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Today's Real Estate News

The Great Run of '08
Commentary: Fed's 'nuclear' fireworks fizzle

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U.S. to purchase stake in banks
New gambit to revive lending

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Agent leans on experience, Internet
Part 1: Lessons learned in past downturns

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HUD details $4 billion grant program
State, local governments to buy foreclosed homes

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Feds OK Wells Fargo-Wachovia merger
Combined company to have offices in 39 states

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Bank fears pushing ARM rates up
Rise in LIBOR will cost homeowners

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Trulia launches 'Market Crisis' site
Real estate tech brief

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McCain plan to buy mortgages under fire
Obama campaign trashes idea in TV spot

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Mindset matters in real estate
How supportive environment helps achieve goals

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Treasury moves to implement 'rescue'
Paulson: Mortgages key to turnaround

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The greatest story ever told
The Davison Files

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The state of foreclosure prevention
Perspective: Some states use unproven approaches

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Feds waive capital rules for Fannie, Freddie
Regulators say companies are undercapitalized

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IMF: Global recession can be averted
2009 bottom seen for U.S. housing

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Mortgage rates dip below 6%
Real estate brief

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Ocean Pacific Capital has direct access to 87 aggressive commercial real estate loan lending sources in the nation, offering competitive rates. For the past 28 years, Ocean Pacific Capital has offered commercial real estate loan products and commercial real estate loan programs. Commercial real estate loans are available for the following commercial properties, but not limited to: apartments, commercial centers, industrial buildings, strip centers, mobile home parks, subdivisions, office buildings, mixed use centers, senior housings, hotels, golf courses, and lot loans. Our commercial real estate loan department works diligently to structure financing terms that are best suited to our client’s needs for a commercial real estate loan. As a direct correspondent to 87 commercial real estate loan lending institutions, our customers will not only benefit from competitive rates on a commercial real estate loan, but also at an efficient and cost perspective. Our commercial real estate loan underwriting guidelines are as follows:

· Up to 80% LTV available on commercial real estate loans (100% LTV with mezzanine loan)
· Loan amounts range on a commercial real estate loan from $500,000 to $1.3 billion
· Adjustable commercial real estate loan available as well as fixed rate commercial real estate loan
· Commercial real estate loan fixed rate 5, 7, 10 year terms amortized over 25 or 30 years
· Recourse and non-recourse available on commercial real estate loan
· Up-to-date commercial real estate loan rates available

Make Ocean Pacific Capital your commercial real estate loan financing source. Whether you need to refinance your current commercial real estate loan or acquire a commercial real estate loan, we have the experience to structure the best commercial real estate loan suited to your needs. To submit a commercial real estate loan request, click here. For more information on commercial real estate loans, call us today toll-free 1.800.595.1474 for a confidential and complementary commercial real estate loan quote. Click here to view our most recent commercial real estate loans.


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

 
Today's Commercial News
Per Square
Commercial Real Estate News & Analysis

Manhattan Tower Sells for $1B
Silverstein Properties and the California State Teachers’ Retirement System (CalSTRS) have joined together to purchase the Manhattan Tower located at 1177 Avenue of the Americas for just over $1 billion.  The 47-story tower consists of just over one million square feet, making the sale about $1000 per square foot. The art deco tower was designed by Swanke [...]
280 Park Avenue Sold For $1.28B
Broadway Partners and Investcorp Real Estate have joined together to purchase 280 Park Avenue Istithmar for $1.28B.  The Property consists of two towers totaling 1,237,000 square feet, making the sale just over $1000 per square foot.  The Dubai based firm Istithmar purchased the towers in June 2006 for $1.2B.  The towers stand tall at 31 and 43 stories, bridged together by a [...]
Germans buy the Rookery for $73M
An unknown wealthy German family purchases the Rookery for $73.4M from Broadway Partners.  The 285,706 square foot building is located at 209 South LaSalle Street, Chicago.  The twelve story building was constructed in 1888 and renovated in 1991.  The building is a National Historical Landmark and has received numerous design awards.  At the time of sale it was reported [...]
Professional Packaging Systems Leases 104,000SF
Professional Packaging Systems LLP will occupy 104,000 square feet of industrial space in Grand Prairie, Texas.  The property is located at 2002 Avenue R, just south of the North Carrier Parkway and East of the Great Southwest Parkway.  The property is owned by ML Realty Partners headquartered in Addison, Texas.  Professional Packaging Systems is a national discount supplier [...]
Surface Guard Leases 107,000SF
Surface Guard Inc. renewed a lease of 107,000SF in Aurora.  The lease is comprised of two buildings, located at 515 and 615 Enterprise Street.  The two buildings are owned and managed by Duke Realty. No information was made available regarding the lease rate. Surface Guard specializes in the manufacturing of surface protection films.   Surface Guard was represented by [...]

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