With access to over a hundred lenders, we can offer the best solutions to any type of commercial loan scenario.
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5-Star Mobile Home Parks
Apartments
Apartment Buildings
Assisted living facilities
Auto repair garages
Boutique hotels
Car dealerships
Care facilities
Car wash facilities
Casinos
Church financing
Congregate care
Drugstores
Walgreens
CVS Pharmacies
Rite Aid
Energy
Ethanol plants
Factories
Factory outlets
Franchises
Gas stations
Golf courses
Grocery stores
Hospitality
Hotels
Housing developments
Independent living facilities
Industrial parks
Land acquisitions
Manufacturing facilities
Medical facilities
Medical offices
Mini storage
Mixed use
Mobile home parks
Movie theaters
Office buildings
Offices
Parking garages
Post Offices
Private schools
Raw land
Regional malls
Residential subdivisions
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Restaurants
Retail centers
RV parks
Senior housing
Shopping centers
Ski resorts
Special use buildings
Strip centers
Student housing
Tract development
Warehouse distribution centers
Warehouses
Wineries

 
 
 

Commercial Mortgage Broker

A commercial mortgage broker acts as a liaison that obtains mortgage loans on behalf of individuals and businesses, such as investors and real estate developers. Conventionally, lending institutions, such as banks, have distributed their own products. However, because the markets for commercial mortgages have developed into a more competitive industry, mortgage brokers have become more popular than ever. Especially in developed markets, mortgage brokers have become the largest distributors of mortgage products for lenders. While the extent of regulation of the practice of a commercial mortgage broker varies on the jurisdiction in each state, mortgage brokers are regulated to make certain that its clients and borrowers are protected. While the nature and range of a mortgage broker's activities varies with jurisdiction, their activity can be divided into dealing directly with individuals and businesses and lenders. Mortgage brokers market to attract clients, assess the borrowers' credits and assets to determine affordability, analyze the market to match borrowers' needs, acquire necessary documents, complete lender application form and submit required materials to lender, and explain the legal disclosures to the clients and act a liaison between the lender and borrower. The presence of a mortgage broker simplifies mortgage process for borrowers and ensures that the process is going smoothly. For over 31 years, Ocean Pacific Capital has prided itself on being one of the top commercial mortgage broker in the nation. To see how we can exceed your expectations, email or call us to contact one of our commercial loan specialists to see what we can do for you today.

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

 


Daily Oil & Gas and Wall Street Journal News
1/23/19

Oil Holds Losses Near $53
Posted on Tuesday January 22, 2019

Oil held its losses from Tuesday at near $53 a barrel as pessimism over the prospects for a U.S.-China trade deal clouded the global economic outlook.

MEG to Cut Spending and Shuffle Board
Posted on Monday January 21, 2019

Fresh off defeating a hostile takeover bid, MEG Energy is slashing capital spending and reviewing the makeup of its board.

Crude Oil Futures Falter
Posted on Monday January 21, 2019

Two individuals notably absent from Swiss ski resort are making their mark.

Frac Water Demand in US Skyrockets
Posted on Monday January 21, 2019

New research by Rystad Energy finds that the demand for frac water in the US has more than doubled since 2016.

Nearly $1B Awarded for Canada LNG Project
Posted on Monday January 21, 2019

The British Columbia project will boast unimpeded access to LNG customers in Asia.

Halliburton Receives International Gains to Close Out 2018
Posted on Monday January 21, 2019

The oilfield services giant saw $5.9 billion in revenue in the fourth quarter of 2018.

Shale Slowly Choking Off Historic Gasoline Trade
Posted on Monday January 21, 2019

The rise of U.S. shale oil is choking off a historic gasoline trade, dealing a blow to European refineries that for decades have relied on American drivers to buy their excess supplies.

Genel Buys Stakes in Chevron KRI Blocks
Posted on Monday January 21, 2019

Genel Energy reaches an agreement to acquire stakes in the Chevron operated Sarta and Qara Dagh blocks.

Industry Confidence Keeps Rising
Posted on Monday January 21, 2019

Industry confidence has risen again, according to a new report released Tuesday by oil and gas technical adviser DNV GL.

Oil Halts Gains Near 2-Month High
Posted on Monday January 21, 2019

Oil halts gains near a 2-month high as investors weigh concerns over outlook for the global economy against the OPEC+ coalition's performance on pledged output cuts.

Wall Street Journal
Commercial News

1/23/19

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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