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Commercial Hard Money Mortgage


If you currently own a commercial property, but the property is not acquiring enough income, or your business is losing money, and your credit is poor, commercial hard money mortgage loans are available and easily obtained in these situations. For over the past 31 years, Ocean Pacific Capital has specialized in commercial property backed loans for those difficult to fund property types or special situations that are harder to fund under normal circumstances, such as bridge loans. While these requirements differ between lenders on loan to value ratios, property values and types, it is best to work with someone who has the experience and access to over 130 different lenders to obtain the necessary financing that you need. Properties become an important aspect in obtaining financing as commercial hard money mortgage lenders need a source for repayment. Therefore, if the borrower does not commit to the payments of the mortgage, the hard money lender will be forced to forclose and sell the property as collateral. Most commercial hard money mortgage loans are short-term; however, depending on each case, longer terms are available. We offer commercial hard money loans starting at $500,000 and up. To get started on this process today or for more information on how we can exceed your needs, email or call our commercial loan specialists today.

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

 

Commercial News for 2/4/12

WSJ.com: Commercial Real Estate

Blackstone Spies Retail Recovery
Blackstone Group's $11 billion bet on retail property is showing signs of paying off.

Plots & Ploys: Touchdown Before Kickoff
Regardless of whether the New York Giants or the New England Patriots win Super Bowl XLVI on Sunday, a prohibitive favorite has emerged: Indianapolis-area hotels.

Two Office REITs Post Higher Earnings
Boston Properties Inc. and SL Green Realty Corp. reported stronger-than-expected quarterly earnings, a sign that the nation's largest office landlords have been able to boost revenue despite tepid job growth.

Home Shortage in London to Worsen
London looks likely to experience a drought of new housing over the next few years, as construction of homes amid fears of renewed recession and a dearth of mortgage finance, a report from property consultant suggests.

Cost of Trade Center Tower Rises
The price tag for One World Trade Center, the signature skyscraper under construction at Ground Zero in New York, has risen to more than $3.8 billion, making it by far the world's most expensive new office tower.

Developer Makes a Fresh Start
The family behind Opus, once one of the largest private developers in the country, is making a comeback after settling battles with creditors and former employees.

Marriott Delivers Late Editions
Marriott has been trying?and failing?for more than four years to build a brand of hip hotels. Now, it finally may be breathing some life into the Edition brand, its competitor to the stylish W chain.

NMLS #: 279674
DRE #:00619059
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