in Three GGP Malls
One of the world?s largest real-estate asset managers has purchased a 49% stake in three malls in a deal that values them at more than $1 billion and shows that investors still have an appetite for top-tier retail property.

FAO Schwarz Is Returning to New York
A dominant presence in Midtown Manhattan for decades before its closure in 2015, the toy store is coming to life again with a new, 20,000-square-foot Rockefeller Center location.

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.

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.

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