Since 1977, we have been an expert in commercial hard money mortgage loans and will offer the best rates.
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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.

 


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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