With our access to over 80 lenders, we can offer you the best commercial mortgage interest rate.
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5-Star Mobile Home Parks
Apartments
Apartment Buildings
Assisted living facilities
Auto repair garages
Boutique hotels
Car dealerships
Care facilities
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Church financing
Congregate care
Drugstores
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CVS Pharmacies
Rite Aid
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Ethanol plants
Factories
Factory outlets
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Special use buildings
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Warehouses
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Commercial Mortgage Interest Rate

Ocean Pacific Capital specializes in fixed commercial mortgage interest rates, which makes budgeting and planning easier for our clients' businesses. Fixed interest rate commercial mortgages have a fixed rates and payments for the entire length of the loan. While the length of the loan is easier to budget, it also provides stability in a market whose rates are always changing. Because mortgage rates can fluctuate on a daily to yearly basis, businesses could be paying higher interest rates. Therefore, it is vital that individuals and their businesses are aware of their costs every year. The length of the term can range from 5 to 20 year as interest rates are set as spreads and loan to value, subject to each underwriting criteria, can be up to 90%. Our experience in this industry since 1977 have given us access to a variety of lenders that offers competitively-priced purchase and refinance mortgage programs, which includes no credit, poor credit, good credit, to conventional and jumbo mortgage loans for residential loans. However, commercial mortgages differ from residential mortgages because these loans are utilized to finance commercial properties, such as multi-family apartments, retail, office, and shopping centers. When lenders qualify borrowers for a commercial mortgage interest rate, credit history of the borrower is important, but credit history of the business and directors have a larger emphasis as the risk of the commercial venture is cautiously evaluated. At Ocean Pacific Capital, regardless of your situation, we work with you to ensure that you get placed in the right loan, whether it is fixed or adjustable interest rates. Our ability to properly structure these commercial loans allows us to help borrowers obtain the necessary financing with one of the most competitive commercial mortgage interest rates. Email or call us to today to contact our commercial loans specialists to see what kind of loan we can tailor to suit your needs.

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

 


Daily Oil & Gas and Wall Street Journal News
11/21/18

OPEC's Worst Nightmare: Permian Ups Production
Posted on Tuesday November 20, 2018

OPEC's bad dream only deepens next year, when Permian producers expect to iron out distribution snags that will add three pipelines and as much as 2 million barrels of oil a day.

Florida LNG Project Clears Hurdle
Posted on Tuesday November 20, 2018

An aerial rendering of the Jacksonville Export Project. SOURCE: Business Wire

Brazil Subsea Pipeline Project Goes to McDermott
Posted on Tuesday November 20, 2018

Petrobras has awarded McDermott an EPCI contract for the ultra-shallow segment of its Rota 3 natural gas export pipeline.

Sapura Energy Wins New Contracts Worth Over $400MM
Posted on Tuesday November 20, 2018

Sapura Energy Berhad strengthens its presence in Mexico and Malaysia with new contract wins.

Putin May Talk Oil with Saudi Crown Prince at G20
Posted on Tuesday November 20, 2018

Russian President Vladimir Putin may meet with Saudi Crown Prince Mohammad bin Salman at the Group of 20 summit next week and discuss issues including the oil market, the Kremlin says.

Johan Castberg FPSO Topside Work Begins
Posted on Tuesday November 20, 2018

Kvaerner is cutting first steel today for the topside of Equinor's Johan Castberg FPSO vessel.

Canadian Oil Patch Plunged into Crisis
Posted on Tuesday November 20, 2018

While the U.S. oil industry has hit a speed bump with the recent drop in oil prices, producers in Canada are in a full-blown crisis.

Brent Will Recover Towards Year-End
Posted on Tuesday November 20, 2018

Fitch Solutions Macro Research's core view is that the price of Brent crude oil will recover towards the end of the year to average over $74 per barrel in 2018.

Crude Oil Down on OPEC Uncertainty
Posted on Monday November 19, 2018

WTI and Brent crude futures prices fell on concerns about OPEC, economic growth and soft petroleum demand.

US Gasoline Price Approaches Level for Last Thanksgiving
Posted on Monday November 19, 2018

AAA contends that motorists should add cheaper gasoline prices to their list of 'things for which to be thankful' this Thanksgiving.

Wall Street Journal
Commercial News

11/21/18

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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