With access to over a hundred lenders, we can offer the best solutions to any type of commercial loan scenario.
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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
8/17/17

Nigeria State Oil Firm Says Its Production Costs Cut To $23 A Barrel
Posted on Tuesday August 15, 2017

Nigeria's production cost per barrel of crude oil is down to $23, the state oil company says.

Oil Slides Despite Steep Draw In US Crude Stocks
Posted on Tuesday August 15, 2017

Oil prices fell more than 1% even though US crude stockpiles declined by the most in a year.

Gadfly: Energy Transfer Offering Exposes Pipeline Parent Trap
Posted on Tuesday August 15, 2017

Investors gave a thumbs up to Energy Transfer Partners LP's decision to raise as much as $1.16 billion by issuing new units.

Ecuador's Esmeraldas Refinery In 'Critical' Situation Despite Overhaul
Posted on Tuesday August 15, 2017

The situation at Ecuador's state-run Esmeraldas refinery remains 'critical,' including problems with the catalytic cracking unit.

Trump Push for Natural Gas Exports Opposed by Manufacturers
Posted on Tuesday August 15, 2017

President Trump's effort to boost US energy is facing push back from manufacturers who say exporting more natural gas may undercut his 'America First' jobs focus.

IOC: Malaysia's Petronas Eyeing Stake In Indian LNG Import Terminal
Posted on Tuesday August 15, 2017

Petronas is looking to buy a stake in Indian Oil Corp's Ennore LNG import terminal, the Indian firm's chairman says.

Thai Oil Buys 1 Million Barrels North Sea Crude To Replace Mideast Oil
Posted on Tuesday August 15, 2017

Thai Oil PCL has bought 1 million barrels of North Sea Forties crude to be delivered in November

Woodside Sees Qatar Targeting New LNG Buyers With Supply Surge
Posted on Tuesday August 15, 2017

Woodside expects rival Qatar to target the emerging markets of India and Pakistan with a new wave of supply next decade and not cannibalize traditional Asian buyers.

Russian Watchdog Says Schlumberger-Eurasia Drilling Deal 'Has Big Problems'
Posted on Tuesday August 15, 2017

The acquisition of a 51% stake in Russia's EDC by Schlumberger 'has big problems' in the current political situation.

Saipem to Build Pipelines for Kuwait Refinery Project
Posted on Tuesday August 15, 2017

A unit of Kuwait Petroleum Corp. has awarded Saipem an approximately $850 million contract tied to KOC's Al Zour refinery project.

Wall Street Journal
Commercial News

8/17/17

WSJ.com: Commercial Real Estate

Shortage of Industrial Space on Long Island Squeezes Tenants
Long Island?s shrinking industrial space has placed expanding tenants in a tough spot, forcing them to look east to Suffolk County and off the island entirely, according to real-estate services firm JLL.

Supermarkets Face a Growing Problem: Too Much Space
A massive build-out by retailers has left the country piled up with grocery shelves as consumers shift from big weekly shopping trips to more snacking and to-go meals.

Excuse Me, You're Blocking My Sun
Australia?s rapid embrace of rooftop panels?now installed on one in four homes in some areas?has collided with another hot spot of investment, construction of apartments and homes.

1031 Exchange Real Estate Tax Break Faces Extinction
A much-loved tax advantage in the commercial real-estate industry is on the chopping block even as chances dim for the passage of a broad federal tax overhaul this year.

Mall Tenants Play Hardball In Lease Negotiations
Retailers, food and beverage operators and department store chains looking to renew their leases have been asking for more allowances from mall owners.

Mall Project Denied on Former Shea Stadium Site
New York?s highest court on Tuesday blocked the development of a billion-dollar shopping mall on a Citi Field parking lot in Queens, affirming a ruling that the project needs legislative approval to proceed.

New Jersey Landlords Sweeten Perks With Ride-Hailing Subsidies
Food trucks and fitness centers are among the amenities that New Jersey office landlords have been using to attract tenants.The latest perk: Subsidies for digital ride-hailing services such as Uber and Lyft.

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